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Israeli (TA) Renewable Energy Industry Analysis

UpdatedApr 21, 2024
DataAggregated Company Financials
Companies12
  • 7D2.6%
  • 3M-0.4%
  • 1Y3.1%
  • YTD-7.3%

In the last week, the Renewable Energy industry is up 4.2%, with Energix - Renewable Energies leading the way, up 7.7%. In the last 12 months, the industry was up 3.9%. As for the next few years, earnings are expected to grow by 46% per annum.

Industry Valuation and Performance

Has the Israeli Renewable Energy Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 21 Apr 2024₪34.3b₪7.6b-₪102,523,955.5734.6x-334.3x4.5x
Tue, 19 Mar 2024₪34.9b₪7.5b-₪2,857,719,446.2028.4x-12.2x4.7x
Thu, 15 Feb 2024₪34.0b₪7.5b-₪2,789,216,923.6430.6x-12.2x4.5x
Sat, 13 Jan 2024₪36.0b₪7.8b-₪3,135,126,969.0032.4x-11.5x4.6x
Mon, 11 Dec 2023₪33.3b₪7.8b-₪2,323,114,139.0027.1x-14.3x4.3x
Wed, 08 Nov 2023₪29.6b₪7.4b-₪1,746,701,038.0021.7x-17x4x
Fri, 06 Oct 2023₪31.6b₪7.3b-₪1,726,178,697.0025.6x-18.3x4.3x
Sun, 03 Sep 2023₪32.1b₪7.0b-₪1,859,726,822.0028.7x-17.2x4.6x
Tue, 01 Aug 2023₪34.4b₪6.3b-₪733,775,147.0034.9x-46.9x5.4x
Thu, 29 Jun 2023₪31.2b₪6.3b-₪769,099,729.0028.1x-40.6x4.9x
Sat, 27 May 2023₪32.7b₪6.5b₪2.7b18.6x12x5.1x
Mon, 24 Apr 2023₪31.8b₪6.1b₪1.5b32.3x21.1x5.3x
Wed, 22 Mar 2023₪32.9b₪6.0b₪5.9b34.6x5.5x5.5x
Fri, 17 Feb 2023₪35.4b₪5.6b₪5.6b79.5x6.3x6.3x
Sun, 15 Jan 2023₪36.7b₪5.5b₪5.4b86x6.8x6.6x
Tue, 13 Dec 2022₪35.1b₪5.5b₪5.4b89.5x6.5x6.3x
Thu, 10 Nov 2022₪38.5b₪5.1b₪5.0b194.4x7.7x7.6x
Sat, 08 Oct 2022₪38.7b₪5.1b₪5.1b224.3x7.6x7.5x
Mon, 05 Sep 2022₪43.5b₪5.0b₪4.6b59.1x9.4x8.7x
Wed, 03 Aug 2022₪37.8b₪4.8b₪4.5b52.4x8.3x7.9x
Fri, 01 Jul 2022₪34.0b₪4.8b₪4.7b44.2x7.3x7x
Sun, 29 May 2022₪35.5b₪4.5b₪2.9b65.8x12x7.8x
Tue, 26 Apr 2022₪38.8b₪4.4b₪2.8b77.3x13.8x8.8x
Thu, 24 Mar 2022₪43.1b₪4.1b₪1.8b110.6x24.5x10.5x
Sat, 19 Feb 2022₪38.0b₪4.1b₪1.8b112.8x21.4x9.3x
Mon, 17 Jan 2022₪37.7b₪4.0b₪1.7b115.1x21.8x9.3x
Wed, 15 Dec 2021₪36.4b₪3.9b₪1.8b131.3x20.5x9.2x
Fri, 12 Nov 2021₪37.1b₪3.8b₪1.2b112.7x30.5x9.7x
Sun, 10 Oct 2021₪32.8b₪3.9b₪1.3b106.4x25.7x8.5x
Tue, 07 Sep 2021₪33.0b₪3.9b₪1.3b111x25.7x8.6x
Thu, 05 Aug 2021₪32.7b₪3.8b₪1.3b118.7x25.3x8.6x
Sun, 09 May 2021₪31.8b₪3.7b₪1.8b77.1x18x8.7x
Price to Earnings Ratio

18x


Total Market Cap: ₪31.8bTotal Earnings: ₪1.8bTotal Revenue: ₪3.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Israeli Renewable Energy Industry Price to Earnings3Y Average -0.6x202220232024
Current Industry PE
  • Investors are pessimistic on the Israeli Renewable Energy industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 7.0x is higher than the industry's current PS ratio of 4.5x.
Past Earnings Growth
  • Total earnings for the Renewable Energy industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 28% 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-1.24%
Utilities2.57%
Renewable Energy2.59%
Independent Power Producers and Energy Traders8.06%
Renewable Energy0.42%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 45.7%, which is lower than the prior year's growth of 97.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 46% over the next 5 years.
  • However this is lower than its past earnings growth rate of 98% per year.
  • In contrast, the Renewable Energy industry is expected to see its earnings grow by 46% 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
OPCE OPC Energy₪26.868.6%
+₪478.1m
0.6%PE41.9x
KEN Kenon Holdings₪80.057.3%
+₪286.6m
-18.6%PS1.6x
ENRG Energix - Renewable Energies₪14.353.2%
+₪246.8m
35.5%PE30.5x
DORL Doral Group Renewable Energy Resources₪9.621.2%
+₪21.0m
25.3%PS21.7x
ZPRS Zephyrus Wing Energies₪13.280.5%
+₪3.9m
-28.3%PE2.9x
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Latest News

ENLT

₪61.59

Enlight Renewable Energy

7D

0.02%

1Y

8.2%

KEN

₪80.05

Kenon Holdings

7D

7.3%

1Y

-18.6%

PRIM

₪3.07

Prime Energy P.E

7D

-4.5%

1Y

-8.6%

MSKE

₪2.55

Meshek Energy - Renewable Energies

7D

-2.1%

1Y

-33.4%

ECNR

₪14.83

Econergy Renewable Energy

7D

-2.2%

1Y

14.7%

NOFR

₪87.25

O.Y. Nofar Energy

7D

-2.6%

1Y

5.3%

ZPRS

₪13.28

Zephyrus Wing Energies

7D

0.5%

1Y

-28.3%

SOLR

₪30.49

Solaer Renewable Energies

7D

-5.3%

1Y

-4.5%