GRID Stock Overview
No business description
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£1.32|
|52 Week High||UK£1.34|
|52 Week Low||UK£1.10|
|1 Month Change||1.15%|
|3 Month Change||2.53%|
|1 Year Change||16.08%|
|3 Year Change||27.91%|
|5 Year Change||n/a|
|Change since IPO||27.91%|
Recent News & Updates
|GRID||GB Capital Markets||GB Market|
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.
|GRID Average Weekly Movement||1.8%|
|Capital Markets Industry Average Movement||4.1%|
|Market Average Movement||5.0%|
|10% most volatile stocks in GB Market||10.5%|
|10% least volatile stocks in GB Market||2.4%|
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
Gresham House Energy Storage Fund Fundamentals Summary
|GRID fundamental statistics|
Is GRID overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GRID income statement (TTM)|
|Cost of Revenue||UK£0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.13|
|Net Profit Margin||91.45%|
How did GRID perform over the long term?See historical performance and comparison
5.3%Current Dividend Yield
Is Gresham House Energy Storage Fund undervalued compared to its fair value and its price relative to the market?
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.
How is Gresham House Energy Storage Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has Gresham House Energy Storage Fund performed over the past 5 years?
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.
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.
What is Gresham House Energy Storage Fund current dividend yield, its reliability and sustainability?
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.
How experienced are the management team and are they aligned to shareholders interests?
Gresham House Energy Storage Fund has no CEO, or we have no data on them.
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 25.6%.
Gresham House Energy Storage Fund plc's employee growth, exchange listings and data sources
- 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
- Gresham House Energy Storage Fund plc
- 80 Cheapside
- EC2V 6EE
- United Kingdom
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/17 18:51|
|End of Day Share Price||2022/01/17 00:00|
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.