Russian (MOEX) Electric Utilities Industry Analysis

Industry Valuation and Performance

Has the Russian Electric Utilities Industry valuation changed over the past few years?

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 7.0x. However, future earnings are expected to decline by 0.2% which could potentially cause the PE ratio to fall below its historical average.

Past Earnings Growth: The earnings for companies in the Electric Utilities industry have declined 3.0% per year over the last three years, while revenues for these companies have grown 3.2% 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 Russian Electric Utilities industry?

Industry PE: Investors are most optimistic about the Electric Utilities industry even though it's trading below its 3-year average PE ratio of 7.0x. However analysts are expecting annual earnings decline of 0.2%, which is lower than the prior year's growth of 31% per year. So the market might believe that analysts are underestimating future growth or they expect the Electric Utilities industry's earnings to deteriorate the least compared to other industries.

Forecasted Growth: Despite it being negative, analysts are least pessimistic on the Electric Utilities industry since they expect its earnings to decline by only 0.2% per year over the next 5 years, which isn't as bad as the other industries. However, this is a reversal from its past annual earnings growth rate of 31% per year.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?