Financials SSE plc OTC Markets

Equities

SSEZY

US78467K1079

Electric Utilities

Market Closed - OTC Markets 20:54:27 26/06/2024 BST 5-day change 1st Jan Change
23.26 USD -1.57% Intraday chart for SSE plc +0.49% -3.16%

Valuation

Fiscal Period: März 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 13,408 15,053 18,502 19,349 17,926 19,650 - -
Enterprise Value (EV) 1 23,874 23,952 27,100 28,244 27,362 30,694 33,223 36,216
P/E ratio -229 x 6.67 x 6.1 x -158 x 10.5 x 10.9 x 10.7 x 10.7 x
Yield 6.13% 5.57% 4.9% 5.36% 3.64% 3.57% 3.82% 4.09%
Capitalization / Revenue 1.97 x 2.21 x 2.15 x 1.55 x 1.71 x 1.75 x 1.83 x 1.85 x
EV / Revenue 3.51 x 3.51 x 3.15 x 2.26 x 2.62 x 2.73 x 3.09 x 3.41 x
EV / EBITDA 10.5 x 10.7 x 12 x 8.35 x 8.3 x 8.58 x 8.74 x 8.36 x
EV / FCF 267 x 28.8 x 157 x -87.7 x 27.3 x -28.8 x -16.3 x -12.3 x
FCF Yield 0.37% 3.47% 0.64% -1.14% 3.66% -3.47% -6.12% -8.16%
Price to Book 2.78 x 2.27 x 2.04 x 2.26 x 1.96 x 1.69 x 1.52 x 1.43 x
Nbr of stocks (in thousands) 1,027,415 1,034,601 1,058,168 1,073,181 1,086,438 1,086,561 - -
Reference price 2 13.05 14.55 17.48 18.03 16.50 18.08 18.08 18.08
Announcement Date 17/06/20 26/05/21 25/05/22 24/05/23 22/05/24 - - -
1GBP in Million2GBP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: März 2020 2021 2022 2023 2024 2025 2026 2027
Net sales 1 6,801 6,826 8,608 12,491 10,457 11,239 10,758 10,620
EBITDA 1 2,281 2,230 2,257 3,382 3,296 3,577 3,802 4,331
EBIT 1 1,488 1,506 1,537 2,529 2,426 2,569 2,728 3,078
Operating Margin 21.89% 22.07% 17.85% 20.25% 23.2% 22.85% 25.36% 28.99%
Earnings before Tax (EBT) 1 587.6 2,516 3,482 -205.6 2,495 2,316 2,425 2,386
Net income 1 -59 2,276 3,031 -123 1,710 1,861 1,856 1,932
Net margin -0.87% 33.34% 35.22% -0.98% 16.36% 16.55% 17.25% 18.2%
EPS 2 -0.0570 2.183 2.868 -0.1140 1.565 1.665 1.687 1.694
Free Cash Flow 1 89.3 832.2 172.1 -322.1 1,002 -1,064 -2,032 -2,955
FCF margin 1.31% 12.19% 2% -2.58% 9.58% -9.47% -18.89% -27.83%
FCF Conversion (EBITDA) 3.91% 37.32% 7.62% - 30.4% - - -
FCF Conversion (Net income) - 36.56% 5.68% - 58.56% - - -
Dividend per Share 2 0.8000 0.8100 0.8570 0.9670 0.6000 0.6449 0.6911 0.7402
Announcement Date 17/06/20 26/05/21 25/05/22 24/05/23 22/05/24 - - -
1GBP in Million2GBP
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S2 2021 S1 2021 S2 2022 S1 2022 S2 2023 S1 2024 S1
Net sales 3,748 2,816 4,010 - 5,065 5,629 -
EBITDA - - - - - - -
EBIT 1 - 418.3 1,088 376.8 - 716 693.2
Operating Margin - 14.85% 27.14% - - 12.72% -
Earnings before Tax (EBT) - 829.5 1,687 - - - -
Net income - 699.5 1,577 - - -392.4 -
Net margin - 24.84% 39.32% - - -6.97% -
EPS - - - - - -0.3640 -
Dividend per Share 2 - 0.2440 0.5660 0.2550 - 0.2900 0.2000
Announcement Date 17/06/20 18/11/20 26/05/21 17/11/21 25/05/22 16/11/22 15/11/23
1GBP in Million2GBP
Estimates

Balance Sheet Analysis

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
Net Debt 1 10,466 8,899 8,598 8,894 9,436 11,044 13,572 16,566
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 4.588 x 3.991 x 3.809 x 2.63 x 2.863 x 3.087 x 3.57 x 3.825 x
Free Cash Flow 1 89.3 832 172 -322 1,002 -1,064 -2,032 -2,955
ROE (net income / shareholders' equity) 17.2% 15.7% 12.7% 21.5% 19.5% 16.6% 15% 14.8%
ROA (Net income/ Total Assets) 4.23% 4.27% 4.25% 6.77% 6.24% 6.85% 5.24% 5.21%
Assets 1 -1,394 53,278 71,330 -1,816 27,433 27,151 35,393 37,081
Book Value Per Share 2 4.700 6.410 8.550 7.980 8.400 10.70 11.90 12.70
Cash Flow per Share 2 1.260 1.740 1.540 1.390 3.530 2.210 2.610 2.800
Capex 1 1,211 1,177 1,456 1,816 2,513 3,848 4,934 6,004
Capex / Sales 17.81% 17.25% 16.91% 14.54% 24.03% 34.24% 45.86% 56.53%
Announcement Date 17/06/20 26/05/21 25/05/22 24/05/23 22/05/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
16
Last Close Price
18.08 GBP
Average target price
21.1 GBP
Spread / Average Target
+16.69%
Consensus

Quarterly revenue - Rate of surprise