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Spanish (IBEX) Renewable Energy Industry Analysis

UpdatedJan 27, 2023
DataAggregated Company Financials
Companies8
  • 7D-0.7%
  • 3M0.8%
  • 1Y33.1%
  • YTD7.8%

Over the last 7 days, the Renewable Energy industry has dropped 2.3%, driven by Corporación Acciona Energías Renovables declining 3.9%. Meanwhile, Grenergy Renovables actually outperformed within the industry, gaining 10% in the last week. Over the past 12 months, the industry was up 33%. Looking forward, earnings are forecast to grow by 5.5% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 27 Jan 2023€17.0b€6.7b€722.5m30.6x23.5x2.5x
Sun, 25 Dec 2022€15.8b€6.7b€722.5m27x21.9x2.4x
Tue, 22 Nov 2022€16.3b€6.7b€718.6m26.1x22.6x2.4x
Thu, 20 Oct 2022€15.7b€6.7b€706.5m27.5x22.3x2.4x
Sat, 17 Sep 2022€18.6b€6.4b€684.0m52.7x27.3x2.9x
Mon, 15 Aug 2022€18.6b€6.4b€676.3m57.1x27.5x2.9x
Wed, 13 Jul 2022€17.8b€5.2b€439.3m55.7x40.5x3.4x
Fri, 10 Jun 2022€17.3b€5.2b€439.3m57.6x39.4x3.3x
Sun, 08 May 2022€15.7b€4.8b€436.3m52.9x36x3.3x
Tue, 05 Apr 2022€15.9b€4.8b€436.3m55x36.5x3.3x
Thu, 03 Mar 2022€12.7b€4.7b€436.3m43.1x29.2x2.7x
Sat, 29 Jan 2022€12.2b€3.9b€346.8m47x35.1x3.1x
Mon, 27 Dec 2021€14.2b€3.9b€346.8m55.9x41x3.7x
Wed, 24 Nov 2021€14.1b€3.8b€351.2m48.3x40.1x3.7x
Fri, 22 Oct 2021€13.9b€3.8b€351.2m50.8x39.5x3.6x
Sun, 19 Sep 2021€13.2b€3.5b€340.7m48x38.7x3.8x
Tue, 17 Aug 2021€13.5b€3.5b€340.7m50.5x39.6x3.9x
Tue, 01 Jun 2021€3.7b€1.1b€69.0m65.5x53.7x3.3x
Fri, 05 Mar 2021€4.0b€1.1b€72.0m54.6x55.8x3.5x
Mon, 07 Dec 2020€3.7b€1.1b€74.9m31.9x49.4x3.5x
Thu, 10 Sep 2020€3.3b€1.1b€60.5m42x54.6x3.1x
Wed, 03 Jun 2020€2.4b€1.1b€66.4m33.1x36.1x2.1x
Sat, 07 Mar 2020€2.5b€1.2b€60.7m41.2x40.9x2.1x
Price to Earnings Ratio

40.2x


Total Market Cap: €2.4bTotal Earnings: €60.7mTotal Revenue: €1.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Spanish Renewable Energy Industry Price to Earnings3Y Average 40.7x202120222023
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 23.4x which is lower than its 3-year average PE of 40.7x.
  • 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 Electricity industry have grown 128% per year over the last three years.
  • Revenues for these companies have grown 79% 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 Market2.49%
Utilities-0.049%
Renewable Energy-0.74%
Renewable Energy-0.74%
Independent Power Producers and Energy Traders0%
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?

CompanyLast Price7D1YValuation
GRE Grenergy Renovables€33.7210.6%
+€96.7m
35.2%PE45.6x
ADX Audax Renovables€1.409.2%
+€51.5m
8.6%PE93.4x
SLR Solaria Energía y Medio Ambiente€19.641.9%
+€46.2m
32.2%PE30.6x
OPDE Opdenergy Holding€4.397.5%
+€45.2m
n/aPE153.1x
ENER Grupo Ecoener€5.363.9%
+€11.4m
23.2%PE22.1x
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Latest News

GRE

€33.72

Grenergy Renovables

7D

10.6%

1Y

35.2%

ANE

€37.28

Corporación Acciona Energías Renovables

7D

-2.7%

1Y

35.0%

ADX

€1.40

Audax Renovables

7D

9.2%

1Y

8.6%

OPDE

€4.39

Opdenergy Holding

7D

7.5%

1Y

n/a

ENRS

€5.58

Enerside Energy

7D

1.5%

1Y

n/a