There's Been No Shortage Of Growth Recently For Alerion Clean Power's (BIT:ARN) Returns On Capital
Nov 14
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Italian (Borsa Italiana) Renewable Energy Industry Analysis
UpdatedNov 18, 2024
DataAggregated Company Financials
Companies7
- 7D3.0%
- 3M5.4%
- 1Y4.0%
- YTD-2.7%
Over the last 7 days, the Renewable Energy industry has risen 3.0%, driven by gains from Alerion Clean Power of 13%. This means that the industry has gained 4.0% over the past year. Earnings are forecast to grow by 5.3% 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 |
|---|---|---|---|---|---|---|
| Mon, 18 Nov 2024 | €12.6b | €16.9b | €641.1m | 25.2x | 19.7x | 0.7x |
| Wed, 16 Oct 2024 | €12.5b | €17.3b | €793.6m | 24.7x | 15.8x | 0.7x |
| Fri, 13 Sep 2024 | €12.1b | €17.2b | €795.1m | 18.2x | 15.2x | 0.7x |
| Sun, 11 Aug 2024 | €11.6b | €17.2b | €795.1m | 17.5x | 14.6x | 0.7x |
| Tue, 09 Jul 2024 | €11.6b | €17.9b | €818.0m | 14.8x | 14.2x | 0.6x |
| Thu, 06 Jun 2024 | €12.2b | €18.2b | €821.3m | 16.4x | 14.9x | 0.7x |
| Sat, 04 May 2024 | €12.0b | €20.3b | €791.3m | 15.9x | 15.2x | 0.6x |
| Mon, 01 Apr 2024 | €12.0b | €20.2b | €787.3m | 15.4x | 15.3x | 0.6x |
| Wed, 28 Feb 2024 | €12.6b | €23.5b | €574.1m | 20.4x | 22x | 0.5x |
| Fri, 26 Jan 2024 | €12.7b | €23.5b | €575.8m | 22.7x | 22.1x | 0.5x |
| Sun, 24 Dec 2023 | €13.1b | €23.5b | €575.8m | 22.9x | 22.7x | 0.6x |
| Tue, 21 Nov 2023 | €12.3b | €23.5b | €575.8m | 22.2x | 21.3x | 0.5x |
| Thu, 19 Oct 2023 | €11.8b | €29.0b | €349.2m | 26.6x | 33.9x | 0.4x |
| Sat, 16 Sep 2023 | €12.3b | €29.0b | €346.2m | 29.9x | 35.5x | 0.4x |
| Mon, 14 Aug 2023 | €12.0b | €29.0b | €346.2m | 28.3x | 34.7x | 0.4x |
| Wed, 12 Jul 2023 | €12.3b | €31.3b | €565.8m | 19.9x | 21.8x | 0.4x |
| Fri, 09 Jun 2023 | €12.4b | €30.8b | €563.6m | 19.2x | 21.9x | 0.4x |
| Sun, 07 May 2023 | €12.5b | €30.9b | €565.2m | 16.4x | 22x | 0.4x |
| Tue, 04 Apr 2023 | €12.6b | €31.9b | €436.6m | 20.9x | 28.9x | 0.4x |
| Thu, 02 Mar 2023 | €12.5b | €32.3b | €502.7m | 18.4x | 24.8x | 0.4x |
| Sat, 28 Jan 2023 | €13.5b | €29.6b | €593.7m | 19.2x | 22.8x | 0.5x |
| Mon, 26 Dec 2022 | €12.9b | €29.6b | €593.8m | 24.4x | 21.7x | 0.4x |
| Wed, 23 Nov 2022 | €13.5b | €29.6b | €802.3m | 27.2x | 16.8x | 0.5x |
| Fri, 21 Oct 2022 | €12.7b | €22.7b | €855.3m | 21.4x | 14.8x | 0.6x |
| Sun, 18 Sep 2022 | €13.1b | €22.5b | €854.3m | 20.6x | 15.3x | 0.6x |
| Tue, 16 Aug 2022 | €13.8b | €22.5b | €854.3m | 22.9x | 16.2x | 0.6x |
| Thu, 14 Jul 2022 | €12.4b | €18.2b | €622.3m | 23.1x | 20x | 0.7x |
| Sat, 11 Jun 2022 | €15.6b | €18.8b | €604.0m | 20.7x | 25.8x | 0.8x |
| Mon, 09 May 2022 | €15.2b | €18.6b | €552.9m | 29.5x | 27.5x | 0.8x |
| Wed, 06 Apr 2022 | €18.0b | €13.6b | €623.2m | 30.9x | 28.8x | 1.3x |
| Fri, 04 Mar 2022 | €16.1b | €13.5b | €660.1m | 30.9x | 24.3x | 1.2x |
| Sun, 30 Jan 2022 | €15.1b | €10.5b | €768.1m | 29.8x | 19.6x | 1.4x |
| Tue, 28 Dec 2021 | €15.4b | €10.5b | €768.1m | 31.1x | 20.1x | 1.5x |
| Thu, 25 Nov 2021 | €14.7b | €10.5b | €768.1m | 28.8x | 19.2x | 1.4x |
Price to Earnings Ratio
19.2x
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 21.7x.
- The industry is trading close to its 3-year average PS ratio of 0.68x.
Past Earnings Growth
- The earnings for companies in the Renewable Energy industry have declined 5.8% per year over the last three years.
- Meanwhile revenues for these companies have grown 17% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Italian Utilities industry?
| IT Market | 0.86% | |
| Utilities | 1.58% | |
| Renewable Energy | 2.98% | |
| Independent Power Producers and Energy Traders | 3.40% | |
| Renewable Energy | 2.09% | |
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 21.0x.
- 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, which is trading below its 3-year average of 33.6x.
Forecasted Growth
- Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 5.3% over the next 5 years.
- This is better than its past earnings decline of 26% per year.
- In contrast, the Renewable Energy industry is expected to see its earnings grow by 5.3% 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 | €17.00 | 13.9% +€111.4m | -28.6% | PE26.5x | |
| RNG Renergetica | €10.10 | 1.0% +€810.4k | 49.0% | PE46.6x | |
| IB Iniziative Bresciane | €14.00 | 0.7% +€520.4k | -2.8% | PE23.9x | |
| ECK Ecosuntek | €16.20 | 0.6% +€171.3k | -26.0% | PE27x | |
| FRE Frendy Energy | €0.20 | 0.5% +€59.3k | 0% | PE28.8x |
