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U.K. (FTSE) Renewable Energy Industry Analysis

UpdatedMar 18, 2024
DataAggregated Company Financials
Companies6
  • 7D-2.1%
  • 3M-1.0%
  • 1Y-17.4%
  • YTD-4.4%

Over the last 7 days, the Renewable Energy industry has dropped 2.1%, driven by Drax Group declining 4.2%. However, the industry is down 17% over the past year. Looking forward, earnings are forecast to decline by 13% per year.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 18 Mar 2024UK£2.1bUK£8.8bUK£579.4m3.2x3.6x0.2x
Wed, 14 Feb 2024UK£1.9bUK£9.0bUK£198.1m9x9.6x0.2x
Fri, 12 Jan 2024UK£4.1bUK£11.1bUK£336.8m10.9x12.2x0.4x
Sun, 10 Dec 2023UK£3.9bUK£11.1bUK£336.7m10.4x11.6x0.4x
Tue, 07 Nov 2023UK£3.7bUK£11.1bUK£336.7m10x11.1x0.3x
Thu, 05 Oct 2023UK£3.7bUK£11.1bUK£336.7m9.7x11.1x0.3x
Sat, 02 Sep 2023UK£4.1bUK£11.0bUK£323.6m11.2x12.8x0.4x
Mon, 31 Jul 2023UK£4.3bUK£11.0bUK£323.6m11.8x13.3x0.4x
Wed, 28 Jun 2023UK£4.1bUK£10.4bUK£192.7m16.4x21.3x0.4x
Fri, 26 May 2023UK£4.4bUK£10.4bUK£191.9m14.5x23.1x0.4x
Sun, 23 Apr 2023UK£4.5bUK£10.4bUK£192.0m16.5x23.3x0.4x
Tue, 21 Mar 2023UK£4.3bUK£10.4bUK£180.8m19.7x23.6x0.4x
Thu, 16 Feb 2023UK£4.5bUK£9.0bUK£309.5m12.7x14.6x0.5x
Sat, 14 Jan 2023UK£4.6bUK£9.0bUK£309.6m11.5x15x0.5x
Mon, 12 Dec 2022UK£4.3bUK£9.0bUK£307.2m11.1x14.2x0.5x
Wed, 09 Nov 2022UK£4.0bUK£9.1bUK£316.7m10.1x12.7x0.4x
Fri, 07 Oct 2022UK£4.1bUK£9.2bUK£352.2m10.2x11.5x0.4x
Sun, 04 Sep 2022UK£4.5bUK£9.0bUK£345.1m11.6x13.1x0.5x
Tue, 02 Aug 2022UK£3.4bUK£6.8bUK£187.7m15.1x17.9x0.5x
Thu, 30 Jun 2022UK£2.8bUK£5.4bUK£32.7m20.9x84.8x0.5x
Sat, 28 May 2022UK£2.8bUK£5.4bUK£47.3m18.4x59.6x0.5x
Mon, 25 Apr 2022UK£3.3bUK£5.4bUK£47.3m18.8x70.2x0.6x
Wed, 23 Mar 2022UK£3.1bUK£5.3bUK£47.1m27.6x65.9x0.6x
Fri, 18 Feb 2022UK£2.7bUK£4.6b-UK£133,437,639.0026.5x-19.9x0.6x
Sun, 16 Jan 2022UK£2.6bUK£4.6b-UK£132,053,428.0026.5x-20x0.6x
Tue, 14 Dec 2021UK£2.4bUK£4.6b-UK£132,121,277.0025.6x-18.4x0.5x
Thu, 11 Nov 2021UK£2.3bUK£4.6b-UK£132,080,596.0026.3x-17.5x0.5x
Sat, 09 Oct 2021UK£2.3bUK£4.6b-UK£138,873,524.0025x-16.4x0.5x
Mon, 06 Sep 2021UK£2.0bUK£4.5b-UK£137,700,613.1624.9x-14.2x0.4x
Wed, 04 Aug 2021UK£1.8bUK£4.5b-UK£132,073,327.16453.3x-13.7x0.4x
Sat, 08 May 2021UK£1.9bUK£4.5b-UK£166,873,327.16388.9x-11.2x0.4x
Price to Earnings Ratio

-11.5x


Total Market Cap: UK£1.9bTotal Earnings: -UK£166,873,327.16Total Revenue: UK£4.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Renewable Energy Industry Price to Earnings3Y Average 14.3x202220232024
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 3.6x which is lower than its 3-year average PE of 14.3x.
  • 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 25% 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 Market0.65%
Utilities-0.73%
Renewable Energy-2.06%
Independent Power Producers and Energy Traders2.75%
Renewable Energy-2.75%
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 13.8x.
    • 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 34.2x.
Forecasted Growth
  • Despite it being negative, analysts are least pessimistic on the Independent Power Producers and Energy Traders industry since they expect its earnings to decline by only 7.6% per year over the next 5 years, which isn't as bad as the other industries.
  • This is even lower than its past earnings decline of 4.1% per year.
  • In contrast, the Renewable Energy industry is expected to see its earnings decline by 13% 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
YU. Yü GroupUK£13.202.7%
+UK£5.9m
133.6%PE28.9x
BCE Beacon EnergyUK£0.0005210.6%
+UK£925.6k
n/aPB26.7x
AEIP Asian Energy Impact TrustUK£0.153.4%
+UK£878.4k
-83.0%PB0.4x
GOOD Good Energy GroupUK£2.661.5%
+UK£725.4k
41.9%PE2.4x
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