What Does Soltec Power Holdings, S.A.'s (BME:SOL) Share Price Indicate?
Apr 21
Spanish (IBEX) Electrical Industry Analysis
UpdatedMay 25, 2023
DataAggregated Company Financials
Companies7
- 7D-0.1%
- 3M-0.7%
- 1Y10.9%
- YTD1.0%
Last week, the Electrical industry hasn't moved much but Profithol is up 15% in that time. As for the the longer term, the industry is up 11% over the past 12 months. As for the next few years, earnings are expected to grow by 64% per annum.
Industry Valuation and Performance
Has the Spanish Electrical Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 May 2023 | €14.9b | €11.3b | -€1,363,708,084.00 | 29.4x | -10.9x | 1.3x |
| Sun, 23 Apr 2023 | €15.0b | €11.3b | -€1,363,708,084.00 | 34.9x | -11x | 1.3x |
| Tue, 21 Mar 2023 | €15.0b | €11.2b | -€1,367,875,871.00 | 47.2x | -11x | 1.3x |
| Thu, 16 Feb 2023 | €14.8b | €11.2b | -€1,358,926,753.00 | 22.2x | -10.9x | 1.3x |
| Sat, 14 Jan 2023 | €14.7b | €11.0b | -€877,926,753.00 | 22.6x | -16.8x | 1.3x |
| Mon, 12 Dec 2022 | €14.4b | €11.0b | -€877,467,753.00 | 21.9x | -16.5x | 1.3x |
| Wed, 09 Nov 2022 | €14.1b | €10.3b | -€1,458,454,057.00 | 45.6x | -9.7x | 1.4x |
| Fri, 07 Oct 2022 | €13.9b | €10.3b | -€1,458,454,057.00 | 45.2x | -9.5x | 1.4x |
| Sun, 04 Sep 2022 | €14.1b | €10.1b | -€1,469,674,057.00 | 81x | -9.6x | 1.4x |
| Tue, 02 Aug 2022 | €13.9b | €10.3b | -€1,337,853,057.00 | 71.3x | -10.4x | 1.4x |
| Thu, 30 Jun 2022 | €13.8b | €10.3b | -€1,340,545,618.00 | 455.8x | -10.3x | 1.3x |
| Sat, 28 May 2022 | €13.8b | €10.3b | -€1,340,545,618.00 | 419.8x | -10.3x | 1.3x |
| Mon, 25 Apr 2022 | €11.6b | €10.5b | -€1,028,366,618.00 | 281.3x | -11.3x | 1.1x |
| Wed, 23 Mar 2022 | €13.3b | €10.3b | -€1,059,125,618.00 | 201.3x | -12.6x | 1.3x |
| Fri, 18 Feb 2022 | €12.7b | €10.3b | -€1,059,125,618.00 | 171.9x | -12x | 1.2x |
| Sun, 16 Jan 2022 | €14.3b | €10.7b | -€628,698,618.00 | 158.7x | -22.7x | 1.3x |
| Tue, 14 Dec 2021 | €15.5b | €10.7b | -€628,698,618.00 | 141x | -24.7x | 1.4x |
| Thu, 11 Nov 2021 | €16.2b | €10.7b | -€629,058,618.00 | 141.2x | -25.8x | 1.5x |
| Sat, 09 Oct 2021 | €14.5b | €10.7b | -€483,236,618.00 | 125.5x | -30x | 1.4x |
| Mon, 06 Sep 2021 | €18.4b | €10.7b | -€472,974,618.00 | 125.6x | -38.9x | 1.7x |
| Wed, 04 Aug 2021 | €17.5b | €10.7b | -€472,974,618.00 | 71.1x | -37.1x | 1.6x |
| Sat, 08 May 2021 | €21.3b | €10.1b | -€638,013,000.00 | n/a | -33.3x | 2.1x |
| Tue, 09 Feb 2021 | €24.0b | €10.0b | -€738,096,000.00 | n/a | -32.5x | 2.4x |
| Mon, 02 Nov 2020 | €16.5b | €9.5b | -€918,178,000.00 | n/a | -18x | 1.7x |
| Thu, 06 Aug 2020 | €13.5b | €9.6b | -€752,998,000.00 | n/a | -17.9x | 1.4x |
Price to Earnings Ratio
-38.6x
Current Industry PE
- Investors are pessimistic on the Spanish Electrical industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Electrical industry have deteriorated over the last three years.
- Meanwhile revenues for these companies have grown 4.9% 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 caused losses to expand.
Industry Trends
Which industries have driven the changes within the Spanish Industrials industry?
| ES Market | -1.05% | |
| Industrials | -1.75% | |
| Electrical | -0.14% | |
| Heavy Electrical Equipment | 0% | |
| Electrical Components | -0.80% | |
Industry PE
- Investors are most optimistic about the Electrical Components industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 30.6%, which is lower than the prior year's growth of 501.9% per year.
Forecasted Growth
- Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 66% over the next 5 years.
- In contrast, the Electrical Components industry is expected to see its earnings grow by 31% 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 | |
|---|---|---|---|---|---|
| SPH Profithol | €3.00 | 4.9% +€2.7m | -65.8% | PE9.3x | |
| ETC Energy Solar Tech | €6.95 | 0.7% +€1.2m | n/a | PE816.3x | |
| ART Arteche Lantegi Elkartea | €3.96 | 0.5% +€1.1m | 30.3% | PE29.4x |