Returns At Neoen (EPA:NEOEN) Appear To Be Weighed Down
Dec 14
French (CAC) Renewable Energy Industry Analysis
UpdatedJan 27, 2023
DataAggregated Company Financials
Companies8
- 7D0.3%
- 3M-2.3%
- 1Y10.8%
- YTD2.8%
The Renewable Energy is pretty flat in the last 7 days, but Hydrogène de France Société anonyme has stood out, gaining 8.6%. As for the the longer term, the industry is up 11% over the past 12 months. As for the next few years, earnings are expected to grow by 23% per annum.
Industry Valuation and Performance
Has the French Renewable Energy Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 27 Jan 2023 | €8.1b | €1.5b | €85.4m | 152.7x | 94.4x | 5.2x |
| Sun, 25 Dec 2022 | €8.3b | €1.5b | €85.4m | 144.4x | 96.9x | 5.3x |
| Tue, 22 Nov 2022 | €7.6b | €1.5b | €85.4m | 105.4x | 89.3x | 4.9x |
| Thu, 20 Oct 2022 | €7.3b | €1.5b | €85.6m | 63.4x | 85.3x | 4.7x |
| Sat, 17 Sep 2022 | €8.2b | €1.5b | €67.8m | 61.7x | 121.1x | 5.5x |
| Mon, 15 Aug 2022 | €8.6b | €1.5b | €67.8m | 71.4x | 127.2x | 5.8x |
| Wed, 13 Jul 2022 | €8.4b | €1.4b | €94.9m | 36.6x | 88.7x | 6.1x |
| Fri, 10 Jun 2022 | €8.3b | €1.4b | €95.2m | 48.7x | 87x | 6x |
| Sun, 08 May 2022 | €7.9b | €1.4b | €94.9m | 42.8x | 83.6x | 5.8x |
| Tue, 05 Apr 2022 | €8.0b | €1.4b | €96.7m | 42.8x | 82.5x | 5.8x |
| Thu, 03 Mar 2022 | €6.7b | €1.1b | €41.4m | 42.8x | 162.7x | 6x |
| Sat, 29 Jan 2022 | €6.3b | €1.1b | €41.4m | 36.4x | 151.9x | 5.6x |
| Mon, 27 Dec 2021 | €7.3b | €1.1b | €43.2m | 45x | 169.2x | 6.5x |
| Wed, 24 Nov 2021 | €7.4b | €1.1b | €43.2m | 45x | 171.5x | 6.6x |
| Fri, 22 Oct 2021 | €7.9b | €1.1b | €43.2m | 56.2x | 182.6x | 7x |
| Sun, 19 Sep 2021 | €7.2b | €1.1b | €48.8m | 29.6x | 147.9x | 6.8x |
| Tue, 17 Aug 2021 | €7.4b | €1.1b | €48.8m | 105.9x | 151x | 6.9x |
| Tue, 01 Jun 2021 | €6.9b | €1.1b | €58.0m | 105.9x | 118.7x | 6.5x |
| Fri, 05 Mar 2021 | €7.6b | €1.0b | €67.2m | 189.5x | 113x | 7.3x |
| Mon, 07 Dec 2020 | €7.6b | €1.0b | €70.1m | 118.1x | 108.3x | 7.4x |
| Thu, 10 Sep 2020 | €7.3b | €1.0b | €72.9m | 112x | 100.6x | 7.2x |
| Wed, 03 Jun 2020 | €5.3b | €978.2m | €70.5m | 120.1x | 75.1x | 5.4x |
| Sat, 07 Mar 2020 | €5.2b | €938.0m | €68.2m | 118.1x | 76.3x | 5.5x |
Price to Earnings Ratio
72.8x
Current Industry PE
- Investors are pessimistic on the French 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 94.4x which is lower than its 3-year average PE of 113x.
- The 3-year average PS ratio of 6.2x is higher than the industry's current PS ratio of 5.2x.
Past Earnings Growth
- The earnings for companies in the Renewable Energy industry have grown 7.8% per year over the last three years.
- Revenues for these companies have grown 18% 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 French Utilities industry?
| FR Market | 2.15% | |
| Utilities | 2.37% | |
| Renewable Energy | 0.34% | |
| Independent Power Producers and Energy Traders | 6.37% | |
| Renewable Energy | 0.27% | |
Industry PE
- Investors are most optimistic about the Independent Power Producers and Energy Traders industry which is trading above its 3-year average PE ratio of 272x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Renewable Energy industry, which is trading below its 3-year average of 112x.
Forecasted Growth
- Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 23% over the next 5 years.
- In contrast, the Renewable Energy industry is expected to see its earnings grow by 23% 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 | |
|---|---|---|---|---|---|
| HDF Hydrogène de France Société anonyme | €22.00 | 8.6% +€24.0m | -22.3% | PS135.5x | |
| VLTSA Voltalia | €18.06 | 0.9% +€20.9m | 5.4% | PE152.7x | |
| MLHOP Participation Industrielle Miniere Société Anonyme | €24.80 | 10.7% +€4.2m | 148.0% | n/a | |
| ALCWE Charwood Energy | €8.32 | 2.7% +€1.1m | n/a | PE209.4x |