TSXV:JPWR.UN

Stock Analysis Report

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Executive Summary

Jade Power Trust engages in the renewable energy business in Romania, other countries in Europe, and internationally. More Details


Snowflake Analysis

Excellent balance sheet and fair value.

Share Price & News

How has Jade Power Trust's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: JPWR.UN is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: JPWR.UN's weekly volatility has decreased from 19% to 12% over the past year.


Market Performance


7 Day Return

-5.6%

JPWR.UN

4.3%

CA Renewable Energy

-0.2%

CA Market


1 Year Return

n/a

JPWR.UN

63.8%

CA Renewable Energy

2.4%

CA Market

Return vs Industry: Insufficient data to determine how JPWR.UN performed against the Canadian Renewable Energy industry.

Return vs Market: Insufficient data to determine how JPWR.UN performed against the Canadian Market.


Shareholder returns

JPWR.UNIndustryMarket
7 Day-5.6%4.3%-0.2%
30 Day25.9%9.2%2.8%
90 Day21.4%27.6%15.1%
1 Yearn/a70.3%63.8%6.1%2.4%
3 Year-56.4%-56.4%156.4%122.0%14.7%3.8%
5 Year-68.3%-71.2%250.9%174.7%62.6%37.5%

Long-Term Price Volatility Vs. Market

How volatile is Jade Power Trust's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Jade Power Trust undervalued compared to its fair value and its price relative to the market?

7.11x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: JPWR.UN (CA$0.17) is trading above our estimate of fair value (CA$0.02)

Significantly Below Fair Value: JPWR.UN is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: JPWR.UN is good value based on its PE Ratio (7.1x) compared to the CA Renewable Energy industry average (20.5x).

PE vs Market: JPWR.UN is good value based on its PE Ratio (7.1x) compared to the Canadian market (16.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate JPWR.UN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: JPWR.UN is good value based on its PB Ratio (0.8x) compared to the CA Renewable Energy industry average (2.6x).


Next Steps

Future Growth

How is Jade Power Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

28.5%

Forecasted Utilities industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Jade Power Trust has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Jade Power Trust performed over the past 5 years?

31.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JPWR.UN has high quality earnings.

Growing Profit Margin: JPWR.UN's current net profit margins (27.4%) are lower than last year (79.9%).


Past Earnings Growth Analysis

Earnings Trend: JPWR.UN has become profitable over the past 5 years, growing earnings by 31.9% per year.

Accelerating Growth: JPWR.UN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: JPWR.UN had negative earnings growth (-59.7%) over the past year, making it difficult to compare to the Renewable Energy industry average (20.7%).


Return on Equity

High ROE: JPWR.UN's Return on Equity (11.6%) is considered low.


Next Steps

Financial Health

How is Jade Power Trust's financial position?


Financial Position Analysis

Short Term Liabilities: JPWR.UN's short term assets (CA$16.3M) exceed its short term liabilities (CA$11.6M).

Long Term Liabilities: JPWR.UN's short term assets (CA$16.3M) do not cover its long term liabilities (CA$24.0M).


Debt to Equity History and Analysis

Debt Level: JPWR.UN's debt to equity ratio (6.6%) is considered satisfactory.

Reducing Debt: JPWR.UN's debt to equity ratio has reduced from 187.1% to 6.6% over the past 5 years.

Debt Coverage: JPWR.UN's debt is well covered by operating cash flow (96.5%).

Interest Coverage: JPWR.UN's interest payments on its debt are well covered by EBIT (4.2x coverage).


Balance Sheet


Next Steps

Dividend

What is Jade Power Trust current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate JPWR.UN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate JPWR.UN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if JPWR.UN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if JPWR.UN's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: JPWR.UN is not paying a notable dividend for the Canadian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of JPWR.UN's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.0yrs

Average board tenure


CEO

J. Eadie

no data

Tenure

CA$453,158

Compensation

Mr. J. Colter Eadie serves as Chief Executive Officer of Transeastern Power Trust (now known as Jade Power Trust) and has been its Director since October 22, 2013. Mr. Eadie serves as the Chief Executive O...


CEO Compensation Analysis

Compensation vs Market: J.'s total compensation ($USD355.20K) is above average for companies of similar size in the Canadian market ($USD152.60K).

Compensation vs Earnings: J.'s compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Ravi Sood
Executive Chairmanno dataCA$250.00k1.4%
CA$ 549.9k
J. Eadie
CEO & Directorno dataCA$453.16k0.086%
CA$ 34.0k
David Barclay
Independent Director2.42yrsCA$42.50kno data
John M. Huxley
Independent Director7.25yrsCA$50.00k0.31%
CA$ 121.4k
Amar Bhalla
Independent Director5.58yrsCA$42.50kno data
William Steers
Independent Director2.42yrsCA$40.00k0.17%
CA$ 68.0k
Gabriel Mihai
Independent Director0.58yrno datano data

4.0yrs

Average Tenure

57yo

Average Age

Experienced Board: JPWR.UN's board of directors are considered experienced (4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Jade Power Trust's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Jade Power Trust
  • Ticker: JPWR.UN
  • Exchange: TSXV
  • Founded: 2014
  • Industry: Renewable Electricity
  • Sector: Utilities
  • Market Cap: CA$39.356m
  • Shares outstanding: 231.51m
  • Website: https://www.jadepower.com

Location

  • Jade Power Trust
  • Brookfield Place
  • Suite 1800
  • Toronto
  • Ontario
  • M5J 2T9
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JPWR.UNTSXV (TSX Venture Exchange)YesTrust UnitsCACADJun 2014
TNST.FOTCPK (Pink Sheets LLC)YesTrust UnitsUSUSDJun 2014
B8ZDB (Deutsche Boerse AG)YesTrust UnitsDEEURJun 2014

Biography

Jade Power Trust engages in the renewable energy business in Romania, other countries in Europe, and internationally. The company generates and sells electricity to electricity buyers in Romania. It owns a...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/26 00:14
End of Day Share Price2021/01/25 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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 here.