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Brazilian (BOVESPA) Renewable Energy Industry Analysis

UpdatedJan 30, 2023
DataAggregated Company Financials
Companies7
  • 7D0.6%
  • 3M-5.3%
  • 1Y-5.6%
  • YTD5.0%

In the last week, the Renewable Energy industry is flat overall, with Eneva standing out by going down 3.8%. As for the longer term, the industry has declined 5.6% in the last year. Earnings are forecast to grow by 22% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 30 Jan 2023R$80.6bR$26.1bR$4.2b17.5x19.4x3.1x
Wed, 28 Dec 2022R$77.9bR$26.1bR$4.2b16.8x18.7x3x
Fri, 25 Nov 2022R$78.8bR$25.7bR$4.2b16x18.7x3.1x
Sun, 23 Oct 2022R$80.5bR$25.2bR$4.2b16.5x19.3x3.2x
Tue, 20 Sep 2022R$82.9bR$25.2bR$4.2b15.6x19.9x3.3x
Thu, 18 Aug 2022R$87.0bR$24.4bR$4.1b16.6x21.2x3.6x
Sat, 16 Jul 2022R$83.7bR$24.0bR$4.0b16.4x21x3.5x
Mon, 13 Jun 2022R$76.8bR$24.0bR$4.0b14.2x19.3x3.2x
Wed, 11 May 2022R$77.8bR$22.8bR$4.0b14.2x19.3x3.4x
Fri, 08 Apr 2022R$93.9bR$24.1bR$6.0b15.3x15.7x3.9x
Sun, 06 Mar 2022R$75.3bR$23.3bR$5.7b10.8x13.1x3.2x
Tue, 01 Feb 2022R$76.6bR$25.7bR$5.9b12.3x12.9x3x
Thu, 30 Dec 2021R$73.5bR$25.7bR$5.9b12.5x12.4x2.9x
Sat, 27 Nov 2021R$72.8bR$24.1bR$6.1b12.6x12x3x
Mon, 25 Oct 2021R$72.4bR$22.3bR$5.2b13.1x13.8x3.3x
Wed, 22 Sep 2021R$77.3bR$22.3bR$5.2b13.4x14.8x3.5x
Fri, 20 Aug 2021R$76.8bR$22.3bR$5.2b13.3x14.7x3.4x
Fri, 04 Jun 2021R$82.3bR$21.1bR$5.9b18.4x14x3.9x
Mon, 08 Mar 2021R$75.4bR$20.2bR$5.8b16.7x13x3.7x
Thu, 10 Dec 2020R$70.8bR$17.7bR$4.6b13.9x15.2x4x
Wed, 02 Sep 2020R$68.9bR$17.2bR$5.0b12.8x13.9x4x
Sat, 06 Jun 2020R$62.8bR$16.6bR$4.4b14.2x14.4x3.8x
Tue, 10 Mar 2020R$70.9bR$16.0bR$4.2b16.8x16.9x4.4x
Price to Earnings Ratio

17.8x


Total Market Cap: R$74.8bTotal Earnings: R$4.2bTotal Revenue: R$16.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Renewable Energy Industry Price to Earnings3Y Average 15.5x202120222023
Current Industry PE
  • Investors are optimistic on the Brazilian Renewable Energy industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 19.4x which is higher than its 3-year average PE of 15.5x.
  • The 3-year average PS ratio of 3.6x is higher than the industry's current PS ratio of 3.1x.
Past Earnings Growth
  • The earnings for companies in the Renewable Energy industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 18% 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 and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the Brazilian Utilities industry?

BR Market0.53%
Utilities1.05%
Renewable Energy0.62%
Renewable Energy2.05%
Independent Power Producers and Energy Traders-3.78%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 14.9x.
    • Analysts are expecting annual earnings growth of 21.9%, which is higher than its past year's earnings decline of 42.3% per year.
  • Investors are most pessimistic about the Independent Power Producers and Energy Traders industry, which is trading close to its 3-year average of 19.1x.
Forecasted Growth
  • Analysts are most optimistic on the Independent Power Producers and Energy Traders industry, expecting annual earnings growth of 24% over the next 5 years.
  • This is better than its past earnings decline of 23% per year.
  • In contrast, the Renewable Energy industry is expected to see its earnings grow by 22% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
EGIE3 Engie Brasil EnergiaR$38.852.1%
+R$660.9m
-4.5%PE17.1x
AURE3 Auren EnergiaR$15.304.0%
+R$590.0m
n/aPE64.9x
AESB3 AES Brasil EnergiaR$10.171.5%
+R$89.8m
-13.9%PS2.2x
MEGA3 Omega EnergiaR$9.181.1%
+R$62.3m
-20.7%PE7.9x
RNEW11 Renova EnergiaR$6.404.9%
+R$24.4m
-7.0%PE2.8x
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