Narrative Update • Jun 30
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- 7D0.3%
- 3M-9.0%
- 1Y1.6%
- YTD-11.9%
Last week, the Renewable Energy industry hasn't moved much but Ecosuntek is up 3.7% in that time. In line with that, the industry has also been flat over the past 12 months. As for the next few years, earnings are expected to grow by 15% per annum.
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 |
|---|---|---|---|---|---|---|
| Fri, 10 Jul 2026 | €13.8b | €19.1b | €339.4m | 42.5x | 40.7x | 0.7x |
| Sun, 07 Jun 2026 | €14.5b | €18.9b | €338.5m | 53.5x | 42.9x | 0.8x |
| Tue, 05 May 2026 | €15.3b | €17.3b | €530.5m | 40x | 28.8x | 0.9x |
| Thu, 02 Apr 2026 | €15.1b | €17.4b | €532.1m | 31.5x | 28.4x | 0.9x |
| Sat, 28 Feb 2026 | €15.3b | €17.4b | €597.3m | 29.1x | 25.7x | 0.9x |
| Mon, 26 Jan 2026 | €15.8b | €17.4b | €597.3m | 29.8x | 26.5x | 0.9x |
| Wed, 24 Dec 2025 | €15.5b | €17.4b | €597.3m | 28.2x | 25.9x | 0.9x |
| Fri, 21 Nov 2025 | €16.1b | €17.4b | €597.3m | 26.9x | 26.9x | 0.9x |
| Sun, 19 Oct 2025 | €16.4b | €17.4b | €566.6m | 29.1x | 28.9x | 0.9x |
| Tue, 16 Sep 2025 | €15.5b | €17.1b | €567.1m | 28.2x | 27.4x | 0.9x |
| Thu, 14 Aug 2025 | €14.2b | €17.1b | €567.1m | 25.5x | 25.1x | 0.8x |
| Sat, 12 Jul 2025 | €13.6b | €17.1b | €603.1m | 20.6x | 22.5x | 0.8x |
| Mon, 09 Jun 2025 | €13.0b | €16.9b | €602.5m | 22.1x | 21.6x | 0.8x |
| Wed, 07 May 2025 | €12.3b | €16.9b | €631.5m | 21x | 19.6x | 0.7x |
| Fri, 04 Apr 2025 | €12.2b | €16.9b | €630.4m | 25.2x | 19.4x | 0.7x |
| Sun, 02 Mar 2025 | €12.3b | €16.8b | €641.1m | 23.5x | 19.1x | 0.7x |
| Tue, 28 Jan 2025 | €12.8b | €16.8b | €641.1m | 24.5x | 20x | 0.8x |
| Thu, 26 Dec 2024 | €12.7b | €16.8b | €641.1m | 24.7x | 19.7x | 0.8x |
| Sat, 23 Nov 2024 | €12.5b | €16.8b | €641.1m | 25.1x | 19.5x | 0.7x |
| Mon, 21 Oct 2024 | €12.7b | €17.3b | €793.6m | 24.7x | 16x | 0.7x |
| Wed, 18 Sep 2024 | €12.1b | €17.2b | €795.1m | 18.2x | 15.3x | 0.7x |
| Fri, 16 Aug 2024 | €11.7b | €17.2b | €795.1m | 17.5x | 14.8x | 0.7x |
| Sun, 14 Jul 2024 | €11.9b | €17.9b | €818.0m | 15.2x | 14.5x | 0.7x |
| Tue, 11 Jun 2024 | €12.1b | €18.2b | €821.3m | 15.9x | 14.7x | 0.7x |
| Thu, 09 May 2024 | €12.1b | €18.2b | €822.3m | 16.1x | 14.7x | 0.7x |
| Sat, 06 Apr 2024 | €11.9b | €20.2b | €787.3m | 14.8x | 15.1x | 0.6x |
| Mon, 04 Mar 2024 | €12.7b | €20.5b | €703.1m | 15.4x | 18.1x | 0.6x |
| Wed, 31 Jan 2024 | €12.5b | €23.5b | €575.8m | 22.6x | 21.8x | 0.5x |
| Fri, 29 Dec 2023 | €13.2b | €23.5b | €575.8m | 23.1x | 23x | 0.6x |
| Sun, 26 Nov 2023 | €12.3b | €23.5b | €575.8m | 22.6x | 21.4x | 0.5x |
| Tue, 24 Oct 2023 | €11.6b | €29.0b | €349.2m | 25.9x | 33.3x | 0.4x |
| Thu, 21 Sep 2023 | €12.1b | €29.0b | €346.2m | 28.7x | 34.8x | 0.4x |
| Sat, 19 Aug 2023 | €11.9b | €29.0b | €346.2m | 27.6x | 34.3x | 0.4x |
| Mon, 17 Jul 2023 | €12.4b | €31.3b | €565.8m | 19.9x | 21.9x | 0.4x |
Price to Earnings Ratio
21.9x
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 41.0x which is higher than its 3-year average PE of 23.3x.
- 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 declined 16% per year over the last three years,
- Revenues have also declined 15% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Italian Utilities industry?
| IT Market | -0.27% | |
| Utilities | -0.40% | |
| Renewable Energy | 0.32% | |
| Independent Power Producers and Energy Traders | 1.37% | |
| Renewable Energy | -1.74% | |
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 27.2x.
- 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 15% 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 15% 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 | |
|---|---|---|---|---|---|
| ECK Ecosuntek | €3.40 | 3.7% +€2.1m | 53.2% | PE25.8x | |
| FRE Frendy Energy | €0.18 | 2.2% +€237.3k | -19.6% | PE215.2x |