Main menu
Edison Group
  • Home
  • Equities

    Equities

    View All Equities

    Equities by Sector

    VolitionRx

    MCap

    USD76m

    Last close

    USD0.81

    ▲ 0.14 (20.90%)

    Canyon Resources

    MCap

    AUD262m

    Last close

    AUD0.19

    ▲ 0.02 (12.12%)

    Immix Biopharma

    MCap

    USD51m

    Last close

    USD1.82

    ▲ 0.12 (7.06%)

  • Sectors

    Sectors

  • Thematics

    Thematics

    View All Thematics

    Latest

  • Audiovisual

    Audiovisual

    View All Audiovisual

    Latest

Jersey Electricity (LSE: JEL)

Last close As at 20/11/2024

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

thematic

Industrials

UK housebuilders
Concept of energy storage unit consisting of multiple conected containers with batteries. 3d rednering.

thematic

Industrials

Battery energy storage

thematic

Consumer

IPO apocalypse

thematic

TMT

ESG, moving beyond the box tick

thematic

Industrials

A new paradigm for space

thematic

Industrials

Geopolitical conflict to drive renewables surge

thematic

Industrials

The emergence of mega-constellations

thematic

Industrials

Internet in the sky

thematic

Industrials

Truth creates light

thematic

Industrials

All-seeing eye in the sky

thematic

Industrials

Five things every investor should know about everyday decarbonisation and Itaconix

thematic

Industrials

Feeding the world

thematic

Consumer

Circular economy business models

thematic

Industrials

BayWa – Focus on sustainability

thematic

Industrials

Have yourself a sustainable little Christmas

thematic

Industrials

COP26: What does it mean for business?

thematic

Industrials

Investment themes: IPO boom in London

thematic

Industrials

COP26: No matter the outcome, the private sector is the engine of change

thematic

Industrials

COP26: Time to realign your supply chain with net-zero goals?

thematic

Industrials

The circular economy

thematic

Industrials

EV outlook #1 – Growth, policy and net zero

thematic

Industrials

Battery charge: The rise of lithium-ion – options and implications

thematic

Industrials

Water – The real liquidity crisis

thematic

Industrials

Greece – Changing the narrative

thematic

Consumer

Illuminator: August Update

thematic

Industrials

Renewables rising – Sector primer

thematic

Consumer

Deutsche Börse Eigenkapitalforum 2014 Research Guide

thematic

Industrials

German Mittelstand Conference

thematic

Industrials

German industrials spotlight: Sand in the gears

thematic

Industrials

German industrials spotlight: Industrial machinery

thematic

Industrials

German industrials: Global ambitions

thematic

Industrials

DSEi: Feedback and thoughts