LSE:NESF

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Executive Summary

NextEnergy Solar Fund Limited specializes in investments in operational solar photovoltaic (PV) assets. More Details


Snowflake Analysis


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Share Price & News

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


Latest Share Price and Events

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

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


Market Performance


7 Day Return

-0.6%

NESF

-0.9%

GB Capital Markets

-0.8%

GB Market


1 Year Return

-13.5%

NESF

9.6%

GB Capital Markets

-3.7%

GB Market

Return vs Industry: NESF underperformed the UK Capital Markets industry which returned 8.7% over the past year.

Return vs Market: NESF underperformed the UK Market which returned -2% over the past year.


Shareholder returns

NESFIndustryMarket
7 Day-0.6%-0.9%-0.8%
30 Day-2.7%3.6%0.9%
90 Day-4.7%14.3%6.6%
1 Year-7.6%-13.5%13.1%9.6%2.1%-3.7%
3 Year9.4%-8.9%48.7%31.9%9.6%-3.5%
5 Year50.3%9.5%117.0%80.6%41.7%14.3%

Long-Term Price Volatility Vs. Market

How volatile is NextEnergy 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 NextEnergy Solar Fund undervalued compared to its fair value and its price relative to the market?

1.02x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: NESF (£1.02) is trading above our estimate of fair value (£0.95)

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


Price To Earnings Ratio

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

PE vs Market: NESF 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 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).

Future Growth

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

23.8%

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 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.

Past Performance

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

-11.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NESF is currently unprofitable.

Growing Profit Margin: NESF is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: NESF is unprofitable, and losses have increased over the past 5 years at a rate of 11.3% per year.

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

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


Return on Equity

High ROE: NESF has a negative Return on Equity (-4.65%), as it is currently unprofitable.

Financial Health

How is NextEnergy Solar Fund's financial position?


Financial Position Analysis

Short Term Liabilities: NESF's short term assets (£45.9M) exceed its short term liabilities (£23.1M).

Long Term Liabilities: NESF's short term assets (£45.9M) do not cover its long term liabilities (£197.9M).


Debt to Equity History and Analysis

Debt Level: NESF's debt to equity ratio (33.9%) 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 (23.6%).

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


Balance Sheet

Dividend

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

6.94%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: NESF's dividend (6.94%) is higher than the bottom 25% of dividend payers in the UK market (1.49%).

High Dividend: NESF's dividend (6.94%) is in the top 25% of dividend payers in the UK market (4.52%)


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 6 years.


Current Payout to Shareholders

Dividend Coverage: NESF 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

NextEnergy Solar 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: NESF 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

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


Key Information

  • Name: NextEnergy Solar Fund Limited
  • Ticker: NESF
  • Exchange: LSE
  • Founded: 2014
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: UK£597.354m
  • Shares outstanding: 586.79m
  • Website: https://www.nextenergysolarfund.com

Location

  • NextEnergy Solar Fund Limited
  • 1 Royal Plaza
  • Royal Avenue
  • St Peter Port
  • GY1 2HR
  • Guernsey

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NESFLSE (London Stock Exchange)YesOrdinary SharesGBGBPApr 2014
NESFlBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBGBPApr 2014

Biography

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 devel...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/02/24 18:38
End of Day Share Price2021/02/24 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


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.