French (CAC) Renewable Energy Industry Analysis

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
Mon, 15 Apr 2024	€6.0b	€1.1b	€124.5m	28.6x	48.3x	5.7x
Wed, 13 Mar 2024	€4.7b	€1.0b	€124.8m	24.1x	37.4x	4.5x
Fri, 09 Feb 2024	€4.9b	€1.1b	€133.0m	23.6x	37.2x	4.7x
Sun, 07 Jan 2024	€7.3b	€1.7b	€190.0m	24.5x	38.5x	4.3x
Tue, 05 Dec 2023	€7.2b	€1.7b	€190.0m	26.6x	37.9x	4.3x
Thu, 02 Nov 2023	€6.6b	€1.7b	€190.0m	25.2x	34.8x	3.9x
Sat, 30 Sep 2023	€7.4b	€1.7b	€191.2m	26.6x	38.6x	4.4x
Mon, 28 Aug 2023	€8.2b	€1.7b	€206.0m	26.6x	39.6x	4.8x
Wed, 26 Jul 2023	€8.5b	€1.6b	€92.8m	24.8x	91.8x	5.2x
Fri, 23 Jun 2023	€8.3b	€1.6b	€93.6m	26.7x	88.9x	5.1x
Sun, 21 May 2023	€7.9b	€1.6b	€91.6m	59x	86.6x	4.9x
Tue, 18 Apr 2023	€6.7b	€1.6b	€92.7m	53.4x	72.7x	4.2x
Thu, 16 Mar 2023	€7.2b	€1.7b	€115.1m	70.8x	62.5x	4.3x
Sat, 11 Feb 2023	€8.1b	€1.5b	€85.4m	148.8x	94.4x	5.2x
Mon, 09 Jan 2023	€8.1b	€1.5b	€85.4m	149.5x	94.9x	5.2x
Wed, 07 Dec 2022	€8.3b	€1.5b	€85.4m	148.1x	97.5x	5.4x
Fri, 04 Nov 2022	€7.5b	€1.5b	€85.4m	120.9x	88.1x	4.9x
Sun, 02 Oct 2022	€7.3b	€1.6b	€85.6m	66.5x	85.5x	4.7x
Tue, 30 Aug 2022	€8.4b	€1.5b	€67.8m	66.6x	124.6x	5.6x
Thu, 28 Jul 2022	€8.4b	€1.4b	€93.3m	66.1x	90x	5.8x
Sat, 25 Jun 2022	€7.8b	€1.4b	€94.9m	61x	82.3x	5.7x
Mon, 23 May 2022	€8.4b	€1.4b	€94.9m	48.7x	89x	6.2x
Wed, 20 Apr 2022	€7.8b	€1.4b	€94.9m	42.8x	82.3x	5.7x
Fri, 18 Mar 2022	€7.9b	€1.2b	€100.6m	71.2x	78.6x	6.5x
Sun, 13 Feb 2022	€6.1b	€1.1b	€41.4m	42.8x	148x	5.4x
Tue, 11 Jan 2022	€6.8b	€1.1b	€43.2m	45x	158.1x	6x
Thu, 09 Dec 2021	€7.1b	€1.1b	€43.2m	45x	163.4x	6.2x
Sat, 06 Nov 2021	€7.6b	€1.1b	€43.2m	56.2x	175.4x	6.7x
Mon, 04 Oct 2021	€7.4b	€1.1b	€43.2m	56.2x	170.8x	6.5x
Wed, 01 Sep 2021	€7.8b	€1.1b	€48.8m	105.9x	160.4x	7.3x
Thu, 08 Jul 2021	€7.7b	€1.1b	€48.8m	105.9x	158.6x	7.3x

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 48.3x which is lower than its 3-year average PE of 96.9x.

The industry is trading close to its 3-year average PS ratio of 5.5x.

Past Earnings Growth

The earnings for companies in the Renewable Energy industry have grown 29% per year over the last three years, while revenues have remained mostly flat.
This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the French Utilities industry?


FR Market	-0.89%
Utilities	1.39%
Renewable Energy	4.99%
Renewable Energy	5.02%
Independent Power Producers and Energy Traders	1.69%

Industry PE

Investors are most optimistic about the Renewable Energy industry even though it's trading below its 3-year average PE ratio of 96.6x.

Analysts are expecting annual earnings growth of 8.3%, which is lower than the prior year's growth of 232.3% per year.

Forecasted Growth

Analysts are most optimistic on the Independent Power Producers and Energy Traders industry, expecting annual earnings growth of 37% over the next 5 years.
This is better than its past earnings decline of 1.7% per year.

In contrast, the Renewable Energy industry is expected to see its earnings grow by 8.3% 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
NEOEN Neoen	€29.86	4.9% +€212.5m	6.3%	PE30.2x
VLTSA Voltalia	€8.04	7.9% +€77.3m	-41.7%	PE35.1x
ALCWE Charwood Energy	€3.96	2.6% +€519.8k	-41.6%	PS4.8x
HDF Hydrogène de France Société anonyme	€6.88	0.4% +€429.7k	-55.8%	PS28.5x
ALMCE Mon Courtier Energie Groupe	€8.16	1.2% +€362.5k	n/a	PE24.9x