New Energy Solar Share Price and Company Fundamentals



Price
$0.83
Change
0.025 (3.106%)
52 week
0.705 - 1.05

Last traded: Last Friday at 6:10 AM

New Energy Solar Limited acquires, owns and manages large scale solar generation facilities. The firm may also invest in other renewable energy assets including wind, geothermal, hydro-electricity, hybrid solutions and owns and manages large scale solar generation facilities. New Energy Solar Limited was established in 2015 and is based in Sydney, Australia.

Key Metrics

PE ratio

-

PB ratio

0.66

Dividend yield

7.45%

Beta

0.34

Market cap

$296.66M

Enterprise value

$285.36M

Company profile

Primary activitiesOwns, acquires and manages a diversified portfolio of solar and renewable energy assets across the globe
Industry / SectorUtilities—Renewable / Utilities
Websitehttp://www.newenergysolar.com.au
Mailing address100 Pacific Highway Level 15 North Sydney NSW 2060 Australia
Phone / Fax1300 454 801 / 1300 883 159
Share registryLINK MARKET SERVICES LIMITED

Dividends

More: New Energy Solar Dividend history, yield and payout ratio

Dividend yield

7.45%

Dividend amount

$0.06

Payout ratio

New Energy Solar paid $0.06 dividend and the ex-dividend date was 04 Feb 2021.The dividend payout ratio is . The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.

NEW's forward dividend amount is $0.06 and the forward dividend yield is 7.45%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Aug 2021, following are the company executives and directors listed on New Energy Solar.

NameTitleAgeTotal Pay
Mr. John Martin BECON, BEcon.(USYD)MD, CEO & Director
Mr. Warwick Keneally B.Com., C.A., Bec, Bcom (Anu), CaChief Financial Officer
Mr. Liam Thomas M.B.A., M.Sc., MSc (Curtin), MBA (MELB)Chief Investment Officer
Ms. Fleur JouaultHead of Investor Relations
Ms. Whitney Toombs VouteHead of Investor Relations of US Solar Fund
Ms. Hannah Chan B.Com., C.A.Company Sec.
Ms. Caroline Purtell B.A., L.L.B., L.L.M.Company Sec.
Mr. Tom DurhamFinancial Controller
Mr. Adam ChandlerPortfolio Mang.

Profitability and management effectiveness

Profit margin

0.00%

Operating margin

106.47%

Return on assets

-10.10%

Return on equity

-16.23%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of New Energy Solar is 296.66M and its enterprise value is 285.36M. The enterprise value to revenue ratio of NEW is -3.79.

The NEW's stocks Beta value is 0.34 making it 66% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to New Energy Solar (NEW)

New Energy Solar (ASX:NEW) Frequently Asked Questions

1. What is New Energy Solar's Stock Symbol?

New Energy Solar trades on ASX under the ticker symbol "NEW".

2. What is New Energy Solar's stock price today?

One share of NEW stock can currently be purchased for approximately $0.83.

3. How can I contact New Energy Solar?

New Energy Solar's mailing address is 100 Pacific Highway Level 15 North Sydney NSW 2060 Australia. The company can be reached via phone at 1300 454 801.

4. What is New Energy Solar's official website?

The official website of New Energy Solar is http://www.newenergysolar.com.au.

5. Which share registry manages New Energy Solar's stock?

New Energy Solar's stock is managed by LINK MARKET SERVICES LIMITED.