These 4 Measures Indicate That New Hope (ASX:NHC) Is Using Debt Safely
Nov 19
Australian (ASX) Energy Sector Analysis
UpdatedDec 01, 2022
DataAggregated Company Financials
Companies122
- 7D0.6%
- 3M5.1%
- 1Y47.4%
- YTD37.8%
Over the last 7 days, the Energy industry has dropped 3.3%, driven by Woodside Energy Group declining 2.5%. On the other hand Whitehaven Coal is actually up 12%. Over the past 12 months, the industry was up 47%. Looking forward, earnings are forecast to decline by 7.5% per year.
Sector Valuation and Performance
Has the Australian Energy Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 01 Dec 2022 | AU$167.9b | AU$109.7b | AU$14.3b | 7.1x | 11.7x | 1.5x |
| Sat, 29 Oct 2022 | AU$164.0b | AU$110.5b | AU$14.6b | 6.9x | 11.3x | 1.5x |
| Mon, 26 Sep 2022 | AU$154.7b | AU$110.3b | AU$14.6b | 7.8x | 10.6x | 1.4x |
| Wed, 24 Aug 2022 | AU$156.0b | AU$94.2b | AU$8.5b | 9.1x | 18.4x | 1.7x |
| Fri, 22 Jul 2022 | AU$147.1b | AU$79.2b | AU$4.7b | 11.9x | 31.3x | 1.9x |
| Sun, 19 Jun 2022 | AU$147.3b | AU$79.1b | AU$4.7b | 11.4x | 31.4x | 1.9x |
| Tue, 17 May 2022 | AU$121.0b | AU$79.1b | AU$4.7b | 10.5x | 25.8x | 1.5x |
| Thu, 14 Apr 2022 | AU$125.5b | AU$77.9b | AU$4.5b | 12.6x | 28.1x | 1.6x |
| Sat, 12 Mar 2022 | AU$124.4b | AU$78.4b | AU$5.0b | 14.4x | 24.8x | 1.6x |
| Mon, 07 Feb 2022 | AU$112.9b | AU$63.1b | -AU$398,356,754.00 | 36.1x | -283.3x | 1.8x |
| Wed, 05 Jan 2022 | AU$107.2b | AU$62.8b | -AU$408,266,781.00 | 40.9x | -262.7x | 1.7x |
| Fri, 03 Dec 2021 | AU$92.5b | AU$62.9b | -AU$402,745,913.00 | 32.5x | -229.6x | 1.5x |
| Sun, 31 Oct 2021 | AU$101.2b | AU$62.4b | -AU$438,518,762.00 | 34.6x | -230.8x | 1.6x |
| Tue, 28 Sep 2021 | AU$95.0b | AU$62.8b | -AU$395,026,618.00 | 34.7x | -240.4x | 1.5x |
| Thu, 26 Aug 2021 | AU$82.6b | AU$61.6b | -AU$198,560,481.73 | 25.8x | -415.9x | 1.3x |
| Fri, 02 Jul 2021 | AU$87.0b | AU$61.6b | -AU$199,465,357.73 | 31.5x | -436.2x | 1.4x |
| Mon, 05 Apr 2021 | AU$86.8b | AU$60.5b | -AU$3,873,887,014.56 | 15.1x | -22.4x | 1.4x |
| Thu, 07 Jan 2021 | AU$83.6b | AU$59.6b | -AU$7,596,420,732.55 | 30.5x | -11x | 1.4x |
| Wed, 30 Sep 2020 | AU$65.6b | AU$67.1b | -AU$6,502,193,963.06 | 30.3x | -10.1x | 1x |
| Sat, 04 Jul 2020 | AU$71.7b | AU$74.9b | -AU$5,750,314,448.63 | 15.8x | -12.5x | 1x |
| Tue, 07 Apr 2020 | AU$55.8b | AU$78.6b | -AU$1,132,562,369.46 | 9.3x | -49.3x | 0.7x |
| Fri, 10 Jan 2020 | AU$106.1b | AU$78.2b | AU$4.0b | 12.1x | 26.3x | 1.4x |
Price to Earnings Ratio
19.3x
Current Industry PE
- Investors are pessimistic on the Australian Energy industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 11.5x which is higher than its 3-year average PE of -68.5x.
- The industry is trading close to its 3-year average PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Energy industry have grown 37% per year over the last three years.
- Revenues for these companies have grown 13% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Australian Energy sector?
| AU Market | 0.51% | |
| Energy | 0.64% | |
| Energy Services | 1.16% | |
| Oil and Gas | 0.61% | |
Industry PE
- Investors are most optimistic about the Energy Services industry even though it's trading below its 3-year average PE ratio of 91.4x.
- Analysts are expecting annual earnings growth of 14.7%, which is lower than the prior year's growth of 693.7% per year.
- Investors are most pessimistic about the Oil and Gas industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the Energy Services industry, expecting annual earnings growth of 15% over the next 5 years.
- In contrast, the Oil and Gas industry is expected to see its earnings decline by 8.9% 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 | |
|---|---|---|---|---|---|
| YAL Yancoal Australia | AU$5.80 | 11.5% +AU$792.3m | 132.0% | PE2.9x | |
| WHC Whitehaven Coal | AU$9.89 | 10.1% +AU$773.0m | 317.3% | PE4.4x | |
| NHC New Hope | AU$5.88 | 8.7% +AU$398.6m | 191.1% | PE5.2x | |
| SOL Washington H. Soul Pattinson | AU$28.37 | 2.9% +AU$285.1m | -8.8% | PS3.7x | |
| SMR Stanmore Resources | AU$2.76 | 11.3% +AU$252.4m | 166.7% | PE7x |
