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Brazilian (BOVESPA) Renewable Energy Industry Analysis
UpdatedJan 21, 2022
DataAggregated Company Financials
Companies8
- 7D3.3%
- 3M-15.0%
- 1Y-28.6%
- YTD-2.0%
Over the last 7 days, the Renewable Energy industry has risen 2.1%, driven by gains in Eneva and Engie Brasil Energia of 6.3% and 2.9%, respectively. However, the industry is down 30% over the past year.
Industry Valuation and Performance
Has the Brazilian Renewable Energy Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Fri, 21 Jan 2022 | R$77.2b | R$25.7b | R$5.9b | 11.9x |
| Sun, 19 Dec 2021 | R$71.0b | R$24.1b | R$6.1b | 12.7x |
| Tue, 16 Nov 2021 | R$75.9b | R$23.7b | R$6.1b | 12.9x |
| Thu, 14 Oct 2021 | R$75.2b | R$22.3b | R$5.2b | 13.3x |
| Sat, 11 Sep 2021 | R$76.6b | R$22.3b | R$5.2b | 13.3x |
| Mon, 09 Aug 2021 | R$77.9b | R$22.3b | R$5.2b | 13.1x |
| Sun, 02 May 2021 | R$77.9b | R$21.1b | R$5.9b | 15.2x |
| Wed, 03 Feb 2021 | R$74.4b | R$19.0b | R$5.8b | 12.5x |
| Sat, 07 Nov 2020 | R$66.4b | R$17.7b | R$4.6b | 13.2x |
| Fri, 31 Jul 2020 | R$72.3b | R$17.2b | R$5.0b | 13.4x |
| Mon, 04 May 2020 | R$58.7b | R$16.6b | R$4.4b | 13.8x |
| Thu, 06 Feb 2020 | R$74.8b | R$16.0b | R$4.2b | 18.4x |
| Sun, 10 Nov 2019 | R$63.4b | R$15.0b | R$3.2b | 14.9x |
| Sat, 03 Aug 2019 | R$61.2b | R$15.1b | R$2.9b | 14.2x |
| Tue, 07 May 2019 | R$54.6b | R$15.2b | R$3.7b | 15.2x |
| Fri, 08 Feb 2019 | R$50.4b | R$14.6b | R$3.7b | 14.8x |
PE Ratio
14.8x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 14.4x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Renewable Energy industry have grown 17% per year over the last three years, and revenues for these companies have grown 21% 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 Renewable Energy industry?
| Independent Power Producers and Energy Traders | 3.03% | |
| Renewable Energy | 1.84% | |
Industry PE: Investors are most optimistic about the Independent Power Producers and Energy Traders industry even though it's trading below its 3-year average PE ratio of 25.8x. However analysts are expecting annual earnings growth of 7.5%, which is lower than the prior year's growth of 43% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Renewable Energy industry, which is trading below its 3-year average of 15.5x.
Forecasted Growth: Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 31% over the next 5 years. However this is lower than its past earnings growth rate of 42% per year. Meanwhile, the Independent Power Producers and Energy Traders industry is expected to see its earnings grow by 7.5% 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$12.94 | 6.3% +R$974.4m | -20.0% | PE11.9x | |
| EGIE3 Engie Brasil Energia | R$39.40 | 2.9% +R$905.7m | -9.7% | PE12.8x | |
| MEGA3 Omega Energia | R$12.81 | 5.4% +R$366.4m | -69.1% | PS4.4x | |
| AESB3 AES Brasil Energia | R$11.31 | 3.8% +R$201.8m | n/a | n/a | |
| RNEW11 Renova Energia | R$6.79 | 4.3% +R$10.2m | -42.9% | PE2.1x |