NextEnergy Solar Fund Ltd (NESF.L)
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.
Company Info
| ISIN | GG00BJ0JVY01 |
|---|---|
| Sector | Financial Services |
| Industry | Collective Investments |
Highlights
| Market Cap | £445.47M |
|---|---|
| EPS (TTM) | £0.01 |
| PE Ratio | 74.60 |
| Total Revenue (TTM) | £12.00M |
| Gross Profit (TTM) | £12.00M |
| EBITDA (TTM) | -£4.99M |
| Year Range | £66.66 - £87.08 |
| Target Price | £96.00 |
Share Price Chart
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Compare to other instruments
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Popular comparisons: NESF.L vs. OKE, NESF.L vs. SWDA.L, NESF.L vs. GCP.L, NESF.L vs. SPY
Performance
Performance Chart
The chart shows the growth of an initial investment of £10,000 in NextEnergy Solar Fund Ltd, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
NextEnergy Solar Fund Ltd had a return of -12.48% year-to-date (YTD) and -1.96% in the last 12 months. Over the past 10 years, NextEnergy Solar Fund Ltd had an annualized return of 1.80%, while the S&P 500 had an annualized return of 11.41%, indicating that NextEnergy Solar Fund Ltd did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -12.48% | 25.70% |
| 1 month | -3.62% | 3.51% |
| 6 months | 2.71% | 14.80% |
| 1 year | -1.96% | 37.91% |
| 5 years (annualized) | -2.40% | 14.18% |
| 10 years (annualized) | 1.80% | 11.41% |
Monthly Returns
The table below presents the monthly returns of NESF.L, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -6.60% | -10.55% | -4.79% | 5.87% | -2.23% | 12.92% | 3.94% | -2.50% | -0.00% | -6.60% | -12.48% | ||
| 2023 | -0.18% | -1.03% | -2.96% | 3.44% | -4.00% | -7.53% | -0.95% | -2.93% | -2.93% | -9.86% | 12.72% | 8.07% | -9.80% |
| 2022 | 0.20% | -0.01% | 3.40% | 4.64% | 1.43% | 0.93% | 3.67% | 9.70% | -9.02% | -3.42% | 5.78% | -0.18% | 17.08% |
| 2021 | -1.88% | -3.70% | 0.61% | -1.51% | 3.73% | 1.00% | 1.39% | -1.56% | 0.81% | -0.20% | 1.31% | 2.52% | 2.31% |
| 2020 | -4.44% | 0.60% | -13.62% | 11.33% | -3.61% | -0.19% | 0.19% | 0.34% | -3.59% | 5.29% | 1.09% | -0.19% | -8.41% |
| 2019 | -0.43% | 2.77% | 1.29% | 0.43% | -0.30% | 3.02% | -2.09% | 4.05% | 1.67% | -1.64% | 3.53% | 1.22% | 14.14% |
| 2018 | 0.44% | -0.33% | -0.45% | -1.35% | 1.49% | -1.37% | 0.46% | 1.52% | 2.77% | -0.45% | 1.05% | 4.07% | 7.98% |
| 2017 | 3.02% | 1.24% | -0.23% | 3.17% | 2.28% | -1.30% | -0.22% | -0.22% | -0.44% | -0.44% | -3.00% | 5.61% | 9.54% |
| 2016 | -10.53% | -1.07% | 5.68% | 1.92% | -0.63% | 1.01% | 2.50% | 1.46% | 2.04% | 1.77% | -2.78% | 2.62% | 3.11% |
| 2015 | -2.65% | 2.72% | -0.00% | -0.48% | 2.42% | 2.60% | -4.38% | 2.41% | -2.35% | -1.20% | 2.20% | -0.24% | 0.72% |
| 2014 | 0.00% | 1.61% | 0.37% | -0.36% | 0.97% | 1.69% | -0.59% | 1.19% | -2.12% | 2.72% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of NESF.L is 30, suggesting that the investment has average results relative to other stocks in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for NextEnergy Solar Fund Ltd (NESF.L) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
NextEnergy Solar Fund Ltd provided a 11.22% dividend yield over the last twelve months, with an annual payout of £0.08 per share. The company has been increasing its dividends for 5 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | £0.08 | £0.08 | £0.07 | £0.07 | £0.07 | £0.07 | £0.07 | £1.65 | £6.28 | £5.75 | £2.63 |
Dividend yield | 11.22% | 8.58% | 6.60% | 6.99% | 6.53% | 5.45% | 5.69% | 146.26% | 582.83% | 550.24% | 253.01% |
Monthly Dividends
The table displays the monthly dividend distributions for NextEnergy Solar Fund Ltd. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | £0.00 | £0.02 | £0.00 | £0.00 | £0.02 | £0.00 | £0.00 | £0.02 | £0.00 | £0.00 | £0.00 | £0.06 | |
| 2023 | £0.00 | £0.02 | £0.00 | £0.00 | £0.02 | £0.00 | £0.00 | £0.02 | £0.00 | £0.00 | £0.02 | £0.00 | £0.08 |
| 2022 | £0.00 | £0.02 | £0.00 | £0.00 | £0.02 | £0.00 | £0.00 | £0.02 | £0.00 | £0.00 | £0.02 | £0.00 | £0.07 |
| 2021 | £0.00 | £0.02 | £0.00 | £0.00 | £0.02 | £0.00 | £0.00 | £0.02 | £0.00 | £0.00 | £0.02 | £0.00 | £0.07 |
| 2020 | £0.00 | £0.02 | £0.00 | £0.00 | £0.02 | £0.00 | £0.00 | £0.02 | £0.00 | £0.00 | £0.02 | £0.00 | £0.07 |
| 2019 | £0.00 | £0.02 | £0.00 | £0.00 | £0.02 | £0.00 | £0.00 | £0.02 | £0.00 | £0.00 | £0.02 | £0.00 | £0.07 |
| 2018 | £0.00 | £0.02 | £0.00 | £0.00 | £0.02 | £0.00 | £0.00 | £0.02 | £0.00 | £0.00 | £0.02 | £0.00 | £0.07 |
| 2017 | £0.00 | £0.02 | £0.00 | £0.00 | £0.02 | £0.00 | £0.00 | £1.61 | £0.00 | £0.00 | £0.02 | £0.00 | £1.65 |
| 2016 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £3.13 | £1.58 | £0.00 | £0.00 | £1.58 | £0.00 | £6.28 |
| 2015 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £2.63 | £0.00 | £0.00 | £0.00 | £0.00 | £3.13 | £5.75 |
| 2014 | £2.63 | £2.63 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the NextEnergy Solar Fund Ltd. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the NextEnergy Solar Fund Ltd was 34.88%, occurring on Apr 11, 2024. The portfolio has not yet recovered.
The current NextEnergy Solar Fund Ltd drawdown is 27.12%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -34.88% | Aug 31, 2022 | 407 | Apr 11, 2024 | — | — | — |
| -29.74% | Jan 8, 2020 | 53 | Mar 20, 2020 | 533 | May 3, 2022 | 586 |
| -15.56% | Jul 6, 2015 | 164 | Feb 24, 2016 | 204 | Dec 13, 2016 | 368 |
| -7.97% | Jun 28, 2017 | 100 | Nov 15, 2017 | 32 | Jan 3, 2018 | 132 |
| -7.13% | Apr 12, 2019 | 35 | Jun 5, 2019 | 9 | Jun 18, 2019 | 44 |
Volatility
Volatility Chart
The current NextEnergy Solar Fund Ltd volatility is 5.75%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Financials
Financial Performance
Historical P/E Ratio Chart
The chart below displays the historical trend of the price-to-earnings (P/E) ratio for NextEnergy Solar Fund Ltd.
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Income Statement
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