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Drax Group LSE:DRX Stock Report

Last Price

UK£5.08

Market Cap

UK£2.0b

7D

2.7%

1Y

-18.0%

Updated

23 Apr, 2024

Data

Company Financials +

Drax Group plc Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Drax Group
Historical stock prices
Current Share PriceUK£5.08
52 Week HighUK£6.55
52 Week LowUK£3.95
Beta1.16
1 Month Change4.42%
3 Month Change1.60%
1 Year Change-17.96%
3 Year Change27.00%
5 Year Change48.97%
Change since IPO-10.25%

Recent News & Updates

Here's Why Drax Group (LON:DRX) Has A Meaningful Debt Burden

Apr 09
Here's Why Drax Group (LON:DRX) Has A Meaningful Debt Burden

Recent updates

Here's Why Drax Group (LON:DRX) Has A Meaningful Debt Burden

Apr 09
Here's Why Drax Group (LON:DRX) Has A Meaningful Debt Burden

Calculating The Intrinsic Value Of Drax Group plc (LON:DRX)

Feb 07
Calculating The Intrinsic Value Of Drax Group plc (LON:DRX)

Drax Group plc (LON:DRX) Doing What It Can To Lift Shares

Dec 24
Drax Group plc (LON:DRX) Doing What It Can To Lift Shares

Drax Group plc (LON:DRX) Shares Could Be 23% Below Their Intrinsic Value Estimate

Oct 24
Drax Group plc (LON:DRX) Shares Could Be 23% Below Their Intrinsic Value Estimate

Should You Investigate Drax Group plc (LON:DRX) At UK£5.20?

Sep 20
Should You Investigate Drax Group plc (LON:DRX) At UK£5.20?

Here's Why Drax Group (LON:DRX) Has A Meaningful Debt Burden

Aug 18
Here's Why Drax Group (LON:DRX) Has A Meaningful Debt Burden

Time To Worry? Analysts Just Downgraded Their Drax Group plc (LON:DRX) Outlook

Jul 30
Time To Worry? Analysts Just Downgraded Their Drax Group plc (LON:DRX) Outlook

Estimating The Intrinsic Value Of Drax Group plc (LON:DRX)

Jul 20
Estimating The Intrinsic Value Of Drax Group plc (LON:DRX)

If EPS Growth Is Important To You, Drax Group (LON:DRX) Presents An Opportunity

Jun 28
If EPS Growth Is Important To You, Drax Group (LON:DRX) Presents An Opportunity

The Price Is Right For Drax Group plc (LON:DRX)

May 27
The Price Is Right For Drax Group plc (LON:DRX)

Is Drax Group (LON:DRX) Using Too Much Debt?

Apr 02
Is Drax Group (LON:DRX) Using Too Much Debt?

Should You Think About Buying Drax Group plc (LON:DRX) Now?

Jan 20
Should You Think About Buying Drax Group plc (LON:DRX) Now?

Drax Group (LON:DRX) Has A Somewhat Strained Balance Sheet

Dec 16
Drax Group (LON:DRX) Has A Somewhat Strained Balance Sheet

At UK£6.91, Is It Time To Put Drax Group plc (LON:DRX) On Your Watch List?

Sep 19
At UK£6.91, Is It Time To Put Drax Group plc (LON:DRX) On Your Watch List?

Drax Group (LON:DRX) Takes On Some Risk With Its Use Of Debt

Aug 24
Drax Group (LON:DRX) Takes On Some Risk With Its Use Of Debt

Analysts' Revenue Estimates For Drax Group plc (LON:DRX) Are Surging Higher

Jul 28
Analysts' Revenue Estimates For Drax Group plc (LON:DRX) Are Surging Higher

Drax Group plc (LON:DRX) Shares Could Be 35% Above Their Intrinsic Value Estimate

Jul 15
Drax Group plc (LON:DRX) Shares Could Be 35% Above Their Intrinsic Value Estimate

Is Drax Group plc (LON:DRX) Potentially Undervalued?

May 22
Is Drax Group plc (LON:DRX) Potentially Undervalued?

Is Drax Group (LON:DRX) Using Too Much Debt?

Mar 30
Is Drax Group (LON:DRX) Using Too Much Debt?

We Think Drax Group's (LON:DRX) Profit Is Only A Baseline For What They Can Achieve

Mar 03
We Think Drax Group's (LON:DRX) Profit Is Only A Baseline For What They Can Achieve

Drax Group (LON:DRX) Has A Somewhat Strained Balance Sheet

Dec 09
Drax Group (LON:DRX) Has A Somewhat Strained Balance Sheet

Is Drax Group (LON:DRX) A Risky Investment?

Aug 27
Is Drax Group (LON:DRX) A Risky Investment?

Is Now The Time To Look At Buying Drax Group plc (LON:DRX)?

May 12
Is Now The Time To Look At Buying Drax Group plc (LON:DRX)?

Here's Why Drax Group (LON:DRX) Can Manage Its Debt Responsibly

Apr 15
Here's Why Drax Group (LON:DRX) Can Manage Its Debt Responsibly

Shareholders Of Drax Group (LON:DRX) Must Be Happy With Their 102% Total Return

Feb 19
Shareholders Of Drax Group (LON:DRX) Must Be Happy With Their 102% Total Return

These 4 Measures Indicate That Drax Group (LON:DRX) Is Using Debt Reasonably Well

Dec 28
These 4 Measures Indicate That Drax Group (LON:DRX) Is Using Debt Reasonably Well

Drax Group plc (LON:DRX) Insiders Increased Their Holdings

Dec 02
Drax Group plc (LON:DRX) Insiders Increased Their Holdings

Shareholder Returns

DRXGB Renewable EnergyGB Market
7D2.7%2.9%2.7%
1Y-18.0%-12.5%0.3%

Return vs Industry: DRX underperformed the UK Renewable Energy industry which returned -15.1% over the past year.

Return vs Market: DRX underperformed the UK Market which returned -1.8% over the past year.

Price Volatility

Is DRX's price volatile compared to industry and market?
DRX volatility
DRX Average Weekly Movement5.0%
Renewable Energy Industry Average Movement11.5%
Market Average Movement4.9%
10% most volatile stocks in GB Market11.3%
10% least volatile stocks in GB Market2.7%

Stable Share Price: DRX has not had significant price volatility in the past 3 months.

Volatility Over Time: DRX's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20053,551Will Gardinerwww.drax.com

Drax Group plc, together with its subsidiaries, engages in renewable power generation in the United Kingdom. It operates through three segments: Pellet Production, Generation, and Customers. The Pellet Production segment produces and sells biomass pellets.

Drax Group plc Fundamentals Summary

How do Drax Group's earnings and revenue compare to its market cap?
DRX fundamental statistics
Market capUK£1.96b
Earnings (TTM)UK£562.20m
Revenue (TTM)UK£8.13b

3.5x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DRX income statement (TTM)
RevenueUK£8.13b
Cost of RevenueUK£6.35b
Gross ProfitUK£1.78b
Other ExpensesUK£1.22b
EarningsUK£562.20m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Jul 26, 2024

Earnings per share (EPS)1.45
Gross Margin21.90%
Net Profit Margin6.92%
Debt/Equity Ratio71.9%

How did DRX perform over the long term?

See historical performance and comparison

Dividends

4.5%

Current Dividend Yield

16%

Payout Ratio
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