# Jersey Electricity plc (JEL.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Utilities / Electric Utilities. Price 445p, market value 136 millionp.

## Valuation
- **P/E (trailing): 12.7×** (5-yr avg 1337.7×, 3-yr avg 1216.7×). Jersey Electricity plc trades at 12.7× trailing earnings, well below its own five-year average of 1337.7×: cheap by its own standards. The Utilities median in the September 2026 study was 21.2×. Forward P/E is 11.0×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 0.5×**. Each dollar of revenue is priced at 0.5×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 0.5×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 2.3×**. Enterprise value is 2.3× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 0.1%** (5-yr avg 0.0%). Free cash flow equals 0.1% of the market value, above its five-year average of 0.0%, so the shares are cheaper on cash than they have usually been.
- **Earnings yield: 7.9%**. The inverse of the P/E: 7.9% of the price is earned each year.

## Profitability
- **Gross margin: 28.5%**. Jersey Electricity plc keeps 28.5% of revenue after the direct cost of what it sells.
- **Operating margin: 10.5%**. 10.5% of revenue is left after running the business.
- **Net margin: 7.5%**. 7.5% of each dollar of sales reaches the bottom line.
- **Return on equity: 4.3%**. 4.3% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 9.4%**. Return on all capital, debt included, is 9.4%.
- **Return on assets: 6.0%**. Each dollar of assets produces 6.0% of profit.

## Growth
- **Revenue growth (1 yr): 7.7%** (3-yr 7.6%/yr, 5-yr 5.5%/yr). Revenue grew 7.7% over the last year, against 5.5% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): -5.3%** (3-yr 10.1%/yr, 5-yr -1.1%/yr). Earnings per share fell 5.3%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 0.14**. Debt is 0.14 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Jersey Electricity plc holds more cash than debt.
- **Interest coverage: 9.7×**. Operating profit covers interest 9.7× over, a safe margin.
- **Current ratio: 2.78** (quick 2.48). Current assets cover the next year's liabilities 2.78 times.
- **Altman Z-score: 2.28**. A Z-score of 2.28 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 4.97%** (0p per share, trailing). Jersey Electricity plc yields 4.97%, an income-level yield.
- **Payout ratio: 58%**. 58% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 13**. 13 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 5.3%/yr** (1-yr 5.2%). The dividend has grown 5.3% a year over five years.
- **Shareholder yield: 5.0%**. Dividends plus net buybacks return 5.0% of the market value a year.

## Price and momentum
- **Total return (1 yr): -7.4%** (YTD -6.4%, 3-mo -2.2%). The shares are down 7.4% over twelve months including dividends.
- **From 52-week high: -8.2%** (6.0% above the low). Trading 8% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 40**. An RSI of 40 is neutral.
- **Beta (1 yr): 0.15** (volatility 13%). Beta of 0.15 against the FTSE All-Share: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=JEL.L · Page: https://foliofundamentals.com/stocks/jel.l

Not investment advice.