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MJ Gleeson PLC
(LSE:GLE)
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Rating:59Neutral
Price Target:
305.00 p
▲(9.32% Upside)
Action:Reiterated
Date:09/29/26
The score is anchored by solid financial stability from a low-debt balance sheet, but is held back by severe margin compression and a swing to a net loss, alongside historically uneven cash generation. Technicals remain cautious with negative momentum indicators and the price still below the 200-day average. Valuation is mixed: an attractive dividend yield is offset by loss-making earnings (negative P/E).
Positive Factors
Low leverage
Very low leverage and a substantial equity base give MJ Gleeson financial resilience through housing-cycle volatility. The conservative capital structure preserves flexibility to fund land and development activity, absorb weaker trading conditions, and avoid excessive interest burdens while profitability is rebuilt.
Negative Factors
Severe margin compression
The sharp and sustained decline in gross margin signals materially weaker profitability per home or land transaction. It reduces the benefit of revenue growth, limits reinvestment capacity, and suggests pricing and cost pressures could remain a major constraint on earnings recovery over coming quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage
Very low leverage and a substantial equity base give MJ Gleeson financial resilience through housing-cycle volatility. The conservative capital structure preserves flexibility to fund land and development activity, absorb weaker trading conditions, and avoid excessive interest burdens while profitability is rebuilt.
Read all positive factors
MJ Gleeson PLC (GLE) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£162.76M
Dividend Yield1.79%
Average Volume (3M)92.90K
Price to Earnings (P/E)―
Beta (1Y)0.80
Revenue Growth12.09%
EPS Growth-112.25%
CountryUK
Employees665
SectorConsumer Cyclical
Sector Strength84
IndustryResidential Construction
Share Statistics
EPS (TTM)-0.03
Shares Outstanding58,428,127
10 Day Avg. Volume75,095
30 Day Avg. Volume92,904
Financial Highlights & Ratios
PEG Ratio0.66
Price to Book (P/B)0.48
Price to Sales (P/S)0.35
P/FCF Ratio21.24
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
£252.50Price Target Upside-9.50% Downside
Rating ConsensusHold
Number of Analyst Covering2
EPS Forecast (FY)0.22
Revenue Forecast (FY)£429.87M
MJ Gleeson PLC Business Overview & Revenue Model
Company Description
MJ Gleeson plc is a United Kingdom-based enterprise primarily involved in the construction of affordable housing and the strategic development and sale of land. The company's activities are organized into two principal segments: Gleeson Homes and ...
How the Company Makes Money
MJ Gleeson plc makes money primarily by developing and selling new-build homes through its Gleeson Homes division. Revenue is recognized from the sale of completed residential properties to private buyers (and, where applicable, other purchaser ty...
MJ Gleeson PLC Financial Statement Overview
Summary
Income Statement
44
Neutral
Balance Sheet
82
Very Positive
Cash Flow
55
Neutral
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 410.03M | 365.82M | 345.35M | 328.32M | 373.41M |
| Gross Profit | 66.25M | 83.17M | 84.53M | 90.09M | 97.79M |
| EBITDA | 20.18M | 29.65M | 33.12M | 36.67M | 47.18M |
| Net Income | -1.94M | 15.82M | 19.31M | 24.17M | 35.09M |
Balance Sheet | |||||
| Total Assets | 452.77M | 419.37M | 378.05M | 376.33M | 367.56M |
| Cash, Cash Equivalents and Short-Term Investments | 7.44M | 6.49M | 12.93M | 5.16M | 33.76M |
| Total Debt | 10.00M | 7.27M | 5.08M | 5.14M | 3.01M |
| Total Liabilities | 152.98M | 111.71M | 80.31M | 90.31M | 95.38M |
| Stockholders Equity | 299.79M | 307.67M | 297.74M | 286.02M | 272.18M |
Cash Flow | |||||
| Free Cash Flow | 6.75M | -5.99M | 15.95M | -18.86M | 8.15M |
| Operating Cash Flow | 10.57M | -3.95M | 17.99M | -14.42M | 11.84M |
| Investing Cash Flow | -3.79M | -1.72M | -1.33M | -3.15M | -2.10M |
| Financing Cash Flow | -3.56M | -3.04M | -8.88M | -11.03M | -10.30M |
MJ Gleeson PLC Technical Analysis
Neutral
279.00
Price Trends
268.88
Positive
263.68
Positive
278.80
Positive
Market Momentum
5.44
Negative
51.05
Neutral
30.08
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:GLE, the sentiment is Neutral. The current price of 279 is above the 20-day moving average (MA) of 278.55, above the 50-day MA of 268.88, and above the 200-day MA of 278.80, indicating a bullish trend. The MACD of 5.44 indicates Negative momentum. The RSI at 51.05 is Neutral, neither overbought nor oversold. The STOCH value of 30.08 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GB:GLE.
MJ Gleeson PLC Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | £134.24M | 14.22 | 5.37% | 1.78% | -13.14% | -33.31% | |
64 Neutral | £2.43B | 13.13 | 5.49% | 3.28% | 13.63% | 25.11% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
59 Neutral | £162.76M | -84.04 | -0.64% | 1.79% | 12.09% | -112.25% | |
55 Neutral | £827.68M | -1.65 | -16.57% | 7.03% | -7.99% | -5071.71% | |
49 Neutral | £162.80M | -5.40 | -4.32% | 4.89% | -8.41% | 58.66% | |
44 Neutral | £38.54M | -4.46 | -6.89% | 9.32% | -20.73% | -2133.33% |
* Consumer Cyclical Sector Average
GB:GLE
MJ Gleeson PLC
279.00
-81.33
-22.57%
GB:BWY
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2,192.00
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GB:VTY
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GB:WJG
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GB:SPR
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2.97
2.71%
MJ Gleeson PLC Corporate Events
Business Operations and StrategyDividendsFinancial Disclosures
MJ Gleeson tightens dividend as Project Transform reshapes business amid subdued housing market
Negative
Sep 15, 2026
MJ Gleeson plc, through its Gleeson Homes and Gleeson Land divisions, concentrates on building affordable, traditional brick homes across the Midlands and North of England while promoting residential land for developers. Its social purpose is embe...
Business Operations and StrategyFinancial Disclosures
MJ Gleeson to Unveil FY2026 Results in Live Retail Investor Webinar
Positive
Sep 14, 2026
MJ Gleeson PLC has announced that chief executive Graham Prothero and chief financial officer Stefan Allanson will present the company’s full-year 2026 results in a live retail investor webinar on the Engage Investor platform. The session, s...
Regulatory Filings and Compliance
MJ Gleeson Executives Buy Shares Through HMRC-Approved Employee Scheme
Positive
Sep 9, 2026
MJ Gleeson plc has disclosed that its chief executive officer, chief financial officer and company secretary acquired small amounts of ordinary shares via a Profit Sharing Employee Share Ownership Scheme on 7 September, at a price of £2.65 pe...
Executive/Board ChangesRegulatory Filings and Compliance
MJ Gleeson Executives Boost Holdings via Employee Share Scheme
Positive
Aug 10, 2026
MJ Gleeson Plc has disclosed that several senior executives acquired ordinary shares in the company under its HMRC-approved Profit Sharing Employee Share Ownership Scheme. The transactions underscore the group’s practice of linking compensat...
Business Operations and StrategyFinancial Disclosures
MJ Gleeson holds profit in line with forecasts as homes arm strengthens and land sales slip
Neutral
Jul 10, 2026
MJ Gleeson plc, the affordable housebuilder and land promoter, reported that its adjusted group profit before tax for the year to 30 June 2026 is expected to be in line with market expectations, underpinned by a strong performance at Gleeson Homes...
Regulatory Filings and Compliance
MJ Gleeson Executives Add Shares Through HMRC-Approved Scheme
Positive
Jul 8, 2026
MJ Gleeson PLC has disclosed that several senior executives, including the chief executive, chief financial officer, company secretary and the chief operating officer of Gleeson Homes, each acquired 80 ordinary shares in the company on 6 July 2026...
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.