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GRID

Gresham House Energy Storage FundLSE:GRID Stock Report

Last Price

UK£1.32

Market Cap

UK£575.8m

7D

-0.2%

1Y

16.1%

Updated

17 Jan, 2022

Data

Company Financials
GRID fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends3/6

GRID Stock Overview

No business description

Price History & Performance

Summary of all time highs, changes and price drops for Gresham House Energy Storage Fund
Historical stock prices
Current Share PriceUK£1.32
52 Week HighUK£1.34
52 Week LowUK£1.10
Beta0.36
1 Month Change1.15%
3 Month Change2.53%
1 Year Change16.08%
3 Year Change27.91%
5 Year Changen/a
Change since IPO27.91%

Recent News & Updates

Shareholder Returns

GRIDGB Capital MarketsGB Market
7D-0.2%-0.7%-0.5%
1Y16.1%-1.9%8.7%

Return vs Industry: GRID exceeded the UK Capital Markets industry which returned -1.9% over the past year.

Return vs Market: GRID exceeded the UK Market which returned 8.7% over the past year.

Price Volatility

Is GRID's price volatile compared to industry and market?
GRID volatility
GRID Average Weekly Movement1.8%
Capital Markets Industry Average Movement4.1%
Market Average Movement5.0%
10% most volatile stocks in GB Market10.5%
10% least volatile stocks in GB Market2.4%

Stable Share Price: GRID is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: GRID's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/an/a

Gresham House Energy Storage Fund Fundamentals Summary

How do Gresham House Energy Storage Fund's earnings and revenue compare to its market cap?
GRID fundamental statistics
Market CapUK£575.76m
Earnings (TTM)UK£55.47m
Revenue (TTM)UK£60.66m

10.4x

P/E Ratio

9.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GRID income statement (TTM)
RevenueUK£60.66m
Cost of RevenueUK£0
Gross ProfitUK£60.66m
ExpensesUK£5.19m
EarningsUK£55.47m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.13
Gross Margin100.00%
Net Profit Margin91.45%
Debt/Equity Ratio0.0%

How did GRID perform over the long term?

See historical performance and comparison

Dividends

5.3%

Current Dividend Yield

38%

Payout Ratio

Valuation

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

10.4x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: GRID (£1.32) is trading above our estimate of fair value (£1.2)

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


Price To Earnings Ratio

PE vs Industry: GRID is good value based on its PE Ratio (10.4x) compared to the UK Capital Markets industry average (11x).

PE vs Market: GRID is good value based on its PE Ratio (10.4x) compared to the UK market (19.5x).


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's PB Ratio (1.5x) is in line with the GB Capital Markets industry average.

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?

8.8%

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?

354.9%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: GRID has a high level of non-cash earnings.

Growing Profit Margin: GRID's current net profit margins (91.5%) are higher than last year (75.4%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if GRID's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare GRID's past year earnings growth to its 5-year average.

Earnings vs Industry: GRID earnings growth over the past year (354.9%) exceeded the Capital Markets industry 66.7%.


Return on Equity

High ROE: GRID's Return on Equity (14.5%) 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 (£61.6M) exceed its short term liabilities (£1.1M).

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?

5.31%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: GRID's dividend (5.31%) is higher than the bottom 25% of dividend payers in the UK market (1.39%).

High Dividend: GRID's dividend (5.31%) is in the top 25% of dividend payers in the UK market (4.05%)


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 3 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (38.2%), GRID's dividend payments are well 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: GRID 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 diluted in the past year, with total shares outstanding growing by 25.6%.


Top Shareholders

Company Information

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


Key Information

  • Name: Gresham House Energy Storage Fund plc
  • Ticker: GRID
  • Exchange: LSE
  • Founded: NaN
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Implied Market Cap: UK£575.762m
  • Shares outstanding: 437.84m

Location

  • Gresham House Energy Storage Fund plc
  • 80 Cheapside
  • London
  • EC2V 6EE
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/17 18:51
End of Day Share Price2022/01/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.