ERM Power Limited (EPW) - Research


EPW General Information +

GICS Sub-Industry Electric Utilities
Market Cap ($M) 605
Current Price $2.420
Day High $2.430
Day Low $2.420
Last Close $2.420
Price Movement - ( No change )
Prices as at 16:40, 20 Sep 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

EPW Company Overview

Business Description

ERM Power Limited (EPW) engages in the sales of electricity to businesses in Australia and USA, generation of electricity and energy solutions. EPW sell electricity to small and big business across Australia, operates gas-fired generation assets and has gas exploration projects in East and West Australia. EPW has three business segments being Electricity Sales, Generation and Gas.

EPW Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2021 F 0.00 13.70 -19.00% 17.70 8.70 3.60% 0.0%
2020 F 0.00 16.90 -67.90% 14.30 9.60 4.00% 0.0%
2019 A 134.73 52.60 0.00% 3.20 12.00 7.20% 100.0%

EPW Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2019 A 2020 F 2021 F 2019 A 2020 F 2021 F 2019 A 2020 F 2021 F
AusNet Services (AST) $6,549M -0.1324 -0.0528 0.1220 25.3210 26.7319 23.8255 5.48% 5.73% 5.94%
ERM Power (EPW) $606M 0.0000 -0.6790 -0.1902 4.6025 14.3365 17.7030 4.96% 3.97% 3.59%
Spark Infrastructure (SKI) $3,687M 0.9545 -0.1165 -0.1758 21.0680 23.8462 28.9333 7.37% 6.91% 6.99%

EPW Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.62 5.43 1.41 0.00
Market 0.86 16.80 1.61 1.83
Sector 0.81 24.70 1.82 2.13

EPW Directors

Name Position Start Date
Mr Jon Stretch Chief Executive Officer, Managing Director 2 Feb 2015
Mr Antonino (Tony) Mario Iannello Non-Executive Director 19 Jul 2010
Mr Philip Matthew St Baker Non-Executive Director 14 Jul 2017
Mr Albert Goller Non-Executive Director 1 Jan 2015
Ms Georganne Hodges Non-Executive Director 26 Oct 2016
Ms Julieanne Margaret Alroe Non-Executive Director 24 Aug 2018

EPW Management

Name Position
Suzanne Irwin Additional Company Secretary
Alastair (James) Spence Chief Financial Officer
Derek McKay Chief Information Officer and Executive General Manager Generation
William (Mitch) Anderson Executive General Manager Business Energy (US)
Gregg Buskey Executive General Manager Corporate Finance & Strategy
Stephen (Steve) Rogers Executive General Manager Energy Retail (AU)
Megan Houghton Executive General Manager Energy Solutions
David Guiver Executive General Manager Trading
Philip (Phil) A Davis Group General Counsel,Company Secretary

EPW Substantial Shareholders

Holding Name
63,516,907 (25.84%) Trevor Charles St Baker
15,104,294 (5.89%) Morgan Stanley and its subsidiaries
15,104,294 (5.89%) Mitsubishi UFJ Financial Group, Inc
14,460,353 (5.62%) Perpetual Limited and its related bodies corporate

EPW Calendar of Events

Date Event
20 August 2020 Report (Prelim)
20 February 2020 Report (Interim)
09 October 2019 Div Pay Date

DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
© 2017 Morningstar. All rights reserved. Neither any Morningstar company nor any of their content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice has been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Limited, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. You should consider the advice in light of these matters and, if applicable, the relevant Product Disclosure Statement (in respect of Australian products) or Investment Statement (in respect of New Zealand products) before making any decision to invest. No Morningstar-affiliated company or any of their employees is providing you with personalised financial advice. To obtain advice tailored to your particular circumstances, please contact a professional financial adviser. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only.