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Added to YB: 2025-01-29

Pitch date: 2024-12-31

BKG.L [bullish]

The Berkeley Group Holdings plc

-13.94%

current return

Author Info

No bio for this author

Company Info

The Berkeley Group Holdings plc, together with its subsidiaries, builds homes and neighbourhoods in the United Kingdom.

Market Cap

GBP 3.1B

Pitch Price

GBP 38.88

Price Target

N/A

Dividend

1.97%

EV/EBITDA

5.52

P/E

9.13

EV/Sales

1.16

Sector

Household Durables

Category

value

Show full summary:
Third Avenue Real Estate Value Fund Portfolio Holding: The Berkeley Group Holdings plc

BKG.L: Premier UK residential developer, 10% of London new builds. 10x P/E, 1.1x P/B (15-yr low). Net cash, 50k+ home land bank. 10%+ annual net worth growth. Well-managed, insider-owned. Expanding to PRS. Buybacks & dividends. Expect rerating as UK rates stabilize. Run-off value upside.

Read full article (1 min)