Analysis Article • May 19
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- 7D-2.8%
- 3M22.4%
- 1Y62.0%
- YTD33.9%
Over the last 7 days, the Renewable Energy industry has dropped 2.8%, driven by Electric Power Development declining 3.1%. Meanwhile, DIGITAL GRID actually outperformed within the industry, gaining 7.9% in the last week. Over the past 12 months, the industry was up 62%. As for the next few years, earnings are expected to grow by 2.4% 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 |
|---|---|---|---|---|---|---|
| Sat, 23 May 2026 | JP¥1.0t | JP¥1.5t | JP¥69.9b | 12.9x | 14.4x | 0.7x |
| Mon, 20 Apr 2026 | JP¥931.1b | JP¥1.5t | JP¥106.5b | 13.8x | 8.7x | 0.6x |
| Wed, 18 Mar 2026 | JP¥909.4b | JP¥1.5t | JP¥106.5b | 14.3x | 8.5x | 0.6x |
| Fri, 13 Feb 2026 | JP¥819.2b | JP¥1.5t | JP¥106.1b | 13.2x | 7.7x | 0.5x |
| Sun, 11 Jan 2026 | JP¥805.1b | JP¥1.6t | JP¥117.7b | 18.8x | 6.8x | 0.5x |
| Tue, 09 Dec 2025 | JP¥767.2b | JP¥1.6t | JP¥117.6b | 17.9x | 6.5x | 0.5x |
| Thu, 06 Nov 2025 | JP¥754.2b | JP¥1.6t | JP¥113.6b | 23.4x | 6.6x | 0.5x |
| Sat, 04 Oct 2025 | JP¥767.5b | JP¥1.6t | JP¥125.5b | 25.1x | 6.1x | 0.5x |
| Mon, 01 Sep 2025 | JP¥813.8b | JP¥1.6t | JP¥125.5b | 23.7x | 6.5x | 0.5x |
| Wed, 30 Jul 2025 | JP¥747.4b | JP¥1.6t | JP¥97.3b | 21.1x | 7.7x | 0.5x |
| Fri, 27 Jun 2025 | JP¥698.4b | JP¥1.6t | JP¥95.3b | 21.5x | 7.3x | 0.4x |
| Sun, 25 May 2025 | JP¥673.6b | JP¥1.6t | JP¥95.3b | 22.2x | 7.1x | 0.4x |
| Tue, 22 Apr 2025 | JP¥626.8b | JP¥1.6t | JP¥98.2b | 22.7x | 6.4x | 0.4x |
| Thu, 20 Mar 2025 | JP¥743.1b | JP¥1.6t | JP¥100.0b | 24.2x | 7.4x | 0.5x |
| Sat, 15 Feb 2025 | JP¥696.2b | JP¥1.6t | JP¥99.7b | 32x | 7x | 0.4x |
| Mon, 13 Jan 2025 | JP¥677.8b | JP¥1.6t | JP¥93.6b | 18.3x | 7.2x | 0.4x |
| Wed, 11 Dec 2024 | JP¥675.9b | JP¥1.6t | JP¥93.6b | 20.6x | 7.2x | 0.4x |
| Fri, 08 Nov 2024 | JP¥696.8b | JP¥1.6t | JP¥89.9b | 27x | 7.8x | 0.4x |
| Sun, 06 Oct 2024 | JP¥671.3b | JP¥1.6t | JP¥77.2b | 29.8x | 8.7x | 0.4x |
| Tue, 03 Sep 2024 | JP¥695.2b | JP¥1.6t | JP¥77.2b | 29.1x | 9x | 0.4x |
| Thu, 01 Aug 2024 | JP¥687.4b | JP¥1.6t | JP¥64.8b | 40x | 10.6x | 0.4x |
| Sat, 29 Jun 2024 | JP¥708.8b | JP¥1.6t | JP¥64.8b | 41.1x | 10.9x | 0.4x |
| Mon, 27 May 2024 | JP¥816.2b | JP¥1.7t | JP¥71.6b | 29.4x | 11.4x | 0.5x |
| Wed, 24 Apr 2024 | JP¥887.6b | JP¥1.8t | JP¥58.8b | 21.3x | 15.1x | 0.5x |
| Fri, 22 Mar 2024 | JP¥787.1b | JP¥1.8t | JP¥58.6b | 21.9x | 13.4x | 0.4x |
| Sun, 18 Feb 2024 | JP¥784.1b | JP¥1.8t | JP¥58.8b | 19.3x | 13.3x | 0.4x |
| Tue, 16 Jan 2024 | JP¥844.2b | JP¥2.1t | JP¥86.2b | 19.1x | 9.8x | 0.4x |
| Thu, 14 Dec 2023 | JP¥760.5b | JP¥2.1t | JP¥85.6b | 19.5x | 8.9x | 0.4x |
| Sat, 11 Nov 2023 | JP¥773.3b | JP¥2.1t | JP¥95.8b | 17.2x | 8.1x | 0.4x |
| Mon, 09 Oct 2023 | JP¥784.2b | JP¥2.2t | JP¥130.5b | 12.7x | 6x | 0.3x |
| Wed, 06 Sep 2023 | JP¥799.3b | JP¥2.2t | JP¥130.5b | 14.4x | 6.1x | 0.4x |
| Fri, 04 Aug 2023 | JP¥758.2b | JP¥2.2t | JP¥139.4b | 11.2x | 5.4x | 0.3x |
| Sun, 02 Jul 2023 | JP¥750.5b | JP¥2.3t | JP¥131.3b | 11.2x | 5.7x | 0.3x |
| Tue, 30 May 2023 | JP¥754.7b | JP¥2.3t | JP¥131.2b | 17.6x | 5.8x | 0.3x |
Price to Earnings Ratio
5.8x
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 14.4x which is higher than its 3-year average PE of 8.2x.
- The industry is trading close to its 3-year average PS ratio of 0.44x.
Past Earnings Growth
- The earnings for companies in the Renewable Energy industry have declined 19% per year over the last three years,
- Revenues have also declined 13% 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 | 1.18% | |
| Utilities | -2.77% | |
| Renewable Energy | -2.80% | |
| Independent Power Producers and Energy Traders | -2.51% | |
| Renewable Energy | -3.82% | |
Industry PE
- Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 3.5%, which is lower than the prior year's growth of 151.7% per year.
- Investors are most pessimistic about the Independent Power Producers and Energy Traders industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 5.5x.
Forecasted Growth
- Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 3.5% over the next 5 years.
- In contrast, the Independent Power Producers and Energy Traders industry is expected to see its earnings grow by 2.1% 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 | |
|---|---|---|---|---|---|
| 350A DIGITAL GRID | JP¥960.00 | 7.9% +JP¥2.6b | -17.4% | n/a | |
| 1436 GreenEnergy | JP¥1.88k | 1.6% +JP¥371.0m | 162.1% | PE48.7x | |
| 9519 RENOVA | JP¥1.35k | 0.3% +JP¥361.6m | 104.2% | PE36.9x |