Is Econergy Renewable Energy (TLV:ECNR) A Risky Investment?
Jan 22
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- 7D5.5%
- 3M65.4%
- 1Y196.5%
- YTD44.4%
Over the last 7 days, the Renewable Energy industry has dropped 4.8%, driven by a pullback from Energix - Renewable Energies of 5.2%. On the other hand OPC Energy is actually up 11%. Over the past 12 months, the industry was up 176%. As for the next few years, earnings are expected to grow by 35% per annum.
Industry Valuation and Performance
Has the Israeli Renewable Energy Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 18 Mar 2026 | ₪130.0b | ₪9.4b | ₪1.8b | 78x | 72.6x | 13.8x |
| Fri, 13 Feb 2026 | ₪111.8b | ₪8.9b | ₪1.7b | 70.3x | 65.1x | 12.5x |
| Sun, 11 Jan 2026 | ₪90.6b | ₪9.0b | ₪1.8b | 55.2x | 51.4x | 10x |
| Tue, 09 Dec 2025 | ₪73.7b | ₪9.1b | ₪1.8b | 43x | 40x | 8.1x |
| Thu, 06 Nov 2025 | ₪68.4b | ₪8.9b | ₪2.0b | 39.7x | 34.8x | 7.7x |
| Sat, 04 Oct 2025 | ₪59.6b | ₪9.0b | ₪2.0b | 37.8x | 29.8x | 6.6x |
| Mon, 01 Sep 2025 | ₪56.9b | ₪9.0b | ₪2.1b | 32.9x | 26.7x | 6.4x |
| Wed, 30 Jul 2025 | ₪53.9b | ₪8.8b | ₪2.8b | 33.9x | 19.5x | 6.1x |
| Fri, 27 Jun 2025 | ₪46.8b | ₪8.8b | ₪2.8b | 31.4x | 16.8x | 5.3x |
| Sun, 25 May 2025 | ₪39.7b | ₪9.0b | ₪3.0b | 19.9x | 13.1x | 4.4x |
| Tue, 22 Apr 2025 | ₪36.9b | ₪9.1b | ₪2.9b | 26.4x | 12.6x | 4x |
| Thu, 20 Mar 2025 | ₪38.8b | ₪9.1b | ₪1.4b | 17.2x | 27.2x | 4.3x |
| Sat, 15 Feb 2025 | ₪39.7b | ₪8.8b | ₪1.3b | 23.5x | 30.2x | 4.5x |
| Mon, 13 Jan 2025 | ₪39.1b | ₪8.9b | ₪1.3b | 22.1x | 29x | 4.4x |
| Wed, 11 Dec 2024 | ₪37.0b | ₪8.8b | ₪1.3b | 21.8x | 27.9x | 4.2x |
| Fri, 08 Nov 2024 | ₪36.6b | ₪8.5b | ₪345.7m | 30.8x | 106x | 4.3x |
| Sun, 06 Oct 2024 | ₪37.3b | ₪8.6b | ₪347.2m | 32.4x | 107.3x | 4.3x |
| Tue, 03 Sep 2024 | ₪36.3b | ₪8.4b | -₪170,675,191.01 | 32.4x | -212.7x | 4.3x |
| Thu, 01 Aug 2024 | ₪33.8b | ₪8.2b | -₪103,057,305.89 | 28.5x | -327.8x | 4.1x |
| Sat, 29 Jun 2024 | ₪34.7b | ₪8.2b | -₪103,386,612.04 | 29.5x | -335.7x | 4.2x |
| Mon, 27 May 2024 | ₪35.6b | ₪7.6b | -₪244,257,959.41 | 48.4x | -145.8x | 4.7x |
| Wed, 24 Apr 2024 | ₪35.3b | ₪7.6b | -₪105,601,945.50 | 34.5x | -333.9x | 4.6x |
| Fri, 22 Mar 2024 | ₪36.0b | ₪7.4b | -₪2,814,983,636.65 | 29.5x | -12.8x | 4.8x |
| Sun, 18 Feb 2024 | ₪34.4b | ₪7.5b | -₪2,749,319,281.33 | 31.1x | -12.5x | 4.6x |
| Tue, 16 Jan 2024 | ₪35.8b | ₪7.9b | -₪3,153,640,325.00 | 32x | -11.4x | 4.6x |
| Thu, 14 Dec 2023 | ₪31.8b | ₪7.8b | -₪3,173,406,902.00 | 25.7x | -10x | 4.1x |
| Sat, 11 Nov 2023 | ₪29.4b | ₪7.4b | -₪1,737,594,983.00 | 22.4x | -16.9x | 4x |
| Mon, 09 Oct 2023 | ₪28.3b | ₪7.3b | -₪1,728,691,081.00 | 22.3x | -16.4x | 3.9x |
| Wed, 06 Sep 2023 | ₪32.4b | ₪7.1b | -₪1,868,904,665.00 | 29.1x | -17.3x | 4.6x |
| Fri, 04 Aug 2023 | ₪33.1b | ₪6.4b | -₪738,348,833.00 | 32.1x | -44.8x | 5.2x |
| Sun, 02 Jul 2023 | ₪31.1b | ₪6.4b | -₪778,484,800.00 | 28.9x | -40x | 4.9x |
| Tue, 30 May 2023 | ₪32.2b | ₪6.3b | ₪2.7b | 19x | 11.8x | 5.1x |
| Thu, 27 Apr 2023 | ₪32.5b | ₪6.0b | ₪1.5b | 31.9x | 21.7x | 5.4x |
| Sat, 25 Mar 2023 | ₪33.8b | ₪6.0b | ₪5.8b | 34.9x | 5.8x | 5.7x |
Price to Earnings Ratio
5.8x
Current Industry PE
- Investors are optimistic on the Israeli Renewable Energy industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 67.9x which is higher than its 3-year average PE of -14.4x.
- The 3-year average PS ratio of 5.4x is lower than the industry's current PS ratio of 13.0x.
Past Earnings Growth
- The earnings for companies in the Renewable Energy industry have declined 32% per year over the last three years.
- Meanwhile revenues for these companies have grown 17% 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, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Israeli Utilities industry?
| IL Market | -0.56% | |
| Utilities | 5.48% | |
| Renewable Energy | 5.49% | |
| Independent Power Producers and Energy Traders | 9.32% | |
| Renewable Energy | 3.28% | |
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.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 35% over the next 5 years.
- This is better than its past earnings decline of 26% per year.
- In contrast, the Renewable Energy industry is expected to see its earnings grow by 35% 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 | |
|---|---|---|---|---|---|
| OPCE OPC Energy | ₪117.30 | 10.9% +₪3.5b | 239.4% | PE102.3x | |
| ENLT Enlight Renewable Energy | ₪230.20 | 4.6% +₪1.4b | 268.7% | PE78x | |
| DORL Doral Group Renewable Energy Resources | ₪62.91 | 9.8% +₪1.2b | 382.1% | PS28.3x | |
| KEN Kenon Holdings | ₪264.60 | 5.5% +₪724.3m | 118.5% | PE9.4x | |
| NOFR O.Y. Nofar Energy | ₪168.50 | 6.4% +₪390.2m | 97.1% | PS19.3x |