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.
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's share price has been volatile over the past 3 months.
7 Day Return
GB Renewable Energy
1 Year Return
GB Renewable Energy
Return vs Industry: UKW exceeded the UK Renewable Energy industry which returned -17.3% over the past year.
Return vs Market: UKW exceeded the UK Market which returned -12.8% over the past year.
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
Is Greencoat UK Wind 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: UKW (£1.41) is trading below our estimate of fair value (£2.64)
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 (44.9x) compared to the Renewable Energy industry average (28.2x).
PE vs Market: UKW is poor value based on its PE Ratio (44.9x) compared to the UK market (14.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate UKW's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: UKW is overvalued based on its PB Ratio (1.2x) compared to the GB Renewable Energy industry average (0.9x).
How is Greencoat UK Wind 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 Greencoat UK Wind 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 Greencoat UK Wind performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: UKW has high quality earnings.
Growing Profit Margin: UKW's current net profit margins (48.5%) are lower than last year (87.1%).
Past Earnings Growth Analysis
Earnings Trend: UKW's earnings have grown significantly by 32.9% 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 (-78.6%) over the past year, making it difficult to compare to the Renewable Energy industry average (25.4%).
Return on Equity
High ROE: UKW's Return on Equity (2.3%) is considered low.
How is Greencoat UK Wind's financial position?
Financial Position Analysis
Short Term Liabilities: UKW's short term assets (£25.3M) exceed its short term liabilities (£5.8M).
Long Term Liabilities: UKW's short term assets (£25.3M) do not cover its long term liabilities (£600.0M).
Debt to Equity History and Analysis
Debt Level: UKW's debt to equity ratio (32.6%) is considered satisfactory.
Reducing Debt: UKW's debt to equity ratio has increased from 21.6% to 32.6% over the past 5 years.
Debt Coverage: UKW's debt is well covered by operating cash flow (22.6%).
Interest Coverage: UKW's interest payments on its debt are well covered by EBIT (3.1x coverage).
What is Greencoat UK Wind's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: UKW's dividend (5.04%) is higher than the bottom 25% of dividend payers in the UK market (2.03%).
High Dividend: UKW's dividend (5.04%) is low compared to the top 25% of dividend payers in the UK market (5.69%).
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 (221.2%), 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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Tim Ingram (72yo)
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 Insurance (Europe) ...
|Independent Non-Executive Chairman and Chief Executive Officer||no data||no data||0.032% £684.6k|
|Senior Independent Director||no data||no data||0.0025% £52.9k|
|Non-Executive Director and Board Member||5.25yrs||no data||0.0062% £132.1k|
|Independent Non-Executive Director||7.5yrs||no data||0.0066% £142.4k|
|Independent Non-Executive Director||6.92yrs||no data||no data|
Experienced Board: UKW's board of directors are considered experienced (7.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: UKW 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 22.9%.
Greencoat UK Wind PLC's company bio, employee growth, exchange listings and data sources
- Name: Greencoat UK Wind PLC
- Ticker: UKW
- Exchange: LSE
- Founded: 2012
- Industry: Renewable Electricity
- Sector: Utilities
- Market Cap: UK£2.141b
- Shares outstanding: 1.52b
- Website: https://www.greencoat-ukwind.com
- Greencoat UK Wind PLC
- The Peak
- 5 Wilton Road
- Greater London
- SW1V 1AN
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|UKW||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||GBP||Mar 2013|
|3GC||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Mar 2013|
|UKWl||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||GBP||Mar 2013|
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 wind farms, the fund seeks to invest 40% of the Gross Asset Value at acquisition and where a utility company retains an equity interest for a lock-up period. The fund ensures that the total of short-term acquisition financing and long-term debt is between zero and 40% of Gross Asset Value at any time, with average total debt being between 20% and 30% in the longer term. It prefers to invest in projects and assets based in the United Kingdom. The fund seeks to acquire 100%, majority, or minority interests in individual wind farms.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/02 23:45|
|End of Day Share Price||2020/06/02 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.