Estonia (OMX) Renewable Energy Industry Analysis
UpdatedMay 10, 2024
DataAggregated Company Financials
Companies1
- 7D-1.7%
- 3M-9.5%
- 1Y-33.8%
- YTD-9.9%
In the last week, Renewable Energy has been flat. Unfortunately though, the industry is down 31% over the past 12 months. Looking forward, earnings are forecast to grow by 10% annually.
Industry Valuation and Performance
Has the Estonia Renewable Energy Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 10 May 2024 | €845.7m | €218.4m | €58.7m | 14.4x | 14.4x | 3.9x |
| Sun, 07 Apr 2024 | €843.0m | €227.0m | €55.8m | 15.1x | 15.1x | 3.7x |
| Tue, 05 Mar 2024 | €872.1m | €243.3m | €72.1m | 12.1x | 12.1x | 3.6x |
| Thu, 01 Feb 2024 | €929.7m | €243.3m | €72.1m | 12.9x | 12.9x | 3.8x |
| Sat, 30 Dec 2023 | €939.8m | €243.3m | €72.1m | 13x | 13x | 3.9x |
| Mon, 27 Nov 2023 | €931.3m | €246.0m | €72.1m | 12.9x | 12.9x | 3.8x |
| Wed, 25 Oct 2023 | €1.0b | €259.9m | €90.0m | 11.3x | 11.2x | 3.9x |
| Fri, 22 Sep 2023 | €1.1b | €259.9m | €90.0m | 11.7x | 11.8x | 4.1x |
| Sun, 20 Aug 2023 | €1.1b | €259.9m | €90.0m | 11.7x | 11.7x | 4x |
| Tue, 18 Jul 2023 | €1.1b | €267.0m | €105.8m | 10.7x | 10.9x | 4.3x |
| Thu, 15 Jun 2023 | €1.2b | €267.0m | €105.8m | 11.1x | 11.1x | 4.4x |
| Sat, 13 May 2023 | €1.3b | €267.0m | €105.8m | 12.1x | 12.1x | 4.8x |
| Mon, 10 Apr 2023 | €1.2b | €256.5m | €110.2m | 11.2x | 11.2x | 4.8x |
| Wed, 08 Mar 2023 | €1.2b | €257.0m | €110.2m | 10.7x | 10.7x | 4.6x |
| Fri, 03 Feb 2023 | €1.2b | €242.5m | €114.2m | 10.1x | 10.1x | 4.8x |
| Sun, 01 Jan 2023 | €1.2b | €242.5m | €114.2m | 10.1x | 10.1x | 4.8x |
| Tue, 29 Nov 2022 | €1.1b | €242.5m | €114.2m | 9.8x | 9.8x | 4.6x |
| Thu, 27 Oct 2022 | €1.1b | €218.6m | €106.5m | 10.5x | 10.4x | 5.1x |
| Sat, 24 Sep 2022 | €1.1b | €218.6m | €106.5m | 10.1x | 10.2x | 4.9x |
| Mon, 22 Aug 2022 | €1.2b | €218.6m | €106.5m | 11.5x | 11.5x | 5.6x |
| Wed, 20 Jul 2022 | €1.0b | €207.6m | €99.0m | 10.6x | 10.6x | 5.1x |
| Fri, 17 Jun 2022 | €1.0b | €207.6m | €99.0m | 10.1x | 10.2x | 4.9x |
| Sun, 15 May 2022 | €1.0b | €207.6m | €99.0m | 10.4x | 10.4x | 4.9x |
| Tue, 12 Apr 2022 | €1.0b | €153.0m | €79.7m | 13.2x | 13.2x | 6.9x |
| Thu, 10 Mar 2022 | €973.1m | €153.0m | €79.7m | 12.2x | 12.2x | 6.4x |
| Sat, 05 Feb 2022 | €1.0b | €143.9m | €56.6m | 18.2x | 18.2x | 7.2x |
| Mon, 03 Jan 2022 | €1.1b | €143.9m | €56.6m | 18.9x | 18.9x | 7.4x |
| Wed, 01 Dec 2021 | €1.1b | €143.9m | €56.6m | 18.6x | 18.6x | 7.3x |
| Fri, 29 Oct 2021 | €876.1m | €0 | €0 | n/a | n/a | n/a |
Price to Earnings Ratio
n/a
Current Industry PE
- There is only one company in the Estonian Renewable Energy industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings GrowthThere is insufficient data in this particular industry to determine past growth rates.
Industry Trends
Which industries have driven the changes within the Estonia Utilities industry?
| EE Market | 0.32% | |
| Utilities | 1.43% | |
| Renewable Energy | -1.66% | |
| Independent Power Producers and Energy Traders | 0% | |
| Renewable Energy | -1.66% | |
Industry PE
- Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 12.3x.
- Analysts are expecting annual earnings growth of 10.0%, which is higher than its past year's earnings decline of 44.5% per year.
- Investors are most pessimistic about the Renewable Energy industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 12.3x.
Forecasted Growth
- Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 10% over the next 5 years.
- This is better than its past earnings decline of 45% per year.
- In contrast, the Renewable Energy industry is expected to see its earnings grow by 10% 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 | |
|---|---|---|---|---|---|
| No data available | |||||