Ceres Power Holdings
Market Cap
UK£1.3b
Last Updated
2020/10/24 21:51 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. More Details
Rewards
Risk Analysis
Currently unprofitable and not forecast to become profitable over the next 3 years
Snowflake Analysis
Flawless balance sheet with concerning outlook.
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
Stable Share Price: CWR's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
5.6%
CWR
2.4%
GB Electrical
0.07%
GB Market
1 Year Return
249.5%
CWR
-6.4%
GB Electrical
-15.4%
GB Market
Return vs Industry: CWR exceeded the UK Electrical industry which returned -6.4% over the past year.
Return vs Market: CWR exceeded the UK Market which returned -15.4% over the past year.
Shareholder returns
| CWR | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.6% | 2.4% | 0.07% |
| 30 Day | 34.7% | 18.3% | 2.2% |
| 90 Day | 63.1% | 27.0% | -2.1% |
| 1 Year | 249.5%249.5% | -6.3%-6.4% | -12.1%-15.4% |
| 3 Year | 475.7%475.7% | -10.7%-14.3% | -8.4%-19.7% |
| 5 Year | 817.5%817.5% | 186.5%-87.6% | 16.4%-9.7% |
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
9 months ago | Simply Wall St
Ceres Power Holdings (LON:CWR) Is In A Strong Position To Grow Its Business10 months ago | Simply Wall St
Is Ceres Power Holdings plc's (LON:CWR) CEO Being Overpaid?11 months ago | Simply Wall St
Ceres Power Holdings plc (LON:CWR) Is Expected To BreakevenValuation
Is Ceres Power Holdings undervalued compared to its fair value and its price relative to the market?
9.32x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate CWR's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate CWR's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: CWR is unprofitable, so we can't compare its PE Ratio to the GB 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
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 (9.3x) compared to the GB Electrical industry average (2.1x).
Next Steps
Future Growth
How is Ceres Power Holdings forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
10.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CWR is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: CWR is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: CWR is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: CWR's revenue (17% per year) is forecast to grow faster than the UK market (6% per year).
High Growth Revenue: CWR's revenue (17% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
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?
14.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CWR is currently unprofitable.
Growing Profit Margin: CWR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CWR is unprofitable, but has reduced losses over the past 5 years at a rate of 14.3% 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 (-13.9%).
Return on Equity
High ROE: CWR has a negative Return on Equity (-5.67%), as it is currently unprofitable.
Next Steps
Financial Health
How is Ceres Power Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: CWR's short term assets (£119.9M) exceed its short term liabilities (£8.6M).
Long Term Liabilities: CWR's short term assets (£119.9M) exceed its long term liabilities (£4.9M).
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
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: CWR has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 7.4% each year
Next Steps
Dividend
What is Ceres Power Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CWR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CWR'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 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
How experienced are the management team and are they aligned to shareholders interests?
5.6yrs
Average management tenure
CEO
Phil Caldwell (50 yo)
7.08yrs
Tenure
UK£424,035
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 ($USD553.23K) is below average for companies of similar size in the UK market ($USD1.76M).
Compensation vs Earnings: Phil's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 7.08yrs | UK£424.04k | 0.035% £ 444.5k | |
| CFO, Finance Director & Executive Director | 7.67yrs | UK£209.98k | 0.035% £ 437.8k | |
| Chief Technology Officer | 6yrs | UK£145.43k | 0.023% £ 292.9k | |
| Chief Operating Officer | 0.17yr | no data | no data | |
| Chief Commercial Officer | 5.17yrs | no data | no data | |
| Company Secretary | no data | no data | no data |
5.6yrs
Average Tenure
50yo
Average Age
Experienced Management: CWR's management team is seasoned and experienced (5.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 7.08yrs | UK£424.04k | 0.035% £ 444.5k | |
| CFO, Finance Director & Executive Director | 7.67yrs | UK£209.98k | 0.035% £ 437.8k | |
| Independent Non-Executive Chairman | 0.33yr | no data | no data | |
| Independent Non-Executive Director | 5.67yrs | UK£40.00k | 0.015% £ 194.7k | |
| Senior Independent Director | 6.58yrs | UK£40.00k | 0.082% £ 1.0m | |
| Non-Executive Director | 0.33yr | no data | no data | |
| Independent Non-Executive Director | 2yrs | UK£30.00k | no data | |
| Non-Executive Director | 0.33yr | no data | no data |
3.8yrs
Average Tenure
59yo
Average Age
Experienced Board: CWR's board of directors are considered experienced (3.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CWR 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 11.9%.
Top Shareholders
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£1.258b
- Shares outstanding: 171.43m
- Website: https://www.ceres.tech
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 | 2020/10/24 21:51 |
| End of Day Share Price | 2020/10/23 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/06/30 |
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.