Delorean (ASX:DEL) Has Debt But No Earnings; Should You Worry?
May 23
Australian (ASX) Renewable Energy Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies7
- 7D-4.6%
- 3M7.9%
- 1Y31.0%
- YTDn/a
Over the last 7 days, the Renewable Energy industry has dropped 5.1%, driven by Frontier Energy declining 21%. On the other hand Delorean is actually up 109%. Over the past 12 months, the industry was up 31%. Looking forward, earnings are forecast to grow by 15% 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, 26 Jul 2024 | AU$883.3m | AU$62.9m | -AU$7,114,235.77 | 36.3x | -124.2x | 14x |
| Sun, 23 Jun 2024 | AU$881.9m | AU$62.8m | -AU$7,117,887.54 | 37.7x | -123.9x | 14x |
| Tue, 21 May 2024 | AU$818.3m | AU$62.8m | -AU$7,118,429.56 | 35.7x | -115x | 13x |
| Thu, 18 Apr 2024 | AU$786.9m | AU$62.9m | -AU$7,115,373.87 | 32.4x | -110.6x | 12.5x |
| Sat, 16 Mar 2024 | AU$778.5m | AU$62.9m | -AU$7,115,889.72 | 32.3x | -109.4x | 12.4x |
| Mon, 12 Feb 2024 | AU$471.3m | AU$78.3m | -AU$6,921,900.51 | 28.8x | -68.1x | 6x |
| Wed, 10 Jan 2024 | AU$469.7m | AU$85.6m | -AU$2,332,561.00 | 15.5x | -201.4x | 5.5x |
| Fri, 08 Dec 2023 | AU$463.5m | AU$85.6m | -AU$2,341,042.00 | 15.9x | -198x | 5.4x |
| Sun, 05 Nov 2023 | AU$474.9m | AU$85.6m | -AU$2,337,443.00 | 16.4x | -203.2x | 5.5x |
| Tue, 03 Oct 2023 | AU$450.7m | AU$85.7m | -AU$2,348,516.00 | 16.7x | -191.9x | 5.3x |
| Thu, 31 Aug 2023 | AU$450.3m | AU$105.6m | -AU$11,037,599.00 | 17.8x | -40.8x | 4.3x |
| Sat, 29 Jul 2023 | AU$513.8m | AU$109.9m | -AU$8,556,615.00 | 35.2x | -60x | 4.7x |
| Mon, 26 Jun 2023 | AU$524.3m | AU$109.9m | -AU$8,536,385.00 | 38.5x | -61.4x | 4.8x |
| Wed, 24 May 2023 | AU$548.6m | AU$78.3m | -AU$14,384,498.00 | 85.9x | -38.1x | 7x |
| Fri, 21 Apr 2023 | AU$539.1m | AU$78.3m | -AU$14,393,843.00 | 78.7x | -37.5x | 6.9x |
| Sun, 19 Mar 2023 | AU$517.0m | AU$78.3m | -AU$14,390,954.00 | 71.6x | -35.9x | 6.6x |
| Tue, 14 Feb 2023 | AU$513.4m | AU$74.6m | -AU$20,311,207.00 | 4.6x | -25.3x | 6.9x |
| Thu, 12 Jan 2023 | AU$566.0m | AU$74.6m | -AU$20,310,999.00 | 14x | -27.9x | 7.6x |
| Sat, 10 Dec 2022 | AU$573.0m | AU$74.7m | -AU$20,313,365.00 | 13.6x | -28.2x | 7.7x |
| Mon, 07 Nov 2022 | AU$876.0m | AU$74.6m | -AU$20,308,751.00 | 69.2x | -43.1x | 11.7x |
| Wed, 05 Oct 2022 | AU$678.7m | AU$74.6m | -AU$20,310,435.00 | 67.4x | -33.4x | 9.1x |
| Fri, 02 Sep 2022 | AU$716.4m | AU$76.3m | -AU$20,307,835.00 | 64.3x | -35.3x | 9.4x |
| Sun, 31 Jul 2022 | AU$410.4m | AU$50.1m | -AU$35,057,914.00 | 54.3x | -11.7x | 8.2x |
| Tue, 28 Jun 2022 | AU$231.8m | AU$50.2m | -AU$35,056,142.00 | 57.3x | -6.6x | 4.6x |
| Thu, 26 May 2022 | AU$311.3m | AU$50.1m | -AU$35,057,823.00 | 54.4x | -8.9x | 6.2x |
| Sat, 23 Apr 2022 | AU$337.1m | AU$50.1m | -AU$35,060,397.00 | 42.1x | -9.6x | 6.7x |
| Mon, 21 Mar 2022 | AU$341.6m | AU$50.1m | -AU$35,058,095.00 | 56.1x | -9.7x | 6.8x |
| Wed, 16 Feb 2022 | AU$286.0m | AU$41.7m | -AU$23,892,079.00 | 274.8x | -12x | 6.9x |
| Fri, 14 Jan 2022 | AU$310.5m | AU$41.6m | -AU$23,892,546.00 | 312.5x | -13x | 7.5x |
| Sun, 12 Dec 2021 | AU$302.0m | AU$41.7m | -AU$23,892,364.00 | 389.5x | -12.6x | 7.2x |
| Tue, 09 Nov 2021 | AU$312.1m | AU$41.6m | -AU$23,892,804.00 | 356.6x | -13.1x | 7.5x |
| Thu, 07 Oct 2021 | AU$314.5m | AU$41.6m | -AU$23,892,541.00 | 364.5x | -13.2x | 7.6x |
| Sat, 04 Sep 2021 | AU$325.2m | AU$44.3m | -AU$23,893,053.59 | 328.9x | -13.6x | 7.3x |
| Mon, 02 Aug 2021 | AU$346.7m | AU$44.3m | -AU$23,893,053.59 | 325.4x | -14.5x | 7.8x |
Price to Earnings Ratio
-14.5x
Current Industry PE
- Investors are optimistic on the Australian Renewable Electricity industry, and appear confident in long term growth rates.
- The 3-year average PS ratio of 7.6x is lower than the industry's current PS ratio of 14.1x.
Past Earnings Growth
- The earnings for companies in the Renewable Electricity industry have improved over the last three years.
- Revenues for these companies have grown 12% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Comparison
How does Australian Renewable Energy compare with similar industries?
| AU Market | -2.20% | |
| Utilities | -2.55% | |
| Renewable Energy | -4.33% | |
| Renewable Energy | -4.56% | |
| Independent Power Producers and Energy Traders | 0% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| DEL Delorean | AU$0.085 | 97.7% +AU$9.1m | n/a | PS2.4x | |
| GNX Genex Power | AU$0.28 | 1.9% +AU$6.9m | 71.9% | PS18.7x | |
| CCE Carnegie Clean Energy | AU$0.043 | 4.9% +AU$732.4k | -42.7% | PS75x |