Narrative Update • Jun 16
Have your own idea? Try our Stock Screener
- 7D-0.3%
- 3M-4.6%
- 1Y7.5%
- YTD-9.7%
The Renewable Energy industry has been flat over the last week, but ERG has lost 3.3%. As for the the longer term, the industry is up 7.5% over the past 12 months. 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, 18 Jun 2026 | €14.2b | €18.9b | €338.5m | 51x | 41.8x | 0.8x |
| Sat, 16 May 2026 | €14.8b | €17.3b | €530.5m | 41.8x | 27.8x | 0.9x |
| Mon, 13 Apr 2026 | €15.2b | €17.4b | €531.9m | 33x | 28.5x | 0.9x |
| Wed, 11 Mar 2026 | €15.5b | €17.4b | €597.3m | 28.7x | 25.9x | 0.9x |
| Fri, 06 Feb 2026 | €15.7b | €17.4b | €597.3m | 30.3x | 26.3x | 0.9x |
| Sun, 04 Jan 2026 | €15.7b | €17.4b | €597.3m | 29x | 26.2x | 0.9x |
| Tue, 02 Dec 2025 | €15.8b | €17.4b | €597.3m | 27.4x | 26.5x | 0.9x |
| Thu, 30 Oct 2025 | €16.8b | €17.4b | €566.6m | 28.2x | 29.6x | 1x |
| Sat, 27 Sep 2025 | €15.3b | €17.1b | €567.1m | 27.3x | 27x | 0.9x |
| Mon, 25 Aug 2025 | €14.6b | €17.1b | €567.1m | 25.8x | 25.8x | 0.9x |
| Wed, 23 Jul 2025 | €13.7b | €17.1b | €603.1m | 21.2x | 22.7x | 0.8x |
| Fri, 20 Jun 2025 | €13.0b | €17.1b | €603.1m | 20.2x | 21.5x | 0.8x |
| Sun, 18 May 2025 | €12.3b | €16.9b | €602.5m | 21.2x | 20.5x | 0.7x |
| Tue, 15 Apr 2025 | €12.0b | €16.9b | €631.5m | 21x | 18.9x | 0.7x |
| Thu, 13 Mar 2025 | €12.1b | €16.8b | €641.1m | 23.4x | 18.9x | 0.7x |
| Sat, 08 Feb 2025 | €13.0b | €16.8b | €641.1m | 24.2x | 20.3x | 0.8x |
| Mon, 06 Jan 2025 | €13.3b | €16.8b | €641.1m | 25.5x | 20.8x | 0.8x |
| Wed, 04 Dec 2024 | €12.7b | €16.8b | €641.1m | 26.7x | 19.9x | 0.8x |
| Fri, 01 Nov 2024 | €12.7b | €16.8b | €672.6m | 24.5x | 18.9x | 0.8x |
| Sun, 29 Sep 2024 | €12.1b | €17.2b | €795.1m | 18x | 15.3x | 0.7x |
| Tue, 27 Aug 2024 | €11.8b | €17.2b | €795.1m | 17.9x | 14.9x | 0.7x |
| Thu, 25 Jul 2024 | €12.0b | €17.9b | €818.0m | 15.2x | 14.6x | 0.7x |
| Sat, 22 Jun 2024 | €11.8b | €17.9b | €818.0m | 15.2x | 14.5x | 0.7x |
| Mon, 20 May 2024 | €12.1b | €20.3b | €790.3m | 16.1x | 15.3x | 0.6x |
| Wed, 17 Apr 2024 | €12.0b | €20.2b | €791.3m | 15.6x | 15.2x | 0.6x |
| Fri, 15 Mar 2024 | €12.3b | €20.3b | €799.0m | 15.5x | 15.4x | 0.6x |
| Sun, 11 Feb 2024 | €12.2b | €23.5b | €574.1m | 18.9x | 21.2x | 0.5x |
| Tue, 09 Jan 2024 | €13.0b | €23.5b | €575.8m | 22.8x | 22.5x | 0.6x |
| Thu, 07 Dec 2023 | €12.5b | €23.5b | €575.8m | 22.2x | 21.6x | 0.5x |
| Sat, 04 Nov 2023 | €12.0b | €23.5b | €586.2m | 22.6x | 20.5x | 0.5x |
| Mon, 02 Oct 2023 | €11.7b | €29.0b | €346.2m | 26.4x | 33.9x | 0.4x |
| Wed, 30 Aug 2023 | €12.3b | €29.0b | €346.2m | 29.5x | 35.7x | 0.4x |
| Fri, 28 Jul 2023 | €12.6b | €29.1b | €294.8m | 22.5x | 42.8x | 0.4x |
| Sun, 25 Jun 2023 | €12.1b | €31.3b | €565.8m | 21.7x | 21.3x | 0.4x |
Price to Earnings Ratio
21.3x
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 41.8x which is higher than its 3-year average PE of 22.9x.
- 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 | 4.07% | |
| Utilities | 1.61% | |
| Renewable Energy | -0.31% | |
| Independent Power Producers and Energy Traders | 1.18% | |
| Renewable Energy | -3.22% | |
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 26.3x.
- 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 | |
|---|---|---|---|---|---|
| No data available | |||||