NEW! Investment Companies Centre

Renewable Energy Corp. (REC)

Sector:

Electricity Generation and Distribution

Index:

OSE All Share

Market Cap

Nk24,716m

Closing Price Change

Price Down-Nk5.20 (-9.42%)

Share Price

Nk50.00

REC Overview

Renewable Energy Corporation is a solar energy company producing silicon materials, cells and modules. It is headquartered in Oslo, with factories elsewhere in Norway and in the US and Sweden.

3 Month Chart (19-Nov-2008)

3 Month Chart

1 Year Chart

1 Year Chart

Income & Efficiency

Latest F'cast
Div Yield 0.0% 0.0%
Div Cover n/a n/a
Op Mrgn 39.0% 38.1%
ROCE 14.6%  

Valuation

Latest F'cast
P/E 18.5 11.7
PEG 0.1 0.2
Pr/Revenue 3.7 2.9
Pr/Book 2.1  

Growth

Latest F'cast
Revenue 53.3% 29.3%
PBT 165.8% 65.3%
EPS 162.1% 58.2%
DPS n/a n/a

REC Fundamentals

Year Ending Revenue (Nkm) Pre-tax (Nkm) EPS P/E PEG EPS Grth. Div Yield
31-Dec-05 2,453.92 30.08 0.20Nk n/a n/a n/a n/a 0.0%
31-Dec-06 4,334.07 743.96 1.03Nk 110.7 0.3 +415% n/a 0.0%
31-Dec-07 6,642.04 1,977.35 2.70Nk n/a n/a +162% n/a 0.0%

REC Forecasts

Year Ending Revenue (Nkm) Pre-tax (Nkm) EPS P/E PEG EPS Grth. Div Yield
31-Dec-08 8,587.76 3,268.42 4.27Nk 11.7 0.2 +58% n/a 0.0%
31-Dec-09 14,650.91 5,106.13 7.01Nk 7.1 0.1 +64% n/a 0.0%

Covering analysts: ABG Sundal Collier, CA Cheuvreux, Carnegie, Credit Suisse, Dexia Securities, DNB NOR Markets, ESN-Danske Equities, Exane BNP Paribas, First Securities, Fondsfinans, Friedman Billings Ramsey & Co, Goldman Sachs, Jefferies, Kaupthing, Kepler Capital Markets, Lehman Bros, Macquarie Research Equities, Merrill Lynch, Nordea Markets, Orion Securities ASA, Pacific Crest, Pareto Securities, SEB Enskilda Research

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are end of day values only.

Note 2: Forecast figures based on normalised accounts.

 

REC Market Data

Currency Norway Kroner
52 Week High Nk186.00
52 Week Low Nk49.85
Shares Issued 494.31m
Market Cap Nk24,716m

What The Brokers Say

Strong Buy 15
Buy 6
Neutral 2
Sell 1
Strong Sell 0
Total 24
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

REC Dividends

No dividends found

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