German (DAX) Renewable Energy Industry Analysis
UpdatedJun 01, 2023
DataAggregated Company Financials
Companies8
- 7D24.8%
- 3M47.7%
- 1Y-63.4%
- YTD37.2%
Over the last 7 days, the Renewable Energy industry has risen 14%, driven by gains from Uniper of 33%. However, the industry is down 67% over the past year. As for the next few years, earnings are expected to grow by 34% 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, 01 Jun 2023 | €83.9b | €280.6b | -€2,617,261,077.00 | 20.1x | -32.1x | 0.3x |
| Sat, 29 Apr 2023 | €67.5b | €313.4b | -€11,293,205,077.00 | 27.2x | -6x | 0.2x |
| Mon, 27 Mar 2023 | €58.4b | €313.4b | -€11,298,760,077.00 | 28x | -5.2x | 0.2x |
| Wed, 22 Feb 2023 | €28.7b | €421.4b | -€14,023,417,077.00 | 47.6x | -2x | 0.07x |
| Fri, 20 Jan 2023 | €4.1b | €739.8m | €131.6m | 43x | 31x | 5.5x |
| Sun, 18 Dec 2022 | €4.3b | €739.8m | €131.6m | 37.7x | 32.6x | 5.8x |
| Tue, 15 Nov 2022 | €4.4b | €708.2m | €122.4m | 38.8x | 35.8x | 6.2x |
| Thu, 13 Oct 2022 | €28.9b | €33.0b | €1.5b | 29.1x | 19.4x | 0.9x |
| Sat, 10 Sep 2022 | €32.8b | €33.0b | €1.5b | 41.8x | 22.1x | 1x |
| Mon, 08 Aug 2022 | €35.2b | €240.1b | -€5,986,471,219.00 | 40.9x | -5.9x | 0.1x |
| Wed, 06 Jul 2022 | €31.8b | €240.1b | -€5,986,471,219.00 | 36.5x | -5.3x | 0.1x |
| Fri, 03 Jun 2022 | €40.5b | €240.1b | -€5,990,995,805.00 | 37.2x | -6.8x | 0.2x |
| Sun, 01 May 2022 | €13.5b | €164.6b | -€4,075,413,805.00 | 42.1x | -3.3x | 0.08x |
| Tue, 29 Mar 2022 | €12.8b | €164.6b | -€4,113,553,805.00 | 68.6x | -3.1x | 0.08x |
| Thu, 24 Feb 2022 | €16.4b | €99.3b | -€4,764,040,805.00 | 47.6x | -3.4x | 0.2x |
| Sat, 22 Jan 2022 | €17.8b | €99.3b | -€4,764,040,805.00 | 53.5x | -3.7x | 0.2x |
| Mon, 20 Dec 2021 | €18.5b | €99.3b | -€4,764,040,805.00 | 58.8x | -3.9x | 0.2x |
| Wed, 17 Nov 2021 | €18.0b | €99.3b | -€4,771,460,805.00 | 69.2x | -3.8x | 0.2x |
| Fri, 15 Oct 2021 | €17.0b | €73.1b | -€263,460,805.00 | 60.3x | -64.5x | 0.2x |
| Sun, 12 Sep 2021 | €16.1b | €73.1b | -€263,227,277.00 | 53.2x | -61.2x | 0.2x |
| Tue, 10 Aug 2021 | €15.4b | €73.1b | -€263,186,654.00 | 49.6x | -58.7x | 0.2x |
| Mon, 03 May 2021 | €14.3b | €59.9b | €755.1m | 53.5x | 18.9x | 0.2x |
| Thu, 04 Feb 2021 | €14.7b | €51.6b | €423.9m | 51.8x | 34.6x | 0.3x |
| Sun, 08 Nov 2020 | €12.4b | €50.4b | €87.6m | 63x | 141.6x | 0.2x |
| Sat, 01 Aug 2020 | €13.1b | €52.6b | €415.7m | 28.7x | 31.5x | 0.2x |
Price to Earnings Ratio
31.1x
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 close to its 3-year average PS ratio of 0.80x.
Past Earnings Growth
- Total earnings for the Renewable Energy industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 69% 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 Trends
Which industries have driven the changes within the German Utilities industry?
| DE Market | -0.13% | |
| Utilities | 13.07% | |
| Renewable Energy | 24.79% | |
| Independent Power Producers and Energy Traders | 26.15% | |
| Renewable Energy | -2.80% | |
Industry PE
- Investors are most optimistic about the Renewable Energy industry even though it's trading below its 3-year average PE ratio of 97.9x.
- Analysts are expecting annual earnings growth of 0.6%, which is lower than the prior year's growth of 60.0% per year.
Forecasted Growth
- Analysts are most optimistic on the Independent Power Producers and Energy Traders industry, expecting annual earnings growth of 35% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Renewable Energy industry is expected to see its earnings growth to stay flat 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 | |
|---|---|---|---|---|---|
| UN01 Uniper | €6.14 | 52.8% +€17.7b | -73.7% | PS0.2x | |
| ABO clearvise | €2.37 | 0.4% +€753.6k | 1.3% | PE15.4x | |
| CV3 Carpevigo Holding | €0.75 | 4.2% +€165.3k | 1.4% | PE28.1x |