SSE (DB:SCT) - Stock Price, News & Analysis

SCT Stock Overview

SSE plc engages in the generation, transmission, distribution, and supply of electricity.

SCT fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	1/6
Past Performance	1/6
Financial Health	3/6
Dividends	2/6

Rewards

Earnings are forecast to grow 12.59% per year

Analysts in good agreement that stock price will rise by 28.3%

Risk Analysis

Profit margins (5%) are lower than last year (9.5%)

Has a high level of debt

Large one-off items impacting financial results

Dividend of 3.7% is not well covered by earnings

SSE plc Competitors

EnBW Energie Baden-Württemberg

XTRA:EBK

€18.0b

Lechwerke

DB:LEC

€2.6b

Uniper

XTRA:UN0

€20.9b

RWE

XTRA:RWE

€23.6b

Price History & Performance

Summary of all time highs, changes and price drops for SSE
Historical stock prices
Current Share Price	UK£18.90
52 Week High	UK£22.40
52 Week Low	UK£17.20
Beta	0.57
1 Month Change	1.07%
3 Month Change	-5.50%
1 Year Change	-8.25%
3 Year Change	10.66%
5 Year Change	45.89%
Change since IPO	36.12%

Recent updates

Shareholder Returns

	SCT	DE Electric Utilities	DE Market
7D	-2.1%	0.2%	-0.8%
1Y	-8.3%	-11.0%	1.0%

Return vs Industry: SCT exceeded the German Electric Utilities industry which returned -11% over the past year.

Return vs Market: SCT underperformed the German Market which returned 1% over the past year.

Price Volatility

Is SCT's price volatile compared to industry and market?
SCT volatility
SCT Average Weekly Movement	4.1%
Electric Utilities Industry Average Movement	3.6%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	9.9%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: SCT has not had significant price volatility in the past 3 months.

Volatility Over Time: SCT's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1989	12,180	Alistair Phillips-Davies	www.sse.com

SSE plc engages in the generation, transmission, distribution, and supply of electricity. It generates electricity from water, gas, coal, oil, and multi fuel. The company distributes electricity to approximately 3.8 million homes and businesses across the north of the central belt of Scotland and central southern England; and owns, operates, and develops high voltage electricity transmission system in the north of Scotland and remote islands.

SSE plc Fundamentals Summary

How do SSE's earnings and revenue compare to its market cap?
SCT fundamental statistics
Market cap	€20.54b
Earnings (TTM)	€675.04m
Revenue (TTM)	€13.60b

30.4x

P/E Ratio

1.5x

P/S Ratio

Is SCT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SCT income statement (TTM)
Revenue	UK£11.65b
Cost of Revenue	UK£9.82b
Gross Profit	UK£1.83b
Other Expenses	UK£1.25b
Earnings	UK£578.40m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

May 22, 2024

Earnings per share (EPS)	0.53
Gross Margin	15.70%
Net Profit Margin	4.96%
Debt/Equity Ratio	80.6%

How did SCT perform over the long term?

See historical performance and comparison

Dividends

3.7%

Current Dividend Yield

164%

Payout Ratio

SCT Stock Overview

Rewards

Risk Analysis

SSE plc Competitors

XTRA:EBK

€18.0b

DB:LEC

€2.6b

XTRA:UN0

€20.9b

XTRA:RWE

€23.6b

Price History & Performance

Recent News & Updates

SSE Thermal Appoints Finlay McCutcheon as the New Managing Director

Now 20% overvalued after recent price rise

High number of new directors

New minor risk - Earnings quality

SSE plc to Report Fiscal Year 2024 Results on May 22, 2024

First half 2024 earnings released: EPS: UK£0.28 (vs UK£0.40 loss in 1H 2023)

Recent updates

SSE Thermal Appoints Finlay McCutcheon as the New Managing Director

Now 20% overvalued after recent price rise

High number of new directors

New minor risk - Earnings quality

SSE plc to Report Fiscal Year 2024 Results on May 22, 2024

First half 2024 earnings released: EPS: UK£0.28 (vs UK£0.40 loss in 1H 2023)

SSE plc Announces Directorate Change

Upcoming dividend of UK£0.68 per share at 5.4% yield

New minor risk - Insider selling

SSE plc Announces Final Dividend for the Year Ending 31 March 2023, Payable 21 September 2023

Full year 2023 earnings released: UK£0.15 loss per share (vs UK£2.42 profit in FY 2022)

SSE plc to Report First Half, 2024 Results on Nov 15, 2023

SSE plc Declares Interim Dividend for the Year ended 31 March 2023

SSE plc Provides Dividend Guidance for the Fiscal Year 2024/25 and 2025/26

Upcoming dividend of UK£0.29 per share

SSE Appoints Catherine Raw to Executive Committee

Ontario Teachers' Pension Plan Board has reached agreement to acquire a 25% stake in Scottish Hydro Electric Transmission plc from SSE plc (LSE:SSE) for £1.5 billion.

First half 2023 earnings released: UK£0.40 loss per share (vs UK£1.04 profit in 1H 2022)

SSE plc, Annual General Meeting, Jul 20, 2023

SSE plc (LSE:SSE) announces an Equity Buyback for 106,767,170 shares, representing 10% of its issued share capital, under the authorization approved on July 21, 2022.

Upcoming dividend of UK£0.60 per share

SSE plc (LSE:SSE) and Equinor ASA (OB:EQNR) entered into an agreement to acquire Triton Power Holdings Ltd from Energy Capital Partners for a total consideration of £340 million.

SSE plc to Report First Half, 2023 Results on Nov 16, 2022

Full year 2022 earnings released: EPS: UK£2.42 (vs UK£2.16 in FY 2021)

Sse plc Announces Final Dividend for the Year Ending March 31, 2022, Payable on September 22, 2022

Sse plc Appoints John Bason as Non-Executive Director, Effective from June 1, 2022

SSE Reportedly in Talks to Acquire Siemens Gamesa Wind Farm Unit

Now 21% undervalued

SSE plc Announces Interim Dividend for the Year Ended 31 March 2022

Now 21% undervalued after recent price drop

Now 21% undervalued after recent price drop

Upcoming dividend of UK£0.26 per share

Elliott Renews Push to Break Up SSE Plc

First half 2022 earnings released: EPS UK£1.04 (vs UK£0.63 in 1H 2021)

First half 2022 earnings released: EPS UK£1.04 (vs UK£0.63 in 1H 2021)

High number of new directors

High number of new directors

SSE Declares No Plans to Break Up

SSE Reportedly Close to Being Split Up After Activist Campaign

Elliott Management Demands the Break-Up of SSE Plc

SSE plc (LSE:SSE) acquired 50MW Battery Storage Asset of Harmony Energy Ltd from Harmony Energy Ltd.

Upcoming dividend of UK£0.57 per share

Full year 2021 earnings released: EPS UK£2.11 (vs UK£0.36 in FY 2020)

Full year 2021 earnings released: EPS UK£2.16 (vs UK£0.41 in FY 2020)

SSE plc Recommends Final Dividend for the Year Ended March 31, 2021, Payable on 23 September 2021

Chairman of the Board Richard Gillingwater has left the company

SSE plc Announces Retirement of Richard Gillingwater as the Chair and Director of the Board, Effective March 31, 2021

European Diversified Infrastructure Fund III managed by First Sentier Investors (Australia) IM Ltd completed the acquisition of 50% stake in 75 MW Multi-fuel facilities at Ferrybridge site and 45 MW facility at Skelton Grange in West Yorkshire from SSE plc (LSE:SSE).

New 90-day high: €17.59

RockRose Energy PLC agreed to acquire an unknown stake in Portfolio of gas exploration and production (E&P) assets in three regions in the North Sea from SSE plc (LSE:SSE) for £120 million.

SSE plc to Report Q3, 2021 Results on Feb 02, 2021

SSE plc Promotes Martin Pibworth to Its Newly Created Role of Group Energy and Commercial Director Effective 1 November 2020

SSE plc Provides Earnings Guidance for the Fiscal 2021

SSE plc Announces Directorate Change

Equitix Limited signed an agreement to acquire Maple TopCo Limited from SSE plc (LSE:SSE), Ontario Teachers' Pension Plan Board and OMERS Infrastructure Management Inc.

New 90-day low - €13.41

Greencoat UK Wind PLC (LSE:UKW) managed by Greencoat Capital LLP agreed to acquire 25.1% stake in Walney (UK) Offshore Windfarms Limited from SSE plc (LSE:SSE) for £350 million.

New 90-day high - €15.85

Shareholder Returns