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NESF - NextEnergy Solar Fund Share Price

108.79p -0.8  -0.7%

Last Trade - 8:41am

Sector
Financials
Size
Mid Cap
Market Cap £641.1m
Enterprise Value £616.0m
Revenue £-14.5m
Position in Universe 462nd / 1819
Bullish
Bearish
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Momentum
Relative Strength (%)
1m +3.68%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -13.4%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Mar 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
10.6 5.54 54.9 38.2 80.2 -14.5 179.3 208.9
-91.4 +1,659 -57.4 +98.0
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the fiscal year ended 31 March 2020, NextEnergy Solar Fund Ltd revenues decreased from £80.2M to -£14.5M. Net loss totaled £29.7M vs. income of £71.6M. Revenues reflect Net changes in fair value of financial decrease from £24.5M to -£75.7M, Investment income decrease of 9% to £42.9M. Net loss reflects Preference share dividends increase from £1.8M to £7.8M (expense), Legal and professional fees increase of 23% to £897K (expense).
Health Trend(F-Score)
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Bankruptcy Score(Z-Score)
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Safe
Earnings Manipulation Risk(M-Score)
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Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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Consensus Estimate
1m Change
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Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
NESF EPS Forecasts Unlock NESF Revenue
Profile Summary

NextEnergy Solar Fund Limited is a closed-ended investment company. The Company's principal activities and investment objectives are to provide investors with a sustainable and attractive dividend that increases in line with retail price index over the long-term by investing in a portfolio of solar photovoltaic (PV) assets that are located in the United Kingdom. It seeks to provide investors with an element of capital growth through the reinvestment of net cash generated in excess of the target dividend in accordance with its investment policy. Its portfolio includes over 60 solar PV plants that are located across approximately 20 different counties of England and Wales. In addition, the portfolio is diversified across over 20 non-connected contractors, approximately 10 different Tier 1 solar panel manufacturers and over nine Tier 1 inverter manufacturers. NextEnergy Capital IM Limited is the investment manager and NextEnergy Capital Limited is the investment advisor of the Company.

Directors
Last Annual March 31st, 2020
Last Interim March 31st, 2020
Incorporated December 20, 2013
Public Since April 25, 2014
No. of Shareholders: n/a
No. of Employees: n/a
Sector Financials
Industry Collective Investments
Index FTSE All Share , FTSE All Share Financials , FTSE All Share Equity Investment Instruments , FTSE 350 Higher Yield , FTSE 350 , FTSE 250 , FTSE 350 Equity Investment Instruments ,
Exchange London Stock Exchange (Full)
Shares in Issue 584,935,046
Free Float (0.0%)
Eligible for
ISAs
SIPPs
NESF Share Price Performance
Share Price
Bid - Ask
Low - High
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Day's Change
Avg Volume
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Range (12m)
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Latest News for NESF
Upcoming Events for NESF
Friday 7th August, 2020 Estimate
NextEnergy Solar Fund Ltd Annual Shareholders Meeting
Thursday 20th August, 2020
Dividend For NESF.L - 1.7625 GBX
Thursday 19th November, 2020
Dividend For NESF.L - 1.7625 GBX
Frequently Asked Questions for NextEnergy Solar Fund
What is the NextEnergy Solar Fund share price?

As of 8:41am, shares in NextEnergy Solar Fund are trading at 108.79p, giving the company a market capitalisation of £641.1m. This share price information is delayed by 15 minutes.

How has the NextEnergy Solar Fund share price performed this year?

Shares in NextEnergy Solar Fund are currently trading at 108.79p and the price has moved by -8.28% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the NextEnergy Solar Fund price has moved by 7.55% over the past year.

What are the analyst and broker recommendations for NextEnergy Solar Fund?

Of the analysts with advisory recommendations for NextEnergy Solar Fund, there are there are currently 0 "buy" , 4 "hold" and 0 "sell" recommendations. The overall consensus recommendation for NextEnergy Solar Fund is Hold. You can view the full broker recommendation list by unlocking its StockReport.

When will NextEnergy Solar Fund next release its financial results?

NextEnergy Solar Fund is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-03-31
What is the NextEnergy Solar Fund dividend yield?

The NextEnergy Solar Fund dividend yield is 6.27% based on the trailing twelve month period.

Does NextEnergy Solar Fund pay a dividend?

Last year, NextEnergy Solar Fund paid a total dividend of 0.07, and it currently has a trailing dividend yield of 6.27%. Looking ahead, shares in NextEnergy Solar Fund are due to go ex-dividend on 2020-08-20 and the next dividend pay date is 2020-09-30.

When does NextEnergy Solar Fund next pay dividends?

NextEnergy Solar Fund are due to go ex-dividend on 2020-08-20 and the next dividend pay date is 2020-09-30. The historic dividend yield on NextEnergy Solar Fund shares is currently 6.27%.

How do I buy NextEnergy Solar Fund shares?

To buy shares in NextEnergy Solar Fund you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of NextEnergy Solar Fund?

Shares in NextEnergy Solar Fund are currently trading at 108.79p, giving the company a market capitalisation of £641.1m.

Where are NextEnergy Solar Fund shares listed? Where are NextEnergy Solar Fund shares listed?

Here are the trading details for NextEnergy Solar Fund:

Country of listing: United Kingdom
Exchange: LSE
Ticker Symbol: NESF
What kind of share is NextEnergy Solar Fund?

Based on an overall assessment of its quality, value and momentum, NextEnergy Solar Fund is currently classified as a Style Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a NextEnergy Solar Fund share price forecast 2020?

Shares in NextEnergy Solar Fund are currently priced at 108.79p. At that level they are trading at 14.96% discount to the analyst consensus target price of 127.93.

How can I tell whether the NextEnergy Solar Fund share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like NextEnergy Solar Fund. Over the past six months, the relative strength of its shares against the market has been 9.95%. At the current price of 108.79p, shares in NextEnergy Solar Fund are trading at -4% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the NextEnergy Solar Fund PE Ratio?

We were not able to find PE ratio data for NextEnergy Solar Fund.

Who are the key directors of NextEnergy Solar Fund?

NextEnergy Solar Fund's management team is headed by:

Kevin Lyon - NEC
Patrick Firth - NID
Victor Holmes - NID
Sharon Parr - NED
Jim Saber - PRE
Tim Slusser - OTH
Nathalie Osborn - OTH
David Jackson - OTH
Susan Inglis - NED
Who are the major shareholders of NextEnergy Solar Fund?

Here are the top five shareholders of NextEnergy Solar Fund based on the size of their shareholding:

Artemis Investment Management LLP Investment Advisor/Hedge Fund
Percentage owned: 12.99% (76.0m shares)
M & G Investment Management Ltd. Investment Advisor
Percentage owned: 11.76% (68.8m shares)
Investec Wealth & Investment Limited Investment Advisor
Percentage owned: 8.62% (50.4m shares)
Artemis Income Fund Mutual Fund
Percentage owned: 7.35% (43.0m shares)
Baillie Gifford & Co. Investment Advisor
Percentage owned: 7.04% (41.2m shares)
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