Filipino (PSEi) Renewable Energy Industry Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies11
- 7D1.7%
- 3M-6.1%
- 1Y-16.4%
- YTD-7.4%
In the last week, the Renewable Energy industry is up 2.0%, with Acen up 8.6%. However, the industry is down 18% over the past year. As for the next few years, earnings are expected to grow by 10% per annum.
Industry Valuation and Performance
Has the Filipino Renewable Energy Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | ₱584.1b | ₱578.1b | ₱71.0b | 8.6x | 8.2x | 1x |
| Sun, 24 Mar 2024 | ₱615.7b | ₱590.8b | ₱71.8b | 8x | 8.6x | 1x |
| Tue, 20 Feb 2024 | ₱621.4b | ₱592.0b | ₱79.8b | 8.2x | 7.8x | 1x |
| Thu, 18 Jan 2024 | ₱599.3b | ₱591.9b | ₱79.8b | 7.4x | 7.5x | 1x |
| Sat, 16 Dec 2023 | ₱604.4b | ₱591.4b | ₱79.7b | 7.2x | 7.6x | 1x |
| Mon, 13 Nov 2023 | ₱646.3b | ₱602.8b | ₱79.9b | 7.4x | 8.1x | 1.1x |
| Wed, 11 Oct 2023 | ₱655.4b | ₱612.2b | ₱79.1b | 7.4x | 8.3x | 1.1x |
| Fri, 08 Sep 2023 | ₱638.8b | ₱612.1b | ₱79.1b | 7.1x | 8.1x | 1x |
| Sun, 06 Aug 2023 | ₱660.7b | ₱602.0b | ₱73.9b | 8x | 8.9x | 1.1x |
| Tue, 04 Jul 2023 | ₱664.0b | ₱597.8b | ₱73.2b | 8x | 9.1x | 1.1x |
| Thu, 01 Jun 2023 | ₱652.3b | ₱600.3b | ₱73.5b | 9x | 8.9x | 1.1x |
| Sat, 29 Apr 2023 | ₱642.0b | ₱570.2b | ₱63.9b | 9.7x | 10.1x | 1.1x |
| Mon, 27 Mar 2023 | ₱658.2b | ₱529.7b | ₱56.2b | 10.2x | 11.7x | 1.2x |
| Wed, 22 Feb 2023 | ₱685.5b | ₱528.8b | ₱48.4b | 10.7x | 14.2x | 1.3x |
| Fri, 20 Jan 2023 | ₱690.7b | ₱528.0b | ₱48.3b | 10.7x | 14.3x | 1.3x |
| Sun, 18 Dec 2022 | ₱665.1b | ₱529.8b | ₱48.5b | 10.3x | 13.7x | 1.3x |
| Tue, 15 Nov 2022 | ₱611.2b | ₱484.3b | ₱44.0b | 13.9x | 13.9x | 1.3x |
| Thu, 13 Oct 2022 | ₱580.9b | ₱488.4b | ₱44.4b | 13.4x | 13.1x | 1.2x |
| Sat, 10 Sep 2022 | ₱641.4b | ₱483.8b | ₱44.0b | 14.6x | 14.6x | 1.3x |
| Mon, 08 Aug 2022 | ₱708.2b | ₱447.7b | ₱39.3b | 13.9x | 18x | 1.6x |
| Wed, 06 Jul 2022 | ₱664.2b | ₱446.4b | ₱39.2b | 13.7x | 16.9x | 1.5x |
| Fri, 03 Jun 2022 | ₱641.7b | ₱440.4b | ₱38.5b | 13x | 16.7x | 1.5x |
| Sun, 01 May 2022 | ₱667.3b | ₱411.9b | ₱42.6b | 15.6x | 15.7x | 1.6x |
| Tue, 29 Mar 2022 | ₱746.8b | ₱394.1b | ₱44.8b | 12.9x | 16.7x | 1.9x |
| Thu, 24 Feb 2022 | ₱766.7b | ₱389.9b | ₱43.8b | 13.4x | 17.5x | 2x |
| Sat, 22 Jan 2022 | ₱784.8b | ₱390.6b | ₱43.8b | 12.7x | 17.9x | 2x |
| Mon, 20 Dec 2021 | ₱802.4b | ₱387.4b | ₱43.4b | 13x | 18.5x | 2.1x |
| Wed, 17 Nov 2021 | ₱853.7b | ₱367.9b | ₱38.5b | 13x | 22.2x | 2.3x |
| Fri, 15 Oct 2021 | ₱831.5b | ₱369.4b | ₱38.1b | 13x | 21.8x | 2.3x |
| Sun, 12 Sep 2021 | ₱775.2b | ₱366.0b | ₱37.6b | 12.4x | 20.6x | 2.1x |
| Tue, 10 Aug 2021 | ₱675.9b | ₱366.0b | ₱37.6b | 11.8x | 18x | 1.8x |
| Mon, 03 May 2021 | ₱471.3b | ₱340.8b | ₱34.7b | 11.3x | 13.6x | 1.4x |
Price to Earnings Ratio
13.6x
Current Industry PE
- Investors are pessimistic on the Filipino Renewable Energy 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 8.1x which is lower than its 3-year average PE of 13.6x.
- The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 0.99x.
Past Earnings Growth
- The earnings for companies in the Renewable Energy industry have grown 27% per year over the last three years.
- Revenues for these companies have grown 19% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Filipino Utilities industry?
| PH Market | 0.33% | |
| Utilities | 1.98% | |
| Renewable Energy | 1.73% | |
| Independent Power Producers and Energy Traders | 2.32% | |
| Renewable Energy | -3.43% | |
Industry PE
- Investors are most optimistic about the Renewable Energy industry even though it's trading below its 3-year average PE ratio of 128x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Independent Power Producers and Energy Traders industry, which is trading below its 3-year average of 13.2x.
Forecasted Growth
- Analysts are most optimistic on the Independent Power Producers and Energy Traders industry, expecting annual earnings growth of 10% over the next 5 years.
- This is better than its past earnings growth rate of 3.9% per year.
- In contrast, the Independent Power Producers and Energy Traders industry is expected to see its earnings grow by 10% 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 | |
|---|---|---|---|---|---|
| ACEN Acen | ₱3.68 | 8.6% +₱11.4b | -38.7% | PE21.6x | |
| AP Aboitiz Power | ₱36.40 | 1.1% +₱2.9b | -2.3% | PE7.9x | |
| ACR Alsons Consolidated Resources | ₱0.53 | 3.9% +₱125.8m | -35.4% | PE5.2x | |
| REDC Repower Energy Development | ₱5.59 | 3.5% +₱123.5m | n/a | PE20.6x |