OTCPK:CPWH.F

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Executive Summary

Ceres Power Holdings plc, a fuel cell technology and engineering company, engages in the development and commercialization of fuel cell technology in North America, Asia, and Europe.


Snowflake Analysis

Flawless balance sheet with limited growth.


Similar Companies

Share Price & News

How has Ceres Power Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

13.7%

CPWH.F

6.0%

US Electrical

3.0%

US Market


1 Year Return

178.3%

CPWH.F

24.2%

US Electrical

15.8%

US Market

Return vs Industry: CPWH.F exceeded the US Electrical industry which returned 20.6% over the past year.

Return vs Market: CPWH.F exceeded the US Market which returned 15.4% over the past year.


Shareholder returns

CPWH.FIndustryMarket
7 Day13.7%6.0%3.0%
30 Day-14.8%12.1%6.0%
90 Day19.9%23.9%16.4%
1 Year178.3%178.3%26.6%24.2%18.4%15.8%
3 Year276.5%276.5%37.8%30.4%44.8%35.4%
5 Yearn/a33.3%23.4%75.7%56.7%

Price Volatility Vs. Market

How volatile is Ceres Power Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Ceres Power Holdings undervalued compared to its fair value and its price relative to the market?

8.69x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate CPWH.F's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate CPWH.F's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: CPWH.F is unprofitable, so we can't compare its PE Ratio to the US Electrical industry average.

PE vs Market: CPWH.F is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CPWH.F's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CPWH.F is overvalued based on its PB Ratio (8.7x) compared to the US Electrical industry average (2.7x).


Next Steps

Future Growth

How is Ceres Power Holdings forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

39.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CPWH.F is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: CPWH.F is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: CPWH.F is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: CPWH.F's revenue (21.5% per year) is forecast to grow faster than the US market (9.4% per year).

High Growth Revenue: CPWH.F's revenue (21.5% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CPWH.F is forecast to be unprofitable in 3 years.


Next Steps

  • Explore growth companies in the Capital Goods industry.

Past Performance

How has Ceres Power Holdings performed over the past 5 years?

12.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CPWH.F is currently unprofitable.

Growing Profit Margin: CPWH.F is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CPWH.F is unprofitable, but has reduced losses over the past 5 years at a rate of 12% per year.

Accelerating Growth: Unable to compare CPWH.F's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CPWH.F is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (-23.1%).


Return on Equity

High ROE: CPWH.F has a negative Return on Equity (-5.5%), as it is currently unprofitable.


Next Steps

Financial Health

How is Ceres Power Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: CPWH.F's short term assets (£79.3M) exceed its short term liabilities (£9.8M).

Long Term Liabilities: CPWH.F's short term assets (£79.3M) exceed its long term liabilities (£5.1M).


Debt to Equity History and Analysis

Debt Level: CPWH.F is debt free.

Reducing Debt: CPWH.F has not had any debt for past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: CPWH.F has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: CPWH.F has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 9.1% each year


Next Steps

Dividend

What is Ceres Power Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate CPWH.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CPWH.F's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CPWH.F's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CPWH.F's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CPWH.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

5.6yrs

Average management tenure


CEO

Phil Caldwell (50 yo)

6.92yrs

Tenure

UK£424,035

Compensation

Mr. Philip Joseph Caldwell, also known as Phil, has been the Chief Executive Officer of Ceres Power Holdings PLC since September 2, 2013. Mr. Caldwell serves as Corporate Development Director of Intelligen ...


CEO Compensation Analysis

Compensation vs Market: Phil's total compensation ($USD556.68K) is below average for companies of similar size in the US market ($USD3.09M).

Compensation vs Earnings: Phil's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Philip Caldwell
CEO & Executive Director6.92yrsUK£424.04k0.035%
£ 376.5k
Richard Preston
CFO, Finance Director & Executive Director7.5yrsUK£209.98k0.035%
£ 370.7k
Mark Selby
Chief Technology Officer5.83yrsUK£145.43k0.023%
£ 248.1k
James Falla
Chief Operating Officer5.42yrsno data0.026%
£ 280.4k
Tony Cochrane
Chief Commercial Officer5yrsno datano data
Timothy Richard Anderson
Company Secretaryno datano datano data

5.6yrs

Average Tenure

50yo

Average Age

Experienced Management: CPWH.F's management team is seasoned and experienced (5.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Philip Caldwell
CEO & Executive Director6.92yrsUK£424.04k0.035%
£ 376.5k
Richard Preston
CFO, Finance Director & Executive Director7.5yrsUK£209.98k0.035%
£ 370.7k
Alan Aubrey
Non-Executive Director7.67yrsUK£45.00kno data
Warren Finegold
Independent Non-Executive Chairman0.17yrno datano data
Aidan Hughes
Independent Non-Executive Director5.5yrsUK£40.00k0.015%
£ 164.9k
Stephen Callaghan
Senior Independent Director6.42yrsUK£40.00k0.20%
£ 2.1m
Uwe Glock
Non-Executive Director0.17yrno datano data
Robert Trezona
Non-Executive Director7.67yrsUK£40.00k0.0073%
£ 77.4k
Caroline Hargrove
Independent Non-Executive Director1.83yrsUK£30.00kno data
Qinggui Hao
Non-Executive Director0.17yrno datano data

6.0yrs

Average Tenure

58.5yo

Average Age

Experienced Board: CPWH.F's board of directors are considered experienced (6 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 12.2%.


Top Shareholders

Company Information

Ceres Power Holdings plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ceres Power Holdings plc
  • Ticker: CPWH.F
  • Exchange: OTCPK
  • Founded: 2001
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: UK£811.701m
  • Listing Market Cap: UK£1.066b
  • Shares outstanding: 171.43m
  • Website: https://www.ceres.tech

Number of Employees


Location

  • Ceres Power Holdings plc
  • Viking House
  • Foundry Lane
  • Horsham
  • West Sussex
  • RH13 5PX
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CWRAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPNov 2004
CFJADB (Deutsche Boerse AG)YesOrdinary SharesDEEURNov 2004
CPWH.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDNov 2004

Biography

Ceres Power Holdings plc, a fuel cell technology and engineering company, engages in the development and commercialization of fuel cell technology in North America, Asia, and Europe. The company offers Ste ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/07 01:11
End of Day Share Price2020/08/06 00:00
Earnings2019/12/31
Annual Earnings2019/06/30


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.