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Italian (Borsa Italiana) Renewable Energy Industry Analysis

UpdatedFeb 28, 2024
DataAggregated Company Financials
Companies6
  • 7D1.0%
  • 3M3.4%
  • 1Y1.3%
  • YTD-2.4%

Over the last 7 days, the Renewable Energy industry has risen 1.0%, driven by gains from ERG of 1.2%. During this same period, the Alerion Clean Power underperformed, falling 5.2%. Despite this gain, the industry's performance has been flat over the past year. 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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 28 Feb 2024€12.6b€23.5b€574.1m20.4x22x0.5x
Fri, 26 Jan 2024€12.7b€23.5b€575.8m22.7x22.1x0.5x
Sun, 24 Dec 2023€13.1b€23.5b€575.8m22.9x22.7x0.6x
Tue, 21 Nov 2023€12.3b€23.5b€575.8m22.2x21.3x0.5x
Thu, 19 Oct 2023€11.8b€29.0b€349.2m26.6x33.9x0.4x
Sat, 16 Sep 2023€12.3b€29.0b€346.2m29.9x35.5x0.4x
Mon, 14 Aug 2023€12.0b€29.0b€346.2m28.3x34.7x0.4x
Wed, 12 Jul 2023€12.3b€31.3b€565.8m19.9x21.8x0.4x
Fri, 09 Jun 2023€12.4b€30.8b€563.6m19.2x21.9x0.4x
Sun, 07 May 2023€12.5b€30.9b€565.2m16.4x22x0.4x
Tue, 04 Apr 2023€12.6b€31.9b€436.6m20.9x28.9x0.4x
Thu, 02 Mar 2023€12.5b€32.3b€502.7m18.4x24.8x0.4x
Sat, 28 Jan 2023€13.5b€29.6b€593.7m19.2x22.8x0.5x
Mon, 26 Dec 2022€12.9b€29.6b€593.8m24.4x21.7x0.4x
Wed, 23 Nov 2022€13.5b€29.6b€802.3m27.2x16.8x0.5x
Fri, 21 Oct 2022€12.7b€22.7b€855.3m21.4x14.8x0.6x
Sun, 18 Sep 2022€13.1b€22.5b€854.3m20.6x15.3x0.6x
Tue, 16 Aug 2022€13.8b€22.5b€854.3m22.9x16.2x0.6x
Thu, 14 Jul 2022€12.4b€18.2b€622.3m23.1x20x0.7x
Sat, 11 Jun 2022€15.6b€18.8b€604.0m20.7x25.8x0.8x
Mon, 09 May 2022€15.2b€18.6b€552.9m29.5x27.5x0.8x
Wed, 06 Apr 2022€18.0b€13.6b€623.2m30.9x28.8x1.3x
Fri, 04 Mar 2022€16.1b€13.5b€660.1m30.9x24.3x1.2x
Sun, 30 Jan 2022€15.1b€10.5b€768.1m29.8x19.6x1.4x
Tue, 28 Dec 2021€15.4b€10.5b€768.1m31.1x20.1x1.5x
Thu, 25 Nov 2021€14.7b€10.5b€768.1m28.8x19.2x1.4x
Sat, 23 Oct 2021€14.9b€9.1b€619.4m29.3x24.1x1.6x
Mon, 20 Sep 2021€12.5b€9.1b€619.7m23.8x20.2x1.4x
Wed, 18 Aug 2021€12.2b€9.1b€619.7m23.4x19.7x1.3x
Wed, 02 Jun 2021€11.6b€8.3b€439.8m27.1x26.3x1.4x
Sat, 06 Mar 2021€11.8b€8.0b€368.9m32.8x31.9x1.5x
Price to Earnings Ratio

31.9x


Total Market Cap: €11.8bTotal Earnings: €368.9mTotal Revenue: €8.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Italian Renewable Energy Industry Price to Earnings3Y Average 23.6x202220232024
Current Industry PE
  • Investors are relatively neutral on the Italian Renewable Energy industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 23.6x.
  • The industry is trading close to its 3-year average PS ratio of 0.85x.
Past Earnings Growth
  • The earnings for companies in the Renewable Energy industry have grown 16% per year over the last three years.
  • Revenues for these companies have grown 43% 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 Market2.38%
Utilities-0.46%
Renewable Energy1.03%
Independent Power Producers and Energy Traders1.76%
Renewable Energy-4.89%
Industry PE
  • Investors are most optimistic about the Independent Power Producers and Energy Traders industry, which is trading close to its 3-year average PE ratio of 22.6x.
    • Analysts are expecting annual earnings growth of 15.6%, which is higher than its past year's earnings growth of 0.3% per year.
  • Investors are most pessimistic about the Renewable Energy industry, which is trading below its 3-year average of 37.6x.
Forecasted Growth
  • Analysts are most optimistic on the Independent Power Producers and Energy Traders industry, expecting annual earnings growth of 16% over the next 5 years.
  • This is better than its past earnings growth rate of 0.3% 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?

CompanyLast Price7D1YValuation
ERG ERG€25.461.2%
+€43.8m
-6.6%PE31.3x
RNG Renergetica€10.101.0%
+€810.4k
49.0%PE46.6x
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Latest News

ARN

€21.80

Alerion Clean Power

7D

-5.2%

1Y

-29.7%

RNG

€10.10

Renergetica

7D

1.0%

1Y

49.0%

FRE

€0.20

Frendy Energy

7D

-0.5%

1Y

-18.9%