Spanish (IBEX) Renewable Energy Industry Analysis

UpdatedNov 04, 2025

DataAggregated Company Financials

Companies7

7D-0.6%
3M7.1%
1Y33.3%
YTD36.8%

Over the last 7 days, the Renewable Energy industry has remained flat. The past year has been better, since the industry has gained 33% in that time. Looking forward, earnings are forecast to decline by 8.8% per year.

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
Tue, 04 Nov 2025	€13.6b	€8.8b	€1.0b	18.3x	13x	1.5x
Thu, 02 Oct 2025	€12.5b	€8.8b	€1.0b	15.7x	12.2x	1.4x
Sat, 30 Aug 2025	€13.0b	€8.7b	€1.0b	18.2x	12.9x	1.5x
Mon, 28 Jul 2025	€13.2b	€7.9b	€641.0m	21.3x	20.6x	1.7x
Wed, 25 Jun 2025	€11.0b	€7.9b	€641.0m	17.8x	17.2x	1.4x
Fri, 23 May 2025	€10.0b	€7.7b	€585.0m	15.7x	17.1x	1.3x
Sun, 20 Apr 2025	€9.1b	€7.7b	€570.7m	15.2x	15.9x	1.2x
Tue, 18 Mar 2025	€9.8b	€7.7b	€570.7m	16.5x	17.2x	1.3x
Thu, 13 Feb 2025	€9.7b	€6.9b	€328.1m	13.1x	29.5x	1.4x
Sat, 11 Jan 2025	€9.7b	€6.9b	€328.1m	13.7x	29.6x	1.4x
Mon, 09 Dec 2024	€10.4b	€6.9b	€328.1m	14.3x	31.6x	1.5x
Wed, 06 Nov 2024	€9.7b	€6.4b	€349.6m	20.1x	27.7x	1.5x
Fri, 04 Oct 2024	€10.6b	€6.4b	€352.4m	20.7x	30.1x	1.7x
Sun, 01 Sep 2024	€10.5b	€6.5b	€352.1m	19.5x	29.7x	1.6x
Tue, 30 Jul 2024	€9.8b	€6.8b	€692.1m	18.8x	14.2x	1.4x
Thu, 27 Jun 2024	€10.2b	€6.8b	€692.1m	18.9x	14.7x	1.5x
Sat, 25 May 2024	€10.4b	€6.8b	€692.2m	15.8x	15x	1.5x
Mon, 22 Apr 2024	€9.6b	€7.1b	€694.6m	15.3x	13.8x	1.4x
Wed, 20 Mar 2024	€10.3b	€7.2b	€746.3m	14.9x	13.8x	1.4x
Fri, 16 Feb 2024	€11.4b	€7.6b	€1.0b	15.8x	11.3x	1.5x
Sun, 14 Jan 2024	€13.3b	€7.6b	€1.0b	17.9x	13.1x	1.7x
Tue, 12 Dec 2023	€13.7b	€7.6b	€1.0b	18.2x	13.4x	1.8x
Thu, 09 Nov 2023	€13.2b	€7.7b	€931.6m	19.8x	14.2x	1.7x
Sat, 07 Oct 2023	€11.7b	€7.7b	€934.3m	18.9x	12.5x	1.5x
Mon, 04 Sep 2023	€13.3b	€7.6b	€950.2m	16.3x	14x	1.7x
Wed, 02 Aug 2023	€13.8b	€7.7b	€949.2m	17.1x	14.6x	1.8x
Fri, 30 Jun 2023	€14.8b	€8.1b	€934.2m	17.8x	15.8x	1.8x
Sun, 28 May 2023	€14.6b	€8.1b	€935.9m	18.1x	15.7x	1.8x
Tue, 25 Apr 2023	€15.3b	€8.0b	€944.9m	21x	16.2x	1.9x
Thu, 23 Mar 2023	€15.9b	€7.9b	€942.4m	19.1x	16.9x	2x
Sat, 18 Feb 2023	€16.9b	€6.7b	€722.5m	27.9x	23.4x	2.5x
Mon, 16 Jan 2023	€16.9b	€6.7b	€722.5m	30.3x	23.4x	2.5x
Wed, 14 Dec 2022	€16.2b	€6.7b	€722.5m	26.8x	22.4x	2.4x
Fri, 11 Nov 2022	€17.6b	€6.7b	€706.5m	31x	25x	2.6x

Price to Earnings Ratio

25x

Fri, 11 Nov 2022

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 13.0x which is lower than its 3-year average PE of 18.6x.

The industry is trading close to its 3-year average PS ratio of 1.7x.

Past Earnings Growth

The earnings for companies in the Renewable Energy industry have grown 14% per year over the last three years.
Revenues for these companies have grown 9.8% 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	-0.32%
Utilities	1.74%
Renewable Energy	-0.60%
Independent Power Producers and Energy Traders	0%	0
Renewable Energy	-0.60%

Industry PE

Investors are most optimistic about the Renewable Energy industry even though it's trading below its 3-year average PE ratio of 18.6x.

Analysts are expecting annual earnings decline of 8.8%, which is lower than the prior year's growth of 9.4% per year.

Investors are most pessimistic about the Renewable Energy industry, which is trading below its 3-year average of 18.6x.

Forecasted Growth

Despite it being negative, analysts are least pessimistic on the Renewable Energy industry since they expect its earnings to decline by only 8.8% per year over the next 5 years, which isn't as bad as the other industries.
This is a reversal from its past annual earnings growth rate of 9.4% per year.