We Think Iren (BIT:IRE) Is Taking Some Risk With Its Debt
Dec 13
Have your own idea? Try our Stock Screener
Italian (Borsa Italiana) Utilities Sector Analysis
UpdatedDec 18, 2024
DataAggregated Company Financials
Companies19
- 7D-0.3%
- 3M-1.7%
- 1Y3.1%
- YTD3.4%
The Utilities industry has stayed flat over the last week. As for the the longer term, the industry is up 4.3% over the past 12 months. As for the next few years, earnings are expected to grow by 3.7% per annum.
Sector Valuation and Performance
Has the Italian Utilities Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 18 Dec 2024 | €136.8b | €146.0b | €10.7b | 14.3x | 12.8x | 0.9x |
| Fri, 15 Nov 2024 | €134.7b | €145.9b | €10.6b | 13.5x | 12.7x | 0.9x |
| Sun, 13 Oct 2024 | €139.1b | €149.4b | €10.5b | 14.6x | 13.2x | 0.9x |
| Tue, 10 Sep 2024 | €138.6b | €149.3b | €10.5b | 14.1x | 13.2x | 0.9x |
| Thu, 08 Aug 2024 | €128.3b | €149.8b | €10.5b | 13.6x | 12.2x | 0.9x |
| Sat, 06 Jul 2024 | €130.1b | €152.4b | €9.7b | 13.4x | 13.4x | 0.9x |
| Mon, 03 Jun 2024 | €131.7b | €153.0b | €9.7b | 13.2x | 13.6x | 0.9x |
| Wed, 01 May 2024 | €126.1b | €166.7b | €8.6b | 14.2x | 14.7x | 0.8x |
| Fri, 29 Mar 2024 | €125.5b | €170.3b | €8.4b | 14.2x | 14.9x | 0.7x |
| Sun, 25 Feb 2024 | €122.8b | €182.2b | €9.3b | 15.2x | 13.2x | 0.7x |
| Tue, 23 Jan 2024 | €129.4b | €182.2b | €9.3b | 17.3x | 13.9x | 0.7x |
| Thu, 21 Dec 2023 | €132.4b | €182.2b | €9.3b | 17.8x | 14.2x | 0.7x |
| Sat, 18 Nov 2023 | €127.7b | €182.5b | €9.3b | 16.5x | 13.7x | 0.7x |
| Mon, 16 Oct 2023 | €118.0b | €212.4b | €7.6b | 16.9x | 15.6x | 0.6x |
| Wed, 13 Sep 2023 | €126.5b | €212.5b | €7.6b | 17.6x | 16.8x | 0.6x |
| Fri, 11 Aug 2023 | €123.4b | €212.5b | €7.2b | 17.1x | 17.1x | 0.6x |
| Sun, 09 Jul 2023 | €123.1b | €227.9b | €6.9b | 16x | 17.7x | 0.5x |
| Tue, 06 Jun 2023 | €125.8b | €227.4b | €6.9b | 15.7x | 18.1x | 0.6x |
| Thu, 04 May 2023 | €126.8b | €235.8b | €7.0b | 15.7x | 18.2x | 0.5x |
| Sat, 01 Apr 2023 | €120.2b | €233.9b | €7.3b | 15x | 16.5x | 0.5x |
| Mon, 27 Feb 2023 | €114.4b | €228.1b | €6.6b | 13.6x | 17.2x | 0.5x |
| Wed, 25 Jan 2023 | €118.6b | €225.5b | €6.7b | 13.4x | 17.6x | 0.5x |
| Fri, 23 Dec 2022 | €111.9b | €225.4b | €6.9b | 12.9x | 16.1x | 0.5x |
| Sun, 20 Nov 2022 | €114.9b | €225.5b | €6.9b | 13.1x | 16.6x | 0.5x |
| Tue, 18 Oct 2022 | €95.7b | €190.6b | €7.8b | 10.7x | 12.3x | 0.5x |
| Thu, 15 Sep 2022 | €110.1b | €190.3b | €7.8b | 14x | 14.2x | 0.6x |
| Sat, 13 Aug 2022 | €115.2b | €190.3b | €7.5b | 16.8x | 15.3x | 0.6x |
| Mon, 11 Jul 2022 | €116.1b | €166.6b | €8.2b | 14.9x | 14.2x | 0.7x |
| Wed, 08 Jun 2022 | €132.4b | €167.2b | €8.2b | 17.2x | 16.2x | 0.8x |
| Fri, 06 May 2022 | €132.6b | €142.5b | €7.9b | 18.5x | 16.7x | 0.9x |
| Sun, 03 Apr 2022 | €135.3b | €140.0b | €7.8b | 19.7x | 17.4x | 1x |
| Tue, 01 Mar 2022 | €137.5b | €119.1b | €7.2b | 19.1x | 19.2x | 1.2x |
| Thu, 27 Jan 2022 | €136.5b | €116.1b | €7.3b | 17.4x | 18.8x | 1.2x |
| Sat, 25 Dec 2021 | €140.8b | €116.1b | €7.3b | 17.5x | 19.4x | 1.2x |
Price to Earnings Ratio
19.4x
Current Industry PE
- Investors are pessimistic on the Italian Utilities 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 12.9x which is lower than its 3-year average PE of 15.4x.
- The industry is trading close to its 3-year average PS ratio of 0.73x.
Past Earnings Growth
- The earnings for companies in the Utilities industry have grown 14% per year over the last three years.
- Revenues for these companies have grown 7.9% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Italian Utilities sector?
| IT Market | -0.40% | |
| Utilities | -0.29% | |
| Renewable Energy | 0.14% | |
| Water Utilities | 0% | |
| Electric Utilities | -0.0052% | |
| Other Utilities | -0.51% | |
| Gas Utilities | -1.57% | |
Industry PE
- Investors are most optimistic about the Renewable Energy industry, which is trading close to its 3-year average PE ratio of 21.7x.
- Analysts are expecting annual earnings growth of 7.4%, which is higher than its past year's earnings growth of 4.6% per year.
- Investors are most pessimistic about the Other Utilities industry, which is trading below its 3-year average of 10.7x.
Forecasted Growth
- Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 7.4% over the next 5 years.
- This is better than its past earnings growth rate of 4.6% per year.
- In contrast, the Other Utilities industry is expected to see its earnings decline by 2.3% 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 | |
|---|---|---|---|---|---|
| ACE ACEA | €18.42 | 3.7% +€140.3m | 36.8% | PE10.6x | |
| AC5 Acinque | €2.05 | 2.0% +€7.9m | 3.5% | PE34.9x | |
| DEA Distribuzione Elettrica Adriatica | €8.40 | 4.0% +€2.5m | n/a | PE13.4x | |
| EVISO eVISO | €6.38 | 0.9% +€1.4m | 126.2% | PE31.4x | |
| RNG Renergetica | €10.10 | 1.0% +€810.4k | 49.0% | PE46.6x |
