Kingspan Group

Here are the key details about Kingspan Group based on the search results:

Company Overview

Kingspan Group plc is a global leader in high-performance insulation and building envelope solutions. Some key facts about the company:

• Headquartered in Ireland and trades in over 80 countries
• Has more than 210 factories employing over 22,000 people globally
• Operates through six divisions: Insulated Panels, Insulation, Light & Air, Water & Energy, Data & Flooring, and Roof & Waterproofing
• Founded in the 1960s by Eugene Murtagh and went public on the Irish Stock Exchange in 1989
• Current CEO is Gene Murtagh, who was appointed in 2005

Recent Financial Performance

Based on the latest half-year results for 2024:

• Revenue up 2% to €4.2 billion
• EBITDA up 2% to €536 million
• Trading profit down 3% to €422 million
• Group trading margin of 10.1%, a decrease of 60 basis points vs H1 2023
• Basic EPS down 5.3% to 165.9 cents
• Net debt of €1.52 billion as of June 30, 2024

Sustainability Initiatives

Kingspan has made several sustainability commitments:

• Achieved Net Zero Energy across all manufacturing and office facilities globally by 2019
• Launched 10-year "Planet Passionate" sustainability program in 2019 with 12 targets
• Aims to reduce carbon emissions by 90% by 2030
• Goal to upcycle 1 billion PET bottles into insulation by 2025
• Reported a 26% reduction in carbon emissions since 2020

Recent Developments

• Announced plans to build a new €200 million manufacturing plant in Ukraine in June 2022
• Acquired a 51% stake in Steico for €250 million in January 2024
• Entered a strategic partnership with solar company LONGi in 2024 to develop integrated solar PV systems for buildings

Controversies

Kingspan has faced scrutiny related to the 2017 Grenfell Tower fire in London:

• A Kingspan insulation product was used in the building's cladding system without the company's knowledge
• The Grenfell Inquiry found issues with Kingspan's business practices around product testing and marketing
• Kingspan has acknowledged "process and conduct deficiencies" but maintains its products were not responsible for the fire's spread

Kingspan Group plc full year results for the year ended 31 december 2023

Based on the search results, here are some key points about Kingspan Group's current valuation:

1. Market Capitalization:

• As of September 2024, Kingspan Group has a market cap of €15.39 billion.
• As of December 8, 2023, the market cap was €13.31 billion.

1. Price-to-Earnings (P/E) Ratio:

• The trailing P/E ratio is 22.60.
• The forward P/E ratio is 19.95.

1. Price-to-Sales (P/S) Ratio:

• The P/S ratio is 1.72.

1. Price-to-Book (P/B) Ratio:

• The P/B ratio is 3.50.

1. Enterprise Value (EV):

• The enterprise value is €16.04 billion.

1. EV/EBITDA:

• The EV/EBITDA ratio is 14.83.

1. Analyst Price Targets:

• The average 12-month price target from 7 Wall Street analysts is €78.00.
• The highest analyst price target is €90.00, while the lowest is €64.00.

1. Morningstar Valuation:

• As of September 6, 2024, Morningstar estimates Kingspan is trading at a 21% premium to its fair value estimate of €84.00.

1. Revenue:

• For the half year ending June 30, 2024, Kingspan Group had revenue of €4.17 billion, with 0.33% growth.
• The trailing twelve months revenue as of that date was €8.17 billion, down 1.18% year-over-year.

Overall, these metrics suggest that Kingspan Group is currently trading at a premium valuation compared to its historical averages and analyst estimates. However, valuations can change quickly based on market conditions and company performance.