What Does Solaria Energía y Medio Ambiente, S.A.'s (BME:SLR) Share Price Indicate?
Apr 06
Spanish (IBEX) Renewable Energy Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies8
- 7D-0.08%
- 3M-18.5%
- 1Y-33.5%
- YTDn/a
The Renewable Energy industry has stayed flat over the last week. As for the longer term, the industry has declined 34% in the last year. Earnings are forecast to be flat in the coming 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 |
|---|---|---|---|---|---|---|
| Tue, 23 Apr 2024 | €9.6b | €7.1b | €694.6m | 15.3x | 13.8x | 1.4x |
| Thu, 21 Mar 2024 | €10.2b | €7.2b | €746.3m | 14.9x | 13.7x | 1.4x |
| Sat, 17 Feb 2024 | €11.2b | €7.6b | €1.0b | 15.5x | 11.1x | 1.5x |
| Mon, 15 Jan 2024 | €13.3b | €7.6b | €1.0b | 17.9x | 13.1x | 1.7x |
| Wed, 13 Dec 2023 | €13.4b | €7.6b | €1.0b | 18x | 13.1x | 1.8x |
| Fri, 10 Nov 2023 | €13.3b | €7.7b | €931.6m | 19.9x | 14.2x | 1.7x |
| Sun, 08 Oct 2023 | €11.7b | €7.7b | €934.3m | 18.9x | 12.5x | 1.5x |
| Tue, 05 Sep 2023 | €13.0b | €7.6b | €950.2m | 16.2x | 13.7x | 1.7x |
| Thu, 03 Aug 2023 | €13.6b | €7.6b | €950.2m | 16.9x | 14.3x | 1.8x |
| Sat, 01 Jul 2023 | €14.7b | €8.1b | €934.2m | 17.9x | 15.7x | 1.8x |
| Mon, 29 May 2023 | €14.6b | €8.1b | €935.9m | 18.1x | 15.7x | 1.8x |
| Wed, 26 Apr 2023 | €15.3b | €8.0b | €944.9m | 20.2x | 16.2x | 1.9x |
| Fri, 24 Mar 2023 | €16.0b | €7.9b | €942.4m | 19.1x | 17x | 2x |
| Sun, 19 Feb 2023 | €16.9b | €6.7b | €722.5m | 27.9x | 23.4x | 2.5x |
| Tue, 17 Jan 2023 | €16.9b | €6.7b | €722.5m | 30.3x | 23.4x | 2.5x |
| Thu, 15 Dec 2022 | €16.4b | €6.7b | €722.5m | 27.3x | 22.6x | 2.5x |
| Sat, 12 Nov 2022 | €16.9b | €6.7b | €706.5m | 30.4x | 23.9x | 2.5x |
| Mon, 10 Oct 2022 | €17.0b | €6.7b | €706.5m | 29.4x | 24x | 2.5x |
| Wed, 07 Sep 2022 | €17.6b | €6.4b | €676.3m | 51x | 26.1x | 2.8x |
| Fri, 05 Aug 2022 | €18.9b | €6.4b | €676.3m | 56.7x | 28x | 3x |
| Sun, 03 Jul 2022 | €17.0b | €5.2b | €439.3m | 53.8x | 38.7x | 3.3x |
| Tue, 31 May 2022 | €17.0b | €4.8b | €436.0m | 57.1x | 38.9x | 3.6x |
| Thu, 28 Apr 2022 | €15.9b | €4.8b | €436.3m | 55.2x | 36.4x | 3.3x |
| Sat, 26 Mar 2022 | €15.0b | €4.8b | €436.3m | 51.9x | 34.5x | 3.2x |
| Mon, 21 Feb 2022 | €12.1b | €3.9b | €346.8m | 42.7x | 34.8x | 3.1x |
| Wed, 19 Jan 2022 | €13.0b | €3.9b | €346.8m | 49.5x | 37.3x | 3.3x |
| Fri, 17 Dec 2021 | €14.1b | €3.9b | €346.8m | 53.4x | 40.8x | 3.6x |
| Sun, 14 Nov 2021 | €14.0b | €3.8b | €351.2m | 51.4x | 39.9x | 3.6x |
| Tue, 12 Oct 2021 | €12.5b | €3.8b | €351.2m | 44.3x | 35.6x | 3.3x |
| Thu, 09 Sep 2021 | €13.5b | €3.5b | €343.8m | 46.3x | 39.4x | 3.9x |
| Sat, 07 Aug 2021 | €13.7b | €3.5b | €340.7m | 50.1x | 40.2x | 4x |
| Fri, 30 Apr 2021 | €3.7b | €1.1b | €69.0m | 58.8x | 53.8x | 3.3x |
Price to Earnings Ratio
53.8x
Current Industry PE
- Investors are pessimistic on the Spanish Renewable Electricity 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 13.8x which is lower than its 3-year average PE of 27.5x.
- 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 Electricity industry have grown 116% per year over the last three years.
- Revenues for these companies have grown 84% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Spanish Renewable Energy compare with similar industries?
| ES Market | 0.46% | |
| Utilities | 2.23% | |
| Renewable Energy | -0.077% | |
| Renewable Energy | -0.077% | |
| Independent Power Producers and Energy Traders | 0% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ADX Audax Renovables | €1.77 | 3.2% +€23.7m | 57.3% | PE26.8x | |
| ENER Ecoener | €3.88 | 2.6% +€5.7m | -15.7% | PE20.1x | |
| ENRS Enerside Energy | €3.20 | 0.6% +€742.9k | -40.1% | PS3.3x |