SSE is the only integrated British utility. Its wholesale generation unit operates 11.6 gigawatts, of which 5.3 GW is renewable capacity. The latter will exceed 7 GW in 2027, chiefly thanks to the commissioning of offshore wind farms and batteries that will underpin earnings growth.
The limited GBP 2 billion equity raise is a testimony to the group's strong balance sheet. It removed an overhang that has weighed on the shares since 2024.
Lack of geographical diversification increases political risk. A potential Reform UK government reversing net-zero policy represents a tail risk that is difficult to quantify.
|
Metric
|
SSE
|
IBE
|
NGG
|
|---|---|---|---|
Price/Earnings (Normalized) | 21.28 | 24.08 | 16.49 |
Price/Book Value | 2.36 | 2.31 | 1.45 |
Price/Sales | 2.79 | 3.27 | 3.16 |
Price/Cash Flow | 9.52 | 11.25 | 10.48 |
|
Metric
|
SSE
|
IBE
|
NGG
|
|---|---|---|---|
Quick Ratio | 0.88 | 0.62 | 0.65 |
Current Ratio | 1.20 | 0.75 | 0.76 |
Interest Coverage | 6.22 | 4.54 | 3.31 |
|
Metric
|
SSE
|
IBE
|
NGG
|
|---|---|---|---|
Return on Assets (Normalized) | 5.46% | 4.15% | 3.63% |
Return on Equity (Normalized) | 16.09% | 11.96% | 10.13% |
Return on Invested Capital (Normalized) | 7.34% | 6.96% | 5.67% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Iberdrola SA
IBDSF
| — | LOCK|NX | $157B | |||
| Iberdrola SA ADR
IBDRY
| LOCK|PbSYq& | LOCK|LTw | $157B | |||
| Enel SpA
ESOCF
| LOCK|F><#&Q | LOCK|<rs | $97B | |||
| Enel SpA ADR
ENLAY
| LOCK|gRYyQZ | LOCK|^@ | $97B | |||
| Engie SA ADR
ENGIY
| LOCK|$f^#W^@ | LOCK|&QR | $65B | |||
| Engie SA
ENGQF
| — | LOCK|NZ? | $65B | |||
| RWE AG Class A
RWNFF
| — | LOCK|<x | $52B | |||
| RWE AG ADR
RWEOY
| LOCK|?GYVyC | LOCK|z^V | $52B | |||
| Sempra
SRE
| LOCK|D&<QY!Q | LOCK|NSZ@ | $51B | |||
| The AES Corp
AES
| LOCK|$#$$Qj@ | LOCK|dt> | $11B |
United States