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British Energy Group(BGY)

Sector:

Electricity

Index:

FTSE 100

Market Cap

£7,246m

Change Today

Price Down-14.00p

Share Price

701.00p

BGY Overview

British Energy, which survived bankruptcy in 2005 through a huge debt-for-equity swap, is the UK’s largest producer of electricity, generating around 20% of the nation’s needs. Its electricity is sold to the wholesale power market, while its direct supply business, British Energy Direct, deals with industrial and commercial clients in the UK.

1 Day Chart (09-May-2008)

1 Day Chart

6 Month Chart

6 Month Chart

Income & Efficiency

Latest F'cast
Div Yield 1.9% 4.1%
Div Cover 3.5 1.0
Op Mrgn 26.8% 18.4%
ROCE 29.1%  

Valuation

Latest F'cast
P/E 14.5 26.2
PEG 0.3 n/a
Pr/Revenue 2.4 2.7
Pr/Book 2.7  

Growth

Latest F'cast
Revenue 15.7% -11.3%
PBT 32.9% -38.4%
EPS 44.7% -43.6%
DPS n/a 104.7%

BGY Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-03 a1,903.00 a(4,292.00) (32,735.00)p n/a n/a n/a n/a 0.0%
31-Mar-04 a1,516.00 a232.00 1,945.00p 0.2 n/a n/a n/a 0.0%
31-Mar-05 499.00 60.00 2.60p 106.9 n/a -100% n/a 0.0%
31-Mar-06 2,593.00 599.00 33.30p 19.5 0.0 +1,181% n/a 0.0%
31-Mar-07 2,999.00 796.00 48.20p 10.1 0.2 +45% 13.60p 2.8%

a. Based on UK GAAP presentation of accounts - includes discontinued activities

BGY Forecasts

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-08 2,659.07 490.49 27.17p 25.8 n/a -44% 27.83p 4.1%
31-Mar-09 2,715.23 491.02 28.87p 24.3 3.9 +6% 25.29p 3.6%
31-Mar-10 3,312.23 827.75 54.79p 12.8 0.1 +90% 33.38p 4.0%

Covering analysts: Charles Stanley & Co, Citigroup Investment Research, Deutsche Bank Research, Dresdner Kleinwort, Evolution Securities, Goldman Sachs, ING Wholesale Banking, Lehman Bros, Merrill Lynch, Morgan Stanley

BGY Company Announcements

Rule 8.3- British Energy PLC 09-May-2008 15:09 RNS
Rule 8.3-British Energy Grp 09-May-2008 14:13 RNS
Rule 8.3- BRITISH ENERGY 09-May-2008 14:08 RNS

BGY ShareCast News

Sunday newspaper round-up: Vodafone, British Ene... 11-May-2008 ShareCast
EDF made lone bid for British Energy, report says 09-May-2008 ShareCast
London close: Week's gains surrendered 09-May-2008 ShareCast

BGY Top Newspaper Links

Offers open until June at British Energy 11-May-2008 Independent on Sunday
Cross-channel row over control of British Energy 11-May-2008 Sunday Telegraph
Need to know 10-May-2008 Times

Latest BGY Director Deals

Traded Action Notifier PriceAmountValue
24-Apr-08 Buy Sir Robert Walmsley 753.50p 253 £1,906.35
24-Apr-08 Buy David Pryde 753.50p 253 £1,906.35
24-Apr-08 Buy Sir Adrian Montague 753.50p 320 £2,411.20

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: In the case of dual listed securities, broker recommendations and forecasts relate to the primary listing.

Note 6: Forecast figures based on normalised accounts.

 

BGY Market Data

Currency UK Pounds
Share Price 701.00p Price Down
Change Today -14.00p
52 Week High 785.00p
52 Week Low 417.75p
Volume 12,692,182
Shares Issued 1,033.62m
Market Cap £7,246m
Beta 0.70
RiskGrade 203

BGY Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
66.52% below the market average66.52% below the market average66.52% below the market average66.52% below the market average66.52% below the market average
20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average
Price Trend
88.60% above the market average88.60% above the market average88.60% above the market average88.60% above the market average88.60% above the market average
52.94% above the sector average52.94% above the sector average52.94% above the sector average52.94% above the sector average52.94% above the sector average
Income
22.94% above the market average22.94% above the market average22.94% above the market average22.94% above the market average22.94% above the market average
60% below the sector average60% below the sector average60% below the sector average60% below the sector average60% below the sector average
Growth
96.92% above the market average96.92% above the market average96.92% above the market average96.92% above the market average96.92% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average

What The Brokers Say

Strong Buy 3
Buy 1
Neutral 5
Sell 0
Strong Sell 2
Total 11
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

BGY Dividends

  Latest Previous
  Interim Final
Ex-Div 05-Mar-08 27-Jun-07
Paid 03-Apr-08 31-Jul-07
Amount 14.50p 13.60p

Trades for --2008

Time Volume / Share Price
0 @ 0.000p

BGY Key Personnel

Chair Sir Adrian Montague
Finance Director Dr Stephen R Billingham
CEO Bill Coley