Polish (WIG) Renewable Energy Industry Analysis

Industry Valuation and Performance

Has the Polish Renewable Energy Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Wed, 24 Jul 2024	zł5.6b	zł5.6b	zł274.2m	18x	20.4x	1x
Fri, 21 Jun 2024	zł5.3b	zł5.6b	zł274.2m	17.9x	19.4x	1x
Sun, 19 May 2024	zł5.6b	zł5.8b	zł235.8m	20.9x	23.8x	1x
Tue, 16 Apr 2024	zł5.5b	zł5.7b	zł242.4m	24.8x	22.5x	1x
Thu, 14 Mar 2024	zł5.6b	zł6.3b	zł234.1m	20.3x	23.8x	0.9x
Sat, 10 Feb 2024	zł6.1b	zł6.3b	zł234.1m	22.1x	25.9x	1x
Mon, 08 Jan 2024	zł6.2b	zł6.3b	zł234.1m	22.5x	26.6x	1x
Wed, 06 Dec 2023	zł6.0b	zł6.3b	zł234.1m	21.8x	25.6x	1x
Fri, 03 Nov 2023	zł5.1b	zł6.4b	zł193.1m	22.3x	26.2x	0.8x
Sun, 01 Oct 2023	zł5.2b	zł6.4b	zł193.1m	22.5x	26.7x	0.8x
Tue, 29 Aug 2023	zł5.3b	zł6.4b	zł195.2m	23.1x	27.3x	0.8x
Thu, 27 Jul 2023	zł6.2b	zł6.4b	zł151.7m	33.4x	40.6x	1x
Sat, 24 Jun 2023	zł5.9b	zł6.4b	zł159.2m	32.3x	37x	0.9x
Mon, 22 May 2023	zł6.3b	zł7.3b	zł150.2m	26.5x	42.1x	0.9x
Wed, 19 Apr 2023	zł6.0b	zł6.7b	zł120.1m	45.3x	49.8x	0.9x
Fri, 17 Mar 2023	zł5.7b	zł6.7b	zł116.4m	32.3x	49.2x	0.9x
Sun, 12 Feb 2023	zł6.3b	zł6.7b	zł110.7m	47.4x	56.9x	0.9x
Tue, 10 Jan 2023	zł6.6b	zł6.7b	zł110.7m	50x	59.9x	1x
Thu, 08 Dec 2022	zł6.5b	zł6.6b	zł110.7m	48.8x	58.3x	1x
Sat, 05 Nov 2022	zł6.8b	zł6.1b	zł166.0m	38.1x	41.1x	1.1x
Mon, 03 Oct 2022	zł7.0b	zł6.1b	zł166.0m	38x	41.9x	1.1x
Wed, 31 Aug 2022	zł6.6b	zł6.0b	zł160.8m	101.4x	40.8x	1.1x
Fri, 29 Jul 2022	zł8.1b	zł5.2b	zł414.2m	17.3x	19.5x	1.5x
Sun, 26 Jun 2022	zł6.4b	zł5.2b	zł414.2m	16.4x	15.5x	1.2x
Tue, 24 May 2022	zł5.7b	zł5.2b	zł415.1m	89.4x	13.8x	1.1x
Thu, 21 Apr 2022	zł5.6b	zł3.4b	zł333.3m	63.2x	16.7x	1.6x
Sat, 19 Mar 2022	zł4.0b	zł2.6b	zł351.7m	15.5x	11.4x	1.5x
Mon, 14 Feb 2022	zł4.0b	zł2.6b	zł351.6m	11.9x	11.3x	1.5x
Wed, 12 Jan 2022	zł4.4b	zł2.6b	zł353.2m	16.8x	12.5x	1.7x
Fri, 10 Dec 2021	zł4.4b	zł2.6b	zł353.2m	16.9x	12.4x	1.7x
Sun, 07 Nov 2021	zł5.3b	zł2.4b	zł322.8m	24.1x	16.4x	2.2x
Tue, 05 Oct 2021	zł4.2b	zł2.4b	zł322.8m	25.5x	13.2x	1.8x
Thu, 02 Sep 2021	zł4.2b	zł2.4b	zł323.1m	26x	12.9x	1.7x
Sat, 31 Jul 2021	zł4.0b	zł2.4b	zł323.1m	24.5x	12.5x	1.7x

Current Industry PE

Investors are pessimistic on the Polish 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 20.7x which is lower than its 3-year average PE of 28.0x.

The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 1.0x.

Past Earnings Growth

The earnings for companies in the Renewable Energy industry have declined 5.3% per year over the last three years.
Meanwhile revenues for these companies have grown 32% 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, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Polish Utilities industry?


PL Market	-1.11%
Utilities	-0.12%
Renewable Energy	-0.83%
Renewable Energy	-0.81%
Independent Power Producers and Energy Traders	-6.11%

Industry PE

Investors are most optimistic about the Renewable Energy industry even though it's trading below its 3-year average PE ratio of 27.9x.

Analysts are expecting annual earnings decline of 8.1%, which is lower than the prior year's growth of 65.7% per year.

Investors are most pessimistic about the Independent Power Producers and Energy Traders industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.

Forecasted Growth

Despite it being negative, analysts are least pessimistic on the Renewable Energy industry since they expect its earnings to decline by only 8.1% 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 66% per year.