Valuation: Develop North PLC

Market Cap 1.96Cr 2.64Cr 2.31Cr 2.13Cr 3.7Cr 254.57Cr 3.79Cr 25Cr 10Cr 124.68Cr 9.93Cr 9.71Cr 429.21Cr P/E 2024
16.8x
P/E 2025 40.6x
Enterprise Value 2.57Cr 3.46Cr 3.02Cr 2.79Cr 4.85Cr 333.24Cr 4.96Cr 33Cr 13Cr 163.21Cr 13Cr 13Cr 561.84Cr EV / Sales 2024
10.8x
EV / Sales 2025 16.4x
Free-Float
75.82%
Yield 2024
5.13%
Yield 2025 5.93%
3 months-1.31%
6 months+6.34%
Current year+11.85%
1 week 69
Extreme 69
78
1 month 69
Extreme 69
78
Current year 65.88
Extreme 65.88
83
1 year 63
Extreme 63
84
3 years 63
Extreme 63
88
5 years 63
Extreme 63
92
10 years 11.03
Extreme 11.03
108
Manager TitleAgeSince
Chief Executive Officer 58 26/01/2026
Director TitleAgeSince
Director/Board Member 46 18/04/2018
Director/Board Member 56 19/12/2016
Director/Board Member 73 19/12/2016
Date Insider Type Main position Quantity % Market Cap.
02/04/26 Buy

Director

30,614 0.1094%
02/04/26 Buy

Chief Executive Officer

6,094 0.0218%
02/04/26 Buy

Director

5,000 0.0179%
Change 5-day change 1-year change 3-year change Capi.($)
0.00%0.00%-3.21%-7.36% 2.64Cr
Average 0.00%0.00%-3.21%-7.36% 2.64Cr
Weighted average by Cap. 0.00%0.00%-3.21%-7.36%

Financials

2024 2025
Net sales 17.15L 23.07L 20.16L 18.61L 32.32L 22Cr 33.04L 2.22Cr 87.47L 11Cr 86.65L 84.75L 37Cr 13.96L 18.78L 16.41L 15.15L 26.31L 18Cr 26.9L 1.81Cr 71.2L 8.86Cr 70.53L 68.98L 30Cr
Net income 11.7L 15.74L 13.76L 12.69L 22.05L 15Cr 22.54L 1.52Cr 59.67L 7.42Cr 59.11L 57.82L 26Cr 4L 6L 5L 5L 8L 5.38Cr 8L 53.81L 21.17L 2.63Cr 20.97L 20.51L 9.06Cr
Net Debt -9L -12.3L -10.75L -10L -17.23L -12Cr -17.61L -1.19Cr -46.62L -5.8Cr -46.18L -45.17L -20Cr 60.72L 81.69L 71.39L 65.87L 1.14Cr 79Cr 1.17Cr 7.87Cr 3.1Cr 39Cr 3.07Cr 3Cr 132.63Cr
Logo Develop North PLC
Develop North PLC is a United Kingdom-based closed end investment company, which specializes in providing finance to the residential and commercial property sector. The Company provides debt finance to the property sector. With a focus on the North of England and Scotland, it offers finance solutions of between £0.5 million and £5 million to credible and professional developers across residential and commercial sectors. The Company's investment objective is to provide shareholders with a consistent and stable income and the potential for an attractive total return over the medium to long term. It seeks to achieve its investment objective through a diversified portfolio of fixed rate loans predominantly secured over land and/or property in the United Kingdom. It retains absolute discretion to make investments for either shorter or longer periods. Its projects include Kenley Homes, Horizon Cremation, Bede Homes and Calmont Homes. The Company's investment adviser is Tier One Capital Ltd.
Employees
1
Date Price Change Volume
17/26/17 GBX 75.50 0.00% 0
16/26/16 GBX 75.50 0.00% 0
15/26/15 GBX 75.50 0.00% 24,842
14/26/14 GBX 75.50 0.00% 5,273
13/26/13 GBX 75.50 0.00% 0
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