Main menu
Edison Group
  • Home
  • Equities

    Equities

    View All Equities

    Equities by Sector

    Chosa

    MCap

    SEK57m

    Last close

    SEK0.80

    ▲ 0.20 (33.33%)

    Vection Technologies

    MCap

    AUD47m

    Last close

    AUD0.04

    ▲ 0.00 (12.90%)

    Metro Bank

    MCap

    GBP684m

    Last close

    GBP1.02

    ▲ 7.90 (8.43%)

  • Sectors

    Sectors

  • Thematics

    Thematics

    View All Thematics

    Latest

  • Audiovisual

    Audiovisual

    View All Audiovisual

    Latest

Jersey Electricity (LSE: JEL)

Last close As at 22/11/2024

GBP4.30

— 0.00 (0.00%)

Market capitalisation

GBP51m

Jersey Electricity is the monopoly supplier of electricity to the island of Jersey. It also operates businesses in retail, property and business services on the island.

Latest Insights

View More

Industrials | Outlook

Jersey Electricity — Decarbonisation fuelling growth

Industrials | Outlook

Jersey Electricity — Managing transition well

Industrials | Outlook

Jersey Electricity — Updated modelling of net zero implications

Industrials | Outlook

Jersey Electricity — Continuing dividend growth forecast
Visit Website

Sector

Industrials

Equity Analyst

Andrew Keen

MD - Head of Content, Energy & Resources, Industrials

Harry Kilby

Analyst

Key Management

  • Chris Ambler

    CEO

  • Lynne Fulton

    CFO

  • Phil Austin

    Chairman

Balance Sheet

Forecast net cash (£m)

10.9

Forecast gearing ratio (%)

N/A

Share Price Performance

Price Performance
% 1M 3M 12M
Actual (1.2) (3.8) 3.6
Relative 0.2 (3.5) (6.9)
52 week high/low 485.0p/405.0p

Financials

Jersey Electricity (JEL) is intensifying its focus on energy security and electrification across Jersey by creating opportunities to accelerate growth. It successfully navigated the volatile wholesale power price environment in 2020–23, shielding its customer base from the worst inflationary pressures. However, from 2025, as older, more favourable hedges expire, this protection will diminish. Therefore, we have marginally reduced our earnings forecasts to account for the increased exposure to wholesale prices. Nonetheless, JEL remains well-positioned for continued growth, driven by decarbonisation and electrification over the long term.

Y/E Sep Revenue (£m) EBITDA (£m) PBT (£m) EPS (fd) (p) P/E (x) P/CF (x)
2022A 117.4 21.9 10.6 27.2 15.8 5.1
2023A 128.7 27.1 14.9 36.8 11.7 6.2
2024E 139.5 24.3 11.3 29.0 14.8 4.8
2025E 148.2 25.4 12.0 30.7 14.0 4.0

Research

Outlook

Industrials

Jersey Electricity — Managing transition well

Outlook

Industrials

Jersey Electricity — Updated modelling of net zero implications

Industrials

Outlook

Jersey Electricity — Decarbonisation fuelling growth

Outlook

Industrials

Jersey Electricity — Continuing dividend growth forecast

research

Industrials

Jersey Electricity — Strong cash generation

research

Industrials

Jersey Electricity — Stable returns and improving cash flow

Outlook

Industrials

Jersey Electricity — Update 21 February 2016

Thematics

thematic

Industrials

The art of measurement – Challenges in metrology

thematic

Industrials

Deutsches Eigenkapitalforum (EKF) 2023 industrials

thematic

Industrials

The long and winding road

thematic

Industrials

Quantum computing: A booming industry
View All

Subscribe to Edison

Get access to the very latest content matched to your personal investment style.

Sign up for free