Here's Why Energa (WSE:ENG) Is Weighed Down By Its Debt Load
Nov 01
Polish (WIG) Utilities Sector Analysis
UpdatedDec 03, 2023
DataAggregated Company Financials
Companies15
- 7D9.6%
- 3M5.2%
- 1Y28.2%
- YTD26.3%
In the last week, the Utilities industry is up 9.6%, with PGE Polska Grupa Energetyczna up 14%. In the same time, EC Bedzin was down 8.2%. In the last 12 months, the industry was up 28%. Looking forward, earnings are forecast to grow by 8.3% annually.
Sector Valuation and Performance
Has the Polish Utilities Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 04 Dec 2023 | zł43.8b | zł217.4b | zł5.8b | 5.5x | 7.5x | 0.2x |
| Wed, 01 Nov 2023 | zł37.6b | zł213.3b | zł4.1b | 5.4x | 9.2x | 0.2x |
| Fri, 29 Sep 2023 | zł37.0b | zł211.1b | zł4.2b | 5.4x | 8.9x | 0.2x |
| Sun, 27 Aug 2023 | zł42.9b | zł196.8b | zł5.9b | 4.9x | 7.2x | 0.2x |
| Tue, 25 Jul 2023 | zł42.1b | zł196.8b | zł5.9b | 4.8x | 7.1x | 0.2x |
| Thu, 22 Jun 2023 | zł35.8b | zł196.8b | zł5.9b | 4.1x | 6x | 0.2x |
| Sat, 20 May 2023 | zł35.3b | zł174.2b | zł5.0b | 20x | 7.1x | 0.2x |
| Mon, 17 Apr 2023 | zł32.8b | zł173.6b | zł4.9b | 19.4x | 6.7x | 0.2x |
| Wed, 15 Mar 2023 | zł32.0b | zł168.1b | zł7.8b | 6.5x | 4.1x | 0.2x |
| Fri, 10 Feb 2023 | zł34.2b | zł168.1b | zł7.8b | 6.5x | 4.4x | 0.2x |
| Sun, 08 Jan 2023 | zł34.2b | zł168.1b | zł7.8b | 6.1x | 4.4x | 0.2x |
| Tue, 06 Dec 2022 | zł33.2b | zł168.0b | zł7.8b | 6.3x | 4.3x | 0.2x |
| Thu, 03 Nov 2022 | zł31.4b | zł150.9b | zł8.3b | 7.2x | 3.8x | 0.2x |
| Sat, 01 Oct 2022 | zł32.4b | zł150.5b | zł8.3b | 6.8x | 3.9x | 0.2x |
| Mon, 29 Aug 2022 | zł38.2b | zł139.1b | zł7.8b | 6.9x | 4.9x | 0.3x |
| Wed, 27 Jul 2022 | zł47.7b | zł136.9b | zł7.9b | 10.8x | 6x | 0.3x |
| Fri, 24 Jun 2022 | zł46.5b | zł137.1b | zł7.9b | 10.9x | 5.9x | 0.3x |
| Sun, 22 May 2022 | zł38.0b | zł128.2b | zł7.5b | 11.6x | 5.1x | 0.3x |
| Tue, 19 Apr 2022 | zł37.3b | zł122.3b | zł7.6b | 11x | 4.9x | 0.3x |
| Thu, 17 Mar 2022 | zł35.1b | zł109.8b | zł3.0b | 6.8x | 11.6x | 0.3x |
| Sat, 12 Feb 2022 | zł31.7b | zł109.6b | zł3.0b | 7.1x | 10.5x | 0.3x |
| Mon, 10 Jan 2022 | zł33.1b | zł109.6b | zł3.0b | 7.3x | 11x | 0.3x |
| Wed, 08 Dec 2021 | zł34.1b | zł108.7b | zł2.5b | 7.4x | 13.8x | 0.3x |
| Fri, 05 Nov 2021 | zł40.7b | zł106.3b | zł2.1b | 12.4x | 19x | 0.4x |
| Sun, 03 Oct 2021 | zł36.6b | zł106.3b | zł2.1b | 9.5x | 17.1x | 0.3x |
| Tue, 31 Aug 2021 | zł38.8b | zł105.3b | -zł1,651,751,803.60 | 17.3x | -23.5x | 0.4x |
| Wed, 07 Jul 2021 | zł36.4b | zł105.3b | -zł1,651,751,803.60 | 17.9x | -22x | 0.3x |
| Sat, 10 Apr 2021 | zł30.0b | zł104.6b | -zł2,982,510,581.76 | 26.2x | -10x | 0.3x |
| Fri, 01 Jan 2021 | zł28.8b | zł103.2b | -zł4,197,169,378.83 | 22.7x | -6.9x | 0.3x |
Price to Earnings Ratio
-2.6x
Current Industry PE
- Investors are optimistic on the Polish Utilities industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 7.5x which is higher than its 3-year average PE of 1.9x.
- The industry is trading close to its 3-year average PS ratio of 0.27x.
Past Earnings Growth
- Total earnings for the Utilities industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 30% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Polish Utilities sector?
| PL Market | 2.08% | |
| Utilities | 9.62% | |
| Electric Utilities | 11.10% | |
| Other Utilities | 5.43% | |
| Renewable Energy | 2.07% | |
| Water Utilities | 0.68% | |
| Gas Utilities | -0.67% | |
Industry PE
- Investors are most optimistic about the Water Utilities industry, which is trading close to its 3-year average PE ratio of 27.1x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Other Utilities industry, which is trading below its 3-year average of 5.4x.
Forecasted Growth
- Analysts are most optimistic on the Electric Utilities industry, expecting annual earnings growth of 9.1% over the next 5 years.
- This is better than its past earnings decline of 26% per year.
- In contrast, the Renewable Energy industry is expected to see its earnings grow by 3.0% 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 | |
|---|---|---|---|---|---|
| PGE PGE Polska Grupa Energetyczna | zł8.74 | 13.6% +zł2.4b | 32.6% | PE8.1x | |
| TPE TAURON Polska Energia | zł4.31 | 9.4% +zł648.4m | 105.2% | PE4.3x | |
| ENA ENEA | zł9.00 | 15.0% +zł622.4m | 51.0% | PS0.1x | |
| FIG Figene Capital | zł0.93 | 121.4% +zł109.7m | -19.8% | PS10.5x | |
| ENG Energa | zł8.84 | 1.4% +zł49.7m | 24.9% | PE3.5x |