Narrative Update • Jul 23
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- 7D3.0%
- 3M-1.3%
- 1Y42.5%
- YTD25.4%
In the last week, the Renewable Energy industry is up 3.0%, with RWE up 5.0%. This takes the industry's 12 month performance to a gain of 43%. As for the next few years, earnings are forecast to decline by 3.3% per annum.
Industry Valuation and Performance
Has the German Renewable Energy Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 27 Jul 2026 | €59.3b | €74.1b | €4.0b | 10.7x | 14.8x | 0.8x |
| Wed, 24 Jun 2026 | €58.5b | €74.1b | €4.0b | 11.5x | 14.6x | 0.8x |
| Fri, 22 May 2026 | €60.9b | €74.1b | €4.0b | 12.6x | 15.2x | 0.8x |
| Sun, 19 Apr 2026 | €56.5b | €80.1b | €4.5b | 11.9x | 12.4x | 0.7x |
| Tue, 17 Mar 2026 | €56.5b | €80.1b | €4.5b | 11.3x | 12.4x | 0.7x |
| Thu, 12 Feb 2026 | €53.3b | €88.5b | €2.2b | 17.9x | 23.9x | 0.6x |
| Sat, 10 Jan 2026 | €49.0b | €88.5b | €2.2b | 15.9x | 22x | 0.6x |
| Mon, 08 Dec 2025 | €45.3b | €88.5b | €2.2b | 14.3x | 20.3x | 0.5x |
| Wed, 05 Nov 2025 | €43.5b | €94.8b | €2.2b | 12.9x | 19.9x | 0.5x |
| Fri, 03 Oct 2025 | €43.2b | €94.8b | €2.2b | 12.6x | 19.8x | 0.5x |
| Sun, 31 Aug 2025 | €43.7b | €95.2b | €2.0b | 13.2x | 21.7x | 0.5x |
| Tue, 29 Jul 2025 | €45.1b | €95.7b | €3.7b | 15x | 12.1x | 0.5x |
| Thu, 26 Jun 2025 | €45.1b | €95.7b | €3.7b | 13x | 12.1x | 0.5x |
| Sat, 24 May 2025 | €43.7b | €95.7b | €3.7b | 94.1x | 11.7x | 0.5x |
| Mon, 21 Apr 2025 | €45.5b | €95.0b | €5.5b | 18.7x | 8.4x | 0.5x |
| Wed, 19 Mar 2025 | €47.3b | €94.2b | €3.1b | 19.5x | 15.1x | 0.5x |
| Fri, 14 Feb 2025 | €43.0b | €130.9b | €178.3m | 15.1x | 241x | 0.3x |
| Sun, 12 Jan 2025 | €42.5b | €130.9b | €178.3m | 15.6x | 238.5x | 0.3x |
| Tue, 10 Dec 2024 | €43.9b | €130.9b | €178.3m | 15.4x | 246.2x | 0.3x |
| Thu, 07 Nov 2024 | €44.0b | €140.2b | €865.7m | 17.5x | 50.8x | 0.3x |
| Sat, 05 Oct 2024 | €48.2b | €119.0b | €1.3b | 18.5x | 37.5x | 0.4x |
| Mon, 02 Sep 2024 | €45.8b | €119.0b | €1.3b | 18.1x | 35.5x | 0.4x |
| Wed, 31 Jul 2024 | €46.1b | €124.5b | €1.9b | 21.6x | 24.5x | 0.4x |
| Fri, 28 Jun 2024 | €47.2b | €124.5b | €1.9b | 22.6x | 25x | 0.4x |
| Sun, 26 May 2024 | €50.5b | €124.6b | €1.9b | 24.6x | 26.8x | 0.4x |
| Tue, 23 Apr 2024 | €48.9b | €143.6b | €7.9b | 20x | 6.2x | 0.3x |
| Thu, 21 Mar 2024 | €49.4b | €143.6b | €7.9b | 17.3x | 6.3x | 0.3x |
| Sat, 17 Feb 2024 | €50.0b | €170.4b | €39.9b | 18.1x | 1.3x | 0.3x |
| Mon, 15 Jan 2024 | €57.0b | €170.4b | €39.9b | 17.1x | 1.4x | 0.3x |
| Wed, 13 Dec 2023 | €67.0b | €170.4b | €39.9b | 15.7x | 1.7x | 0.4x |
| Fri, 10 Nov 2023 | €68.6b | €175.1b | €38.1b | 16.1x | 1.8x | 0.4x |
| Sun, 08 Oct 2023 | €70.4b | €247.8b | €9.7b | 16.9x | 7.2x | 0.3x |
| Tue, 05 Sep 2023 | €80.3b | €247.8b | €9.7b | 12.8x | 8.2x | 0.3x |
| Thu, 03 Aug 2023 | €87.0b | €280.6b | -€2,628,844,505.00 | 14.1x | -33.1x | 0.3x |
Price to Earnings Ratio
-33.1x
Current Industry PE
- Investors are pessimistic on the German Renewable Energy industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 14.8x which is lower than its 3-year average PE of 36.3x.
- The industry is trading close to its 3-year average PS ratio of 0.45x.
Past Earnings Growth
- Total earnings for the Renewable Energy industry have gone up over the last three years and the industry is now profitable.
- Revenues have declined 36% per year.
- This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the German Utilities industry?
| DE Market | 0.48% | |
| Utilities | 2.05% | |
| Renewable Energy | 3.04% | |
| Independent Power Producers and Energy Traders | 3.05% | |
| Renewable Energy | 0.61% | |
Industry PE
- Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 31.3%, which is higher than its past year's earnings decline of 20.0% per year.
- Investors are most pessimistic about the Independent Power Producers and Energy Traders industry, which is trading below its 3-year average of 33.7x.
Forecasted Growth
- Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 31% over the next 5 years.
- This is better than its past earnings decline of 20% per year.
- In contrast, the Independent Power Producers and Energy Traders industry is expected to see its earnings decline by 3.3% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| RWE RWE | €58.80 | 1.3% +€550.4m | 63.7% | PE17.6x | |
| ABO clearvise | €1.19 | 3.9% +€3.4m | -22.5% | PS2.4x |