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Canadian (TSX) Renewable Energy Industry Analysis

UpdatedMay 28, 2022
DataAggregated Company Financials
Companies17
  • 7D1.5%
  • 3M5.0%
  • 1Y-4.7%
  • YTD3.9%

In the last week, the Renewable Energy industry is up 3.2%, with Brookfield Renewable up 2.2%. However, the industry is down 6.2% over the past year. Earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Sat, 28 May 2022CA$61.8bCA$14.4bCA$91.4m36.2x
Mon, 25 Apr 2022CA$61.7bCA$13.9bCA$927.9m43.4x
Wed, 23 Mar 2022CA$66.8bCA$13.8bCA$937.2m43.7x
Fri, 18 Feb 2022CA$57.3bCA$13.7bCA$829.5m21.6x
Sun, 16 Jan 2022CA$54.1bCA$13.3b-CA$1,244,953,115.0029.4x
Tue, 14 Dec 2021CA$57.5bCA$13.5b-CA$1,264,426,661.0033.3x
Thu, 11 Nov 2021CA$63.8bCA$13.3b-CA$1,111,483,639.0022.2x
Sat, 09 Oct 2021CA$60.5bCA$13.0b-CA$3,026,748,199.0011.9x
Mon, 06 Sep 2021CA$68.7bCA$12.9b-CA$3,006,440,503.5111.4x
Wed, 04 Aug 2021CA$66.1bCA$12.9b-CA$3,028,979,415.7627.6x
Sat, 08 May 2021CA$64.7bCA$12.9b-CA$3,778,803,982.3225x
Tue, 09 Feb 2021CA$79.5bCA$13.0b-CA$3,309,883,529.6019.7x
Mon, 02 Nov 2020CA$65.9bCA$13.3b-CA$1,455,088,473.1523.7x
Thu, 06 Aug 2020CA$49.5bCA$13.5bCA$406.3m20.2x
Sun, 10 May 2020CA$32.4bCA$9.8bCA$257.8m16x
Sat, 01 Feb 2020CA$31.9bCA$8.8bCA$340.3m21.6x
Tue, 05 Nov 2019CA$27.1bCA$8.5bCA$698.5m18.2x
Fri, 09 Aug 2019CA$24.1bCA$8.1bCA$621.1m17.1x
Median PE Ratio

14.5x


Total Market Cap: CA$22.8bTotal Earnings: CA$682.4mTotal Revenue: CA$7.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Renewable Energy Industry Median PE3Y Average 22.3x202020212022
Current Industry PE
  • Investors are optimistic on the industry, and appear confident in long-term growth rates.
  • The industry is trading at a PE ratio of 36.2x which is higher than its 3-year average PE of 22.3x.
Past Earnings Growth
  • The earnings for companies in the Renewable Electricity industry have declined 49% per year over the last three years.
  • Meanwhile revenues for these companies have grown 26% 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 Comparison

How does Canadian Renewable Energy compare with similar industries?

CA Market2.76%
Utilities0.23%
Renewable Energy1.35%
Renewable Energy1.50%
Independent Power Producers and Energy Traders0.38%
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
BEPC Brookfield RenewableCA$47.982.2%
+CA$376.3m
-7.0%PS3.8x
BLX BoralexCA$40.772.4%
+CA$99.6m
10.7%PS135.1x
ARR Altius Renewable RoyaltiesCA$9.252.1%
+CA$5.0m
-1.1%PB1.2x
JPWR.UN Jade Power TrustCA$2.568.9%
+CA$4.7m
21.9%PS15.5x
PIF Polaris InfrastructureCA$20.111.1%
+CA$4.3m
13.0%PS78.5x
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Latest News

BLX

CA$40.77

Boralex

7D

2.4%

1Y

10.7%