Vestas Wind Systems A/S Just Missed Earnings; Here's What Analysts Are Forecasting Now
May 04
Danish (OMX) Electrical Industry Analysis
UpdatedMay 16, 2024
DataAggregated Company Financials
Companies5
- 7D3.3%
- 3M6.2%
- 1Y-1.3%
- YTD-2.4%
Over the last 7 days, the Electrical industry has risen 3.9%, driven by gains from Vestas Wind Systems of 3.1%. During this same period, the NTR Holding underperformed, falling 5.4%. Overall in the last year, the industry is flat. As for the next few years, earnings are expected to grow by 36% per annum.
Industry Valuation and Performance
Has the Danish Electrical Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 16 May 2024 | kr.231.8b | kr.133.9b | kr.464.1m | 33.4x | 499.5x | 1.7x |
| Sat, 13 Apr 2024 | kr.214.3b | kr.134.2b | kr.949.2m | 177.1x | 225.8x | 1.6x |
| Mon, 11 Mar 2024 | kr.228.6b | kr.134.1b | kr.995.3m | 190.3x | 229.6x | 1.7x |
| Wed, 07 Feb 2024 | kr.216.9b | kr.133.0b | -kr.4,285,184,839.11 | 39.3x | -50.6x | 1.6x |
| Fri, 05 Jan 2024 | kr.230.9b | kr.133.0b | -kr.4,284,053,806.00 | 36.7x | -53.9x | 1.7x |
| Sun, 03 Dec 2023 | kr.214.7b | kr.132.9b | -kr.4,281,935,896.00 | 34.9x | -50.1x | 1.6x |
| Tue, 31 Oct 2023 | kr.169.9b | kr.128.6b | -kr.5,638,691,297.00 | 28.9x | -30.1x | 1.3x |
| Thu, 28 Sep 2023 | kr.167.1b | kr.128.4b | -kr.5,633,245,848.00 | 29.6x | -29.7x | 1.3x |
| Sat, 26 Aug 2023 | kr.186.8b | kr.128.4b | -kr.5,633,077,198.00 | 31.7x | -33.2x | 1.5x |
| Mon, 24 Jul 2023 | kr.211.3b | kr.127.0b | -kr.5,753,131,103.00 | 43.6x | -36.7x | 1.7x |
| Wed, 21 Jun 2023 | kr.210.7b | kr.127.0b | -kr.5,752,798,340.00 | 36.6x | -36.6x | 1.7x |
| Fri, 19 May 2023 | kr.227.3b | kr.126.9b | -kr.5,750,192,747.00 | 33.3x | -39.5x | 1.8x |
| Sun, 16 Apr 2023 | kr.213.3b | kr.123.7b | -kr.11,701,431,268.00 | 42.7x | -18.2x | 1.7x |
| Tue, 14 Mar 2023 | kr.219.0b | kr.123.6b | -kr.11,666,403,626.00 | 42.6x | -18.8x | 1.8x |
| Thu, 09 Feb 2023 | kr.231.3b | kr.121.8b | -kr.7,527,341,126.00 | 138.3x | -30.7x | 1.9x |
| Sat, 07 Jan 2023 | kr.219.5b | kr.121.8b | -kr.7,526,719,402.00 | 123.7x | -29.2x | 1.8x |
| Mon, 05 Dec 2022 | kr.203.3b | kr.121.7b | -kr.7,521,810,659.00 | 123.5x | -27x | 1.7x |
| Wed, 02 Nov 2022 | kr.168.8b | kr.133.9b | -kr.5,706,443,253.00 | 1809.8x | -29.6x | 1.3x |
| Fri, 30 Sep 2022 | kr.156.5b | kr.133.7b | -kr.5,941,510,131.00 | 1707.6x | -26.3x | 1.2x |
| Sun, 28 Aug 2022 | kr.209.7b | kr.133.6b | -kr.5,941,238,241.00 | 1842.4x | -35.3x | 1.6x |
| Tue, 26 Jul 2022 | kr.187.1b | kr.135.1b | -kr.4,394,835,966.00 | 212.3x | -42.6x | 1.4x |
| Thu, 23 Jun 2022 | kr.189.7b | kr.135.0b | -kr.4,391,256,907.00 | 188x | -43.2x | 1.4x |
| Sat, 21 May 2022 | kr.172.8b | kr.135.1b | -kr.4,392,716,748.00 | 200x | -39.3x | 1.3x |
| Mon, 18 Apr 2022 | kr.216.6b | kr.130.5b | kr.696.8m | 162.1x | 310.8x | 1.7x |
| Wed, 16 Mar 2022 | kr.212.9b | kr.130.5b | kr.710.0m | 88.7x | 299.8x | 1.6x |
| Fri, 11 Feb 2022 | kr.179.4b | kr.127.7b | kr.4.7b | 24.3x | 38.5x | 1.4x |
| Sun, 09 Jan 2022 | kr.199.5b | kr.127.7b | kr.4.7b | 26.3x | 42.9x | 1.6x |
| Tue, 07 Dec 2021 | kr.219.4b | kr.127.7b | kr.4.7b | 29.4x | 47.1x | 1.7x |
| Thu, 04 Nov 2021 | kr.236.0b | kr.121.2b | kr.5.8b | 23.2x | 40.8x | 1.9x |
| Sat, 02 Oct 2021 | kr.263.8b | kr.121.2b | kr.5.8b | 25.4x | 45.6x | 2.2x |
| Mon, 30 Aug 2021 | kr.272.0b | kr.121.2b | kr.5.8b | 25.5x | 47x | 2.2x |
| Tue, 06 Jul 2021 | kr.263.1b | kr.121.2b | kr.5.8b | 24.6x | 45.5x | 2.2x |
Price to Earnings Ratio
47x
Current Industry PE
- Investors are optimistic on the Danish Electrical industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 495x which is higher than its 3-year average PE of 36.8x.
- The industry is trading close to its 3-year average PS ratio of 1.7x.
Past Earnings Growth
- The earnings for companies in the Electrical industry have declined 56% per year over the last three years.
- Meanwhile revenues for these companies have grown 3.7% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Danish Industrials industry?
| DK Market | 3.31% | |
| Industrials | 4.46% | |
| Electrical | 3.33% | |
| Electrical Components | 4.55% | |
| Heavy Electrical Equipment | 3.14% | |
Industry PE
- Investors are most optimistic about the Electrical Components industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 12.6%, which is lower than the prior year's growth of 94.7% per year.
Forecasted Growth
- Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 39% over the next 5 years.
- In contrast, the Electrical Components industry is expected to see its earnings grow by 13% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| VWS Vestas Wind Systems | kr.197.00 | 3.1% +kr.6.0b | -5.1% | PS1.7x | |
| NKT NKT | kr.585.00 | 4.6% +kr.1.4b | 56.8% | PE33.4x | |
| GREENH Green Hydrogen Systems | kr.8.53 | 5.8% +kr.88.2m | -69.6% | PS38.1x |