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Australian (ASX) Renewable Energy Industry Analysis
UpdatedFeb 19, 2025
DataAggregated Company Financials
Companies7
- 7D-0.3%
- 3M-6.3%
- 1Y-2.0%
- YTD-2.7%
Over the last 7 days, the Renewable Energy industry has remained flat, although notably Volt Group gained 50%. In line with that, the industry has also been flat over the past 12 months. Earnings are forecast to grow by 21% annually.
Industry Valuation and Performance
Has the Australian Renewable Energy Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 21 Feb 2025 | AU$385.4m | AU$71.0m | AU$568.5k | 11x | 678x | 5.4x |
| Sun, 19 Jan 2025 | AU$391.9m | AU$70.0m | AU$1.3m | 14.5x | 308.6x | 5.6x |
| Tue, 17 Dec 2024 | AU$399.1m | AU$70.0m | AU$1.3m | 14.4x | 315.7x | 5.7x |
| Thu, 14 Nov 2024 | AU$402.9m | AU$69.9m | AU$1.3m | 11.8x | 321.2x | 5.8x |
| Sat, 12 Oct 2024 | AU$390.3m | AU$69.9m | AU$1.3m | 11.9x | 310.6x | 5.6x |
| Mon, 09 Sep 2024 | AU$473.0m | AU$107.0m | -AU$74,346,156.66 | 17x | -6.4x | 4.4x |
| Wed, 07 Aug 2024 | AU$498.7m | AU$85.0m | -AU$4,292,970.47 | 27.9x | -116.2x | 5.9x |
| Fri, 05 Jul 2024 | AU$927.0m | AU$103.7m | -AU$9,491,766.18 | 35.9x | -97.7x | 8.9x |
| Sun, 02 Jun 2024 | AU$913.2m | AU$104.2m | -AU$9,523,991.48 | 28.7x | -95.9x | 8.8x |
| Tue, 30 Apr 2024 | AU$876.3m | AU$104.6m | -AU$9,559,316.71 | 27x | -91.7x | 8.4x |
| Thu, 28 Mar 2024 | AU$843.7m | AU$104.9m | -AU$9,582,285.34 | 30.6x | -88x | 8x |
| Sat, 24 Feb 2024 | AU$553.5m | AU$134.9m | -AU$83,538,133.40 | 28.4x | -6.6x | 4.1x |
| Mon, 22 Jan 2024 | AU$538.8m | AU$142.4m | -AU$79,203,227.00 | 15.6x | -6.8x | 3.8x |
| Wed, 20 Dec 2023 | AU$562.6m | AU$141.3m | -AU$77,654,866.00 | 15.8x | -7.2x | 4x |
| Fri, 17 Nov 2023 | AU$598.4m | AU$143.2m | -AU$80,286,254.00 | 16.7x | -7.5x | 4.2x |
| Sun, 15 Oct 2023 | AU$574.7m | AU$145.0m | -AU$82,868,306.00 | 16.7x | -6.9x | 4x |
| Tue, 12 Sep 2023 | AU$586.1m | AU$313.5m | AU$9.7m | 7.9x | 60.1x | 1.9x |
| Thu, 10 Aug 2023 | AU$583.9m | AU$337.2m | AU$4.8m | 21.4x | 122.8x | 1.7x |
| Sat, 08 Jul 2023 | AU$618.1m | AU$337.1m | AU$4.8m | 22.5x | 129.3x | 1.8x |
| Mon, 05 Jun 2023 | AU$635.9m | AU$337.1m | AU$4.8m | 21.4x | 133.6x | 1.9x |
| Wed, 03 May 2023 | AU$656.0m | AU$301.8m | -AU$1,312,318.00 | 8x | -499.9x | 2.2x |
| Fri, 31 Mar 2023 | AU$651.3m | AU$300.1m | -AU$1,412,172.00 | 8.1x | -461.2x | 2.2x |
| Sun, 26 Feb 2023 | AU$669.0m | AU$300.5m | -AU$273,993.00 | 8.6x | -2441.8x | 2.2x |
| Tue, 24 Jan 2023 | AU$733.3m | AU$287.1m | -AU$7,859,902.00 | 12.7x | -93.3x | 2.6x |
| Thu, 22 Dec 2022 | AU$701.4m | AU$296.7m | -AU$7,275,747.00 | 11.6x | -96.4x | 2.4x |
| Sat, 19 Nov 2022 | AU$963.5m | AU$297.6m | -AU$7,215,891.00 | 36.6x | -133.5x | 3.2x |
| Mon, 17 Oct 2022 | AU$823.7m | AU$312.7m | -AU$6,306,590.00 | 38.4x | -130.6x | 2.6x |
| Wed, 14 Sep 2022 | AU$853.6m | AU$291.5m | AU$4.2m | 35x | 203.6x | 2.9x |
| Fri, 12 Aug 2022 | AU$583.8m | AU$264.5m | -AU$36,548,916.00 | 44.3x | -16x | 2.2x |
| Sun, 10 Jul 2022 | AU$452.8m | AU$271.6m | -AU$36,615,829.00 | 43.9x | -12.4x | 1.7x |
| Tue, 07 Jun 2022 | AU$528.5m | AU$261.0m | -AU$36,513,024.00 | 39.3x | -14.5x | 2x |
| Thu, 05 May 2022 | AU$539.5m | AU$264.3m | -AU$36,543,625.00 | 36.4x | -14.8x | 2x |
| Sat, 02 Apr 2022 | AU$548.3m | AU$253.0m | -AU$36,431,716.00 | 40.4x | -15x | 2.2x |
| Mon, 28 Feb 2022 | AU$506.8m | AU$260.8m | -AU$32,691,328.00 | 279.5x | -15.5x | 1.9x |
Price to Earnings Ratio
-15.5x
Current Industry PE
- Investors are optimistic on the Australian Renewable Energy industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 678x which is higher than its 3-year average PE of -24.7x.
- The 3-year average PS ratio of 3.9x is lower than the industry's current PS ratio of 5.4x.
Past Earnings Growth
- Total earnings for the Renewable Energy industry have gone up over the last three years and the industry is now profitable.
- Revenues have declined 35% per year.
- This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the Australian Utilities industry?
| AU Market | -0.19% | |
| Utilities | -0.82% | |
| Renewable Energy | -0.30% | |
| Independent Power Producers and Energy Traders | 0% | 0 |
| Renewable Energy | -0.31% | |
Industry PE
- Investors are most optimistic about the Independent Power Producers and Energy Traders industry which is trading above its 3-year average PE ratio.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 21% over the next 5 years.
- This is better than its past earnings decline of 15% per year.
- In contrast, the Renewable Energy industry is expected to see its earnings grow by 21% 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 | |
|---|---|---|---|---|---|
| VPR Volt Group | AU$0.0015 | 50.0% +AU$5.4m | 50.0% | PE18.8x | |
| LGI LGI | AU$3.00 | 0.3% +AU$888.1k | 35.1% | PE44.6x |