Spanish (IBEX) Renewable Energy Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies8
- 7D8.0%
- 3M-9.0%
- 1Y-29.1%
- YTD-22.7%
Over the last 7 days, the Renewable Energy industry has risen 8.0%, driven by gains from Corporación Acciona Energías Renovables of 8.5%. However, the industry is down 29% over the past year. Looking forward, earnings are expected to remain mostly flat in the next few years.
Industry Valuation and Performance
Has the Spanish Renewable Energy Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 09 May 2024 | €10.2b | €7.0b | €678.3m | 16.4x | 15x | 1.4x |
| Sat, 06 Apr 2024 | €10.4b | €7.2b | €727.4m | 17.7x | 14.3x | 1.4x |
| Mon, 04 Mar 2024 | €10.5b | €7.2b | €746.3m | 15.7x | 14.1x | 1.5x |
| Wed, 31 Jan 2024 | €12.3b | €7.6b | €1.0b | 16.2x | 12.2x | 1.6x |
| Fri, 29 Dec 2023 | €14.6b | €7.6b | €1.0b | 18.1x | 14.4x | 1.9x |
| Sun, 26 Nov 2023 | €13.3b | €7.7b | €942.0m | 19.5x | 14.1x | 1.7x |
| Tue, 24 Oct 2023 | €12.4b | €7.7b | €934.3m | 18.9x | 13.2x | 1.6x |
| Thu, 21 Sep 2023 | €13.2b | €7.6b | €950.2m | 16.9x | 13.9x | 1.7x |
| Sat, 19 Aug 2023 | €12.8b | €7.6b | €950.2m | 16.3x | 13.4x | 1.7x |
| Mon, 17 Jul 2023 | €14.0b | €8.1b | €934.2m | 17.2x | 15x | 1.7x |
| Wed, 14 Jun 2023 | €14.9b | €8.1b | €934.4m | 16.7x | 15.9x | 1.8x |
| Fri, 12 May 2023 | €15.6b | €8.1b | €931.5m | 20.4x | 16.8x | 1.9x |
| Sun, 09 Apr 2023 | €16.4b | €8.0b | €942.7m | 19.3x | 17.4x | 2.1x |
| Tue, 07 Mar 2023 | €16.0b | €7.9b | €942.4m | 20.3x | 16.9x | 2x |
| Thu, 02 Feb 2023 | €16.6b | €6.7b | €722.5m | 29.2x | 23x | 2.5x |
| Sat, 31 Dec 2022 | €15.8b | €6.7b | €722.5m | 26.7x | 21.9x | 2.4x |
| Mon, 28 Nov 2022 | €16.6b | €6.7b | €718.6m | 26.8x | 23.1x | 2.5x |
| Wed, 26 Oct 2022 | €16.2b | €6.7b | €706.5m | 27.7x | 23x | 2.4x |
| Fri, 23 Sep 2022 | €17.5b | €6.4b | €684.0m | 46.7x | 25.6x | 2.7x |
| Sun, 21 Aug 2022 | €19.0b | €6.4b | €676.3m | 56x | 28.1x | 3x |
| Tue, 19 Jul 2022 | €17.4b | €5.2b | €439.3m | 53.6x | 39.6x | 3.3x |
| Thu, 16 Jun 2022 | €16.1b | €5.2b | €439.3m | 52.9x | 36.6x | 3.1x |
| Sat, 14 May 2022 | €15.7b | €4.8b | €436.3m | 53.8x | 36x | 3.3x |
| Mon, 11 Apr 2022 | €16.5b | €4.8b | €436.3m | 58.9x | 37.8x | 3.5x |
| Wed, 09 Mar 2022 | €15.2b | €4.9b | €442.0m | 50.4x | 34.4x | 3.1x |
| Fri, 04 Feb 2022 | €13.5b | €4.0b | €352.5m | 48.8x | 38.4x | 3.4x |
| Sun, 02 Jan 2022 | €15.3b | €4.0b | €352.5m | 57.5x | 43.5x | 3.8x |
| Tue, 30 Nov 2021 | €14.8b | €4.0b | €352.5m | 59.1x | 41.9x | 3.7x |
| Thu, 28 Oct 2021 | €14.8b | €4.0b | €356.9m | 52.6x | 41.5x | 3.7x |
| Sat, 25 Sep 2021 | €14.4b | €3.8b | €359.0m | 54.1x | 40x | 3.8x |
| Mon, 23 Aug 2021 | €14.6b | €3.6b | €344.9m | 69.5x | 42.4x | 4.1x |
| Sat, 10 Jul 2021 | €4.5b | €1.3b | €73.2m | 65.2x | 60.9x | 3.5x |
Price to Earnings Ratio
59.2x
Current Industry PE
- Investors are pessimistic on the Spanish Renewable Energy 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 15.0x which is lower than its 3-year average PE of 27.4x.
- The 3-year average PS ratio of 2.6x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Renewable Energy industry have grown 110% per year over the last three years.
- Revenues for these companies have grown 77% 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 industry?
| ES Market | 1.99% | |
| Utilities | 3.37% | |
| Renewable Energy | 7.99% | |
| Renewable Energy | 7.99% | |
| Independent Power Producers and Energy Traders | 0% | |
Industry PE
- Investors are most optimistic about the Renewable Energy industry even though it's trading below its 3-year average PE ratio of 26.6x.
- Analysts are expecting annual earnings growth of 0.3%, which is lower than the prior year's growth of 19.4% per year.
- Investors are most pessimistic about the Renewable Energy industry, which is trading below its 3-year average of 26.6x.
Forecasted Growth
- Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 0.3% over the next 5 years.
- In contrast, the Renewable Energy industry is expected to see its earnings growth to stay flat 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 | |||||