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Galliford Try
(LSE:GFRD)
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Rating:77Outperform
Price Target:
735.00 p
▲(17.04% Upside)
Action:Reiterated
Date:09/18/26
The score is driven primarily by improving financial performance, especially strong cash-flow quality and strengthening profitability trends, supported by moderate leverage. Technicals are constructive given the price above major moving averages, but mixed momentum (negative MACD) tempers the outlook. Valuation appears reasonable with a supportive dividend yield, but not exceptionally cheap.
Positive Factors
Improving scale and profitability
Strong multi-year revenue growth alongside expanding gross margins shows improving scale and project economics. The progression from low-margin performance toward stronger operating and net profitability can support more durable earnings capacity, provided execution remains consistent across the contract portfolio.
Negative Factors
Structurally thin margins
Despite meaningful improvement, operating and net margins remain thin for the overall period. Limited margin headroom means relatively modest execution or cost pressures could materially affect profit, making sustainable earnings dependent on disciplined bidding, delivery, and cost control.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving scale and profitability
Strong multi-year revenue growth alongside expanding gross margins shows improving scale and project economics. The progression from low-margin performance toward stronger operating and net profitability can support more durable earnings capacity, provided execution remains consistent across the contract portfolio.
Read all positive factors
Galliford Try (GFRD) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£688.37M
Dividend Yield2.86%
Average Volume (3M)384.59K
Price to Earnings (P/E)17.1
Beta (1Y)0.62
Revenue Growth2.98%
EPS Growth23.40%
CountryUK
Employees4,300
SectorIndustrials
Sector Strength72
IndustryEngineering & Construction
Share Statistics
EPS (TTM)0.41
Shares Outstanding100,463,070
10 Day Avg. Volume448,619
30 Day Avg. Volume384,591
Financial Highlights & Ratios
PEG Ratio0.53
Price to Book (P/B)3.85
Price to Sales (P/S)0.27
P/FCF Ratio6.44
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
£765.25Price Target Upside21.86% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)0.48
Revenue Forecast (FY)£2.03B
Galliford Try Business Overview & Revenue Model
Company Description
Galliford Try Holdings PLC is a significant construction group operating throughout the United Kingdom. The company organizes its operations into three primary divisions: Building, Infrastructure, and Public-Private Partnership (PPP) Investments. ...
How the Company Makes Money
Galliford Try makes money primarily by contracting to design, build, and/or deliver construction and infrastructure projects for customers and recognizing revenue as it satisfies performance obligations under those contracts. Its core revenue stre...
Galliford Try Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
74
Positive
Cash Flow
82
Very Positive
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.93B | 1.88B | 1.77B | 1.39B | 1.24B |
| Gross Profit | 174.20M | 151.50M | 131.40M | 97.90M | 83.00M |
| EBITDA | 74.10M | 72.00M | 55.00M | 29.00M | 21.30M |
| Net Income | 41.20M | 33.60M | 36.20M | 9.10M | 6.30M |
Balance Sheet | |||||
| Total Assets | 856.60M | 833.60M | 820.80M | 713.80M | 657.00M |
| Cash, Cash Equivalents and Short-Term Investments | 259.00M | 237.60M | 227.00M | 220.20M | 218.90M |
| Total Debt | 47.80M | 53.80M | 53.00M | 39.10M | 24.80M |
| Total Liabilities | 721.40M | 711.50M | 698.40M | 595.20M | 524.90M |
| Stockholders Equity | 135.20M | 122.10M | 122.40M | 118.60M | 132.10M |
Cash Flow | |||||
| Free Cash Flow | 80.80M | 63.30M | 55.20M | 33.60M | 18.10M |
| Operating Cash Flow | 82.00M | 65.70M | 56.20M | 35.80M | 23.10M |
| Investing Cash Flow | -3.60M | -5.30M | -1.30M | 1.10M | 500.00K |
| Financing Cash Flow | -57.00M | -49.80M | -48.10M | -35.60M | -20.90M |
Galliford Try Technical Analysis
Positive
628.00
Price Trends
652.52
Positive
609.89
Positive
568.34
Positive
Market Momentum
9.27
Positive
59.96
Neutral
86.62
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:GFRD, the sentiment is Positive. The current price of 628 is below the 20-day moving average (MA) of 686.30, below the 50-day MA of 652.52, and above the 200-day MA of 568.34, indicating a bullish trend. The MACD of 9.27 indicates Positive momentum. The RSI at 59.96 is Neutral, neither overbought nor oversold. The STOCH value of 86.62 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:GFRD.
Galliford Try Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | £4.01B | 16.21 | 22.88% | 1.70% | 12.13% | 47.64% | |
77 Outperform | £688.37M | 17.07 | 32.45% | 3.34% | 2.98% | 23.40% | |
75 Outperform | £677.12M | 18.00 | 14.73% | 2.00% | -6.49% | 22.41% | |
73 Outperform | £2.11B | 14.05 | 24.09% | 2.56% | 9.58% | 14.74% | |
68 Neutral | £1.91B | 10.03 | 24.83% | 4.04% | 10.84% | 24.56% | |
65 Neutral | £1.31B | 22.92 | 11.95% | 2.50% | 6.75% | 11.01% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
* Industrials Sector Average
GB:GFRD
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Galliford Try Corporate Events
Business Operations and StrategyStock Buyback
Galliford Try Launches £15m Share Buyback to Cut Capital and Return Cash
Positive
Sep 17, 2026
Galliford Try Holdings plc has launched a new share buyback programme of up to £15 million, marking its fourth such initiative in recent years after returning £35 million across three previous programmes. The buyback, intended to reduce ...
Business Operations and StrategyStock BuybackDividendsFinancial DisclosuresM&A Transactions
Galliford Try Delivers Strong FY26 Results and Boosts Shareholder Returns
Positive
Sep 17, 2026
Galliford Try reported its sixth consecutive year of growth, with revenue up 3% to £1.93bn and adjusted profit before tax rising 24.2% to £55.9m, driven by strong performance in highways and environmental work and disciplined contract se...
Business Operations and Strategy
Galliford Try Wins £110m River Mease Water Infrastructure Contract
Positive
Sep 3, 2026
Galliford Try’s Environment business has secured a £110 million contract from Severn Trent Water to deliver the River Mease Improvement project, a major water infrastructure scheme in the Midlands. The work, driven by Water Industry Nat...
Regulatory Filings and Compliance
Galliford Try Confirms Updated Share Capital and Voting Rights
Neutral
Sep 1, 2026
Galliford Try Holdings plc has confirmed that its issued share capital as of 28 August 2026 comprises 100,941,333 ordinary shares of 50 pence each, all of which carry one voting right and none of which are held in treasury. The company stated that...
Regulatory Filings and Compliance
Galliford Try Confirms Share Capital and Voting Rights Structure
Neutral
Jul 31, 2026
Galliford Try Holdings plc has confirmed that its issued share capital as at 31 December 2025 comprised 100,916,208 ordinary shares of 50 pence each, with every share carrying one voting right. The company holds no shares in treasury, meaning the ...
Business Operations and Strategy
Galliford Try wins place on £9.5bn CPC public sector framework
Positive
Jul 21, 2026
Galliford Try has secured a place on the new £9.5 billion Crescent Purchasing Consortium Construction and Capital Works framework, covering all five regional lots across England, Wales and Scotland. The long-term framework, with a maximum dur...
Business Operations and StrategyStock BuybackDividendsFinancial DisclosuresM&A Transactions
Galliford Try Delivers Strong Year as Order Book and Cash Grow
Positive
Jul 15, 2026
Galliford Try reported that momentum from the first half of the year carried into the second, and it expects a sixth consecutive year of revenue, profit and cash growth, with full-year revenue up around 3% and adjusted pre-tax profit at the top en...
Business Operations and Strategy
Galliford Try Wins Place on £1.5bn YORbuild Major Works Framework
Positive
Jul 8, 2026
Galliford Try has secured a place on the £1.5bn YORbuild Major Works 2 regional framework for a four-year term, covering major public sector building projects over £10m and £30m. The appointment strengthens the group’s access ...
Regulatory Filings and Compliance
Galliford Try Confirms Share Capital and Total Voting Rights
Neutral
Jul 1, 2026
Galliford Try Holdings has confirmed that its issued share capital at 30 June 2026 comprised 100,872,031 ordinary shares of 50 pence each, all of which carry one vote and with no shares held in treasury. This establishes the company’s total ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.