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Cairn Homes plc (CRN) Fair Value & Analysis

Consumer Cyclical · GB · Market cap 1.2B GBX

CH Cairn Homes plc CRN · LSE
Price£2.04
Fair Value£3.85
Upside+89.2%
Quality68/100
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Evidence: High Range £1.70 – £5.85

Fair value as of: Jun 24, 2026

From 26 valuation models · updated 16 days ago

Share price +8.8% over the past month.

Price vs Fair Value (12 months)

£2.11 £1.54 Fair Value £3.85 Jul 2025 Jul 2026

12‑month range £1.54 – £2.11 · fair‑value band £1.70 – £5.85 · the £2.04 price screens below the £3.85 fair value. As of Jun 24, 2026.

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Analysis

Cairn Homes plc (CRN) currently trades at £2.04, while our model-based Fair Value estimate is £3.85 — implying the stock looks roughly 89.2% undervalued today. We read business quality at 68/100 (solid quality), in the Consumer Cyclical sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Cairn Homes plc generated revenue of £945M at a net margin of 14.1%. Revenue grew 33.7% year over year. It earns a return on equity of 16.6%. Net debt stands at £177M. Fundamentals as of Jun 24, 2026

Our scenario range runs from £1.70 (bear case) to £5.85 (bull case); at £2.04, the current price sits within that range. For context, the median of 10 Consumer Cyclical peers we cover trades at 27% fair-value upside — at 89%, CRN screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 945M GBX
Revenue growth (YoY) +33.7%
Net margin 14.1%
Return on equity 16.6%
Free cash flow 54.2M GBX FY2025
P/E ratio 11.2
More key figures
Operating margin 19.1%
EPS (TTM) £0.1800
Dividend yield 4.9%
EPS growth (YoY) +49.8%
Net debt 177M GBX FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Cairn Homes plc, together with its subsidiaries, operates as homebuilder in Ireland. The company builds, develops, and sells residential properties, including houses, duplexes, and apartments, as well as commercial and retail spaces. It also engages in property holding and rental; and financing activities. Cairn Homes plc was incorporated in 2014 and is based in Dublin, Ireland.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Cairn Homes plc reported revenue of £944M in FY2025 versus £424M in FY2021, a compound +22.2%/yr. Reported net income was £133M in FY2025, compounding +32.3%/yr from FY2021.

Revenue +22.2%/yr
FY21 £424M
FY22 £623M
FY23 £664M
FY24 £860M
FY25 £944M
Net income +32.3%/yr
FY21 £43.3M
FY22 £81.8M
FY23 £85.1M
FY24 £115M
FY25 £133M

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Cite: Fair Value Calculator (2026). "Cairn Homes plc Fair Value". https://www.fairvalue-calculator.com/stock/CRN.LSE

Similar stocks

10 more Residential Construction stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

Stock Price Fair Value vs Fair Value
D.R. Horton, Inc D1HI34 R$810.00 R$845.83 +4%
PulteGroup, Inc PHM $118.49 $129.42 +9%
Lennar Corporation LEN $89.85 $89.36 -1%
NVR, Inc NVR $6,353 $8,059 +27%
Toll Brothers, Inc TOL $151.92 $223.66 +47%
Sekisui House, Ltd SKHSY $19.87 $35.50 +79%
Taylor Morrison Home Corporation TMHC $71.60 $142.50 +99%
Installed Building Products, Inc IBP $211.92 $209.51 -1%
Sumitomo Forestry Co SMFRF $7.98 $11.72 +47%
Persimmon Plc, PSMMF $15.26 $12.48 -18%

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Frequently asked questions

Is Cairn Homes plc (CRN) undervalued?
As of Jun 24, 2026, our model estimates a fair value of £3.85 versus a price of £2.04 — about +89% (undervalued). Model-based estimate, not financial advice.
What is the fair value of CRN?
Our model-based fair value for Cairn Homes plc is £3.85 (as of Jun 24, 2026), built from audited fundamentals. The current price is £2.04.
What is the quality score of CRN?
Cairn Homes plc has a Quality Score of 68/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Cairn Homes plc (CRN)?
Cairn Homes plc reported trailing-twelve-month revenue of about £945M (latest available figure, as of Jun 24, 2026).
What is the net profit margin of CRN?
The net profit margin of Cairn Homes plc is about 14.1%, meaning it keeps roughly 14.1% of revenue as net income. Based on the latest reported figures.
Does Cairn Homes plc pay a dividend?
Cairn Homes plc currently shows a dividend yield of about 4.88% relative to its recent price (as of Jun 24, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.