Drax Group PLC DRX

Morningstar Rating
GBX790.50 +5.00 (0.64%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

DRX is trading at a LOCK|p!z@>p premium.
Price
£7.86
Fair Value
LOCK|Np#!@L>
Uncertainty
?%&
1-Star Price
LOCK|.bb?!V?
5-Star Price
LOCK|#%H&G^
Economic Moat
LOCK|<q
Capital Allocation
—

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Trading Information

Previous Close Price
GBX785.50
Day Range
GBX784.50–793.00
52-Week Range
GBX695.50–937.50
Bid/Ask
GBX790.50 / GBX791.00
Shares Outstanding
336.86M
Market Cap
GBX266.29B
Volume/Avg
79,044 / 929,460

Key Statistics

Price/Earnings (Normalized)
6.61
Price/Sales
0.53
Dividend Yield (Trailing)
3.86%
Dividend Yield (Forward)
3.86%
Dividend Payment Schedule
May, Oct
Total Yield
8.31%

Company Profile

Drax Group PLC is a UK-based renewable energy company engaged in renewable power generation, the production of sustainable biomass and the sale of renewable electricity to businesses. It operates a generation portfolio of sustainable biomass, hydro-electric, and pumped hydro storage assets across four sites in England and Scotland. The company also operates a bioenergy supply business with manufacturing facilities in the United States and Canada, producing compressed wood pellets for its own use and for customers in Europe and Asia. Its segments include Pellet Production, Generation, and Customers. The majority of its revenue is generated from the Customers segment which sells renewable electricity to industrial and commercial customers in the United Kingdom.
Sector
Utilities
Industry
Utilities - Renewable
Stock Style Box
Mid Value
Total Number of Employees
2,974

Valuation

Metric
DRX
Price/Earnings (Normalized)
6.61
Price/Book Value
1.52
Price/Sales
0.53
Price/Cash Flow
5.33
Price/Earnings
DRX

Financial Strength

Metric
DRX
Quick Ratio
0.33
Current Ratio
1.07
Interest Coverage
2.72
Quick Ratio
DRX

Profitability

Metric
DRX
Return on Assets (Normalized)
7.22%
Return on Equity (Normalized)
19.27%
Return on Invested Capital (Normalized)
12.88%
Return on Assets
DRX

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—LOCK|@y$W%$24B
EDP Renewables SA ADR
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—LOCK|HG$15B
EDP Renewables SA
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—LOCK|J^<$15B
China Longyuan Power Group Corp Ltd ADR
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