Narrative Update • Jun 16

Over the last 7 days, the Renewable Energy industry has dropped 1.0%, driven by Grenergy Renovables declining 3.6%. This takes the industry's 12 month performance to a gain of 42%. Looking forward, earnings are expected to remain mostly flat in the next few years.
Has the Spanish Renewable Energy Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 24 Jun 2026 | €15.8b | €8.5b | €963.7m | 23.5x | 16.4x | 1.8x |
| Fri, 22 May 2026 | €16.4b | €8.6b | €994.1m | 25.6x | 16.5x | 1.9x |
| Sun, 19 Apr 2026 | €15.0b | €8.7b | €988.9m | 19.1x | 15.1x | 1.7x |
| Tue, 17 Mar 2026 | €14.0b | €8.7b | €1.0b | 15.1x | 13.6x | 1.6x |
| Thu, 12 Feb 2026 | €13.8b | €8.9b | €1.1b | 21.3x | 12.8x | 1.6x |
| Sat, 10 Jan 2026 | €13.7b | €8.9b | €1.1b | 20.4x | 12.7x | 1.5x |
| Mon, 08 Dec 2025 | €12.6b | €8.9b | €1.1b | 18.1x | 11.7x | 1.4x |
| Wed, 05 Nov 2025 | €13.9b | €8.8b | €1.0b | 18.8x | 13.3x | 1.6x |
| Fri, 03 Oct 2025 | €12.7b | €8.8b | €1.0b | 16.7x | 12.5x | 1.4x |
| Sun, 31 Aug 2025 | €13.0b | €8.7b | €1.0b | 18.2x | 12.9x | 1.5x |
| Tue, 29 Jul 2025 | €13.1b | €7.9b | €641.0m | 21.1x | 20.4x | 1.7x |
| Thu, 26 Jun 2025 | €11.2b | €7.9b | €641.0m | 17.9x | 17.4x | 1.4x |
| Sat, 24 May 2025 | €10.0b | €7.9b | €611.2m | 15.7x | 16.4x | 1.3x |
| Mon, 21 Apr 2025 | €9.1b | €7.7b | €570.7m | 15.2x | 15.9x | 1.2x |
| Wed, 19 Mar 2025 | €9.9b | €7.7b | €570.7m | 16.5x | 17.3x | 1.3x |
| Fri, 14 Feb 2025 | €9.9b | €6.9b | €328.1m | 13.1x | 30.1x | 1.4x |
| Sun, 12 Jan 2025 | €9.7b | €6.9b | €328.1m | 13.7x | 29.6x | 1.4x |
| Tue, 10 Dec 2024 | €10.4b | €6.9b | €328.1m | 14.3x | 31.6x | 1.5x |
| Thu, 07 Nov 2024 | €9.1b | €6.4b | €349.6m | 18.2x | 25.9x | 1.4x |
| Sat, 05 Oct 2024 | €10.5b | €6.4b | €352.4m | 21.1x | 29.8x | 1.7x |
| Mon, 02 Sep 2024 | €10.5b | €6.5b | €352.1m | 19.5x | 29.7x | 1.6x |
| Wed, 31 Jul 2024 | €9.8b | €6.8b | €692.1m | 19x | 14.2x | 1.4x |
| Fri, 28 Jun 2024 | €10.1b | €6.8b | €692.1m | 18.8x | 14.5x | 1.5x |
| Sun, 26 May 2024 | €10.4b | €6.8b | €692.2m | 15.8x | 15x | 1.5x |
| 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 |
15.7x
How does Spanish Renewable Energy compare with similar industries?
| ES Market | 2.09% | |
| Utilities | 2.82% | |
| Renewable Energy | 1.10% | |
| Renewable Energy | 1.10% | |
| Independent Power Producers and Energy Traders | 0% | 0 |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ANE Corporación Acciona Energías Renovables | €23.64 | 5.3% +€383.0m | 25.5% | PE11.7x | |
| SLR Solaria Energía y Medio Ambiente | €22.27 | 2.9% +€79.9m | 121.5% | PE17.5x | |
| ADX Audax Renovables | €1.29 | 0.3% +€1.8m | -14.6% | PE29.5x |