NESF Stock Overview
NextEnergy Solar Fund Limited specializes in investments in operational solar photovoltaic (PV) assets.
NextEnergy Solar Fund Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£1.03|
|52 Week High||UK£1.07|
|52 Week Low||UK£0.96|
|1 Month Change||0.98%|
|3 Month Change||2.40%|
|1 Year Change||-0.77%|
|3 Year Change||-11.17%|
|5 Year Change||-7.57%|
|Change since IPO||1.58%|
Recent News & Updates
|NESF||GB Capital Markets||GB Market|
Return vs Industry: NESF exceeded the UK Capital Markets industry which returned -3% over the past year.
Return vs Market: NESF underperformed the UK Market which returned 8.3% over the past year.
|NESF Average Weekly Movement||1.1%|
|Capital Markets Industry Average Movement||4.1%|
|Market Average Movement||5.0%|
|10% most volatile stocks in GB Market||10.7%|
|10% least volatile stocks in GB Market||2.5%|
Stable Share Price: NESF is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 1% a week.
Volatility Over Time: NESF's weekly volatility (1%) has been stable over the past year.
About the Company
NextEnergy Solar Fund Limited specializes in investments in operational solar photovoltaic (PV) assets. The fund intends primarily to acquire operating assets, but may invest in assets that are under development, that is, at the stage of origination, project planning or construction. Within this sector it intends to acquire assets that are primarily ground-based and utility-scale and which are on sites that may be agricultural, industrial, and/or commercial.
NextEnergy Solar Fund Fundamentals Summary
|NESF fundamental statistics|
Is NESF overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NESF income statement (TTM)|
|Cost of Revenue||UK£0|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.11|
|Net Profit Margin||79.23%|
How did NESF perform over the long term?See historical performance and comparison
7.0%Current Dividend Yield
Is NextEnergy Solar Fund undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NESF (£1.03) is trading below our estimate of fair value (£1.28)
Significantly Below Fair Value: NESF is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: NESF is good value based on its PE Ratio (9.7x) compared to the UK Capital Markets industry average (11x).
PE vs Market: NESF is good value based on its PE Ratio (9.7x) compared to the UK market (19.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NESF's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NESF is good value based on its PB Ratio (1x) compared to the GB Capital Markets industry average (1.6x).
How is NextEnergy Solar 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 NextEnergy 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.
How has NextEnergy Solar Fund performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NESF has high quality earnings.
Growing Profit Margin: NESF became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: NESF's earnings have declined by 8.3% per year over the past 5 years.
Accelerating Growth: NESF has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: NESF has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (66.7%).
Return on Equity
High ROE: NESF's Return on Equity (10.2%) is considered low.
How is NextEnergy Solar Fund's financial position?
Financial Position Analysis
Short Term Liabilities: NESF's short term assets (£39.2M) exceed its short term liabilities (£22.8M).
Long Term Liabilities: NESF's short term assets (£39.2M) do not cover its long term liabilities (£198.0M).
Debt to Equity History and Analysis
Debt Level: NESF's net debt to equity ratio (31.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if NESF's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: NESF's debt is well covered by operating cash flow (20.9%).
Interest Coverage: NESF's interest payments on its debt are well covered by EBIT (7.5x coverage).
What is NextEnergy Solar Fund current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NESF's dividend (6.98%) is higher than the bottom 25% of dividend payers in the UK market (1.39%).
High Dividend: NESF's dividend (6.98%) is in the top 25% of dividend payers in the UK market (4.04%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, NESF has been paying a dividend for less than 10 years.
Growing Dividend: NESF's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (67.2%), NESF'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.
How experienced are the management team and are they aligned to shareholders interests?
NextEnergy Solar 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: NESF insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
NextEnergy Solar Fund Limited's employee growth, exchange listings and data sources
- Name: NextEnergy Solar Fund Limited
- Ticker: NESF
- Exchange: LSE
- Founded: 2014
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Implied Market Cap: UK£604.000m
- Shares outstanding: 588.69m
- Website: https://www.nextenergysolarfund.com
- NextEnergy Solar Fund Limited
- 1 Royal Plaza
- Royal Avenue
- St Peter Port
- GY1 2HR
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/20 21:25|
|End of Day Share Price||2022/01/20 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.