Jersey Electricity plc

LSE:JEL UK Utilities - Regulated Electric
Market Cap
$630.23K
GBX5.18 Billion GBX
Market Cap Rank
#44079 Global
#769 in UK
Share Price
GBX445.00
Change (1 day)
-1.11%
52-Week Range
GBX420.00 - GBX480.00
All Time High
GBX564.78
Categories
Companies in UK Utilities - Regulated Electric
About

Jersey Electricity plc, together with its subsidiaries, engages in the generation, transmission, distribution, and supply of electricity in Jersey. The company provides electric boilers, smart panel heating, heat pumps and battery, cable underfloor heating, wet underfloor heating, storage heaters, hot water systems, and radiator systems; domestic solar and battery storage; air conditioners; maint… Read more

Jersey Electricity plc (JEL) - Net Assets

Latest net assets as of March 2025: GBX251.60 Million GBX

Based on the latest financial reports, Jersey Electricity plc (JEL) has net assets worth GBX251.60 Million GBX as of March 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX377.22 Million) and total liabilities (GBX125.62 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets GBX251.60 Million
% of Total Assets 66.7%
Annual Growth Rate 3.86%
5-Year Change 18.95%
10-Year Change 65.82%
Growth Volatility 4.57

Jersey Electricity plc - Net Assets Trend (1992–2024)

This chart illustrates how Jersey Electricity plc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Jersey Electricity plc (1992–2024)

The table below shows the annual net assets of Jersey Electricity plc from 1992 to 2024.

Year Net Assets Change
2024-09-30 GBX244.96 Million +1.41%
2023-09-30 GBX241.54 Million +0.91%
2022-09-30 GBX239.37 Million +6.18%
2021-09-30 GBX225.44 Million +9.47%
2020-09-30 GBX205.94 Million +3.20%
2019-09-30 GBX199.54 Million +5.73%
2018-09-30 GBX188.73 Million +7.07%
2017-09-30 GBX176.26 Million +7.41%
2016-09-30 GBX164.11 Million +11.09%
2015-09-30 GBX147.73 Million +1.09%
2014-09-30 GBX146.14 Million -1.81%
2013-09-30 GBX148.83 Million +9.27%
2012-09-30 GBX136.21 Million -3.30%
2011-09-30 GBX140.86 Million -0.60%
2010-09-30 GBX141.71 Million +9.56%
2009-09-30 GBX129.35 Million -4.20%
2008-09-30 GBX135.02 Million +4.74%
2007-09-30 GBX128.91 Million +11.38%
2006-09-30 GBX115.74 Million -4.54%
2005-09-30 GBX121.24 Million +5.65%
2004-09-30 GBX114.76 Million +2.01%
2003-09-30 GBX112.50 Million +3.94%
2002-09-30 GBX108.23 Million +0.22%
2001-09-30 GBX107.99 Million +7.29%
2000-09-30 GBX100.66 Million -5.89%
1999-09-30 GBX106.96 Million +5.94%
1998-09-30 GBX100.96 Million +4.80%
1997-09-30 GBX96.34 Million +8.68%
1996-09-30 GBX88.64 Million +4.13%
1995-09-30 GBX85.13 Million +4.31%
1994-09-30 GBX81.61 Million +3.55%
1993-09-30 GBX78.81 Million +8.03%
1992-09-30 GBX72.96 Million --

Equity Component Analysis

This analysis shows how different components contribute to Jersey Electricity plc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 85499.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (September 2024)

Component Amount Percentage
Retained Earnings GBX241.39 Million 98.56%
Common Stock GBX1.53 Million 0.63%
Other Comprehensive Income GBX2.03 Million 0.83%
Total Equity GBX244.92 Million 100.00%

Jersey Electricity plc Competitors by Market Cap

The table below lists competitors of Jersey Electricity plc ranked by their market capitalization.

Company Market Cap
Uni Travel Services Co., Ltd.
TWO:6961
 		$17.56K
SIGNA Sports United N.V.
PINK:SSUNF
 		$17.58K
TRANGCORP Corporation JSC
VN:TFC
 		$17.58K
Pioneering Technology Corp
PINK:PTEFF
 		$17.59K
CHINA COSCO -H-
MU:C6G
 		$17.52K
MIEN TRUNG PID
VN:SEB
 		$17.51K
Afentra PLC
LSE:AET
 		$17.50K
YANZHOU COAL -H- (YZCA.SG)
STU:YZCA
 		$17.50K

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Jersey Electricity plc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 241,412,000 to 244,917,000, a change of 3,505,000 (1.5%).
  • Net income of 11,618,000 contributed positively to equity growth.
  • Dividend payments of 6,067,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 2,751,001.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income GBX11.62 Million +4.74%
Dividends Paid GBX6.07 Million -2.48%
Other Comprehensive Income GBX-2.75 Million -1.12%
Other Changes GBX705.00K +0.29%
Total Change GBX- 1.45%

Book Value vs Market Value Analysis

This analysis compares Jersey Electricity plc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 55.67x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 187.49x to 55.67x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1992-09-30 GBX2.37 GBX445.00 x
1993-09-30 GBX2.56 GBX445.00 x
1994-09-30 GBX2.66 GBX445.00 x
1995-09-30 GBX2.77 GBX445.00 x
1996-09-30 GBX2.89 GBX445.00 x
1997-09-30 GBX3.14 GBX445.00 x
1998-09-30 GBX3.29 GBX445.00 x
1999-09-30 GBX3.47 GBX445.00 x
2000-09-30 GBX3.28 GBX445.00 x
2001-09-30 GBX3.51 GBX445.00 x
2002-09-30 GBX3.52 GBX445.00 x
2003-09-30 GBX3.66 GBX445.00 x
2004-09-30 GBX3.74 GBX445.00 x
2005-09-30 GBX3.96 GBX445.00 x
2006-09-30 GBX3.78 GBX445.00 x
2007-09-30 GBX4.20 GBX445.00 x
2008-09-30 GBX4.41 GBX445.00 x
2009-09-30 GBX4.22 GBX445.00 x
2010-09-30 GBX4.62 GBX445.00 x
2011-09-30 GBX4.60 GBX445.00 x
2012-09-30 GBX4.44 GBX445.00 x
2013-09-30 GBX4.86 GBX445.00 x
2014-09-30 GBX4.77 GBX445.00 x
2015-09-30 GBX4.82 GBX445.00 x
2016-09-30 GBX5.35 GBX445.00 x
2017-09-30 GBX5.75 GBX445.00 x
2018-09-30 GBX6.16 GBX445.00 x
2019-09-30 GBX6.51 GBX445.00 x
2020-09-30 GBX6.72 GBX445.00 x
2021-09-30 GBX7.35 GBX445.00 x
2022-09-30 GBX7.81 GBX445.00 x
2023-09-30 GBX7.88 GBX445.00 x
2024-09-30 GBX7.99 GBX445.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Jersey Electricity plc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 4.74%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 8.56%
  • • Asset Turnover: 0.37x
  • • Equity Multiplier: 1.50x
  • Recent ROE (4.74%) is below the historical average (5.10%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1992 8.81% 17.35% 0.43x 1.17x GBX-866.40K
1993 7.04% 14.70% 0.43x 1.12x GBX-2.32 Million
1994 5.84% 12.09% 0.44x 1.10x GBX-3.38 Million
1995 3.85% 8.27% 0.42x 1.10x GBX-5.22 Million
1996 4.57% 9.38% 0.44x 1.11x GBX-4.80 Million
1997 4.47% 9.26% 0.43x 1.11x GBX-5.31 Million
1998 4.94% 10.00% 0.44x 1.12x GBX-5.09 Million
1999 5.41% 11.34% 0.42x 1.12x GBX-4.88 Million
2000 2.66% 4.82% 0.44x 1.26x GBX-7.37 Million
2001 2.26% 4.03% 0.43x 1.29x GBX-8.34 Million
2002 0.69% 1.24% 0.46x 1.23x GBX-10.04 Million
2003 3.01% 5.69% 0.40x 1.33x GBX-7.85 Million
2004 3.21% 6.47% 0.38x 1.30x GBX-7.79 Million
2005 4.63% 9.99% 0.36x 1.30x GBX-6.51 Million
2006 5.14% 9.06% 0.43x 1.33x GBX-5.63 Million
2007 5.88% 9.98% 0.45x 1.31x GBX-5.31 Million
2008 7.46% 12.25% 0.47x 1.29x GBX-3.43 Million
2009 5.57% 7.70% 0.54x 1.35x GBX-5.73 Million
2010 8.69% 12.45% 0.53x 1.31x GBX-1.85 Million
2011 6.10% 8.55% 0.52x 1.36x GBX-5.49 Million
2012 2.82% 3.96% 0.50x 1.42x GBX-9.77 Million
2013 3.37% 4.91% 0.49x 1.39x GBX-9.86 Million
2014 3.38% 5.01% 0.41x 1.64x GBX-9.68 Million
2015 7.26% 10.67% 0.41x 1.65x GBX-4.05 Million
2016 7.04% 11.17% 0.39x 1.61x GBX-4.86 Million
2017 6.01% 10.36% 0.38x 1.54x GBX-7.02 Million
2018 6.42% 11.44% 0.37x 1.50x GBX-6.75 Million
2019 5.90% 10.67% 0.37x 1.50x GBX-8.18 Million
2020 5.65% 10.40% 0.36x 1.51x GBX-8.96 Million
2021 7.17% 13.62% 0.35x 1.49x GBX-6.37 Million
2022 3.48% 7.09% 0.33x 1.48x GBX-15.60 Million
2023 4.67% 9.02% 0.35x 1.48x GBX-12.86 Million
2024 4.74% 8.56% 0.37x 1.50x GBX-12.87 Million

Industry Comparison

This section compares Jersey Electricity plc's net assets metrics with peer companies in the Utilities - Regulated Electric industry.

Industry Context

  • Industry: Utilities - Regulated Electric
  • Average net assets among peers: $131,243,000,000
  • Average return on equity (ROE) among peers: 6.18%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Jersey Electricity plc (JEL) GBX251.60 Million 8.81% 0.50x $17.52K
Ck Infra Holdings Ltd (CKI) $131.24 Billion 6.18% 0.20x $1.85 Million