New Zealand (NZX) Renewable Energy Industry Analysis

Industry Valuation and Performance

Has the New Zealand Renewable Energy Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sat, 15 Mar 2025	NZ$14.4b	NZ$5.0b	NZ$123.0m	68.3x	117.3x	2.9x
Mon, 10 Feb 2025	NZ$15.4b	NZ$4.9b	NZ$429.1m	174.7x	36x	3.2x
Wed, 08 Jan 2025	NZ$15.7b	NZ$4.9b	NZ$429.1m	179.4x	36.5x	3.2x
Fri, 06 Dec 2024	NZ$15.7b	NZ$4.9b	NZ$429.1m	165.8x	36.7x	3.2x
Sun, 03 Nov 2024	NZ$15.4b	NZ$4.9b	NZ$429.1m	185.7x	35.8x	3.2x
Tue, 01 Oct 2024	NZ$15.5b	NZ$4.9b	NZ$429.1m	179.7x	36.2x	3.2x
Thu, 29 Aug 2024	NZ$15.9b	NZ$4.9b	NZ$418.8m	37x	38x	3.3x
Sat, 27 Jul 2024	NZ$17.0b	NZ$3.9b	NZ$74.8m	198.9x	226.8x	4.4x
Mon, 24 Jun 2024	NZ$15.8b	NZ$3.9b	NZ$74.8m	185.8x	211.9x	4.1x
Wed, 22 May 2024	NZ$16.1b	NZ$3.9b	NZ$74.8m	188.5x	214.9x	4.1x
Fri, 19 Apr 2024	NZ$15.2b	NZ$3.9b	NZ$74.8m	177.9x	202.9x	3.9x
Sun, 17 Mar 2024	NZ$14.4b	NZ$3.9b	NZ$74.8m	169.1x	192.9x	3.7x
Tue, 13 Feb 2024	NZ$14.4b	NZ$3.2b	NZ$89.7m	151.1x	160.6x	4.5x
Thu, 11 Jan 2024	NZ$14.8b	NZ$3.2b	NZ$89.7m	153.6x	165.3x	4.6x
Sat, 09 Dec 2023	NZ$13.5b	NZ$3.2b	NZ$89.7m	143x	150.5x	4.2x
Mon, 06 Nov 2023	NZ$13.0b	NZ$3.2b	NZ$89.7m	136.2x	144.7x	4x
Wed, 04 Oct 2023	NZ$13.5b	NZ$3.2b	NZ$89.7m	140.4x	150.4x	4.2x
Fri, 01 Sep 2023	NZ$13.9b	NZ$3.2b	NZ$89.7m	145.9x	154.9x	4.3x
Sun, 30 Jul 2023	NZ$14.2b	NZ$3.6b	NZ$509.6m	21.1x	28x	4x
Tue, 27 Jun 2023	NZ$13.8b	NZ$3.6b	NZ$509.6m	20.6x	27x	3.9x
Thu, 25 May 2023	NZ$14.2b	NZ$3.6b	NZ$509.6m	21.5x	28x	4x
Sat, 22 Apr 2023	NZ$13.5b	NZ$3.6b	NZ$509.6m	20.7x	26.6x	3.8x
Mon, 20 Mar 2023	NZ$13.5b	NZ$3.6b	NZ$509.6m	19.9x	26.5x	3.8x
Wed, 15 Feb 2023	NZ$13.8b	NZ$3.7b	NZ$456.2m	19.3x	30.2x	3.7x
Fri, 13 Jan 2023	NZ$13.6b	NZ$3.7b	NZ$456.2m	18.8x	29.9x	3.7x
Sun, 11 Dec 2022	NZ$13.1b	NZ$3.7b	NZ$456.2m	18.8x	28.7x	3.5x
Tue, 08 Nov 2022	NZ$12.3b	NZ$3.7b	NZ$456.2m	18.4x	26.9x	3.3x
Thu, 06 Oct 2022	NZ$12.4b	NZ$3.7b	NZ$456.2m	18.3x	27.2x	3.3x
Sat, 03 Sep 2022	NZ$12.9b	NZ$3.7b	NZ$456.2m	19.4x	28.3x	3.5x
Mon, 01 Aug 2022	NZ$12.9b	NZ$4.3b	NZ$350.4m	24.9x	36.7x	3x
Wed, 29 Jun 2022	NZ$11.9b	NZ$4.3b	NZ$350.4m	22.8x	34x	2.8x
Fri, 27 May 2022	NZ$11.5b	NZ$4.3b	NZ$350.4m	22.5x	32.9x	2.7x
Sun, 24 Apr 2022	NZ$12.5b	NZ$4.3b	NZ$350.4m	24.6x	35.7x	2.9x
Tue, 22 Mar 2022	NZ$13.3b	NZ$4.3b	NZ$350.4m	26.1x	38x	3.1x

Current Industry PE

There are only 2 companies in the New Zealander Renewable Energy industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.

Past Earnings Growth

The earnings for companies in the Renewable Energy industry have declined 29% per year over the last three years.
Meanwhile revenues for these companies have grown 5.4% per year.
This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the New Zealand Utilities industry?


NZ Market	-1.14%
Utilities	-0.092%
Renewable Energy	1.75%
Renewable Energy	1.75%

Industry PE

Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 83.9x.

Analysts are expecting annual earnings growth of 25.8%, which is lower than the prior year's growth of 37.6% 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 of 83.9x.

Forecasted Growth

Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 26% over the next 5 years.
However this is lower than its past earnings growth rate of 38% per year.