Is Brenmiller Energy (TLV:BNRG) In A Good Position To Invest In Growth?
We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
Israeli (TA) Renewable Energy Industry Analysis
UpdatedMay 21, 2022
DataAggregated Company Financials
Companies11
- 7D2.2%
- 3M-11.0%
- 1Y-15.2%
- YTD-21.1%
In the last week, the Renewable Energy industry is up 2.2%, with O.Y. Nofar Energy up 8.5%. Meanwhile, Econergy International actually underperformed within the industry, shrinking 7.3% in the last week. However, the industry is down 15% over the past year.
Industry Valuation and Performance
Has the Israeli Renewable Energy Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sat, 21 May 2022 | ₪18.5b | ₪1.2b | -₪18,464,270.00 | 115.2x |
| Mon, 18 Apr 2022 | ₪21.6b | ₪1.2b | -₪19,961,835.00 | 135.8x |
| Wed, 16 Mar 2022 | ₪22.8b | ₪1.2b | -₪200,000,890.00 | 135.3x |
| Fri, 11 Feb 2022 | ₪20.6b | ₪1.1b | -₪170,829,000.00 | 136.6x |
| Sun, 09 Jan 2022 | ₪21.9b | ₪1.1b | -₪143,769,000.00 | 141.1x |
| Tue, 07 Dec 2021 | ₪22.1b | ₪1.0b | -₪125,536,000.00 | 155.4x |
| Thu, 04 Nov 2021 | ₪24.5b | ₪966.9m | -₪373,799,000.00 | 138x |
| Sat, 02 Oct 2021 | ₪20.2b | ₪966.9m | -₪373,799,000.00 | 124.1x |
| Mon, 30 Aug 2021 | ₪20.0b | ₪889.8m | -₪377,066,000.00 | 118.7x |
| Tue, 06 Jul 2021 | ₪20.4b | ₪889.8m | -₪377,066,000.00 | 170.9x |
| Fri, 09 Apr 2021 | ₪19.3b | ₪890.5m | -₪369,890,500.00 | 92.8x |
| Thu, 31 Dec 2020 | ₪19.7b | ₪846.2m | -₪329,229,000.00 | 91.6x |
| Sun, 04 Oct 2020 | ₪15.7b | ₪636.9m | ₪78.9m | 135.5x |
| Wed, 08 Jul 2020 | ₪12.8b | ₪593.1m | ₪52.0m | 79.1x |
| Tue, 31 Mar 2020 | ₪7.6b | ₪542.8m | ₪37.4m | 119x |
| Fri, 03 Jan 2020 | ₪8.0b | ₪513.6m | ₪38.5m | 69.5x |
| Mon, 07 Oct 2019 | ₪6.4b | ₪456.2m | ₪36.2m | 41.9x |
| Sun, 30 Jun 2019 | ₪5.3b | ₪413.3m | ₪12.9m | 38.7x |
Median PE Ratio
35.5x
Current Industry PE
- Investors are relatively neutral on the industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 101x.
Past Earnings Growth
- Total earnings for the Renewable Electricity industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 49% 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 Comparison
How does Israeli Renewable Energy compare with similar industries?
| IL Market | -0.69% | |
| Utilities | 2.38% | |
| Renewable Energy | 2.36% | |
| Renewable Energy | 2.20% | |
| Independent Power Producers and Energy Traders | 2.55% | |
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NOFR O.Y. Nofar Energy | ₪83.00 | 8.5% +₪218.7m | -5.7% | PS742.2x | |
| ENRG Energix - Renewable Energies | ₪9.97 | 2.2% +₪113.8m | -20.1% | PS65.3x | |
| ENLT Enlight Renewable Energy | ₪6.26 | 1.6% +₪96.5m | -2.4% | PS165.2x | |
| SOLR Solaer Renewable Energies | ₪32.23 | 4.0% +₪15.3m | -23.8% | n/a | |
| DORL Doral Group Renewable Energy Resources | ₪10.60 | 0.7% +₪10.3m | -24.4% | PS12.8x |