Narrative Update • May 31

Over the last 7 days, the Renewable Energy industry has risen 1.3%, driven by gains from Engie Brasil Energia of 3.0%. In the last 12 months, the industry was up 18%. As for the next few years, earnings are expected to grow by 30% per annum.
Has the Brazilian Renewable Energy Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 08 Jun 2026 | R$54.2b | R$27.6b | R$996.8m | 15x | 54.4x | 2x |
| Wed, 06 May 2026 | R$57.0b | R$27.2b | R$2.1b | 10.1x | 27.5x | 2.1x |
| Fri, 03 Apr 2026 | R$54.7b | R$27.1b | R$2.1b | 9.7x | 26.5x | 2x |
| Sun, 01 Mar 2026 | R$54.6b | R$26.5b | R$1.4b | 10.2x | 40.2x | 2.1x |
| Tue, 27 Jan 2026 | R$54.0b | R$26.3b | R$1.8b | 9.2x | 29.8x | 2.1x |
| Thu, 25 Dec 2025 | R$51.5b | R$26.3b | R$1.8b | 8.2x | 28.4x | 2x |
| Sat, 22 Nov 2025 | R$58.3b | R$32.6b | R$1.9b | 11.5x | 31.3x | 1.8x |
| Mon, 20 Oct 2025 | R$55.3b | R$29.3b | R$2.3b | 19.7x | 23.8x | 1.9x |
| Wed, 17 Sep 2025 | R$55.3b | R$29.3b | R$2.3b | 15.2x | 23.8x | 1.9x |
| Fri, 15 Aug 2025 | R$52.8b | R$28.5b | R$2.3b | 16.1x | 23.3x | 1.9x |
| Sun, 13 Jul 2025 | R$53.7b | R$26.7b | R$3.3b | 572.1x | 16.1x | 2x |
| Tue, 10 Jun 2025 | R$52.3b | R$26.7b | R$3.3b | 565.7x | 15.7x | 2x |
| Thu, 08 May 2025 | R$50.0b | R$24.3b | R$4.8b | 21.2x | 10.5x | 2.1x |
| Sat, 05 Apr 2025 | R$47.8b | R$24.3b | R$4.8b | 20.8x | 10x | 2x |
| Mon, 03 Mar 2025 | R$45.7b | R$24.2b | R$5.0b | 10.8x | 9.1x | 1.9x |
| Wed, 29 Jan 2025 | R$43.6b | R$21.6b | R$5.3b | 10.8x | 8.2x | 2x |
| Fri, 27 Dec 2024 | R$43.4b | R$21.6b | R$5.3b | 10.5x | 8.2x | 2x |
| Sun, 24 Nov 2024 | R$48.3b | R$21.6b | R$5.3b | 10.1x | 9.1x | 2.2x |
| Tue, 22 Oct 2024 | R$58.6b | R$24.5b | R$4.3b | 10.1x | 13.6x | 2.4x |
| Thu, 19 Sep 2024 | R$61.9b | R$24.5b | R$4.3b | 9.7x | 14.4x | 2.5x |
| Sat, 17 Aug 2024 | R$63.7b | R$24.5b | R$4.3b | 9.5x | 14.8x | 2.6x |
| Mon, 15 Jul 2024 | R$65.6b | R$24.0b | R$4.4b | 16.3x | 15x | 2.7x |
| Wed, 12 Jun 2024 | R$62.1b | R$24.0b | R$4.4b | 15.5x | 14.2x | 2.6x |
| Fri, 10 May 2024 | R$61.1b | R$24.0b | R$4.2b | 50.4x | 14.7x | 2.5x |
| Sun, 07 Apr 2024 | R$60.6b | R$24.2b | R$3.4b | 31.9x | 17.6x | 2.5x |
| Tue, 05 Mar 2024 | R$59.8b | R$24.2b | R$4.0b | 28.5x | 14.9x | 2.5x |
| Thu, 01 Feb 2024 | R$60.7b | R$23.9b | R$6.3b | 16.2x | 9.6x | 2.5x |
| Sat, 30 Dec 2023 | R$66.6b | R$23.9b | R$6.3b | 17.3x | 10.5x | 2.8x |
| Mon, 27 Nov 2023 | R$64.8b | R$23.9b | R$6.3b | 17.2x | 10.3x | 2.7x |
| Wed, 25 Oct 2023 | R$61.1b | R$23.7b | R$7.2b | 10.3x | 8.5x | 2.6x |
| Fri, 22 Sep 2023 | R$65.0b | R$23.7b | R$7.2b | 10.8x | 9x | 2.7x |
| Sun, 20 Aug 2023 | R$63.3b | R$23.7b | R$7.2b | 10.5x | 8.8x | 2.7x |
| Tue, 18 Jul 2023 | R$67.5b | R$23.8b | R$6.8b | 26.8x | 9.9x | 2.8x |
| Thu, 15 Jun 2023 | R$67.9b | R$23.8b | R$6.8b | 25.6x | 10x | 2.9x |
10x
How does Brazilian Renewable Energy compare with similar industries?
| BR Market | -2.80% | |
| Utilities | -1.26% | |
| Renewable Energy | -3.14% | |
| Renewable Energy | 0.16% | |
| Independent Power Producers and Energy Traders | -6.79% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| EGIE3 Engie Brasil Energia | R$33.73 | 1.9% +R$719.6m | 16.3% | PE15x | |
| RNEW3 Renova Energia | R$0.92 | 1.1% +R$3.7m | -29.2% | PS0.6x |