JPWR

Jade Power TrustTSXV:JPWR.UN Stock Report

Market Cap

CA$46.2m

7D

25.0%

1Y

25.0%

Updated

18 Sep, 2021

Data

Company Financials
JPWR.UN fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends0/6

JPWR.UN Overview

Jade Power Trust, through its subsidiaries, engages in renewable energy business in Romania, other countries in Europe, and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for Jade Power Trust
Historical stock prices
Current Share PriceCA$0.20
52 Week HighCA$0.10
52 Week LowCA$0.23
Beta1.02
1 Month Change5.26%
3 Month Change0%
1 Year Change25.00%
3 Year Change48.15%
5 Year Change-55.56%
Change since IPO-79.37%

Recent News & Updates

Sep 09
Jade Power Trust (CVE:JPWR.UN) Is Looking To Continue Growing Its Returns On Capital

Jade Power Trust (CVE:JPWR.UN) Is Looking To Continue Growing Its Returns On Capital

If you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...

Jun 23
Increases to Jade Power Trust's (CVE:JPWR.UN) CEO Compensation Might Cool off for now

Increases to Jade Power Trust's (CVE:JPWR.UN) CEO Compensation Might Cool off for now

In the past three years, the share price of Jade Power Trust ( CVE:JPWR.UN ) has struggled to generate growth for its...

Jun 11
Returns On Capital Are Showing Encouraging Signs At Jade Power Trust (CVE:JPWR.UN)

Returns On Capital Are Showing Encouraging Signs At Jade Power Trust (CVE:JPWR.UN)

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...

May 07
Jade Power Trust's (CVE:JPWR.UN) Conservative Accounting Might Explain Soft Earnings

Jade Power Trust's (CVE:JPWR.UN) Conservative Accounting Might Explain Soft Earnings

Jade Power Trust's ( CVE:JPWR.UN ) earnings announcement last week didn't impress shareholders. Despite the soft profit...

Shareholder Returns

JPWR.UNCA Renewable EnergyCA Market
7D25.0%-0.8%-0.6%
1Y25.0%19.2%28.9%

Return vs Industry: JPWR.UN exceeded the Canadian Renewable Energy industry which returned 19.2% over the past year.

Return vs Market: JPWR.UN underperformed the Canadian Market which returned 29% over the past year.

Price Volatility

Is JPWR.UN's price volatile compared to industry and market?
JPWR.UN volatility
JPWR.UN Beta1.02
Industry Beta0.62
Market Beta1

Stable Share Price: JPWR.UN is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: JPWR.UN's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2014n/aJ. Eadiehttps://www.jadepower.com

Jade Power Trust, through its subsidiaries, engages in renewable energy business in Romania, other countries in Europe, and internationally. The company generates and sells electricity to electricity buyers in Romania. It owns and operates two wind projects, two photovoltaic solar power production plants, and two hydro-electric generation facilities.

Jade Power Trust Fundamentals Summary

How do Jade Power Trust's earnings and revenue compare to its market cap?
JPWR.UN fundamental statistics
Market CapCA$46.24m
Earnings (TTM)CA$4.56m
Revenue (TTM)CA$17.97m

10.1x

P/E Ratio

2.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
JPWR.UN income statement (TTM)
RevenueCA$17.97m
Cost of RevenueCA$5.90m
Gross ProfitCA$12.07m
ExpensesCA$7.51m
EarningsCA$4.56m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.02
Gross Margin67.17%
Net Profit Margin25.37%
Debt/Equity Ratio0%

How did JPWR.UN perform over the long term?

See historical performance and comparison

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: JPWR.UN (CA$0.2) is trading below our estimate of fair value (CA$0.79)

Significantly Below Fair Value: JPWR.UN is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: JPWR.UN is good value based on its PE Ratio (10.1x) compared to the Canadian Renewable Energy industry average (10.7x).

PE vs Market: JPWR.UN is good value based on its PE Ratio (10.1x) compared to the Canadian market (12.9x).


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 (1x) compared to the CA Renewable Energy industry average (2.4x).


Future Growth

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

60.2%

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.


Past Performance

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

47.2%

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 (25.4%) are lower than last year (32.1%).


Past Earnings Growth Analysis

Earnings Trend: JPWR.UN has become profitable over the past 5 years, growing earnings by 47.2% 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 (-25.1%) over the past year, making it difficult to compare to the Renewable Energy industry average (-25.1%).


Return on Equity

High ROE: JPWR.UN's Return on Equity (9.8%) is considered low.


Financial Health

How is Jade Power Trust's financial position?


Financial Position Analysis

Short Term Liabilities: JPWR.UN's short term assets (CA$15.9M) exceed its short term liabilities (CA$9.0M).

Long Term Liabilities: JPWR.UN's short term assets (CA$15.9M) do not cover its long term liabilities (CA$18.9M).


Debt to Equity History and Analysis

Debt Level: JPWR.UN is debt free.

Reducing Debt: JPWR.UN has no debt compared to 5 years ago when its debt to equity ratio was 268.3%.

Debt Coverage: JPWR.UN has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: JPWR.UN has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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?

4.7yrs

Average board tenure


CEO

J. Eadie

no data

Tenure

CA$530,967

Compensation

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


CEO Compensation Analysis

Compensation vs Market: J.'s total compensation ($USD416.48K) is above average for companies of similar size in the Canadian market ($USD161.22K).

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


Board Members

Experienced Board: JPWR.UN's board of directors are considered experienced (4.7 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 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$46.243m
  • Shares outstanding: 231.22m
  • Website: https://www.jadepower.com

Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/18 22:15
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.