Greencoat Renewables PLC invests in, acquires, operates, and manages wind farms.
Moderate growth potential with imperfect balance sheet.
Share Price & News
How has Greencoat Renewables's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GRP has not had significant price volatility in the past 3 months.
7 Day Return
IE Renewable Energy
1 Year Return
IE Renewable Energy
Return vs Industry: GRP underperformed the Irish Renewable Energy industry which returned 21.8% over the past year.
Return vs Market: GRP underperformed the Irish Market which returned 5.3% over the past year.
Price Volatility Vs. Market
How volatile is Greencoat Renewables's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StTime To Worry? Analysts Are Downgrading Their Greencoat Renewables PLC (ISE:GRP) Outlook
6 months ago | Simply Wall StDo Institutions Own Shares In Greencoat Renewables PLC (ISE:GRP)?
1 year ago | Simply Wall StShould Greencoat Renewables PLC (ISE:GRP) Focus On Improving This Fundamental Metric?
Is Greencoat Renewables undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: GRP (€1.17) is trading above our estimate of fair value (€0.96)
Significantly Below Fair Value: GRP is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GRP is poor value based on its PE Ratio (33.8x) compared to the Renewable Energy industry average (27x).
PE vs Market: GRP is poor value based on its PE Ratio (33.8x) compared to the Irish market (14.3x).
Price to Earnings Growth Ratio
PEG Ratio: GRP is poor value based on its PEG Ratio (2.3x)
Price to Book Ratio
PB vs Industry: GRP is good value based on its PB Ratio (1.1x) compared to the XE Renewable Energy industry average (1.6x).
How is Greencoat Renewables forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GRP's forecast earnings growth (14.7% per year) is above the savings rate (0.7%).
Earnings vs Market: GRP's earnings (14.7% per year) are forecast to grow slower than the Irish market (15.9% per year).
High Growth Earnings: GRP's earnings are forecast to grow, but not significantly.
Revenue vs Market: GRP's revenue (65.8% per year) is forecast to grow faster than the Irish market (6.3% per year).
High Growth Revenue: GRP's revenue (65.8% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GRP's Return on Equity is forecast to be low in 3 years time (5%).
How has Greencoat Renewables performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: GRP has high quality earnings.
Growing Profit Margin: GRP's current net profit margins are lower than last year .
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if GRP's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: GRP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GRP had negative earnings growth (-60.8%) over the past year, making it difficult to compare to the Renewable Energy industry average (21.9%).
Return on Equity
High ROE: GRP's Return on Equity (2.6%) is considered low.
How is Greencoat Renewables's financial position?
Financial Position Analysis
Short Term Liabilities: GRP's short term assets (€9.4M) do not cover its short term liabilities (€209.5M).
Long Term Liabilities: GRP has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GRP's debt to equity ratio (31.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if GRP's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: GRP's debt is not well covered by operating cash flow (7.4%).
Interest Coverage: Insufficient data to determine if GRP's interest payments on its debt are well covered by EBIT.
What is Greencoat Renewables's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GRP's dividend (5.15%) is higher than the bottom 25% of dividend payers in the Irish market (2.38%).
High Dividend: GRP's dividend (5.15%) is low compared to the top 25% of dividend payers in the Irish market (5.23%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, GRP has been paying a dividend for less than 10 years.
Growing Dividend: GRP's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (174.2%), GRP's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: GRP's dividends in 3 years are not forecast to be well covered by earnings (99% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Greencoat Renewables 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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 21.3%.
Greencoat Renewables PLC's company bio, employee growth, exchange listings and data sources
- Name: Greencoat Renewables PLC
- Ticker: GRP
- Exchange: ISE
- Founded: 2017
- Industry: Renewable Electricity
- Sector: Utilities
- Market Cap: €737.825m
- Shares outstanding: 630.62m
- Website: https://www.greencoat-renewables.com
- Greencoat Renewables PLC
- Riverside One
- Sir John Rogerson's Quay
- Co. Dublin
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GRP||ISE (Irish Stock Exchange)||Yes||Ordinary Shares of Par Value Euro 0.01||IE||EUR||Jul 2017|
|GRP||AIM (London Stock Exchange AIM Market)||Yes||Ordinary Shares of Par Value Euro 0.01||GB||EUR||Jul 2017|
|GRPI||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares of Par Value Euro 0.01||GB||EUR||Jul 2017|
Greencoat Renewables PLC invests in, acquires, operates, and manages wind farms. The company operates wind farms with an aggregate generating capacity of approximately 462 megawatts in Ireland. Greencoat Renewables PLC was incorporated in 2017 and is based in Dublin, Ireland.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/05 01:20|
|End of Day Share Price||2020/06/04 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.