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Brazilian (BOVESPA) Renewable Energy Industry Analysis

UpdatedJul 26, 2024
DataAggregated Company Financials
Companies7
  • 7D-1.6%
  • 3M6.1%
  • 1Y-6.2%
  • YTD-4.8%

Over the last 7 days, the Renewable Energy industry has dropped 2.7%, driven by a pullback from Engie Brasil Energia of 3.8%. The industry has fallen 5.6% in the last year. Looking forward, earnings are forecast to grow by 27% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Jul 2024R$82.7bR$33.7bR$4.3b15.1x19.3x2.5x
Sun, 23 Jun 2024R$82.4bR$33.7bR$4.3b15x19.2x2.4x
Tue, 21 May 2024R$82.9bR$33.7bR$4.3b16.3x19.3x2.5x
Thu, 18 Apr 2024R$77.6bR$34.3bR$3.7b41.4x21.2x2.3x
Sat, 16 Mar 2024R$80.2bR$34.3bR$4.3b32.5x18.7x2.3x
Mon, 12 Feb 2024R$81.3bR$33.8bR$4.3b31.4x19x2.4x
Wed, 10 Jan 2024R$87.2bR$33.6bR$6.6b23.4x13.2x2.6x
Fri, 08 Dec 2023R$85.6bR$33.6bR$6.6b23.7x12.9x2.5x
Sun, 05 Nov 2023R$79.5bR$32.9bR$7.9b28.2x10.1x2.4x
Tue, 03 Oct 2023R$82.1bR$32.7bR$7.8b19.9x10.5x2.5x
Thu, 31 Aug 2023R$84.6bR$32.7bR$7.8b20.3x10.8x2.6x
Sat, 29 Jul 2023R$87.7bR$31.6bR$7.2b40x12.2x2.8x
Mon, 26 Jun 2023R$89.3bR$31.6bR$7.2b39.9x12.4x2.8x
Wed, 24 May 2023R$83.1bR$31.6bR$7.2b36.9x11.5x2.6x
Fri, 21 Apr 2023R$81.4bR$29.6bR$6.7b23x12.1x2.8x
Sun, 19 Mar 2023R$79.1bR$28.9bR$6.8b13.9x11.6x2.7x
Tue, 14 Feb 2023R$78.9bR$26.1bR$4.2b17.1x19x3x
Thu, 12 Jan 2023R$80.8bR$26.1bR$4.2b18x19.4x3.1x
Sat, 10 Dec 2022R$78.6bR$26.1bR$4.2b17.5x18.9x3x
Mon, 07 Nov 2022R$84.7bR$26.2bR$3.9b19x21.5x3.2x
Wed, 05 Oct 2022R$81.5bR$25.2bR$4.2b16.2x19.5x3.2x
Fri, 02 Sep 2022R$86.2bR$25.2bR$4.2b15.8x20.6x3.4x
Sun, 31 Jul 2022R$87.8bR$24.0bR$4.0b16.8x22x3.7x
Tue, 28 Jun 2022R$78.7bR$24.0bR$4.0b14.8x19.7x3.3x
Thu, 26 May 2022R$82.9bR$24.0bR$4.0b14.6x20.7x3.5x
Sat, 23 Apr 2022R$105.9bR$25.2bR$6.0b14.4x17.6x4.2x
Mon, 21 Mar 2022R$78.7bR$25.2bR$6.1b12.8x12.9x3.1x
Wed, 16 Feb 2022R$77.2bR$25.7bR$5.9b12.6x13x3x
Fri, 14 Jan 2022R$74.8bR$25.7bR$5.9b11.2x12.6x2.9x
Sun, 12 Dec 2021R$72.7bR$24.1bR$6.1b12.7x11.9x3x
Tue, 09 Nov 2021R$75.8bR$22.5bR$5.6b13.7x13.5x3.4x
Thu, 07 Oct 2021R$73.3bR$22.3bR$5.2b12.9x14x3.3x
Sat, 04 Sep 2021R$77.0bR$22.3bR$5.2b13.5x14.7x3.5x
Mon, 02 Aug 2021R$77.6bR$22.3bR$5.2b13.4x14.8x3.5x
Price to Earnings Ratio

14.8x


Total Market Cap: R$77.6bTotal Earnings: R$5.2bTotal Revenue: R$22.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Renewable Energy Industry Price to Earnings3Y Average 15.6x202220232024
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 19.3x which is higher than its 3-year average PE of 15.6x.
  • The 3-year average PS ratio of 2.9x is higher than the industry's current PS ratio of 2.5x.
Past Earnings Growth
  • The earnings for companies in the Renewable Energy industry have declined 6.4% per year over the last three years.
  • Meanwhile revenues for these companies have grown 15% 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 decreased profits.

Industry Trends

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

BR Market-1.37%
Utilities0.062%
Renewable Energy-1.62%
Independent Power Producers and Energy Traders1.43%
Renewable Energy-2.57%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry, which is trading close to its 3-year average PE ratio of 14.3x.
    • Analysts are expecting annual earnings growth of 16.4%, which is lower than the prior year's growth of 99.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Independent Power Producers and Energy Traders industry, expecting annual earnings growth of 58% over the next 5 years.
  • In contrast, the Renewable Energy industry is expected to see its earnings grow by 16% 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$12.741.4%
+R$285.0m		-1.8%PS2.1x
AESB3 AES Brasil EnergiaR$11.390.2%
+R$12.0m		-2.5%PE496.8x
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Latest News

AURE3

R$12.04

Auren Energia

7D

-2.5%

1Y

-14.0%

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SRNA3

R$8.61

Serena Energia

7D

-2.5%

1Y

-23.4%

Broker Revenue Forecasts For Serena Energia S.A. (BVMF:SRNA3) Are Surging Higher

Jul 23
Broker Revenue Forecasts For Serena Energia S.A. (BVMF:SRNA3) Are Surging Higher

EGIE3

R$44.17

Engie Brasil Energia

7D

-3.1%

1Y

-0.7%

Engie Brasil Energia S.A. (BVMF:EGIE3) Investors Are Less Pessimistic Than Expected

Jul 12
Engie Brasil Energia S.A. (BVMF:EGIE3) Investors Are Less Pessimistic Than Expected

AESB3

R$11.39

AES Brasil Energia

7D

0.2%

1Y

-2.5%

RNEW11

R$2.67

Renova Energia

7D

-4.0%

1Y

-42.8%

ENEV3

R$12.74

Eneva

7D

1.4%

1Y

-1.8%