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Spanish (IBEX) Renewable Energy Industry Analysis
UpdatedJan 30, 2023
DataAggregated Company Financials
Companies8
- 7D-0.9%
- 3M-0.5%
- 1Y35.3%
- YTD7.2%
Over the last 7 days, the Renewable Energy industry has remained flat, although notably Grenergy Renovables gained 7.6%. The past year has been better, since the industry has gained 35% in that time. Looking forward, earnings are forecast to grow by 3.8% annually.
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 |
|---|---|---|---|---|---|---|
| Mon, 30 Jan 2023 | €16.9b | €6.7b | €722.5m | 29.5x | 23.4x | 2.5x |
| Wed, 28 Dec 2022 | €15.7b | €6.7b | €722.5m | 26.7x | 21.8x | 2.4x |
| Fri, 25 Nov 2022 | €16.6b | €6.7b | €718.6m | 27x | 23.2x | 2.5x |
| Sun, 23 Oct 2022 | €15.5b | €6.7b | €706.5m | 26.6x | 22x | 2.3x |
| Tue, 20 Sep 2022 | €18.3b | €6.4b | €684.0m | 52.7x | 26.8x | 2.9x |
| Thu, 18 Aug 2022 | €19.2b | €6.4b | €676.3m | 58.2x | 28.4x | 3x |
| Sat, 16 Jul 2022 | €17.4b | €5.2b | €439.3m | 53.6x | 39.6x | 3.3x |
| Mon, 13 Jun 2022 | €16.7b | €5.2b | €439.3m | 56x | 38x | 3.2x |
| Wed, 11 May 2022 | €15.3b | €4.8b | €436.3m | 52.1x | 35x | 3.2x |
| Fri, 08 Apr 2022 | €16.5b | €4.8b | €436.3m | 57.7x | 37.7x | 3.5x |
| Sun, 06 Mar 2022 | €13.7b | €4.9b | €442.0m | 42.4x | 31x | 2.8x |
| Tue, 01 Feb 2022 | €13.2b | €4.0b | €352.5m | 50.7x | 37.5x | 3.3x |
| Thu, 30 Dec 2021 | €15.0b | €4.0b | €352.5m | 56.8x | 42.4x | 3.7x |
| Sat, 27 Nov 2021 | €14.6b | €4.0b | €352.5m | 57.3x | 41.4x | 3.6x |
| Mon, 25 Oct 2021 | €14.7b | €4.0b | €356.9m | 52.1x | 41.2x | 3.7x |
| Wed, 22 Sep 2021 | €14.2b | €3.6b | €349.6m | 55.5x | 40.6x | 3.9x |
| Fri, 20 Aug 2021 | €14.6b | €3.6b | €344.9m | 69.6x | 42.4x | 4.1x |
| Fri, 04 Jun 2021 | €4.3b | €1.3b | €73.2m | 66.4x | 59.2x | 3.4x |
| Mon, 08 Mar 2021 | €4.7b | €1.3b | €82.4m | 57.9x | 56.5x | 3.6x |
| Thu, 10 Dec 2020 | €4.4b | €1.2b | €92.1m | 36.5x | 47.9x | 3.6x |
| Wed, 02 Sep 2020 | €3.8b | €1.2b | €76.6m | 38.2x | 50.3x | 3.2x |
| Sat, 06 Jun 2020 | €2.8b | €1.3b | €85.0m | 28.7x | 33.5x | 2.3x |
| Tue, 10 Mar 2020 | €2.9b | €1.3b | €72.6m | 40x | 40.6x | 2.4x |
Price to Earnings Ratio
39.9x
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 23.4x which is lower than its 3-year average PE of 41.2x.
- The 3-year average PS ratio of 3.1x is higher than the industry's current PS ratio of 2.5x.
Past Earnings Growth
- The earnings for companies in the Renewable Energy industry have grown 115% per year over the last three years.
- Revenues for these companies have grown 75% 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 | 1.56% | |
| Utilities | -0.37% | |
| Renewable Energy | -0.88% | |
| Independent Power Producers and Energy Traders | 0% | |
| Renewable Energy | -0.88% | |
Industry PE
- Investors are most optimistic about the Renewable Energy industry even though it's trading below its 3-year average PE ratio of 40.6x.
- Analysts are expecting annual earnings growth of 3.8%, which is lower than the prior year's growth of 87.0% per year.
- Investors are most pessimistic about the Renewable Energy industry, which is trading below its 3-year average of 40.6x.
Forecasted Growth
- Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 3.8% over the next 5 years.
- In contrast, the Renewable Energy industry is expected to see its earnings grow by 3.8% 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 | |
|---|---|---|---|---|---|
| GRE Grenergy Renovables | €34.42 | 7.6% +€72.7m | 37.1% | PE46.5x | |
| OPDE Opdenergy Holding | €4.40 | 3.4% +€21.5m | n/a | PE153.4x | |
| ENER Grupo Ecoener | €5.26 | 3.5% +€10.2m | 18.9% | PE21.7x |
