DB:GPO

Stock Analysis Report

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Executive Summary

Genex Power Limited engages in the generation and storage of renewable energy in Australia.


Snowflake Analysis

Slightly overvalued with concerning outlook.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

GPO

3.8%

DE Renewable Energy

2.7%

DE Market


1 Year Return

-17.3%

GPO

14.3%

DE Renewable Energy

0.2%

DE Market

Return vs Industry: GPO underperformed the German Renewable Energy industry which returned 14.3% over the past year.

Return vs Market: GPO underperformed the German Market which returned 0.2% over the past year.


Shareholder returns

GPOIndustryMarket
7 Day0%3.8%2.7%
30 Day-13.1%3.9%3.7%
90 Day65.0%35.0%28.3%
1 Year-17.3%-17.3%19.2%14.3%2.3%0.2%
3 Year-20.4%-20.4%98.4%78.7%4.0%-4.5%
5 Yearn/a104.9%82.0%14.9%-0.3%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Genex Power 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: GPO (€0.11) is trading below our estimate of fair value (€0.53)

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


Price To Earnings Ratio

PE vs Industry: GPO is unprofitable, so we can't compare its PE Ratio to the Renewable Energy industry average.

PE vs Market: GPO is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: GPO is overvalued based on its PB Ratio (3.9x) compared to the DE Renewable Energy industry average (1.8x).


Next Steps

Future Growth

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

51.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GPO is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: GPO is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: GPO is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: GPO's revenue (12.7% per year) is forecast to grow faster than the German market (5.9% per year).

High Growth Revenue: GPO's revenue (12.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: GPO is forecast to be unprofitable in 3 years.


Next Steps

Past Performance

How has Genex Power performed over the past 5 years?

-9.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GPO is currently unprofitable.

Growing Profit Margin: GPO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GPO is unprofitable, and losses have increased over the past 5 years at a rate of -9.3% per year.

Accelerating Growth: Unable to compare GPO's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GPO is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (28.6%).


Return on Equity

High ROE: GPO has a negative Return on Equity (-56.52%), as it is currently unprofitable.


Next Steps

Financial Health

How is Genex Power's financial position?


Financial Position Analysis

Short Term Liabilities: GPO's short term assets (A$19.6M) exceed its short term liabilities (A$6.2M).

Long Term Liabilities: GPO's short term assets (A$19.6M) do not cover its long term liabilities (A$138.3M).


Debt to Equity History and Analysis

Debt Level: GPO's debt to equity ratio (579.9%) is considered high.

Reducing Debt: GPO's debt to equity ratio has increased from 0.9% to 579.9% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: GPO has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if GPO has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate GPO'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 GPO's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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


Next Steps

Management

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

5.0yrs

Average management tenure


CEO

James Harding

2.17yrs

Tenure

AU$488,174

Compensation

Mr. James William, BA Hons (Cantab), MA (Cantab), MBA, Harding has been chief Executive Officer of Genex Power Ltd since May 7, 2018. Mr. Harding served as an Executive General Manager of Genex Power Limit ...


CEO Compensation Analysis

Compensation vs Market: James's total compensation ($USD337.65K) is about average for companies of similar size in the German market ($USD476.27K).

Compensation vs Earnings: James's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
James Harding
Chief Executive Officer2.17yrsAU$488.17kno data
Ben Guo
Finance Director & Executive Director6.75yrsAU$416.10k0.54% A$267.1k
Arran McGhie
?Chief Operations Officer5yrsAU$384.40kno data
Simon R. Kidston
Executive Director6.92yrsAU$416.10k4.59% A$2.3m
Justin Clyne
Company Secretary6.33yrsAU$60.98kno data

5.0yrs

Average Tenure

Experienced Management: GPO's management team is seasoned and experienced (5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ben Guo
Finance Director & Executive Director6.75yrsAU$416.10k0.54% A$267.1k
Simon R. Kidston
Executive Director6.92yrsAU$416.10k4.59% A$2.3m
Michael Addison
Non-Executive Director9yrsAU$329.49k6.1% A$3.0m
Ralph Craven
Independent Non-Executive Chairman5.17yrsAU$153.30k0.10% A$49.6k
Yongqing Yu
Non-Executive Director4.42yrsno datano data
Teresa Dyson
Independent Non-Executive Director2.17yrsAU$78.84k0.033% A$16.2k
Kenichi Seshimo
Director0.83yrno datano data

5.2yrs

Average Tenure

58yo

Average Age

Experienced Board: GPO's board of directors are considered experienced (5.2 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: GPO insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.8%.


Top Shareholders

Company Information

Genex Power Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Genex Power Limited
  • Ticker: GPO
  • Exchange: DB
  • Founded: 2011
  • Industry: Renewable Electricity
  • Sector: Utilities
  • Market Cap: AU$80.368m
  • Listing Market Cap: AU$49.445m
  • Shares outstanding: 401.84m
  • Website: https://www.genexpower.com.au

Location

  • Genex Power Limited
  • 28 O'Connell Street
  • Suite 6.02
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GNXASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJul 2015
GNXCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJul 2015
GPODB (Deutsche Boerse AG)YesOrdinary SharesDEEURJul 2015

Biography

Genex Power Limited engages in the generation and storage of renewable energy in Australia. It generates power through hydro and solar projects. The company was formerly known as Allied Resources Limited and changed its name to Genex Power Limited in August 2013. Genex Power Limited was incorporated in 2011 and is based in Sydney, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/02 22:30
End of Day Share Price2020/07/02 00:00
Earnings2019/12/31
Annual Earnings2019/06/30


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.