Narrative Update • Aug 04

Over the last 7 days, the Electric Utilities industry has dropped 1.0%, driven by Acciona declining 16%. In the past year, the industry has gained 35%. Earnings are forecast to grow by 6.9% annually.
Has the Spanish Electric Utilities Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 09 Aug 2026 | €197.2b | €89.3b | €9.0b | 20.7x | 21.8x | 2.2x |
| Tue, 07 Jul 2026 | €203.3b | €87.7b | €9.1b | 17.8x | 22.3x | 2.3x |
| Thu, 04 Jun 2026 | €189.5b | €87.7b | €9.1b | 16.5x | 20.8x | 2.2x |
| Sat, 02 May 2026 | €194.4b | €87.8b | €9.0b | 17.4x | 21.6x | 2.2x |
| Mon, 30 Mar 2026 | €183.2b | €88.3b | €9.2b | 16.1x | 20x | 2.1x |
| Wed, 25 Feb 2026 | €189.2b | €90.0b | €8.8b | 16.8x | 21.5x | 2.1x |
| Fri, 23 Jan 2026 | €170.8b | €90.0b | €8.8b | 14.9x | 19.4x | 1.9x |
| Sun, 21 Dec 2025 | €170.6b | €90.0b | €8.8b | 15.4x | 19.4x | 1.9x |
| Tue, 18 Nov 2025 | €169.3b | €90.0b | €8.8b | 15.7x | 19.3x | 1.9x |
| Thu, 16 Oct 2025 | €158.6b | €89.6b | €8.3b | 16.1x | 19.1x | 1.8x |
| Sat, 13 Sep 2025 | €147.9b | €89.6b | €8.3b | 15.3x | 17.8x | 1.7x |
| Mon, 11 Aug 2025 | €145.9b | €89.6b | €8.3b | 14.9x | 17.5x | 1.6x |
| Wed, 09 Jul 2025 | €140.4b | €88.8b | €7.8b | 19x | 18.1x | 1.6x |
| Fri, 06 Jun 2025 | €146.4b | €88.8b | €7.8b | 19.1x | 18.8x | 1.6x |
| Sun, 04 May 2025 | €143.0b | €88.4b | €7.5b | 17.6x | 19.1x | 1.6x |
| Tue, 01 Apr 2025 | €135.9b | €88.2b | €8.2b | 16.4x | 16.5x | 1.5x |
| Thu, 27 Feb 2025 | €126.4b | €88.7b | €8.3b | 19x | 15.2x | 1.4x |
| Sat, 25 Jan 2025 | €117.8b | €88.7b | €8.3b | 17.7x | 14.2x | 1.3x |
| Mon, 23 Dec 2024 | €117.0b | €88.7b | €8.3b | 17.8x | 14.1x | 1.3x |
| Wed, 20 Nov 2024 | €119.2b | €88.7b | €8.3b | 17.7x | 14.4x | 1.3x |
| Fri, 18 Oct 2024 | €123.8b | €90.6b | €7.7b | 23.4x | 16.1x | 1.4x |
| Sun, 15 Sep 2024 | €120.1b | €90.6b | €7.7b | 23.5x | 15.7x | 1.3x |
| Tue, 13 Aug 2024 | €109.7b | €90.6b | €7.7b | 21.6x | 14.3x | 1.2x |
| Thu, 11 Jul 2024 | €108.5b | €90.4b | €7.5b | 13.2x | 14.5x | 1.2x |
| Sat, 08 Jun 2024 | €111.8b | €90.4b | €7.5b | 13.6x | 14.9x | 1.2x |
| Mon, 06 May 2024 | €106.0b | €91.9b | €7.8b | 12.9x | 13.6x | 1.2x |
| Wed, 03 Apr 2024 | €104.3b | €95.2b | €6.6b | 13.9x | 15.9x | 1.1x |
| Fri, 01 Mar 2024 | €98.1b | €93.4b | €7.9b | 10.3x | 12.4x | 1.1x |
| Sun, 28 Jan 2024 | €103.0b | €97.2b | €8.0b | 11.3x | 12.8x | 1.1x |
| Tue, 26 Dec 2023 | €109.9b | €97.2b | €8.0b | 11.5x | 13.7x | 1.1x |
| Thu, 23 Nov 2023 | €104.6b | €99.8b | €7.9b | 11.5x | 13.2x | 1x |
| Sat, 21 Oct 2023 | €98.8b | €103.7b | €8.5b | 10.6x | 11.6x | 1x |
| Mon, 18 Sep 2023 | €105.6b | €103.7b | €8.5b | 11.3x | 12.4x | 1x |
| Wed, 16 Aug 2023 | €101.4b | €103.7b | €8.5b | 11.1x | 11.9x | 1x |
11.9x
How does Spanish Electric Utilities compare with similar industries?
| ES Market | 1.73% | |
| Utilities | -0.72% | |
| Electric Utilities | -0.54% | |
| Electric Utilities | -0.54% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| IBE Iberdrola | €20.70 | 0.2% +€324.4m | 33.2% | PE24.1x | |
| RED Redeia Corporación | €15.47 | 1.0% +€81.1m | -5.1% | PE17.3x |