German (DAX) Renewable Energy Industry Analysis
UpdatedNov 27, 2023
DataAggregated Company Financials
Companies6
- 7D-2.9%
- 3M-8.1%
- 1Y-29.5%
- YTD-25.7%
Over the last 7 days, the Renewable Energy industry has dropped 2.9%, driven by a pullback from Encavis of 4.1%. Overall the industry is down 30% in 12 months. As for the next few years, earnings are expected to grow by 11% 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 Nov 2023 | €2.7b | €660.0m | €79.1m | 20.7x | 34.4x | 4.1x |
| Wed, 25 Oct 2023 | €2.5b | €660.3m | €78.8m | 19x | 31.1x | 3.7x |
| Fri, 22 Sep 2023 | €2.7b | €665.7m | €82.9m | 15.8x | 32.8x | 4.1x |
| Sun, 20 Aug 2023 | €2.7b | €670.6m | €88.8m | 13.6x | 30.7x | 4.1x |
| Tue, 18 Jul 2023 | €3.0b | €676.1m | €109.1m | 24.2x | 27.5x | 4.4x |
| Thu, 15 Jun 2023 | €3.2b | €676.1m | €109.1m | 25.4x | 29.2x | 4.7x |
| Sat, 13 May 2023 | €3.2b | €650.0m | €105.8m | 54.7x | 30.2x | 4.9x |
| Mon, 10 Apr 2023 | €3.1b | €591.0m | €120.2m | 49.7x | 26.1x | 5.3x |
| Wed, 08 Mar 2023 | €3.4b | €576.4m | €114.6m | 51.8x | 29.3x | 5.8x |
| Fri, 03 Feb 2023 | €3.6b | €576.4m | €114.6m | 51.6x | 31.7x | 6.3x |
| Sun, 01 Jan 2023 | €3.6b | €576.4m | €114.6m | 46x | 31.3x | 6.2x |
| Tue, 29 Nov 2022 | €3.7b | €576.4m | €114.6m | 46.9x | 32.6x | 6.5x |
| Thu, 27 Oct 2022 | €3.7b | €534.4m | €101.6m | 36.5x | 36.2x | 6.9x |
| Sat, 24 Sep 2022 | €3.7b | €508.0m | €92.6m | 36.4x | 39.5x | 7.2x |
| Mon, 22 Aug 2022 | €4.3b | €508.0m | €92.6m | 42.7x | 46.1x | 8.4x |
| Wed, 20 Jul 2022 | €3.8b | €475.2m | €97.7m | 40x | 39.1x | 8x |
| Fri, 17 Jun 2022 | €3.5b | €469.7m | €93.2m | 33.8x | 37.1x | 7.4x |
| Sun, 15 May 2022 | €3.6b | €461.0m | €92.3m | 34x | 39.1x | 7.8x |
| Tue, 12 Apr 2022 | €3.9b | €434.7m | €74.7m | 58.5x | 51.7x | 8.9x |
| Thu, 10 Mar 2022 | €3.3b | €419.1m | €41.6m | 67.8x | 79.4x | 7.9x |
| Sat, 05 Feb 2022 | €2.7b | €419.1m | €41.6m | 59x | 64.4x | 6.4x |
| Mon, 03 Jan 2022 | €3.1b | €419.1m | €41.6m | 64.3x | 73.6x | 7.3x |
| Wed, 01 Dec 2021 | €3.2b | €419.1m | €41.6m | 64.8x | 76.4x | 7.6x |
| Fri, 29 Oct 2021 | €3.4b | €400.1m | €34.2m | 75.5x | 100.6x | 8.6x |
| Sun, 26 Sep 2021 | €2.9b | €398.1m | €34.7m | 61x | 83.6x | 7.3x |
| Tue, 24 Aug 2021 | €2.8b | €398.1m | €34.7m | 58.7x | 79.4x | 6.9x |
| Wed, 30 Jun 2021 | €2.7b | €398.1m | €34.7m | 57.4x | 79.2x | 6.9x |
| Sat, 03 Apr 2021 | €2.7b | €379.8m | €14.0m | 183.6x | 195.6x | 7.2x |
| Tue, 05 Jan 2021 | €3.5b | €400.7m | €14.0m | 56.6x | 250.2x | 8.7x |
Price to Earnings Ratio
242.9x
Current Industry PE
- Investors are pessimistic on the German Renewable Electricity 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 34.4x which is lower than its 3-year average PE of 81.4x.
- The 3-year average PS ratio of 6.7x is higher than the industry's current PS ratio of 4.1x.
Past Earnings Growth
- The earnings for companies in the Renewable Electricity industry have grown 87% per year over the last three years.
- Revenues for these companies have grown 19% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does German Renewable Energy compare with similar industries?
| DE Market | 0.02% | |
| Utilities | -2.10% | |
| Renewable Energy | -3.97% | |
| Renewable Energy | -2.90% | |
| Independent Power Producers and Energy Traders | -4.02% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| HRPK 7C Solarparken | €3.44 | 4.1% +€11.2m | -23.2% | PE16.2x | |
| ABO clearvise | €2.10 | 2.9% +€4.5m | -12.5% | PE21x | |
| XX1 Abo Kraft & Wärme | €1.28 | 7.6% +€2.2m | n/a | n/a |