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Spanish (IBEX) Renewable Energy Industry Analysis

UpdatedFeb 21, 2024
DataAggregated Company Financials
Companies9
  • 7D-3.4%
  • 3M-16.4%
  • 1Y-36.3%
  • YTD-21.9%

Over the last 7 days, the Renewable Energy industry has dropped 3.4%, driven by pullbacks from every company within the industry. The industry has fallen 36% in the last year. Looking forward, earnings are forecast to decline by 4.3% per year.

Industry Valuation and Performance

Has the Spanish Renewable Energy Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 21 Feb 2024€11.0b€7.6b€1.0b15.4x10.9x1.4x
Fri, 19 Jan 2024€12.5b€7.6b€1.0b16.8x12.3x1.6x
Sun, 17 Dec 2023€14.5b€7.6b€1.0b18.2x14.2x1.9x
Tue, 14 Nov 2023€13.2b€7.7b€931.6m19.6x14.2x1.7x
Thu, 12 Oct 2023€12.4b€7.7b€934.3m19.6x13.3x1.6x
Sat, 09 Sep 2023€13.1b€7.6b€950.2m16.2x13.8x1.7x
Mon, 07 Aug 2023€13.6b€7.6b€950.2m17x14.3x1.8x
Wed, 05 Jul 2023€14.3b€8.1b€934.2m18.1x15.3x1.8x
Fri, 02 Jun 2023€14.3b€8.1b€934.4m15.9x15.3x1.8x
Sun, 30 Apr 2023€15.2b€8.0b€944.9m19.9x16x1.9x
Tue, 28 Mar 2023€15.8b€7.9b€942.4m18.7x16.8x2x
Thu, 23 Feb 2023€16.4b€6.7b€722.5m27.3x22.6x2.5x
Sat, 21 Jan 2023€17.1b€6.7b€722.5m30.2x23.6x2.6x
Mon, 19 Dec 2022€16.1b€6.7b€722.5m26.4x22.2x2.4x
Wed, 16 Nov 2022€17.0b€6.7b€706.5m32.5x24.1x2.6x
Fri, 14 Oct 2022€15.6b€6.7b€706.5m27.1x22.1x2.3x
Sun, 11 Sep 2022€18.8b€6.4b€684.0m54.4x27.4x2.9x
Tue, 09 Aug 2022€18.9b€6.4b€676.3m58.4x28x3x
Thu, 07 Jul 2022€17.3b€5.2b€439.3m54.3x39.4x3.3x
Sat, 04 Jun 2022€17.2b€4.8b€436.0m56.7x39.5x3.6x
Mon, 02 May 2022€16.3b€4.8b€436.3m55.5x37.4x3.4x
Wed, 30 Mar 2022€15.0b€4.8b€436.3m48.6x34.3x3.1x
Fri, 25 Feb 2022€13.9b€4.0b€352.5m49.7x39.5x3.5x
Sun, 23 Jan 2022€13.7b€4.0b€352.5m52.6x39x3.4x
Tue, 21 Dec 2021€14.5b€4.0b€352.5m55.8x41.3x3.6x
Thu, 18 Nov 2021€15.2b€4.0b€356.9m52.5x42.7x3.8x
Sat, 16 Oct 2021€14.3b€4.0b€356.9m47.5x40.1x3.6x
Mon, 13 Sep 2021€14.7b€3.6b€349.6m57.4x42.2x4.1x
Wed, 11 Aug 2021€14.6b€3.6b€344.9m65.5x42.4x4.1x
Sun, 06 Jun 2021€4.3b€1.3b€73.2m66.4x59.2x3.4x
Wed, 10 Mar 2021€4.7b€1.3b€82.4m57.9x56.5x3.6x
Price to Earnings Ratio

56.5x


Total Market Cap: €4.7bTotal Earnings: €82.4mTotal Revenue: €1.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Spanish Renewable Energy Industry Price to Earnings3Y Average 31.1x202220232024
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 10.9x which is lower than its 3-year average PE of 31.1x.
  • The 3-year average PS ratio of 2.8x 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 131% per year over the last three years.
  • Revenues for these companies have grown 81% 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 Market0.94%
Utilities-0.026%
Renewable Energy-3.35%
Independent Power Producers and Energy Traders0%
Renewable Energy-3.35%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry even though it's trading below its 3-year average PE ratio of 30.0x.
    • Analysts are expecting annual earnings decline of 4.3%, which is lower than the prior year's growth of 126.7% per year.
  • Investors are most pessimistic about the Renewable Energy industry, which is trading below its 3-year average of 30.0x.
Forecasted Growth
  • Despite it being negative, analysts are least pessimistic on the Renewable Energy industry since they expect its earnings to decline by only 4.3% 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 127% per year.
  • In contrast, the Renewable Energy industry is expected to see its earnings decline by 4.3% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
No data available
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