NextEnergy Solar Fund (NESF) Share Price, News & Analysis

Company Overview

NextEnergy Solar Fund Limited specializes in investments in operational solar photovoltaic (PV) assets. The fund intends primarily to acquire operating assets, but may invest in assets that are under development, that is, at the stage of origination, project planning or construction. Within this sector it intends to acquire assets that are primarily ground-based and utility-scale and which are on sites that may be agricultural, industrial, and/or commercial. It invests in solar power plants. The fund may also acquire selected building-integrated installations. It invests in electric power by solar energy and independent power producers and energy traders. It seeks to invest in the United Kingdom. It will typically seek to acquire sole ownership, but may enter into joint ventures or acquire majority interests. Where an interest of less than 100 percent in a particular asset is acquired, the fund intends to secure controlling shareholder rights through shareholders' agreements or other legal arrangements. The fund will not invest more than 30 percent of the gross asset value in any one project. In case of under developed assets it will not invest more than 10 per cent of the gross asset value. It may invest by way of equity or a mix of equity and shareholder loans.

Key Stats

• Today's Range: 74 to 74.90
• 50-Day Range: 74.59 to 80.64
• 52-Week Range: 70.30 to 94.40
• Volume: 1.30 million shs
• Average Volume: 1.57 million shs
• Market Capitalization: £439.92 million
• P/E Ratio: 930.75
• Dividend Yield: 10.74%
• Price Target: N/A
• Consensus Rating: N/A

NESF Stock Analysis - Frequently Asked Questions

How have NESF shares performed this year?

NextEnergy Solar Fund's stock was trading at GBX 92.40 at the start of the year. Since then, NESF stock has decreased by 19.7% and is now trading at GBX 74.20.
View the best growth stocks for 2024 here.

How do I buy shares of NextEnergy Solar Fund?

Shares of NESF stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
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What other stocks do shareholders of NextEnergy Solar Fund own?

Based on aggregate information from My MarketBeat watchlists, some other companies that NextEnergy Solar Fund investors own include Foresight Solar (FSFL), Aviva (AV), Unilever (ULVR), BT Group (BT.A), Legal & General Group (LGEN), The Renewables Infrastructure Group (TRIG) and Alibaba Group (BABA).

Company Calendar

• Ex-Dividend for 9/30 Dividend: 8/15/2024
• Dividend Payable: 9/30/2024
• Today: 11/04/2024

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: N/A
• Current Symbol: LON:NESF
• CUSIP: N/A
• CIK: N/A
• Web: nextenergysolarfund.com
• Phone: +44-1481-713843
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): GBX 0.08
• Trailing P/E Ratio: 932.38
• Forward P/E Ratio: 9.54
• P/E Growth: 1.17
• Net Income: £-40,400,000.00
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -5.92%
• Return on Assets: -2.16%

Debt

• Debt-to-Equity Ratio: 30.98
• Current Ratio: 14.49
• Quick Ratio: 13.96

Sales & Book Value

• Annual Sales: £-22,750,000.00
• Price / Sales: -19.37
• Cash Flow: GBX 1.37 per share
• Price / Cash Flow: 54.58
• Book Value: GBX 108 per share
• Price / Book: 0.69

Miscellaneous

• Outstanding Shares: 590,820,000
• Free Float: N/A
• Market Cap: £440.69 million
• Optionable: Not Optionable
• Beta: 0.29