Greek (ASE) Renewable Energy Industry Analysis
UpdatedMay 10, 2024
DataAggregated Company Financials
Companies1
- 7D2.6%
- 3M21.4%
- 1Y-5.3%
- YTD17.0%
The Renewable Energy industry has stayed flat over the last week. Unfortunately though, the industry is down 8.8% over the past 12 months. As for the next few years, earnings are expected to grow by 12% per annum.
Industry Valuation and Performance
Has the Greek Renewable Energy Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 10 May 2024 | €2.2b | €327.8m | €62.1m | 35.6x | 35.6x | 6.7x |
| Sun, 07 Apr 2024 | €2.1b | €315.0m | €28.1m | 75.8x | 75.8x | 6.8x |
| Tue, 05 Mar 2024 | €1.9b | €315.0m | €28.1m | 68.5x | 68.5x | 6.1x |
| Thu, 01 Feb 2024 | €1.8b | €315.0m | €28.1m | 62.8x | 62.8x | 5.6x |
| Sat, 30 Dec 2023 | €1.9b | €315.0m | €28.1m | 66.4x | 66.4x | 5.9x |
| Mon, 27 Nov 2023 | €1.8b | €315.0m | €28.1m | 62.9x | 62.9x | 5.6x |
| Wed, 25 Oct 2023 | €1.7b | €287.8m | €12.6m | 132.9x | 132.5x | 5.8x |
| Fri, 22 Sep 2023 | €1.8b | €290.1m | €241.0k | 7334.7x | 7334.7x | 6.1x |
| Sun, 20 Aug 2023 | €1.9b | €290.1m | €241.0k | 7919.5x | 7919.5x | 6.6x |
| Tue, 18 Jul 2023 | €2.1b | €290.1m | €241.0k | 8835.7x | 8835.7x | 7.3x |
| Thu, 15 Jun 2023 | €2.3b | €290.1m | €241.0k | 9627.3x | 9627.3x | 8x |
| Sat, 13 May 2023 | €2.3b | €298.0m | €7.3m | 310.7x | 310.7x | 7.7x |
| Mon, 10 Apr 2023 | €2.2b | €607.2m | €173.3m | 13x | 13x | 3.7x |
| Wed, 08 Mar 2023 | €2.2b | €607.2m | €173.3m | 12.6x | 12.6x | 3.6x |
| Fri, 03 Feb 2023 | €2.2b | €607.2m | €173.3m | 12.4x | 12.4x | 3.5x |
| Sun, 01 Jan 2023 | €2.3b | €607.2m | €173.3m | 13.5x | 13.5x | 3.8x |
| Tue, 29 Nov 2022 | €2.3b | €542.6m | €77.0m | 29.7x | 29.7x | 4.2x |
| Thu, 27 Oct 2022 | €2.1b | €542.6m | €77.0m | 27.8x | 27.8x | 3.9x |
| Sat, 24 Sep 2022 | €1.8b | €405.4m | €71.8m | 24.5x | 24.5x | 4.3x |
| Mon, 22 Aug 2022 | €2.0b | €405.4m | €71.8m | 27.6x | 27.6x | 4.9x |
| Wed, 20 Jul 2022 | €1.8b | €405.4m | €71.8m | 25.7x | 25.7x | 4.6x |
| Fri, 17 Jun 2022 | €1.8b | €405.4m | €71.8m | 25.7x | 25.7x | 4.6x |
| Sun, 15 May 2022 | €2.0b | €405.4m | €71.8m | 27.9x | 27.9x | 5x |
| Tue, 12 Apr 2022 | €1.9b | €398.4m | -€37,205,000.00 | n/a | -52.2x | 4.9x |
| Thu, 10 Mar 2022 | €1.6b | €398.4m | -€37,205,000.00 | n/a | -41.7x | 3.9x |
| Sat, 05 Feb 2022 | €1.5b | €398.4m | -€37,205,000.00 | n/a | -39.9x | 3.7x |
| Mon, 03 Jan 2022 | €1.6b | €398.4m | -€37,205,000.00 | n/a | -42.2x | 3.9x |
| Wed, 01 Dec 2021 | €1.6b | €350.9m | €72.8m | 21.4x | 21.4x | 4.4x |
| Fri, 29 Oct 2021 | €1.4b | €350.9m | €72.8m | 18.9x | 18.9x | 3.9x |
| Sun, 26 Sep 2021 | €1.3b | €333.4m | -€30,505,000.00 | n/a | -43.9x | 4x |
| Tue, 24 Aug 2021 | €1.4b | €333.4m | -€30,505,000.00 | n/a | -44.9x | 4.1x |
| Wed, 30 Jun 2021 | €1.4b | €333.4m | -€30,505,000.00 | n/a | -45.1x | 4.1x |
Price to Earnings Ratio
-44.5x
Current Industry PE
- There is only one company in the Greek Renewable Energy industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
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 remained mostly flat. This means that the industry has become more efficient since profits are increasing while sales have been flat.
Industry Trends
Which industries have driven the changes within the Greek Utilities industry?
| GR Market | 1.39% | |
| Utilities | 3.53% | |
| Renewable Energy | 2.56% | |
| Renewable Energy | 2.56% | |
| Independent Power Producers and Energy Traders | 0% | |
Industry PE
- Investors are most optimistic about the Renewable Energy industry even though it's trading below its 3-year average PE ratio of 954x.
- Analysts are expecting annual earnings growth of 12.2%, which is lower than the prior year's growth of 213.5% per year.
- Investors are most pessimistic about the Renewable Energy industry, which is trading below its 3-year average of 954x.
Forecasted Growth
- Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 12% over the next 5 years.
- In contrast, the Renewable Energy industry is expected to see its earnings grow by 12% 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 | |
|---|---|---|---|---|---|
| TENERGY TERNA ENERGY Industrial Commercial Technical Societe Anonyme | €18.80 | 2.6% +€55.2m | -5.3% | PE35.6x |