Good Energy Group PLC, through its subsidiaries, engages in the purchase, generation, and sale of electricity from renewable sources in the United Kingdom.
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£2.93|
|52 Week High||UK£1.55|
|52 Week Low||UK£3.98|
|1 Month Change||-9.86%|
|3 Month Change||3.18%|
|1 Year Change||77.27%|
|3 Year Change||167.12%|
|5 Year Change||20.37%|
|Change since IPO||580.23%|
Recent News & Updates
|GOOD||GB Renewable Energy||GB Market|
Return vs Industry: GOOD underperformed the UK Renewable Energy industry which returned 88.8% over the past year.
Return vs Market: GOOD exceeded the UK Market which returned 23.4% over the past year.
Stable Share Price: GOOD is more volatile than 75% of UK stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: GOOD's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of UK stocks.
About the Company
Good Energy Group PLC, through its subsidiaries, engages in the purchase, generation, and sale of electricity from renewable sources in the United Kingdom. The company generates electric power by wind turbine machinery and solar panels. It also sells gas; and provides services related to micro-renewable generation, as well as offers EV market data services.
Good Energy Group Fundamentals Summary
|GOOD fundamental statistics|
Is GOOD overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GOOD income statement (TTM)|
|Cost of Revenue||UK£99.44m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.27|
|Net Profit Margin||3.42%|
How did GOOD perform over the long term?See historical performance and comparison
0.5%Current Dividend Yield
Is Good Energy Group 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: GOOD (£2.93) is trading below our estimate of fair value (£10.17)
Significantly Below Fair Value: GOOD is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GOOD is good value based on its PE Ratio (10.7x) compared to the European Renewable Energy industry average (32.9x).
PE vs Market: GOOD is good value based on its PE Ratio (10.7x) compared to the UK market (23.4x).
Price to Earnings Growth Ratio
PEG Ratio: GOOD is poor value based on its PEG Ratio (4.8x)
Price to Book Ratio
PB vs Industry: GOOD's PB Ratio (1.4x) is in line with the GB Renewable Energy industry average.
How is Good Energy Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GOOD's forecast earnings growth (2.2% per year) is above the savings rate (0.9%).
Earnings vs Market: GOOD's earnings (2.2% per year) are forecast to grow slower than the UK market (13.2% per year).
High Growth Earnings: GOOD's earnings are forecast to grow, but not significantly.
Revenue vs Market: GOOD's revenue (2.7% per year) is forecast to grow slower than the UK market (5.4% per year).
High Growth Revenue: GOOD's revenue (2.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GOOD's Return on Equity is forecast to be low in 3 years time (11.4%).
How has Good Energy Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GOOD has high quality earnings.
Growing Profit Margin: GOOD became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: GOOD's earnings have declined by 1.1% per year over the past 5 years.
Accelerating Growth: GOOD has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: GOOD has become profitable in the last year, making it difficult to compare its past year earnings growth to the Renewable Energy industry (28.9%).
Return on Equity
High ROE: GOOD's Return on Equity (12.2%) is considered low.
How is Good Energy Group's financial position?
Financial Position Analysis
Short Term Liabilities: GOOD's short term assets (£59.8M) exceed its short term liabilities (£46.3M).
Long Term Liabilities: GOOD's short term assets (£59.8M) exceed its long term liabilities (£47.3M).
Debt to Equity History and Analysis
Debt Level: GOOD's debt to equity ratio (118.2%) is considered high.
Reducing Debt: GOOD's debt to equity ratio has reduced from 293.5% to 118.2% over the past 5 years.
Debt Coverage: GOOD's debt is not well covered by operating cash flow (1.6%).
Interest Coverage: GOOD's interest payments on its debt are not well covered by EBIT (2.5x coverage).
What is Good Energy Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GOOD's dividend (0.51%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.34%).
High Dividend: GOOD's dividend (0.51%) is low compared to the top 25% of dividend payers in the UK market (3.93%).
Stability and Growth of Payments
Stable Dividend: GOOD is not paying a notable dividend for the UK market, therefore no need to check if payments are stable.
Growing Dividend: GOOD is not paying a notable dividend for the UK market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: GOOD is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GOOD's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Nigel Pocklington (49 yo)
Mr. Nigel Pocklington is Chief Executive Officer and Director at Good Energy Group PLC since May 1, 2021. He has been Chief Commercial Officer at Moneysupermarket.com group plc since 2019 and was its Manag...
Experienced Board: GOOD's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Good Energy Group PLC's employee growth, exchange listings and data sources
- Name: Good Energy Group PLC
- Ticker: GOOD
- Exchange: AIM
- Founded: 1999
- Industry: Independent Power Producers and Energy Traders
- Sector: Utilities
- Market Cap: UK£47.896m
- Shares outstanding: 16.37m
- Website: https://group.goodenergy.co.uk
Number of Employees
- Good Energy Group PLC
- Monkton Park Offices
- Monkton Park
- SN15 1GH
- United Kingdom
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/25 17:47|
|End of Day Share Price||2021/09/24 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.