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Jersey Electricity

LSE:JEL
Snowflake Description

Established dividend payer with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
JEL
LSE
£140M
Market Cap
  1. Home
  2. GB
  3. Utilities
Company description

Jersey Electricity plc, together with its subsidiaries, engages in the importation, generation, transmission, and distribution of electricity in Jersey, the Channel Islands. The last earnings update was 80 days ago. More info.


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JEL Share Price and Events
7 Day Returns
0%
LSE:JEL
-1.7%
Europe Electric Utilities
1%
GB Market
1 Year Returns
-4.4%
LSE:JEL
11%
Europe Electric Utilities
1.6%
GB Market
JEL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Jersey Electricity (JEL) 0% -1.1% -4.6% -4.4% -1.7% 46.2%
Europe Electric Utilities -1.7% -1.2% 3.3% 11% 22.9% -0.4%
GB Market 1% 2.3% 8.6% 1.6% 14% 5.9%
1 Year Return vs Industry and Market
  • JEL underperformed the Electric Utilities industry which returned 11% over the past year.
  • JEL underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 1.6% over the past year.
Price Volatility
JEL
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Jersey Electricity's competitors could be found in our database.

Value

 Is Jersey Electricity 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 Jersey Electricity 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 Jersey Electricity.

LSE:JEL 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 6%
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 LSE:JEL
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 6%
Electric Utilities Unlevered Beta Simply Wall St/ S&P Global 0.24
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.242 (1 + (1- 20%) (21.59%))
0.52
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 * 5.96%)
6%

Discounted Cash Flow Calculation for LSE:JEL using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Jersey Electricity 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.

LSE:JEL DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (GBP, Millions) Source Present Value
Discounted (@ 6%)
2019 5.63 Est @ -2.48% 5.31
2020 5.55 Est @ -1.37% 4.94
2021 5.52 Est @ -0.59% 4.64
2022 5.52 Est @ -0.05% 4.37
2023 5.54 Est @ 0.34% 4.14
2024 5.57 Est @ 0.6% 3.93
2025 5.61 Est @ 0.79% 3.74
2026 5.67 Est @ 0.92% 3.56
2027 5.72 Est @ 1.01% 3.39
2028 5.79 Est @ 1.08% 3.23
Present value of next 10 years cash flows £41.24
LSE:JEL DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= £5.79 × (1 + 1.23%) ÷ (6% – 1.23%)
£122.83
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= £122.83 ÷ (1 + 6%)10
£68.62
LSE:JEL Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= £41.24 + £68.62
£109.86
Equity Value per Share
(GBP)
= Total value / Shares Outstanding
= £109.86 / 30.64
£3.59
LSE:JEL Discount to Share Price
Calculation Result
Value per share (GBP) From above. £3.59
Current discount Discount to share price of £4.57
= -1 x (£4.57 - £3.59) / £3.59
-27.5%

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

  • The current share price of Jersey Electricity is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Jersey Electricity's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Jersey Electricity's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
LSE:JEL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in GBP £0.40
LSE:JEL Share Price ** LSE (2019-04-18) in GBP £4.57
Europe Electric Utilities Industry PE Ratio Median Figure of 66 Publicly-Listed Electric Utilities Companies 13x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 795 Publicly-Listed Companies 16.28x

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

** Primary Listing of Jersey Electricity.

LSE:JEL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= LSE:JEL Share Price ÷ EPS (both in GBP)

= 4.57 ÷ 0.40

11.56x

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

  • Jersey Electricity is good value based on earnings compared to the Europe Electric Utilities industry average.
  • Jersey Electricity is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Jersey Electricity's expected growth come at a high price?
Raw Data
LSE:JEL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 11.56x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
-4.6%per year
Europe Electric Utilities Industry PEG Ratio Median Figure of 31 Publicly-Listed Electric Utilities Companies 0.59x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 563 Publicly-Listed Companies 1.49x

*Line of best fit is calculated by linear regression .

LSE:JEL PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 11.56x ÷ -4.6%

-2.5x

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

  • Jersey Electricity earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Jersey Electricity's assets?
Raw Data
LSE:JEL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in GBP £6.16
LSE:JEL Share Price * LSE (2019-04-18) in GBP £4.57
Europe Electric Utilities Industry PB Ratio Median Figure of 75 Publicly-Listed Electric Utilities Companies 1.02x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,365 Publicly-Listed Companies 1.52x
LSE:JEL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= LSE:JEL Share Price ÷ Book Value per Share (both in GBP)

= 4.57 ÷ 6.16

0.74x

* Primary Listing of Jersey Electricity.

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

  • Jersey Electricity is good value based on assets compared to the Europe Electric Utilities industry average.
X
Value checks
We assess Jersey Electricity'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. Jersey Electricity has a total score of 3/6, 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.

Future Performance

 How is Jersey Electricity 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
-4.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Jersey Electricity expected to grow at an attractive rate?
  • Jersey Electricity's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 1.2%.
Growth vs Market Checks
  • Jersey Electricity's earnings are expected to decrease over the next 1-3 years, this is below the United Kingdom of Great Britain and Northern Ireland market average.
  • Jersey Electricity's revenue growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
LSE:JEL Future Growth Rates Data Sources
Data Point Source Value (per year)
LSE:JEL Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts -4.6%
LSE:JEL Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 1.6%
Europe Electric Utilities Industry Earnings Growth Rate Market Cap Weighted Average 10%
Europe Electric Utilities Industry Revenue Growth Rate Market Cap Weighted Average 3.5%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 11.1%
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
LSE:JEL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 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.
LSE:JEL Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-09-30 109 11 1
2019-09-30 106 10 1
LSE:JEL Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2018-09-30 106 27 12
2018-06-30 105 28 12
2018-03-31 105 28 11
2017-12-31 104 27 11
2017-09-30 102 26 11
2017-06-30 103 26 11
2017-03-31 104 25 12
2016-12-31 104 25 12
2016-09-30 103 25 12
2016-06-30 103 24 11
2016-03-31 102 24 11
2015-12-31 101 23 11

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Jersey Electricity's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Jersey Electricity's revenue is expected to grow by 1.6% yearly, however this is not considered high growth (20% yearly).
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
LSE:JEL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Jersey Electricity Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:JEL Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-09-30 0.36 0.36 0.36 1.00
2019-09-30 0.33 0.33 0.33 1.00
LSE:JEL Past Financials Data
Date (Data in GBP Millions) EPS *
2018-09-30 0.40
2018-06-30 0.38
2018-03-31 0.37
2017-12-31 0.36
2017-09-30 0.35
2017-06-30 0.37
2017-03-31 0.40
2016-12-31 0.39
2016-09-30 0.38
2016-06-30 0.36
2016-03-31 0.35
2015-12-31 0.35

*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 Jersey Electricity will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Jersey Electricity'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.
Jersey Electricity has a total score of 0/6, 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.

Past Performance

  How has Jersey Electricity performed over the past 5 years?

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 Jersey Electricity'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.
  • Jersey Electricity's year on year earnings growth rate has been positive over the past 5 years.
  • Jersey Electricity's 1-year earnings growth is less than its 5-year average (14.3% vs 17.2%)
  • Jersey Electricity's earnings growth has exceeded the Europe Electric Utilities industry average in the past year (14.3% vs -1.2%).
Earnings and Revenue History
Jersey Electricity'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 Jersey Electricity Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:JEL Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 105.87 12.12 24.38
2018-06-30 105.21 11.67 24.17
2018-03-31 104.78 11.23 23.95
2017-12-31 103.55 10.91 24.17
2017-09-30 102.09 10.60 24.38
2017-06-30 103.21 11.41 24.50
2017-03-31 104.33 12.23 24.63
2016-12-31 103.85 11.89 24.06
2016-09-30 103.36 11.55 23.50
2016-06-30 102.52 11.12 22.94
2016-03-31 101.68 10.69 22.37
2015-12-31 101.08 10.71 22.15
2015-09-30 100.48 10.73 21.93
2015-06-30 99.90 9.88 21.55
2015-03-31 99.33 9.03 21.16
2014-12-31 98.89 6.98 20.62
2014-09-30 98.44 4.93 20.08
2014-06-30 99.47 5.06 20.69
2014-03-31 100.50 5.19 21.30
2013-12-31 101.42 4.63 20.98
2013-09-30 102.34 4.07 20.66
2013-06-30 101.07 1.97 20.74
2013-03-31 99.80 -0.12 20.82
2012-12-31 98.49 1.86 20.86
2012-09-30 97.18 3.85 20.90
2012-06-30 98.07 6.01 20.22

*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.
  • Jersey Electricity has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Jersey Electricity used its assets more efficiently than the Europe Electric Utilities industry average last year based on Return on Assets.
  • Jersey Electricity's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Jersey Electricity'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.
Jersey Electricity has a total score of 3/6, 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.

Health

 How is Jersey Electricity'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 Jersey Electricity's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Jersey Electricity is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Jersey Electricity's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Jersey Electricity'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 1.3x 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 Jersey Electricity Company Filings, last reported 6 months ago.

LSE:JEL Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 188.73 30.24 15.74
2018-06-30 188.73 30.24 15.74
2018-03-31 179.42 30.24 9.77
2017-12-31 179.42 30.24 9.77
2017-09-30 176.26 30.24 8.08
2017-06-30 176.26 30.24 8.08
2017-03-31 172.78 34.24 4.56
2016-12-31 172.78 34.24 4.56
2016-09-30 164.11 31.18 1.93
2016-06-30 164.11 31.18 1.93
2016-03-31 158.52 30.24 8.91
2015-12-31 158.52 30.24 8.91
2015-09-30 147.73 30.24 12.50
2015-06-30 147.73 30.24 12.50
2015-03-31 146.91 30.24 8.11
2014-12-31 146.91 30.24 8.11
2014-09-30 146.14 30.24 9.78
2014-06-30 146.14 30.24 9.78
2014-03-31 150.48 31.24 11.46
2013-12-31 150.48 31.24 11.46
2013-09-30 148.83 10.24 4.80
2013-06-30 148.83 10.24 4.80
2013-03-31 146.96 8.24 9.18
2012-12-31 146.96 8.24 9.18
2012-09-30 136.21 0.31 14.33
2012-06-30 136.21 0.31 14.33
  • Jersey Electricity's level of debt (16%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (7% vs 16% today).
  • Debt is well covered by operating cash flow (89.2%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 12.1x coverage).
X
Financial health checks
We assess Jersey Electricity'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. Jersey Electricity 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.

Dividends

 What is Jersey Electricity'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
4.08%
Current annual income from Jersey Electricity dividends. Estimated to be 3.51% next year.
If you bought £2,000 of Jersey Electricity shares you are expected to receive £82 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?
  • Jersey Electricity's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2.01%).
  • Jersey Electricity's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.12%).
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
LSE:JEL 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 43 Stocks 4.6%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 705 Stocks 4.2%
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 5.1%

Industry and Market average data is calculated daily.

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

LSE:JEL Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2020-09-30 0.16 1.00
2019-09-30 0.16 1.00
LSE:JEL Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2019-01-28 0.186 3.988
2018-12-14 0.186 4.015
2018-01-17 0.178 3.742
2017-12-14 0.178 3.702
2016-12-14 0.135 3.077
2016-01-25 0.161 3.651
2015-12-18 0.161 3.422
2015-02-02 0.153 3.570
2014-12-18 0.153 4.221
2014-01-27 0.144 4.414
2013-12-18 0.116 3.688
2013-05-17 0.113 3.702
2012-12-21 0.110 3.894
2011-12-15 0.108 3.436
2011-12-14 0.108 3.209
2010-12-16 0.103 2.952
2009-12-18 0.098 2.818
2009-12-17 0.098 2.746
2009-04-20 0.093 2.658

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

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Jersey Electricity's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.1x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.2x coverage).
X
Income/ dividend checks
We assess Jersey Electricity'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 Jersey Electricity afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Jersey Electricity has a total score of 5/6, see the detailed checks below.


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

Management

 What is the CEO of Jersey Electricity'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
Chris Ambler
COMPENSATION £330,007
AGE 48
TENURE AS CEO 10.5 years
CEO Bio

Mr. Christopher John Ambler, also known as Chris, BA, MEng, CDipAF, CEng, MIMechE, MBA, has been the Chief Executive Officer of Jersey Electricity plc since October 1, 2008. Mr. Ambler has wide international experience of strategic and operational business development in the energy and technology sectors, gained whilst working for major corporations including ICI/Zeneca, BOC and British Gas/Centrica, as well as corporate finance consulting roles. He has been an Executive Director of Jersey Electricity plc since October 1, 2008. Mr. Ambler is a Director of Channel Islands Electricity Grid Limited. Externally, he is also a non-Executive Director of Apax Global Alpha Limited and Foresight Solar Fund Limited, both being listed funds on The London Stock Exchange. Mr. Ambler is a Chartered Engineer with a First Class Honours Degree from Queens' College Cambridge and an MBA from INSEAD, Europe's leading Business School.

CEO Compensation
  • Chris's compensation has been consistent with company performance over the past year.
  • Chris's remuneration is lower than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure of the Jersey Electricity management team in years:

8.4
Average Tenure
  • The average tenure for the Jersey Electricity management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Chris Ambler

TITLE
CEO & Executive Director
COMPENSATION
£330K
AGE
48
TENURE
10.5 yrs

Martin Magee

TITLE
Finance Director & Executive Director
COMPENSATION
£259K
AGE
58
TENURE
16.9 yrs

Mark Preece

TITLE
Operations Director
TENURE
2.1 yrs

Andrew Welsby

TITLE
Director of Human Resource

John Duquemin

TITLE
Chief Engineer

Peter Cadiou

TITLE
Head of Commercial Services
TENURE
5.3 yrs

Peter Routier

TITLE
Company Secretary
TENURE
23.3 yrs

Gregor Wake

TITLE
Financial Controller
TENURE
6.3 yrs
Board of Directors Tenure

Average tenure and age of the Jersey Electricity board of directors in years:

2.8
Average Tenure
57
Average Age
  • The average tenure for the Jersey Electricity board of directors is less than 3 years, this suggests a new board.
Board of Directors

Phil Austin

TITLE
Chairman of the Board
COMPENSATION
£27K
AGE
68
TENURE
0.2 yrs

Chris Ambler

TITLE
CEO & Executive Director
COMPENSATION
£330K
AGE
48
TENURE
10.5 yrs

Martin Magee

TITLE
Finance Director & Executive Director
COMPENSATION
£259K
AGE
58
TENURE
16.9 yrs

Aaron Le Cornu

TITLE
Senior Independent Director
COMPENSATION
£30K
AGE
48

Alan Bryce

TITLE
Non-Executive Director
COMPENSATION
£32K
AGE
58
TENURE
3.3 yrs

Wendy Dorman

TITLE
Non-Executive Director
COMPENSATION
£27K
AGE
56
TENURE
2.8 yrs

A. H. Taylor

TITLE
Non-Executive Director
COMPENSATION
£25K
TENURE
1.6 yrs

Peter Simon

TITLE
Non-Executive Director
TENURE
0.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
X
Management checks
We assess Jersey Electricity'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. Jersey Electricity 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.

News

Simply Wall St News

Is Jersey Electricity plc (LON:JEL) A Financially Sound Company?

However, an important fact which most ignore is: how financially healthy is the business? … Assessing first and foremost the financial health is. … Let's work through some financial health checks you may wish to consider if you're interested in this stock.

Simply Wall St -

Do Jersey Electricity plc’s (LON:JEL) Returns On Capital Employed Make The Cut?

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … What is Return On Capital Employed (ROCE)? … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.

Simply Wall St -

Our Take On Jersey Electricity plc's (LON:JEL) CEO Salary

In 2008 Chris Ambler was appointed CEO of Jersey Electricity plc (LON:JEL). … This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … How Does Chris Ambler's Compensation Compare With Similar Sized Companies?

Simply Wall St -

Why Jersey Electricity plc (LON:JEL) Could Have A Place In Your Portfolio

Help shape the future of investing tools and you could win a $250 gift card! … In the case of Jersey Electricity plc (LON:JEL), there's … that has been able to sustain great financial health over the past.

Simply Wall St -

Does Jersey Electricity plc's (LON:JEL) Past Performance Indicate A Stronger Future?

Below, I will examine Jersey Electricity plc's (LON:JEL) track record on a high level, to give you some insight into how the company has been performing against its long term trend and its industry peers. … Did JEL beat its long-term earnings growth trend and its industry. … However, this one-year growth rate has been lower than its average earnings growth rate over the past 5 years of 17%, indicating the rate at which JEL is growing has slowed down.

Simply Wall St -

Should Jersey Electricity plc (LON:JEL) Be Part Of Your Dividend Portfolio?

Jersey Electricity plc (LON:JEL) has pleased shareholders over the past 10 years, by paying out dividends. … Does Jersey Electricity tick all the boxes of a great dividend stock? … See our latest analysis for Jersey Electricity

Simply Wall St -

Despite Its High P/E Ratio, Is Jersey Electricity plc (LON:JEL) Still Undervalued?

We'll show how you can use Jersey Electricity plc's (LON:JEL) P/E ratio to inform your assessment of the investment opportunity. … Jersey Electricity has a price to earnings ratio of 11.51, based on the last twelve months. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St -

Jersey Electricity plc (LON:JEL): Time For A Financial Health Check

However, an important fact which most ignore is: how financially healthy is the business? … So, understanding the company's financial health becomes. … Here are few basic financial health checks you should consider before taking the plunge.

Simply Wall St -

What Should You Know About Jersey Electricity plc's (LON:JEL) Return On Capital?

and want to better understand how you can grow your money by investing in Jersey Electricity plc (LON:JEL). … Your return is tied to JEL’s ability to do this because the amount earned is used to invest in opportunities to grow the business or payout dividends, which are the two sources of return on investment. … To understand Jersey Electricity’s capital returns we will look at a useful metric called return on capital employed.

Simply Wall St -

Is Jersey Electricity plc's (LON:JEL) CEO Paid At A Competitive Rate?

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Chris Ambler's Compensation Compare With Similar Sized Companies. … At the time of writing our data says that Jersey Electricity plc has a market cap of UK£146m, and is paying total annual CEO compensation of UK£307k.

Simply Wall St -

Company Info

Description

Jersey Electricity plc, together with its subsidiaries, engages in the importation, generation, transmission, and distribution of electricity in Jersey, the Channel Islands. The company offers energy solutions and services for enterprises to switch their heating and cooling systems from fossil-based fuels to electric; and building services, including design, installation, and maintenance services, which cover heating systems, electric works, plumbing services, air conditioning, low energy and LED lighting, renewable systems, commercial refrigeration, and maintenance services. It also provides mechanical and electrical building consultancy services that include projects, such as serviced houses, hotels, leisure centers, office developments, schools, social housing estates, computer data centers, and retail outlets; designs, sells, and maintains refrigeration and catering equipment; and operates and leases Powerhouse retail park to retailers. In addition, the company engages in the provision of Jenworks, a multi-utility billing engine; and property management business, as well as other businesses, which comprise software development and consulting. Further, it provides a range of electrical appliances, such as cookers, washing machines, dishwashers, fridges, and freezers; small appliances comprising vacuum cleaners, kettles, coffee makers, toasters, blenders, and food processors; and TVs, computers, mobile devices, digital cameras, and game consoles, as well as cooking equipment and accessories through retail shop and online. The company was founded in 1924 and is headquartered in St Helier, Jersey.

Details
Name: Jersey Electricity plc
JEL
Exchange: LSE
Founded: 1924
£140,024,800
30,640,000
Website: http://www.jec.co.uk
Address: Jersey Electricity plc
The Powerhouse,
PO Box 45,
St Helier,
JE4 8NY,
Jersey
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
LSE JEL A Ordinary Shares London Stock Exchange GB GBP 24. Feb 1994
Number of employees
Current staff
Staff numbers
302
Jersey Electricity employees.
Industry
Electric Utilities
Utilities
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/18 20:41
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/03/14
Last earnings filing: 2019/01/28
Last earnings reported: 2018/09/30
Last annual earnings reported: 2018/09/30


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.