Narrative Update • Jun 30
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- 7D-3.9%
- 3M-12.4%
- 1Y-5.1%
- YTD-14.4%
Over the last 7 days, the Renewable Energy industry has dropped 3.9%, driven by a pullback from ERG of 1.8%. However, the industry is down 5.1% over the past year. Earnings are forecast to grow by 6.5% 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 |
|---|---|---|---|---|---|---|
| Sun, 02 Aug 2026 | €13.4b | €19.1b | €313.2m | 42.1x | 42.8x | 0.7x |
| Tue, 30 Jun 2026 | €13.8b | €19.1b | €339.4m | 42.9x | 40.5x | 0.7x |
| Thu, 28 May 2026 | €14.4b | €18.8b | €343.5m | 54.5x | 41.8x | 0.8x |
| Sat, 25 Apr 2026 | €15.2b | €17.3b | €530.5m | 38x | 28.6x | 0.9x |
| Mon, 23 Mar 2026 | €14.5b | €17.4b | €595.1m | 28.3x | 24.4x | 0.8x |
| Wed, 18 Feb 2026 | €16.0b | €17.4b | €597.3m | 28.9x | 26.7x | 0.9x |
| Fri, 16 Jan 2026 | €15.8b | €17.4b | €597.3m | 29.7x | 26.4x | 0.9x |
| Sun, 14 Dec 2025 | €15.3b | €17.4b | €597.3m | 28.9x | 25.6x | 0.9x |
| Tue, 11 Nov 2025 | €16.3b | €17.4b | €566.6m | 27.5x | 28.7x | 0.9x |
| Thu, 09 Oct 2025 | €16.7b | €17.4b | €566.6m | 29.4x | 29.4x | 1x |
| Sat, 06 Sep 2025 | €14.5b | €17.1b | €567.1m | 28.5x | 25.6x | 0.8x |
| Mon, 04 Aug 2025 | €14.2b | €17.1b | €568.9m | 21.3x | 24.9x | 0.8x |
| Wed, 02 Jul 2025 | €13.6b | €17.1b | €603.1m | 20x | 22.5x | 0.8x |
| Fri, 30 May 2025 | €12.8b | €16.9b | €602.5m | 21.9x | 21.3x | 0.8x |
| Sun, 27 Apr 2025 | €12.5b | €16.9b | €631.5m | 21.4x | 19.7x | 0.7x |
| Tue, 25 Mar 2025 | €12.4b | €16.9b | €618.3m | 25.5x | 20x | 0.7x |
| Thu, 20 Feb 2025 | €13.3b | €16.8b | €641.1m | 24.7x | 20.8x | 0.8x |
| Sat, 18 Jan 2025 | €13.3b | €16.8b | €641.1m | 25x | 20.7x | 0.8x |
| Mon, 16 Dec 2024 | €12.8b | €16.8b | €641.1m | 25.5x | 19.9x | 0.8x |
| Wed, 13 Nov 2024 | €12.3b | €16.8b | €672.6m | 24.6x | 18.3x | 0.7x |
| Fri, 11 Oct 2024 | €12.7b | €17.3b | €793.6m | 24.3x | 16x | 0.7x |
| Sun, 08 Sep 2024 | €12.0b | €17.2b | €795.1m | 18.1x | 15.1x | 0.7x |
| Tue, 06 Aug 2024 | €11.4b | €17.2b | €795.1m | 17.6x | 14.4x | 0.7x |
| Thu, 04 Jul 2024 | €11.7b | €17.9b | €818.0m | 14.9x | 14.3x | 0.7x |
| Sat, 01 Jun 2024 | €12.0b | €18.2b | €821.3m | 16.2x | 14.6x | 0.7x |
| Mon, 29 Apr 2024 | €12.0b | €20.2b | €791.3m | 15.8x | 15.1x | 0.6x |
| Wed, 27 Mar 2024 | €12.1b | €20.2b | €799.0m | 15.1x | 15.1x | 0.6x |
| Fri, 23 Feb 2024 | €12.5b | €23.5b | €574.1m | 20.1x | 21.7x | 0.5x |
| Sun, 21 Jan 2024 | €12.8b | €23.5b | €575.8m | 22.9x | 22.3x | 0.5x |
| Tue, 19 Dec 2023 | €12.9b | €23.5b | €575.8m | 22.4x | 22.3x | 0.5x |
| Thu, 16 Nov 2023 | €12.1b | €23.5b | €586.2m | 22.5x | 20.7x | 0.5x |
| Sat, 14 Oct 2023 | €11.7b | €29.0b | €349.2m | 26.4x | 33.5x | 0.4x |
| Mon, 11 Sep 2023 | €12.3b | €29.0b | €346.2m | 29.3x | 35.5x | 0.4x |
| Wed, 09 Aug 2023 | €12.0b | €29.0b | €346.2m | 28.4x | 34.7x | 0.4x |
Price to Earnings Ratio
34.7x
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 39.5x which is higher than its 3-year average PE of 23.6x.
- The industry is trading close to its 3-year average PS ratio of 0.71x.
Past Earnings Growth
- The earnings for companies in the Renewable Energy industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have declined 13% per year.
- This means that the cost of doing business could be reducing since sales have declined but profits have remained steady.
Industry Trends
Which industries have driven the changes within the Italian Utilities industry?
| IT Market | 0.71% | |
| Utilities | -3.00% | |
| Renewable Energy | -3.91% | |
| Renewable Energy | -2.47% | |
| Independent Power Producers and Energy Traders | -4.58% | |
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 28.0x.
- 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 6.5% 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 6.5% 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 | |
|---|---|---|---|---|---|
| FRE Frendy Energy | €0.19 | 2.2% +€237.3k | -12.0% | PE221x |