OTCPK:CPWH.F

Stock Analysis Report

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

Fundamentals

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


Market Performance


7 Day Return

21.2%

OTCPK:CPWH.F

-1.0%

US Electrical

-1.2%

US Market


1 Year Return

n/a

OTCPK:CPWH.F

0.06%

US Electrical

3.4%

US Market

No trading data on CPWH.F.

No trading data on CPWH.F.


Share holder returns

CPWH.FIndustryMarket
7 Day21.2%-1.0%-1.2%
30 Day24.6%-1.4%0.7%
90 Dayn/a-6.3%1.7%
1 Yearn/a2.2%0.06%5.7%3.4%
3 Yearn/a32.3%24.5%45.1%35.5%
5 Year79.4%79.4%19.8%7.5%59.3%41.6%

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 based on future cash flows and its price relative to the stock market?

3.51x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Ceres Power Holdings to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Ceres Power Holdings to establish if it is available at substantial discount.


Price Based on Earnings

Ceres Power Holdings is loss making, we can't compare its value to the US Electrical industry average.

Ceres Power Holdings is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Ceres Power Holdings, we can't assess if its growth is good value.


Price Based on Value of Assets

Ceres Power Holdings is overvalued based on assets compared to the US Electrical industry average.


Next Steps

Future Growth

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

13.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Ceres Power Holdings's revenue is expected to grow significantly at over 20% yearly.

Ceres Power Holdings is not considered high growth as it is expected to be loss making for the next 1-3 years.

Ceres Power Holdings's revenue growth is expected to exceed the United States of America market average.

Unable to compare Ceres Power Holdings's earnings growth to the United States of America market average as it is expected to be loss making during the next 1-3 years.

Unable to compare Ceres Power Holdings's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Ceres Power Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

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

-1.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Ceres Power Holdings does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Ceres Power Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Ceres Power Holdings's 1-year growth to the US Electrical industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Ceres Power Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Ceres Power Holdings has efficiently used its assets last year compared to the US Electrical industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Ceres Power Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Ceres Power Holdings's financial position?


Financial Position Analysis

Ceres Power Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Ceres Power Holdings's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Ceres Power Holdings has no debt.

Ceres Power Holdings has not taken on any debt in the past 5 years.


Balance Sheet

Low level of unsold assets.

Ceres Power Holdings has no debt, it does not need to be covered by short term assets.


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.

Ceres Power Holdings has sufficient cash runway for more than 3 years based on current free cash flow.

Ceres Power Holdings has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 1.3% each year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate Ceres Power Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Ceres Power Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Ceres Power Holdings has not reported any payouts.

Unable to verify if Ceres Power Holdings's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Ceres Power Holdings has not reported any payouts.


Future Payout to Shareholders

No need to calculate the sustainability of Ceres Power Holdings's dividends in 3 years as they are not expected to pay a notable one for United States of America.


Next Steps

Management

What is the CEO of Ceres Power Holdings's salary, the management and board of directors tenure and is there insider trading?

4.3yrs

Average management tenure


CEO

Phil Caldwell (49yo)

5.8yrs

Tenure

UK£320,619

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

Phil's remuneration is lower than average for companies of similar size in United States of America.

Phil's compensation has increased whilst company is loss making.


Management Age and Tenure

4.3yrs

Average Tenure

49yo

Average Age

The tenure for the Ceres Power Holdings management team is about average.


Board Age and Tenure

5.6yrs

Average Tenure

57yo

Average Age

The tenure for the Ceres Power Holdings board of directors is about average.


Insider Trading

No 3 month individual insider trading information.


Recent Insider Transactions

BuyUS$11,66214 May 19
Philip Caldwell
EntityIndividual
Role
CEO & Executive Director
Member of the Board of Directors
Shares20,833
Max PriceUS$0.56
BuyUS$11,66214 May 19
Mark Selby
EntityIndividual
Role
Chief Technology Officer
Shares20,833
Max PriceUS$0.56
BuyUS$11,66214 May 19
Richard Preston
EntityIndividual
Role
CFO, Finance Director & Executive Director
Member of the Board of Directors
Shares20,833
Max PriceUS$0.56
BuyUS$185,61111 Dec 18
Stephen Callaghan
EntityIndividual
Role
Lead Director
Shares150,000
Max PriceUS$1.24

Ownership Breakdown


Management Team

  • Richard Preston (49yo)

    CFO, Finance Director & Executive Director

    • Compensation: £198.52k
  • Tony Cochrane

    Chief Commercial Officer

    • Tenure: 3.9yrs
  • Mark Selby (42yo)

    Chief Technology Officer

    • Tenure: 4.8yrs
    • Compensation: £180.73k
  • Phil Caldwell (49yo)

    CEO & Executive Director

    • Tenure: 5.8yrs
    • Compensation: £320.62k
  • James Falla

    Chief Operating Officer

    • Tenure: 4.3yrs
  • Caroline Buchan

    Company Secretary

    • Tenure: 2.8yrs

Board Members

  • AJ Aubrey (57yo)

    Non-Executive Chairman

    • Tenure: 6.6yrs
    • Compensation: £45.00k
  • Aidan Hughes (58yo)

    Non-Executive Director

    • Tenure: 4.4yrs
    • Compensation: £40.00k
  • Steve Callaghan (58yo)

    Senior Independent Director

    • Tenure: 5.3yrs
    • Compensation: £40.00k
  • Richard Preston (49yo)

    CFO, Finance Director & Executive Director

    • Tenure: 6.4yrs
    • Compensation: £198.52k
  • Robert Trezona

    Non-Executive Director

    • Tenure: 6.6yrs
    • Compensation: £40.00k
  • Phil Caldwell (49yo)

    CEO & Executive Director

    • Tenure: 5.8yrs
    • Compensation: £320.62k
  • Caroline Hargrove (51yo)

    Non Executive Director

    • Tenure: 0.8yrs
  • Haoran Hu (63yo)

    Non-Executive Director

    • Tenure: 0.6yrs

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£305.540m
  • Listing Market Cap: UK£381.996m
  • Shares outstanding: 152.77m
  • Website: Click here

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 Analysis2019/07/21 00:10
End of Day Share Price2019/07/19 00:00
Earnings2018/12/31
Annual Earnings2018/06/30


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.