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OPG Power Ventures

AIM:OPG
Snowflake Description

Very undervalued with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
OPG
AIM
£65M
Market Cap
  1. Home
  2. GB
  3. Utilities
Company description

OPG Power Ventures Plc, together with its subsidiaries, develops, owns, operates, and maintains private sector power projects in India. The last earnings update was 209 days ago. More info.


Add to Portfolio Compare Print
  • OPG Power Ventures has significant price volatility in the past 3 months.
OPG Share Price and Events
7 Day Returns
-4.3%
AIM:OPG
0.1%
Europe Electric Utilities
0.3%
GB Market
1 Year Returns
3.5%
AIM:OPG
18.7%
Europe Electric Utilities
-3.8%
GB Market
OPG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
OPG Power Ventures (OPG) -4.3% -11.8% -23.5% 3.5% -70.3% -82%
Europe Electric Utilities 0.1% 3.1% 5.7% 18.7% 47% 6.2%
GB Market 0.3% 1.2% 2.8% -3.8% 18.5% 4.5%
1 Year Return vs Industry and Market
  • OPG underperformed the Electric Utilities industry which returned 18.7% over the past year.
  • OPG outperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -3.8% over the past year.
Price Volatility
OPG
Industry
5yr Volatility vs Market

OPG Value

 Is OPG Power Ventures undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of OPG Power Ventures to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for OPG Power Ventures.

AIM:OPG Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.1%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for AIM:OPG
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 8.6%
Electric Utilities Unlevered Beta Simply Wall St/ S&P Global 0.28
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.281 (1 + (1- 35%) (132.16%))
0.68
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (0.8 * 8.6%)
8.11%

Discounted Cash Flow Calculation for AIM:OPG using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for OPG Power Ventures is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

AIM:OPG DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (GBP, Millions) Source Present Value
Discounted (@ 8.11%)
2019 69.65 Est @ 10.41% 64.42
2020 74.98 Est @ 7.65% 64.15
2021 79.27 Est @ 5.72% 62.74
2022 82.74 Est @ 4.38% 60.57
2023 85.58 Est @ 3.43% 57.95
2024 87.95 Est @ 2.77% 55.09
2025 89.98 Est @ 2.31% 52.14
2026 91.76 Est @ 1.98% 49.18
2027 93.37 Est @ 1.76% 46.29
2028 94.86 Est @ 1.6% 43.51
Present value of next 10 years cash flows £556.06
AIM:OPG DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= £94.86 × (1 + 1.23%) ÷ (8.11% – 1.23%)
£1,395.73
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= £1,395.73 ÷ (1 + 8.11%)10
£640.12
AIM:OPG Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= £556.06 + £640.12
£1,196.19
Equity Value per Share
(GBP)
= Total value / Shares Outstanding
= £1,196.19 / 387.91
£3.08
AIM:OPG Discount to Share Price
Calculation Result
Value per share (GBP) From above. £3.08
Current discount Discount to share price of £0.17
= -1 x (£0.17 - £3.08) / £3.08
94.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price OPG Power Ventures is available for.
Intrinsic value
>50%
Share price is £0.17 vs Future cash flow value of £3.08
Current Discount Checks
For OPG Power Ventures to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • OPG Power Ventures's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • OPG Power Ventures's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for OPG Power Ventures's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are OPG Power Ventures's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:OPG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in GBP £0.02
AIM:OPG Share Price ** AIM (2019-06-24) in GBP £0.17
Europe Electric Utilities Industry PE Ratio Median Figure of 70 Publicly-Listed Electric Utilities Companies 12.01x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 787 Publicly-Listed Companies 16.39x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of OPG Power Ventures.

AIM:OPG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:OPG Share Price ÷ EPS (both in GBP)

= 0.17 ÷ 0.02

6.81x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • OPG Power Ventures is good value based on earnings compared to the Europe Electric Utilities industry average.
  • OPG Power Ventures is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does OPG Power Ventures's expected growth come at a high price?
Raw Data
AIM:OPG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 6.81x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
59.8%per year
Europe Electric Utilities Industry PEG Ratio Median Figure of 33 Publicly-Listed Electric Utilities Companies 1.21x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 573 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

AIM:OPG PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 6.81x ÷ 59.8%

0.11x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • OPG Power Ventures is good value based on expected growth next year.
Price based on value of assets
What value do investors place on OPG Power Ventures's assets?
Raw Data
AIM:OPG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in GBP £0.36
AIM:OPG Share Price * AIM (2019-06-24) in GBP £0.17
Europe Electric Utilities Industry PB Ratio Median Figure of 75 Publicly-Listed Electric Utilities Companies 0.88x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,371 Publicly-Listed Companies 1.49x
AIM:OPG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:OPG Share Price ÷ Book Value per Share (both in GBP)

= 0.17 ÷ 0.36

0.46x

* Primary Listing of OPG Power Ventures.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • OPG Power Ventures is good value based on assets compared to the Europe Electric Utilities industry average.
X
Value checks
We assess OPG Power Ventures's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electric Utilities industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electric Utilities industry average (and greater than 0)? (1 check)
  5. OPG Power Ventures has a total score of 6/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

OPG Future Performance

 How is OPG Power Ventures expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
59.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is OPG Power Ventures expected to grow at an attractive rate?
  • OPG Power Ventures's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • OPG Power Ventures's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
  • OPG Power Ventures's revenues are expected to decrease over the next 1-3 years, this is below the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
AIM:OPG Future Growth Rates Data Sources
Data Point Source Value (per year)
AIM:OPG Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 59.8%
AIM:OPG Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts -1.7%
Europe Electric Utilities Industry Earnings Growth Rate Market Cap Weighted Average 8.8%
Europe Electric Utilities Industry Revenue Growth Rate Market Cap Weighted Average 4.2%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 10.9%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
AIM:OPG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (8 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:OPG Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-03-31 146 57 23 1
2019-03-31 140 22 14 1
AIM:OPG Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2018-09-30 152 66 9
2018-06-30 146 73 10
2018-03-31 140 80 10
2017-09-30 85 41 33
2017-06-30 111 48 38
2017-03-31 136 55 43
2016-12-31 197 54 27
2016-09-30 190 52 23
2016-06-30 159 36 21
2016-03-31 128 20 19
2015-12-31 119 11 20

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • OPG Power Ventures's earnings are expected to grow significantly at over 20% yearly.
  • OPG Power Ventures's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
AIM:OPG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (8 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from OPG Power Ventures Company Filings, last reported 8 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:OPG Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-03-31 0.06 0.06 0.06 1.00
2019-03-31 0.04 0.04 0.04 1.00
AIM:OPG Past Financials Data
Date (Data in GBP Millions) EPS *
2018-09-30 0.02
2018-06-30 0.02
2018-03-31 0.02
2017-09-30 0.09
2017-06-30 0.10
2017-03-31 0.11
2016-12-31 0.07
2016-09-30 0.06
2016-06-30 0.05
2016-03-31 0.05
2015-12-31 0.05

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if OPG Power Ventures will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess OPG Power Ventures's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
OPG Power Ventures has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

OPG Past Performance

  How has OPG Power Ventures performed over the past 5 years?

  • OPG Power Ventures's last earnings update was 209 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare OPG Power Ventures's growth in the last year to its industry (Electric Utilities).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • OPG Power Ventures's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • OPG Power Ventures's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • OPG Power Ventures's 1-year earnings growth is negative, it can't be compared to the Europe Electric Utilities industry average.
Earnings and Revenue History
OPG Power Ventures's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from OPG Power Ventures Company Filings, last reported 8 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:OPG Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 151.52 9.45 19.46
2018-06-30 145.82 9.51 18.66
2018-03-31 140.12 9.56 17.85
2017-09-30 84.97 32.78 11.52
2017-06-30 110.57 37.91 13.99
2017-03-31 136.16 43.04 16.47
2016-12-31 197.26 26.51 24.69
2016-09-30 189.52 23.41 24.61
2016-06-30 158.98 20.99 20.57
2016-03-31 128.44 18.56 16.53
2015-12-31 119.23 19.98 13.86
2015-09-30 110.02 21.41 11.19
2015-06-30 105.00 19.34 10.22
2015-03-31 99.97 17.27 9.25
2014-12-31 98.81 17.10 8.75
2014-09-30 97.65 16.94 8.24
2014-06-30 98.23 15.74 9.20
2014-03-31 98.81 14.55 10.16
2013-12-31 92.46 13.59 9.52
2013-09-30 86.12 12.63 8.88
2013-06-30 71.16 10.68 8.29
2013-03-31 56.19 8.73 7.69
2012-12-31 47.67 4.20 7.08
2012-09-30 39.15 -0.33 6.47
2012-06-30 42.20 -0.04 6.41

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • OPG Power Ventures has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • OPG Power Ventures used its assets more efficiently than the Europe Electric Utilities industry average last year based on Return on Assets.
  • OPG Power Ventures's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess OPG Power Ventures's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electric Utilities industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
OPG Power Ventures has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

OPG Health

 How is OPG Power Ventures's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up OPG Power Ventures's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • OPG Power Ventures is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • OPG Power Ventures's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of OPG Power Ventures's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from OPG Power Ventures Company Filings, last reported 8 months ago.

AIM:OPG Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 141.11 85.87 0.80
2018-06-30 141.11 85.87 0.80
2018-03-31 139.13 93.47 2.25
2017-09-30 212.17 298.82 8.49
2017-06-30 212.17 298.82 8.49
2017-03-31 236.69 326.60 18.75
2016-12-31 236.69 326.60 18.75
2016-09-30 210.07 281.98 33.31
2016-06-30 210.07 281.98 33.31
2016-03-31 180.68 269.82 9.52
2015-12-31 180.68 269.82 9.52
2015-09-30 164.24 250.40 27.84
2015-06-30 164.24 250.40 27.84
2015-03-31 164.61 260.79 8.04
2014-12-31 164.61 260.79 8.04
2014-09-30 142.87 224.18 67.96
2014-06-30 142.87 224.18 67.96
2014-03-31 136.63 194.77 22.79
2013-12-31 136.63 194.77 22.79
2013-09-30 123.90 121.19 52.21
2013-06-30 123.90 121.19 52.21
2013-03-31 142.74 108.87 28.19
2012-12-31 142.74 108.87 28.19
2012-09-30 131.30 84.20 82.32
2012-06-30 131.30 84.20 82.32
  • OPG Power Ventures's level of debt (60.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (98.3% vs 60.9% today).
  • Debt is well covered by operating cash flow (76.6%, greater than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.2x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess OPG Power Ventures's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. OPG Power Ventures has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

OPG Dividends

 What is OPG Power Ventures's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from OPG Power Ventures dividends. Estimated to be 7.17% next year.
If you bought £2,000 of OPG Power Ventures shares you are expected to receive £0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate OPG Power Ventures's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate OPG Power Ventures's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
AIM:OPG Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Europe Electric Utilities Industry Average Dividend Yield Market Cap Weighted Average of 44 Stocks 4.3%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 706 Stocks 4.3%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.4%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

AIM:OPG Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2020-03-31 0.01 1.00
2019-03-31 0.01 1.00
AIM:OPG Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2018-11-27 0.000 0.000
2018-09-28 0.000 0.000
2018-09-24 0.000 0.000
2017-10-13 0.009 5.194
2016-12-20 0.005 1.214

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as OPG Power Ventures has not reported any payouts.
  • Unable to verify if OPG Power Ventures's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of OPG Power Ventures's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as OPG Power Ventures has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess OPG Power Ventures's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can OPG Power Ventures afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. OPG Power Ventures has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

OPG Management

 What is the CEO of OPG Power Ventures's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Arvind Gupta
COMPENSATION £750,000
AGE 57
TENURE AS CEO 11.1 years
CEO Bio

Mr. Arvind Gupta Co-founded OPG Power Ventures PLC in 2008 and has been its Chief Executive Officer and Managing Director since May 23, 2008. Mr. Gupta has been an Executive Chairman OPG Power Ventures PLC since November 14, 2016. Mr. Gupta is responsible for overall strategic direction, growth and development of OPG Power Ventures. He is also responsible for the development and operation of the wind power division of Kanishk Steel which generates approximately 8 MW of power. Mr. Gupta has 28 years of industrial experience, including the development of the 19.48 MW power plant (OPGE) from conception through to construction and successful operation for four years. He is responsible for the development and implementation of the 77 MW and 10 MW coal based/waste heat recovery plants, which are in the course of being constructed. He is also responsible for the proposed 270 MW venture in Gujarat on which work is shortly to commence. He serves as an Executive Director of OPG Power Ventures PLC. Mr. Gupta holds Degree in Commerce from University of Madras.

CEO Compensation
  • Arvind's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Arvind's remuneration is higher than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure and age of the OPG Power Ventures management team in years:

1.6
Average Tenure
57
Average Age
  • The average tenure for the OPG Power Ventures management team is less than 2 years, this suggests a new team.
Management Team

Arvind Gupta

TITLE
Co-Founder
COMPENSATION
£750K
AGE
57
TENURE
11.1 yrs

Dmitri Tsvetkov

TITLE
CFO & Executive Director
COMPENSATION
£655K
AGE
46
TENURE
1.6 yrs

Avantika Gupta

TITLE
COO & Director
AGE
31
TENURE
1.3 yrs

Ramesh Shrivastav

TITLE
Head of Project Finance & Banking
AGE
67

V Ravichandran

TITLE
Head of Corporate Planning

C. Sharma

TITLE
Head of Shipping

Philip Scales

TITLE
Company Secretary
AGE
68
Board of Directors Tenure

Average tenure and age of the OPG Power Ventures board of directors in years:

2.1
Average Tenure
60
Average Age
  • The average tenure for the OPG Power Ventures board of directors is less than 3 years, this suggests a new board.
Board of Directors

Arvind Gupta

TITLE
Co-Founder
COMPENSATION
£750K
AGE
57
TENURE
2.6 yrs

Jeremy Carlisle Allen

TITLE
Independent Non-Executive Deputy Chairman
COMPENSATION
£23K
AGE
63
TENURE
1.6 yrs

Dmitri Tsvetkov

TITLE
CFO & Executive Director
COMPENSATION
£655K
AGE
46
TENURE
1.6 yrs

Avantika Gupta

TITLE
COO & Director
AGE
31
TENURE
0.6 yrs

Mike Grasby

TITLE
Independent Non-Executive Director
COMPENSATION
£45K
AGE
74
TENURE
11.1 yrs

Jeremy Beeton

TITLE
Independent Non-Executive Director
COMPENSATION
£45K
AGE
65
TENURE
2.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
17. Dec 18 Buy Jeremy Beeton Individual 14. Dec 18 14. Dec 18 50,000 £0.23 £11,680
03. Oct 18 Buy Jeremy Carlisle Allen Individual 02. Oct 18 02. Oct 18 544,346 £0.11 £59,750
01. Oct 18 Buy Dmitri Tsvetkov Individual 27. Sep 18 01. Oct 18 981,768 £0.10 £97,121
X
Management checks
We assess OPG Power Ventures's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. OPG Power Ventures has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

OPG News

Simply Wall St News

OPG Power Ventures Plc (LON:OPG): Commentary On Fundamentals

In the case of OPG Power Ventures Plc (LON:OPG), there's is a company that has been able to sustain great financial health, trading at an attractive share price. … For those interested in understanding where the figures come from and want to see the analysis, take a look at the report on OPG Power Ventures here. … We aim to bring you long-term focused research analysis driven by fundamental data.

Simply Wall St -

The OPG Power Ventures Share Price Is Down 73% So Some Shareholders Are Rather Upset

OPG Power Ventures Plc (LON:OPG) shareholders should be happy to see the share price up 21% in the last quarter. … By comparing earnings per share (EPS) and and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. … During the five years over which the share price declined, OPG Power Ventures's earnings per share (EPS) dropped by 5.7% each year.

Simply Wall St -

Should You Worry About OPG Power Ventures Plc's (LON:OPG) CEO Pay?

Arvind Gupta has been the CEO of OPG Power Ventures Plc (LON:OPG) since 2008. … First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Arvind Gupta's Compensation Compare With Similar Sized Companies?

Simply Wall St -

An Examination Of OPG Power Ventures Plc (LON:OPG)

In the case of OPG Power Ventures Plc (LON:OPG), there's. … is a company that has been able to sustain great financial health, trading at an attractive share price. … report on OPG Power Ventures here

Simply Wall St -

Does OPG Power Ventures Plc (LON:OPG) Have A Good P/E Ratio?

We'll show how you can use OPG Power Ventures Plc's (LON:OPG) P/E ratio to inform your assessment of the investment opportunity. … Based on the last twelve months, OPG Power Ventures's P/E ratio is 10.17. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

How Much Are OPG Power Ventures Plc (LON:OPG) Insiders Spending On Buying Shares?

We often see insiders buying up shares in companies that perform well over the long term. … So we'll take a look at whether insiders have been buying or selling shares in OPG Power Ventures Plc (LON:OPG). … The Last 12 Months Of Insider Transactions At OPG Power Ventures.

Simply Wall St -

Are OPG Power Ventures Plc's (LON:OPG) Interest Costs Too High?

OPG Power Ventures Plc (LON:OPG) is a small-cap stock with a market capitalization of UK£59m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Evaluating financial health as part of your investment thesis is.

Simply Wall St -

Understanding Your Return On Investment In OPG Power Ventures Plc (LON:OPG)

and want to better understand how you can grow your money by investing in OPG Power Ventures Plc (LON:OPG). … As a result, your investment is being put to work to fund operations and if you want to earn an attractive return on your investment, the business needs to be making an adequate amount of money from the funds you provide. … Thus, to understand how your money can grow by investing in OPG Power Ventures, you need to look at what the company returns to owners for the use of their capital, which can be done in many ways but today we will use return on capital employed (ROCE)

Simply Wall St -

OPG Power Ventures PLC (LON:OPG): Time For A Financial Health Check

Investors are always looking for growth in small-cap stocks like OPG Power Ventures PLC (LON:OPG), with a market cap of UK£57.37m. … However, an important fact which most ignore is: how financially healthy is the business? … I believe these basic checks tell most of the story you need to know.

Simply Wall St -

Should OPG Power Ventures PLC (LON:OPG) Be Your Next Stock Pick?

Attractive stocks have exceptional fundamentals. … In the case of OPG Power Ventures PLC (LON:OPG), there's. … that has been a rockstar for income investors, currently trading at an attractive share price

Simply Wall St -

OPG Company Info

Description

OPG Power Ventures Plc, together with its subsidiaries, develops, owns, operates, and maintains private sector power projects in India. It operates thermal power and solar power plants. The company primarily sells electric power to public sector undertakings and heavy industrial companies. OPG Power Ventures Plc is based in Chennai, India.

Details
Name: OPG Power Ventures Plc
OPG
Exchange: AIM
Founded:
£64,974,958
387,910,200
Website: http://www.opgpower.com
Address: OPG Power Ventures Plc
No. 6, Sardar Patel Road,
Guindy,
Chennai,
Tamil Nadu, 600032,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM OPG Ordinary Shares London Stock Exchange AIM Market GB GBP 30. May 2008
Number of employees
Current staff
Staff numbers
0
OPG Power Ventures employees.
Industry
Electric Utilities
Utilities
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/24 21:21
End of day share price update: 2019/06/24 00:00
Last estimates confirmation: 2019/02/28
Last earnings filing: 2018/11/27
Last earnings reported: 2018/09/30
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.