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French (CAC) Utilities Sector Analysis
UpdatedOct 14, 2024
DataAggregated Company Financials
Companies17
- 7D1.9%
- 3M8.0%
- 1Y11.7%
- YTD3.1%
Over the last 7 days, the Utilities industry has risen 1.9%, driven by gains from Engie of 3.1%. This takes the industry's 12 month performance to a gain of 12%. Earnings are forecast to grow by 1.9% annually.
Sector Valuation and Performance
Has the French Utilities Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 15 Oct 2024 | €71.0b | €127.2b | €6.5b | 15.3x | 10.9x | 0.6x |
| Thu, 12 Sep 2024 | €70.3b | €127.3b | €6.5b | 15.4x | 10.8x | 0.6x |
| Sat, 10 Aug 2024 | €68.1b | €127.2b | €6.5b | 15.4x | 10.4x | 0.5x |
| Mon, 08 Jul 2024 | €66.9b | €137.4b | €3.7b | 16.3x | 18.2x | 0.5x |
| Wed, 05 Jun 2024 | €71.4b | €137.0b | €3.6b | 20.2x | 19.6x | 0.5x |
| Fri, 03 May 2024 | €67.7b | €137.1b | €3.6b | 19.5x | 18.6x | 0.5x |
| Sun, 31 Mar 2024 | €68.4b | €137.0b | €3.6b | 17.6x | 18.7x | 0.5x |
| Tue, 27 Feb 2024 | €64.6b | €137.7b | €3.7b | 16.7x | 17.5x | 0.5x |
| Thu, 25 Jan 2024 | €116.0b | €297.0b | -€24,672,850,660.00 | 19.2x | -4.7x | 0.4x |
| Sat, 23 Dec 2023 | €118.3b | €297.0b | -€24,672,850,660.00 | 18.9x | -4.8x | 0.4x |
| Mon, 20 Nov 2023 | €115.7b | €297.0b | -€24,672,850,660.00 | 17.7x | -4.7x | 0.4x |
| Wed, 18 Oct 2023 | €111.9b | €297.0b | -€24,680,057,564.00 | 15.3x | -4.5x | 0.4x |
| Fri, 15 Sep 2023 | €116.5b | €297.0b | -€24,665,312,564.00 | 18.6x | -4.7x | 0.4x |
| Sun, 13 Aug 2023 | €114.0b | €296.9b | -€24,666,350,379.00 | 18.6x | -4.6x | 0.4x |
| Tue, 11 Jul 2023 | €115.0b | €290.5b | -€19,393,550,379.00 | 20.9x | -5.9x | 0.4x |
| Thu, 08 Jun 2023 | €113.9b | €290.4b | -€19,395,810,213.00 | 25.2x | -5.9x | 0.4x |
| Sat, 06 May 2023 | €114.3b | €290.2b | -€19,410,796,013.00 | 25x | -5.9x | 0.4x |
| Mon, 03 Apr 2023 | €111.7b | €290.3b | -€18,812,053,645.00 | 26.7x | -5.9x | 0.4x |
| Wed, 01 Mar 2023 | €110.6b | €281.1b | -€19,819,292,645.00 | 44.8x | -5.6x | 0.4x |
| Fri, 27 Jan 2023 | €107.5b | €230.8b | €1.9b | 36.2x | 57.5x | 0.5x |
| Sun, 25 Dec 2022 | €106.4b | €230.8b | €1.9b | 30.5x | 56.9x | 0.5x |
| Tue, 22 Nov 2022 | €107.8b | €230.8b | €1.9b | 37.5x | 57.6x | 0.5x |
| Thu, 20 Oct 2022 | €99.2b | €230.7b | €1.9b | 37.5x | 53.1x | 0.4x |
| Sat, 17 Sep 2022 | €101.7b | €230.7b | €1.9b | 32.1x | 54.9x | 0.4x |
| Mon, 15 Aug 2022 | €105.2b | €229.5b | €1.8b | 32.9x | 58.5x | 0.5x |
| Wed, 13 Jul 2022 | €92.1b | €177.8b | €8.9b | 19.9x | 10.4x | 0.5x |
| Fri, 10 Jun 2022 | €92.6b | €177.8b | €8.9b | 29.4x | 10.4x | 0.5x |
| Sun, 08 May 2022 | €86.8b | €177.8b | €8.9b | 29.6x | 9.8x | 0.5x |
| Tue, 05 Apr 2022 | €88.7b | €177.7b | €8.9b | 26.9x | 10x | 0.5x |
| Thu, 03 Mar 2022 | €97.4b | €193.7b | €9.6b | 22.3x | 10.1x | 0.5x |
| Sat, 29 Jan 2022 | €104.7b | €184.9b | €7.2b | 31x | 14.5x | 0.6x |
| Mon, 27 Dec 2021 | €109.4b | €184.9b | €7.2b | 31x | 15.2x | 0.6x |
| Wed, 24 Nov 2021 | €114.2b | €184.9b | €7.2b | 30.1x | 15.8x | 0.6x |
| Fri, 22 Oct 2021 | €112.8b | €184.5b | €7.1b | 31.7x | 15.9x | 0.6x |
Price to Earnings Ratio
15.9x
Current Industry PE
- Investors are pessimistic on the French Utilities 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 14.2x.
- The industry is trading close to its 3-year average PS ratio of 0.47x.
Past Earnings Growth
- The earnings for companies in the Utilities industry have declined 2.8% per year over the last three years,
- Revenues have also declined 12% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the French Utilities sector?
| FR Market | 0.39% | |
| Utilities | 1.94% | |
| Other Utilities | 2.09% | |
| Gas Utilities | 1.77% | |
| Renewable Energy | 1.27% | |
| Electric Utilities | -2.18% | |
| Water Utilities | -5.22% | |
Industry PE
- Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 87.0x.
- Analysts are expecting annual earnings growth of 19.1%, which is higher than its past year's earnings decline of 34.8% per year.
- Investors are most pessimistic about the Electric Utilities industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 1.4x.
Forecasted Growth
- Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 19% over the next 5 years.
- This is better than its past earnings decline of 35% per year.
- In contrast, the Electric Utilities industry is expected to see its earnings decline by 141% 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 | |
|---|---|---|---|---|---|
| ENGI Engie | €15.92 | 3.9% +€1.4b | 7.5% | PE7.8x | |
| VIE Veolia Environnement | €30.07 | 3.1% +€657.4m | 15.2% | PE20.2x | |
| NEOEN Neoen | €39.20 | 0.03% +€1.5m | 59.1% | PE66x | |
| MLEDR Compagnie des Eaux de Royan | €62.00 | 6.0% +€627.2k | -26.2% | PE41.1x | |
| ALMIN MINT Société anonyme | €3.48 | 2.4% +€472.0k | 21.3% | PE1.2x |
