Corporación Acciona Energías Renovables' (BME:ANE) Earnings Quality Is Low
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Spanish (IBEX) Utilities Sector Analysis
UpdatedMar 13, 2025
DataAggregated Company Financials
Companies14
- 7D1.9%
- 3M4.2%
- 1Y22.1%
- YTD1.9%
The Utilities industry is up 1.9% in the last week, with Iberdrola up 3.9%. In the same time, Solaria Energía y Medio Ambiente was down 6.4%. This takes the industry's 12 month performance to a gain of 22%. Looking forward, earnings are forecast to grow by 3.6% annually.
Sector Valuation and Performance
Has the Spanish Utilities Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 14 Mar 2025 | €161.7b | €116.1b | €10.4b | 15.9x | 15.5x | 1.4x |
| Sun, 09 Feb 2025 | €158.5b | €116.2b | €11.0b | 13.1x | 14.4x | 1.4x |
| Tue, 07 Jan 2025 | €158.4b | €116.2b | €11.0b | 14.3x | 14.4x | 1.4x |
| Thu, 05 Dec 2024 | €157.1b | €116.2b | €11.0b | 14.4x | 14.3x | 1.4x |
| Sat, 02 Nov 2024 | €157.5b | €116.2b | €11.0b | 16.3x | 14.3x | 1.4x |
| Mon, 30 Sep 2024 | €159.1b | €117.6b | €9.9b | 19.4x | 16x | 1.4x |
| Wed, 28 Aug 2024 | €151.2b | €117.6b | €9.9b | 19.1x | 15.2x | 1.3x |
| Fri, 26 Jul 2024 | €145.8b | €117.7b | €10.1b | 13.4x | 14.5x | 1.2x |
| Sun, 23 Jun 2024 | €145.4b | €120.7b | €10.5b | 14x | 13.8x | 1.2x |
| Tue, 21 May 2024 | €150.8b | €120.4b | €10.5b | 13.6x | 14.3x | 1.3x |
| Thu, 18 Apr 2024 | €139.4b | €125.9b | €9.6b | 13.9x | 14.5x | 1.1x |
| Sat, 16 Mar 2024 | €134.2b | €125.9b | €9.6b | 13.5x | 13.9x | 1.1x |
| Mon, 12 Feb 2024 | €136.3b | €135.1b | €11.5b | 13x | 11.9x | 1x |
| Wed, 10 Jan 2024 | €151.3b | €135.1b | €11.5b | 13.9x | 13.2x | 1.1x |
| Fri, 08 Dec 2023 | €155.2b | €135.2b | €11.5b | 14.1x | 13.5x | 1.1x |
| Sun, 05 Nov 2023 | €144.7b | €138.0b | €11.5b | 13.4x | 12.6x | 1x |
| Tue, 03 Oct 2023 | €142.5b | €141.6b | €12.1b | 12.9x | 11.8x | 1x |
| Thu, 31 Aug 2023 | €147.7b | €141.5b | €12.1b | 12.9x | 12.2x | 1x |
| Sat, 29 Jul 2023 | €154.7b | €143.2b | €12.2b | 14.5x | 12.7x | 1.1x |
| Mon, 26 Jun 2023 | €157.3b | €147.9b | €11.5b | 15.5x | 13.6x | 1.1x |
| Wed, 24 May 2023 | €157.6b | €147.9b | €11.5b | 15.3x | 13.7x | 1.1x |
| Fri, 21 Apr 2023 | €161.7b | €144.6b | €10.9b | 17x | 14.9x | 1.1x |
| Sun, 19 Mar 2023 | €153.3b | €144.4b | €10.9b | 15.3x | 14.1x | 1.1x |
| Tue, 14 Feb 2023 | €132.5b | €104.6b | €8.2b | 21x | 16.1x | 1.3x |
| Thu, 12 Jan 2023 | €133.3b | €104.6b | €8.2b | 20.3x | 16.2x | 1.3x |
| Sat, 10 Dec 2022 | €133.9b | €104.6b | €8.2b | 20x | 16.3x | 1.3x |
| Mon, 07 Nov 2022 | €144.9b | €126.1b | €9.4b | 21.3x | 15.3x | 1.1x |
| Wed, 05 Oct 2022 | €142.5b | €121.3b | €9.1b | 19.2x | 15.6x | 1.2x |
| Fri, 02 Sep 2022 | €154.1b | €121.0b | €9.1b | 22.9x | 17x | 1.3x |
| Sun, 31 Jul 2022 | €158.5b | €110.5b | €8.1b | 33x | 19.6x | 1.4x |
| Tue, 28 Jun 2022 | €150.8b | €107.2b | €8.0b | 29x | 18.8x | 1.4x |
| Thu, 26 May 2022 | €165.9b | €106.8b | €8.0b | 30.6x | 20.7x | 1.6x |
| Sat, 23 Apr 2022 | €156.8b | €98.4b | €8.1b | 31.1x | 19.2x | 1.6x |
| Mon, 21 Mar 2022 | €145.4b | €98.6b | €8.2b | 28.6x | 17.8x | 1.5x |
Price to Earnings Ratio
17.8x
Current Industry PE
- Investors are relatively neutral on the Spanish Utilities industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 14.9x.
- The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Utilities industry have grown 8.5% per year over the last three years.
- Revenues for these companies have grown 5.6% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Spanish Utilities sector?
| ES Market | -2.90% | |
| Utilities | 1.85% | |
| Electric Utilities | 2.17% | |
| Gas Utilities | 1.65% | |
| Other Utilities | 0% | 0 |
| Renewable Energy | -1.62% | |
Industry PE
- Investors are most optimistic about the Renewable Energy industry even though it's trading below its 3-year average PE ratio of 22.4x.
- Analysts are expecting annual earnings growth of 4.2%, which is higher than its past year's earnings growth of 2.7% per year.
- Investors are most pessimistic about the Electric Utilities industry, which is trading close to its 3-year average of 14.6x.
Forecasted Growth
- Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 4.2% over the next 5 years.
- This is better than its past earnings growth rate of 2.7% per year.
- In contrast, the Gas Utilities industry is expected to see its earnings grow by 2.7% 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 | |
|---|---|---|---|---|---|
| IBE Iberdrola | €13.91 | 3.9% +€3.3b | 28.4% | PE16.1x | |
| ELE Endesa | €22.04 | 5.2% +€1.1b | 36.8% | PE12.4x | |
| RED Redeia Corporación | €17.48 | 3.4% +€307.8m | 15.2% | PE18.6x | |
| ENG Enagás | €12.93 | 4.5% +€146.2m | -2.5% | PS3.7x | |
| NTGY Naturgy Energy Group | €24.94 | 0.6% +€134.5m | 26.4% | PE12.5x |
