0R15 8520.0 0.0% 0R1E 8203.0 0.0% 0M69 21090.0 67.5139% 0R2V 226.02 9878.8079% 0QYR None None% 0QYP 412.97 -2.8306% 0RUK 2652.0 -9.2402% 0RYA 1554.0 -0.7029% 0RIH 174.55 -1.3563% 0RIH 165.15 -5.3853% 0R1O 198.5 9800.2494% 0R1O None None% 0QFP None None% 0M2Z 267.777 -0.1763% 0VSO 32.05 -9.9846% 0R1I None None% 0QZI 559.0 0.7207% 0QZ0 220.0 0.0% 0NZF None None% 0YXG 165.7358 2.7149%

Drax Group PLC

Utilities GB DRX

653.5GBP
6.50(1.00%)

Last update at 2024-11-21T16:36:00Z

Day Range

646.50654.00
LowHigh

52 Week Range

395.20702.70
LowHigh

Fundamentals

  • Previous Close 647.00
  • Market Cap1865.81M
  • Volume1961214
  • P/E Ratio10.78
  • Dividend Yield4.49%
  • EBITDA543.50M
  • Revenue TTM8308.60M
  • Revenue Per Share TTM20.71
  • Gross Profit TTM 913.00M
  • Diluted EPS TTM0.45

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 78.10M 121.50M -234.70000M -2.80000M 13.80M
Minority interest -2.60000M 0.50M - - -
Net income 85.10M 55.10M -194.60000M 0.50M 20.20M
Selling general administrative - - 296.40M 332.20M 274.20M
Selling and marketing expenses - - - - -
Gross profit 1023.30M 891.20M 725.70M 734.30M 602.00M
Reconciled depreciation 239.40M 199.40M 190.40M 207.90M 173.80M
Ebit 251.10M 196.50M 122.30M 86.10M 51.00M
Ebitda 490.50M 416.70M 312.70M 294.00M 224.80M
Depreciation and amortization 239.40M 220.20M 190.40M 207.90M 173.80M
Non operating income net other - - - - -
Operating income 251.10M 196.50M 122.30M 86.10M 153.90M
Other operating expenses 7534.20M 4866.10M 4111.50M 4626.30M 4083.40M
Interest expense 83.50M 64.70M 58.50M 55.50M 37.20M
Tax provision -4.40000M 66.40M -40.10000M -3.30000M -6.40000M
Interest income 4.30M 0.10M 0.30M 1.30M 1.20M
Net interest income -79.20000M -70.50000M -67.20000M -60.00000M -39.20000M
Extraordinary items - - 36.70M 10.20M -
Non recurring - - - - -
Other items - - - - -
Income tax expense -4.40000M 66.40M -40.10000M -3.30000M -6.40000M
Total revenue 7775.30M 5088.00M 4244.70M 4713.40M 4237.30M
Total operating expenses 782.20M 669.30M 592.50M 647.20M 448.10M
Cost of revenue 6752.00M 4196.80M 3519.00M 3979.10M 3635.30M
Total other income expense net -173.00000M -75.00000M -357.00000M -88.90000M -140.10000M
Discontinued operations - 24.10M 36.70M 10.20M 10.20M
Net income from continuing ops 82.50M 55.10M -194.60000M 0.50M 20.20M
Net income applicable to common shares 85.10M 79.70M -157.90000M 0.50M 20.20M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 6394.40M 5824.40M 4192.90M 4682.80M 4530.30M
Intangible assets 142.30M 188.60M 181.80M 206.90M 228.80M
Earning assets - - - - -
Other current assets 187.80M 301.40M 139.60M 162.70M 900.90M
Total liab 5070.20M 4517.60M 2853.50M 2967.20M 2759.30M
Total stockholder equity 1310.80M 1285.30M 1339.40M 1715.60M 1771.00M
Deferred long term liab - - - - -
Other current liab 1012.70M 966.10M 394.00M 254.30M 1604.30M
Common stock 47.90M 47.70M 47.50M 47.40M 47.00M
Capital stock 47.90M 47.70M 47.50M 47.40M 47.00M
Retained earnings 193.80M 198.30M 153.40M 369.70M 442.70M
Other liab 935.60M 853.50M 456.60M 396.00M 428.70M
Good will 424.20M 416.30M 248.20M 248.20M 244.70M
Other assets 497.50M 435.10M 178.60M 204.60M 348.60M
Cash 238.00M 317.40M 289.80M 404.10M 289.00M
Cash and equivalents - - - - -
Total current liabilities 2607.60M 2232.90M 1308.00M 1299.80M 1722.50M
Current deferred revenue - - - - -
Net debt 1356.00M 1169.50M 806.10M 873.60M 319.10M
Short term debt 67.00M 55.70M 7.00M 6.30M 0.10M
Short long term debt 44.30M 40.60M - 0.00000M 0.10M
Short long term debt total 1594.00M 1486.90M 1095.90M 1277.70M 608.10M
Other stockholder equity 1069.10M 1039.30M 1138.50M 1298.50M 2348.10M
Property plant equipment 2526.30M 2430.50M 1970.10M 2358.80M 2347.60M
Total current assets 2797.20M 2348.40M 1612.70M 1661.30M 1412.40M
Long term investments - - - 3.00M 2.40M
Net tangible assets 744.30M 680.40M 909.40M 1260.50M 1349.50M
Short term investments - - - - -
Net receivables 2023.30M 1530.50M 975.10M 802.50M 401.00M
Long term debt 1396.60M 1320.40M 1065.70M 1245.20M 608.00M
Inventory 348.10M 199.10M 208.20M 292.00M 222.50M
Accounts payable 1527.90M 1211.10M 907.00M 1039.20M 110.50M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - - - -1226.70000M -1066.80000M
Additional paid in capital - - - - -
Common stock total equity - - 47.50M 47.40M 47.00M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - -50.40000M -50.40000M -47.10000M
Accumulated amortization - - - - -
Non currrent assets other 467.10M 411.90M 114.80M 162.30M 320.30M
Deferred long term asset charges - - - - -
Non current assets total 3597.20M 3476.00M 2580.20M 3021.50M 3117.90M
Capital lease obligations 153.10M 125.90M 30.20M 32.50M -
Long term debt total - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -180.70000M -228.80000M 1.50M 1.50M -0.90000M
Change to liabilities 431.80M 209.70M -98.40000M 101.60M 149.40M
Total cashflows from investing activities -180.70000M -228.80000M -171.30000M -863.10000M -133.50000M
Net borrowings -15.90000M 33.10M -184.90000M 645.40M -5.20000M
Total cash from financing activities -111.90000M -50.40000M -249.10000M 571.60M -112.00000M
Change to operating activities -332.80000M -175.10000M 8.20M 45.20M -86.30000M
Net income 82.50M 79.20M -157.90000M 0.50M 20.20M
Change in cash -79.40000M 27.60M -114.30000M 115.10M 66.70M
Begin period cash flow 317.40M 289.80M 404.10M 289.00M 222.30M
End period cash flow 238.00M 317.40M 289.80M 404.10M 289.00M
Total cash from operating activities 207.70M 306.50M 306.20M 413.40M 311.10M
Issuance of capital stock 1.20M 2.40M 0.50M 5.30M 0.40M
Depreciation 239.40M 199.40M 190.40M 207.90M 173.80M
Other cashflows from investing activities - - 3.10M -691.70000M -0.90000M
Dividends paid 78.90M 70.90M 64.70M 58.90M 52.50M
Change to inventory -133.40000M 37.40M 87.10M -67.80000M 52.50M
Change to account receivables -379.00000M -58.00000M 25.10M -142.60000M -15.40000M
Sale purchase of stock - 289.40M 0.50M -3.30000M -47.10000M
Other cashflows from financing activities 152.20M -15.00000M 290.10M 1178.50M 205.70M
Change to netincome 282.50M 7.70M 245.80M 264.70M 13.80M
Capital expenditures 174.70M 209.70M 174.40M 171.40M 132.60M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -402.80000M 27.30M 36.90M -50.50000M 111.60M
Stock based compensation 9.60M 7.40M 5.20M 2.70M 4.00M
Other non cash items 279.00M 63.10M 73.40M 64.70M 1.50M
Free cash flow 33.00M 96.80M 131.80M 242.00M 178.50M

Peer Comparison

Sector: Utilities Industry: Utilities - Renewable

Company Change (GBP) Price (GBP) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
DRX
Drax Group PLC
6.50 1.00% 653.50 10.78 3.87 0.22 1.13 0.39 5.94
IES
Invinity Energy Systems PLC
-0.5 3.92% 12.25 - - 3.62 1.67 18.31 -3.1474
GOOD
Good Energy Group PLC
- -% 347.50 2.94 9.97 0.19 1.16 0.10 1.25
ATOM
Atome Energy PLC
- -% 52.50 - - - 4.93 -4.6881
GRP
Greencoat Renewables PLC
-0.001 0.12% 0.85 0.08 10.92 7.14 0.87 2.50

Reports Covered

Stock Research & News

Profile

Drax Group plc, together with its subsidiaries, engages in renewable power generation in the United Kingdom. It operates through three segments: Pellet Production, Generation, and Customers. The Pellet Production segment produces and sells biomass pellets. The Generation segment provides renewable, dispatchable power, and system support services to the electricity grid. The Customers segment supplies electricity and gas to non-domestic customers. The company owns and operates Drax Power Station with an installed capacity of 3,906 megawatts (MW) located in Selby, North Yorkshire; Cruachan Power Station, a pumped storage hydro station, with an installed capacity of 440 MW located in Argyll and Bute; and Lanark and Galloway hydro-electric power stations with an installed capacity of 126 MW located in southwest Scotland. It also owns and operates Daldowie fuel plant that processes sludge, a plant that converts it into dry low-odour fuel pellets. In addition, the company manufactures and sells compressed wood pellets; and supplies renewable electricity. Drax Group plc was incorporated in 2005 and is based in Selby, the United Kingdom.

Drax Group PLC

Drax Power Station, Selby, United Kingdom, YO8 8PH

Key Executives

Name Title Year Born
Mr. Dwight Daniel Willard Gardiner Group CEO & Exec. Director 1965
Mr. Andy Skelton CFO & Director 1972
Mark Strafford Head of Investor Relations NA
Hillary Berger Group Gen. Counsel NA
Karen McKeever Chief HR Officer NA
Mr. Gary Williams Head of Outage & Services Section NA
Mr. Jason Shipstone Chief Innovation Officer NA
Mr. Paul Sheffield Managing Director of Customers NA
Mr. Esa Heiskanen Chief Officer Capital Projects NA
Mr. Tim Cole Head of Customer Marketing NA

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