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NEW

New Energy Solar ASX:NEW Stock Report

Last Price

AU$0.067

Market Cap

AU$21.8m

7D

-66.5%

1Y

-91.8%

Updated

01 Feb, 2023

Data

Company Financials

NEW Stock Overview

New Energy Solar Limited acquires, owns and manages large scale solar generation facilities.

NEW fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends2/6

My Notes

New

Notes are coming soon

New Energy Solar Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for New Energy Solar
Historical stock prices
Current Share PriceAU$0.067
52 Week HighAU$0.99
52 Week LowAU$0.066
Beta-0.41
1 Month Change-65.64%
3 Month Change-93.20%
1 Year Change-91.83%
3 Year Change-94.55%
5 Year Change-95.40%
Change since IPO-95.73%

Recent News & Updates

Recent updates

Calculating The Intrinsic Value Of New Energy Solar Limited (ASX:NEW)

Jun 14
Calculating The Intrinsic Value Of New Energy Solar Limited (ASX:NEW)

Estimating The Intrinsic Value Of New Energy Solar Limited (ASX:NEW)

Mar 01
Estimating The Intrinsic Value Of New Energy Solar Limited (ASX:NEW)

Shareholder Returns

NEWAU Renewable EnergyAU Market
7D-66.5%-9.2%-0.3%
1Y-91.8%-51.1%2.4%

Return vs Industry: NEW underperformed the Australian Renewable Energy industry which returned -51.1% over the past year.

Return vs Market: NEW underperformed the Australian Market which returned 2.4% over the past year.

Price Volatility

Is NEW's price volatile compared to industry and market?
NEW volatility
NEW Average Weekly Movement30.0%
Renewable Energy Industry Average Movement21.0%
Market Average Movement8.5%
10% most volatile stocks in AU Market15.6%
10% least volatile stocks in AU Market3.4%

Stable Share Price: NEW is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 30% a week.

Volatility Over Time: NEW's weekly volatility has increased from 15% to 30% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2015n/an/ahttps://www.newenergysolar.com.au

New Energy Solar Limited acquires, owns and manages large scale solar generation facilities. The firm may also invest in other renewable energy assets including wind, geothermal, hydro-electricity, hybrid solutions and owns and manages large scale solar generation facilities. New Energy Solar Limited was established in 2015 and is based in Sydney, Australia.

New Energy Solar Limited Fundamentals Summary

How do New Energy Solar's earnings and revenue compare to its market cap?
NEW fundamental statistics
Market CapAU$21.80m
Earnings (TTM)AU$4.59m
Revenue (TTM)AU$7.30m

4.7x

P/E Ratio

2.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NEW income statement (TTM)
RevenueAU$7.30m
Cost of RevenueAU$0
Gross ProfitAU$7.30m
Other ExpensesAU$2.71m
EarningsAU$4.59m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.014
Gross Margin100.00%
Net Profit Margin62.85%
Debt/Equity Ratio0%

How did NEW perform over the long term?

See historical performance and comparison

Dividends

67.2%

Current Dividend Yield

326%

Payout Ratio