CERES POWER HOLDINGS PLC |
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 218.7 GBX | +0.88% |
|
+2.05% | +20.14% |
| May. 31 | Galliford Try wins GBP101 million contract | AN |
| May. 17 | Ceres Power Holdings plc Announces Termination Aidan John Hughesas as Director | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 403.3 | 2,273 | 1,901 | 673.6 | 352.7 | 418.5 | - | - |
| Enterprise Value (EV) 1 | 332.1 | 2,175 | 1,659 | 491.3 | 352.7 | 328.1 | 353.7 | 388.7 |
| P/E ratio | -76.4 x | -145 x | -86.4 x | -14.9 x | -6.52 x | -11.3 x | -13 x | -18.1 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 26.4 x | 105 x | 61.8 x | 30.4 x | 15.8 x | 8.91 x | 7.32 x | 5.95 x |
| EV / Revenue | 21.7 x | 100 x | 53.9 x | 22.2 x | 15.8 x | 6.99 x | 6.18 x | 5.53 x |
| EV / EBITDA | -48.2 x | -218 x | -99.5 x | -11.4 x | -7.01 x | -9.98 x | -14.6 x | -43.3 x |
| EV / FCF | -30.9 x | -115 x | -51.4 x | -7.69 x | - | -7.27 x | -9.28 x | -13.3 x |
| FCF Yield | -3.24% | -0.87% | -1.95% | -13% | - | -13.8% | -10.8% | -7.49% |
| Price to Book | 4.74 x | 18.7 x | 6.73 x | 2.84 x | - | 2.83 x | 3.58 x | 4.56 x |
| Nbr of stocks (in thousands) | 153,950 | 172,172 | 190,730 | 192,087 | 192,968 | 193,026 | - | - |
| Reference price 2 | 2.620 | 13.20 | 9.965 | 3.507 | 1.828 | 2.168 | 2.168 | 2.168 |
| Announcement Date | 10/2/19 | 3/17/21 | 3/17/22 | 3/24/23 | 4/15/24 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 15.3 | 21.67 | 30.78 | 22.13 | 22.32 | 46.97 | 57.21 | 70.32 |
| EBITDA 1 | -6.886 | -9.955 | -16.68 | -43.23 | -50.3 | -32.89 | -24.15 | -8.969 |
| EBIT 1 | -7.924 | -14.79 | -23.43 | -51.52 | -59.4 | -42.77 | -34.85 | -26 |
| Operating Margin | -51.79% | -68.24% | -76.13% | -232.82% | -266.09% | -91.06% | -60.92% | -36.97% |
| Earnings before Tax (EBT) 1 | -7.372 | -14.52 | -23.37 | -49 | -53.61 | -40.66 | -35.18 | -26.37 |
| Net income 1 | -4.834 | -13.17 | -21.4 | -45.12 | -54.01 | -41.24 | -33.3 | -24.19 |
| Net margin | -31.59% | -60.78% | -69.54% | -203.9% | -241.93% | -87.8% | -58.21% | -34.4% |
| EPS 2 | -0.0343 | -0.0912 | -0.1153 | -0.2358 | -0.2803 | -0.1923 | -0.1665 | -0.1200 |
| Free Cash Flow 1 | -10.75 | -18.88 | -32.29 | -63.87 | - | -45.13 | -38.13 | -29.13 |
| FCF margin | -70.27% | -87.1% | -104.93% | -288.61% | - | -96.08% | -66.65% | -41.42% |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | - | - | - | - | - | - | - | - |
| Announcement Date | 10/2/19 | 3/17/21 | 3/17/22 | 3/24/23 | 4/15/24 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 | 2024 S1 | 2024 S2 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 8,886 | 12.24 | 17.11 | 13.67 | 9.687 | 12.44 | 11.31 | 11.01 | 27.62 | 27.62 |
| EBITDA | -1.102 | -3.47 | - | -12.16 | - | - | - | - | - | - |
| EBIT 1 | -7.235 | - | - | -15.83 | -25.2 | -26.32 | -28.48 | -30.92 | -22.66 | -22.66 |
| Operating Margin | -0.08% | - | - | -115.82% | -260.17% | -211.52% | -251.83% | -280.72% | -82.06% | -82.06% |
| Earnings before Tax (EBT) | -6.901 | -4.64 | - | -15.66 | - | - | -26.37 | - | - | - |
| Net income | - | - | - | -14.86 | - | - | - | - | - | - |
| Net margin | - | - | - | -108.72% | - | - | - | - | - | - |
| EPS | -0.0316 | - | -0.0362 | -0.0791 | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 9/28/20 | 3/17/21 | 9/30/21 | 3/17/22 | 9/22/22 | 3/24/23 | 9/28/23 | 4/15/24 | - | - |
1GBP in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 71.3 | 97.7 | 242 | 182 | - | 90.3 | 64.8 | 29.7 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | -10.8 | -18.9 | -32.3 | -63.9 | - | -45.1 | -38.1 | -29.1 |
| ROE (net income / shareholders' equity) | -10.1% | -12.8% | -10.6% | -17.4% | - | -24% | -18.5% | -14.4% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 0.5500 | 0.7100 | 1.480 | 1.240 | - | 0.7700 | 0.6100 | 0.4800 |
| Cash Flow per Share 2 | -0.0200 | -0.0400 | -0.1100 | -0.2700 | - | -0.1600 | -0.1300 | -0.1200 |
| Capex 1 | 7.69 | 9.26 | 7.38 | 12.3 | - | 13.3 | 12.8 | 13.1 |
| Capex / Sales | 50.28% | 42.71% | 23.97% | 55.79% | - | 28.21% | 22.46% | 18.57% |
| Announcement Date | 10/2/19 | 3/17/21 | 3/17/22 | 3/24/23 | 4/15/24 | - | - | - |
1GBP in Million2GBP
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
14
Last Close Price
2.168
GBP
Average target price
3.903
GBP
Spread / Average Target
+80.02%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +24.45% | 532M | |
| -26.00% | 2.47B | |
| +5.60% | 1.16B | |
| -18.70% | 1.08B | |
| -14.46% | 922M | |
| -44.19% | 406M | |
| +15.85% | 221M | |
| +3.64% | 89.18M |
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- Financials Ceres Power Holdings plc
