Australian (ASX) Renewable Energy Industry Analysis
UpdatedMay 28, 2022
DataAggregated Company Financials
Companies7
- 7D3.0%
- 3M-6.7%
- 1Y-26.1%
- YTD-15.9%
Over the last 7 days, the Renewable Energy industry has risen 3.0%, driven by gains in Genex Power and New Energy Solar of 3.7% and 2.6%, respectively. In contrast, the industry has lost 26% in the last 12 months. Looking forward, earnings are forecast to grow by 47% annually.
Industry Valuation and Performance
Has the Australian Renewable Energy Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sat, 28 May 2022 | AU$317.0m | AU$50.1m | -AU$35,058,150.00 | 54.6x |
| Mon, 25 Apr 2022 | AU$337.1m | AU$50.1m | -AU$35,059,262.00 | 41.7x |
| Wed, 23 Mar 2022 | AU$347.6m | AU$50.1m | -AU$35,058,410.00 | 56.3x |
| Fri, 18 Feb 2022 | AU$290.3m | AU$41.7m | -AU$23,892,252.00 | 276.9x |
| Sun, 16 Jan 2022 | AU$303.7m | AU$41.7m | -AU$23,892,356.00 | 309.9x |
| Tue, 14 Dec 2021 | AU$317.8m | AU$41.7m | -AU$23,892,364.00 | 389.5x |
| Thu, 11 Nov 2021 | AU$306.6m | AU$41.6m | -AU$23,892,673.00 | 382.8x |
| Sat, 09 Oct 2021 | AU$318.3m | AU$41.6m | -AU$23,892,649.00 | 382.4x |
| Mon, 06 Sep 2021 | AU$327.4m | AU$44.1m | -AU$23,893,053.59 | 328.9x |
| Wed, 04 Aug 2021 | AU$332.9m | AU$44.3m | -AU$23,893,053.59 | 333.5x |
| Sat, 08 May 2021 | AU$345.4m | AU$42.0m | -AU$12,548,870.30 | 14.7x |
| Tue, 09 Feb 2021 | AU$230.3m | AU$14.9m | -AU$16,834,962.00 | n/a |
| Mon, 02 Nov 2020 | AU$154.5m | AU$14.5m | -AU$18,825,589.21 | 140.4x |
| Thu, 06 Aug 2020 | AU$23.5m | AU$3.6m | -AU$5,854,994.21 | 111.1x |
| Sun, 10 May 2020 | AU$20.2m | AU$3.9m | -AU$8,311,406.21 | 162x |
| Sat, 01 Feb 2020 | AU$540.1m | AU$13.9m | -AU$24,287,445.21 | 150.4x |
| Tue, 05 Nov 2019 | AU$550.1m | AU$38.0m | -AU$17,992,444.91 | 15.1x |
| Fri, 09 Aug 2019 | AU$476.4m | AU$49.4m | -AU$7,441,530.91 | 8.3x |
Median PE Ratio
10.4x
Current Industry PEThere is only one profitable company in this industry, so there is insufficient data to make an industry-wide assessment of PE.
Past Earnings Growth
- Total earnings for the Renewable Electricity industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 10% per year, which is driving profits down.
Industry Comparison
How does Australian Renewable Energy compare with similar industries?
| AU Market | -1.30% | |
| Utilities | -1.04% | |
| Renewable Energy | 2.57% | |
| Renewable Energy | 2.96% | |
| Independent Power Producers and Energy Traders | 1.51% | |
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| GNX Genex Power | AU$0.14 | 3.7% +AU$6.9m | -40.4% | PS13.5x | |
| NEW New Energy Solar | AU$0.80 | 2.6% +AU$6.4m | -4.8% | PB0.7x | |
| DEL Delorean | AU$0.15 | 11.1% +AU$3.2m | -33.3% | PS1x | |
| TML Timah Resources | AU$0.07 | 4.5% +AU$269.1k | 16.7% | PS55x |