Jade Power Trust
Market Cap
CA$39.4m
Last Updated
2021/01/26 00:14 UTC
Data Sources
Company Financials
Executive Summary
Jade Power Trust engages in the renewable energy business in Romania, other countries in Europe, and internationally. More Details
Rewards
Risk Analysis
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.UN | Industry | Market | |
|---|---|---|---|
| 7 Day | -5.6% | 4.3% | -0.2% |
| 30 Day | 25.9% | 9.2% | 2.8% |
| 90 Day | 21.4% | 27.6% | 15.1% |
| 1 Year | n/a | 70.3%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
1 week ago | Simply Wall St
Is Jade Power Trust's(CVE:JPWR.UN) Recent Stock Performance Tethered To Its Strong Fundamentals?1 month ago | Simply Wall St
A Look At Jade Power Trust's (CVE:JPWR.UN) CEO Remuneration2 months ago | Simply Wall St
Jade Power Trust's (CVE:JPWR.UN) Prospects Need A Boost To Lift SharesValuation
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
- Examine whether Jade Power Trust is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Jade Power Trust competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Utilities industry.
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | no data | CA$250.00k | 1.4% CA$ 549.9k | |
| CEO & Director | no data | CA$453.16k | 0.086% CA$ 34.0k | |
| Independent Director | 2.42yrs | CA$42.50k | no data | |
| Independent Director | 7.25yrs | CA$50.00k | 0.31% CA$ 121.4k | |
| Independent Director | 5.58yrs | CA$42.50k | no data | |
| Independent Director | 2.42yrs | CA$40.00k | 0.17% CA$ 68.0k | |
| Independent Director | 0.58yr | no data | no 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| JPWR.UN | TSXV (TSX Venture Exchange) | Yes | Trust Units | CA | CAD | Jun 2014 |
| TNST.F | OTCPK (Pink Sheets LLC) | Yes | Trust Units | US | USD | Jun 2014 |
| B8Z | DB (Deutsche Boerse AG) | Yes | Trust Units | DE | EUR | Jun 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/26 00:14 |
| End of Day Share Price | 2021/01/25 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.