LSE:FSFL

Stock Analysis Report

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Executive Summary

Foresight Solar Fund Limited (LSE:FSFL) specializes infrastructure investments in new energy and environment with a focus on solar power plants and solar farms. More Details


Snowflake Analysis

Share Price & News

How has Foresight Solar Fund's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

1.5%

FSFL

-2.6%

GB Capital Markets

-1.9%

GB Market


1 Year Return

-12.2%

FSFL

-0.9%

GB Capital Markets

-16.2%

GB Market

Return vs Industry: FSFL underperformed the UK Capital Markets industry which returned 0.1% over the past year.

Return vs Market: FSFL exceeded the UK Market which returned -14.8% over the past year.


Shareholder returns

FSFLIndustryMarket
7 Day1.5%-2.6%-1.9%
30 Day0.5%-0.2%0.7%
90 Day-4.6%-2.6%-4.8%
1 Year-6.8%-12.2%2.5%-0.9%-13.0%-16.2%
3 Year13.2%-5.0%20.7%6.3%-9.4%-20.6%
5 Year37.0%3.5%60.8%31.5%13.5%-12.0%

Price Volatility Vs. Market

How volatile is Foresight Solar Fund's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Foresight Solar Fund undervalued compared to its fair value and its price relative to the market?

1.09x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: FSFL (£1.05) is trading above our estimate of fair value (£0.78)

Significantly Below Fair Value: FSFL is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: FSFL is unprofitable, so we can't compare its PE Ratio to the GB Capital Markets industry average.

PE vs Market: FSFL 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 FSFL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: FSFL is good value based on its PB Ratio (1.1x) compared to the GB Capital Markets industry average (1.3x).

Future Growth

How is Foresight Solar Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.6%

Forecasted Diversified Financials 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 Foresight Solar Fund 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.

Past Performance

How has Foresight Solar Fund performed over the past 5 years?

-17.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FSFL is currently unprofitable.

Growing Profit Margin: FSFL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FSFL is unprofitable, and losses have increased over the past 5 years at a rate of 17.2% per year.

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

Earnings vs Industry: FSFL is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (0.9%).


Return on Equity

High ROE: FSFL has a negative Return on Equity (-8.06%), as it is currently unprofitable.

Financial Health

How is Foresight Solar Fund's financial position?


Financial Position Analysis

Short Term Liabilities: FSFL's short term assets (£84.9M) exceed its short term liabilities (£1.8M).

Long Term Liabilities: FSFL has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: FSFL's debt to equity ratio (0.03%) is considered satisfactory.

Reducing Debt: FSFL's debt to equity ratio has reduced from 9.8% to 0.03% over the past 5 years.

Debt Coverage: FSFL's debt is well covered by operating cash flow (17686.1%).

Interest Coverage: Insufficient data to determine if FSFL's interest payments on its debt are well covered by EBIT.


Balance Sheet

Dividend

What is Foresight Solar Fund current dividend yield, its reliability and sustainability?

6.62%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: FSFL's dividend (6.62%) is higher than the bottom 25% of dividend payers in the UK market (1.83%).

High Dividend: FSFL's dividend (6.62%) is in the top 25% of dividend payers in the UK market (5.32%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, FSFL has been paying a dividend for less than 10 years.

Growing Dividend: FSFL's dividend payments have increased, but the company has only paid a dividend for 6 years.


Current Payout to Shareholders

Dividend Coverage: FSFL is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.

Management

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


CEO

David Hughes

no data

Tenure

Mr. David Hughes serves as Chief Investment Officer and Partner at Foresight Group. Mr. Hughes joined Foresight Group on September 8, 2004. He served with Bank Austria Private Equity and AXA Framlington Gr ...


Ownership

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


Insider Trading Volume

Insider Buying: FSFL insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Foresight Solar Fund Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Foresight Solar Fund Limited
  • Ticker: FSFL
  • Exchange: LSE
  • Founded: 2013
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: UK£634.337m
  • Shares outstanding: 607.02m
  • Website: https://fsfl.foresightgroup.eu

Location

  • Foresight Solar Fund Limited
  • The Shard
  • 32 London Bridge Street
  • London
  • Greater London
  • SE1 9SG
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FSFLLSE (London Stock Exchange)YesOrdinary SharesGBGBPOct 2013
1F5DB (Deutsche Boerse AG)YesOrdinary SharesDEEUROct 2013
FSFLlBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBGBPOct 2013

Biography

Foresight Solar Fund Limited (LSE:FSFL) specializes infrastructure investments in new energy and environment with a focus on solar power plants and solar farms. It seeks to invest in the United Kingdom.


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/21 21:03
End of Day Share Price2020/10/21 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.