Israeli (TA) Renewable Energy Industry Analysis
UpdatedDec 03, 2023
DataAggregated Company Financials
Companies11
- 7D1.4%
- 3M-6.2%
- 1Y-19.3%
- YTD-8.6%
Over the last 7 days, the Renewable Energy industry has risen 1.4%, driven by gains from Enlight Renewable Energy of 2.2%. Meanwhile, Zephyrus Wing Energies actually underperformed within the industry, shrinking 8.1% in the last week. In contrast, the industry has lost 19% in the last 12 months. Looking forward, earnings are forecast to grow by 46% annually.
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 |
|---|---|---|---|---|---|---|
| Sun, 03 Dec 2023 | ₪22.5b | ₪2.7b | ₪811.9m | 25.7x | 27.8x | 8.3x |
| Tue, 31 Oct 2023 | ₪19.0b | ₪2.8b | ₪560.0m | 20.3x | 34x | 6.7x |
| Thu, 28 Sep 2023 | ₪22.2b | ₪2.5b | ₪223.3m | 26.8x | 99.4x | 8.8x |
| Sat, 26 Aug 2023 | ₪21.8b | ₪2.5b | ₪409.2m | 24.2x | 53.3x | 8.7x |
| Mon, 24 Jul 2023 | ₪23.6b | ₪2.3b | ₪338.8m | 30.4x | 69.7x | 10.5x |
| Wed, 21 Jun 2023 | ₪22.4b | ₪2.2b | ₪304.4m | 22.2x | 73.7x | 10x |
| Fri, 19 May 2023 | ₪22.9b | ₪2.3b | ₪1.4b | 18.8x | 16.3x | 9.8x |
| Sun, 16 Apr 2023 | ₪22.6b | ₪2.0b | ₪177.1m | 71.4x | 127.5x | 11.1x |
| Tue, 14 Mar 2023 | ₪21.7b | ₪1.9b | ₪96.3m | 95.5x | 225.4x | 11.6x |
| Thu, 09 Feb 2023 | ₪22.7b | ₪1.8b | ₪14.4m | 92.5x | 1570x | 12.8x |
| Sat, 07 Jan 2023 | ₪21.7b | ₪1.8b | -₪1,162,489.00 | 84.7x | -18679.1x | 12.3x |
| Mon, 05 Dec 2022 | ₪22.6b | ₪1.8b | -₪29,401,330.00 | 97.4x | -769.7x | 12.8x |
| Wed, 02 Nov 2022 | ₪21.7b | ₪1.5b | -₪70,243,572.00 | 353.6x | -308.8x | 14.4x |
| Fri, 30 Sep 2022 | ₪23.8b | ₪1.5b | -₪70,184,142.00 | 383.4x | -339x | 15.8x |
| Sun, 28 Aug 2022 | ₪28.4b | ₪1.5b | ₪87.9m | 59.4x | 322.6x | 19.2x |
| Tue, 26 Jul 2022 | ₪21.7b | ₪1.4b | ₪8.9m | 64.1x | 2444.6x | 16x |
| Thu, 23 Jun 2022 | ₪19.0b | ₪1.4b | -₪28,190,843.00 | 52.1x | -674.9x | 14x |
| Sat, 21 May 2022 | ₪18.5b | ₪1.2b | -₪18,464,270.00 | 115.2x | -1000.6x | 15.1x |
| Mon, 18 Apr 2022 | ₪21.6b | ₪1.2b | -₪19,961,835.00 | 135.8x | -1084.1x | 17.5x |
| Wed, 16 Mar 2022 | ₪22.8b | ₪1.2b | -₪200,000,890.00 | 135.3x | -114x | 19.7x |
| Fri, 11 Feb 2022 | ₪20.6b | ₪1.1b | -₪170,829,000.00 | 136.6x | -120.6x | 18x |
| Sun, 09 Jan 2022 | ₪21.9b | ₪1.1b | -₪143,769,000.00 | 141.1x | -152.5x | 19.9x |
| Tue, 07 Dec 2021 | ₪22.1b | ₪1.0b | -₪125,536,000.00 | 155.4x | -176.1x | 21.9x |
| Thu, 04 Nov 2021 | ₪24.5b | ₪966.9m | -₪373,799,000.00 | 138x | -65.7x | 25.4x |
| Sat, 02 Oct 2021 | ₪20.2b | ₪966.9m | -₪373,799,000.00 | 124.1x | -54x | 20.9x |
| Mon, 30 Aug 2021 | ₪20.0b | ₪889.8m | -₪377,066,000.00 | 118.7x | -53.2x | 22.5x |
| Tue, 06 Jul 2021 | ₪20.4b | ₪889.8m | -₪377,066,000.00 | 170.9x | -54.1x | 22.9x |
| Fri, 09 Apr 2021 | ₪19.3b | ₪890.5m | -₪369,890,500.00 | 92.8x | -52.1x | 21.7x |
| Thu, 31 Dec 2020 | ₪19.7b | ₪846.2m | -₪329,229,000.00 | 91.6x | -59.9x | 23.3x |
Price to Earnings Ratio
207.3x
Current Industry PE
- Investors are pessimistic on the Israeli Renewable Electricity 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 27.8x which is higher than its 3-year average PE of -1kx.
- The 3-year average PS ratio of 16.5x is higher than the industry's current PS ratio of 8.3x.
Past Earnings Growth
- The earnings for companies in the Renewable Electricity industry have grown 117% per year over the last three years.
- Revenues for these companies have grown 62% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Israeli Renewable Energy compare with similar industries?
| IL Market | -1.16% | |
| Utilities | -0.38% | |
| Renewable Energy | -0.39% | |
| Renewable Energy | 1.36% | |
| Independent Power Producers and Energy Traders | -4.49% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ENLT Enlight Renewable Energy | ₪64.43 | 2.2% +₪165.0m | -17.3% | PE30.7x | |
| MSKE Meshek Energy - Renewable Energies | ₪2.66 | 6.7% +₪118.0m | -32.8% | PS25.9x | |
| ENRG Energix - Renewable Energies | ₪11.80 | 1.7% +₪109.6m | -7.0% | PE19.3x | |
| ECNR Econergy Renewable Energy | ₪12.65 | 5.6% +₪30.5m | -25.4% | PE98.2x | |
| SLGN Solegreen | ₪4.82 | 2.2% +₪6.1m | -51.2% | PS2x |