Is Polenergia (WSE:PEP) Using Too Much Debt?
Jan 10
Polish (WIG) Renewable Energy Industry Analysis
UpdatedJan 27, 2023
DataAggregated Company Financials
Companies5
- 7D0.7%
- 3M-9.1%
- 1Y4.0%
- YTD-2.1%
In the last week, the Renewable Energy industry is up 1.1%, with Polenergia up 3.1%. In the same time, Figene Capital Spólka Akcyjna was down 5.9%. This takes the industry's 12 month performance to a gain of 4.8%. As for the next few years, earnings are expected to grow by 13% per annum.
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 |
|---|---|---|---|---|---|---|
| Fri, 27 Jan 2023 | zł6.2b | zł6.7b | zł110.7m | 46.7x | 56.2x | 0.9x |
| Sun, 25 Dec 2022 | zł6.3b | zł6.7b | zł110.7m | 47.7x | 56.7x | 0.9x |
| Tue, 22 Nov 2022 | zł6.3b | zł6.0b | zł153.2m | 44.6x | 40.9x | 1x |
| Thu, 20 Oct 2022 | zł6.7b | zł6.1b | zł166.0m | 37.1x | 40.4x | 1.1x |
| Sat, 17 Sep 2022 | zł7.1b | zł6.1b | zł166.0m | 38.4x | 42.9x | 1.2x |
| Mon, 15 Aug 2022 | zł8.0b | zł5.2b | zł405.3m | 100x | 19.7x | 1.5x |
| Wed, 13 Jul 2022 | zł7.8b | zł5.2b | zł414.2m | 16.9x | 18.7x | 1.5x |
| Fri, 10 Jun 2022 | zł5.7b | zł5.2b | zł414.6m | 15.5x | 13.8x | 1.1x |
| Sun, 08 May 2022 | zł5.2b | zł3.4b | zł339.5m | 58.6x | 15.3x | 1.5x |
| Tue, 05 Apr 2022 | zł4.0b | zł2.6b | zł351.7m | 16.8x | 11.4x | 1.5x |
| Thu, 03 Mar 2022 | zł3.8b | zł2.6b | zł351.7m | 15.5x | 10.8x | 1.5x |
| Sat, 29 Jan 2022 | zł4.1b | zł2.6b | zł353.2m | 15x | 11.5x | 1.6x |
| Mon, 27 Dec 2021 | zł4.4b | zł2.6b | zł353.2m | 16.4x | 12.4x | 1.7x |
| Wed, 24 Nov 2021 | zł4.7b | zł2.4b | zł330.3m | 17.6x | 14.1x | 1.9x |
| Fri, 22 Oct 2021 | zł4.7b | zł2.4b | zł322.8m | 24.3x | 14.5x | 2x |
| Sun, 19 Sep 2021 | zł4.1b | zł2.4b | zł322.8m | 28.5x | 12.8x | 1.7x |
| Tue, 17 Aug 2021 | zł4.1b | zł2.4b | zł323.1m | 27x | 12.8x | 1.7x |
| Tue, 01 Jun 2021 | zł4.5b | zł2.3b | zł95.2m | 37x | 46.8x | 2x |
| Fri, 05 Mar 2021 | zł4.6b | zł2.1b | zł109.3m | 32.6x | 42.4x | 2.2x |
| Mon, 07 Dec 2020 | zł3.8b | zł2.2b | zł114.2m | 94.1x | 33.5x | 1.7x |
| Thu, 10 Sep 2020 | zł4.3b | zł2.3b | zł113.5m | 35.1x | 37.9x | 1.9x |
| Wed, 03 Jun 2020 | zł2.6b | zł2.5b | zł124.5m | 29.3x | 21x | 1.1x |
| Sat, 07 Mar 2020 | zł2.6b | zł2.7b | zł99.5m | 27.4x | 25.8x | 1x |
Price to Earnings Ratio
21.8x
Current Industry PE
- Investors are optimistic on the Polish Renewable Energy industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 57.4x which is higher than its 3-year average PE of 28.0x.
- The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 0.95x.
Past Earnings Growth
- The earnings for companies in the Renewable Energy industry have grown 3.6% per year over the last three years.
- Revenues for these companies have grown 35% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Polish Utilities industry?
| PL Market | 1.04% | |
| Utilities | 3.10% | |
| Renewable Energy | 0.66% | |
| Independent Power Producers and Energy Traders | 1.48% | |
| Renewable Energy | 0.65% | |
Industry PE
- Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 27.9x.
- Analysts are expecting annual earnings growth of 13.3%, which is higher than its past year's earnings decline of 64.4% per year.
Forecasted Growth
- Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 13% over the next 5 years.
- This is better than its past earnings decline of 64% per year.
- In contrast, the Renewable Energy industry is expected to see its earnings grow by 13% 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 | |
|---|---|---|---|---|---|
| PEP Polenergia | zł83.80 | 1.0% +zł55.0m | 16.4% | PE46.7x | |
| MDI MDI Energia | zł2.01 | 6.3% +zł5.1m | -18.0% | PS0.4x | |
| GNG G-Energy | zł0.34 | 1.5% +zł483.5k | -8.3% | PS1.5x |