Pakistani (KSE) Renewable Energy Industry Analysis
UpdatedMar 26, 2023
DataAggregated Company Financials
Companies11
- 7D-1.7%
- 3M1.7%
- 1Y-1.4%
- YTD1.2%
Over the last 7 days, the Renewable Energy industry has dropped 1.7%, driven by Hub Power declining 2.8%. As for the longer term, the industry's performance has been flat for the past year. Earnings are forecast to grow by 15% annually.
Industry Valuation and Performance
Has the Pakistani Renewable Energy Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 27 Mar 2023 | PK₨170.6b | PK₨406.5b | PK₨63.2b | 3.5x | 2.7x | 0.4x |
| Wed, 22 Feb 2023 | PK₨173.3b | PK₨421.6b | PK₨55.7b | 3.7x | 3.1x | 0.4x |
| Fri, 20 Jan 2023 | PK₨163.1b | PK₨422.4b | PK₨55.8b | 3.8x | 2.9x | 0.4x |
| Sun, 18 Dec 2022 | PK₨170.1b | PK₨422.4b | PK₨55.8b | 3.9x | 3.1x | 0.4x |
| Tue, 15 Nov 2022 | PK₨177.0b | PK₨422.4b | PK₨55.8b | 3.7x | 3.2x | 0.4x |
| Thu, 13 Oct 2022 | PK₨167.5b | PK₨404.8b | PK₨50.6b | 4.7x | 3.3x | 0.4x |
| Sat, 10 Sep 2022 | PK₨164.9b | PK₨330.6b | PK₨44.2b | 4.8x | 3.7x | 0.5x |
| Mon, 08 Aug 2022 | PK₨169.5b | PK₨302.3b | PK₨42.9b | 5.3x | 3.9x | 0.6x |
| Wed, 06 Jul 2022 | PK₨170.4b | PK₨302.3b | PK₨42.9b | 5.3x | 4x | 0.6x |
| Fri, 03 Jun 2022 | PK₨162.8b | PK₨302.3b | PK₨42.9b | 5.2x | 3.8x | 0.5x |
| Sun, 01 May 2022 | PK₨172.7b | PK₨278.1b | PK₨45.3b | 4.9x | 3.8x | 0.6x |
| Tue, 29 Mar 2022 | PK₨174.1b | PK₨274.8b | PK₨46.4b | 5.1x | 3.7x | 0.6x |
| Thu, 24 Feb 2022 | PK₨182.3b | PK₨261.3b | PK₨47.5b | 5.4x | 3.8x | 0.7x |
| Sat, 22 Jan 2022 | PK₨197.2b | PK₨252.4b | PK₨50.9b | 5.3x | 3.9x | 0.8x |
| Mon, 20 Dec 2021 | PK₨183.3b | PK₨252.4b | PK₨50.9b | 4.6x | 3.6x | 0.7x |
| Wed, 17 Nov 2021 | PK₨178.1b | PK₨252.4b | PK₨50.9b | 4.5x | 3.5x | 0.7x |
| Fri, 15 Oct 2021 | PK₨180.5b | PK₨210.5b | PK₨59.2b | 3.3x | 3.1x | 0.9x |
| Sun, 12 Sep 2021 | PK₨197.1b | PK₨207.0b | PK₨61.5b | 3.3x | 3.2x | 1x |
| Tue, 10 Aug 2021 | PK₨194.6b | PK₨205.7b | PK₨62.1b | 3.4x | 3.1x | 0.9x |
| Mon, 03 May 2021 | PK₨193.0b | PK₨184.9b | PK₨74.6b | 3x | 2.6x | 1x |
| Thu, 04 Feb 2021 | PK₨221.6b | PK₨182.1b | PK₨75.5b | 3.5x | 2.9x | 1.2x |
| Sun, 08 Nov 2020 | PK₨188.9b | PK₨181.6b | PK₨76.4b | 2.3x | 2.5x | 1x |
| Sat, 01 Aug 2020 | PK₨185.1b | PK₨199.6b | PK₨72.6b | 2.8x | 2.6x | 0.9x |
| Tue, 05 May 2020 | PK₨184.2b | PK₨230.9b | PK₨63.5b | 1.8x | 2.9x | 0.8x |
Price to Earnings Ratio
2.5x
Current Industry PE
- Investors are pessimistic on the Pakistani 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 2.7x which is lower than its 3-year average PE of 3.1x.
- The industry is trading close to its 3-year average PS ratio of 0.78x.
Past Earnings Growth
- The earnings for companies in the Renewable Energy industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 21% 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 and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Pakistani Utilities industry?
| PK Market | -3.40% | |
| Utilities | -2.32% | |
| Renewable Energy | -1.74% | |
| Renewable Energy | -0.50% | |
| Independent Power Producers and Energy Traders | -1.84% | |
Industry PE
- Investors are most optimistic about the Renewable Energy industry, which is trading close to its 3-year average PE ratio of 6.6x.
- 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 3.0x.
Forecasted Growth
- Analysts are most optimistic on the Independent Power Producers and Energy Traders industry, expecting annual earnings growth of 15% over the next 5 years.
- However this is lower than its past earnings growth rate of 29% per year.
- In contrast, the Independent Power Producers and Energy Traders industry is expected to see its earnings grow by 15% 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 | |
|---|---|---|---|---|---|
| PKGP Pakgen Power | PK₨30.99 | 3.3% +PK₨368.4m | 55.0% | PE3.7x | |
| SPWL Saif Power | PK₨19.65 | 3.7% +PK₨270.5m | -8.9% | PE3.8x | |
| LPL Lalpir Power | PK₨15.89 | 1.4% +PK₨83.6m | 21.7% | PE4.4x | |
| NPL Nishat Power | PK₨17.01 | 1.1% +PK₨67.3m | -4.3% | PE1.6x |