New Narrative • Jun 30
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- 7D-12.6%
- 3M17.5%
- 1Y19.5%
- YTD13.5%
Over the last 7 days, the Renewable Energy industry has dropped 13%, driven by a pullback from Carnegie Clean Energy of 46%. On the other hand Janus Electric Holdings is actually up 28%. This takes the industry's 12 month performance to a gain of 19%. Earnings are forecast to grow by 73% 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 |
|---|---|---|---|---|---|---|
| Mon, 03 Aug 2026 | AU$546.1m | AU$23.6m | -AU$45,110,177.39 | 39.5x | -12.1x | 23.1x |
| Wed, 01 Jul 2026 | AU$531.9m | AU$23.7m | -AU$45,802,805.43 | 44x | -11.6x | 22.4x |
| Fri, 29 May 2026 | AU$456.3m | AU$23.7m | -AU$44,790,650.62 | 57.5x | -10.2x | 19.3x |
| Sun, 26 Apr 2026 | AU$456.5m | AU$23.7m | -AU$44,636,249.30 | 53.9x | -10.2x | 19.3x |
| Tue, 24 Mar 2026 | AU$379.5m | AU$23.7m | -AU$45,312,776.99 | 48.5x | -8.4x | 16x |
| Thu, 19 Feb 2026 | AU$691.1m | AU$66.2m | AU$466.5m | 29.1x | 1.5x | 10.4x |
| Sat, 17 Jan 2026 | AU$807.1m | AU$66.2m | AU$493.8m | 30.9x | 1.6x | 12.2x |
| Mon, 15 Dec 2025 | AU$832.1m | AU$66.2m | AU$498.0m | 16.5x | 1.7x | 12.6x |
| Wed, 12 Nov 2025 | AU$925.3m | AU$64.5m | AU$508.4m | 17.7x | 1.8x | 14.3x |
| Fri, 10 Oct 2025 | AU$797.9m | AU$64.5m | AU$502.8m | 19x | 1.6x | 12.4x |
| Sun, 07 Sep 2025 | AU$701.2m | AU$83.7m | AU$508.7m | 16.6x | 1.4x | 8.4x |
| Tue, 05 Aug 2025 | AU$655.1m | AU$115.0m | -AU$679,388,017.84 | 11.1x | -1x | 5.7x |
| Thu, 03 Jul 2025 | AU$742.4m | AU$114.5m | -AU$670,819,142.41 | 11.5x | -1.1x | 6.5x |
| Sat, 31 May 2025 | AU$500.1m | AU$115.4m | -AU$685,399,263.70 | 7.9x | -0.7x | 4.3x |
| Mon, 28 Apr 2025 | AU$462.4m | AU$115.4m | -AU$670,689,865.67 | 7.9x | -0.7x | 4x |
| Wed, 26 Mar 2025 | AU$456.0m | AU$115.9m | -AU$679,329,066.06 | 11.9x | -0.7x | 3.9x |
| Fri, 21 Feb 2025 | AU$392.6m | AU$71.0m | AU$569.0k | 14.2x | 690.1x | 5.5x |
| 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 |
Price to Earnings Ratio
122.8x
Current Industry PE
- Investors are optimistic on the Australian Renewable Energy industry, and appear confident in long term growth rates.
- The 3-year average PS ratio of 8.4x is lower than the industry's current PS ratio of 23.1x.
Past Earnings Growth
- Total earnings for the Renewable Energy industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 59% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Australian Utilities industry?
| AU Market | 1.96% | |
| Utilities | 0.04% | |
| Renewable Energy | -12.58% | |
| Independent Power Producers and Energy Traders | -8.11% | |
| Renewable Energy | -15.33% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 73% over the next 5 years.
- In contrast, the Renewable Energy industry is expected to see its earnings grow by 73% 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 | |
|---|---|---|---|---|---|
| JNS Janus Electric Holdings | AU$0.32 | 28.0% +AU$20.6m | 128.6% | PS30x | |
| DEL Delorean | AU$0.094 | 1.1% +AU$253.0k | -47.8% | PS1.7x |