Obermatt

Howden

LSE:HWDN · GB0005576813
Trading Companies & DistributorsLarge

360

98
EV / EBIT78
Price / Owner Earnings34
Owner Earnings Yield57
Dividend Yield59
Price/Sales31
EV / Gross Profit78
Price/Book32
Return on Capital86
Cash Return on Capital76
Return on Equity94
EBIT Margin85
Gross Profitability97
Cash Conversion63
Accruals87
Owner Earnings Margin88
Sales growth44
Profit Growth78
Long-Term EPS Growth50
Owner Earnings Growth45
Reinvestment49
Price momentum49
Debt load49
Refinancing42
Debt Payback66
Liquidity75
Analyst ratings61
Opinion Changes50
Price Target Upside90
Market mood44
Value Creation14/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Howden generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountryUK
IndustryTrading Companies & Distributors
SizeLarge
TypePublic Company
ExchangeLSE
Founded1987
Employees4,319
ISINGB0005576813
Last UpdateApr 2, 2026
Themes
Home ImprovementBuilding MaterialManufacturing

Description

Howden Joinery Group Plc engages in manufacturing and suppling of kitchen and joinery products in the UK and Europe. With a strong focus on quality, customer service, and innovation, the company operates a robust network of depots that provide tailor…

Analysis

Quality compounder

Howden Joinery Group Plc earns the quality_compounder label: good underlying economics priced fairly, with no obvious bargain or excess.

On valuation, the picture is fair. The owner-earnings multiple stands at 22.7×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 8% a year, against analyst forecasts of 7%. The price, in other words, assumes less than the experts do.

Growth is moderate; the safety picture is sturdy. The company scores 14/20 on our value-creation score: strong value creator. Analysts lean positive.

No flags apply to this company at this time: accounts, balance sheet, and cash quality all pass. A clean bill of health is meaningful, not just the absence of a warning. This analysis describes numbers; it is not investment advice.

360° rank · history

1007550250
59
2023202420252026

All-time high

94

May 2024

All-time low

41

Jan 2023

Average rank

70

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
31
25
25
29
Price/Earnings
46
44
48
53
Price/Book
32
24
22
32
Dividend Yield
59
59
62
65
Value (overall)
29
33
46
53

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →