Spark Infrastructure Group (SKI) - Research

$2.190 0.02 (0.92%)

SKI General Information +

ASX Code SKI
Website http://www.sparkinfrastructure.com
GICS Sub-Industry Electric Utilities
Market Cap ($M) 3,720
Current Price $2.190
Day High $2.200
Day Low $2.175
Last Close $2.170
Price Movement $0.02 ( 0.92% )
Prices as at 16:40, 20 Sep 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

SKI Company Overview

Business Description

Spark Infrastructure (SKI) invest in quality regulated utility infrastructure with a focus on Australian electricity networks. Its investments have been ranked among the mots efficient assets of their kind in Australia by the Australian Energy Regulator and provide a combination of cash generation capability today and value creation opportunity in the future.

SKI Financial Summary

Year to Dec NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2020 F 256.44 15.07 -12.20% 14.53 15.00 6.85% 15.0%
2019 F 289.91 17.17 -5.70% 12.75 15.00 6.85% 7.0%
2018 A 306.38 18.22 5.40% 12.64 16.00 6.95% 0.0%

SKI Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2018 A 2019 F 2020 F 2018 A 2019 F 2020 F 2018 A 2019 F 2020 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%

SKI Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.60 23.20 2.04 0.00
Market 0.86 16.80 1.61 1.83
Sector 0.81 24.70 1.82 2.13

SKI Directors

Name Position Start Date
Mr Richard (Rick) Francis Chief Executive Officer, Managing Director 31 May 2012
Mr Gregory John Walton Martin Non-Executive Director 1 Jan 2017
Mr Andrew James Fay Non-Executive Director 31 May 2011
Ms Anne McDonald Non-Executive Director 1 Jan 2009
Ms Karen Lee Collett Penrose Non-Executive Director 1 Oct 2014
Dr Douglas Francis McTaggart Non-Executive Director, Non-Executive Chairman 11 Dec 2015

SKI Management

Name Position
Nicholas Schiffer Chief Financial Officer
Alexandra Finley General Counsel,Company Secretary

SKI Substantial Shareholders

Holding Name
0 (14.20%) Lazard Asset Management Pacific Co
0 (9.10%) Legg Mason Inc. and each of its bodies corporate
0 (6.10%) Investors Mutual Limited

SKI Calendar of Events

Date Event
25 August 2020 Report (Interim)
25 February 2020 Report (Annual)
25 February 2020 Report (Prelim)

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