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Foresight Environmental Infrastructure Limited GBP
(LSE:FGEN)
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Rating:66Neutral
Price Target:
95.00 p
▲(3.60% Upside)
Action:Reiterated
Date:10/03/26
The score is primarily constrained by weak cash generation and volatile revenue despite strong reported profitability, which raises sustainability risk. Offsetting this is a very conservative balance sheet with zero debt, plus mildly positive technicals and a supportive valuation profile driven by a mid P/E and high dividend yield.
Positive Factors
Conservative balance sheet
The absence of debt across the reported period reduces solvency and refinancing risk while preserving financial flexibility. A substantial equity base gives FGEN greater capacity to absorb asset volatility, support portfolio investments, and maintain strategic options through changing infrastructure markets.
Negative Factors
Persistent negative cash generation
Negative operating and free cash flow across every reported year indicates that accounting earnings have not consistently translated into cash. This weak conversion can constrain internally funded investment, increase reliance on liquidity, and create ongoing uncertainty around dividend capacity and profit sustainability.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
The absence of debt across the reported period reduces solvency and refinancing risk while preserving financial flexibility. A substantial equity base gives FGEN greater capacity to absorb asset volatility, support portfolio investments, and maintain strategic options through changing infrastructure markets.
Read all positive factors
Foresight Environmental Infrastructure Limited GBP (FGEN) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£560.38M
Dividend Yield8.88%
Average Volume (3M)1.21M
Price to Earnings (P/E)15.2
Beta (1Y)0.26
Revenue Growth651.12%
EPS GrowthN/A
CountryUK
EmployeesN/A
SectorGeneral
Sector StrengthN/A
IndustryAsset Management
Share Statistics
EPS (TTM)0.06
Shares Outstanding623,338,300
10 Day Avg. Volume939,834
30 Day Avg. Volume1,211,817
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.65
Price to Sales (P/S)10.93
P/FCF Ratio-53.98
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Foresight Environmental Infrastructure Limited GBP Business Overview & Revenue Model
Company Description
Foresight Environmental Infrastructure Limited (formerly JLEN Environmental Assets Group), is a Guernsey-based, FTSE 250-listed investment trust managed by Foresight Group that invests in a diversified portfolio of environmental infrastructure acr...
How the Company Makes Money
FGEN makes money primarily by owning equity and/or debt interests in environmental infrastructure assets that generate predictable cash flows. Its key revenue sources are (1) operating cash distributions (dividends/interest/repayments) received fr...
Foresight Environmental Infrastructure Limited GBP Financial Statement Overview
Summary
Income Statement
68
Positive
Balance Sheet
86
Very Positive
Cash Flow
22
Negative
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 39.00M | -1.25M | -12.29M | 100.00M | 186.25M |
| Gross Profit | 39.00M | -1.25M | -12.29M | 100.00M | 186.25M |
| EBITDA | 37.16M | -2.83M | -13.94M | 98.30M | 185.01M |
| Net Income | 37.16M | -2.83M | -13.94M | 98.30M | 185.01M |
Balance Sheet | |||||
| Total Assets | 657.25M | 680.79M | 753.87M | 817.09M | 765.10M |
| Cash, Cash Equivalents and Short-Term Investments | 492.00K | 2.62M | 271.00K | 143.00K | 2.02M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 1.80M | 2.09M | 2.65M | 2.52M | 2.19M |
| Stockholders Equity | 655.45M | 678.70M | 751.21M | 814.57M | 762.90M |
Cash Flow | |||||
| Free Cash Flow | -7.89M | -9.35M | -9.86M | -9.59M | -7.68M |
| Operating Cash Flow | -7.89M | -9.35M | -9.86M | -9.59M | -7.68M |
| Investing Cash Flow | 66.18M | 81.37M | 59.40M | 54.50M | -65.87M |
| Financing Cash Flow | -60.41M | -69.68M | -49.42M | -46.79M | 73.70M |
Foresight Environmental Infrastructure Limited GBP Technical Analysis
Positive
91.70
Price Trends
87.68
Positive
85.73
Positive
77.50
Positive
Market Momentum
0.62
Negative
59.37
Neutral
94.57
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:FGEN, the sentiment is Positive. The current price of 91.7 is above the 20-day moving average (MA) of 87.71, above the 50-day MA of 87.68, and above the 200-day MA of 77.50, indicating a bullish trend. The MACD of 0.62 indicates Negative momentum. The RSI at 59.37 is Neutral, neither overbought nor oversold. The STOCH value of 94.57 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:FGEN.
Foresight Environmental Infrastructure Limited GBP Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | £560.38M | 15.24 | 5.68% | 8.88% | 651.12% | ― | |
62 Neutral | £9.99B | 26.66 | 20.35% | 3.81% | 16.66% | 61.25% | |
60 Neutral | £31.89B | 25.75 | 9.45% | 2.62% | 0.54% | -2.65% | |
59 Neutral | £2.72B | 53.87 | 1.10% | 5.90% | -7.78% | -91.96% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
47 Neutral | £2.40B | 18.03 | 6.61% | 9.54% | 23.25% | ― | |
38 Underperform | £12.29M | -0.99 | -65.86% | ― | 136.51% | 40.60% |
* General Sector Average
GB:FGEN
Foresight Environmental Infrastructure Limited GBP
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28.10
45.46%
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Foresight Environmental Infrastructure Limited GBP Corporate Events
Business Operations and Strategy
Foresight Environmental Infrastructure Adds Investec as Joint Broker to Support Growth
Positive
Sep 21, 2026
Foresight Environmental Infrastructure Limited (FGEN), an Article 9 EU SFDR environmental infrastructure fund, invests across renewable generation, energy infrastructure and sustainable resource management to deliver stable, inflation-linked cash ...
Business Operations and StrategyExecutive/Board Changes
Foresight Environmental Infrastructure bolsters board with new audit chair
Positive
Sep 17, 2026
Foresight Environmental Infrastructure Limited has strengthened its board with the appointment of Steven Wilderspin as an independent non-executive director and Chair of the Audit Committee, effective 17 September 2026. He replaces Stephanie Coxon...
Business Operations and StrategyStock BuybackDividendsShareholder Meetings
Foresight Environmental Infrastructure Wins Strong Shareholder Backing at AGM
Positive
Sep 17, 2026
Foresight Environmental Infrastructure Limited (FGEN) is an investment company specialising in environmental infrastructure, including renewable generation, energy assets and sustainable resource management, with a focus on long-term, inflation-li...
Business Operations and StrategyShareholder Meetings
Foresight Environmental Infrastructure Sets AGM and Seeks Backing for Continuation Vote
Positive
Aug 20, 2026
Foresight Environmental Infrastructure Limited has published the notice of its Annual General Meeting, scheduled for 17 September 2026 in Guernsey, and distributed it to shareholders and via its website and the National Storage Mechanism. The Boar...
Business Operations and StrategyDividendsFinancial Disclosures
Foresight Environmental Infrastructure posts robust quarter, raises dividend on strong portfolio performance
Positive
Aug 12, 2026
Foresight Environmental Infrastructure Limited reported an unaudited net asset value of £652.4 million at 30 June 2026, with NAV per share of 104.7 pence, as positive valuation movements and strong portfolio performance largely offset softer ...
Business Operations and StrategyDividendsFinancial Disclosures
Diversified Green Infrastructure Portfolio Narrows Discount at Foresight Environmental
Positive
Jul 23, 2026
Foresight Environmental Infrastructure has seen its diversified renewable energy portfolio help cushion the impact of regulatory changes and weaker power price forecasts on its net asset value and cash flows. Sector headwinds include revisions to ...
Business Operations and StrategyExecutive/Board Changes
Foresight Environmental Infrastructure Reshapes Management Team While Maintaining Strategic Continuity
Positive
Jul 9, 2026
Foresight Environmental Infrastructure Limited, an Article 9 fund under SFDR, concentrates on environmental infrastructure investments that support decarbonisation and sustainability. Its portfolio spans renewable energy, wider energy infrastructu...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.