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Brazilian (BOVESPA) Renewable Energy Industry Analysis

UpdatedJan 21, 2022
DataAggregated Company Financials
  • 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?

DateMarket CapRevenueEarningsPE
Fri, 21 Jan 2022R$77.2bR$25.7bR$5.9b11.9x
Sun, 19 Dec 2021R$71.0bR$24.1bR$6.1b12.7x
Tue, 16 Nov 2021R$75.9bR$23.7bR$6.1b12.9x
Thu, 14 Oct 2021R$75.2bR$22.3bR$5.2b13.3x
Sat, 11 Sep 2021R$76.6bR$22.3bR$5.2b13.3x
Mon, 09 Aug 2021R$77.9bR$22.3bR$5.2b13.1x
Sun, 02 May 2021R$77.9bR$21.1bR$5.9b15.2x
Wed, 03 Feb 2021R$74.4bR$19.0bR$5.8b12.5x
Sat, 07 Nov 2020R$66.4bR$17.7bR$4.6b13.2x
Fri, 31 Jul 2020R$72.3bR$17.2bR$5.0b13.4x
Mon, 04 May 2020R$58.7bR$16.6bR$4.4b13.8x
Thu, 06 Feb 2020R$74.8bR$16.0bR$4.2b18.4x
Sun, 10 Nov 2019R$63.4bR$15.0bR$3.2b14.9x
Sat, 03 Aug 2019R$61.2bR$15.1bR$2.9b14.2x
Tue, 07 May 2019R$54.6bR$15.2bR$3.7b15.2x
Fri, 08 Feb 2019R$50.4bR$14.6bR$3.7b14.8x
PE Ratio


Total Market Cap: R$50.4bTotal Earnings: R$3.7bTotal Revenue: R$14.6b0%0%0%3 Year10 Year

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 Traders3.03%
Renewable Energy1.84%

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?

CompanyLast Price7D1YValuation
ENEV3 EnevaR$12.946.3%
EGIE3 Engie Brasil EnergiaR$39.402.9%
MEGA3 Omega EnergiaR$12.815.4%
AESB3 AES Brasil EnergiaR$11.313.8%
RNEW11 Renova EnergiaR$6.794.3%
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