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Pennon Group(PNN)

Sector:

Gas, Water & Multiutilities

Index:

FTSE 250

Market Cap

£2,276.60m

Change Today

Price Down-6.50p

Share Price

641.00p

Pennon Group Overview

Pennon operates two key subsidiaries: South West Water, a provider of water and sewerage services to Devon, Cornwall and parts of Dorset and Somerset; and Viridor Waste, a leading waste treatment and disposal business.

1 Day Chart

1 Day Chart

6 Month Chart

6 Month Chart

Income & Efficiency

Latest F'cast
Div Yield 3.1% 3.4%
Div Cover 1.9 1.8
Op Mrgn 27.1% 17.6%
ROCE 8.2%  

Valuation

Latest F'cast
P/E 17.5 17.3
PEG 0.9 14.2
Pr/Revenue 2.6 2.4
Pr/Book 3.6  

Growth

Latest F'cast
Revenue 16.9% 9.6%
PBT 14.1% 12.6%
EPS 19.4% 1.2%
DPS 6.8% 6.3%

Pennon Group Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-04 a471.30 a72.30 21.16p 12.0 2.4 +5% 15.03p 5.9%
31-Mar-05 551.40 84.10 23.58p 15.2 1.4 +11% 15.77p 4.4%
31-Mar-06 645.70 54.10 24.90p 18.0 3.0 +6% 17.20p 3.8%
31-Mar-07 748.30 131.10 30.90p 18.9 0.8 +24% 18.55p 3.2%
31-Mar-08 875.00 149.60 36.90p 17.5 0.9 +19% 19.81p 3.1%

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

Pennon Group Forecasts

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-09 958.86 168.50 37.35p 17.3 14.2 +1% 21.07p 3.4%
31-Mar-10 1,061.81 174.21 38.78p 16.7 4.4 +4% 22.43p 3.6%

Covering analysts: Citigroup Investment Research, Credit Suisse, Deutsche Bank Research, Goldman Sachs, HSBC Securities, JP Morgan, Lehman Bros, Merrill Lynch, Morgan Stanley

Pennon Group Company Announcements

Director/PDMR Shareholding 03-Jul-2008 16:12 RNS
Holding(s) in Company 03-Jul-2008 14:49 RNS
Annual Report and Accounts 02-Jul-2008 10:00 RNS

Pennon Group ShareCast News

London close: Weak end as banks suffer again 19-Jun-2008 ShareCast
Sector movers: Pennon spurts higher after upgrade 19-Jun-2008 ShareCast
London afternoon: Footsie back in front 19-Jun-2008 ShareCast

Pennon Group Top Newspaper Links

Rubbish firm finds grime pays 06-Dec-2007 Sun
Southern Water sold by RBS for £4.2bn 10-Oct-2007 The Independent
A tonic for Britvic 16-Aug-2007 Sun

Latest Pennon Group Director Deals

Traded Action Notifier PriceAmountValue
19-Jun-08 Buy Christopher Loughlin 644.00p 19 £122.36
19-May-08 Buy Christopher Loughlin 642.00p 20 £128.40
21-Apr-08 Buy Christopher Loughlin 605.50p 20 £121.10

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.

 

Pennon Group Market Data

Currency UK Pounds
Share Price 641.00p Price Down
Change Today -6.50p
52 Week High 694.50p
52 Week Low 547.50p
Volume 405,786
Shares Issued 355.16m
Market Cap £2,276.60m
Beta 0.39
RiskGrade 112

Pennon Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
97.9% below the market average97.9% below the market average97.9% below the market average97.9% below the market average97.9% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
84.31% above the market average84.31% above the market average84.31% above the market average84.31% above the market average84.31% above the market average
81.82% above the sector average81.82% above the sector average81.82% above the sector average81.82% above the sector average81.82% above the sector average
Income
43.1% below the market average43.1% below the market average43.1% below the market average43.1% below the market average43.1% below the market average
75% below the sector average75% below the sector average75% below the sector average75% below the sector average75% below the sector average
Growth
33.00% above the market average33.00% above the market average33.00% above the market average33.00% above the market average33.00% 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 1
Buy 4
Neutral 2
Sell 1
Strong Sell 2
Total 10
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Pennon Group Dividends

  Latest Previous
  Final Interim
Ex-Div 06-Aug-08 23-Jan-08
Paid 01-Oct-08 09-Apr-08
Amount 13.56p 6.25p

Trades for 09-Jul-2008

Time Volume / Share Price
11:17 1,308 @ 641.00p
11:17 1,550 @ 641.00p
11:17 500 @ 641.00p
11:17 1,300 @ 641.00p
11:17 1,819 @ 641.00p

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