Scottish & Southern Energy(SSE)

Sector:

Electricity

Index:

FTSE 100

Market Cap

£10,614m

Change Today

Price Up153.00p (14.42%)

Share Price

1,214.00p

SSE Overview

SSE is the third largest supplier of electricity and gas in the UK. It supplies electricity and gas under Southern Electric, Scottish Hydro Electric, SWALEC and Atlantic brands and has over 7m customers.

1 Day Chart (13-Oct-2008)

1 Day Chart

6 Month Chart

6 Month Chart

Income & Efficiency

Latest F'cast
Div Yield 5.0% 6.0%
Div Cover 1.7 1.8
Op Mrgn 6.6% 8.3%
ROCE 15.8%  

Valuation

Latest F'cast
P/E 11.5 10.6
PEG 0.8 1.2
Pr/Revenue 0.7 0.7
Pr/Book 3.6  

Growth

Latest F'cast
Revenue 28.6% 2.1%
PBT -4.3% 19.7%
EPS 14.2% 8.6%
DPS 10.0% 5.6%

SSE Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-04 a5,124.40 a607.30 54.10p 12.7 1.4 +9% 37.70p 5.5%
31-Mar-05 7,424.60 789.30 65.30p 13.5 0.6 +21% 30.30p 3.4%
31-Mar-06 10,145.20 896.90 74.70p 15.2 1.1 +14% 46.50p 4.1%
31-Mar-07 11,867.10 1,132.00 92.50p 16.7 0.7 +24% 55.00p 3.6%
31-Mar-08 15,256.30 1,083.80 105.60p 13.3 0.9 +14% 60.50p 4.3%

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

SSE Forecasts

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-09 15,573.47 1,297.18 114.67p 10.6 1.2 +9% 63.90p 6.0%
31-Mar-10 18,163.01 1,462.70 127.15p 9.5 0.9 +11% 68.61p 6.4%

Covering analysts: Charles Stanley & Co, Credit Suisse, Deutsche Bank Research, Goldman Sachs, Lehman Bros, Merrill Lynch, Morgan Stanley, Société Générale, WestLB Equity Markets

SSE Company Announcements

Director/PDMR Shareholding 10-Oct-2008 14:49 RNS
Director/PDMR Shareholding 09-Oct-2008 14:16 RNS
Director/PDMR Shareholding (Replacement) 01-Oct-2008 16:27 RNS

SSE ShareCast News

London close: Footsie lower as financial fears p... 09-Oct-2008 ShareCast
London afternoon: Footsie optimism dribbles away 09-Oct-2008 ShareCast
London midday: Defensive stocks out in the cold 09-Oct-2008 ShareCast

SSE Top Newspaper Links

Power to the people 07-Oct-2008 Sun
Energy companies likely to be let off lightly in... 06-Oct-2008 Telegraph
Need to know: TNK-BP resolves dispute ... Tata r... 04-Oct-2008 Times

Latest SSE Director Deals

Traded Action Notifier PriceAmountValue
08-Oct-08 Buy Dividends Ian Marchant 1,324.75p 1 £13.25
06-Oct-08 Buy Dividends Gregor Alexander 1,387.20p 21 £291.31
01-Oct-08 Buy Dividends Colin Hood 1,428.70p 67 £957.23

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.

 

SSE Market Data

Currency UK Pounds
Share Price 1,214.00p Price Up
Change Today +153.00p
52 Week High 1,679.00
52 Week Low 1,061.00
Volume 5,172,351
Shares Issued 874.32m
Market Cap £10,614m
Beta 0.59
RiskGrade 247

SSE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
87.49% below the market average87.49% below the market average87.49% below the market average87.49% below the market average87.49% below the market average
5.88% below the sector average5.88% below the sector average5.88% below the sector average5.88% below the sector average5.88% below the sector average
Price Trend
57.26% above the market average57.26% above the market average57.26% above the market average57.26% above the market average57.26% above the market average
22.22% above the sector average22.22% above the sector average22.22% above the sector average22.22% above the sector average22.22% above the sector average
Income
32.91% above the market average32.91% above the market average32.91% above the market average32.91% above the market average32.91% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Growth
6.48% below the market average6.48% below the market average6.48% below the market average6.48% below the market average6.48% below the market average
73.33% below the sector average73.33% below the sector average73.33% below the sector average73.33% below the sector average73.33% below the sector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 3
Sell 1
Strong Sell 1
Total 9
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

SSE Dividends

  Latest Previous
  Final Interim
Ex-Div 20-Aug-08 20-Feb-08
Paid 26-Sep-08 25-Mar-08
Amount 42.40p 18.10p

Trades for --2008

Time Volume / Share Price
0 @ 0.000p

SSE Key Personnel

COO Colin Hood
CEO Ian Marchant
Finance Director Gregor Alexander
Chair Sir Robert Smith

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