The Energy industry has stayed flat over the last week. Unfortunately though, the industry is down 9.3% over the past 12 months. In the next few years, earnings are forecast to decline by 21% annually.
Sector Valuation and Performance
Has the Polish Energy Sector valuation changed over the past few years?
Investors are pessimistic on the Polish 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 3.3x which is lower than its 3-year average PE of 7.7x.
The industry is trading close to its 3-year average PS ratio of 0.37x.
Past Earnings Growth
The earnings for companies in the Energy industry have grown 70% per year over the last three years.
Revenues for these companies have grown 27% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Which industries have driven the changes within the Polish Energy sector?
Oil and Gas
Investors are most optimistic about the Oil and Gas industry even though it's trading below its 3-year average PE ratio of 7.7x.
Analysts are expecting annual earnings decline of 20.9%, which is lower than the prior year's growth of 212.5% per year.
Despite it being negative, analysts are least pessimistic on the Oil and Gas industry since they expect its earnings to decline by only 21% 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 213% per year.
In contrast, the Oil and Gas industry is expected to see its earnings decline by 21% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?