Share Price & News
How has Renewables Infrastructure Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TRIG is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: TRIG's weekly volatility (2%) has been stable over the past year.
7 Day Return
GB Renewable Energy
1 Year Return
GB Renewable Energy
Return vs Industry: TRIG underperformed the UK Renewable Energy industry which returned 36.1% over the past year.
Return vs Market: TRIG underperformed the UK Market which returned 1.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Renewables Infrastructure Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Renewables Infrastructure 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: TRIG (£1.3) is trading below our estimate of fair value (£2.39)
Significantly Below Fair Value: TRIG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TRIG is good value based on its PE Ratio (22.3x) compared to the XE Renewable Energy industry average (31.4x).
PE vs Market: TRIG is good value based on its PE Ratio (22.3x) compared to the UK market (24.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TRIG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TRIG's PB Ratio (1.1x) is in line with the GB Renewable Energy industry average.
How is Renewables Infrastructure Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Utilities 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 Renewables Infrastructure Group 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.
How has Renewables Infrastructure Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TRIG has high quality earnings.
Growing Profit Margin: TRIG's current net profit margins (84%) are lower than last year .
Past Earnings Growth Analysis
Earnings Trend: TRIG's earnings have grown significantly by 21.8% per year over the past 5 years.
Accelerating Growth: TRIG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TRIG had negative earnings growth (-38%) over the past year, making it difficult to compare to the Renewable Energy industry average (17%).
Return on Equity
High ROE: TRIG's Return on Equity (4.6%) is considered low.
How is Renewables Infrastructure Group's financial position?
Financial Position Analysis
Short Term Liabilities: TRIG's short term assets (£35.6M) exceed its short term liabilities (£1.7M).
Long Term Liabilities: TRIG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TRIG is debt free.
Reducing Debt: TRIG has not had any debt for past 5 years.
Debt Coverage: TRIG has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TRIG has no debt, therefore coverage of interest payments is not a concern.
What is Renewables Infrastructure Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TRIG's dividend (5.18%) is higher than the bottom 25% of dividend payers in the UK market (1.47%).
High Dividend: TRIG's dividend (5.18%) is in the top 25% of dividend payers in the UK market (4.48%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, TRIG has been paying a dividend for less than 10 years.
Growing Dividend: TRIG's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (115.5%), TRIG's dividend payments are not well covered by earnings.
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.
How experienced are the management team and are they aligned to shareholders interests?
Renewables Infrastructure Group has no CEO, or we have no data on them.
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 been diluted in the past year, with total shares outstanding growing by 16.3%.
The Renewables Infrastructure Group Limited's company bio, employee growth, exchange listings and data sources
- Name: The Renewables Infrastructure Group Limited
- Ticker: TRIG
- Exchange: LSE
- Founded: 2013
- Industry: Renewable Electricity
- Sector: Utilities
- Market Cap: UK£2.471b
- Shares outstanding: 1.90b
- Website: https://www.trig-ltd.com
- The Renewables Infrastructure Group Limited
- East Wing
- Trafalgar Court
- Saint Peter Port
- GY1 3PP
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TRIG||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||GBP||Jul 2013|
|R7I||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jul 2013|
|TRIGl||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||GBP||Jul 2013|
The Renewables Infrastructure Group Limited specializes in infrastructure investments. The fund typically invests in operational assets which generate electricity from renewable sources, with a particular ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/03/03 18:51|
|End of Day Share Price||2021/03/03 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.