Just Energy Group, Inc. Ordinary Shares (Canada) (JE) Company Bio
Just Energy Group Inc. retails electricity, natural gas, and green energy in the United States, Canada, and the United Kingdom. The company was founded in 1997 and is based in Mississauga, Canada.
JE Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Just Energy Group Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Just Energy Group Inc ranked in the 57th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. As for the metrics that stood out in our discounted cash flow analysis of Just Energy Group Inc, consider:
The company has produced more trailing twelve month cash flow than only 19.46% of its sector Utilities.
4% of the company's capital comes from equity, which is greater than just 1.36% of stocks in our cash flow based forecasting set.
Just Energy Group Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -1.72. This coverage rate is greater than that of just 18.5% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Utilities that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as JE, try TAC, CWEN, NEP, SPH, and AT.
Just Energy ([[JE]] -15.1%) has named Michael Carter as Chief Financial Officer. He brings 20+ years of experience. Most recently, he served as Senior Vice President, Finance at Hunt Power & Hunt Utility Services.Mr. Carter will assume the role of Chief Financial Officer from Jim Brown, who will become the Company’s new Chief Commercial...