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Drax Group(DRX)

Sector:

Electricity

Index:

FTSE 100

Market Cap

£2,535.30m

Change Today

Price Up8.00p

Share Price

747.00p

Drax Group Overview

Drax owns and operates the Drax Power Station, the UK’s largest coal-fired power station based in North Yorkshire. The group's main activity is operating the station and the trading of electricity produced.

1 Day Chart

1 Day Chart

6 Month Chart

6 Month Chart

Income & Efficiency

Latest F'cast
Div Yield 2.0% 6.7%
Div Cover 6.8 1.5
Op Mrgn 37.8% 24.3%
ROCE 50.2%  

Valuation

Latest F'cast
P/E 7.5 9.9
PEG n/a n/a
Pr/Revenue 2.0 1.9
Pr/Book 6.9  

Growth

Latest F'cast
Revenue -10.1% 7.4%
PBT -29.3% -27.6%
EPS -14.7% -24.5%
DPS 11.5% 246.9%

Drax Group Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-04 624.10 (41.60) (2.65)p n/a n/a n/a n/a 0.0%
31-Dec-05 928.60 263.60 119.17p 4.6 n/a n/a n/a 0.0%
31-Dec-06 1,387.00 634.20 116.00p 6.8 n/a -3% 13.10p 1.7%
31-Dec-07 1,247.40 448.50 99.00p 6.1 n/a -15% 14.60p 2.4%

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

Drax Group Forecasts

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-08 1,339.31 324.92 74.78p 9.9 n/a -24% 50.64p 6.7%
31-Dec-09 1,364.48 319.41 78.50p 9.4 1.9 +5% 60.28p 8.4%

Covering analysts: ABN AMRO, Charles Stanley & Co, Credit Suisse, Deutsche Bank Research, Evolution Securities, Goldman Sachs, Lehman Bros, Merrill Lynch, Morgan Stanley, Société Générale, UBS

Drax Group Company Announcements

Trading Update 30-Jun-2008 07:00 RNS
Holding(s) in Company 26-Jun-2008 12:54 RNS
Notice of Trading Update 25-Jun-2008 09:24 RNS

Drax Group ShareCast News

Tuesday tips round-up: Drax, Senior, Clapham House 01-Jul-2008 ShareCast
London close: Defence stocks lift Footsie 30-Jun-2008 ShareCast
London afternoon: Heavyweights keep Footsie heal... 30-Jun-2008 ShareCast

Drax Group Top Newspaper Links

4 face boot 11-Jun-2008 Sun
Drax signs £50m biomass deal 20-May-2008 Telegraph
Drax to burn imported wood to cut CO2 emissions 20-May-2008 Times

Latest Drax Group Director Deals

No deals were found in the last 28 days.

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.

 

Drax Group Market Data

Currency UK Pounds
Share Price 747.00p Price Up
Change Today +8.00p
52 Week High 785.50p
52 Week Low 486.75p
Volume 3,481,616
Shares Issued 339.40m
Market Cap £2,535.30m
Beta 0.51
RiskGrade 191

Drax Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
2.10% above the market average2.10% above the market average2.10% above the market average2.10% above the market average2.10% 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
Price Trend
51.86% above the market average51.86% above the market average51.86% above the market average51.86% above the market average51.86% above the market average
Sector averageSector averageSector averageSector averageSector average
Income
69.59% above the market average69.59% above the market average69.59% above the market average69.59% above the market average69.59% 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
Growth
58.12% below the market average58.12% below the market average58.12% below the market average58.12% below the market average58.12% 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

What The Brokers Say

Strong Buy 3
Buy 2
Neutral 1
Sell 2
Strong Sell 4
Total 12
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Drax Group Dividends

  Latest Previous
  Special Final
Ex-Div 16-Apr-08 16-Apr-08
Paid 07-May-08 07-May-08
Amount 7.80p 9.90p

Trades for 09-Jul-2008

Time Volume / Share Price
14:43 249 @ 747.00p
14:43 676 @ 747.00p
14:43 1,668 @ 747.00p
14:42 148 @ 747.00p
14:42 1,052 @ 747.00p

Drax Group Key Personnel

CEO Dorothy Thompson
Finance Director Gordon Boyd

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