UPDATED Sep 26, 2023
8 companies
Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally.
Powering the shift away from fossil fuels with a complete energy ecosystem.
Earnings are forecast to grow 21.61% per year
Earnings grew by 28.6% over the past year
High level of non-cash earnings
Brookfield Renewable Partners L.P. owns a portfolio of renewable power generating facilities primarily in North America, Colombia, Brazil, Europe, and Asia.
Clean energy capacity to double by 2030, delivering a cleaner energy grid.
Trading at 66.7% below our estimate of its fair value
Earnings are forecast to grow 56.2% per year
Shareholders have been diluted in the past year
Developing ‘Zero-Carbon Ammonia’ as an environmentally friendly way of enhancing crop yields.
Trading at 30.3% below our estimate of its fair value
Earnings are forecast to decline by an average of 8.1% per year for the next 3 years
Profit margins (11.4%) are lower than last year (19.9%)
Has a high level of debt
Ecolab Inc. provides water, hygiene, and infection prevention solutions and services in the United States and internationally.
Delivering water recycling solutions in the face of water scarcity.
Earnings are forecast to grow 17.57% per year
Earnings grew by 6.2% over the past year
Has a high level of debt
American Water Works Company, Inc., through its subsidiaries, provides water and wastewater services in the United States.
Strict adherence to environmental places in top ten most sustainable companies.
Earnings are forecast to grow 8.1% per year
Debt is not well covered by operating cash flow
Shareholders have been diluted in the past year
Profit margins (22.1%) are lower than last year (34%)
Republic Services, Inc., together with its subsidiaries, offers environmental services in the United States.
Renewable energy from landfills.
Trading at 4% below our estimate of its fair value
Earnings are forecast to grow 8.89% per year
Earnings grew by 13.5% over the past year
Significant insider selling over the past 3 months
Has a high level of debt
Green Plains Inc. produces low-carbon fuels in the United States and internationally.
Sustainable biofuels improve the carbon footprint of our ICE powered vehicles.
Trading at 52% below our estimate of its fair value
Earnings are forecast to grow 114.71% per year
No risks detected for GPRE from our risks checks.
Schnitzer Steel Industries, Inc., doing business as Radius Recycling, recycles ferrous and nonferrous metal, and manufactures finished steel products worldwide.
Helping to decarbonize a highly pollutive industry.
Trading at 58.6% below our estimate of its fair value
Profit margins (0.3%) are lower than last year (5.9%)
Large one-off items impacting financial results
Simply Wall St analyst Bailey Pemberton and Simply Wall St have no position in any of the companies mentioned.