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German (DAX) Renewable Energy Industry Analysis

UpdatedJun 18, 2024
DataAggregated Company Financials
Companies8
  • 7D-2.2%
  • 3M0.4%
  • 1Y-37.9%
  • YTD-17.3%

Over the last 7 days, the Renewable Energy industry has dropped 2.2%, driven by RWE declining 1.9%. However, the industry is down 38% over the past year. Looking forward, earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 18 Jun 2024€49.2b€124.5b€1.9b24x26.1x0.4x
Thu, 16 May 2024€52.4b€127.4b€1.6b24.8x33.2x0.4x
Sat, 13 Apr 2024€49.3b€143.6b€7.8b19.7x6.3x0.3x
Mon, 11 Mar 2024€50.1b€141.1b€10.8b16.7x4.6x0.4x
Wed, 07 Feb 2024€52.4b€170.4b€39.9b16.9x1.3x0.3x
Fri, 05 Jan 2024€58.3b€170.4b€39.9b16x1.5x0.3x
Sun, 03 Dec 2023€64.2b€170.4b€39.9b16.6x1.6x0.4x
Tue, 31 Oct 2023€66.4b€247.8b€9.7b16.2x6.8x0.3x
Thu, 28 Sep 2023€70.7b€247.8b€9.7b14.3x7.3x0.3x
Sat, 26 Aug 2023€83.2b€247.8b€9.7b12.6x8.5x0.3x
Mon, 24 Jul 2023€75.3b€280.6b-€2,617,261,077.0017.8x-28.8x0.3x
Wed, 21 Jun 2023€77.9b€280.6b-€2,617,261,077.0019.1x-29.8x0.3x
Fri, 19 May 2023€66.7b€280.6b-€2,620,567,077.0028.7x-25.5x0.2x
Sun, 16 Apr 2023€66.9b€313.4b-€11,293,205,077.0027.8x-5.9x0.2x
Tue, 14 Mar 2023€33.7b€275.0b-€14,023,417,077.0038.7x-2.4x0.1x
Thu, 09 Feb 2023€4.5b€739.8m€131.6m51x34.4x6.1x
Sat, 07 Jan 2023€4.2b€739.8m€131.6m41.1x32x5.7x
Mon, 05 Dec 2022€4.3b€739.8m€131.6m34.6x33x5.9x
Wed, 02 Nov 2022€30.8b€33.0b€1.5b31.3x20.7x0.9x
Fri, 30 Sep 2022€29.8b€33.0b€1.5b28.8x20x0.9x
Sun, 28 Aug 2022€32.8b€33.0b€1.5b41.7x22.2x1x
Tue, 26 Jul 2022€32.3b€240.1b-€5,986,471,219.0038.6x-5.4x0.1x
Thu, 23 Jun 2022€37.1b€240.1b-€5,990,995,805.0034.1x-6.2x0.2x
Sat, 21 May 2022€42.4b€240.1b-€5,990,995,805.0035.1x-7.1x0.2x
Mon, 18 Apr 2022€13.0b€164.6b-€4,075,413,805.0043.4x-3.2x0.08x
Wed, 16 Mar 2022€11.8b€164.6b-€4,114,040,805.0066.1x-2.9x0.07x
Fri, 11 Feb 2022€17.8b€99.3b-€4,764,040,805.0051.1x-3.7x0.2x
Sun, 09 Jan 2022€18.2b€99.3b-€4,764,040,805.0054.2x-3.8x0.2x
Tue, 07 Dec 2021€18.0b€99.3b-€4,764,040,805.0058.9x-3.8x0.2x
Thu, 04 Nov 2021€18.3b€73.1b-€263,460,805.0067.4x-69.4x0.3x
Sat, 02 Oct 2021€16.6b€73.1b-€263,460,805.0059.9x-63x0.2x
Mon, 30 Aug 2021€15.7b€73.1b-€263,186,654.0055.3x-59.5x0.2x
Tue, 06 Jul 2021€14.5b€73.1b-€263,186,654.0051.6x-55.2x0.2x
Price to Earnings Ratio

-55.2x


Total Market Cap: €14.5bTotal Earnings: -€263,186,654.00Total Revenue: €73.1bTotal Market Cap vs Earnings and Revenue0%0%0%
German Renewable Energy Industry Price to Earnings3Y Average -4.4x202220232024
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 26.1x which is higher than its 3-year average PE of -4.4x.
  • The industry is trading close to its 3-year average PS ratio of 0.82x.
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 19% 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-2.67%
Utilities-0.51%
Renewable Energy-2.25%
Renewable Energy-0.38%
Independent Power Producers and Energy Traders-2.37%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 47.1x.
    • Analysts are expecting annual earnings growth of 20.7%, which is higher than its past year's earnings decline of 57.1% per year.
  • Investors are most pessimistic about the Independent Power Producers and Energy Traders industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 21% over the next 5 years.
  • This is better than its past earnings decline of 57% per year.
  • In contrast, the Independent Power Producers and Energy Traders industry is expected to see its earnings grow by 17% 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
TION Tion Renewables€31.403.3%
+€4.7m
9.8%PS4.4x
XX1 Abo Kraft & Wärme€1.215.2%
+€1.5m
n/an/a
ABO clearvise€2.120.5%
+€753.6k
-11.3%PE23.4x
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Latest News

ABO

€2.12

clearvise

7D

0.5%

1Y

-11.3%

HRPK

€3.00

7C Solarparken

7D

-1.8%

1Y

-20.9%

NH2

€0.13

Asian Energy Impact Trust

7D

-20.8%

1Y

n/a

UN0

€50.22

Uniper

7D

-1.3%

1Y

-52.9%

AB9

€51.80

ABO Wind

7D

-5.8%

1Y

-14.5%

ECV

€17.05

Encavis

7D

-0.06%

1Y

8.7%

TION

€31.40

Tion Renewables

7D

3.3%

1Y

9.8%

XX1

€1.21

Abo Kraft & Wärme

7D

5.2%

1Y

n/a