Michelmersh Brick Holdings PLC

Michelmersh Brick Holdings PLC

0.85
EUR
-0.01
(-1.16%)
82.58MMarket Cap
Mar 30Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.44
0.35
0.36
0.37
0.45
0.54
0.59
0.56
0.63
0.72
0.84
0.76
0.76
- -
Basic EPS, GAAP
-0.03
0.03
0.04
0.04
0.03
0.06
0.09
0.05
0.06
0.09
0.1
0.07
0.04
- -
Free Cash Flow per Basic Share
0.05
- -
0.05
0.03
0.05
0.09
0.13
0.1
0.1
0.16
0.08
0.01
0.01
- -
Dividend per Share
- -
- -
- -
0.01
0.02
0.02
0.03
0.01
0.02
0.03
0.04
0.04
0.05
- -
Book Value per Share
0.56
0.57
0.61
0.66
0.69
0.74
0.82
0.85
0.89
0.93
0.99
1.02
1.03
0.98
Tangible Book Value per Share
0.53
0.54
0.58
0.63
0.41
0.47
0.58
0.62
0.68
0.66
0.74
0.78
0.79
0.76
Basic Weighted Avg Shares
59
81
81
81
84
86
91
94
94
94
93
93
91
91
Sales/Revenue/Turnover
26
28
29
30
38
46
54
52
60
68
77
70
69
- -
Operating Margin (%)
4.12
9.41
15.98
15.02
13.06
17.03
16.79
14.43
16.06
16.9
15.86
11.61
6.61
- -
Depreciation Expense
1
1
1
1
2
3
4
5
5
5
5
5
5
- -
Net Income, GAAP
-2
2
4
4
2
5
9
5
6
9
10
6
4
- -
Effective Tax Rate (%)
74.2
15.41
20.87
22.11
33.75
22.56
17.01
28.21
36.79
22.1
22.44
23.32
15.92
- -
Profit Margin (%)
-5.97
7.73
12.4
11.84
5.84
10.76
16.08
9.48
10.3
12.98
12.49
8.71
5.3
- -
Working Capital
9
12
10
12
11
12
19
20
17
14
22
22
18
16
LT Debt
5
5
- -
- -
20
15
19
11
1
1
1
2
2
2
Total Equity
46
47
49
54
59
64
76
80
85
89
93
96
93
90
Return on Invested Capital (%)
0.66
4.46
7.22
6.75
4.68
6.61
9.99
5.53
6.82
9.97
10.07
6.35
3.94
- -
Return on Capital (%)
-2.47
4.83
7.28
6.92
3.61
6.76
10.14
5.63
7.03
10.21
10.58
6.71
4.03
- -
Return on Common Equity (%)
-3.82
4.77
7.52
6.92
3.91
8.09
12.3
6.33
7.44
10.2
10.63
6.47
3.86
- -

Capital Structure

GBP

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
1
3
7
LT Borrowings
- -
- -
- -
LT Finance Leases
2
2
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
92
91
92
Market Capitalization
95
76
71

Working Capital

GBP

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
35
32
37
Cash, Cash Equivalents & STI
2
1
1
Accounts Receivable, Net
15
9
16
Inventories
19
20
21
Total Current Liabilities
18
14
22
Payables & Accruals
- -
- -
- -
ST Debt
1
3
7
Deferred Revenue
- -
- -
- -

Growth Rates

GBP

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.71%
3.21%
-3.02%
Free Cash Flow
6.25%
-16.95%
-15.5%
Net Income, GAAP
11.7%
0.18%
-40.2%
Sales/Revenue/Turnover
9.58%
6.25%
-1.73%
Total Cash Common Dividend
41.38%
46.43%
2.59%

Semi-annual Revenue

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
70
2025
- -
- -
69
2026
- -
- -
- -

Semi-annual Earnings Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.07
2025
- -
- -
0.04
2026
- -
- -
- -

Semi-annual Dividends Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.04
2025
- -
- -
0.05
2026
- -
- -
- -

Company Description

CEO
Ryan Mahoney
Full Time Employees
462
Sector
Non-energy minerals
Industry
Construction materials
Address
Freshfield Lane Haywards Heath WS United Kingdom RH17 7HH
IPO Date
May 26, 2004
Business
Michelmersh Brick Holdings plc is a UK-based specialist manufacturer and distributor of high-quality clay building products, headquartered in West Sussex and founded in 1898. The company produces a comprehensive range of products including extruded wire-cut facing bricks, traditional clamp-fired stock facing bricks, clay pavers, paving accessories, special-shaped bricks, bespoke architectural terra cotta and faience, as well as prefabricated brick components and facade systems. Its operations are organized across seven market-leading brands: Blockleys, Carlton, FabSpeed, Floren.be, Freshfield Lane, Michelmersh, and Hathern Terra Cotta, serving both public and private sector construction markets primarily in the UK and overseas. Recent developments include the continuation of a share buyback programme and leadership transitions with the CEO Peter Sharp retiring in 2025 and succession planned by CFO Ryan Mahoney who has been with the firm since 2021. Michelmersh reported resilient financial performance through 2024 despite industry-wide challenges with revenue of £70.1 million and adjusted EBITDA of £14.0 million, underpinned by a strong order book despite a noted slowdown in construction activity in late 2025. The group sustains a focus on innovation, sustainability, and capital improvement programmes to maintain its market position and product quality. It also owns a landfill operation, New Acres Limited, exploring ancillary land development opportunities. The company has emphasized active management of input costs and strategic expansion through integration of its diverse product offerings to support architectural and construction needs, including significant capital investment in manufacturing capabilities and product innovation. Michelmersh is recognized for high-quality, durable clay bricks and architectural terra cotta used in a variety of building typologies such as schools, hospitals, offices, and apartments. It operates with no debt and reports positive order intake levels despite macroeconomic uncertainty and sector-specific challenges in the UK construction market.