NextEnergy Solar Fund Limited Red (NESF)

Sector:

Investment Firms

Index:

FTSE 250

65.10p
   
  • Change Today:
      0.70p
  • 52 Week High: 93.00p
  • 52 Week Low: 63.40p
  • Currency: UK Pounds
  • Shares Issued: 580.73m
  • Volume: 1,090,248
  • Market Cap: £378.06m
  • Beta: 0.61

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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Financials

Latest F'cast
Div Yield 12.8% 0.0%
Div Cover -0.2 0.8
Op Mrgn -10.3% 23.0%
ROCE n/a  
Latest F'cast
P/E n/a 9.9
PEG n/a n/a
Pr/Revenue 4.7 3.0
Pr/Book 0.6  
Latest F'cast
Revenue 2.3% 55.9%
PBT n/a n/a
EPS n/a n/a
DPS 11.0% 1.0%

NESF Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
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%
31-Mar-24 80.82 (8.36) (1.42)p n/a n/a n/a 8.35p 11.7%

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-25 126.00 29.00 6.60p 9.9 n/a n/a 8.43p 0.0%
31-Mar-26 135.00 65.00 8.80p 7.4 0.2 +33% 8.59p 0.0%

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NESF Company Announcements

Transaction in Own Shares 23-Dec-2024 07:00 RNS
Transaction in Own Shares 20-Dec-2024 07:00 RNS
Transaction in Own Shares 19-Dec-2024 07:00 RNS

NESF ShareCast News

NextEnergy Solar extends £70m Santander credit f... 10-May-2024 ShareCast
London midday: Stocks reverse gains to turn lowe... 28-Dec-2023 ShareCast
NextEnergy Solar reports strong year-end NAV per... 19-Jun-2023 ShareCast

Latest NESF Director Deals

Traded Action Notifier PriceAmountValue
17-Dec-24 Buy Helen M Mahy 65.35p 22,876 £14,948.32
13-Dec-24 Buy Caroline Chan 66.40p 39,000 £25,896.00
13-Dec-24 Buy Caroline Chan 66.40p 39,000 £25,896.00

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 65.10p
Change Today 0.70p
% Change 1.09 %
52 Week High 93.00p
52 Week Low 63.40p
Volume 1,090,248
Shares Issued 580.73m
Market Cap £378.06m
Beta 0.61

NESF Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
39.42% above the market average39.42% above the market average39.42% above the market average39.42% above the market average39.42% above the market average
38.69% above the sector average38.69% above the sector average38.69% above the sector average38.69% above the sector average38.69% above the sector average
Price Trend
55.66% below the market average55.66% below the market average55.66% below the market average55.66% below the market average55.66% below the market average
89.71% below the sector average89.71% below the sector average89.71% below the sector average89.71% below the sector average89.71% below the sector average
Income
63.41% above the market average63.41% above the market average63.41% above the market average63.41% above the market average63.41% above the market average
84.00% above the sector average84.00% above the sector average84.00% above the sector average84.00% above the sector average84.00% above the sector average
Growth
27.85% below the market average27.85% below the market average27.85% below the market average27.85% below the market average27.85% below the market average
23.13% below the sector average23.13% below the sector average23.13% below the sector average23.13% below the sector average23.13% below the sector average

What The Brokers Say

Strong Buy 0
Buy 0
Neutral 4
Sell 1
Strong Sell 0
Total 5
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
  Q2 Q1
Ex-Div 14-Nov-24 15-Aug-24
Paid 30-Dec-24 30-Sep-24
Amount 2.11p 2.10p

Trades for 24-Dec-2024

Time Volume / Share Price
12:38 37 @ 65.10p
12:38 37 @ 65.10p
12:35 24,482 @ 65.10p
12:35 74 @ 65.10p
12:35 2,567 @ 65.10p

NESF Key Personnel

Chair Helen M Mahy

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