Added to YB: 2026-03-10
Pitch date: 2026-03-06
GRP.L [neutral]
Greencoat Renewables PLC
+5.12%
current return
Author Info
No bio for this author
Company Info
Greencoat Renewables PLC owns and operates renewable energy infrastructure assets in the Republic of Ireland, Germany, France, Sweden, and Spain.
Market Cap
EUR 762.6M
Pitch Price
EUR 0.72
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
-14.57
EV/Sales
199.04
Sector
Capital Markets
Category
dividend
Theodosian Capital | Stocks Update 6/3/2026 - GRP – Noisy results but fundamentally very cheap
GRP.L (update): FY25 stat loss €52M on €98M fair value hit masked healthier reality: OCF €73M covered €76M divs. NAV 99c vs 110.5c on power price assumptions. Trades 26% below NAV despite selling assets at 4% premium to book. €100M buyback launched. 79% contracted revs underpin €600M 2026-30 cash gen (1.6x div cover). 6.81c DPS = 9.6% yield. Exposed to EU power demand tailwinds (data centres/AI/electrification). Discount unjustified given asset sale premium & visible cashflows.
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