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Cairn Homes PLC
LSE:CRN

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Cairn Homes PLC
LSE:CRN
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Price: 189.2 GBX 0.53% Market Closed
Market Cap: £1.2B

P/E

10.1
Current
9%
Cheaper
vs 3-y average of 11.1

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
10.1
=
Market Cap
GBX1.1B
/
Net Income
€132.7m

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
10.1
=
Market Cap
GBX1.1B
/
Net Income
€132.7m

Valuation Scenarios

Cairn Homes PLC is trading below its 3-year average

If P/E returns to its 3-Year Average (11.1), the stock would be worth GBX207.48 (10% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-57%
Maximum Upside
+92%
Average Upside
14%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple 10.1 GBX189.2
0%
3-Year Average 11.1 GBX207.48
+10%
5-Year Average 11.2 GBX209.91
+11%
Industry Average 4.4 GBX82.23
-57%
Country Average 19.4 GBX362.81
+92%

Forward P/E
Today’s price vs future net income

Today's Market Cap Net Income Forward P/E
GBX1.1B
/
Jan 2026
€132.7m
=
10.1
Current
GBX1.1B
/
Dec 2026
€148.5m
=
7.7
Forward
GBX1.1B
/
Dec 2027
€166.8m
=
6.9
Forward
GBX1.1B
/
Dec 2028
€175.4m
=
6.5
Forward

Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.

Market Distribution

Lower than 73% of companies in Ireland
Percentile
27th
Based on 218 companies
27th percentile
10.1
Low
0 — 11.8
Typical Range
11.8 — 24
High
24 —
Distribution Statistics
Ireland
Min 0
30th Percentile 11.8
Median 19.4
70th Percentile 24
Max 93.9

Cairn Homes PLC
Glance View

Market Cap
1.2B GBX
Industry
Consumer products

Cairn Homes PLC, a beacon in the Irish residential property sector, has carved out a reputation for itself through its strategic focus on high-quality homebuilding. Born in 2015, the company emerged during a time when Ireland's housing market was in desperate need of rejuvenation after the financial crisis. Cairn Homes seized this opportunity by leveraging its deep understanding of market dynamics and regulatory landscapes, prioritizing developments primarily in and around the Greater Dublin Area. With a formidable team of experienced professionals, the company meticulously selects prime land parcels, often overlooked by competitors, and turns them into vibrant residential communities. Their focus on detail—encompassing everything from sustainable construction practices to superior architectural design—ensures that each home not only meets but exceeds the expectations of modern homebuyers. The financial architecture of Cairn Homes PLC is equally robust, rooted in a business model that capitalizes on the lucrative homebuilding process. The company’s income stream is largely driven by the sale of newly constructed homes directly to homeowners and, increasingly, institutional investors looking to diversify their portfolios with residential assets. Cairn Homes meticulously manages each project from land acquisition through planning, construction, and finally to sale, enabling them to capture maximum value at every step. By continuously refining its operations and harnessing market insights, Cairn Homes PLC maintains healthy profit margins and achieves compelling economies of scale. This meticulous approach ensures steady cash flow, while also aligning with the broader societal goal of addressing Ireland’s housing shortfall.

CRN Intrinsic Value
301.67 GBX
Undervaluation 37%
Intrinsic Value
Price GBX189.2
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