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Greek (ASE) Renewable Energy Industry Analysis
UpdatedNov 22, 2024
DataAggregated Company Financials
Companies1
- 7D0.3%
- 3M3.4%
- 1Y32.1%
- YTD23.3%
Over the last 7 days, the Renewable Energy industry has remained flat. The past year has been better, since the industry has gained 30% in that time. Earnings are forecast to grow by 13% annually.
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, 22 Nov 2024 | €2.3b | €373.2m | €69.1m | 33.7x | 33.7x | 6.2x |
| Sun, 20 Oct 2024 | €2.3b | €373.2m | €69.1m | 33.4x | 33.4x | 6.2x |
| Tue, 17 Sep 2024 | €2.3b | €355.6m | €68.6m | 33.2x | 33.2x | 6.4x |
| Thu, 15 Aug 2024 | €2.3b | €355.6m | €68.6m | 32.9x | 32.9x | 6.3x |
| Sat, 13 Jul 2024 | €2.3b | €355.6m | €68.6m | 33.1x | 33.1x | 6.4x |
| Mon, 10 Jun 2024 | €2.2b | €355.6m | €68.6m | 32x | 32x | 6.2x |
| Wed, 08 May 2024 | €2.2b | €327.8m | €62.1m | 34.7x | 34.7x | 6.6x |
| Fri, 05 Apr 2024 | €2.1b | €315.0m | €28.1m | 75.7x | 75.7x | 6.8x |
| Sun, 03 Mar 2024 | €1.9b | €315.0m | €28.1m | 68.9x | 68.9x | 6.2x |
| Tue, 30 Jan 2024 | €1.7b | €315.0m | €28.1m | 62x | 62x | 5.5x |
| Thu, 28 Dec 2023 | €1.9b | €315.0m | €28.1m | 66x | 66x | 5.9x |
| Sat, 25 Nov 2023 | €1.8b | €315.0m | €28.1m | 62.9x | 62.9x | 5.6x |
| Mon, 23 Oct 2023 | €1.7b | €287.8m | €12.6m | 135.1x | 135.1x | 5.9x |
| Wed, 20 Sep 2023 | €1.8b | €290.1m | €241.0k | 7588.1x | 7588.1x | 6.3x |
| Fri, 18 Aug 2023 | €1.9b | €290.1m | €241.0k | 7831.8x | 7831.8x | 6.5x |
| Sun, 16 Jul 2023 | €2.2b | €290.1m | €241.0k | 8923.4x | 8923.4x | 7.4x |
| Tue, 13 Jun 2023 | €2.3b | €290.1m | €241.0k | 9694.2x | 9694.2x | 8.1x |
| Thu, 11 May 2023 | €2.3b | €298.0m | €7.3m | 311.7x | 311.7x | 7.7x |
| Sat, 08 Apr 2023 | €2.2b | €607.2m | €173.3m | 13x | 13x | 3.7x |
| Mon, 06 Mar 2023 | €2.2b | €607.2m | €173.3m | 12.9x | 12.9x | 3.7x |
| Wed, 01 Feb 2023 | €2.3b | €607.2m | €173.3m | 13.3x | 13.3x | 3.8x |
| Fri, 30 Dec 2022 | €2.3b | €607.2m | €173.3m | 13.5x | 13.5x | 3.8x |
| Sun, 27 Nov 2022 | €2.3b | €542.6m | €77.0m | 29.9x | 29.9x | 4.2x |
| Tue, 25 Oct 2022 | €2.1b | €542.6m | €77.0m | 27.2x | 27.2x | 3.9x |
| Thu, 22 Sep 2022 | €1.8b | €405.4m | €71.8m | 25.7x | 25.7x | 4.6x |
| Sat, 20 Aug 2022 | €2.0b | €405.4m | €71.8m | 27.6x | 27.6x | 4.9x |
| Mon, 18 Jul 2022 | €1.8b | €405.4m | €71.8m | 25.7x | 25.7x | 4.6x |
| Wed, 15 Jun 2022 | €1.9b | €405.4m | €71.8m | 26.5x | 26.5x | 4.7x |
| Fri, 13 May 2022 | €1.9b | €405.4m | €71.8m | 26.3x | 26.3x | 4.7x |
| Sun, 10 Apr 2022 | €1.9b | €398.4m | -€37,205,000.00 | n/a | -51.7x | 4.8x |
| Tue, 08 Mar 2022 | €1.5b | €398.4m | -€37,205,000.00 | n/a | -40x | 3.7x |
| Thu, 03 Feb 2022 | €1.5b | €398.4m | -€37,205,000.00 | n/a | -40.1x | 3.7x |
| Sat, 01 Jan 2022 | €1.6b | €398.4m | -€37,205,000.00 | n/a | -42.2x | 3.9x |
| Mon, 29 Nov 2021 | €1.5b | €350.9m | €72.8m | 21.3x | 21.3x | 4.4x |
Price to Earnings Ratio
21.3x
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
- The earnings for companies in the Renewable Energy industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 2.1% 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 and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Greek Utilities industry?
| GR Market | -2.09% | |
| Utilities | -2.81% | |
| Renewable Energy | 0.25% | |
| Renewable Energy | 0.25% | |
| 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 940x.
- Analysts are expecting annual earnings growth of 12.9%, which is lower than the prior year's growth of 538.3% per year.
- Investors are most pessimistic about the Renewable Energy industry, which is trading below its 3-year average of 940x.
Forecasted Growth
- Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 13% over the next 5 years.
- In contrast, the Renewable Energy industry is expected to see its earnings grow 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TENERGY TERNA ENERGY Industrial Commercial Technical Societe Anonyme | €19.81 | 0.3% +€5.9m | 32.1% | PE33.7x |