NextEnergy Solar Fund Limited Red (NESF)

Sector:

Investment Firms

Index:

FTSE 250

71.20p
   
  • Change Today:
    -0.70p
  • 52 Week High: 93.00
  • 52 Week Low: 70.10
  • Currency: UK Pounds
  • Shares Issued: 582.26m
  • Volume: 3,889,320
  • Market Cap: £414.57m
  • Beta: 0.60

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.

1 Day Chart

1 Day Chart

6 Month Chart

6 Month Chart

Financials

Latest F'cast
Div Yield 11.7% 0.0%
Div Cover -0.2 0.8
Op Mrgn -10.3% 53.6%
ROCE n/a  
Latest F'cast
P/E n/a 10.8
PEG n/a n/a
Pr/Revenue 5.1 3.0
Pr/Book 0.7  
Latest F'cast
Revenue 2.3% 70.7%
PBT n/a n/a
EPS n/a n/a
DPS 11.0% 0.8%

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-25 138.00 74.00 6.60p 10.8 n/a n/a 8.42p 0.0%
31-Mar-26 136.00 63.00 8.80p 8.1 0.2 +33% 8.54p 0.0%

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NESF Company Announcements

Transaction in Own Shares 21-Nov-2024 07:02 RNS
Phase III of Capital Recycling Programme 21-Nov-2024 07:01 RNS
Interim Results 21-Nov-2024 07:00 RNS

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 71.20p
Change Today -0.70p
% Change -0.97 %
52 Week High 93.00
52 Week Low 70.10
Volume 3,889,320
Shares Issued 582.26m
Market Cap £414.57m
Beta 0.60

NESF Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
35.97% above the market average35.97% above the market average35.97% above the market average35.97% above the market average35.97% above the market average
24.91% above the sector average24.91% above the sector average24.91% above the sector average24.91% above the sector average24.91% above the sector average
Price Trend
40.12% below the market average40.12% below the market average40.12% below the market average40.12% below the market average40.12% below the market average
77.36% below the sector average77.36% below the sector average77.36% below the sector average77.36% below the sector average77.36% below the sector average
Income
63.14% above the market average63.14% above the market average63.14% above the market average63.14% above the market average63.14% above the market average
83.00% above the sector average83.00% above the sector average83.00% above the sector average83.00% above the sector average83.00% above the sector average
Growth
29.13% below the market average29.13% below the market average29.13% below the market average29.13% below the market average29.13% below the market average
26.24% below the sector average26.24% below the sector average26.24% below the sector average26.24% below the sector average26.24% below the sector average

What The Brokers Say

Strong Buy 0
Buy 0
Neutral 5
Sell 0
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 21-Nov-2024

Time Volume / Share Price
16:43 100,000 @ 71.64p
16:37 26,113 @ 71.20p
16:29 118 @ 71.10p
16:29 10,000 @ 71.40p
16:29 77 @ 71.10p

NESF Key Personnel

Chair Helen M Mahy

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