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NextEnergy Solar Fund Share Price

NESF 121p 0.5  0.4%
19/08/19 3.00k

Relative Strength (%)
Volume Change (%)
10d v 3m
Price vs... (%)
52w High
50d MA
200d MA
Growth & Value
Margin of Safety (beta)
Screens Passed 1
Balance Sheet · Income Statement · Cashflow Financial Summary
Year End 31st Mar 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
Revenue £m
Operating Profit £m
Net Profit £m
EPS Reported p
EPS Normalised p
EPS Growth %
PE Ratio x
Operating Margin %
Op. Cashflow ps p
Capex ps p
Free Cashflow ps p
Last ex-div: 22nd Aug, paid: 30th Sep more... Dividends
Dividend ps p
Dividend Growth %
Dividend Yield %
Dividend Cover x
Balance Sheet
Cash etc £m
Working Capital £m
Net Fixed Assets £m
Net Debt £m
Book Value £m
Average Shares m
Book Value ps p +1.8%

FINANCIAL BRIEF: For the fiscal year ended 31 March 2019, NextEnergy Solar Fund Ltd revenues increased from £38.2M to £80.2M. Net income increased from £32.2M to £71.6M. Revenues reflect Net changes in fair value of financial increase from -£2.9M to £24.5M, Investment income increase of 33% to £47M, Management fee income increase of 38% to £8M. Net income benefited from Audit fees decrease of 12% to £156K (expense), Insurance decrease of 48% to £15K (expense). more »

Health Trend
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Recent History
Latest interim period (ended 31st Mar '19) vs. prior year
Sales Growth %
EPS Growth %
3yr Compound Annual Growth Rate
Sales Growth %
EPS Growth %
DPS Growth %

Broker Forecasts
31st Mar 2020
31st Mar 2021

Price Target: 1.16
(-4.11% below Price)
Net Profit EPS DPS Net Profit EPS DPS
Est. Long Term Growth Rate: n/a (£) (p) (p) (£) (p) (p)
Consensus Estimate
1m Change
3m Change
1 broker Broker Consensus Trend
Broker Recommendations for NextEnergy Solar Fund
Recommendation:Strong SellSellHoldBuyStrong Buy
No. of Analysts: 1 0 1 1 0

Named Brokers and Analysts
Stifel Nicolaus and Company, Incorporated Iain Scouller , Jefferies Matthew Hose , Macquarie Research Keegan Kruger ,

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: Jim Saber (PRE) , David Jackson (OTH) , Nathalie Osborn (OTH) , Tim Slusser (OTH) , Kevin Lyon (NEC) , Susan Inglis (NED) , Sharon Parr (NED) , Patrick Firth (NID) 56, Victor Holmes (NID) 58,

No. of Employees: n/a No. of Shareholders: n/a

Last Annual March 31st, 2019
Last Interim March 31st, 2019
Incorporated December 20, 2013
Public Since April 25, 2014
Shares in Issue 582,377,308
Free Float 582.0m (99.9%)

NESF Share Price Performance NESF Share Price Quote
0.5  0.4%
Traded 4:35pm · Minimum 15 min delayed · NMS: 3.00k

Latest NESF News Announcements (delayed)

Upcoming NESF Events
Thursday 22nd August, 2019
Dividend For NESF.L

Recent ↓
Thursday 8th August, 2019
NextEnergy Solar Fund Ltd Annual Shareholders Meeting
Tuesday 18th June, 2019
Full Year 2019 NextEnergy Solar Fund Ltd Earnings Release
Tuesday 18th June, 2019
Full Year 2019 NextEnergy Solar Fund Ltd Earnings Call
Thursday 23rd May, 2019
Dividend For NESF.L
Thursday 21st February, 2019
Dividend For NESF.L
Wednesday 14th November, 2018
Dividend For NESF.L
Thursday 8th November, 2018
NextEnergy Solar Fund Ltd Extraordinary Shareholders Meeting
Thursday 23rd August, 2018
Dividend For NESF.L
Thursday 9th August, 2018
NextEnergy Solar Fund Ltd Annual Shareholders Meeting
Thursday 24th May, 2018
Dividend For NESF.L
Thursday 22nd February, 2018
Dividend For NESF.L
Thursday 16th November, 2017
Dividend For NESF
Friday 22nd September, 2017
NextEnergy Solar Fund Ltd at Macquarie Alternative Energy Conference
Thursday 24th August, 2017
Dividend For NESF
Thursday 25th May, 2017
Dividend For NESF
Thursday 23rd February, 2017
Dividend For NESF
Thursday 17th November, 2016
Dividend For NESF
Thursday 25th August, 2016
Dividend For NESF
Wednesday 24th August, 2016
NextEnergy Solar Fund Ltd Annual Shareholders Meeting
Thursday 7th July, 2016
Dividend For NESF

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