New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services.
The last earnings update was 42 days ago.
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
New Jersey Resources. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
New Jersey Resources's
is considered below, and whether this is a fair price.
Price based on past earnings
New Jersey Resources's earnings available for a low price, and how does
this compare to other companies in the same industry?
New Jersey Resources's earnings are expected to grow by 6% yearly, however this is not considered high growth (20% yearly).
New Jersey Resources's revenue is expected to grow by 1.6% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
New Jersey Resources's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
New Jersey Resources
has a total score of
3/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
New Jersey Resources's finances.
The net worth of a company is the difference between its assets and liabilities.
New Jersey Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
New Jersey Resources's long term commitments exceed its cash and other short term assets.
This treemap shows a more detailed breakdown of
New Jersey Resources's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Debt is not covered by short term assets, assets are 0.6x debt.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Laurence M. Downes, also known as Larry, has been the Chairman of the Board of New Jersey Resources Corporation since September 1996 and has been its Chief Executive Officer since July 1995. Mr. Downes has been the Chairman of New Jersey Economic Development Authority since February 2018. Mr. Downes has been Chief Executive Officer of New Jersey Natural Gas since March 2015 and also has been its Chairman since 2015. He served as the President at New Jersey Natural Gas Company till 2018. He serves as the President and Chief Executive Officer of NJR Clean Energy Ventures, NJR Energy Services, NJR Midstream and NJR Service Corporation. He served as the President of New Jersey Resources Corporation since July 1995 until September 30, 2018 and serves as its Chief Executive Officer since July 1995. He has been a Director at New Jersey Resources Corporation since 1995. He serves as the Chairman of John J. Heldrich Center for Workforce Development’s National Advisory Board and Member of National Petroleum Council. Mr. Downes is a Director of the American Gas Association, Trustee of the American Gas Foundation, and a Member of the Board of Directors of the New Jersey Economic Development Authority and the John J. Heldrich Center for Workforce Development’s National Advisory Board at Rutgers University and serves as a member of the Board of Horizon Blue Cross Blue Shield of New Jersey. Mr. Downes served as a Director of Energen Corporation since May 2017 until June 4, 2018. He is Chair of Drumthwacket Foundation. Mr. Downes provides the Board with strong leadership and direction and a considerable amount of experience. He served as a Director of Questar Corporation from 2010 to September 2016. His years of service on the Board, he has developed extensive knowledge in the areas of leadership, strategy, safety, risk oversight, management and corporate governance, each of which provides great value to the Board. He served as Chairman of the American Gas Association, Trustee of the American Gas Foundation and the Natural Gas Council. Mr. Downes is a Graduate of Iona College with B.B.A. in Finance and M.B.A. and an alumnus of Harvard Business School’s Advanced Management Program.
Larry's compensation has been consistent with company performance over the past year.
Larry's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the
New Jersey Resources
management team in years:
The tenure for the New Jersey Resources management team is about average.
Chairman & CEO
Senior VP & CFO
Senior VP & General Counsel
Senior VP & Chief HR Officer
VP & Chief Information Officer
Director of Investor Relations
Chief Communications Officer & Chief of Staff
Executive Vice President
Board of Directors Tenure
Average tenure and age of the
New Jersey Resources
board of directors in years:
The average tenure for the New Jersey Resources board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Does New Jersey Resources Corporation's (NYSE:NJR) P/E Ratio Signal A Buying Opportunity?
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … Based on the last twelve months, New Jersey Resources's P/E ratio is 22.34. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)
Should You Be Concerned With New Jersey Resources Corporation's (NYSE:NJR) -11% Earnings Drop?
When New Jersey Resources Corporation (NYSE:NJR) released its most recent earnings update (31 December 2018), I compared it against two factor: its historical earnings track record, and the performance of its industry peers on average. … Was NJR's recent earnings decline indicative of a tough track record. … Furthermore, this one-year growth rate has been lower than its average earnings growth rate over the past 5 years of 8.9%, indicating the rate at which NJR is growing has slowed down
Why You Should Care About New Jersey Resources Corporation’s (NYSE:NJR) Cash Levels
Two important questions to ask before you buy New Jersey Resources Corporation (NYSE:NJR) is, how it makes money and how it spends its cash. … Today we will examine New Jersey Resources’s ability to generate cash flows, as well as the level of capital expenditure it is expected to incur over the next couple of years, which will result in how much money goes to you. … New Jersey Resources’s free cash flow (FCF) is the level of cash flow the business generates from its operational activities, after it reinvests in the company as capital expenditure
What Should You Know About New Jersey Resources Corporation's (NYSE:NJR) Future?
Want to participate in a short research study? … Help shape the future of investing tools and you could win a $250 gift card! … Based on New Jersey Resources Corporation's (NYSE:NJR) recently announced earnings update on 31 December 2018,
Is New Jersey Resources Corporation's (NYSE:NJR) CEO Pay Justified?
Larry Downes became the CEO of New Jersey Resources Corporation (NYSE:NJR) in 1995. … First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Larry Downes's Compensation Compare With Similar Sized Companies?
New Jersey Resources Corporation (NYSE:NJR) Insiders Have Been Selling
So we'll take a look at whether insiders have been buying or selling shares in New Jersey Resources Corporation (NYSE:NJR). … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … The Last 12 Months Of Insider Transactions At New Jersey Resources.
What Type Of Shareholder Owns New Jersey Resources Corporation's (NYSE:NJR)?
Every investor in New Jersey Resources Corporation (NYSE:NJR) should be aware of the most powerful shareholder groups. … Our analysis of the ownership of the company, below, shows that. … See our latest analysis for New Jersey Resources
New Jersey Resources Corporation (NYSE:NJR): Why Return On Capital Employed Is Important
and want to begin learning the link between New Jersey Resources Corporation (NYSE:NJR)’s return fundamentals and stock market performance. … Therefore, looking at how efficiently New Jersey Resources is able to use capital to create earnings will help us understand your potential return. … Investors use many different metrics but the analysis below focuses on return on capital employed (ROCE).
New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services. The company operates through four segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Midstream segments. The Natural Gas Distribution segment offers regulated retail natural gas services to approximately 538,700 residential and commercial customers in central and northern New Jersey; provides storage management services; and participates in the off-system sales and capacity release markets. The Clean Energy Ventures segment invests in commercial and residential solar projects located in New Jersey; and onshore wind projects. The Energy Services segment provides unregulated wholesale energy management services to other energy companies and natural gas producers, as well as maintains and transacts a portfolio of physical assets consisting of natural gas storage and transportation contracts in the United States and Canada. The Midstream segment invests in natural gas transportation and storage facilities. The company offers heating, ventilation, and cooling services; holds commercial real estate properties; and provides solar equipment installation, and plumbing repair and installation services, as well as engages in the water appliance sale, installation, and servicing activities. New Jersey Resources Corporation was founded in 1922 and is based in Wall, New Jersey.
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