LSE:GRID

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Gresham House Energy Storage Fund

Executive Summary

Rewards


Snowflake Analysis

Share Price & News

How has Gresham House Energy Storage Fund's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GRID is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 1% a week.

Volatility Over Time: GRID's weekly volatility (1%) has been stable over the past year.


Market Performance


7 Day Return

0.4%

GRID

0.5%

GB Capital Markets

-0.2%

GB Market


1 Year Return

6.1%

GRID

14.4%

GB Capital Markets

1.1%

GB Market

Return vs Industry: GRID underperformed the UK Capital Markets industry which returned 14.4% over the past year.

Return vs Market: GRID exceeded the UK Market which returned 1.1% over the past year.


Shareholder returns

GRIDIndustryMarket
7 Day0.4%0.5%-0.2%
30 Day-0.4%5.3%3.6%
90 Day0.9%7.8%4.2%
1 Year11.4%6.1%18.0%14.4%7.0%1.1%
3 Yearn/a53.2%35.9%10.6%-2.7%
5 Yearn/a119.4%82.7%40.5%13.4%

Long-Term Price Volatility Vs. Market

How volatile is Gresham House Energy Storage Fund's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Gresham House Energy Storage Fund undervalued compared to its fair value and its price relative to the market?

22.66x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: GRID (£1.13) is trading above our estimate of fair value (£0.26)

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


Price To Earnings Ratio

PE vs Industry: GRID is poor value based on its PE Ratio (22.7x) compared to the GB Capital Markets industry average (21.1x).

PE vs Market: GRID is good value based on its PE Ratio (22.7x) compared to the UK market (24.3x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: GRID is good value based on its PB Ratio (1.1x) compared to the GB Capital Markets industry average (1.6x).

Future Growth

How is Gresham House Energy Storage Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

24.5%

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 Gresham House Energy Storage 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 Gresham House Energy Storage Fund performed over the past 5 years?

10.8%

Historical Diversified Financials annual earnings growth


Earnings and Revenue History

Quality Earnings: GRID has high quality earnings.

Growing Profit Margin: Insufficient data to determine if GRID's profit margins have improved over the past year.


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if GRID's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

Accelerating Growth: Unable to compare GRID's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.

Earnings vs Industry: Insufficient data to determine if GRID's earnings growth over the past year exceeded the Capital Markets industry average.


Return on Equity

High ROE: GRID's Return on Equity (2.8%) is considered low.

Financial Health

How is Gresham House Energy Storage Fund's financial position?


Financial Position Analysis

Short Term Liabilities: GRID's short term assets (£70.1M) exceed its short term liabilities (£2.5M).

Long Term Liabilities: GRID has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: GRID is debt free.

Reducing Debt: GRID has not had any debt for past 5 years.

Debt Coverage: GRID has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: GRID has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Dividend

What is Gresham House Energy Storage Fund current dividend yield, its reliability and sustainability?

6.22%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: GRID's dividend (6.22%) is higher than the bottom 25% of dividend payers in the UK market (1.47%).

High Dividend: GRID's dividend (6.22%) is in the top 25% of dividend payers in the UK market (4.48%)


Stability and Growth of Payments

Stable Dividend: GRID has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: GRID's dividend payments have increased, but the company has only paid a dividend for 2 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (68%), GRID's dividend payments are covered by earnings.


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

Gresham House Energy Storage Fund has no CEO, or we have no data on them.


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 70.6%.


Top Shareholders

Company Information

Gresham House Energy Storage Fund plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Gresham House Energy Storage Fund plc
  • Ticker: GRID
  • Exchange: LSE
  • Founded: 2018
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: UK£392.126m
  • Shares outstanding: 348.56m

Location

  • Gresham House Energy Storage Fund plc
  • Octagon Point
  • 5 Cheapside
  • London
  • Greater London
  • EC2V 6AA
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GRIDLSE (London Stock Exchange)YesOrdinary SharesGBGBPNov 2018

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/03 18:39
End of Day Share Price2021/03/03 00:00
Earnings2019/12/31
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.