Taylor Wimpey PLC (GB0008782301)
 

1,01 GBX

Stand (close): 22.08.25

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06.08.25 05:18:43 Es kann einige helle Spots in Taylor Wimpey sein (LON:TW.) Ergebnis
**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!** Entdecken Sie Taylor Wimpey's Fair Values aus der Gemeinschaft und wählen Sie Ihre Investoren waren enttäuscht über die schwachen Gewinne von Taylor Wimpey plc (LON:TW. ). Unsere Analyse deutet jedoch darauf hin, dass die weichen Headline-Zahlen durch einige positive zugrunde liegende Faktoren ausgeglichen werden. Trump hat zu "unleash" amerikanischen Öl und Gas gelobt, und diese 15 US-Bestände haben Entwicklungen, die zu profitieren sind. LSE: TW. Ergebnis und Umsatz Geschichte 6. August 2025 Die Auswirkungen von unüblichen Artikeln auf den Gewinn Um die Gewinnergebnisse von Taylor Wimpey richtig zu verstehen, müssen wir die Kosten von 235 Millionen UKW berücksichtigen, die auf ungewöhnliche Gegenstände zurückzuführen sind. Während Abzüge aufgrund ungewöhnlicher Gegenstände im ersten Fall enttäuschend sind, gibt es eine silberne Auskleidung. Als wir die überwiegende Mehrheit der börsennotierten Unternehmen weltweit analysierten, fanden wir heraus, dass bedeutende ungewöhnliche Objekte oft nicht wiederholt werden. Und das ist kaum eine Überraschung, da diese Line-Elemente als ungewöhnlich angesehen werden. In den zwölf Monaten bis Juni 2025 hatte Taylor Wimpey einen großen ungewöhnlichen Artikelaufwand. Alles andere, was gleich ist, würde dies wahrscheinlich dazu führen, dass der gesetzliche Gewinn schlechter ausfällt als seine zugrunde liegende Ertragskraft. Das lässt Sie sich fragen, welche Analysten in Bezug auf zukünftige Rentabilität prognostizieren. Zum Glück können Sie hier klicken, um ein interaktives Diagramm zu sehen, das zukünftige Rentabilität zeigt, basierend auf ihren Schätzungen. Unsere Take On Taylor Wimpey Profit Performance Wie wir oben diskutierten, denken wir, dass die bedeutenden ungewöhnlichen Kosten Taylor Wimpeys gesetzlicher Gewinn niedriger machen als sonst. Basierend auf dieser Beobachtung halten wir es für möglich, dass Taylor Wimpeys gesetzlicher Gewinn sein Ergebnispotenzial tatsächlich unterschätzt! Auf der anderen Seite, seine EPS tatsächlich in den letzten zwölf Monaten geschrumpft. Ziel dieses Artikels war es, zu bewerten, wie gut wir uns auf das gesetzliche Ergebnis verlassen können, um das Potenzial des Unternehmens zu reflektieren, aber es gibt viel mehr zu berücksichtigen. Wenn Sie in Taylor Wimpey tiefer eintauchen möchten, würden Sie sich auch darüber informieren, welche Risiken sie derzeit ausgesetzt sind. Jedes Unternehmen hat Risiken, und wir haben 3 Warnzeichen für Taylor Wimpey (von denen 1 betrifft!) Sie sollten es wissen. Diese Anmerkung hat nur einen einzigen Faktor betrachtet, der die Natur von Taylor Wimpeys Profit beleuchtet. Aber es gibt immer mehr zu entdecken, wenn Sie in der Lage sind, Ihren Geist auf Minutiae zu konzentrieren. Einige Leute halten eine hohe Eigenkapitalrendite für ein gutes Zeichen eines Qualitätsgeschäfts. Während es vielleicht ein wenig Forschung in Ihrem Namen nehmen, können Sie diese kostenlose Sammlung von Unternehmen mit hoher Eigenkapitalrendite finden, oder diese Liste von Aktien mit bedeutenden Insider Holdings nützlich sein. Haben Sie Feedback zu diesem Artikel? Über den Inhalt? Kontaktieren Sie uns direkt. Alternativ, E-Mail Editorial-team (at) einfachwallst.com. Dieser Artikel von Simply Wall St ist allgemein in der Natur. Wir liefern Kommentare basierend auf historischen Daten und Analystenprognosen nur unter Verwendung einer unvoreingenommenen Methodik und unsere Artikel sind nicht als Finanzberatung gedacht. Es stellt keine Empfehlung dar, Aktien zu kaufen oder zu verkaufen, und berücksichtigt nicht Ihre Ziele oder Ihre finanzielle Situation. Wir wollen Ihnen langfristig fokussierte Analyse durch grundlegende Daten bringen. Beachten Sie, dass unsere Analyse möglicherweise nicht in den neuesten preisempfindlichen Unternehmensankündigungen oder qualitativen Material ausschlaggebend ist. Einfach Wand St hat keine Position in den genannten Beständen. Kommentare anzeigen
04.08.25 11:44:59 Taylor Wimpey (LON: TW.) Könnte das Risiko von Shrinking als Unternehmen sein
**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!** Was kann uns bei der Erforschung eines Investitionsbestands sagen, dass das Unternehmen im Rückgang ist? Der Rückgang der Unternehmen hat oft zwei zugrunde liegende Tendenzen, zum einen eine rückläufige Kapitalrendite (ROCE) und eine rückläufige Kapitalbasis. Im Grunde verdient das Unternehmen weniger Investitionen, und es reduziert auch seine gesamten Vermögenswerte. Nachdem wir Taylor Wimpey (LON:TW) eingesehen hatten, sahen die obigen Trends nicht zu toll aus. Diese Technologie könnte Computer ersetzen: Entdecken Sie die 20 Aktien arbeiten, um Quanten-Computing Realität zu machen. Was ist Return on Capital Employed (ROCE)? Nur um zu klären, ob Sie unsicher sind, ist ROCE eine Metrik, um zu bewerten, wie viel Vorsteuereinnahmen (in Prozentsätzen) ein Unternehmen verdient auf das in seinem Geschäft investierte Kapital. Um diese Metrik für Taylor Wimpey zu berechnen, ist dies die Formel: Return on Capital Employed = Ergebnis vor Zinsen und Steuern (EBIT) ÷ (Total Assets - Current Liabilities) 0,08 = £394m ÷ (UK£6.3b - UK£1.3b) (Auf der Grundlage der folgenden zwölf Monate bis Juni 2025). So hat Taylor Wimpey einen ROCE von 8,0%. Das ist allein eine geringe Zahl, aber es ist um den 9,0% Durchschnitt der Consumer Durables Industrie. Sehen Sie sich unsere neueste Analyse für Taylor Wimpey LSE:TW an. Kapitalrendite 4. August 2025 Oben können Sie sehen, wie der aktuelle ROCE für Taylor Wimpey mit seinen früheren Kapitalrenditen vergleicht, aber es gibt nur so viel, dass Sie aus der Vergangenheit sagen können. Wenn Sie interessiert sind, können Sie die Analysten Vorhersagen in unserem freeanalyst Bericht für Taylor Wimpey anzeigen. Was können wir von Taylor Wimpeys ROCE-Trend erzählen? Wir sind etwas besorgt über den Trend der Kapitalrendite bei Taylor Wimpey. Leider haben sich die Kapitalrendite von den 12 % verringert, die sie vor fünf Jahren verdienten. Darüber hinaus ist es erwähnenswert, dass die Kapitalmenge, die im Unternehmen beschäftigt ist, relativ stabil geblieben ist. Da die Renditen sinken und das Geschäft die gleiche Menge an Vermögenswerten beschäftigt, kann dies vorschlagen, dass es ein reifes Geschäft ist, das in den letzten fünf Jahren nicht viel Wachstum hatte. Weil diese Trends nicht in der Regel zur Schaffung eines Multibaggers förderlich sind, würden wir nicht unseren Atem auf Taylor Wimpey halten, wenn die Dinge so weitergehen, wie sie haben. Was wir von Taylor Wimpeys ROCE lernen können Zusammenfassend ist es bedauerlich, dass Taylor Wimpey niedrigere Renditen aus der gleichen Höhe des Kapitals generiert. Trotzdem hat die Aktie eine Rückkehr von 19% an die Aktionäre, die in den letzten fünf Jahren gehalten. Unabhängig davon, wir mögen die Trends nicht so, wie sie sind, und wenn sie fortbestehen, denken wir, Sie könnten bessere Investitionen anderswo finden. Geschichte geht weiter Eine letzte Anmerkung, Sie sollten über die 3 Warnzeichen lernen, die wir mit Taylor Wimpey entdeckt haben (einschließlich 1, die nicht zu gut bei uns sitzen) . Während Taylor Wimpey verdient nicht die höchste Rendite, überprüfen Sie diese Freelist von Unternehmen, die hohe Renditen auf Eigenkapital mit soliden Bilanzen verdienen. Haben Sie Feedback zu diesem Artikel? Über den Inhalt? Kontaktieren Sie uns direkt. Alternativ, E-Mail Editorial-team (at) einfachwallst.com. Dieser Artikel von Simply Wall St ist allgemein in der Natur. Wir liefern Kommentare basierend auf historischen Daten und Analystenprognosen nur unter Verwendung einer unvoreingenommenen Methodik und unsere Artikel sind nicht als Finanzberatung gedacht. Es stellt keine Empfehlung dar, Aktien zu kaufen oder zu verkaufen, und berücksichtigt nicht Ihre Ziele oder Ihre finanzielle Situation. Wir wollen Ihnen langfristig fokussierte Analyse durch grundlegende Daten bringen. Beachten Sie, dass unsere Analyse möglicherweise nicht in den neuesten preisempfindlichen Unternehmensankündigungen oder qualitativen Material ausschlaggebend ist. Einfach Wand St hat keine Position in den genannten Beständen. Kommentare anzeigen
30.07.25 12:24:14 Taylor Wimpey slumps to loss auf £222m Brandschutz getroffen
**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!** **Taylor Wimpey stürzt in Halb-Jahr-Verluste** Taylor Wimpey, ein britischer Hausbauer, hat einen halben Jahresverlust von £92.1 Mio. nach einer zusätzlichen Bereitstellung von £222.2 Mio. für Brandschutzmaßnahmen gemeldet. Dieser Rückgang ist im Wesentlichen auf die zusätzlichen Kosten der Beseitigung von Verkleidungen aus Hochhäusern nach der Brand Tragödie des Grenfell Tower zurückzuführen. Die Vorsteuerverluste des Unternehmens für die sechs Monate bis zum 29. Juni betragen £92.1 Millionen, verglichen mit £99,7 Millionen im Vorjahr. Dies entspricht einem Rückgang von 7,7% gegenüber dem Vorjahreszeitraum. **Finanzielle Auswirkungen** Die Finanzlage von Taylor Wimpey ist aufgrund verschiedener Kosten und Verbindlichkeiten immer komplexer geworden. Das Unternehmen hat eine unerwartete Gebühr von 20 Millionen Pfund für historische defekte Arbeit von einem ehemaligen Auftragnehmer, der zu seinen Gesamtkosten hinzugefügt hat. Darüber hinaus hat das Unternehmen 222,2 Mio. £ für Brandschutzmaßnahmen bereitgestellt, die die Gesamtrechnung weiter erhöhen werden. ** Industriekontext* Die Gesamtrechnung für die Umhüllungskosten in Großbritannien hat nun 550 Millionen Pfund erreicht, wobei große Hausbauer sich bereit erklärten, die Umhüllungsprobleme nach öffentlichem und politischem Druck zu beheben. Die Branche steht auch vor einer verstärkten regulatorischen Kontrolle, wobei die britische Wettbewerbs- und Marktaufsichtsbehörde (CMA) Bedenken hinsichtlich des Informationsaustauschs untersucht. **Market Reaction** Taylor Wimpeys Aktien fielen am Donnerstag nach den vorläufigen Ergebnissen des Unternehmens um 5%, was die Auswirkungen der Kosten hervorhob. Jennie Daly, CEO, betonte das Engagement des Unternehmens, die Sicherheit der Kunden zu gewährleisten und hat seine Brandschutzbestimmung erhöht, um aktuelle Ergebnisse und Untersuchungen zu reflektieren. **Ausschluss* * Taylor Wimpeys Halbjahresverlust unterstreicht die Komplexität und Herausforderungen der britischen Hausbauindustrie. Die Finanzlage des Unternehmens ist prekär, und die Branche steht vor einer erheblichen regulatorischen Kontrolle. Trotzdem ist der CEO des Unternehmens weiterhin verpflichtet, die Kundensicherheit zu gewährleisten und hat Schritte unternommen, um die von der CMA angesprochenen Bedenken zu lösen.
19.04.25 09:01:19 Should You Think About Buying Taylor Wimpey plc (LON:TW.) Now?
**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!** Taylor Wimpey plc (LON:TW.), is not the largest company out there, but it saw a decent share price growth of 11% on the LSE over the last few months. Shareholders may appreciate the recent price jump, but the company still has a way to go before reaching its yearly highs again. With many analysts covering the mid-cap stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price. However, could the stock still be trading at a relatively cheap price? Today we will analyse the most recent data on Taylor Wimpey’s outlook and valuation to see if the opportunity still exists. We've discovered 3 warning signs about Taylor Wimpey. View them for free. What's The Opportunity In Taylor Wimpey? According to our valuation model, Taylor Wimpey seems to be fairly priced at around 9.5% below our intrinsic value, which means if you buy Taylor Wimpey today, you’d be paying a reasonable price for it. And if you believe the company’s true value is £1.25, then there isn’t much room for the share price grow beyond what it’s currently trading. So, is there another chance to buy low in the future? Given that Taylor Wimpey’s share is fairly volatile (i.e. its price movements are magnified relative to the rest of the market) this could mean the price can sink lower, giving us an opportunity to buy later on. This is based on its high beta, which is a good indicator for share price volatility. See our latest analysis for Taylor Wimpey What does the future of Taylor Wimpey look like?LSE:TW. Earnings and Revenue Growth April 19th 2025 Future outlook is an important aspect when you’re looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Buying a great company with a robust outlook at a cheap price is always a good investment, so let’s also take a look at the company's future expectations. Taylor Wimpey's earnings over the next few years are expected to increase by 88%, indicating a highly optimistic future ahead. This should lead to more robust cash flows, feeding into a higher share value. What This Means For You Are you a shareholder? TW.’s optimistic future growth appears to have been factored into the current share price, with shares trading around its fair value. However, there are also other important factors which we haven’t considered today, such as the financial strength of the company. Have these factors changed since the last time you looked at the stock? Will you have enough conviction to buy should the price fluctuates below the true value? Are you a potential investor? If you’ve been keeping an eye on TW., now may not be the most advantageous time to buy, given it is trading around its fair value. However, the positive outlook is encouraging for the company, which means it’s worth further examining other factors such as the strength of its balance sheet, in order to take advantage of the next price drop. Story Continues If you'd like to know more about Taylor Wimpey as a business, it's important to be aware of any risks it's facing. To that end, you should learn about the 3 warning signs we've spotted with Taylor Wimpey (including 1 which is a bit concerning). If you are no longer interested in Taylor Wimpey, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. View Comments
02.04.25 05:51:43 Pulling back 5.0% this week, Taylor Wimpey's LON:TW.) three-year decline in earnings may be coming into investors focus
**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!** In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market index fund. But the risk of stock picking is that you will likely buy under-performing companies. Unfortunately, that's been the case for longer term Taylor Wimpey plc (LON:TW.) shareholders, since the share price is down 19% in the last three years, falling well short of the market return of around 14%. Shareholders have had an even rougher run lately, with the share price down 11% in the last 90 days. We note that the company has reported results fairly recently; and the market is hardly delighted. You can check out the latest numbers in our company report. After losing 5.0% this past week, it's worth investigating the company's fundamentals to see what we can infer from past performance. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. Taylor Wimpey saw its EPS decline at a compound rate of 26% per year, over the last three years. This fall in the EPS is worse than the 7% compound annual share price fall. This suggests that the market retains some optimism around long term earnings stability, despite past EPS declines. You can see how EPS has changed over time in the image below (click on the chart to see the exact values).LSE:TW. Earnings Per Share Growth April 2nd 2025 It might be well worthwhile taking a look at our freereport on Taylor Wimpey's earnings, revenue and cash flow. What About Dividends? When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. As it happens, Taylor Wimpey's TSR for the last 3 years was 3.3%, which exceeds the share price return mentioned earlier. This is largely a result of its dividend payments! A Different Perspective Taylor Wimpey shareholders are down 12% for the year (even including dividends), but the market itself is up 10.0%. Even the share prices of good stocks drop sometimes, but we want to see improvements in the fundamental metrics of a business, before getting too interested. On the bright side, long term shareholders have made money, with a gain of 3% per year over half a decade. If the fundamental data continues to indicate long term sustainable growth, the current sell-off could be an opportunity worth considering. It's always interesting to track share price performance over the longer term. But to understand Taylor Wimpey better, we need to consider many other factors. For instance, we've identified 3 warning signs for Taylor Wimpey (1 doesn't sit too well with us) that you should be aware of. Story Continues If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this freelist of companies that have proven they can grow earnings. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on British exchanges. Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. View Comments
02.04.25 04:00:00 Britain’s soaring population needs houses. Buy this company yielding 8pc
**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!** Taylor Wimpey house front face Questor is The Telegraph’s stockpicking column, helping you decode the markets and offering insights on where to invest. Although it is extremely difficult for any investor to look beyond the present economic difficulties – anaemic GDP growth, sticky inflation and elevated interest rates – history suggests that today’s woes will almost certainly prove to be temporary. Indeed, investors often overlook the fact that the economy is cyclical. Just as booms do not endure, busts have never proved to be perpetual. Investors who are able to use the inherent peaks and troughs of the economy’s performance to their advantage are likely to benefit over the long run. Today’s downbeat near-term economic outlook is extremely likely to give way to more upbeat conditions over the long run. That means buying high-quality companies at low prices could prove to be a shrewd move. For example, FTSE 100 housebuilder Taylor Wimpey currently trades on a price-to-book ratio of around 0.9 after falling by 34pc over the past six months. This suggests it offers excellent value for money and, while the company could yet experience further difficulties in the short term, its operating environment is highly likely to materially improve over the coming years. Inflation, for instance, is forecast to decline to the Bank of England’s 2pc target over the medium term. This should allow the central bank to further loosen monetary policy, making houses much more affordable for prospective buyers. Alongside the positive impact on wage growth and economic expansion typically caused by monetary policy easing, this should prompt higher demand for new homes and an increasingly upbeat outlook for the firm’s bottom line. Allied to this, the UK continues to have a chronic shortage of new homes. The most recent data shows that new housing starts in the year to September 2024 amounted to just over 124,000. Although the Government is seeking to boost the number of new homes built in the UK, even a material rise is unlikely to keep pace with population growth. Indeed, the UK’s population is forecast to rise by 490,000 people per year between 2022 and 2032. Taylor Wimpey is well placed to capitalise on an increasingly buoyant industry outlook via a land bank that consists of 79,000 plots. It also has the financial means to invest for long-term growth, while overcoming the present period of economic uncertainty. Its latest annual results, released in February, showed that its net cash position currently stands at roughly £565m. Certainly, the firm’s broader financial performance remained disappointing amid a tough operating environment. Story Continues A 2pc decline in completions, for example, contributed to a 3pc drop in revenue versus the prior year. And with its operating profit margin falling by 1.2 percentage points to 12.2pc, due in part to rising costs, the company’s earnings per share slumped by over 15pc year on year. In the short run, a 6.7pc rise in the minimum wage and increasing employer National Insurance contributions could further weigh on the firm’s financial performance. So, too, could costs related to fire safety that amounted to an additional £69m provision during its latest financial year. Meanwhile, increases to stamp duty that took effect yesterday may further negatively affect the wider housebuilding industry in the near term. Over the long-term, though, Taylor Wimpey continues to offer a favourable risk/reward opportunity. As well as scope for significant capital growth, a dividend yield of 8.7pc suggests it remains a highly attractive income prospect. And with it planning to pay annual dividends amounting to 7.5pc of net assets, or at least £250m, over the coming years, shareholder payouts should grow as the firm becomes increasingly profitable. Yes, the company’s shares have proved to be a thorough disappointment since first being tipped in this column during October 2018. They have fallen by 32pc, thereby underperforming the FTSE 100 index by 51 percentage points. The share price has also declined by 29pc since being added to our income portfolio in June last year. Questor, though, remains upbeat about Taylor Wimpey’s investment potential. It has the financial means and market position to capitalise on an improving industry outlook, with an eventual fall in inflation set to provide scope for monetary policy easing that boosts demand for new homes amid continued constrained supply. Furthermore, the company trades on a low valuation that suggests investors have factored in its tough near-term outlook. As a result, it remains a worthwhile purchase on a long-term view. Questor says: buy Ticker: TW Share price at close: 108.3p Read the latest Questor column on telegraph.co.uk every weekday at 5am. Read Questor’s rules of investment before you follow our tips. View Comments
19.03.25 05:13:34 Taylor Wimpey (LON:TW.) Will Pay A Smaller Dividend Than Last Year
**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!** Taylor Wimpey plc (LON:TW.) has announced that on 9th of May, it will be paying a dividend of£0.0466, which a reduction from last year's comparable dividend. The dividend yield of 8.2% is still a nice boost to shareholder returns, despite the cut. Check out our latest analysis for Taylor Wimpey Taylor Wimpey's Projected Earnings Seem Likely To Cover Future Distributions While it is great to have a strong dividend yield, we should also consider whether the payment is sustainable. Before making this announcement, the company's dividend was much higher than its earnings. This situation certainly isn't ideal, and could place significant strain on the balance sheet if it continues. Earnings per share is forecast to rise by 89.7% over the next year. If recent patterns in the dividend continues, the payout ratio in 12 months could be 94% which is a bit high but can definitely be sustainable.LSE:TW. Historic Dividend March 19th 2025 This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Dividend Volatility While the company has been paying a dividend for a long time, it has cut the dividend at least once in the last 10 years. The annual payment during the last 10 years was £0.0156 in 2015, and the most recent fiscal year payment was £0.0946. This means that it has been growing its distributions at 20% per annum over that time. It is great to see strong growth in the dividend payments, but cuts are concerning as it may indicate the payout policy is too ambitious. Dividend Growth Potential Is Shaky With a relatively unstable dividend, it's even more important to see if earnings per share is growing. Over the past five years, it looks as though Taylor Wimpey's EPS has declined at around 21% a year. Such rapid declines definitely have the potential to constrain dividend payments if the trend continues into the future. On the bright side, earnings are predicted to gain some ground over the next year, but until this turns into a pattern we wouldn't be feeling too comfortable. Taylor Wimpey's Dividend Doesn't Look Great Overall, the dividend looks like it may have been a bit high, which explains why it has now been cut. The company seems to be stretching itself a bit to make such big payments, but it doesn't appear they can be consistent over time. Overall, this doesn't get us very excited from an income standpoint. It's important to note that companies having a consistent dividend policy will generate greater investor confidence than those having an erratic one. Still, investors need to consider a host of other factors, apart from dividend payments, when analysing a company. For example, we've identified 3 warning signs for Taylor Wimpey (1 is a bit concerning!) that you should be aware of before investing. If you are a dividend investor, you might also want to look at our curated list of high yield dividend stocks. Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. View Comments
18.03.25 13:15:41 First-time buyer mortgage sales in the UK at lowest level in a decade
**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!** Mortgage sales for first-time buyers in the UK have reached their lowest point in over a decade, with new data revealing that 2023 marked the fewest first-time buyer mortgages since 2013. The Office for National Statistics (ONS) analysed data from the Financial Conduct Authority (FCA) and found 282,000 new first-time buyer mortgages in 2023 – down from the peak of 394,000 in 2021. This drop comes after a period of strong growth in the early 2010s, when first-time buyer mortgages steadily increased following the 2008 global financial crisis. In 2023, first-time buyer mortgages accounted for 38.4% of all residential property sales, up from 28% a decade earlier. The surge in first-time buyer activity following the 2008 crash was followed by a major dip during the pandemic. In 2020, the number of first-time buyer mortgages fell to just 297,000, amid lockdown restrictions and economic uncertainty. However, the following year saw a rebound, with 2021 reaching the highest number of new mortgages in recent years, largely driven by the temporary stamp duty holiday, which ran from June 2020 to July 2021. Read more:Bank of England poised to hold UK interest rates amid Trump trade war Since 2021, though, the trend has reversed, with sales dropping by nearly 30% between 2021 and 2023, landing at 282,000 – a figure not seen since 2013. Despite this, the proportion of first-time buyers relative to overall housing sales has continued to rise steadily. Between 2006 and 2008, fewer than a quarter of residential sales were made up of first-time buyer mortgages. This figure grew to around one-third (33.8%) by 2018, and by 2023, it had reached 38.4%. This shift is largely due to a faster decline in overall housing sales between 2021 and 2023 (-39.8%) compared to the fall in first-time buyer mortgage sales (-28.6%). London no longer the top location for first-time buyers Once the dominant region for first-time buyer mortgages, the capital now accounts for just 12.7% of all sales, down from 16.8% over a decade ago. Back in 2013, the areas with the highest rates of first-time buyer mortgages were all in London. In particular, Lambeth, Tower Hamlets, and Wandsworth led the pack. However, these areas have seen some of the largest falls in first-time buyer mortgage rates over the last decade, with Lambeth and Tower Hamlets both experiencing declines of over 30%. Read more:Best UK mortgage deals of the week Richard Donnell, executive director at Zoopla, said: “First-time buyers struggle where the cost of buying a home is the greatest, increasing the need for a larger deposit and a higher income to buy. First-time buyers face the biggest challenges in London where sales have fallen according to latest ONS data. The average household income of a first-time buyer in London is £100,000 and the average deposit required is £150,000 (ONS)." Story Continues He added that rising house prices, higher mortgage rates, and stricter mortgage regulations have made it more challenging for first-time buyers, particularly in southern England, and suggested that easing mortgage regulations could help reduce pressure on the rental market. Toby Leek, president of NAEA Propertymark, warned that many first-time buyers are being “priced out of cities” – particularly in London, where the dream of homeownership is slipping further out of reach for younger buyers. “Many first-time buyers are being priced out of cities, especially throughout London where they have grown up or have a desire to nest themselves,” Leek said. He pointed out that the average age of a first-time buyer has risen to 33.5 years, and the amount needed for a deposit is now averaging £50,000. “With the amount of money needed for a deposit continuing to rise, many people may find their homeownership aspirations hard to achieve.” While London’s share of first-time buyer mortgages continues to shrink, the South East of England has emerged as the region with the highest share of new homeowner sales in 2023, accounting for 13.8% of the market. Read more: Average UK house prices dip in February Across the UK, many areas have seen marked growth in the number of first-time buyer mortgages. In 2023, Dartford in the South East saw the highest rate of first-time buyer mortgages, with 20.2 sales per 1,000 dwellings, followed by Harlow in the East of England (16.3 per 1,000) and Nuneaton and Bedworth in the West Midlands (15.5 per 1,000). These areas also experienced some of the fastest growth rates in the decade leading up to 2023, with Harlow, Nuneaton and Bedworth, and Dartford all seeing increases of more than 30%. In Scotland, Wales, and Northern Ireland, first-time buyer mortgage sales are seeing faster growth, especially in rural and suburban areas. In Scotland, areas like South Lanarkshire, North and South Ayrshire, and West Dunbartonshire have seen growth rates above 35%. Metropolitan regions like Dundee, Glasgow and Edinburgh have had slower increases in first-time buyer activity, suggesting a growing disparity between urban and rural markets. Similarly, in Wales, regions like Newport and Torfaen have reported the strongest growth in first-time buyer sales, with rates increasing by more than 40% since 2013. Meanwhile, Cardiff, which had the highest rate of first-time buyer mortgages in 2013, has seen more modest growth, up just 8.6% over the past decade. In Northern Ireland, Belfast has seen solid growth, with the highest increase among devolved capitals, rising 27.9% from 2013 to 2023. However, Antrim and Newtownabbey have seen even higher growth rates of 37.7%. The trend of rising first-time buyer mortgage sales in rural areas and regions outside of major cities suggests that while the path to homeownership may be narrowing in traditional hotspots like London, opportunities are emerging in more affordable markets across the UK. Mark Eaton, chief operating officer at longer-term fixed rate lender April Mortgages, said: "“Getting on the property ladder in the capital is almost impossible on your own and most joint mortgage applicants still require huge deposits. “Our own research shows that a couple earning an average salary in the capital would need a deposit of over £200,000 to buy a home in nearly half of all London boroughs. “One solution is longer-term mortgages of 10-years or more, which reduce monthly repayments and help borrowers qualify for larger loan amounts. This could improve affordability and enable more first-time buyers to purchase in high-cost areas, but it won't fix the problem on its own. “The strongest first-time buyer activity is now outside London, particularly in the North East and Northern Ireland, where property remains more affordable.” Read more How renters can save up to buy their first home HSBC launches sub-4% fixed mortgage rate Most affordable places for single people to buy a UK home revealed Download the Yahoo Finance app, available for Apple and Android. View Comments
14.03.25 08:51:51 An Intrinsic Calculation For Taylor Wimpey plc (LON:TW.) Suggests It's 40% Undervalued
**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!** Key Insights Taylor Wimpey's estimated fair value is UK£1.85 based on 2 Stage Free Cash Flow to Equity Taylor Wimpey is estimated to be 40% undervalued based on current share price of UK£1.11 Our fair value estimate is 26% higher than Taylor Wimpey's analyst price target of UK£1.47 Does the March share price for Taylor Wimpey plc (LON:TW.) reflect what it's really worth? Today, we will estimate the stock's intrinsic value by projecting its future cash flows and then discounting them to today's value. The Discounted Cash Flow (DCF) model is the tool we will apply to do this. Believe it or not, it's not too difficult to follow, as you'll see from our example! We generally believe that a company's value is the present value of all of the cash it will generate in the future. However, a DCF is just one valuation metric among many, and it is not without flaws. For those who are keen learners of equity analysis, the Simply Wall St analysis model here may be something of interest to you. Check out our latest analysis for Taylor Wimpey The Model We use what is known as a 2-stage model, which simply means we have two different periods of growth rates for the company's cash flows. Generally the first stage is higher growth, and the second stage is a lower growth phase. In the first stage we need to estimate the cash flows to the business over the next ten years. Where possible we use analyst estimates, but when these aren't available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years. A DCF is all about the idea that a dollar in the future is less valuable than a dollar today, so we need to discount the sum of these future cash flows to arrive at a present value estimate: 10-year free cash flow (FCF) forecast 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Levered FCF (£, Millions) UK£185.2m UK£313.6m UK£328.9m UK£390.0m UK£435.3m UK£473.7m UK£506.3m UK£534.1m UK£558.4m UK£579.9m Growth Rate Estimate Source Analyst x6 Analyst x8 Analyst x7 Analyst x2 Est @ 11.62% Est @ 8.83% Est @ 6.87% Est @ 5.50% Est @ 4.54% Est @ 3.87% Present Value (£, Millions) Discounted @ 8.8% UK£170 UK£265 UK£255 UK£278 UK£286 UK£286 UK£281 UK£272 UK£262 UK£250 ("Est" = FCF growth rate estimated by Simply Wall St) Present Value of 10-year Cash Flow (PVCF) = UK£2.6b Story Continues We now need to calculate the Terminal Value, which accounts for all the future cash flows after this ten year period. The Gordon Growth formula is used to calculate Terminal Value at a future annual growth rate equal to the 5-year average of the 10-year government bond yield of 2.3%. We discount the terminal cash flows to today's value at a cost of equity of 8.8%. Terminal Value (TV)= FCF2034 × (1 + g) ÷ (r – g) = UK£580m× (1 + 2.3%) ÷ (8.8%– 2.3%) = UK£9.1b Present Value of Terminal Value (PVTV)= TV / (1 + r)10= UK£9.1b÷ ( 1 + 8.8%)10= UK£3.9b The total value is the sum of cash flows for the next ten years plus the discounted terminal value, which results in the Total Equity Value, which in this case is UK£6.5b. The last step is to then divide the equity value by the number of shares outstanding. Compared to the current share price of UK£1.1, the company appears quite good value at a 40% discount to where the stock price trades currently. The assumptions in any calculation have a big impact on the valuation, so it is better to view this as a rough estimate, not precise down to the last cent.LSE:TW. Discounted Cash Flow March 14th 2025 The Assumptions We would point out that the most important inputs to a discounted cash flow are the discount rate and of course the actual cash flows. You don't have to agree with these inputs, I recommend redoing the calculations yourself and playing with them. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at Taylor Wimpey as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 8.8%, which is based on a levered beta of 1.265. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business. SWOT Analysis for Taylor Wimpey Strength Debt is not viewed as a risk. Dividend is in the top 25% of dividend payers in the market. Weakness Earnings declined over the past year. Opportunity Annual earnings are forecast to grow faster than the British market. Good value based on P/E ratio and estimated fair value. Threat Dividends are not covered by earnings and cashflows. Revenue is forecast to grow slower than 20% per year. Looking Ahead: Whilst important, the DCF calculation shouldn't be the only metric you look at when researching a company. It's not possible to obtain a foolproof valuation with a DCF model. Rather it should be seen as a guide to "what assumptions need to be true for this stock to be under/overvalued?" For instance, if the terminal value growth rate is adjusted slightly, it can dramatically alter the overall result. Can we work out why the company is trading at a discount to intrinsic value? For Taylor Wimpey, there are three further factors you should assess: Risks: Take risks, for example - Taylor Wimpey has 3 warning signs (and 1 which is a bit unpleasant) we think you should know about. Future Earnings: How does TW.'s growth rate compare to its peers and the wider market? Dig deeper into the analyst consensus number for the upcoming years by interacting with our free analyst growth expectation chart. Other High Quality Alternatives: Do you like a good all-rounder? Explore our interactive list of high quality stocks to get an idea of what else is out there you may be missing! PS. Simply Wall St updates its DCF calculation for every British stock every day, so if you want to find the intrinsic value of any other stock just search here. Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. View Comments
19.02.25 06:00:21 Four in five homebuyers to pay more stamp duty from April
**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!** The cost of buying a home in the UK will rise for most homebuyers from April, with new analysis revealing that four in five homeowners England and Northern Ireland will pay more stamp duty. The 2% rate between £125,000 and £250,000 will return in April, in a blow to the UK property market. Currently, only 49% of homeowners are liable for stamp duty, but this proportion will surge to 83% once the revised rules take effect. As a result, many will face a higher stamp duty burden, amounting to an extra £2,500 on purchases that cost between £125,000 and £250,000. The changes will generate an additional £1.1bn annually for the government, according to property site Zoopla. Read more: Homeowners hit with £243 monthly rise at end of fixed-rate mortgages Only 17% will remain exempt from stamp duty after the changes, which will impact homeowners purchasing properties over £250,000. The changes will have different effects regionally, with the West Midlands seeing the largest increase, with the number of homeowners liable for stamp duty surging by 66%, followed by the East Midlands (55%) and the North West (50%). The impact will vary across the UK. In the North East just 7% of homeowners currently pay stamp duty, but this will rise to 40% from April. Meanwhile, homeowners in London face the highest stamp duty rates, with 97% of sales expected to be subject to the tax by April. The regions most affected by the return of the 2% band are the South West and Eastern England, where the percentage of sales paying stamp duty will increase by 41% and 21% respectively. First-time buyers will also see an increase in the proportion liable for stamp duty. Under current rules, 21% of first-time buyers pay stamp duty. However, by April 2025, this will double to 42%, with the increase most acutely felt by those purchasing homes in London and the South East. Purchases between £300,000 and £625,000 will see an increase in tax liability, with costs of up to £15,000 per purchase. Buying at £350,000 will cost £2,500 per purchase, up from £0 today. Buying a £500,000 home will cost £10,000 in stamp duty, up from £3,750 today and buying at £550,000 will jump from £6,250 to £15,000. Read more: Average UK house price rises to almost £368,000 Yet, 58% of first-time buyers will remain exempt from stamp duty on purchases of homes priced under £300,000, benefiting those buying in areas with lower property values, such as the North East and North West. The number of first-time buyers liable to pay stamp duty will be the lowest in the North East (2%), Yorkshire and the Humber (3%), Northern Ireland (5%) and the North West (5%). Story Continues Richard Donnell, executive director at Zoopla, said: “Stamp duty has become a big source of tax revenue, approaching £10bn a year for the government. The reduction in tax reliefs from April will see more homebuyers paying stamp duty.” Donnell added: “Existing homeowners will pay up to £2,500 more for each purchase across a large number of sales. The average seller has made £60,000 in capital gains, so there is flexibility to absorb this cost, but buyers will expect to factor this extra cost into what they offer. “It’s positive that most first-time buyers will still pay no stamp duty from April, but these changes hit those buying over £300,000 in southern England the hardest, where buying costs are already high. This will reduce buying power and market activity at a local level.” Read more: How to complete on a property before stamp duty deadline in March He also warned that stamp duty continues to be a major tax burden, particularly in southern England, where affordability challenges are already pressing. “The case for reforming stamp duty remains, but the question is where to replace the multi-billion-pound tax revenues,” Donnell said. Stamp duty applies in England and Northern Ireland. In Scotland — where the tax is referred to as land and buildings transaction tax — buyers are required to pay if the property's value is above £145,000, or over £175,000 for first-time buyers. In Wales, the stamp duty, known as transaction tax, applies to properties valued over £225,000. Read more: How to check your home’s Energy Performance Certificate 7 property planning trends of 2025 How to negotiate house prices Download the Yahoo Finance app, available for Apple and Android. Download the Yahoo Finance app, available for Apple and Android. View Comments