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Australian (ASX) Renewable Energy Industry Analysis
UpdatedJan 20, 2025
DataAggregated Company Financials
Companies7
- 7D1.4%
- 3M-0.08%
- 1Y-3.8%
- YTD-1.8%
The Renewable Energy industry is up 1.4% in the last week, with Frontier Energy up 4.3%. In the same time, Energy World was down 9.5%. In contrast, the industry has lost 3.8% in the last 12 months. As for the next few years, earnings are expected to grow by 18% per annum.
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 |
|---|---|---|---|---|---|---|
| Mon, 20 Jan 2025 | AU$391.9m | AU$70.0m | AU$1.3m | 14.5x | 308.6x | 5.6x |
| Wed, 18 Dec 2024 | AU$409.6m | AU$70.0m | AU$1.3m | 14.4x | 323.9x | 5.9x |
| Fri, 15 Nov 2024 | AU$402.9m | AU$69.9m | AU$1.3m | 11.8x | 321x | 5.8x |
| Sun, 13 Oct 2024 | AU$390.3m | AU$69.9m | AU$1.3m | 11.9x | 310.8x | 5.6x |
| Tue, 10 Sep 2024 | AU$448.4m | AU$107.1m | -AU$74,605,524.74 | 13.8x | -6x | 4.2x |
| Thu, 08 Aug 2024 | AU$501.1m | AU$84.4m | -AU$4,254,024.23 | 28.4x | -117.8x | 5.9x |
| Sat, 06 Jul 2024 | AU$943.3m | AU$103.7m | -AU$9,488,664.68 | 36.2x | -99.4x | 9.1x |
| Mon, 03 Jun 2024 | AU$913.2m | AU$104.2m | -AU$9,523,991.48 | 28.7x | -95.9x | 8.8x |
| Wed, 01 May 2024 | AU$877.7m | AU$104.8m | -AU$9,578,194.63 | 27.1x | -91.6x | 8.4x |
| Fri, 29 Mar 2024 | AU$828.4m | AU$104.9m | -AU$9,577,466.29 | 30.2x | -86.5x | 7.9x |
| Sun, 25 Feb 2024 | AU$553.5m | AU$134.9m | -AU$83,583,797.59 | 28.4x | -6.6x | 4.1x |
| Tue, 23 Jan 2024 | AU$522.9m | AU$142.4m | -AU$79,289,090.00 | 15.6x | -6.6x | 3.7x |
| Thu, 21 Dec 2023 | AU$542.3m | AU$141.0m | -AU$77,242,339.00 | 15.9x | -7x | 3.8x |
| Sat, 18 Nov 2023 | AU$589.2m | AU$143.2m | -AU$80,363,622.00 | 16.4x | -7.3x | 4.1x |
| Mon, 16 Oct 2023 | AU$574.7m | AU$145.0m | -AU$82,868,306.00 | 16.7x | -6.9x | 4x |
| Wed, 13 Sep 2023 | AU$586.1m | AU$313.5m | AU$9.7m | 7.9x | 60.2x | 1.9x |
| Fri, 11 Aug 2023 | AU$591.4m | AU$337.2m | AU$4.7m | 21.4x | 124.5x | 1.8x |
| Sun, 09 Jul 2023 | AU$618.1m | AU$337.1m | AU$4.8m | 22.5x | 129.3x | 1.8x |
| Tue, 06 Jun 2023 | AU$645.6m | AU$337.1m | AU$4.8m | 21.6x | 135.6x | 1.9x |
| Thu, 04 May 2023 | AU$652.0m | AU$300.6m | -AU$1,382,695.00 | 8.1x | -471.5x | 2.2x |
| Sat, 01 Apr 2023 | AU$664.5m | AU$299.1m | -AU$1,476,295.00 | 8.1x | -450.1x | 2.2x |
| Mon, 27 Feb 2023 | AU$669.0m | AU$300.5m | -AU$273,993.00 | 8.6x | -2441.8x | 2.2x |
| Wed, 25 Jan 2023 | AU$734.2m | AU$286.1m | -AU$7,919,681.00 | 12.7x | -92.7x | 2.6x |
| Fri, 23 Dec 2022 | AU$688.2m | AU$295.1m | -AU$7,375,336.00 | 11.6x | -93.3x | 2.3x |
| Sun, 20 Nov 2022 | AU$963.5m | AU$296.5m | -AU$7,280,471.00 | 36.6x | -132.3x | 3.2x |
| Tue, 18 Oct 2022 | AU$823.7m | AU$312.7m | -AU$6,306,590.00 | 38.4x | -130.6x | 2.6x |
| Thu, 15 Sep 2022 | AU$845.0m | AU$293.9m | AU$4.5m | 35.4x | 189.2x | 2.9x |
| Sat, 13 Aug 2022 | AU$588.0m | AU$263.9m | -AU$36,542,111.00 | 47.7x | -16.1x | 2.2x |
| Mon, 11 Jul 2022 | AU$452.8m | AU$271.6m | -AU$36,615,829.00 | 43.9x | -12.4x | 1.7x |
| Wed, 08 Jun 2022 | AU$512.8m | AU$261.7m | -AU$36,519,616.00 | 42.7x | -14x | 2x |
| Fri, 06 May 2022 | AU$548.6m | AU$263.1m | -AU$36,532,025.00 | 36.5x | -15x | 2.1x |
| Sun, 03 Apr 2022 | AU$548.3m | AU$253.2m | -AU$36,433,770.00 | 40.4x | -15x | 2.2x |
| Tue, 01 Mar 2022 | AU$532.5m | AU$259.8m | -AU$32,694,920.00 | 275.8x | -16.3x | 2x |
| Thu, 27 Jan 2022 | AU$505.7m | AU$253.6m | -AU$22,058,518.00 | 300x | -22.9x | 2x |
Price to Earnings Ratio
-22.9x
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 309x which is higher than its 3-year average PE of -35.5x.
- The 3-year average PS ratio of 3.8x is lower than the industry's current PS ratio of 5.6x.
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 | 0.10% | |
| Utilities | 1.41% | |
| Renewable Energy | 1.39% | |
| Renewable Energy | 1.45% | |
| Independent Power Producers and Energy Traders | 0% | 0 |
Industry PE
- Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 52.4x.
- Analysts are expecting annual earnings growth of 17.9%, which is higher than its past year's earnings growth of 3.6% per year.
- Investors are most pessimistic about the Independent Power Producers and Energy Traders 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 Renewable Energy industry, expecting annual earnings growth of 18% over the next 5 years.
- This is better than its past earnings growth rate of 3.6% per year.
- In contrast, the Renewable Energy industry is expected to see its earnings grow by 18% 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 | |
|---|---|---|---|---|---|
| LGI LGI | AU$2.97 | 8.4% +AU$20.4m | 51.9% | PE39.5x |