Analysis Article • Jun 24
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- 7D-0.9%
- 3M-7.3%
- 1Y3.3%
- YTD-11.8%
In the last week, the Renewable Energy industry is flat overall, with Alerion Clean Power standing out by going down 7.2%. The past year has been better, since the industry has gained 3.3% in that time. 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 |
|---|---|---|---|---|---|---|
| Sat, 27 Jun 2026 | €13.8b | €19.1b | €339.4m | 42.6x | 40.7x | 0.7x |
| Mon, 25 May 2026 | €14.6b | €18.8b | €343.5m | 54.2x | 42.4x | 0.8x |
| Wed, 22 Apr 2026 | €14.9b | €17.3b | €530.5m | 37.4x | 28x | 0.9x |
| Fri, 20 Mar 2026 | €14.7b | €17.4b | €585.2m | 28.8x | 25.1x | 0.8x |
| Sun, 15 Feb 2026 | €15.5b | €17.4b | €597.3m | 29.4x | 26x | 0.9x |
| Tue, 13 Jan 2026 | €15.6b | €17.4b | €597.3m | 29.4x | 26.1x | 0.9x |
| Thu, 11 Dec 2025 | €15.4b | €17.4b | €597.3m | 28.4x | 25.8x | 0.9x |
| Sat, 08 Nov 2025 | €16.3b | €17.4b | €566.6m | 27.5x | 28.8x | 0.9x |
| Mon, 06 Oct 2025 | €16.1b | €17.4b | €566.6m | 29.8x | 28.5x | 0.9x |
| Wed, 03 Sep 2025 | €14.4b | €17.1b | €567.1m | 29.1x | 25.4x | 0.8x |
| Fri, 01 Aug 2025 | €14.0b | €17.1b | €603.1m | 20.3x | 23.2x | 0.8x |
| Sun, 29 Jun 2025 | €13.4b | €17.1b | €603.1m | 20.4x | 22.3x | 0.8x |
| Tue, 27 May 2025 | €12.6b | €16.9b | €602.5m | 21.5x | 20.8x | 0.7x |
| Thu, 24 Apr 2025 | €12.1b | €16.9b | €631.5m | 21x | 19.2x | 0.7x |
| Sat, 22 Mar 2025 | €12.5b | €16.9b | €618.3m | 25.6x | 20.2x | 0.7x |
| Mon, 17 Feb 2025 | €13.2b | €16.8b | €641.1m | 24.7x | 20.6x | 0.8x |
| Wed, 15 Jan 2025 | €12.9b | €16.8b | €641.1m | 24.5x | 20.2x | 0.8x |
| Fri, 13 Dec 2024 | €12.7b | €16.8b | €641.1m | 25.7x | 19.8x | 0.8x |
| Sun, 10 Nov 2024 | €12.2b | €16.8b | €672.6m | 23.8x | 18.2x | 0.7x |
| Tue, 08 Oct 2024 | €12.3b | €17.3b | €793.6m | 24.9x | 15.5x | 0.7x |
| Thu, 05 Sep 2024 | €12.0b | €17.2b | €795.1m | 17.9x | 15x | 0.7x |
| Sat, 03 Aug 2024 | €11.8b | €17.2b | €780.5m | 18.7x | 15.1x | 0.7x |
| Mon, 01 Jul 2024 | €11.5b | €17.9b | €818.0m | 14.7x | 14.1x | 0.6x |
| Wed, 29 May 2024 | €11.9b | €18.2b | €821.3m | 15.8x | 14.4x | 0.7x |
| Fri, 26 Apr 2024 | €11.8b | €20.2b | €791.3m | 15.5x | 15x | 0.6x |
| Sun, 24 Mar 2024 | €12.1b | €20.2b | €799.0m | 15.2x | 15.1x | 0.6x |
| Tue, 20 Feb 2024 | €12.3b | €23.5b | €574.1m | 19.7x | 21.5x | 0.5x |
| Thu, 18 Jan 2024 | €12.8b | €23.5b | €575.8m | 22.9x | 22.2x | 0.5x |
| Sat, 16 Dec 2023 | €12.9b | €23.5b | €575.8m | 22.6x | 22.3x | 0.5x |
| Mon, 13 Nov 2023 | €11.8b | €23.5b | €586.2m | 22.5x | 20.1x | 0.5x |
| Wed, 11 Oct 2023 | €11.7b | €29.0b | €349.2m | 26x | 33.4x | 0.4x |
| Fri, 08 Sep 2023 | €12.2b | €29.0b | €346.2m | 28.8x | 35.2x | 0.4x |
| Sun, 06 Aug 2023 | €12.0b | €29.0b | €346.2m | 19.7x | 34.7x | 0.4x |
| Tue, 04 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 40.7x 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 | -1.64% | |
| Utilities | -0.015% | |
| Renewable Energy | -0.93% | |
| Renewable Energy | 0.60% | |
| Independent Power Producers and Energy Traders | -1.69% | |
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 | €23.58 | 2.4% +€81.4m | 26.1% | PE33x | |
| ECK Ecosuntek | €3.36 | 1.8% +€1.0m | 55.6% | PE25.5x |
