NextEnergy Solar Fund Limited Red (NESF)

Sector:

Investment Firms

Index:

FTSE 250

85.40p
   
  • Change Today:
      0.100p
  • 52 Week High: 113.60p
  • 52 Week Low: 77.10p
  • Currency: UK Pounds
  • Shares Issued: 590.82m
  • Volume: 262,879
  • Market Cap: £504.56m
  • Beta: 0.41

NESF Overview

Investment Objective is to provide ordinary shareholders with attractive risk-adjusted returns, principally in the form of regular dividends, by investing in a diversified portfolio of primarily UK-based solar energy infrastructure assets.

1 Day Chart (08-12-2023)

1 Day Chart

6 Month Chart

6 Month Chart
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Financials

Latest F'cast
Div Yield 8.8% 0.0%
Div Cover 1.1 1.0
Op Mrgn 61.1% 63.3%
ROCE 5.5%  
Latest F'cast
P/E 10.4 10.3
PEG n/a 9.9
Pr/Revenue 6.4 4.2
Pr/Book 0.7  
Latest F'cast
Revenue 21.5% 51.9%
PBT -62.1% 57.1%
EPS -62.2% 1.0%
DPS 5.0% 10.8%

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-24 120.00 75.93 8.29p 10.3 9.9 +1% 8.33p 0.0%
31-Mar-25 141.00 93.44 10.93p 7.8 0.2 +32% 8.85p 0.0%
31-Mar-26 150.00 99.42 11.70p 7.3 1.0 +7% 9.09p 0.0%

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NESF Company Announcements

Interim Results & Capital Recycling Update 22-Nov-2023 07:00 RNS
Change to Director Roles and Responsibilities 21-Nov-2023 07:00 RNS
Investor Presentation via Investor Meet Company 17-Nov-2023 15:00 RNS

NESF ShareCast News

NextEnergy Solar reports strong year-end NAV per... 19-Jun-2023 ShareCast
NextEnergy Solar Fund's NAV grows in H1 21-Nov-2022 ShareCast
Next Energy Solar partners with Eelpower in new ... 12-Sep-2022 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 85.40p
Change Today 0.100p
% Change 0.12 %
52 Week High 113.60p
52 Week Low 77.10p
Volume 262,879
Shares Issued 590.82m
Market Cap £504.56m
Beta 0.41

NESF Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
77.42% above the market average77.42% above the market average77.42% above the market average77.42% above the market average77.42% above the market average
89.54% above the sector average89.54% above the sector average89.54% above the sector average89.54% above the sector average89.54% above the sector average
Price Trend
30.13% below the market average30.13% below the market average30.13% below the market average30.13% below the market average30.13% below the market average
60% below the sector average60% below the sector average60% below the sector average60% below the sector average60% below the sector average
Income
75.94% above the market average75.94% above the market average75.94% above the market average75.94% above the market average75.94% above the market average
96.54% above the sector average96.54% above the sector average96.54% above the sector average96.54% above the sector average96.54% above the sector average
Growth
0.21% above the market average0.21% above the market average0.21% above the market average0.21% above the market average0.21% above the market average
3.95% above the sector average3.95% above the sector average3.95% above the sector average3.95% above the sector average3.95% above the sector average

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 2
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 16-Nov-23 17-Aug-23
Paid 29-Dec-23 29-Sep-23
Amount 2.09p 2.08p

Trades for 08-Dec-2023

Time Volume / Share Price
16:45 97 @ 85.60p
16:35 35,083 @ 85.40p
16:35 2,761 @ 85.40p
16:35 6,101 @ 85.40p
16:35 3,180 @ 85.40p

NESF Key Personnel

Chair Helen M Mahy
CEO Michael Bonte-Friedheim

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