Stocktoria

Bellway p.l.c. BWY.L

GB · London Stock Exchange · XLON · stock · Consumer Cyclical · website

Bellway p.l.c. statistics & valuation

Market cap£2.5B
P / E13.2×
P / S0.8×
P / B0.7×
P / FCF7.7×
Dividend yield3.30%
Net margin6.1%
Return on equity5.5%
FCF margin10.5%
Net cash£138.0M
Enterprise value USD$3.2B
Earnings yield EBIT/EV12.4%
Return on capital7.3%
Graham number -98.5%£34.31

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (£34.31); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
6.90% 10.70% 5.50% 6.10% 2022202320242026
Gross margin (%)
12.50% 19.00% 15.20% 15.10% 2022202320242026
Operating margin (%)
8.70% 14.80% 8.90% 9.50% 2022202320242026
Return on equity (%)
7.20% 10.50% 3.80% 5.50% 2022202320242026
Shares outstanding
110.8M 110.8M 110.8M 110.8M 2022202320242026
Net debt (£)
-£228.1M -£217.0M £24.6M -£138.0M 2022202320242026
Share buybacks (£)
£7.4M £66.0M £34.9M £145.5M 2022202320242026
Return on assets (%)
4.90% 7.10% 2.60% 3.80% 2022202320242026
Free cash flow margin (%)
1.30% 6.90% -2.80% 10.50% 2022202320242026
Debt / equity (×)
0.04× 0.04× 0.04× 0.04× 2022202320242026
EPS (£)
£2.96 £1.09 £1.65 2022202320242026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

Key ratios (by fiscal year)

RatioFY2026FY2024FY2023FY2022
Gross margin15.1%15.2%19.0%12.5%
Operating margin9.5%8.9%14.8%8.7%
Net margin6.1%5.5%10.7%6.9%
FCF margin10.5%-2.8%6.9%1.3%
Return on assets3.8%2.6%7.1%4.9%
Return on equity5.5%3.8%10.5%7.2%
Debt / equity0.04×0.04×0.04×0.04×
Current ratio5.085.265.015.06

Computed from company filings · GB · as of 2026-07-31. Figures in GBP. Facts plus Stocktoria's own computed scores — not investment advice.