Jersey Electricity (JEL) AI Stock Analysis

• Market Cap: £140.94M
• Dividend Yield: 5.72%
• Average Volume (3M): 3.87K
• Price to Earnings (P/E): 12.0
• Beta (1Y): 0.31
• Revenue Growth: 8.55%
• EPS Growth: 4.47%
• Country: UK
• Employees: 378
• Sector: Utilities
• Sector Strength: 79
• Industry: Regulated Electric
• EPS (TTM): 0.27
• Shares Outstanding: 11,640,000
• 10 Day Avg. Volume: 3,350
• 30 Day Avg. Volume: 3,868
• PEG Ratio: -0.39
• Price to Book (P/B): 0.67
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 16.10
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 74 Outperform
• Price Target: 536.00p ▲(16.52%Upside)

Jersey Electricity's solid financial performance and strategic investments are key strengths. While technical indicators show potential overbought conditions, the company's attractive valuation and financial resilience support a positive outlook.

Jersey Electricity Business Overview & Revenue Model

Company Description

Jersey Electricity plc, together with its subsidiaries, engages in the generation, transmission, distribution, and supply of electricity in Jersey, the Channel Islands. The company provides energy solutions for domestic and commercial customers looking to switch from fossil-fuel-based energy to clean and low-carbon electricity; and home solutions, including heating systems and hot water, renewable energy, electric transport and related chargers, amenity lighting, air conditioning, and CosyCare maintenance. It also offers consulting services, including mechanical, electrical, and public health services for construction projects, businesses, and buildings; maintains and sells refrigeration and catering equipment; and operates and leases Powerhouse retail park to retailers. In addition, the company provides domestic electrical appliance needs, such as home computing, smart tech, mobile phone, and electric transport under the brand Powerhouse and its online arm powerhouse.je. Further, it offers Jenworks, a multi-utility billing engine; and engages in the property management business and software development activities. Jersey Electricity plc was founded in 1924 and is headquartered in St Helier, Jersey.

How the Company Makes Money

Jersey Electricity (JEL) generates revenue through the sale and distribution of electricity to its customers in Jersey. The company's primary revenue stream comes from the supply of electricity, which involves generating electricity from various sources and distributing it through its network infrastructure to residential, commercial, and industrial clients. JEL also earns money by offering energy management services, which help customers optimize their energy usage and increase efficiency. Additionally, the company invests in and promotes renewable energy projects, which not only contribute to sustainability goals but also provide additional revenue opportunities. Partnerships with local governments and businesses further support JEL's financial performance by enabling collaborative ventures aimed at improving energy solutions and infrastructure.

Jersey Electricity Financial Statement Overview

Summary

Jersey Electricity exhibits solid financial performance with stable revenue growth and improved gross profit margin. The balance sheet is strong, highlighted by a low debt-to-equity ratio and a high equity ratio. Cash flow management is improving, though there's room for enhancing free cash generation.

Income Statement

Jersey Electricity has demonstrated stable revenue growth, with a 8.5% increase in revenue from 2023 to 2024. Gross profit margin has improved to 38.7% from 38.2% in the previous year, indicating efficient cost management. However, EBIT margin slightly decreased to 10.6% from 11.6%, suggesting some pressure on operating efficiency. Net profit margin remains healthy at 8.6% for 2024, showing consistent profitability.

Balance Sheet

The company's financial position is strong with a low debt-to-equity ratio of 0.14, reflecting prudent leverage management. Return on equity is steady at 4.7%, indicating reasonable returns for shareholders. The equity ratio is robust at 66.5%, demonstrating a solid capital structure and financial stability.

Cash Flow

Operating cash flow increased significantly to $24.39 million, improving the operating cash flow to net income ratio to 2.10. Free cash flow growth, however, is moderate at 39.9%, suggesting less aggressive cash generation after capital expenditures. The company's free cash flow to net income ratio stands at 0.54, indicating a moderate level of cash available for discretionary use.

Breakdown
Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement		Total Revenue
135.74M	125.08M	117.42M	118.61M	111.75M
	Gross Profit
52.56M	47.75M	40.18M	44.45M	42.05M
	EBIT
14.37M	14.52M	11.91M	20.51M	16.21M
	EBITDA
30.84M	27.97M	23.22M	31.55M	27.72M
	Net Income Common Stockholders
11.62M	11.28M	8.33M	16.16M	11.62M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
49.19M	47.43M	47.40M	43.14M	35.52M
	Total Assets
368.02M	356.25M	353.68M	335.63M	310.12M
	Total Debt
34.18M	33.27M	33.32M	33.11M	32.94M
	Net Debt
-15.01M	-14.15M	-14.08M	-10.03M	-2.58M
	Total Liabilities
123.06M	114.70M	114.30M	110.19M	104.18M
	Stockholders Equity
244.92M	241.41M	239.23M	225.28M	205.82M
Cash Flow		Free Cash Flow
6.30M	4.50M	9.90M	13.07M	15.67M
	Operating Cash Flow
24.39M	17.64M	21.22M	22.39M	26.93M
	Investing Cash Flow
-15.96M	-11.45M	-11.14M	-9.20M	-11.10M
	Financing Cash Flow
-6.67M	-6.17M	-5.81M	-5.58M	-5.24M

Jersey Electricity Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 460.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:JEL, the sentiment is Positive. The current price of 460 is above the 20-day moving average (MA) of 459.94, above the 50-day MA of 437.70, and above the 200-day MA of 421.69, indicating a bullish trend. The MACD of 6.63 indicates Positive momentum. The RSI at 59.79 is Neutral, neither overbought nor oversold. The STOCH value of 23.36 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:JEL.

Jersey Electricity Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JEL	74 Outperform	£140.94M	11.99	4.72%	5.72%	8.55%	4.47%
Sector *	64 Neutral	$8.53B	10.30	4.25%	5.88%	4.06%	-12.76%
NTEA		£151.86M	1.29		5.93%	―	―
NG	73 Outperform	£51.42B	17.02	8.35%	4.38%	-7.42%	5.84%
DORE	62 Neutral	£148.01M	35.00		5.75%	―	―
SEIT	51 Neutral	£532.94M	―	-5.73%	12.34%	―	―
FGEN		£498.14M	―	-2.16%	9.87%	―	―

Jersey Electricity Corporate Events

Jersey Electricity Reports Strong Interim Results Amid Strategic Investments

Jersey Electricity PLC reported strong operational and financial results for the first half of the 2025 fiscal year, with a 9% increase in group revenue to £82.3 million and a profit before tax of £10.5 million. The company has made significant progress in its strategic investment programs, including the commissioning of a solar array and improvements in network resilience. Despite inflationary pressures, the company maintained competitive tariffs, with a 7.5% increase in January 2025, and remains financially resilient with hedged electricity purchases through 2027. The interim dividend was increased to 8.82p, reflecting the company’s commitment to sustainable growth.

Jersey Electricity Announces Board Changes with Director Retirement

Jersey Electricity PLC has announced a change in its board of directors, with Wendy Dorman set to retire as a Non-Executive Director on June 30, 2025, after nine years of service. She will be succeeded by Roger Blundell as the Chair of the Audit and Risk Committee, effective July 1, 2025, as part of the company’s succession planning process.

Jersey Electricity Reports Strong Interim Results and Strategic Progress

Jersey Electricity PLC reported strong operational and financial results for the first half of the fiscal year ending March 31, 2025, with a 9% increase in group revenue to £82.3 million and a slight rise in profit before tax to £10.5 million. The company is advancing its strategic investment programme, including significant projects like a utility-scale solar array and network upgrades, while maintaining competitive tariffs and financial resilience amid a challenging economic landscape. The interim dividend was raised to 8.82p, reflecting the company’s commitment to sustained growth and shareholder value.

Jersey Electricity Announces Search for New Board Chair

Jersey Electricity plc has announced its intention to begin the search for a new Chair of the Board, as the current Chair, Mr. Phil Austin MBE, plans to step down at the AGM in 2026 after completing his full term. This leadership transition marks a significant moment for the company, potentially impacting its strategic direction and governance, with further updates to be provided in due course.