New Narrative • Jul 23
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- 7D-2.1%
- 3M-4.2%
- 1Y27.0%
- YTD16.9%
Over the last 7 days, the Renewable Energy industry has dropped 1.7%, driven by a pullback from RENOVA of 12%. Meanwhile, GreenEnergy actually outperformed within the industry, gaining 9.6% in the last week. Over the past 12 months, the industry was up 25%. As for the next few years, earnings are expected to grow by 7.4% per annum.
Industry Valuation and Performance
Has the Japanese Renewable Energy Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 04 Aug 2026 | JP¥917.9b | JP¥1.5t | JP¥47.5b | 17x | 19.3x | 0.6x |
| Thu, 02 Jul 2026 | JP¥856.6b | JP¥1.5t | JP¥70.0b | 10.9x | 12.2x | 0.6x |
| Sat, 30 May 2026 | JP¥964.6b | JP¥1.5t | JP¥69.9b | 12.1x | 13.8x | 0.7x |
| Mon, 27 Apr 2026 | JP¥911.3b | JP¥1.5t | JP¥106.5b | 13.3x | 8.6x | 0.6x |
| Wed, 25 Mar 2026 | JP¥886.7b | JP¥1.5t | JP¥106.5b | 13x | 8.3x | 0.6x |
| Fri, 20 Feb 2026 | JP¥848.2b | JP¥1.5t | JP¥106.3b | 12.9x | 8x | 0.6x |
| Sun, 18 Jan 2026 | JP¥775.9b | JP¥1.5t | JP¥115.9b | 14.2x | 6.7x | 0.5x |
| Tue, 16 Dec 2025 | JP¥778.3b | JP¥1.6t | JP¥117.7b | 17.9x | 6.6x | 0.5x |
| Thu, 13 Nov 2025 | JP¥762.4b | JP¥1.6t | JP¥116.4b | 18.1x | 6.5x | 0.5x |
| Sat, 11 Oct 2025 | JP¥762.0b | JP¥1.6t | JP¥125.5b | 24x | 6.1x | 0.5x |
| Mon, 08 Sep 2025 | JP¥816.0b | JP¥1.6t | JP¥125.5b | 24.3x | 6.5x | 0.5x |
| Wed, 06 Aug 2025 | JP¥766.8b | JP¥1.6t | JP¥126.5b | 21.9x | 6.1x | 0.5x |
| Fri, 04 Jul 2025 | JP¥714.6b | JP¥1.6t | JP¥95.3b | 24.3x | 7.5x | 0.4x |
| Sun, 01 Jun 2025 | JP¥681.3b | JP¥1.6t | JP¥95.3b | 22.9x | 7.1x | 0.4x |
| Tue, 29 Apr 2025 | JP¥655.1b | JP¥1.6t | JP¥98.2b | 24.8x | 6.7x | 0.4x |
| Thu, 27 Mar 2025 | JP¥694.7b | JP¥1.6t | JP¥98.4b | 25.5x | 7.1x | 0.4x |
| Sat, 22 Feb 2025 | JP¥701.0b | JP¥1.6t | JP¥100.0b | 24.2x | 7x | 0.4x |
| Mon, 20 Jan 2025 | JP¥672.3b | JP¥1.6t | JP¥93.6b | 18x | 7.2x | 0.4x |
| Wed, 18 Dec 2024 | JP¥682.5b | JP¥1.6t | JP¥93.6b | 20x | 7.3x | 0.4x |
| Fri, 15 Nov 2024 | JP¥684.4b | JP¥1.6t | JP¥95.4b | 19.7x | 7.2x | 0.4x |
| Sun, 13 Oct 2024 | JP¥654.8b | JP¥1.6t | JP¥77.2b | 28.4x | 8.5x | 0.4x |
| Tue, 10 Sep 2024 | JP¥660.8b | JP¥1.6t | JP¥77.2b | 28.5x | 8.6x | 0.4x |
| Thu, 08 Aug 2024 | JP¥635.0b | JP¥1.6t | JP¥72.7b | 33.7x | 8.7x | 0.4x |
| Sat, 06 Jul 2024 | JP¥689.6b | JP¥1.6t | JP¥64.8b | 38.5x | 10.6x | 0.4x |
| Mon, 03 Jun 2024 | JP¥735.4b | JP¥1.6t | JP¥64.7b | 48.1x | 11.4x | 0.4x |
| Wed, 01 May 2024 | JP¥881.8b | JP¥1.8t | JP¥58.8b | 21.3x | 15x | 0.5x |
| Fri, 29 Mar 2024 | JP¥785.1b | JP¥1.8t | JP¥58.6b | 21.8x | 13.4x | 0.4x |
| Sun, 25 Feb 2024 | JP¥776.1b | JP¥1.8t | JP¥58.6b | 20.2x | 13.2x | 0.4x |
| Tue, 23 Jan 2024 | JP¥859.2b | JP¥2.1t | JP¥86.2b | 20.3x | 10x | 0.4x |
| Thu, 21 Dec 2023 | JP¥767.0b | JP¥2.1t | JP¥85.5b | 21x | 9x | 0.4x |
| Sat, 18 Nov 2023 | JP¥777.1b | JP¥2.1t | JP¥85.6b | 22x | 9.1x | 0.4x |
| Mon, 16 Oct 2023 | JP¥823.5b | JP¥2.2t | JP¥129.8b | 12.4x | 6.3x | 0.4x |
| Wed, 13 Sep 2023 | JP¥793.3b | JP¥2.2t | JP¥130.5b | 13.6x | 6.1x | 0.4x |
| Fri, 11 Aug 2023 | JP¥774.6b | JP¥2.2t | JP¥136.1b | 10.8x | 5.7x | 0.3x |
Price to Earnings Ratio
5.7x
Current Industry PE
- Investors are optimistic on the Japanese Renewable Energy industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 19.3x which is higher than its 3-year average PE of 8.7x.
- The industry is trading close to its 3-year average PS ratio of 0.46x.
Past Earnings Growth
- The earnings for companies in the Renewable Energy industry have declined 30% per year over the last three years,
- Revenues have also declined 12% 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 Japanese Utilities industry?
| JP Market | -2.54% | |
| Utilities | -2.35% | |
| Renewable Energy | -2.14% | |
| Independent Power Producers and Energy Traders | -0.57% | |
| Renewable Energy | -8.19% | |
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 6.1x.
- Analysts are expecting annual earnings growth of 7.4%, which is higher than its past year's earnings growth of 5.1% per year.
- 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.
Forecasted Growth
- Analysts are most optimistic on the Independent Power Producers and Energy Traders industry, expecting annual earnings growth of 7.4% over the next 5 years.
- This is better than its past earnings growth rate of 5.1% per year.
- In contrast, the Renewable Energy industry is expected to see its earnings grow by 7.3% 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 | |
|---|---|---|---|---|---|
| 9513 Electric Power Development | JP¥3.88k | 1.5% +JP¥9.9b | 45.0% | PE20.1x | |
| 1436 GreenEnergy | JP¥1.49k | 16.9% +JP¥2.7b | 91.8% | PE36.8x | |
| 350A DIGITAL GRID | JP¥783.00 | 7.0% +JP¥2.1b | -59.5% | PE14.9x | |
| 3777 Environment Friendly Holdings | JP¥46.00 | 2.2% +JP¥359.7m | -33.3% | PS13.5x | |
| 9514 EF-ON | JP¥330.00 | 1.5% +JP¥105.8m | -12.0% | PE2.9x |