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Added to YB: 2026-05-25

Pitch date: 2026-05-22

CRST.L [neutral]

Crest Nicholson Holdings plc

Author Info

No bio for this author

Company Info

Crest Nicholson Holdings plc engages in building residential homes in the United Kingdom. It develops and sells apartments, houses, and commercial properties.

Market Cap

GBP 183.6M

Pitch Price

N/A

Price Target

N/A

Dividend

5.03%

EV/EBITDA

6.87

P/E

83.38

EV/Sales

0.38

Sector

Household Durables

Category

turnaround

Show full summary:
UK Housebuilders - One year on - Crest Nicholson (CRST) — The Turnaround That Keeps Getting Deferred

CRST.L (update): Posted £103.5M net loss in 2024, £59.5M net debt, erratic cash flows. Shares at 66p, far below peak. Bellway's rejected bid shows M&A interest in assets, but lacks margin stabilization & consistent cash generation. Speculative play requiring strong conviction on sector recovery. Watch, don't own.

Read full article (1 min)