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Morgan Sindall Group plc operates as a construction and regeneration company in the United Kingdom. The company operates through six segments: Partnership Housing, Mixed Use Partnerships, Fit Out, Construction, Infrastructure, and Property Services. The Partnership Housing segment focuses on working in partnerships with local authorities and housing associations, which includes mixed-tenure developments; building and developing homes for open market sale and for social/affordable rent; design and build house contracting; and planned maintenance and refurbishment. The Mixed Use Partnerships segment transforms urban landscape through partnership working and the development of multi-phase sites and mixed-use placemaking. The Fit Out segment offers fit out and refurbishment in commercial, central and local government offices, and further education, as well as provides office interior design and build services direct to occupiers. The Construction segment focuses on education, healthcare, commercial, industrial, leisure, and retail markets. The Property Services segment provides response and planned maintenance services for social housing and the wider public sector. The Infrastructure segment provides services to energy, nuclear, rail, highways, water, and defence markets, including BakerHicks design activities from the United Kingdom and Switzerland. The company was incorporated in 1953 and is headquartered in London, the United Kingdom.
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| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 231.80M | 171.90M | 143.90M | 85.30M | 126.20M |
| Net income | 174.90M | 131.70M | 117.70M | 60.90M | 97.90M |
| Selling general administrative | - | 360.00M | 324.00M | 287.60M | 258.30M |
| Selling and marketing expenses | - | - | 30.80M | - | - |
| Gross profit | 606.10M | 529.90M | 446.70M | 370.90M | 382.80M |
| Reconciled depreciation | - | 33.60M | 29.70M | 24.90M | 22.00M |
| Ebit | 212.30M | 175.70M | 133.20M | 88.30M | 129.80M |
| Ebitda | 248.50M | 209.30M | 162.90M | 112.10M | 152.40M |
| Depreciation and amortization | 36.20M | 33.60M | 29.70M | 23.80M | 22.60M |
| Operating income | 212.30M | 162.00M | 140.60M | 88.30M | 129.80M |
| Other operating expenses | 4806.30M | 4384.20M | 3977.10M | 3528.40M | 3088.40M |
| Interest expense | 8.70M | 8.30M | 7.50M | 1.90M | 4.20M |
| Tax provision | - | 40.20M | 26.20M | 24.40M | 28.30M |
| Interest income | - | 18.20M | 10.80M | 2.30M | 0.60M |
| Net interest income | - | 9.90M | 3.30M | -3.00M | -3.60M |
| Income tax expense | 56.90M | 40.20M | 26.20M | 24.40M | 28.30M |
| Total revenue | 5018.60M | 4546.20M | 4117.70M | 3612.20M | 3212.80M |
| Total operating expenses | 393.80M | 367.90M | 306.10M | 287.10M | 258.40M |
| Cost of revenue | 4412.50M | 4016.30M | 3671.00M | 3241.30M | 2830.00M |
| Total other income expense net | 19.50M | 9.90M | 3.30M | -3.00M | -3.60M |
| Net income from continuing ops | - | 131.70M | 117.70M | 60.90M | 97.90M |
| Net income applicable to common shares | - | - | - | 60.90M | 97.90M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 2448.30M | 2130.60M | 2030.20M | 1794.40M | 1707.60M |
| Intangible assets | 0.60M | 0.40M | 0.90M | 3.50M | 4.20M |
| Other current assets | 26.10M | 22.70M | 17.80M | 648.00M | 622.80M |
| Total liab | 1699.50M | 1483.40M | 1462.10M | 1298.20M | 1233.40M |
| Total stockholder equity | 748.80M | 647.20M | 568.10M | 496.20M | 474.20M |
| Other current liab | 1175.00M | 975.40M | 957.70M | 932.70M | 845.70M |
| Common stock | 2.40M | 2.40M | 2.40M | 2.40M | 2.30M |
| Capital stock | - | 2.40M | 2.40M | 2.40M | 2.30M |
| Retained earnings | 679.30M | 629.70M | 531.80M | 436.80M | 427.10M |
| Other liab | - | - | - | 66.10M | 66.70M |
| Good will | 217.70M | 217.70M | 217.70M | 217.70M | 217.70M |
| Other assets | - | - | - | 0.80M | 0.80M |
| Cash | 590.50M | 544.20M | 541.30M | 431.70M | 468.60M |
| Total current liabilities | 1618.10M | 1400.20M | 1361.10M | 1191.20M | 1126.90M |
| Current deferred revenue | 121.70M | - | 99.60M | - | - |
| Net debt | -408.80M | -425.70M | -396.90M | -297.70M | -305.20M |
| Short term debt | 84.10M | 74.40M | 99.70M | 93.10M | 123.60M |
| Short long term debt | - | 51.80M | 80.60M | 77.10M | 110.20M |
| Short long term debt total | 181.70M | 118.50M | 144.40M | 134.00M | 163.40M |
| Other stockholder equity | 65.90M | 65.70M | 56.00M | 57.00M | 44.80M |
| Property plant equipment | - | - | - | 74.80M | 66.60M |
| Total current assets | 1905.60M | 1704.90M | 1618.20M | 1413.60M | 1324.20M |
| Net tangible assets | - | - | - | 275.00M | 252.30M |
| Net receivables | 685.70M | 662.00M | 714.40M | 290.00M | -55.70M |
| Long term debt | - | - | - | 0.00M | 0.40M |
| Inventory | 603.30M | 476.00M | 344.70M | 333.90M | 288.50M |
| Accounts payable | 237.30M | 211.10M | 202.20M | 165.40M | 157.60M |
| Accumulated other comprehensive income | 1.20M | -50.60M | -22.10M | - | - |
| Non currrent assets other | 4.20M | 0.60M | 0.80M | 84.80M | 94.90M |
| Non current assets total | 542.70M | 425.70M | 412.00M | 380.80M | 383.40M |
| Capital lease obligations | - | 66.70M | 63.80M | 56.90M | 52.80M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | - | 4.70M | -11.00M | 8.30M | -4.50M |
| Change to liabilities | - | - | - | 67.30M | 96.40M |
| Total cashflows from investing activities | -44.80M | 4.70M | -11.00M | 8.30M | -4.50M |
| Net borrowings | - | - | 0.00M | -17.60M | -15.20M |
| Total cash from financing activities | -122.30M | -101.80M | -78.90M | -66.80M | -80.80M |
| Net income | 174.90M | 162.00M | 117.70M | 88.30M | 129.80M |
| Change in cash | 46.30M | 31.70M | 106.10M | -3.80M | 25.20M |
| Begin period cash flow | 544.20M | 460.70M | 354.60M | 358.40M | 333.20M |
| End period cash flow | 590.50M | 492.40M | 460.70M | 354.60M | 358.40M |
| Total cash from operating activities | 205.90M | 128.80M | 196.00M | 54.70M | 110.50M |
| Issuance of capital stock | - | 29.20M | 4.10M | 11.80M | 2.00M |
| Depreciation | 36.20M | 33.60M | 29.70M | 24.90M | 22.00M |
| Other cashflows from investing activities | - | 22.90M | 3.30M | 19.50M | 2.10M |
| Dividends paid | 65.80M | 56.10M | 48.10M | 43.50M | 32.30M |
| Change to inventory | -127.30M | -131.30M | -10.80M | -45.40M | 5.70M |
| Change to account receivables | -111.30M | 53.80M | -83.80M | -86.40M | -154.80M |
| Sale purchase of stock | -40.70M | -47.20M | -11.30M | -15.70M | -33.60M |
| Other cashflows from financing activities | -28.30M | -1.90M | -2.40M | -19.00M | -16.90M |
| Change to netincome | - | - | - | 33.40M | 43.30M |
| Capital expenditures | 16.00M | 18.20M | 14.30M | 11.80M | 8.00M |
| Change in working capital | -21.00M | -33.80M | 43.20M | -64.50M | -52.70M |
| Stock based compensation | - | 10.50M | 6.60M | 9.70M | 12.10M |
| Other non cash items | 15.80M | -43.50M | 43.20M | -3.70M | 4.00M |
| Free cash flow | 189.90M | 110.60M | 181.40M | 42.90M | 102.50M |
Sector: Industrials Industry: Engineering & Construction
|
Stock Name
|
Change
(GBX) |
Price
(GBX) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| MGNS Morgan Sindall Group PLC |
86.00 2.17% |
4054.00 | 12.60 | 12.87 | 0.42 | 2.65 | 0.30 | 5.62 |
| LTOD Larsen & Toubro Limited |
-0.55 1.44% |
37.75 | 0.16 | 23.15 | 0.01 | 4.80 | 2.03 | 16.27 |
| BAB Babcock International Group PLC |
-6.40 0.64% |
992.80 | 22.86 | 21.19 | 1.27 | 8.70 | 1.34 | 11.88 |
| BBY Balfour Beatty plc |
10.00 1.18% |
860.50 | 15.85 | 15.50 | 0.42 | 3.29 | 0.33 | 6.47 |
| HILS Hill & Smith Holdings PLC |
115.00 3.96% |
3020.00 | 22.40 | 15.60 | 2.07 | 3.59 | 2.02 | 10.79 |
Morgan Sindall Group plc operates as a construction and regeneration company in the United Kingdom. The company operates through six segments: Partnership Housing, Mixed Use Partnerships, Fit Out, Construction, Infrastructure, and Property Services. The Partnership Housing segment focuses on working in partnerships with local authorities and housing associations, which includes mixed-tenure developments; building and developing homes for open market sale and for social/affordable rent; design and build house contracting; and planned maintenance and refurbishment. The Mixed Use Partnerships segment transforms urban landscape through partnership working and the development of multi-phase sites and mixed-use placemaking. The Fit Out segment offers fit out and refurbishment in commercial, central and local government offices, and further education, as well as provides office interior design and build services direct to occupiers. The Construction segment focuses on education, healthcare, commercial, industrial, leisure, and retail markets. The Property Services segment provides response and planned maintenance services for social housing and the wider public sector. The Infrastructure segment provides services to energy, nuclear, rail, highways, water, and defence markets, including BakerHicks design activities from the United Kingdom and Switzerland. The company was incorporated in 1953 and is headquartered in London, the United Kingdom.
| Name | Title | Year Born |
|---|---|---|
| Mr. John Christopher Morgan | Founder, CEO & Director | 1956 |
| Mr. Stephen Crummett | Fin. Director & Director | 1965 |
| Ms. Helen Mason | Gen. Counsel | NA |
| Ms. Catherine Beaumont | Communications Mang. | NA |
| Ms. Camilla Aitchison | Director of People | NA |
| Les Turner | Head of Supply Chain Utility Services - Construction and Infrastructure Division | NA |
| Mr. Pat Boyle | Managing Director of Morgan Sindall Construction | NA |
| Mr. Andy Saul | Group Commercial Director | NA |
| Mr. Chris Booth | Managing Director of Fit Out | NA |
| Mr. Martin Lubieniecki | Managing Director of Design | NA |
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