Returns At ERG (BIT:ERG) Are On The Way Up
Jan 07
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Italian (Borsa Italiana) Renewable Energy Industry Analysis
UpdatedJan 17, 2025
DataAggregated Company Financials
Companies5
- 7D0.1%
- 3M-10.4%
- 1Y-29.2%
- YTDn/a
Over the last 7 days, the Renewable Energy industry has dropped 6.5%, driven by ERG declining 6.5%. In contrast, Frendy Energy has gained 20%. Overall the industry is down 32% in 12 months. Looking forward, earnings are forecast to grow by 5.9% 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 |
|---|---|---|---|---|---|---|
| Fri, 17 Jan 2025 | €3.8b | €967.5m | €234.0m | 24.7x | 16.4x | 4x |
| Sun, 15 Dec 2024 | €4.0b | €1.5b | €235.1m | 26.6x | 16.9x | 2.6x |
| Tue, 12 Nov 2024 | €3.9b | €1.5b | €266.6m | 23.7x | 14.5x | 2.6x |
| Thu, 10 Oct 2024 | €4.4b | €1.5b | €266.6m | 25.1x | 16.4x | 2.9x |
| Sat, 07 Sep 2024 | €4.6b | €1.4b | €268.1m | 20.4x | 17.1x | 3.2x |
| Mon, 05 Aug 2024 | €4.5b | €1.5b | €268.1m | 20.4x | 16.9x | 3.1x |
| Wed, 03 Jul 2024 | €4.4b | €1.5b | €286.0m | 16.1x | 15.4x | 3x |
| Fri, 31 May 2024 | €4.9b | €1.8b | €289.3m | 17.7x | 16.9x | 2.7x |
| Sun, 28 Apr 2024 | €4.7b | €1.8b | €290.3m | 17x | 16.2x | 2.6x |
| Tue, 26 Mar 2024 | €1.1b | €1.1b | €72.0m | 15.2x | 15.8x | 1.1x |
| Thu, 22 Feb 2024 | €1.4b | €1.1b | €83.2m | 15.7x | 16.3x | 1.2x |
| Sat, 20 Jan 2024 | €1.6b | €1.1b | €85.0m | 21.9x | 18.6x | 1.4x |
| Mon, 18 Dec 2023 | €1.7b | €1.1b | €85.0m | 22.6x | 20.3x | 1.5x |
| Wed, 15 Nov 2023 | €1.5b | €1.1b | €85.0m | 21.2x | 17.1x | 1.3x |
| Fri, 13 Oct 2023 | €1.6b | €1.1b | €85.0m | 21.7x | 18.4x | 1.4x |
| Sun, 10 Sep 2023 | €1.7b | €1.2b | €82.0m | 19.6x | 21.1x | 1.5x |
| Tue, 08 Aug 2023 | €1.6b | €1.2b | €82.0m | 18.2x | 19.8x | 1.4x |
| Thu, 06 Jul 2023 | €1.7b | €1.2b | €75.0m | 20.3x | 22.6x | 1.4x |
| Sat, 03 Jun 2023 | €1.8b | €713.1m | €72.8m | 16.3x | 24.9x | 2.5x |
| Mon, 01 May 2023 | €1.7b | €716.9m | €74.4m | 11.8x | 23.5x | 2.4x |
| Wed, 29 Mar 2023 | €1.7b | €712.6m | €79.6m | 17.3x | 21.6x | 2.4x |
| Fri, 24 Feb 2023 | €1.9b | €680.0m | €80.8m | 18x | 23.1x | 2.7x |
| Sun, 22 Jan 2023 | €1.9b | €680.0m | €80.8m | 18x | 23.3x | 2.8x |
| Tue, 20 Dec 2022 | €2.0b | €682.4m | €80.9m | 25.2x | 24.7x | 2.9x |
| Thu, 17 Nov 2022 | €2.2b | €682.4m | €80.9m | 28x | 27.2x | 3.2x |
| Sat, 15 Oct 2022 | €2.1b | €682.4m | €80.9m | 27.2x | 26.6x | 3.1x |
| Mon, 12 Sep 2022 | €2.2b | €461.7m | €79.9m | 27.4x | 27.8x | 4.8x |
| Wed, 10 Aug 2022 | €2.2b | €461.7m | €79.9m | 26.5x | 28.1x | 4.9x |
| Fri, 08 Jul 2022 | €2.1b | €379.3m | €56.4m | 26.5x | 36.7x | 5.5x |
| Sun, 05 Jun 2022 | €4.9b | €868.0m | €37.0m | 37.2x | 131.7x | 5.6x |
| Tue, 03 May 2022 | €4.6b | €719.6m | €37.0m | 31.2x | 124.7x | 6.4x |
| Thu, 31 Mar 2022 | €4.7b | €857.4m | €36.3m | 34x | 130.1x | 5.5x |
| Sat, 26 Feb 2022 | €4.2b | €709.7m | €87.2m | 43.1x | 48.4x | 6x |
| Mon, 24 Jan 2022 | €4.2b | €709.7m | €87.2m | 43.8x | 47.7x | 5.9x |
Price to Earnings Ratio
47.7x
Current Industry PE
- Investors are pessimistic on the Italian Renewable Electricity 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 15.9x which is lower than its 3-year average PE of 31.9x.
- The 3-year average PS ratio of 3.0x is lower than the industry's current PS ratio of 3.8x.
Past Earnings Growth
- The earnings for companies in the Renewable Electricity industry have grown 39% per year over the last three years.
- Revenues for these companies have grown 11% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Italian Renewable Energy compare with similar industries?
| IT Market | 1.18% | |
| Utilities | 1.10% | |
| Renewable Energy | 1.68% | |
| Renewable Energy | 0.13% | |
| Independent Power Producers and Energy Traders | 2.32% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ERG ERG | €19.89 | 1.4% +€41.0m | -26.6% | PE14.8x | |
| IB Iniziative Bresciane | €14.80 | 0.7% +€520.4k | 0.7% | PE25.3x | |
| CGF Cogefeed | €0.72 | 16.1% +€514.4k | n/a | n/a | |
| FRE Frendy Energy | €0.25 | 1.6% +€237.3k | 24.5% | PE36.9x |
