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U.K. (FTSE) Renewable Energy Industry Analysis

UpdatedFeb 29, 2024
DataAggregated Company Financials
Companies6
  • 7D-0.5%
  • 3M-3.5%
  • 1Y-27.4%
  • YTD-13.5%

The Renewable Energy is pretty flat in the last 7 days, but Yü Group has stood out, gaining 10%. As for the longer term, the industry has declined 27% in the last year. Earnings are forecast to grow by 3.3% annually.

Industry Valuation and Performance

Has the U.K. Renewable Energy Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 01 Mar 2024UK£1.9bUK£9.0bUK£198.1m8.7x9.5x0.2x
Sun, 28 Jan 2024UK£4.0bUK£11.1bUK£336.8m10.7x11.9x0.4x
Tue, 26 Dec 2023UK£4.0bUK£11.1bUK£336.8m10.6x11.8x0.4x
Thu, 23 Nov 2023UK£3.7bUK£11.1bUK£336.7m10x11.1x0.3x
Sat, 21 Oct 2023UK£3.7bUK£11.1bUK£336.7m9.8x10.9x0.3x
Mon, 18 Sep 2023UK£3.9bUK£11.0bUK£323.6m10.7x12.2x0.4x
Wed, 16 Aug 2023UK£4.2bUK£11.0bUK£323.6m11.5x13x0.4x
Fri, 14 Jul 2023UK£4.2bUK£10.4bUK£224.4m16.7x18.9x0.4x
Sun, 11 Jun 2023UK£4.2bUK£10.4bUK£192.4m16.7x21.8x0.4x
Tue, 09 May 2023UK£4.4bUK£10.4bUK£192.3m16.6x23x0.4x
Thu, 06 Apr 2023UK£4.4bUK£10.4bUK£190.3m15.4x23.1x0.4x
Sat, 04 Mar 2023UK£4.5bUK£10.3bUK£184.0m16.4x24.5x0.4x
Mon, 30 Jan 2023UK£4.5bUK£9.0bUK£309.5m12.1x14.6x0.5x
Wed, 28 Dec 2022UK£4.8bUK£9.0bUK£309.7m11x15.4x0.5x
Fri, 25 Nov 2022UK£4.3bUK£9.0bUK£309.3m10.9x14x0.5x
Sun, 23 Oct 2022UK£3.8bUK£9.2bUK£319.5m9x11.8x0.4x
Tue, 20 Sep 2022UK£4.7bUK£9.0bUK£347.4m11.8x13.4x0.5x
Thu, 18 Aug 2022UK£4.8bUK£8.9bUK£339.1m12.5x14.3x0.5x
Sat, 16 Jul 2022UK£3.1bUK£5.4bUK£32.6m19.2x94.9x0.6x
Mon, 13 Jun 2022UK£2.9bUK£5.4bUK£50.4m21.5x57.4x0.5x
Wed, 11 May 2022UK£3.3bUK£5.4bUK£47.2m18.2x69.9x0.6x
Fri, 08 Apr 2022UK£3.5bUK£5.4bUK£47.4m19.7x73.5x0.6x
Sun, 06 Mar 2022UK£2.9bUK£5.3bUK£47.1m26.2x61.8x0.5x
Tue, 01 Feb 2022UK£2.6bUK£4.6b-UK£133,489,752.0026.5x-19.5x0.6x
Thu, 30 Dec 2021UK£2.7bUK£4.6b-UK£132,083,737.0024.8x-20.2x0.6x
Sat, 27 Nov 2021UK£2.4bUK£4.6b-UK£132,110,127.0024.8x-18.1x0.5x
Mon, 25 Oct 2021UK£2.4bUK£4.6b-UK£138,826,856.0023.1x-17.1x0.5x
Wed, 22 Sep 2021UK£2.2bUK£4.5b-UK£137,452,011.0026.5x-16.2x0.5x
Fri, 20 Aug 2021UK£1.9bUK£4.5b-UK£132,073,327.16450x-14.3x0.4x
Fri, 04 Jun 2021UK£2.0bUK£4.5b-UK£166,873,327.16402.6x-11.8x0.4x
Mon, 08 Mar 2021UK£1.7bUK£4.5b-UK£201,673,327.16277.5x-8.7x0.4x
Price to Earnings Ratio

-8.7x


Total Market Cap: UK£1.7bTotal Earnings: -UK£201,673,327.16Total Revenue: UK£4.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Renewable Energy Industry Price to Earnings3Y Average 14.5x202220232024
Current Industry PE
  • Investors are pessimistic on the British 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 9.5x which is lower than its 3-year average PE of 14.5x.
  • The industry is trading close to its 3-year average PS ratio of 0.49x.
Past Earnings Growth
  • Total earnings for the Renewable Energy industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 26% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

Which industries have driven the changes within the U.K. Utilities industry?

GB Market-0.72%
Utilities-1.17%
Renewable Energy-0.46%
Independent Power Producers and Energy Traders8.41%
Renewable Energy-1.83%
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 13.7x.
    • Analysts are expecting annual earnings decline of 7.6%, which is worse than the prior year's decline of 4.1%.
  • Investors are most pessimistic about the Renewable Energy industry, which is trading below its 3-year average of 34.7x.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 3.6% over the next 5 years.
  • This is better than its past earnings decline of 12% per year.
  • In contrast, the Independent Power Producers and Energy Traders industry is expected to see its earnings decline by 7.6% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
DRX Drax GroupUK£4.669.6%
+UK£156.9m
-26.5%PE9.7x
YU. Yü GroupUK£12.507.8%
+UK£15.1m
62.3%PE27.4x
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Latest News

DRX

UK£4.66

Drax Group

7D

9.6%

1Y

-26.5%

GOOD

UK£2.65

Good Energy Group

7D

-7.7%

1Y

59.6%

BCE

UK£0.00052

Beacon Energy

7D

-36.6%

1Y

n/a