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Bellway p.l.c. (BWY.L)

GBp1,943.00 +62.00 (+3.30%)
GB LSE Consumer Cyclical Residential Construction
Address Woolsington House NE13 8BF
Newcastle upon Tyne, GB
CEO Jason Michael Honeyman
IPO 1988-07-01
ISIN GB0000904986

Explore sections of this company profile

Also trades on London Stock Exchange · BWY.L (GBp) Other OTC · BLWYF (USD) Other OTC · BLWYY (USD)
Description

Bellway p.l.c., through its various subsidiaries, operates as a residential property developer throughout the United Kingdom. The company constructs and markets a diverse range of homes, from one-bedroom flats to substantial six-bedroom family residences. Furthermore, it supplies housing to associations for social accommodation purposes. Its properties are offered under the Bellway and Ashberry brands. Founded in 1978, the firm's main office is situated in Newcastle upon Tyne, UK.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
GBp1,943.00 +62.00 (+3.30%)
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Volume Profile
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Liquidity & share structure
Average Volume
728.9K
Beta
1.38
Float Shares
116.01M
Free Float %
101.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.31% +1.53% +0.63% -31.12% -32.29% -30.07% -29.24% -15.69% -47.57% -29.78% +702.93%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (2 ratings, all time) Hold
Price Targets & DCF
Current price
1,943.00
DCF (Unlevered) 4,104.81 +111.3%
DCF (Levered) 1,134.57 -41.6%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 72% Bullish
Rating 2026-05 Change
Strong Buy 3 0
Buy 10 0
Hold 5 +1
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
4.11
Safe zone
Piotroski F-Score
5 / 9
Average
MOAT Score
2 / 10
No MOAT
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
3 / 5
Medium
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
4 / 5
High
P/E Score
2 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Residential Construction: +5.7%
    +16.9% Q1'26: +19.4% (vs Q1'24)
  • EPS growth Residential Construction: +6.6%
    +21.1% Q1'26: +20.0% (vs Q1'24)
  • FCF margin FCF growth · Residential Construction: +45.1%
    +4.3% Q1'26: -0.5% (vs Q1'24)
  • EBIT margin Residential Construction: +9.7%
    +8.8% Q1'26: +10.6% (vs Q1'24)
  • ROIC Residential Construction: +7.1%
    +4.5% Q1'26: +12.7% (vs Q1'24)
  • Share dilution Residential Construction: +1.6%
    -0.1% Q1'26: -0.6% (vs Q1'24)
  • Debt / EBITDA Net debt/EBITDA · Residential Construction: 0.67×
    1.94× Q1'26: 0.29× (vs Q1'24)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.37) × ERP
WACC = 82% × Ke + 18% × Kd (4.6%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 4,104.81 Current price: 1,943.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Jul 2001
actual
Jul 2002
actual
Jul 2003
actual
Jul 2004
actual
Jul 2005
actual
Jul 2006
actual
Jul 2007
actual
Jul 2008
actual
Jul 2009
actual
Jul 2010
actual
Jul 2011
actual
Jul 2012
actual
Jul 2013
actual
Jul 2014
actual
Jul 2015
actual
Jul 2016
actual
Jul 2017
actual
Jul 2018
actual
Jul 2019
actual
Jul 2020
actual
Jul 2021
actual
Jul 2022
actual
Jul 2023
actual
Jul 2024
actual
Jul 2025
actual
Jul 2026
15 Rev. Ana.
13 EPS Ana.
Jul 2027
16 Rev. Ana.
14 EPS Ana.
Jul 2028
13 Rev. Ana.
9 EPS Ana.
Jul 2029
6 Rev. Ana.
5 EPS Ana.
Jul 2030
9 Rev. Ana.
6 EPS Ana.
Revenue
695.72M
est: 708.89M (-1.9%)
773.00M
est: 780.67M (-1.0%)
954.20M
est: 952.00M (+0.2%)
1.09B
est: 1.10B (-0.7%)
1.18B
est: 1.19B (-1.2%)
1.24B
est: 1.24B (-0.3%)
1.35B
est: 1.37B (-1.3%)
1.15B
est: 1.16B (-0.5%)
683.81M
est: 678.00M (+0.9%)
768.34M
est: 752.75M (+2.1%)
886.10M
est: 871.94M (+1.6%)
1.00B
est: 999.22M (+0.5%)
1.11B
est: 1.13B (-1.5%)
1.48B
est: 1.49B (-0.2%)
1.77B
est: 1.73B (+2.0%)
2.24B
est: 2.21B (+1.6%)
2.56B
est: 2.53B (+1.1%)
2.96B
est: 3.00B (-1.4%)
3.21B
est: 3.17B (+1.3%)
2.23B
est: 2.22B (+0.0%)
3.12B
est: 3.08B (+1.4%)
3.54B
est: 3.53B (+0.3%)
3.41B
est: 3.32B (+2.6%)
2.38B
est: 2.35B (+1.5%)
2.78B
est: 2.77B (+0.5%)
3.07B
3.01B – 3.10B
+10.8% YoY
3.17B
3.02B – 3.28B
+3.3% YoY
3.34B
3.33B – 3.34B
+5.3% YoY
3.50B
3.38B – 3.58B
+4.7% YoY
3.69B
3.57B – 3.78B
+5.7% YoY
EBITDA
111.81M
est: 97.00M (+15.3%)
137.32M
est: 108.50M (+26.6%)
180.22M
est: 147.92M (+21.8%)
218.25M
est: 192.95M (+13.1%)
235.29M
est: 218.22M (+7.8%)
242.44M
est: 218.98M (+10.7%)
256.39M
est: 229.72M (+11.6%)
55.29M
est: 188.99M (-70.7%)
-15.55M
est: 13.91M (-211.8%)
50.33M
est: -48.30M (+204.2%)
75.19M
est: 51.08M (+47.2%)
114.67M
est: 72.32M (+58.6%)
153.26M
est: 114.59M (+33.7%)
258.23M
est: 182.60M (+41.4%)
369.84M
est: 291.15M (+27.0%)
494.81M
est: 442.06M (+11.9%)
574.13M
est: 573.49M (+0.1%)
654.63M
est: 651.22M (+0.5%)
677.30M
est: 692.87M (-2.2%)
255.60M
est: 487.79M (-47.6%)
486.80M
est: 549.24M (-11.4%)
314.70M
est: 575.84M (-45.3%)
510.20M
est: 637.03M (-19.9%)
225.10M
est: 266.69M (-15.6%)
251.40M
est: 320.91M (-21.7%)
355.56M
348.39M – 359.56M
+10.8% YoY
367.40M
349.58M – 379.81M
+3.3% YoY
387.02M
386.48M – 387.56M
+5.3% YoY
405.33M
391.32M – 414.54M
+4.7% YoY
428.27M
413.47M – 438.00M
+5.7% YoY
EBIT
108.22M
est: 107.70M (+0.5%)
133.58M
est: 117.46M (+13.7%)
176.59M
est: 162.31M (+8.8%)
214.59M
est: 200.12M (+7.2%)
230.56M
est: 231.11M (-0.2%)
240.15M
est: 239.42M (+0.3%)
255.91M
est: 264.04M (-3.1%)
55.55M
est: 213.07M (-73.9%)
-17.74M
est: 31.76M (-155.9%)
51.64M
est: -22.98M (+324.7%)
75.08M
est: 59.42M (+26.4%)
114.41M
est: 84.71M (+35.1%)
149.92M
est: 129.76M (+15.5%)
255.42M
est: 199.50M (+28.0%)
367.91M
est: 304.59M (+20.8%)
510.19M
est: 463.45M (+10.1%)
573.22M
est: 587.87M (-2.5%)
655.32M
est: 664.11M (-1.3%)
674.90M
est: 706.93M (-4.5%)
321.70M
est: 495.93M (-35.1%)
531.50M
est: 558.41M (-4.8%)
653.30M
est: 585.45M (+11.6%)
544.20M
est: 647.66M (-16.0%)
220.00M
est: 262.23M (-16.1%)
245.90M
est: 315.55M (-22.1%)
349.61M
342.56M – 353.55M
+10.8% YoY
361.25M
343.74M – 373.46M
+3.3% YoY
380.55M
380.02M – 381.08M
+5.3% YoY
398.56M
384.78M – 407.61M
+4.7% YoY
421.11M
406.56M – 430.67M
+5.7% YoY
Net Income
70.67M
est: 69.85M (+1.2%)
87.90M
est: 77.33M (+13.7%)
118.56M
est: 107.19M (+10.6%)
143.84M
est: 137.11M (+4.9%)
149.16M
est: 155.81M (-4.3%)
155.74M
est: 159.33M (-2.3%)
166.71M
est: 171.80M (-3.0%)
27.00M
est: 140.33M (-80.8%)
-27.44M
est: 15.85M (-273.2%)
35.81M
est: -30.42M (+217.7%)
50.20M
est: 41.47M (+21.1%)
79.26M
est: 56.44M (+40.4%)
108.57M
est: 89.79M (+20.9%)
191.42M
est: 143.39M (+33.5%)
283.15M
est: 227.64M (+24.4%)
402.90M
est: 357.25M (+12.8%)
454.06M
est: 465.04M (-2.4%)
519.91M
est: 527.59M (-1.5%)
538.55M
est: 562.96M (-4.3%)
192.90M
est: 395.74M (-51.3%)
390.70M
est: 445.59M (-12.3%)
242.60M
est: 467.17M (-48.1%)
365.00M
est: 365.00M (+0.0%)
130.50M
est: 130.50M (+0.0%)
157.50M
est: 200.52M (-21.5%)
222.27M
210.66M – 233.88M
+10.8% YoY
212.85M
175.70M – 270.97M
-4.2% YoY
251.24M
242.26M – 334.97M
+18.0% YoY
300.37M
286.87M – 309.23M
+19.6% YoY
415.38M
396.71M – 427.64M
+38.3% YoY
SGA
est: 33.12M (-100.0%)
est: 36.09M (-100.0%)
41.96M
est: 46.34M (-9.5%)
49.70M
est: 48.56M (+2.3%)
51.78M
est: 53.85M (-3.8%)
52.93M
est: 53.18M (-0.5%)
58.84M
est: 58.37M (+0.8%)
58.76M
est: 49.50M (+18.7%)
41.55M
est: 34.51M (+20.4%)
38.54M
est: 46.19M (-16.6%)
44.20M
est: 44.60M (-0.9%)
47.47M
est: 49.79M (-4.7%)
52.53M
est: 53.79M (-2.3%)
60.36M
est: 68.92M (-12.4%)
67.74M
est: 71.60M (-5.4%)
82.99M
est: 85.15M (-2.5%)
90.22M
est: 95.51M (-5.5%)
100.67M
est: 104.61M (-3.8%)
109.70M
est: 108.91M (+0.7%)
97.40M
est: 80.60M (+20.8%)
120.10M
est: 90.75M (+32.3%)
134.00M
est: 95.15M (+40.8%)
142.20M
est: 105.26M (+35.1%)
147.20M
est: 107.93M (+36.4%)
152.00M
est: 129.88M (+17.0%)
143.90M
141.00M – 145.52M
+10.8% YoY
148.69M
141.48M – 153.71M
+3.3% YoY
156.63M
156.41M – 156.85M
+5.3% YoY
164.05M
158.37M – 167.77M
+4.7% YoY
173.33M
167.34M – 177.26M
+5.7% YoY
EPS
0.63
est: 0.64 (-1.0%)
0.79
est: 0.73 (+7.7%)
1.06
est: 0.99 (+7.6%)
1.27
est: 1.25 (+1.6%)
1.33
est: 1.39 (-4.0%)
1.38
est: 1.39 (-0.5%)
1.46
est: 1.49 (-1.7%)
0.24
est: 1.03 (-76.7%)
-0.24
est: 0.17 (-244.3%)
0.30
est: 0.27 (+10.4%)
0.42
est: 0.40 (+4.9%)
0.66
est: 0.62 (+6.6%)
0.89
est: 0.91 (-1.8%)
1.57
est: 1.55 (+1.1%)
2.31
est: 2.21 (+4.4%)
3.29
est: 3.05 (+8.0%)
3.71
est: 3.61 (+2.7%)
4.23
est: 4.23 (+0.1%)
4.38
est: 4.38 (0.0%)
1.57
est: 1.89 (-17.1%)
3.17
est: 3.41 (-6.9%)
1.97
est: 4.08 (-51.7%)
2.98
est: 3.28 (-9.2%)
1.09
est: 1.30 (-16.0%)
1.33
est: 1.69 (-21.3%)
1.87
1.76 – 1.96
+10.7% YoY
1.95
1.47 – 2.27
+4.4% YoY
2.32
2.03 – 2.80
+18.8% YoY
2.51
2.40 – 2.59
+8.4% YoY
3.48
3.32 – 3.58
+38.3% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 A- 4/5 3/5 3/5 4/5 4/5 2/5 4/5
2026-05-28 A- 4/5 3/5 3/5 4/5 4/5 2/5 4/5
2026-05-27 A- 4/5 3/5 3/5 4/5 4/5 2/5 4/5
2026-05-26 A- 4/5 3/5 3/5 4/5 4/5 2/5 4/5
2026-05-22 A- 4/5 3/5 3/5 4/5 4/5 2/5 4/5
2026-05-21 B+ 3/5 3/5 3/5 4/5 3/5 2/5 4/5
2026-05-20 B+ 3/5 3/5 3/5 4/5 3/5 2/5 4/5
2026-05-19 A- 4/5 3/5 3/5 4/5 3/5 3/5 4/5
2026-05-18 A- 4/5 3/5 3/5 4/5 3/5 3/5 4/5
2026-05-15 A- 4/5 3/5 3/5 4/5 3/5 3/5 4/5
2026-05-14 A- 4/5 3/5 3/5 4/5 3/5 3/5 4/5
2026-05-13 A- 4/5 3/5 3/5 4/5 3/5 3/5 4/5
2026-05-12 A- 4/5 3/5 3/5 4/5 3/5 3/5 4/5
2026-05-11 A- 4/5 3/5 3/5 4/5 3/5 3/5 4/5
2026-05-08 B+ 3/5 3/5 2/5 4/5 3/5 3/5 4/5
2026-05-07 B+ 3/5 3/5 2/5 4/5 3/5 3/5 4/5
2026-05-06 B+ 3/5 3/5 2/5 4/5 3/5 3/5 4/5
2026-05-05 B+ 3/5 3/5 2/5 4/5 3/5 3/5 4/5
2026-05-01 B+ 3/5 3/5 2/5 4/5 3/5 3/5 4/5
2026-04-30 B+ 3/5 3/5 2/5 4/5 3/5 3/5 4/5
2026-04-29 B+ 3/5 3/5 2/5 4/5 2/5 3/5 4/5
2026-04-28 B+ 3/5 3/5 2/5 4/5 2/5 3/5 4/5
2026-04-27 B+ 3/5 3/5 2/5 4/5 2/5 3/5 4/5
2026-04-24 B+ 3/5 3/5 2/5 4/5 2/5 3/5 4/5
2026-04-23 B+ 3/5 3/5 2/5 4/5 2/5 3/5 4/5
2026-04-22 B+ 3/5 3/5 2/5 4/5 2/5 3/5 4/5
2026-04-21 B+ 3/5 3/5 2/5 4/5 2/5 3/5 4/5
2026-04-20 B+ 3/5 3/5 2/5 4/5 2/5 3/5 4/5
2026-04-17 B+ 3/5 3/5 2/5 4/5 2/5 3/5 4/5
2026-04-16 B+ 3/5 3/5 2/5 4/5 2/5 3/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
50.77M
OE per share TTM
0.42
Owner's Yield
2.24%
Maintenance CapEx ratio
2.09%
Maint CapEx / Avg PPE
1.2%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 114 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Amundi Prime UK Mid & Small Cap UCITS ETF DR - GBP (D) PRUK.L 1.19% 5.06M 0.05%
2 Xtrackers FTSE 250 UCITS ETF 1D XMCX.L 0.73% 280.8K 0.15%
3 Vanguard FTSE 250 UCITS ETF (GBP) Distributing VMID.DE 0.72% 19.09M 0.10%
4 Vanguard FTSE 250 UCITS ETF VMIG.MI 0.72% 19.09M 0.10%
5 Invesco FTSE 250 UCITS ETF S250.L 0.68% 243.3K 0.12%
6 iShares FTSE 250 UCITS ETF MIDD.L 0.68% 5.73M 0.40%
7 HSBC FTSE 250 UCITS ETF HMCX.L 0.67% 454.6K 0.09%
8 iShares MSCI UK Small Cap UCITS ETF CUKS.L 0.63% 808.0K 0.58%
9 iShares MSCI United Kingdom Small-Cap ETF EWUS 0.63% 254.2K 0.59%
10 iShares UK Dividend UCITS ETF IUKD.SW 0.43% 7.44M 0.40%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
92.5K
Shares Outstanding
114.18M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Jason Michael Honeyman Group Chief Executive Officer & Executive Director 2M male
Simon Scougall Chief Commercial Officer & Executive Director 1M male
Shane Doherty Chief Financial Officer & Director 1M male
Gavin Jago Group Investor Relations Director
Heidi Khoshtaghaza Group HR Director
Philip Robert Hope Company Secretary & Group Finance Director male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits