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Italian (Borsa Italiana) Renewable Energy Industry Analysis
UpdatedJul 25, 2024
DataAggregated Company Financials
Companies6
- 7D2.7%
- 3M1.0%
- 1Y-3.8%
- YTD-7.4%
In the last week, the Renewable Energy industry is up 2.7%, with Alerion Clean Power leading the way, up 6.1%. However, the industry is down 3.8% over the past year. Looking forward, earnings are forecast to grow by 3.1% 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 |
|---|
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Current Industry PE
- Investors are pessimistic on the Italian Renewable Energy 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 14.6x which is lower than its 3-year average PE of 22.2x.
- The industry is trading close to its 3-year average PS ratio of 0.76x.
Past Earnings Growth
- The earnings for companies in the Renewable Energy industry have grown 9.7% per year over the last three years.
- Revenues for these companies have grown 25% 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 industry?
| IT Market | 0.13% | |
| Utilities | -0.12% | |
| Renewable Energy | 2.67% | |
| Independent Power Producers and Energy Traders | 2.93% | |
| Renewable Energy | 2.23% | |
Industry PE
- Investors are most optimistic about the Renewable Energy industry even though it's trading below its 3-year average PE ratio of 35.6x.
- Analysts are expecting annual earnings growth of 3.1%, which is higher than its past year's earnings decline of 5.9% per year.
- Investors are most pessimistic about the Independent Power Producers and Energy Traders industry, which is trading below its 3-year average of 21.3x.
Forecasted Growth
- Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 3.1% over the next 5 years.
- This is better than its past earnings decline of 5.9% per year.
- In contrast, the Renewable Energy industry is expected to see its earnings grow by 3.1% 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 | |
|---|---|---|---|---|---|
| ARN Alerion Clean Power | €16.24 | 5.7% +€47.3m | -45.3% | PE13.1x | |
| ERG ERG | €24.00 | 0.4% +€14.6m | -12.6% | PE16.4x | |
| IB Iniziative Bresciane | €15.00 | 4.2% +€3.1m | 0% | PE20.8x | |
| RNG Renergetica | €10.10 | 1.0% +€810.4k | 49.0% | PE46.6x | |
| ECK Ecosuntek | €15.20 | 3.1% +€771.0k | -16.7% | PE13.3x |
