Added to YB: 2024-12-12
Pitch date: 2024-12-10
NESF.L [neutral]
NextEnergy Solar Fund Limited
-15.99%
current return
Author Info
The Oak Bloke shares analysis of the UK stock market, particularly overlooked small caps. Sign up for the newsletter.
Company Info
NextEnergy Solar Fund Limited specializes in investments in operational solar photovoltaic (PV) assets.
Market Cap
GBP 403.8M
Pitch Price
GBP 0.60
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
-37.74
EV/Sales
13.73
Sector
Capital Markets
Category
dividend
Considering the temptation of NESF
NESF.L pass: UK solar trust, 983MW capacity. 12% yield, 28% NAV discount. Asset sales at 14-21% premium. Energy storage growth. Hedged revenue, subsidies. Concerns: income drop, dividend sustainability. Valuation 12-18x earnings. Complex structure obscures financials. More research needed.
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