International Power(IPR)

Sector:

Electricity

Index:

FTSE 100

Market Cap

£5,483m

Change Today

Price Down-7.00p

Share Price

363.25p

IPR Overview

International Power is an international wholesale power generator and developer, created following the demerger of National Power in October 2000. The group has interests in 37 power stations in 18 countries. In April 2006, it paid £640m for the 632 mega watt coal fired Coleto Creek Power generation facility.

1 Day Chart

1 Day Chart

6 Month Chart

6 Month Chart

Income & Efficiency

Latest F'cast
Div Yield 2.8% 2.6%
Div Cover 2.7 2.7
Op Mrgn -15.2% 20.1%
ROCE 9.9%  

Valuation

Latest F'cast
P/E 13.4 12.8
PEG 0.6 2.6
Pr/Revenue 2.4 1.8
Pr/Book 1.8  

Growth

Latest F'cast
Revenue -10.0% 33.2%
PBT -22.6% 29.0%
EPS 21.0% 4.9%
DPS 28.6% 1.9%

IPR Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-03 a852.00 a(184.00) 9.10p 13.6 n/a -10% n/a 0.0%
31-Dec-04 768.00 129.00 8.60p 18.0 n/a -6% 2.50p 1.6%
31-Dec-05 1,933.00 419.00 14.60p 16.4 0.2 +70% 4.50p 1.9%
31-Dec-06 2,584.00 624.00 22.40p 17.0 0.3 +53% 7.90p 2.1%
31-Dec-07 2,325.00 483.00 27.10p 16.7 0.8 +21% 10.16p 2.2%

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

IPR Forecasts

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-08 3,095.80 623.31 28.42p 12.8 2.6 +5% 10.36p 2.6%
31-Dec-09 3,476.45 776.30 33.68p 10.8 0.6 +18% 12.82p 3.2%

Covering analysts: Charles Stanley & Co, Citigroup Investment Research, Credit Suisse, Deutsche Bank Research, Evolution Securities, Goldman Sachs, IIR Group, JP Morgan, Lehman Bros, Morgan Stanley

IPR Company Announcements

Chairman Shareholding 05-Sep-2008 16:05 RNS
Chairman Shareholding 04-Sep-2008 15:10 RNS
Total Voting Rights 29-Aug-2008 15:10 RNS

IPR ShareCast News

Former Cobham boss scales back stake 04-Sep-2008 ShareCast
International Power counts cost of Rugely outage 22-Aug-2008 ShareCast
Outage at 2nd Rugeley unit, says Int'l Power 14-Aug-2008 ShareCast

IPR Top Newspaper Links

Rugeley warning dents International Power 08-Aug-2008 Telegraph
Technical trouble costs International Power £45m 08-Aug-2008 The Independent
Lack of capacity fuels global battles over power... 13-May-2008 The Independent

Latest IPR Director Deals

Traded Action Notifier PriceAmountValue
05-Sep-08 Buy Neville Simms 364.50p 20,000 £72,900.00
03-Sep-08 Buy Neville Simms 373.10p 50,000 £186,550.00
16-Jun-08 Buy Neville Simms 411.40p 35,000 £143,989.99

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.

 

IPR Market Data

Currency UK Pounds
Share Price 363.25p Price Down
Change Today -7.00p
52 Week High 489.00
52 Week Low 361.00
Volume 10,239,947
Shares Issued 1,509.37m
Market Cap £5,483m
Beta 0.59
RiskGrade 149

IPR Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
89.8% below the market average89.8% below the market average89.8% below the market average89.8% below the market average89.8% below the market average
76.47% below the sector average76.47% below the sector average76.47% below the sector average76.47% below the sector average76.47% below the sector average
Price Trend
72.36% above the market average72.36% above the market average72.36% above the market average72.36% above the market average72.36% above the market average
11.11% above the sector average11.11% above the sector average11.11% above the sector average11.11% above the sector average11.11% above the sector average
Income
36.68% below the market average36.68% below the market average36.68% below the market average36.68% below the market average36.68% 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
Growth
14.21% above the market average14.21% above the market average14.21% above the market average14.21% above the market average14.21% above the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average

What The Brokers Say

Strong Buy 6
Buy 3
Neutral 1
Sell 0
Strong Sell 1
Total 11
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

IPR Dividends

  Latest Previous
  Interim Final
Ex-Div 01-Oct-08 21-May-08
Paid 31-Oct-08 26-Jun-08
Amount 3.56p 7.39p

Trades for 05-Sep-2008

Time Volume / Share Price
16:57 100 @ 363.75p
16:35 851,934 @ 363.25p
16:28 1,678 @ 363.75p
16:28 100 @ 364.00p
16:28 1,614 @ 364.00p

IPR Key Personnel

CEO Philip Cox
Chair Neville Simms
CFO Mark Williamson

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