Drax Group (DRX)

Sector:

Electricity

Index:

FTSE 250

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560.50p
   
  • Change Today:
    -1.00p
  • 52 Week High: 581.50p
  • 52 Week Low: 453.00p
  • Currency: UK Pounds
  • Shares Issued: 365.11m
  • Volume: 1,012,491
  • Market Cap: £2,046.44m
  • RiskGrade: 120
  • Beta: 0.62

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

6 Month Chart

Financials

Latest F'cast
Div Yield 5.0% 4.6%
Div Cover 2.0 2.0
Op Mrgn 19.9% 14.5%
ROCE 23.9%  
Latest F'cast
P/E 10.0 10.7
PEG n/a n/a
Pr/Revenue 1.1 1.2
Pr/Book 1.6  
Latest F'cast
Revenue 11.4% -6.7%
PBT 32.6% -26.4%
EPS -12.5% -6.5%
DPS -13.1% -6.5%

Drax Group Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-07 1,247.40 448.50 99.00p 6.1 n/a -15% 14.60p 2.4%
31-Dec-08 1,752.80 442.50 86.00p 6.5 n/a -13% 43.30p 7.7%
31-Dec-09 1,475.80 157.80 58.00p 7.2 n/a -33% 13.70p 3.3%
31-Dec-10 1,648.40 254.90 64.00p 5.8 0.6 +10% 32.00p 8.7%
31-Dec-11 1,835.90 338.10 56.00p 9.7 n/a -12% 27.80p 5.1%

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-12 1,713.66 248.90 52.36p 10.7 n/a -6% 25.99p 4.6%
31-Dec-13 1,920.97 148.77 31.73p 17.7 n/a -39% 15.80p 2.8%

Copyright © 2012 FactSet Research Systems Inc. All rights reserved.

Drax Group Company Announcements

Holding(s) in Company 18-May-2012 10:37 RNS
Interim Management Statement 15-May-2012 07:00 RNS
Total Voting Rights 01-May-2012 09:00 RNS

Drax Group ShareCast News

Drax takes advantage of better dark green spreads 15-May-2012 ShareCast
Tuesday broker round-up 15-May-2012 ShareCast
Wednesday newspaper round-up: BSkyB, Drax, Bolivia 02-May-2012 ShareCast

Drax Group Top Newspaper Links

RENEWABLES FIRE DRAX BID TALK 28-Oct-2011 Express & Star
Drax calls for biomass subsidies 03-Aug-2011 The Independent
Sparks fly over plans for energy market overhaul 22-Mar-2011 Daily Mail

Latest Drax Group Director Deals

Traded Action Notifier PriceAmountValue
30-Apr-12 Sell Dorothy Thompson 542.06p 15,280 £82,826.77
30-Apr-12 Transfer From Dorothy Thompson 0.000p 29,325 £0.00
30-Apr-12 Sell Paul Taylor 542.06p 5,328 £28,880.96

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 560.50p
Change Today -1.00p
% Change -0.18 %
52 Week High 581.50p
52 Week Low 453.00p
Volume 1,012,491
Shares Issued 365.11m
Market Cap £2,046.44m
Beta 0.62
RiskGrade 120

Drax Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
17.81% above the market average17.81% above the market average17.81% above the market average17.81% above the market average17.81% above the market average
27.27% below the sector average27.27% below the sector average27.27% below the sector average27.27% below the sector average27.27% below the sector average
Price Trend
74.76% above the market average74.76% above the market average74.76% above the market average74.76% above the market average74.76% 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
34.03% above the market average34.03% above the market average34.03% above the market average34.03% above the market average34.03% above the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Growth
15.38% below the market average15.38% below the market average15.38% below the market average15.38% below the market average15.38% 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 4
Buy 1
Neutral 2
Sell 4
Strong Sell 4
Total 15
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
  Final Interim
Ex-Div 25-Apr-12 28-Sep-11
Paid 11-May-12 14-Oct-11
Amount 11.80p 16.00p

Trades for 25-May-2012

Time Volume / Share Price
16:47 7,286 @ 554.29p
16:47 16,217 @ 554.29p
16:46 6,672 @ 558.53p
16:46 14,849 @ 558.53p
16:45 29,261 @ 556.01p

Drax Group Key Personnel

Chair Charles Andrew Berry
CEO Dorothy Thompson
Finance Director Anthony (Tony) James Quinlan

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