Italian (Borsa Italiana) Renewable Energy Industry Analysis

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
Tue, 23 Apr 2024	€12.1b	€20.2b	€791.3m	15.7x	15.3x	0.6x
Thu, 21 Mar 2024	€12.0b	€20.2b	€799.0m	15.2x	15x	0.6x
Sat, 17 Feb 2024	€12.4b	€23.5b	€574.1m	19.5x	21.5x	0.5x
Mon, 15 Jan 2024	€13.0b	€23.5b	€575.8m	22.8x	22.6x	0.6x
Wed, 13 Dec 2023	€12.4b	€23.5b	€575.8m	22.2x	21.4x	0.5x
Fri, 10 Nov 2023	€11.9b	€23.5b	€586.2m	22.6x	20.4x	0.5x
Sun, 08 Oct 2023	€11.5b	€29.0b	€349.2m	25.7x	32.9x	0.4x
Tue, 05 Sep 2023	€12.1b	€29.0b	€346.2m	28.8x	35.1x	0.4x
Thu, 03 Aug 2023	€12.2b	€29.0b	€336.8m	19.5x	36.2x	0.4x
Sat, 01 Jul 2023	€12.4b	€31.3b	€565.8m	20.8x	21.9x	0.4x
Mon, 29 May 2023	€12.3b	€30.8b	€563.6m	16.2x	21.7x	0.4x
Wed, 26 Apr 2023	€12.2b	€31.8b	€304.2m	19.8x	40.2x	0.4x
Fri, 24 Mar 2023	€12.4b	€32.3b	€501.5m	18.5x	24.7x	0.4x
Sun, 19 Feb 2023	€13.0b	€32.4b	€502.7m	19.2x	25.9x	0.4x
Tue, 17 Jan 2023	€13.2b	€29.6b	€593.7m	19.8x	22.3x	0.4x
Thu, 15 Dec 2022	€13.4b	€29.6b	€802.3m	25.9x	16.7x	0.5x
Sat, 12 Nov 2022	€13.9b	€29.6b	€802.3m	28.2x	17.3x	0.5x
Mon, 10 Oct 2022	€12.5b	€22.7b	€855.3m	21.1x	14.6x	0.5x
Wed, 07 Sep 2022	€12.7b	€22.5b	€854.3m	20.7x	14.8x	0.6x
Fri, 05 Aug 2022	€13.7b	€22.3b	€568.3m	22.6x	24.2x	0.6x
Sun, 03 Jul 2022	€12.4b	€18.2b	€622.3m	20.9x	19.9x	0.7x
Tue, 31 May 2022	€15.8b	€18.6b	€552.9m	29.5x	28.6x	0.8x
Thu, 28 Apr 2022	€16.0b	€13.7b	€623.9m	30.4x	25.7x	1.2x
Sat, 26 Mar 2022	€16.9b	€13.8b	€651.3m	30.2x	26x	1.2x
Mon, 21 Feb 2022	€15.7b	€10.5b	€768.1m	29.5x	20.4x	1.5x
Wed, 19 Jan 2022	€15.5b	€10.5b	€768.1m	31.1x	20.1x	1.5x
Fri, 17 Dec 2021	€15.3b	€10.5b	€768.1m	30.8x	19.9x	1.5x
Sun, 14 Nov 2021	€15.3b	€10.4b	€737.0m	34.3x	20.8x	1.5x
Tue, 12 Oct 2021	€13.5b	€9.1b	€619.4m	26x	21.8x	1.5x
Thu, 09 Sep 2021	€12.7b	€9.1b	€619.7m	24.4x	20.6x	1.4x
Sat, 07 Aug 2021	€11.8b	€9.1b	€619.7m	22.6x	19.1x	1.3x
Fri, 30 Apr 2021	€12.5b	€8.3b	€439.8m	28.6x	28.5x	1.5x

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 15.3x which is lower than its 3-year average PE of 23.1x.

The industry is trading close to its 3-year average PS ratio of 0.82x.

Past Earnings Growth

The earnings for companies in the Renewable Energy industry have grown 22% per year over the last three years.
Revenues for these companies have grown 35% 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	-0.31%
Utilities	1.24%
Renewable Energy	0.36%
Renewable Energy	1.49%
Independent Power Producers and Energy Traders	-0.32%

Industry PE

Investors are most optimistic about the Renewable Energy industry even though it's trading below its 3-year average PE ratio of 36.8x.

Analysts are expecting annual earnings growth of 4.7%, which is lower than the prior year's growth of 81.7% per year.

Investors are most pessimistic about the Independent Power Producers and Energy Traders industry, which is trading below its 3-year average of 22.2x.

Forecasted Growth

Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 4.7% over the next 5 years.

In contrast, the Renewable Energy industry is expected to see its earnings grow by 4.7% 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	€24.04	0.8% +€29.2m	-11.2%	PE16.4x
IB Iniziative Bresciane	€14.30	3.6% +€2.6m	-4.0%	PE19.9x
RNG Renergetica	€10.10	1.0% +€810.4k	49.0%	PE46.6x
FRE Frendy Energy	€0.20	0.5% +€59.3k	-4.3%	PE57.3x