Ceres Power Holdings
Market Cap
UK£324.6m
Last Updated
2019/10/17 20:32 UTC
Data Sources
Company Financials +
Executive Summary
Ceres Power Holdings plc, a fuel cell technology and engineering company, engages in the development and commercialization of fuel cell technology in North America, Asia, and Europe.
Snowflake
Fundamentals
Excellent balance sheet with reasonable growth potential.
Similar Companies
Share Price & News
How has Ceres Power Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-1.4%
CWR
6.1%
GB Electrical
1.7%
GB Market
1 Year Return
21.5%
CWR
23.5%
GB Electrical
2.9%
GB Market
Return vs Industry: CWR matched the UK Electrical industry which returned 23.5% over the past year.
Return vs Market: CWR exceeded the UK Market which returned 2.9% over the past year.
Shareholder returns
| CWR | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.4% | 6.1% | 1.7% |
| 30 Day | 7.6% | 1.9% | -0.7% |
| 90 Day | 6.0% | 12.2% | -1.8% |
| 1 Year | 21.5%21.5% | 26.3%23.5% | 8.0%2.9% |
| 3 Year | 101.9%101.9% | 21.1%14.9% | 18.2%3.8% |
| 5 Year | 153.1%153.1% | 229.4%-87.2% | 35.6%6.1% |
Price Volatility Vs. Market
How volatile is Ceres Power Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
We're Excited To See How Ceres Power Holdings (LON:CWR) Uses Its Cash Hoard To Grow1 month ago | Simply Wall St
Does Ceres Power Holdings plc's (LON:CWR) CEO Salary Compare Well With Others?2 months ago | Simply Wall St
Ceres Power Holdings (LON:CWR) Shareholders Have Enjoyed An Impressive 128% Share Price GainValuation
Is Ceres Power Holdings undervalued compared to its fair value and its price relative to the market?
3.84x
Price to Book (PB) ratio
Share Price vs. Fair Value
Undervalued: CWR (£2.12) is trading above our estimate of fair value (£1.21)
Significantly Undervalued: CWR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CWR is unprofitable, so we can't compare its PE Ratio to the Electrical industry average.
PE vs Market: CWR is unprofitable, so we can't compare its PE Ratio to the UK market.
Price to Earnings Growth Ratio
Low PEG Ratio: Insufficient data to calculate CWR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CWR is overvalued based on its PB Ratio (3.8x) compared to the GB Electrical industry average (1.7x).
Next Steps
Future Growth
How is Ceres Power Holdings forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
64.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CWR is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.2%).
Earnings vs Market: CWR is forecast to become profitable over the next 3 year, which is considered above average market growth.
High Growth Earnings: CWR's loss is forecast to worsen by 0% next year.
Revenue vs Market: CWR's revenue (13.2% per year) is forecast to grow faster than the UK market (3.9% per year).
High Growth Revenue: CWR's revenue (13.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: CWR is forecast to be unprofitable in 3 years.
Next Steps
Past Performance
How has Ceres Power Holdings performed over the past 5 years?
5.1%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: CWR is unprofitable, but has reduced losses over the past 5 years at a rate of 5.1% per year.
Accelerating Growth: Unable to compare CWR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CWR is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (0.2%).
Return on Equity
High ROE: CWR has a negative Return on Equity (-5.72%), as it is currently unprofitable.
Return on Assets
ROA vs Industry: CWR is currently unprofitable, so its Return on Assets is negative.
Return on Capital Employed
ROCE Improving: CWR is currently unprofitable, so its Return on Capital Employed is negative.
Next Steps
Financial Health
How is Ceres Power Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: CWR's short term assets (£81.4M) exceeds its short term liabilities (£7.5M)
Long Term Liabilities: CWR's short term assets (81.4M) exceeds its long term liabilities (1.3M)
Debt to Equity History and Analysis
Debt Level: CWR is debt free.
Reducing Debt: CWR has not had any debt for past 5 years.
Balance Sheet
Inventory Level: CWR has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if CWR's debt is covered by short term assets.
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: CWR has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if CWR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Next Steps
Dividend
What is Ceres Power Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: Unable to evaluate CWR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate CWR's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stable Dividend: Insufficient data to determine if CWR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CWR'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 CWR's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
Next Steps
Management
What is the CEO of Ceres Power Holdings's salary, the management and board of directors tenure and is there insider trading?
4.6yrs
Average management tenure
CEO
Phil Caldwell (49yo)
6.1yrs
Tenure
UK£320,619
Compensation
Mr. Philip Joseph Caldwell, also known as Phil, has been the Chief Executive Officer of Ceres Power Holdings PLC since September 2, 2013. Mr. Caldwell serves as Corporate Development Director of Intelligen ...
CEO Compensation Analysis
Compensation vs. Market: Phil's total compensation ($USD412.46K) is below average for companies of similar size in the UK market ($USD875.32K).
Compensation vs Earnings: Phil's compensation has increased whilst the company is unprofitable.
Management Age and Tenure
4.6yrs
Average Tenure
49yo
Average Age
Experienced Management: CWR's management team is considered experienced (4.6 years average tenure).
Board Age and Tenure
5.8yrs
Average Tenure
57yo
Average Age
Experienced Board: CWR's board of directors are considered experienced (5.8 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Management Team
Richard Preston (49yo)
CFO, Finance Director & Executive Director
- Tenure: 6.7yrs
- Compensation: UK£198.52k
Tony Cochrane
Chief Commercial Officer
- Tenure: 4.2yrs
Mark Selby (42yo)
Chief Technology Officer
- Tenure: 5yrs
- Compensation: UK£180.73k
Phil Caldwell (49yo)
CEO & Executive Director
- Tenure: 6.1yrs
- Compensation: UK£320.62k
James Falla
Chief Operating Officer
- Tenure: 4.6yrs
Caroline Buchan
Company Secretary
- Tenure: 3yrs
Board Members
AJ Aubrey (57yo)
Non-Executive Chairman
- Tenure: 6.8yrs
- Compensation: UK£45.00k
Aidan Hughes (58yo)
Non-Executive Director
- Tenure: 4.7yrs
- Compensation: UK£40.00k
Steve Callaghan (58yo)
Senior Independent Director
- Tenure: 5.6yrs
- Compensation: UK£40.00k
Richard Preston (49yo)
CFO, Finance Director & Executive Director
- Tenure: 6.7yrs
- Compensation: UK£198.52k
Robert Trezona
Non-Executive Director
- Tenure: 6.8yrs
- Compensation: UK£40.00k
Phil Caldwell (49yo)
CEO & Executive Director
- Tenure: 6.1yrs
- Compensation: UK£320.62k
Caroline Hargrove (51yo)
Non Executive Director
- Tenure: 1yrs
Haoran Hu (63yo)
Non-Executive Director
- Tenure: 0.8yrs
Company Information
Ceres Power Holdings plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Ceres Power Holdings plc
- Ticker: CWR
- Exchange: AIM
- Founded: 2001
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Market Cap: UK£324.631m
- Shares outstanding: 153.13m
- Website: https://www.cerespower.com
Number of Employees
Location
- Ceres Power Holdings plc
- Viking House
- Foundry Lane
- Horsham
- West Sussex
- RH13 5PX
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CWR | AIM (London Stock Exchange AIM Market) | Yes | Ordinary Shares | GB | GBP | Nov 2004 |
| CFJA | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Nov 2004 |
| CPWH.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Nov 2004 |
Biography
Ceres Power Holdings plc, a fuel cell technology and engineering company, engages in the development and commercialization of fuel cell technology in North America, Asia, and Europe. The company offers Ste ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/17 20:32 |
| End of Day Share Price | 2019/10/17 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/06/30 |
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.