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Pakistani (KSE) Renewable Energy Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies11
- 7D2.3%
- 3M-15.1%
- 1Y3.0%
- YTD-0.7%
Over the last 7 days, the Renewable Energy industry has risen 2.3%, driven by gains in Kot Addu Power and Hub Power of 12% and 2.0%, respectively. This means that the industry has gained 3.0% over the past year. As for the next few years, earnings are forecast to decline by 1.6% per annum.
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 |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | PK₨256.1b | PK₨221.8b | PK₨104.7b | 3x | 2.4x | 1.2x |
| Sat, 19 Oct 2024 | PK₨244.0b | PK₨241.3b | PK₨101.1b | 3x | 2.4x | 1x |
| Mon, 16 Sep 2024 | PK₨321.0b | PK₨247.1b | PK₨101.4b | 3.4x | 3.2x | 1.3x |
| Wed, 14 Aug 2024 | PK₨310.6b | PK₨255.1b | PK₨102.0b | 3.1x | 3x | 1.2x |
| Fri, 12 Jul 2024 | PK₨348.1b | PK₨255.3b | PK₨101.7b | 4.4x | 3.4x | 1.4x |
| Sun, 09 Jun 2024 | PK₨310.3b | PK₨255.3b | PK₨101.7b | 4.4x | 3.1x | 1.2x |
| Tue, 07 May 2024 | PK₨288.5b | PK₨271.0b | PK₨104.7b | 3.3x | 2.8x | 1.1x |
| Thu, 04 Apr 2024 | PK₨262.5b | PK₨260.1b | PK₨96.5b | 3.4x | 2.7x | 1x |
| Sat, 02 Mar 2024 | PK₨259.1b | PK₨259.5b | PK₨96.7b | 3.4x | 2.7x | 1x |
| Mon, 29 Jan 2024 | PK₨259.4b | PK₨254.7b | PK₨94.7b | 3.4x | 2.7x | 1x |
| Wed, 27 Dec 2023 | PK₨247.9b | PK₨254.7b | PK₨94.7b | 3.4x | 2.6x | 1x |
| Fri, 24 Nov 2023 | PK₨258.3b | PK₨257.6b | PK₨95.5b | 3.3x | 2.7x | 1x |
| Sun, 22 Oct 2023 | PK₨213.0b | PK₨290.8b | PK₨84.6b | 3.1x | 2.5x | 0.7x |
| Tue, 19 Sep 2023 | PK₨195.3b | PK₨360.6b | PK₨69.1b | 2.9x | 2.8x | 0.5x |
| Thu, 17 Aug 2023 | PK₨213.5b | PK₨384.6b | PK₨66.8b | 3.7x | 3.2x | 0.6x |
| Sat, 15 Jul 2023 | PK₨194.1b | PK₨383.8b | PK₨66.3b | 3.7x | 2.9x | 0.5x |
| Mon, 12 Jun 2023 | PK₨176.6b | PK₨383.8b | PK₨66.3b | 3.5x | 2.7x | 0.5x |
| Wed, 10 May 2023 | PK₨175.0b | PK₨372.8b | PK₨63.3b | 3.4x | 2.8x | 0.5x |
| Fri, 07 Apr 2023 | PK₨175.2b | PK₨406.5b | PK₨63.2b | 3.5x | 2.8x | 0.4x |
| Sun, 05 Mar 2023 | PK₨179.7b | PK₨406.5b | PK₨63.2b | 3.4x | 2.8x | 0.4x |
| Tue, 31 Jan 2023 | PK₨169.6b | PK₨422.4b | PK₨55.8b | 3.8x | 3x | 0.4x |
| Thu, 29 Dec 2022 | PK₨166.4b | PK₨422.4b | PK₨55.8b | 3.8x | 3x | 0.4x |
| Sat, 26 Nov 2022 | PK₨173.0b | PK₨422.4b | PK₨55.8b | 3.8x | 3.1x | 0.4x |
| Mon, 24 Oct 2022 | PK₨172.3b | PK₨411.6b | PK₨50.9b | 4.6x | 3.4x | 0.4x |
| Wed, 21 Sep 2022 | PK₨167.2b | PK₨346.9b | PK₨42.5b | 5x | 3.9x | 0.5x |
| Fri, 19 Aug 2022 | PK₨179.2b | PK₨302.3b | PK₨42.9b | 5.2x | 4.2x | 0.6x |
| Sun, 17 Jul 2022 | PK₨173.1b | PK₨302.3b | PK₨42.9b | 5.5x | 4x | 0.6x |
| Tue, 14 Jun 2022 | PK₨162.0b | PK₨302.3b | PK₨42.9b | 5.2x | 3.8x | 0.5x |
| Thu, 12 May 2022 | PK₨163.3b | PK₨297.0b | PK₨43.1b | 4.9x | 3.8x | 0.5x |
| Sat, 09 Apr 2022 | PK₨178.8b | PK₨276.2b | PK₨44.9b | 5.4x | 4x | 0.6x |
| Mon, 07 Mar 2022 | PK₨179.4b | PK₨273.0b | PK₨45.7b | 5.3x | 3.9x | 0.7x |
| Wed, 02 Feb 2022 | PK₨191.1b | PK₨252.4b | PK₨50.9b | 5.2x | 3.8x | 0.8x |
| Fri, 31 Dec 2021 | PK₨181.7b | PK₨252.4b | PK₨50.9b | 4.7x | 3.6x | 0.7x |
| Sun, 28 Nov 2021 | PK₨180.7b | PK₨252.4b | PK₨50.9b | 4.5x | 3.6x | 0.7x |
Price to Earnings Ratio
3.6x
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 2.4x which is lower than its 3-year average PE of 3.2x.
- The 3-year average PS ratio of 0.74x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Renewable Energy industry have grown 27% per year over the last three years.
- Meanwhile revenues for these companies have declined 4.2% per year.
- This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the Pakistani Utilities industry?
| PK Market | 2.07% | |
| Utilities | 2.25% | |
| Renewable Energy | 2.30% | |
| Independent Power Producers and Energy Traders | 2.44% | |
| Renewable Energy | -0.60% | |
Industry PE
- Investors are most optimistic about the Independent Power Producers and Energy Traders industry even though it's trading below its 3-year average PE ratio of 3.1x.
- Analysts are expecting annual earnings decline of 1.6%, which is lower than the prior year's growth of 16.0% per year.
- Investors are most pessimistic about the Independent Power Producers and Energy Traders industry, which is trading below its 3-year average of 3.1x.
Forecasted Growth
- Despite it being negative, analysts are least pessimistic on the Independent Power Producers and Energy Traders industry since they expect its earnings to decline by only 1.6% per year over the next 5 years, which isn't as bad as the other industries.
- This is a reversal from its past annual earnings growth rate of 16% per year.
- In contrast, the Independent Power Producers and Energy Traders industry is expected to see its earnings growth to stay flat 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 | |
|---|---|---|---|---|---|
| KAPCO Kot Addu Power | PK₨32.74 | 11.9% +PK₨3.1b | 17.6% | PE6.7x | |
| HUBC Hub Power | PK₨111.76 | 2.0% +PK₨2.8b | -5.5% | PE2x | |
| LPL Lalpir Power | PK₨21.91 | 3.3% +PK₨269.7m | -1.0% | PE1.4x | |
| EPQL Engro Powergen Qadirpur | PK₨27.23 | 2.5% +PK₨213.7m | -6.1% | PE3x | |
| SGPL S.G. Power | PK₨8.66 | 11.0% +PK₨15.3m | 82.3% | PE56.2x |