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Foresight Environmental Infrastructure Limited GBP
(LSE:FGEN)
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Rating:66Neutral
Price Target:
90.00 p
▲(5.39% Upside)
Action:Reiterated
Date:07/03/26
The score is held back primarily by weak cash generation (negative operating and free cash flow in every year shown) and volatile/at times negative revenue, which raise concerns about earnings quality and dividend durability. Offsetting these risks are a very strong, low-leverage balance sheet, constructive technical momentum, and a reasonable P/E paired with an unusually high dividend yield.
Positive Factors
Balance sheet strength
Zero reported debt and a substantial equity base provide durable financial flexibility. This lowers solvency and refinancing risk, allowing the company to support distributions, fund opportunistic investments or withstand prolonged cash shortfalls without immediate external refinancing pressure.
Negative Factors
Persistent negative cash flow
Consistent negative operating and free cash flow indicates reported earnings are not translating into liquidity. Over time this erodes dividend durability, forces reliance on balance-sheet reserves or asset disposals, and reduces capacity to fund growth or cover shocks without external financing.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance sheet strength
Zero reported debt and a substantial equity base provide durable financial flexibility. This lowers solvency and refinancing risk, allowing the company to support distributions, fund opportunistic investments or withstand prolonged cash shortfalls without immediate external refinancing pressure.
Read all positive factors
Foresight Environmental Infrastructure Limited GBP (FGEN) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£557.26M
Dividend Yield8.9%
Average Volume (3M)1.98M
Price to Earnings (P/E)15.2
Beta (1Y)0.24
Revenue Growth651.12%
EPS GrowthN/A
CountryUK
EmployeesN/A
SectorGeneral
Sector StrengthN/A
IndustryAsset Management
Share Statistics
EPS (TTM)0.06
Shares Outstanding623,338,300
10 Day Avg. Volume2,431,647
30 Day Avg. Volume1,979,805
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.65
Price to Sales (P/S)10.93
P/FCF Ratio-53.98
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Foresight Environmental Infrastructure Limited GBP Business Overview & Revenue Model
Company Description
Foresight Environmental Infrastructure Limited (formerly JLEN Environmental Assets Group), is a Guernsey-based, FTSE 250-listed investment trust managed by Foresight Group that invests in a diversified portfolio of environmental infrastructure acr...
How the Company Makes Money
FGEN makes money primarily by owning equity and/or debt interests in environmental infrastructure assets that generate predictable cash flows. Its key revenue sources are (1) operating cash distributions (dividends/interest/repayments) received fr...
Foresight Environmental Infrastructure Limited GBP Financial Statement Overview
Summary
Income Statement
68
Positive
Balance Sheet
86
Very Positive
Cash Flow
22
Negative
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 39.00M | -1.25M | -12.29M | 100.00M | 186.25M |
| Gross Profit | 39.00M | -1.25M | -12.29M | 100.00M | 186.25M |
| EBITDA | 37.16M | -2.83M | -13.94M | 98.30M | 185.01M |
| Net Income | 37.16M | -2.83M | -13.94M | 98.30M | 185.01M |
Balance Sheet | |||||
| Total Assets | 657.25M | 680.79M | 753.87M | 817.09M | 765.10M |
| Cash, Cash Equivalents and Short-Term Investments | 492.00K | 2.62M | 271.00K | 143.00K | 2.02M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 1.80M | 2.09M | 2.65M | 2.52M | 2.19M |
| Stockholders Equity | 655.45M | 678.70M | 751.21M | 814.57M | 762.90M |
Cash Flow | |||||
| Free Cash Flow | -7.89M | -9.35M | -9.86M | -9.59M | -7.68M |
| Operating Cash Flow | -7.89M | -9.35M | -9.86M | -9.59M | -7.68M |
| Investing Cash Flow | 66.18M | 81.37M | 59.40M | 54.50M | -65.87M |
| Financing Cash Flow | -60.41M | -69.68M | -49.42M | -46.79M | 73.70M |
Foresight Environmental Infrastructure Limited GBP Technical Analysis
Positive
85.40
Price Trends
85.10
Positive
78.68
Positive
72.01
Positive
Market Momentum
0.77
Negative
66.57
Neutral
70.65
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:FGEN, the sentiment is Positive. The current price of 85.4 is below the 20-day moving average (MA) of 86.02, above the 50-day MA of 85.10, and above the 200-day MA of 72.01, indicating a bullish trend. The MACD of 0.77 indicates Negative momentum. The RSI at 66.57 is Neutral, neither overbought nor oversold. The STOCH value of 70.65 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:FGEN.
Foresight Environmental Infrastructure Limited GBP Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | £557.26M | 15.15 | 5.68% | 9.32% | 651.12% | ― | |
60 Neutral | £2.42B | 48.00 | 1.10% | 5.87% | -7.78% | -91.96% | |
58 Neutral | £19.15M | -0.99 | -65.86% | ― | 4.66% | 40.29% | |
56 Neutral | £29.19B | 23.73 | 9.45% | 2.84% | 0.54% | -2.65% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
55 Neutral | £9.33B | 24.92 | 20.35% | 4.17% | 16.66% | 61.25% | |
48 Neutral | £2.18B | 23.99 | 6.61% | 8.23% | 23.25% | ― |
* General Sector Average
GB:FGEN
Foresight Environmental Infrastructure Limited GBP
89.40
17.13
23.70%
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Foresight Environmental Infrastructure Limited GBP Corporate Events
Business Operations and StrategyDividendsFinancial Disclosures
Diversified Green Infrastructure Portfolio Narrows Discount at Foresight Environmental
Positive
Jul 23, 2026
Foresight Environmental Infrastructure has seen its diversified renewable energy portfolio help cushion the impact of regulatory changes and weaker power price forecasts on its net asset value and cash flows. Sector headwinds include revisions to ...
Business Operations and StrategyExecutive/Board Changes
Foresight Environmental Infrastructure Reshapes Management Team While Maintaining Strategic Continuity
Positive
Jul 9, 2026
Foresight Environmental Infrastructure Limited, an Article 9 fund under SFDR, concentrates on environmental infrastructure investments that support decarbonisation and sustainability. Its portfolio spans renewable energy, wider energy infrastructu...
Business Operations and StrategyExecutive/Board Changes
Foresight Environmental Infrastructure Names New Chair as It Deepens Focus on Green Assets
Positive
Jun 18, 2026
Foresight Environmental Infrastructure Limited (FGEN) is a leading investor in private environmental infrastructure assets across the UK and mainland Europe, specialising in renewable energy, wider energy infrastructure and sustainable resource ma...
Business Operations and StrategyExecutive/Board ChangesDividendsFinancial Disclosures
Foresight Environmental Infrastructure lifts dividend target as diversified green portfolio powers resilient returns
Positive
Jun 18, 2026
Foresight Environmental Infrastructure Limited, a listed FTSE 250 investment company, manages a diversified portfolio of 39 environmental infrastructure assets in the UK and mainland Europe, including wind, solar, anaerobic digestion and other sus...
Business Operations and StrategyFinancial Disclosures
Foresight Environmental Infrastructure Sets June Dates for Full-Year Results and Investor Briefings
Neutral
May 27, 2026
FGEN will publish its audited results for the year ended 31 March 2026 on 18 June 2026, accompanied by a live analyst presentation hosted by investment managers Edward Mountney and Charlie Wright. The company will make the results and presentation...
Business Operations and StrategyDividendsFinancial Disclosures
Foresight Environmental Infrastructure lifts dividend target as diversified portfolio boosts NAV
Positive
May 27, 2026
Foresight Environmental Infrastructure Limited reported an unaudited net asset value of £655.5 million, or 105.2 pence per share, at 31 March 2026, delivering a 2.5% NAV total return for the quarter and 6.2% for the financial year after payin...
Other
Foresight Environmental Infrastructure Director Initiates Shareholding with Modest Stake Purchase
Positive
May 20, 2026
Foresight Environmental Infrastructure Limited has disclosed that non-executive director Nadia Sood has acquired 6,796 ordinary shares in the company at a price of £0.753 per share on 15 May 2026. Following this purchase on the London Stock E...
Business Operations and StrategyShareholder Meetings
Foresight Environmental Infrastructure Highlights Growth Assets at Capital Markets Day
Positive
May 12, 2026
Foresight Environmental Infrastructure Limited is positioning itself as a key player in environmental infrastructure by backing assets in renewable energy, low-carbon transport, controlled-environment agriculture and sustainable aquaculture. As an...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.