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German (DAX) Renewable Energy Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies7
- 7D-2.6%
- 3M-3.7%
- 1Y-32.8%
- YTD-26.7%
Over the last 7 days, the Renewable Energy industry has risen 1.5%, driven by gains from Encavis of 0.4%. In contrast, the industry has lost 33% in the last 12 months. As for the next few years, earnings are expected to grow by 24% 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 |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | €43.5b | €130.9b | €178.3m | 14.7x | 244.2x | 0.3x |
| Sat, 19 Oct 2024 | €46.0b | €119.0b | €1.3b | 18.3x | 35.9x | 0.4x |
| Mon, 16 Sep 2024 | €45.4b | €119.0b | €1.3b | 18x | 35.1x | 0.4x |
| Wed, 14 Aug 2024 | €45.6b | €118.0b | -€391,848,400.00 | 18.8x | -116.3x | 0.4x |
| Fri, 12 Jul 2024 | €46.5b | €124.5b | €1.9b | 22.1x | 24.7x | 0.4x |
| Sun, 09 Jun 2024 | €50.4b | €124.6b | €1.9b | 24.7x | 26.7x | 0.4x |
| Tue, 07 May 2024 | €49.0b | €143.6b | €7.9b | 20.4x | 6.2x | 0.3x |
| Thu, 04 Apr 2024 | €48.1b | €143.6b | €7.8b | 20.3x | 6.1x | 0.3x |
| Sat, 02 Mar 2024 | €48.5b | €227.7b | €10.8b | 17x | 4.5x | 0.2x |
| Mon, 29 Jan 2024 | €52.6b | €170.4b | €39.9b | 16.5x | 1.3x | 0.3x |
| Wed, 27 Dec 2023 | €58.6b | €170.4b | €39.9b | 16.3x | 1.5x | 0.3x |
| Fri, 24 Nov 2023 | €64.4b | €170.4b | €39.9b | 16.5x | 1.6x | 0.4x |
| Sun, 22 Oct 2023 | €62.0b | €247.8b | €9.7b | 16x | 6.4x | 0.3x |
| Tue, 19 Sep 2023 | €76.8b | €247.8b | €9.7b | 12.6x | 7.9x | 0.3x |
| Thu, 17 Aug 2023 | €82.7b | €247.8b | €9.7b | 13x | 8.5x | 0.3x |
| Sat, 15 Jul 2023 | €75.1b | €280.6b | -€2,617,261,077.00 | 18.2x | -28.7x | 0.3x |
| Mon, 12 Jun 2023 | €81.0b | €280.6b | -€2,617,261,077.00 | 18.7x | -30.9x | 0.3x |
| Wed, 10 May 2023 | €67.8b | €279.2b | -€2,052,567,077.00 | 29.5x | -33x | 0.2x |
| Fri, 07 Apr 2023 | €65.6b | €313.4b | -€11,293,205,077.00 | 28.7x | -5.8x | 0.2x |
| Sun, 05 Mar 2023 | €28.6b | €275.0b | -€14,023,417,077.00 | 40.8x | -2x | 0.1x |
| Tue, 31 Jan 2023 | €4.3b | €739.8m | €131.6m | 45.9x | 32.4x | 5.8x |
| Thu, 29 Dec 2022 | €4.2b | €739.8m | €131.6m | 38.2x | 31.9x | 5.7x |
| Sat, 26 Nov 2022 | €4.3b | €739.8m | €131.6m | 34x | 32.7x | 5.8x |
| Mon, 24 Oct 2022 | €28.9b | €33.0b | €1.5b | 30.1x | 19.4x | 0.9x |
| Wed, 21 Sep 2022 | €31.7b | €33.0b | €1.5b | 38x | 21.4x | 1x |
| Fri, 19 Aug 2022 | €36.2b | €244.7b | -€6,611,581,219.00 | 41x | -5.5x | 0.1x |
| Sun, 17 Jul 2022 | €32.7b | €240.1b | -€5,986,471,219.00 | 38.9x | -5.5x | 0.1x |
| Tue, 14 Jun 2022 | €37.9b | €240.1b | -€5,990,995,805.00 | 34.5x | -6.3x | 0.2x |
| Thu, 12 May 2022 | €39.8b | €236.8b | -€7,275,413,805.00 | 37.3x | -5.5x | 0.2x |
| Sat, 09 Apr 2022 | €13.6b | €164.6b | -€4,080,496,805.00 | 45.3x | -3.3x | 0.08x |
| Mon, 07 Mar 2022 | €9.9b | €164.6b | -€4,114,040,805.00 | 55.4x | -2.4x | 0.06x |
| Wed, 02 Feb 2022 | €17.9b | €99.3b | -€4,764,040,805.00 | 52.8x | -3.8x | 0.2x |
| Fri, 31 Dec 2021 | €18.9b | €99.3b | -€4,764,040,805.00 | 59.1x | -4x | 0.2x |
| Sun, 28 Nov 2021 | €17.6b | €99.3b | -€4,764,040,805.00 | 62.2x | -3.7x | 0.2x |
Price to Earnings Ratio
-3.7x
Current Industry PE
- Investors are optimistic on the German Renewable Energy industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 248x which is higher than its 3-year average PE of 8.4x.
- The industry is trading close to its 3-year average PS ratio of 0.84x.
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 grown 9.6% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the German Utilities industry?
| DE Market | -0.41% | |
| Utilities | -1.98% | |
| Renewable Energy | -2.65% | |
| Renewable Energy | 0.54% | |
| Independent Power Producers and Energy Traders | -2.88% | |
Industry PE
- Investors are most optimistic about the Independent Power Producers and Energy Traders industry which is trading above its 3-year average PE ratio of 9.1x.
- Analysts are expecting annual earnings growth of 21.5%, which is higher than its past year's earnings decline of 5.9% per year.
Forecasted Growth
- Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 58% over the next 5 years.
- This is better than its past earnings decline of 68% per year.
- In contrast, the Independent Power Producers and Energy Traders industry is expected to see its earnings grow by 21% 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 | |
|---|---|---|---|---|---|
| ECV Encavis | €17.02 | 0.7% +€17.8m | 28.3% | PS6x | |
| TION Tion Renewables | €31.40 | 3.3% +€4.7m | 9.8% | PS4.4x | |
| HRPK 7C Solarparken | €1.96 | 1.2% +€2.0m | -40.7% | PE63.6x |
