LSE:UKW

Stock Analysis Report

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Executive Summary

Greencoat UK Wind PLC specializes in renewables infrastructure investments in energy, wind generation assets and onshore and offshore wind farm projects with a capacity of over 10 megawatt. More Details

Rewards


Snowflake Analysis

Share Price & News

How has Greencoat UK Wind's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-0.3%

UKW

-0.2%

GB Renewable Energy

-1.9%

GB Market


1 Year Return

-9.0%

UKW

0.6%

GB Renewable Energy

-14.5%

GB Market

Return vs Industry: UKW underperformed the UK Renewable Energy industry which returned 2.7% over the past year.

Return vs Market: UKW exceeded the UK Market which returned -14.2% over the past year.


Shareholder returns

UKWIndustryMarket
7 Day-0.3%-0.2%-1.9%
30 Day1.0%0.2%-1.7%
90 Day-7.8%0.9%-4.4%
1 Year-4.5%-9.0%7.2%0.6%-11.3%-14.5%
3 Year32.1%13.3%-7.3%-17.4%-9.0%-20.3%
5 Year56.6%20.0%11.6%-4.5%15.3%-10.6%

Price Volatility Vs. Market

How volatile is Greencoat UK Wind's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Greencoat UK Wind undervalued compared to its fair value and its price relative to the market?

20.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: UKW (£1.35) is trading below our estimate of fair value (£1.69)

Significantly Below Fair Value: UKW is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: UKW is poor value based on its PE Ratio (34.7x) compared to the XE Renewable Energy industry average (27.7x).

PE vs Market: UKW is poor value based on its PE Ratio (34.7x) compared to the UK market (18.1x).


Price to Earnings Growth Ratio

PEG Ratio: UKW is poor value based on its PEG Ratio (2.5x)


Price to Book Ratio

PB vs Industry: UKW is overvalued based on its PB Ratio (1.1x) compared to the GB Renewable Energy industry average (0.9x).

Future Growth

How is Greencoat UK Wind forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

14.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: UKW's forecast earnings growth (14% per year) is above the savings rate (1.2%).

Earnings vs Market: UKW's earnings (14% per year) are forecast to grow slower than the UK market (24.2% per year).

High Growth Earnings: UKW's earnings are forecast to grow, but not significantly.

Revenue vs Market: UKW's revenue (14.8% per year) is forecast to grow faster than the UK market (6% per year).

High Growth Revenue: UKW's revenue (14.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if UKW's Return on Equity is forecast to be high in 3 years time

Past Performance

How has Greencoat UK Wind performed over the past 5 years?

22.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: UKW has high quality earnings.

Growing Profit Margin: UKW's current net profit margins (57.9%) are lower than last year (79.7%).


Past Earnings Growth Analysis

Earnings Trend: UKW's earnings have grown significantly by 22.3% per year over the past 5 years.

Accelerating Growth: UKW's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: UKW had negative earnings growth (-62.2%) over the past year, making it difficult to compare to the Renewable Energy industry average (20%).


Return on Equity

High ROE: UKW's Return on Equity (3.2%) is considered low.

Financial Health

How is Greencoat UK Wind's financial position?


Financial Position Analysis

Short Term Liabilities: UKW's short term assets (£29.1M) exceed its short term liabilities (£3.4M).

Long Term Liabilities: UKW's short term assets (£29.1M) do not cover its long term liabilities (£627.0M).


Debt to Equity History and Analysis

Debt Level: UKW's debt to equity ratio (34.4%) is considered satisfactory.

Reducing Debt: UKW's debt to equity ratio has increased from 21.9% to 34.4% over the past 5 years.

Debt Coverage: UKW's debt is well covered by operating cash flow (21.9%).

Interest Coverage: UKW's interest payments on its debt are well covered by EBIT (4.2x coverage).


Balance Sheet

Dividend

What is Greencoat UK Wind current dividend yield, its reliability and sustainability?

5.26%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: UKW's dividend (5.26%) is higher than the bottom 25% of dividend payers in the UK market (1.83%).

High Dividend: UKW's dividend (5.26%) is low compared to the top 25% of dividend payers in the UK market (5.36%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, UKW has been paying a dividend for less than 10 years.

Growing Dividend: UKW'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 (180.4%), UKW'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.

Management

How experienced are the management team and are they aligned to shareholders interests?

7.5yrs

Average board tenure


CEO

Tim Ingram (73 yo)

no data

Tenure

Mr. Timothy Charles William Ingram, also known as Tim, MA, MBA, FCIB, has been the Chairman of the Board of QBE European Operations plc since March 1, 2016, QBE Re (Europe) Ltd. and QBE UK Limited (formerl ...


Board Members

NamePositionTenureCompensationOwnership
Timothy Charles Ingram
Independent Non-Executive Chairman and Chief Executive Officerno datano datano data
William Rickett
Senior Independent Directorno datano data0.0021%
£ 50.7k
Martin McAdam
Non-Executive Director and Board Member5.58yrsno data0.0054%
£ 133.2k
Shonaid Christina Jemmett-Page
Independent Non-Executive Director7.83yrsno data0.0064%
£ 157.1k
Dan Badger
Independent Non-Executive Director7.25yrsno datano data

7.5yrs

Average Tenure

67yo

Average Age

Experienced Board: UKW's board of directors are considered experienced (7.5 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 20.2%.


Top Shareholders

Company Information

Greencoat UK Wind PLC's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Greencoat UK Wind PLC
  • Ticker: UKW
  • Exchange: LSE
  • Founded: 2012
  • Industry: Renewable Electricity
  • Sector: Utilities
  • Market Cap: UK£2.462b
  • Shares outstanding: 1.82b
  • Website: https://www.greencoat-ukwind.com

Location

  • Greencoat UK Wind PLC
  • The Peak
  • 5 Wilton Road
  • London
  • Greater London
  • SW1V 1AN
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
UKWLSE (London Stock Exchange)YesOrdinary SharesGBGBPMar 2013
3GCDB (Deutsche Boerse AG)YesOrdinary SharesDEEURMar 2013
UKWlBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBGBPMar 2013

Biography

Greencoat UK Wind PLC specializes in renewables infrastructure investments in energy, wind generation assets and onshore and offshore wind farm projects with a capacity of over 10 megawatt. For offshore wi ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/19 21:10
End of Day Share Price2020/10/19 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.