Narrative Update • Jun 02
Have your own idea? Try our Stock Screener
- 7D0.8%
- 3M-7.0%
- 1Y10.3%
- YTD-8.0%
Over the last 7 days, the Renewable Energy industry has remained flat, although notably ERG gained 5.0%. As for the the longer term, the industry is up 10% over the past 12 months. Looking forward, earnings are forecast to grow by 14% annually.
Industry Valuation and Performance
Has the Italian Renewable Energy Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 10 Jun 2026 | €14.4b | €18.9b | €338.5m | 53.2x | 42.6x | 0.8x |
| Fri, 08 May 2026 | €15.2b | €17.3b | €530.5m | 40.2x | 28.6x | 0.9x |
| Sun, 05 Apr 2026 | €15.1b | €17.4b | €532.1m | 31.8x | 28.5x | 0.9x |
| Tue, 03 Mar 2026 | €15.3b | €17.4b | €597.3m | 29.1x | 25.7x | 0.9x |
| Thu, 29 Jan 2026 | €15.9b | €17.4b | €597.3m | 30.5x | 26.6x | 0.9x |
| Sat, 27 Dec 2025 | €15.5b | €17.4b | €597.3m | 28.2x | 25.9x | 0.9x |
| Mon, 24 Nov 2025 | €16.0b | €17.4b | €597.3m | 26.6x | 26.8x | 0.9x |
| Wed, 22 Oct 2025 | €16.6b | €17.4b | €566.6m | 29x | 29.3x | 1x |
| Fri, 19 Sep 2025 | €15.2b | €17.1b | €567.1m | 28x | 26.8x | 0.9x |
| Sun, 17 Aug 2025 | €14.1b | €17.1b | €567.1m | 25.9x | 24.9x | 0.8x |
| Tue, 15 Jul 2025 | €13.4b | €17.1b | €603.1m | 20.1x | 22.2x | 0.8x |
| Thu, 12 Jun 2025 | €13.4b | €16.9b | €602.5m | 22.7x | 22.3x | 0.8x |
| Sat, 10 May 2025 | €12.2b | €16.9b | €631.5m | 20.8x | 19.3x | 0.7x |
| Mon, 07 Apr 2025 | €11.8b | €16.9b | €630.4m | 24.6x | 18.7x | 0.7x |
| Wed, 05 Mar 2025 | €12.0b | €16.8b | €641.1m | 23.3x | 18.7x | 0.7x |
| Fri, 31 Jan 2025 | €12.8b | €16.8b | €641.1m | 24.7x | 20x | 0.8x |
| Sun, 29 Dec 2024 | €12.6b | €16.8b | €641.1m | 25.1x | 19.6x | 0.7x |
| Tue, 26 Nov 2024 | €12.6b | €16.8b | €641.1m | 24.9x | 19.6x | 0.7x |
| Thu, 24 Oct 2024 | €12.8b | €17.3b | €793.6m | 24.6x | 16.1x | 0.7x |
| Sat, 21 Sep 2024 | €12.0b | €17.2b | €795.1m | 17.9x | 15x | 0.7x |
| Mon, 19 Aug 2024 | €11.8b | €17.2b | €795.1m | 17.5x | 14.9x | 0.7x |
| Wed, 17 Jul 2024 | €11.7b | €17.9b | €818.0m | 15x | 14.3x | 0.7x |
| Fri, 14 Jun 2024 | €12.1b | €18.2b | €821.3m | 15.7x | 14.7x | 0.7x |
| Sun, 12 May 2024 | €12.2b | €18.2b | €822.3m | 16.4x | 14.9x | 0.7x |
| Tue, 09 Apr 2024 | €12.0b | €20.2b | €790.5m | 15.5x | 15.1x | 0.6x |
| Thu, 07 Mar 2024 | €12.9b | €20.3b | €703.1m | 15.4x | 18.3x | 0.6x |
| Sat, 03 Feb 2024 | €12.6b | €23.5b | €575.8m | 22.9x | 21.9x | 0.5x |
| Mon, 01 Jan 2024 | €13.2b | €23.5b | €575.8m | 23x | 22.9x | 0.6x |
| Wed, 29 Nov 2023 | €12.4b | €23.5b | €575.8m | 22.6x | 21.5x | 0.5x |
| Fri, 27 Oct 2023 | €11.6b | €29.0b | €349.2m | 26.2x | 33.3x | 0.4x |
| Sun, 24 Sep 2023 | €11.9b | €29.0b | €346.2m | 27.8x | 34.3x | 0.4x |
| Tue, 22 Aug 2023 | €11.9b | €29.0b | €346.2m | 27.6x | 34.3x | 0.4x |
| Thu, 20 Jul 2023 | €12.6b | €31.3b | €565.8m | 19.5x | 22.3x | 0.4x |
| Sat, 17 Jun 2023 | €12.4b | €31.3b | €565.8m | 20x | 21.8x | 0.4x |
Price to Earnings Ratio
21.8x
Current Industry PE
- Investors are optimistic on the Italian Renewable Energy industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 42.6x which is higher than its 3-year average PE of 22.8x.
- The industry is trading close to its 3-year average PS ratio of 0.70x.
Past Earnings Growth
- The earnings for companies in the Renewable Energy industry have declined 16% per year over the last three years,
- Revenues have also declined 16% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Italian Utilities industry?
| IT Market | 0.60% | |
| Utilities | 0.78% | |
| Renewable Energy | 0.79% | |
| Renewable Energy | 4.37% | |
| Independent Power Producers and Energy Traders | -1.00% | |
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 of 26.0x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Renewable Energy industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 17.6x.
Forecasted Growth
- Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 14% over the next 5 years.
- This is better than its past earnings decline of 55% per year.
- In contrast, the Renewable Energy industry is expected to see its earnings grow by 14% 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 | |
|---|---|---|---|---|---|
| ERG ERG | €24.18 | 2.9% +€98.8m | 28.2% | PE33.8x | |
| ECK Ecosuntek | €3.30 | 6.5% +€3.4m | 43.5% | PE44.4x | |
| CGF Cogefeed | €1.25 | 13.6% +€771.6k | 78.6% | n/a |