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U.K. (FTSE) Renewable Energy Industry Analysis
UpdatedDec 26, 2024
DataAggregated Company Financials
Companies4
- 7D0.8%
- 3M2.9%
- 1Y28.7%
- YTD28.5%
The Renewable Energy industry has stayed flat over the last week. The past year has been better, since the industry has gained 29% in that time. Looking forward, earnings are forecast to decline by 28% per year.
Industry Valuation and Performance
Has the U.K. Renewable Energy Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 26 Dec 2024 | UK£2.7b | UK£8.2b | UK£680.7m | 5.8x | 4x | 0.3x |
| Sat, 23 Nov 2024 | UK£2.8b | UK£8.2b | UK£680.7m | 5.9x | 4.2x | 0.3x |
| Mon, 21 Oct 2024 | UK£2.8b | UK£8.2b | UK£680.9m | 5.5x | 4.1x | 0.3x |
| Wed, 18 Sep 2024 | UK£2.8b | UK£8.0b | UK£669.3m | 6.6x | 4.2x | 0.3x |
| Fri, 16 Aug 2024 | UK£2.9b | UK£8.1b | UK£677.9m | 7.7x | 4.2x | 0.4x |
| Sun, 14 Jul 2024 | UK£2.5b | UK£8.8b | UK£586.3m | 9.1x | 4.3x | 0.3x |
| Tue, 11 Jun 2024 | UK£2.3b | UK£8.8b | UK£585.1m | 9.6x | 3.8x | 0.3x |
| Thu, 09 May 2024 | UK£2.4b | UK£8.8b | UK£585.0m | 8.9x | 4.2x | 0.3x |
| Sat, 06 Apr 2024 | UK£2.2b | UK£8.8b | UK£585.1m | 10.2x | 3.8x | 0.3x |
| Mon, 04 Mar 2024 | UK£2.1b | UK£8.8b | UK£576.0m | 3.2x | 3.6x | 0.2x |
| Wed, 31 Jan 2024 | UK£4.0b | UK£11.1b | UK£336.8m | 10.8x | 12x | 0.4x |
| Fri, 29 Dec 2023 | UK£4.0b | UK£11.1b | UK£336.8m | 10.6x | 11.9x | 0.4x |
| Sun, 26 Nov 2023 | UK£3.7b | UK£11.1b | UK£336.8m | 10x | 11.1x | 0.3x |
| Tue, 24 Oct 2023 | UK£3.6b | UK£11.1b | UK£336.7m | 9.8x | 10.8x | 0.3x |
| Thu, 21 Sep 2023 | UK£4.0b | UK£11.0b | UK£334.8m | 10.8x | 11.8x | 0.4x |
| Sat, 19 Aug 2023 | UK£4.2b | UK£11.0b | UK£323.6m | 11.4x | 13x | 0.4x |
| Mon, 17 Jul 2023 | UK£4.2b | UK£10.4b | UK£224.4m | 16.5x | 18.8x | 0.4x |
| Wed, 14 Jun 2023 | UK£4.2b | UK£10.4b | UK£192.5m | 17.4x | 22x | 0.4x |
| Fri, 12 May 2023 | UK£4.4b | UK£10.4b | UK£192.1m | 16.2x | 22.8x | 0.4x |
| Sun, 09 Apr 2023 | UK£4.4b | UK£10.4b | UK£190.3m | 15.7x | 23.2x | 0.4x |
| Tue, 07 Mar 2023 | UK£4.5b | UK£10.3b | UK£184.0m | 16.4x | 24.4x | 0.4x |
| Thu, 02 Feb 2023 | UK£4.6b | UK£9.0b | UK£309.5m | 12.4x | 14.8x | 0.5x |
| Sat, 31 Dec 2022 | UK£4.8b | UK£9.0b | UK£309.7m | 11x | 15.4x | 0.5x |
| Mon, 28 Nov 2022 | UK£4.3b | UK£9.0b | UK£309.7m | 10.9x | 14x | 0.5x |
| Wed, 26 Oct 2022 | UK£3.9b | UK£9.1b | UK£316.4m | 9.6x | 12.4x | 0.4x |
| Fri, 23 Sep 2022 | UK£4.7b | UK£9.1b | UK£346.7m | 10.3x | 13.6x | 0.5x |
| Sun, 21 Aug 2022 | UK£4.9b | UK£8.9b | UK£342.0m | 12.5x | 14.2x | 0.5x |
| Tue, 19 Jul 2022 | UK£3.1b | UK£5.4b | UK£32.6m | 19.2x | 94.9x | 0.6x |
| Thu, 16 Jun 2022 | UK£2.7b | UK£5.4b | UK£50.3m | 20.9x | 53.3x | 0.5x |
| Sat, 14 May 2022 | UK£3.2b | UK£5.4b | UK£47.1m | 18.2x | 67.8x | 0.6x |
| Mon, 11 Apr 2022 | UK£3.4b | UK£5.4b | UK£47.4m | 19.7x | 72.7x | 0.6x |
| Wed, 09 Mar 2022 | UK£3.0b | UK£5.3b | UK£47.0m | 25.2x | 64.3x | 0.6x |
| Fri, 04 Feb 2022 | UK£2.6b | UK£4.6b | -UK£133,439,625.00 | 26.5x | -19.8x | 0.6x |
| Sun, 02 Jan 2022 | UK£2.6b | UK£4.6b | -UK£132,074,005.00 | 25x | -20x | 0.6x |
Price to Earnings Ratio
-20x
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 4.0x which is lower than its 3-year average PE of 18.8x.
- The industry is trading close to its 3-year average PS ratio of 0.45x.
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 21% 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 | -0.62% | |
| Utilities | 0.94% | |
| Renewable Energy | 0.75% | |
| Independent Power Producers and Energy Traders | 2.53% | |
| Renewable Energy | 0.48% | |
Industry PE
- Investors are most optimistic about the Independent Power Producers and Energy Traders industry even though it's trading below its 3-year average PE ratio of 20.7x.
- Analysts are expecting annual earnings decline of 1.7%, which is lower than the prior year's growth of 400.4% per year.
- Investors are most pessimistic about the Renewable Energy industry, which is trading below its 3-year average of 34.7x.
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 1.7% per year over the next 5 years, which isn't as bad as the other industries.
- This is a reversal from its past annual earnings growth rate of 400% per year.
- In contrast, the Renewable Energy industry is expected to see its earnings decline by 32% 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 | |
|---|---|---|---|---|---|
| DRX Drax Group | UK£6.33 | 0.5% +UK£11.2m | 28.6% | PE3.6x | |
| YU. Yü Group | UK£18.05 | 2.0% +UK£5.9m | 47.3% | PE7.9x | |
| GOOD Good Energy Group | UK£3.75 | 4.7% +UK£3.1m | 6.5% | PS0.4x | |
| BCE Beacon Energy | UK£0.00004 | 33.3% +UK£185.1k | -95.9% | PS0.7x |