NextEnergy Solar Fund Limited Red (NESF)

Sector:

Investment Firms

Index:

FTSE 250

74.80p
   
  • Change Today:
      1.70p
  • 52 Week High: 101.00
  • 52 Week Low: 70.30
  • Currency: UK Pounds
  • Shares Issued: 590.82m
  • Volume: 3,792,352
  • Market Cap: £441.93m

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 10.1% 0.0%
Div Cover 1.1 0.8
Op Mrgn 61.1% 5.1%
ROCE 5.5%  
Latest F'cast
P/E 9.1 n/a
PEG n/a n/a
Pr/Revenue 5.6 3.2
Pr/Book 0.7  
Latest F'cast
Revenue 21.5% 74.6%
PBT -62.1% -85.5%
EPS -62.2% n/a
DPS 5.0% 10.7%

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 7.00 (1.40)p n/a n/a n/a 8.33p 0.0%
31-Mar-25 137.00 74.00 6.60p 11.3 n/a n/a 8.42p 0.0%
31-Mar-26 141.00 68.00 8.80p 8.5 0.3 +33% 8.55p 0.0%

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NESF Company Announcements

Director Declaration 31-May-2024 15:13 RNS
Notice of Full Year Results 31-May-2024 07:00 RNS
11th Dividend Target Increase 15-May-2024 07:02 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

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 74.80p
Change Today 1.70p
% Change 2.33 %
52 Week High 101.00
52 Week Low 70.30
Volume 3,792,352
Shares Issued 590.82m
Market Cap £441.93m

NESF Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
83.29% above the market average83.29% above the market average83.29% above the market average83.29% above the market average83.29% above the market average
91.39% above the sector average91.39% above the sector average91.39% above the sector average91.39% above the sector average91.39% above the sector average
Price Trend
59.7% below the market average59.7% below the market average59.7% below the market average59.7% below the market average59.7% below the market average
86.1% below the sector average86.1% below the sector average86.1% below the sector average86.1% below the sector average86.1% below the sector average
Income
46.78% above the market average46.78% above the market average46.78% above the market average46.78% above the market average46.78% above the market average
92.92% above the sector average92.92% above the sector average92.92% above the sector average92.92% above the sector average92.92% above the sector average
Growth
13.00% above the market average13.00% above the market average13.00% above the market average13.00% above the market average13.00% above the market average
18.18% above the sector average18.18% above the sector average18.18% above the sector average18.18% above the sector average18.18% above the sector average

What The Brokers Say

Strong Buy 0
Buy 0
Neutral 3
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
  Q4 Q3
Ex-Div 23-May-24 15-Feb-24
Paid 28-Jun-24 28-Mar-24
Amount 2.09p 2.09p

Trades for 14-Jun-2024

Time Volume / Share Price
16:35 88,092 @ 74.80p
16:35 3,333 @ 74.80p
16:35 323 @ 74.80p
16:35 15,718 @ 74.80p
16:35 7,086 @ 74.80p

NESF Key Personnel

Chair Helen M Mahy
CEO Michael Bonte-Friedheim

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