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Brazilian (BOVESPA) Renewable Energy Industry Analysis
UpdatedFeb 21, 2025
DataAggregated Company Financials
Companies6
- 7D3.0%
- 3M-2.0%
- 1Y-13.1%
- YTD13.3%
Over the last 7 days, the Renewable Energy industry has risen 1.4%, driven by gains from Serena Energia of 13%. Meanwhile, Renova Energia actually underperformed within the industry, shrinking 14% in the last week. However, the industry is down 14% over the past year. Looking forward, earnings are forecast to decline by 4.3% per year.
Industry Valuation and Performance
Has the Brazilian Renewable Energy Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 21 Feb 2025 | R$68.4b | R$31.5b | R$6.2b | 11.5x | 11x | 2.2x |
| Sun, 19 Jan 2025 | R$63.2b | R$30.8b | R$6.1b | 10.2x | 10.3x | 2.1x |
| Tue, 17 Dec 2024 | R$67.6b | R$30.8b | R$6.1b | 11.2x | 11x | 2.2x |
| Thu, 14 Nov 2024 | R$72.5b | R$30.6b | R$5.9b | 12.1x | 12.3x | 2.4x |
| Sat, 12 Oct 2024 | R$79.4b | R$33.6b | R$4.9b | 10x | 16.1x | 2.4x |
| Mon, 09 Sep 2024 | R$84.4b | R$33.6b | R$4.9b | 9.9x | 17.1x | 2.5x |
| Wed, 07 Aug 2024 | R$82.0b | R$33.8b | R$4.1b | 9.6x | 20.2x | 2.4x |
| Fri, 05 Jul 2024 | R$84.7b | R$33.7b | R$4.3b | 15.8x | 19.7x | 2.5x |
| Sun, 02 Jun 2024 | R$81.5b | R$33.7b | R$4.3b | 15.3x | 19x | 2.4x |
| Tue, 30 Apr 2024 | R$78.2b | R$34.3b | R$3.7b | 42.7x | 21.3x | 2.3x |
| Thu, 28 Mar 2024 | R$79.3b | R$34.3b | R$4.3b | 31.5x | 18.5x | 2.3x |
| Sat, 24 Feb 2024 | R$80.9b | R$33.8b | R$4.3b | 33.1x | 18.9x | 2.4x |
| Mon, 22 Jan 2024 | R$81.6b | R$33.6b | R$6.6b | 22.8x | 12.3x | 2.4x |
| Wed, 20 Dec 2023 | R$86.9b | R$33.6b | R$6.6b | 23x | 13.1x | 2.6x |
| Fri, 17 Nov 2023 | R$84.5b | R$33.6b | R$6.7b | 24.2x | 12.7x | 2.5x |
| Sun, 15 Oct 2023 | R$79.4b | R$32.7b | R$7.8b | 19.2x | 10.1x | 2.4x |
| Tue, 12 Sep 2023 | R$83.0b | R$32.7b | R$7.8b | 20.1x | 10.6x | 2.5x |
| Thu, 10 Aug 2023 | R$85.9b | R$31.5b | R$7.7b | 23.8x | 11.1x | 2.7x |
| Sat, 08 Jul 2023 | R$87.8b | R$31.6b | R$7.2b | 39.8x | 12.2x | 2.8x |
| Mon, 05 Jun 2023 | R$84.1b | R$31.6b | R$7.2b | 37.7x | 11.7x | 2.7x |
| Wed, 03 May 2023 | R$81.4b | R$29.6b | R$6.7b | 21x | 12.2x | 2.8x |
| Fri, 31 Mar 2023 | R$77.8b | R$29.6b | R$6.7b | 17.6x | 11.6x | 2.6x |
| Sun, 26 Feb 2023 | R$78.2b | R$27.2b | R$6.5b | 12x | 12x | 2.9x |
| Tue, 24 Jan 2023 | R$79.3b | R$26.1b | R$4.2b | 17.4x | 19.1x | 3x |
| Thu, 22 Dec 2022 | R$78.1b | R$26.1b | R$4.2b | 17.2x | 18.8x | 3x |
| Sat, 19 Nov 2022 | R$79.3b | R$25.7b | R$4.2b | 14.7x | 18.8x | 3.1x |
| Mon, 17 Oct 2022 | R$78.8b | R$25.2b | R$4.2b | 15.8x | 18.9x | 3.1x |
| Wed, 14 Sep 2022 | R$85.4b | R$25.2b | R$4.2b | 15.8x | 20.5x | 3.4x |
| Fri, 12 Aug 2022 | R$86.2b | R$24.0b | R$4.0b | 16.3x | 21.6x | 3.6x |
| Sun, 10 Jul 2022 | R$81.5b | R$24.0b | R$4.0b | 15x | 20.4x | 3.4x |
| Tue, 07 Jun 2022 | R$78.5b | R$24.0b | R$4.0b | 14.5x | 19.6x | 3.3x |
| Thu, 05 May 2022 | R$80.3b | R$23.0b | R$3.9b | 14.8x | 20.5x | 3.5x |
| Sat, 02 Apr 2022 | R$95.2b | R$24.1b | R$6.0b | 16.1x | 15.9x | 3.9x |
| Mon, 28 Feb 2022 | R$76.9b | R$24.7b | R$5.0b | 12.4x | 15.5x | 3.1x |
Price to Earnings Ratio
15.5x
Current Industry PE
- Investors are pessimistic on the Brazilian Renewable Energy industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 11.3x which is lower than its 3-year average PE of 15.7x.
- The 3-year average PS ratio of 2.8x is higher than the industry's current PS ratio of 2.2x.
Past Earnings Growth
- The earnings for companies in the Renewable Energy industry have grown 7.3% per year over the last three years.
- Revenues for these companies have grown 7.7% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Brazilian Utilities industry?
| BR Market | 1.41% | |
| Utilities | 1.52% | |
| Renewable Energy | 2.97% | |
| Renewable Energy | 3.03% | |
| Independent Power Producers and Energy Traders | 2.85% | |
Industry PE
- Investors are most optimistic about the Independent Power Producers and Energy Traders industry which is trading above its 3-year average PE ratio of 6.8x.
- Analysts are expecting annual earnings growth of 21.8%, which is lower than the prior year's growth of 160.3% per year.
- Investors are most pessimistic about the Renewable Energy industry, which is trading below its 3-year average of 14.0x.
Forecasted Growth
- Analysts are most optimistic on the Independent Power Producers and Energy Traders industry, expecting annual earnings growth of 22% over the next 5 years.
- However this is lower than its past earnings growth rate of 160% per year.
- In contrast, the Renewable Energy industry is expected to see its earnings decline by 19% 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 | |
|---|---|---|---|---|---|
| ENEV3 Eneva | R$12.26 | 2.9% +R$656.7m | -1.4% | PE29x | |
| AURE3 Auren Energia | R$8.85 | 6.6% +R$550.0m | -31.7% | PE12.2x | |
| EGIE3 Engie Brasil Energia | R$36.52 | 1.4% +R$408.0m | -11.3% | PE7.2x | |
| SRNA3 Serena Energia | R$8.02 | 7.9% +R$367.3m | -18.2% | PE16.8x |