NextEnergy Solar Fund Limited Red (NESF)

Sector:

Investment Firms

Index:

FTSE 250

72.20p
   
  • Change Today:
      1.90p
  • 52 Week High: 108.60
  • 52 Week Low: 70.30
  • Currency: UK Pounds
  • Shares Issued: 590.82m
  • Volume: 1,863,195
  • Market Cap: £426.57m

NESF Overview

NextEnergy Solar Fund Limited is a renewable energy investment company. The Company’s investment objective is to provide ordinary shareholders with attractive risk adjusted returns, principally in the form of regular dividends, through a diversified portfolio of solar energy infrastructure assets and complementary technologies, such as energy storage. It seeks to achieve its investment objective by investing predominantly in solar photovoltaic (PV) assets. It seeks to provide ordinary shareholders with attractive risk-adjusted returns, principally in the form of regular dividends, by investing in a diversified portfolio of primarily the United Kingdom and Organization for Economic Co-operation and Development (OECD)-based solar energy infrastructure assets. The Company invests in solar PV assets primarily in the United Kingdom.

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1 Day Chart

6 Month Chart

6 Month Chart

Financials

Latest F'cast
Div Yield 10.4% 0.0%
Div Cover 1.1 0.5
Op Mrgn 61.1% 20.3%
ROCE 5.5%  
Latest F'cast
P/E 8.8 15.9
PEG n/a n/a
Pr/Revenue 5.4 3.1
Pr/Book 0.6  
Latest F'cast
Revenue 21.5% 74.6%
PBT -62.1% -42.0%
EPS -62.2% -44.6%
DPS 5.0% 11.0%

NESF Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-19 55.61 71.58 12.37p 9.5 0.1 +110% 6.65p 5.7%
31-Mar-20 61.19 (29.65) (5.09)p n/a n/a n/a 6.87p 6.8%
31-Mar-21 60.00 40.22 6.87p 14.5 n/a n/a 7.05p 7.1%
31-Mar-22 65.03 127.55 21.69p 4.8 0.0 +216% 7.16p 6.9%
31-Mar-23 79.02 48.32 8.20p 12.8 n/a -62% 7.52p 7.2%

a. Based on UK GAAP presentation of accounts - includes discontinued activities

NESF Forecasts

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-24 138.00 28.00 4.54p 15.9 n/a -45% 8.35p 0.0%
31-Mar-25 140.00 66.00 9.48p 7.6 0.1 +109% 9.10p 0.0%
31-Mar-26 145.00 66.00 8.34p 8.7 n/a -12% 9.33p 0.0%

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Latest NESF Director Deals

No deals were found in the last 28 days.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 3: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 4: In the case of dual listed securities, broker recommendations and forecasts relate to the primary listing.

Note 5: Forecast figures based on normalised accounts.

 

NESF Market Data

Currency UK Pounds
Share Price 72.20p
Change Today 1.90p
% Change 2.70 %
52 Week High 108.60
52 Week Low 70.30
Volume 1,863,195
Shares Issued 590.82m
Market Cap £426.57m

NESF Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
82.24% above the market average82.24% above the market average82.24% above the market average82.24% above the market average82.24% above the market average
91.97% above the sector average91.97% above the sector average91.97% above the sector average91.97% above the sector average91.97% above the sector average
Price Trend
52.35% below the market average52.35% below the market average52.35% below the market average52.35% below the market average52.35% below the market average
82.58% below the sector average82.58% below the sector average82.58% below the sector average82.58% below the sector average82.58% below the sector average
Income
80.13% above the market average80.13% above the market average80.13% above the market average80.13% above the market average80.13% above the market average
98.21% above the sector average98.21% above the sector average98.21% above the sector average98.21% above the sector average98.21% above the sector average
Growth
6.70% above the market average6.70% above the market average6.70% above the market average6.70% above the market average6.70% above the market average
12.50% above the sector average12.50% above the sector average12.50% above the sector average12.50% above the sector average12.50% above the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 2
Sell 1
Strong Sell 0
Total 4
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

NESF Dividends

  Latest Previous
  Q3 Q2
Ex-Div 15-Feb-24 16-Nov-23
Paid 28-Mar-24 29-Dec-23
Amount 2.09p 2.09p

Trades for 12-Apr-2024

Time Volume / Share Price
17:05 8,000 @ 72.20p
16:35 101,966 @ 72.20p
16:35 1 @ 72.20p
16:35 4,460 @ 72.20p
16:35 1,710 @ 72.20p

NESF Key Personnel

Chair Helen M Mahy
CEO Michael Bonte-Friedheim

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