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Drax Group PLC DRX

Morningstar Rating
GBX 507.89 +13.29 (2.69%)
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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 36% discount.
Price
GBP 496.10
Fair Value
GBP 545.62
Uncertainty
Very High
1-Star Price
GBP 7,228.74
5-Star Price
GBP 978.44
Economic Moat
Tlcmc
Capital Allocation
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News

Trading Information

Previous Close Price
GBX 494.60
Day Range
GBX 496.00509.50
52-Week Range
GBX 395.20655.40
Bid/Ask
GBX 507.50 / GBX 508.50
Market Cap
GBX 196.38 Bil
Volume/Avg
249,103 / 1.5 Mil

Key Statistics

Price/Earnings (Normalized)
3.96
Price/Sales
0.24
Dividend Yield (Trailing)
4.67%
Dividend Yield (Forward)
4.67%
Total Yield
12.02%

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 global 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
Small Value
Total Number of Employees
3,551

Comparables

Valuation

Metric
DRX
ERG
RWE
Price/Earnings (Normalized)
3.9616.1914.14
Price/Book Value
0.941.690.76
Price/Sales
0.244.620.84
Price/Cash Flow
2.686.9734.37
Price/Earnings
DRX
ERG
RWE

Financial Strength

Metric
DRX
ERG
RWE
Quick Ratio
0.610.190.67
Current Ratio
1.120.701.58
Interest Coverage
8.077.612.96
Quick Ratio
DRX
ERG
RWE

Profitability

Metric
DRX
ERG
RWE
Return on Assets (Normalized)
7.85%5.51%3.84%
Return on Equity (Normalized)
28.73%13.02%14.38%
Return on Invested Capital (Normalized)
16.83%7.47%7.64%
Return on Assets
DRX
ERG
RWE
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Utilities - Renewable Industry Comparables

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Name
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Capital Allocation
Economic Moat
Market Cap
CEG
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GEV
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OEZVY
Verbund AG ADRRjn$26.0 Bil
OEZVF
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DNNGY
Orsted A/S ADRJtchp$23.1 Bil
DOGEF
Orsted A/SCrytbm$23.1 Bil
CZAVF
CEZ a.sZwgttqw$19.7 Bil
EBR.B
Centrais Eletricas Brasileiras SA ADRZwpw$16.5 Bil
BEP
Brookfield Renewable Partners LPQxrysyblbRdrc$6.0 Bil
BEPC
Brookfield Renewable Corp Ordinary Shares - Class A (Sub Voting)TgrbkqgknVjtr$4.1 Bil

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