Financials Gresham House Energy Storage Fund plc

Equities

Market Closed - London S.E. Other stock markets 11:35:03 2024-07-12 am EDT			5-day change	1st Jan Change
74.8 ^GBX	+1.08%		+4.47%	-31.38%

Jul. 11	RBC cuts Anglo American; Berenberg likes Idox	AN
Jul. 05	Gresham House Energy Storage reaches 1 gigawatt of capacity	AN

Fiscal Period: December	2022	2023	2024	2025	2026
Capitalization ¹	874.2	625.1	425.7	-	-
Enterprise Value (EV) ¹	866.9	611	599.7	655.8	591.7
P/E ratio	-	-	-	-	-
Yield	4.33%	5.06%	-	10.1%	9.36%
Capitalization / Revenue	-	16.2 x	7.21 x	5.45 x	5.35 x
EV / Revenue	-	15.8 x	10.2 x	8.4 x	7.43 x
EV / EBITDA	-	23.7 x	14.6 x	11.6 x	10.2 x
EV / FCF	-	-	-	-	-
FCF Yield	-	-	-	-	-
Price to Book	-	0.84 x	0.76 x	0.73 x	0.71 x
Nbr of stocks (in thousands)	541,290	573,445	569,064	-	-
Reference price ²	1.615	1.090	0.7480	0.7480	0.7480
Announcement Date	4/6/23	4/29/24	-	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: December	2022	2023	2024	2025	2026
Net sales ¹	-	38.7	59	78.1	79.6
EBITDA ¹	-	25.8	41.2	56.7	58.2
EBIT ¹	217.1	-110.1	114.2	91.6	67
Operating Margin	-	-284.52%	193.61%	117.28%	84.17%
Earnings before Tax (EBT) ¹	217.1	-110.1	-178	82.47	57
Net income	-	-	-	-	-
Net margin	-	-	-	-	-
EPS	-	-	-	-	-
Free Cash Flow	-	-	-	-	-
FCF margin	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-
Dividend per Share ²	0.0700	0.0551	-	0.0755	0.0700
Announcement Date	4/6/23	4/29/24	-	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: December	2022	2023	2024	2025	2026
Net Debt ¹	-	-	174	230	166
Net Cash position ¹	7.33	14.1	-	-	-
Leverage (Debt/EBITDA)	-	-	4.223 x	4.058 x	2.852 x
Free Cash Flow	-	-	-	-	-
ROE (net income / shareholders' equity)	-	-	-	-	-
ROA (Net income/ Total Assets)	-	-	-	-	-
Assets	-	-	-	-	-
Book Value Per Share ²	-	1.290	0.9800	1.020	1.050
Cash Flow per Share	-	-	-	-	-
Capex ¹	-	-	54	-	-
Capex / Sales	-	-	91.53%	-	-
Announcement Date	4/6/23	4/29/24	-	-	-

¹GBP in Million²GBP

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

0.748 GBP

Average target price

0.8488 GBP

Spread / Average Target

+13.47%

	1st Jan change	Capi.
GRESHAM HOUSE ENERGY STORAGE FUND PLC	-31.38%	544M
BLACKROCK, INC.	+1.99%	123B
BROOKFIELD CORPORATION	+18.02%	69.73B
APOLLO GLOBAL MANAGEMENT, INC.	+29.35%	68.91B
BANK OF NEW YORK MELLON CORPORATION (THE)	+24.28%	45.97B
AMERIPRISE FINANCIAL, INC.	+17.49%	43.69B
3I GROUP PLC	+24.58%	37.27B
T. ROWE PRICE GROUP INC.	+9.59%	26.16B
STATE STREET CORPORATION	+1.42%	23.04B
PRINCIPAL FINANCIAL GROUP, INC.	+7.92%	19.66B