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New Energy Solar ASX:NEW Stock Report

Last Price

AU$0.063

Market Cap

AU$20.2m

7D

-3.1%

1Y

-93.1%

Updated

01 Mar, 2023

Data

Company Financials

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

New Energy Solar (NEW) Stock Overview

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

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

NEW Community Fair Values

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New Energy Solar Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for New Energy Solar
Historical stock prices
Current Share PriceAU$0.063
52 Week HighAU$0.99
52 Week LowAU$0.063
Beta-0.71
1 Month Change-68.50%
3 Month Change-65.95%
1 Year Change-93.11%
3 Year Change-94.81%
5 Year Change-95.59%
Change since IPO-95.99%

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-3.1%-3.4%0.8%
1Y-93.1%-32.7%7.8%

Return vs Industry: NEW underperformed the Australian Renewable Energy industry which returned -48.7% over the past year.

Return vs Market: NEW underperformed the Australian Market which returned -1.2% over the past year.

Price Volatility

Is NEW's price volatile compared to industry and market?
NEW volatility
NEW Average Weekly Movement20.0%
Renewable Energy Industry Average Movement14.9%
Market Average Movement9.4%
10% most volatile stocks in AU Market17.2%
10% least volatile stocks in AU Market3.9%

Stable Share Price: NEW's share price has been volatile over the past 3 months.

Volatility Over Time: NEW's weekly volatility (20%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2015n/an/awww.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$20.20m
Earnings (TTM)AU$4.59m
Revenue (TTM)AU$7.30m
4.4x
P/E Ratio
2.8x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
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

71.4%
Current Dividend Yield
326%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/03/01 22:00
End of Day Share Price 2023/02/27 00:00
Earnings2022/06/30
Annual Earnings2021/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

New Energy Solar Limited is covered by 2 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Robert KohMorgan Stanley
C. LiMorgan Stanley