Ceres Power Holdings plc's (LON:CWR) 28% Price Boost Is Out Of Tune With Revenues
May 03
U.K. (FTSE) Electrical Industry Analysis
UpdatedJun 05, 2024
DataAggregated Company Financials
Companies22
- 7D-0.2%
- 3M15.6%
- 1Y-8.0%
- YTD7.2%
Last week, the Electrical industry hasn't moved much but ITM Power is up 15% in that time. As for the longer term, the industry has declined 8.0% in the last year. As for the next few years, earnings are expected to grow by 28% per annum.
Industry Valuation and Performance
Has the U.K. Electrical Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 05 Jun 2024 | UK£4.0b | UK£2.1b | -UK£178,611,503.00 | 17.7x | -22.3x | 1.9x |
| Fri, 03 May 2024 | UK£3.5b | UK£2.1b | -UK£222,527,861.00 | 18.6x | -15.9x | 1.6x |
| Sun, 31 Mar 2024 | UK£3.4b | UK£2.1b | -UK£184,673,478.00 | 17x | -18.4x | 1.6x |
| Tue, 27 Feb 2024 | UK£3.3b | UK£2.1b | -UK£155,455,862.00 | 16.2x | -21.3x | 1.5x |
| Thu, 25 Jan 2024 | UK£3.7b | UK£2.2b | -UK£188,596,651.00 | 18.4x | -19.7x | 1.7x |
| Sat, 23 Dec 2023 | UK£3.7b | UK£2.2b | -UK£194,218,958.00 | 18.2x | -19.1x | 1.7x |
| Mon, 20 Nov 2023 | UK£3.5b | UK£2.2b | -UK£193,492,352.00 | 16.9x | -18.2x | 1.6x |
| Wed, 18 Oct 2023 | UK£3.6b | UK£2.2b | -UK£192,855,775.00 | 16.1x | -18.4x | 1.6x |
| Fri, 15 Sep 2023 | UK£4.3b | UK£2.1b | -UK£194,314,041.00 | 20.7x | -22.4x | 2.1x |
| Sun, 13 Aug 2023 | UK£4.3b | UK£2.1b | -UK£183,104,907.00 | 19.9x | -23.7x | 2.1x |
| Tue, 11 Jul 2023 | UK£4.0b | UK£2.1b | -UK£267,964,098.00 | 20.3x | -15x | 1.9x |
| Thu, 08 Jun 2023 | UK£4.2b | UK£2.0b | -UK£238,190,530.00 | 19.4x | -17.5x | 2.1x |
| Sat, 06 May 2023 | UK£4.3b | UK£2.0b | -UK£238,565,475.00 | 19.4x | -18.2x | 2.1x |
| Mon, 03 Apr 2023 | UK£4.2b | UK£2.0b | -UK£224,511,388.00 | 19.1x | -18.8x | 2.1x |
| Wed, 01 Mar 2023 | UK£4.6b | UK£2.0b | -UK£218,432,746.00 | 21.3x | -21x | 2.3x |
| Fri, 27 Jan 2023 | UK£4.6b | UK£2.0b | -UK£174,581,906.00 | 23.2x | -26.1x | 2.3x |
| Sun, 25 Dec 2022 | UK£4.2b | UK£2.0b | -UK£173,132,506.00 | 23x | -24x | 2.1x |
| Tue, 22 Nov 2022 | UK£4.3b | UK£2.0b | -UK£175,770,535.00 | 18.2x | -24.7x | 2.2x |
| Thu, 20 Oct 2022 | UK£3.9b | UK£1.9b | -UK£164,596,085.00 | 15.4x | -23.6x | 2x |
| Sat, 17 Sep 2022 | UK£4.5b | UK£1.9b | -UK£154,319,565.00 | 24.5x | -29.3x | 2.4x |
| Mon, 15 Aug 2022 | UK£6.0b | UK£1.9b | -UK£129,202,075.00 | 25.4x | -46.6x | 3.2x |
| Wed, 13 Jul 2022 | UK£5.3b | UK£1.9b | -UK£78,015,143.00 | 25.4x | -68.4x | 2.9x |
| Fri, 10 Jun 2022 | UK£6.2b | UK£1.9b | -UK£42,039,394.00 | 28.8x | -147.4x | 3.3x |
| Sun, 08 May 2022 | UK£6.8b | UK£1.9b | -UK£41,627,752.00 | 26.8x | -164.1x | 3.6x |
| Tue, 05 Apr 2022 | UK£7.8b | UK£1.9b | -UK£43,725,669.00 | 30.1x | -178.2x | 4.2x |
| Thu, 03 Mar 2022 | UK£7.6b | UK£1.8b | -UK£29,071,525.00 | 25.7x | -261.8x | 4.2x |
| Sat, 29 Jan 2022 | UK£7.1b | UK£1.8b | -UK£10,427,260.00 | 17.8x | -679.4x | 3.9x |
| Mon, 27 Dec 2021 | UK£9.7b | UK£1.8b | -UK£5,385,235.00 | 17.5x | -1807.8x | 5.4x |
| Wed, 24 Nov 2021 | UK£9.9b | UK£1.8b | -UK£5,181,542.00 | 26.7x | -1919.3x | 5.6x |
| Fri, 22 Oct 2021 | UK£9.7b | UK£1.7b | UK£3.0m | 27.2x | 3261.2x | 5.9x |
| Sun, 19 Sep 2021 | UK£9.7b | UK£1.6b | UK£4.4m | 28.3x | 2182.5x | 5.9x |
| Tue, 17 Aug 2021 | UK£9.2b | UK£1.6b | UK£232.5k | 23.2x | 39730.6x | 5.6x |
Price to Earnings Ratio
41089.3x
Current Industry PE
- Investors are pessimistic on the British Electrical industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 3.2x is higher than the industry's current PS ratio of 1.9x.
Past Earnings Growth
- Total earnings for the Electrical industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 9.3% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the U.K. Industrials industry?
| GB Market | -0.30% | |
| Industrials | 0.045% | |
| Electrical | -0.16% | |
| Heavy Electrical Equipment | 10.60% | |
| Electrical Components | -1.56% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 49% over the next 5 years.
- In contrast, the Electrical Components industry is expected to see its earnings grow by 24% 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 | |
|---|---|---|---|---|---|
| ITM ITM Power | UK£0.65 | 14.7% +UK£51.2m | -9.2% | PS33x | |
| CWR Ceres Power Holdings | UK£2.24 | 4.1% +UK£17.0m | -23.3% | PS19.4x | |
| LUCE Luceco | UK£1.80 | 4.2% +UK£11.1m | 46.0% | PE16.6x | |
| PODP Pod Point Group Holdings | UK£0.24 | 9.7% +UK£3.3m | -63.2% | PS0.6x | |
| DIA Dialight | UK£1.79 | 1.1% +UK£796.0k | -22.2% | PS0.5x |