Historical valuation data is not available at this time.
Vistry Group PLC is a UK-based housebuilding and partnerships business formed in 2020 through the merger of Bovis Homes Group and Linden Homes (part of Galliford Try). The company operates through two main divisions: Housebuilding, which focuses on private and affordable housing, and Partnerships, which works with local authorities and housing associations to deliver mixed-tenure developments. Vistry has established itself as one of the UK's top five housebuilders by volume, with a strong presence in the South of England and Midlands. The company differentiates itself through its partnerships model, which provides more predictable revenue streams compared to traditional housebuilders. Vistry's competitive advantages include its land bank of approximately 60,000 plots (as of 2022), vertically integrated operations, and focus on sustainability through its Future Homes strategy.
Focus on modern methods of construction (MMC), including timber frame and panelized systems. Committed to all homes being zero-carbon ready by 2025.
Vistry Group presents an interesting proposition within the UK housebuilding sector, with its dual focus on traditional housebuilding and more resilient partnerships business providing diversification. The company's strong balance sheet (net cash position) and focus on operational efficiency provide some insulation against housing market downturns. However, investors should be mindful of sector-wide risks including macroeconomic sensitivity and regulatory pressures. The partnerships division offers more visible earnings growth potential, though execution risks remain. Current valuation appears reasonable relative to sector peers, with potential upside from successful delivery of partnership targets.
Vistry Group 2022 Annual Report, Investor Presentations (2023), UK Housing Market Reports, Bloomberg sector analysis