Narrative Update • Jun 02
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- 7D-2.5%
- 3M-5.0%
- 1Y5.2%
- YTD-10.3%
Over the last 7 days, the Renewable Energy industry has dropped 1.2%, driven by pullbacks from every company within the industry. In the past year, the industry has gained 6.8%. 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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 16 Jun 2026 | €14.1b | €18.9b | €338.5m | 50.4x | 41.5x | 0.7x |
| Thu, 14 May 2026 | €15.0b | €17.3b | €530.5m | 41.2x | 28.2x | 0.9x |
| Sat, 11 Apr 2026 | €15.2b | €17.4b | €532.1m | 33x | 28.5x | 0.9x |
| Mon, 09 Mar 2026 | €15.2b | €17.4b | €597.3m | 29.1x | 25.4x | 0.9x |
| Wed, 04 Feb 2026 | €15.7b | €17.4b | €597.3m | 30.4x | 26.3x | 0.9x |
| Fri, 02 Jan 2026 | €15.7b | €17.4b | €597.3m | 29.6x | 26.4x | 0.9x |
| Sun, 30 Nov 2025 | €16.0b | €17.4b | €597.3m | 27.8x | 26.8x | 0.9x |
| Tue, 28 Oct 2025 | €16.6b | €17.4b | €566.6m | 28.3x | 29.4x | 1x |
| Thu, 25 Sep 2025 | €15.3b | €17.1b | €567.1m | 27.7x | 27x | 0.9x |
| Sat, 23 Aug 2025 | €14.6b | €17.1b | €567.1m | 25.8x | 25.8x | 0.9x |
| Mon, 21 Jul 2025 | €13.5b | €17.1b | €603.1m | 21x | 22.3x | 0.8x |
| Wed, 18 Jun 2025 | €13.2b | €17.1b | €603.1m | 20.1x | 21.8x | 0.8x |
| Fri, 16 May 2025 | €12.2b | €16.9b | €631.5m | 20.9x | 19.3x | 0.7x |
| Sun, 13 Apr 2025 | €11.7b | €16.9b | €630.4m | 24x | 18.6x | 0.7x |
| Tue, 11 Mar 2025 | €12.2b | €16.8b | €641.1m | 23.5x | 19.1x | 0.7x |
| Thu, 06 Feb 2025 | €12.9b | €16.8b | €641.1m | 24.4x | 20.1x | 0.8x |
| Sat, 04 Jan 2025 | €13.3b | €16.8b | €641.1m | 25.5x | 20.8x | 0.8x |
| Mon, 02 Dec 2024 | €12.7b | €16.8b | €641.1m | 26.3x | 19.9x | 0.8x |
| Wed, 30 Oct 2024 | €12.9b | €17.3b | €793.6m | 24.7x | 16.2x | 0.7x |
| Fri, 27 Sep 2024 | €12.1b | €17.2b | €795.1m | 18x | 15.2x | 0.7x |
| Sun, 25 Aug 2024 | €11.8b | €17.2b | €795.1m | 17.8x | 14.9x | 0.7x |
| Tue, 23 Jul 2024 | €11.8b | €17.9b | €818.0m | 15.1x | 14.4x | 0.7x |
| Thu, 20 Jun 2024 | €11.6b | €17.9b | €818.0m | 14.9x | 14.2x | 0.6x |
| Sat, 18 May 2024 | €12.1b | €20.3b | €790.3m | 16.1x | 15.3x | 0.6x |
| Mon, 15 Apr 2024 | €12.1b | €20.2b | €791.3m | 15.7x | 15.3x | 0.6x |
| Wed, 13 Mar 2024 | €12.7b | €20.3b | €703.1m | 15.5x | 18.1x | 0.6x |
| Fri, 09 Feb 2024 | €12.4b | €23.5b | €575.8m | 22.9x | 21.5x | 0.5x |
| Sun, 07 Jan 2024 | €13.0b | €23.5b | €575.8m | 22.9x | 22.6x | 0.6x |
| Tue, 05 Dec 2023 | €12.4b | €23.5b | €575.8m | 22.4x | 21.5x | 0.5x |
| Thu, 02 Nov 2023 | €11.9b | €23.5b | €586.2m | 22.8x | 20.2x | 0.5x |
| Sat, 30 Sep 2023 | €11.7b | €29.0b | €346.2m | 26.4x | 33.9x | 0.4x |
| Mon, 28 Aug 2023 | €12.2b | €29.0b | €346.2m | 28.9x | 35.3x | 0.4x |
| Wed, 26 Jul 2023 | €12.6b | €31.3b | €565.8m | 19.2x | 22.3x | 0.4x |
| Fri, 23 Jun 2023 | €12.2b | €31.3b | €565.8m | 21.1x | 21.5x | 0.4x |
Price to Earnings Ratio
21.5x
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 42.1x which is higher than its 3-year average PE of 22.9x.
- The industry is trading close to its 3-year average PS ratio of 0.70x.
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 16% 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 | 3.41% | |
| Utilities | 1.63% | |
| Renewable Energy | -2.50% | |
| Independent Power Producers and Energy Traders | -0.74% | |
| Renewable Energy | -5.84% | |
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 26.3x.
- 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 | |
|---|---|---|---|---|---|
| No data available | |||||