Analysis Article • Jun 24
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- 7D-1.6%
- 3M-6.2%
- 1Y2.9%
- YTD-12.0%
Over the last 7 days, the Renewable Energy industry has dropped 1.6%, driven by a pullback from Alerion Clean Power of 1.4%. Over the last year, the industry has been flat overall. Looking forward, earnings are forecast to grow by 15% 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 |
|---|---|---|---|---|---|---|
| Thu, 25 Jun 2026 | €13.8b | €19.1b | €339.4m | 43.3x | 40.6x | 0.7x |
| Sat, 23 May 2026 | €14.6b | €18.8b | €331.5m | 54.2x | 44x | 0.8x |
| Mon, 20 Apr 2026 | €14.8b | €17.3b | €530.5m | 36.6x | 27.9x | 0.9x |
| Wed, 18 Mar 2026 | €14.8b | €17.5b | €585.2m | 29.1x | 25.3x | 0.8x |
| Fri, 13 Feb 2026 | €15.5b | €17.4b | €597.3m | 29.8x | 25.9x | 0.9x |
| Sun, 11 Jan 2026 | €15.7b | €17.4b | €597.3m | 29.2x | 26.3x | 0.9x |
| Tue, 09 Dec 2025 | €15.8b | €17.4b | €597.3m | 28.2x | 26.5x | 0.9x |
| Thu, 06 Nov 2025 | €16.4b | €17.4b | €566.6m | 27.6x | 28.9x | 0.9x |
| Sat, 04 Oct 2025 | €16.1b | €17.1b | €566.9m | 26.9x | 28.5x | 0.9x |
| Mon, 01 Sep 2025 | €14.5b | €17.1b | €567.1m | 26.9x | 25.6x | 0.8x |
| Wed, 30 Jul 2025 | €14.1b | €17.1b | €603.1m | 20.6x | 23.4x | 0.8x |
| Fri, 27 Jun 2025 | €13.4b | €17.1b | €603.1m | 20.4x | 22.2x | 0.8x |
| Sun, 25 May 2025 | €12.6b | €16.9b | €602.5m | 21.5x | 20.9x | 0.7x |
| Tue, 22 Apr 2025 | €12.2b | €16.9b | €631.5m | 21x | 19.4x | 0.7x |
| Thu, 20 Mar 2025 | €12.5b | €17.2b | €618.3m | 25.7x | 20.2x | 0.7x |
| Sat, 15 Feb 2025 | €13.2b | €16.8b | €641.1m | 24.7x | 20.6x | 0.8x |
| Mon, 13 Jan 2025 | €13.0b | €16.8b | €641.1m | 25.2x | 20.3x | 0.8x |
| Wed, 11 Dec 2024 | €12.7b | €16.8b | €641.1m | 26.2x | 19.8x | 0.8x |
| Fri, 08 Nov 2024 | €12.3b | €16.8b | €672.6m | 23.8x | 18.2x | 0.7x |
| Sun, 06 Oct 2024 | €12.4b | €17.3b | €793.6m | 25x | 15.7x | 0.7x |
| Tue, 03 Sep 2024 | €12.0b | €17.2b | €795.1m | 18x | 15.1x | 0.7x |
| Thu, 01 Aug 2024 | €12.1b | €17.2b | €813.0m | 15.5x | 14.8x | 0.7x |
| Sat, 29 Jun 2024 | €11.5b | €17.9b | €818.0m | 14.7x | 14.1x | 0.6x |
| Mon, 27 May 2024 | €11.7b | €18.2b | €821.3m | 15.6x | 14.3x | 0.6x |
| Wed, 24 Apr 2024 | €12.0b | €20.2b | €791.3m | 15.6x | 15.1x | 0.6x |
| Fri, 22 Mar 2024 | €12.0b | €20.2b | €799.0m | 15x | 15x | 0.6x |
| Sun, 18 Feb 2024 | €12.4b | €23.5b | €574.1m | 19.5x | 21.5x | 0.5x |
| Tue, 16 Jan 2024 | €12.9b | €23.5b | €575.8m | 22.8x | 22.4x | 0.5x |
| Thu, 14 Dec 2023 | €12.5b | €23.5b | €575.8m | 22.5x | 21.7x | 0.5x |
| Sat, 11 Nov 2023 | €11.8b | €23.5b | €586.2m | 22.5x | 20.1x | 0.5x |
| Mon, 09 Oct 2023 | €11.5b | €29.0b | €349.2m | 25.7x | 32.9x | 0.4x |
| Wed, 06 Sep 2023 | €12.2b | €29.0b | €346.2m | 28.6x | 35.1x | 0.4x |
| Fri, 04 Aug 2023 | €12.0b | €29.0b | €346.2m | 18.9x | 34.8x | 0.4x |
| Sun, 02 Jul 2023 | €12.4b | €31.3b | €565.8m | 20.8x | 21.9x | 0.4x |
Price to Earnings Ratio
21.9x
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 40.6x which is higher than its 3-year average PE of 23.1x.
- 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 15% 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 | -2.05% | |
| Utilities | -1.03% | |
| Renewable Energy | -1.60% | |
| Renewable Energy | 0.83% | |
| Independent Power Producers and Energy Traders | -2.79% | |
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 26.7x.
- 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 15% 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 15% 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 | €23.28 | 1.7% +€58.1m | 25.0% | PE32.6x | |
| ECK Ecosuntek | €3.28 | 5.1% +€2.7m | 54.7% | PE24.9x |
