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Australian (ASX) Renewable Energy Industry Analysis

UpdatedJun 07, 2023
DataAggregated Company Financials
  • 7D0.1%
  • 3M-8.0%
  • 1Y-45.6%
  • YTD7.4%

In the last week, the Renewable Energy industry is flat overall, with LGI standing out by going down 3.8%. Unfortunately though, the industry is down 46% over the past 12 months. In the next few years, earnings are forecast to decline by 37% annually.

Industry Valuation and Performance

Has the Australian Renewable Energy Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 08 Jun 2023AU$540.0mAU$109.9m-AU$8,557,859.0035.2x-63.1x4.9x
Sat, 06 May 2023AU$520.7mAU$78.3m-AU$14,397,440.0076.4x-36.2x6.6x
Mon, 03 Apr 2023AU$540.7mAU$78.4m-AU$14,404,270.0081.1x-37.5x6.9x
Wed, 01 Mar 2023AU$555.9mAU$78.3m-AU$13,221,208.0078.7x-42x7.1x
Fri, 27 Jan 2023AU$550.6mAU$74.6m-AU$20,311,108.0014x-27.1x7.4x
Sun, 25 Dec 2022AU$530.4mAU$74.7m-AU$20,313,284.0014x-26.1x7.1x
Tue, 22 Nov 2022AU$842.1mAU$74.6m-AU$20,309,830.0068.1x-41.5x11.3x
Thu, 20 Oct 2022AU$690.2mAU$74.7m-AU$20,313,823.0068.8x-34x9.2x
Sat, 17 Sep 2022AU$681.6mAU$74.6m-AU$20,309,344.0064.6x-33.6x9.1x
Mon, 15 Aug 2022AU$418.6mAU$50.1m-AU$35,059,868.0059.7x-11.9x8.4x
Wed, 13 Jul 2022AU$285.2mAU$50.2m-AU$35,053,387.0059.7x-8.1x5.7x
Fri, 10 Jun 2022AU$297.0mAU$50.1m-AU$35,060,297.0057.2x-8.5x5.9x
Sun, 08 May 2022AU$310.9mAU$50.1m-AU$35,057,868.0044.3x-8.9x6.2x
Tue, 05 Apr 2022AU$323.9mAU$50.1m-AU$35,059,861.0045.1x-9.2x6.5x
Thu, 03 Mar 2022AU$292.5mAU$50.9m-AU$33,274,451.0053.4x-8.8x5.8x
Sat, 29 Jan 2022AU$280.4mAU$41.7m-AU$23,891,868.00303.4x-11.7x6.7x
Mon, 27 Dec 2021AU$316.2mAU$41.7m-AU$23,892,432.00287x-13.2x7.6x
Wed, 24 Nov 2021AU$314.8mAU$41.6m-AU$23,892,467.00391.3x-13.2x7.6x
Fri, 22 Oct 2021AU$342.6mAU$41.6m-AU$23,893,045.00389.2x-14.3x8.2x
Sun, 19 Sep 2021AU$329.9mAU$44.2m-AU$23,892,462.00339.3x-13.8x7.5x
Tue, 17 Aug 2021AU$350.2mAU$44.3m-AU$23,893,053.59325.1x-14.7x7.9x
Tue, 01 Jun 2021AU$358.5mAU$42.0m-AU$12,548,870.3013.8x-28.6x8.5x
Fri, 05 Mar 2021AU$287.9mAU$14.9m-AU$16,834,962.00n/a-17.1x19.3x
Mon, 07 Dec 2020AU$163.7mAU$14.5m-AU$18,825,589.21171.9x-8.7x11.3x
Thu, 10 Sep 2020AU$24.3mAU$3.6m-AU$5,854,994.21122.6x-4.2x6.7x
Price to Earnings Ratio


Total Market Cap: AU$17.2mTotal Earnings: -AU$5,854,994.21Total Revenue: AU$3.6mTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Renewable Energy Industry Price to Earnings3Y Average -17.9x202120222023
Current Industry PE
  • Investors are pessimistic on the Australian Renewable Electricity industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 8.5x is higher than the industry's current PS ratio of 4.9x.
Past Earnings Growth
  • The earnings for companies in the Renewable Electricity industry have deteriorated over the last three years.
  • Meanwhile revenues for these companies have grown 212% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has caused losses to expand.

Industry Comparison

How does Australian Renewable Energy compare with similar industries?

AU Market-0.92%
Renewable Energy0.11%
Renewable Energy0.13%
Independent Power Producers and Energy Traders0%
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?

CompanyLast Price7D1YValuation
No data available
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