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Australian (ASX) Renewable Energy Industry Analysis
UpdatedJun 07, 2023
DataAggregated Company Financials
Companies8
- 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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 08 Jun 2023 | AU$540.0m | AU$109.9m | -AU$8,557,859.00 | 35.2x | -63.1x | 4.9x |
| Sat, 06 May 2023 | AU$520.7m | AU$78.3m | -AU$14,397,440.00 | 76.4x | -36.2x | 6.6x |
| Mon, 03 Apr 2023 | AU$540.7m | AU$78.4m | -AU$14,404,270.00 | 81.1x | -37.5x | 6.9x |
| Wed, 01 Mar 2023 | AU$555.9m | AU$78.3m | -AU$13,221,208.00 | 78.7x | -42x | 7.1x |
| Fri, 27 Jan 2023 | AU$550.6m | AU$74.6m | -AU$20,311,108.00 | 14x | -27.1x | 7.4x |
| Sun, 25 Dec 2022 | AU$530.4m | AU$74.7m | -AU$20,313,284.00 | 14x | -26.1x | 7.1x |
| Tue, 22 Nov 2022 | AU$842.1m | AU$74.6m | -AU$20,309,830.00 | 68.1x | -41.5x | 11.3x |
| Thu, 20 Oct 2022 | AU$690.2m | AU$74.7m | -AU$20,313,823.00 | 68.8x | -34x | 9.2x |
| Sat, 17 Sep 2022 | AU$681.6m | AU$74.6m | -AU$20,309,344.00 | 64.6x | -33.6x | 9.1x |
| Mon, 15 Aug 2022 | AU$418.6m | AU$50.1m | -AU$35,059,868.00 | 59.7x | -11.9x | 8.4x |
| Wed, 13 Jul 2022 | AU$285.2m | AU$50.2m | -AU$35,053,387.00 | 59.7x | -8.1x | 5.7x |
| Fri, 10 Jun 2022 | AU$297.0m | AU$50.1m | -AU$35,060,297.00 | 57.2x | -8.5x | 5.9x |
| Sun, 08 May 2022 | AU$310.9m | AU$50.1m | -AU$35,057,868.00 | 44.3x | -8.9x | 6.2x |
| Tue, 05 Apr 2022 | AU$323.9m | AU$50.1m | -AU$35,059,861.00 | 45.1x | -9.2x | 6.5x |
| Thu, 03 Mar 2022 | AU$292.5m | AU$50.9m | -AU$33,274,451.00 | 53.4x | -8.8x | 5.8x |
| Sat, 29 Jan 2022 | AU$280.4m | AU$41.7m | -AU$23,891,868.00 | 303.4x | -11.7x | 6.7x |
| Mon, 27 Dec 2021 | AU$316.2m | AU$41.7m | -AU$23,892,432.00 | 287x | -13.2x | 7.6x |
| Wed, 24 Nov 2021 | AU$314.8m | AU$41.6m | -AU$23,892,467.00 | 391.3x | -13.2x | 7.6x |
| Fri, 22 Oct 2021 | AU$342.6m | AU$41.6m | -AU$23,893,045.00 | 389.2x | -14.3x | 8.2x |
| Sun, 19 Sep 2021 | AU$329.9m | AU$44.2m | -AU$23,892,462.00 | 339.3x | -13.8x | 7.5x |
| Tue, 17 Aug 2021 | AU$350.2m | AU$44.3m | -AU$23,893,053.59 | 325.1x | -14.7x | 7.9x |
| Tue, 01 Jun 2021 | AU$358.5m | AU$42.0m | -AU$12,548,870.30 | 13.8x | -28.6x | 8.5x |
| Fri, 05 Mar 2021 | AU$287.9m | AU$14.9m | -AU$16,834,962.00 | n/a | -17.1x | 19.3x |
| Mon, 07 Dec 2020 | AU$163.7m | AU$14.5m | -AU$18,825,589.21 | 171.9x | -8.7x | 11.3x |
| Thu, 10 Sep 2020 | AU$24.3m | AU$3.6m | -AU$5,854,994.21 | 122.6x | -4.2x | 6.7x |
Price to Earnings Ratio
-2.9x
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% | |
| Utilities | 0.33% | |
| Renewable Energy | 0.11% | |
| Renewable Energy | 0.13% | |
| 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 | |
|---|---|---|---|---|---|
| No data available | |||||
