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Swedish (OMX) Renewable Energy Industry Analysis

UpdatedJan 18, 2025
DataAggregated Company Financials
Companies4
  • 7D-1.4%
  • 3M-5.1%
  • 1Y-7.0%
  • YTD-2.5%

Over the last 7 days, the Renewable Energy industry has dropped 1.4%, driven by a pullback from Orrön Energy of 2.6%. The industry has fallen 7.0% in the last year. Looking forward, earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 19 Jan 2025SEK 3.7bSEK 1.1bSEK 228.0m75.1x16.4x3.3x
Tue, 17 Dec 2024SEK 3.7bSEK 1.1bSEK 227.9m76x16.2x3.3x
Thu, 14 Nov 2024SEK 3.7bSEK 1.1bSEK 226.4m69.1x16.3x3.3x
Sat, 12 Oct 2024SEK 4.1bSEK 1.1bSEK 236.6m25.1x17.2x3.6x
Mon, 09 Sep 2024SEK 4.3bSEK 1.1bSEK 237.0m26.8x18.3x3.9x
Wed, 07 Aug 2024SEK 4.3bSEK 1.0bSEK 27.3m10.3x157.6x4.2x
Fri, 05 Jul 2024SEK 4.5bSEK 1.0bSEK 34.8m10.2x129.2x4.4x
Sun, 02 Jun 2024SEK 4.9bSEK 1.0bSEK 34.3m10.2x143.1x4.8x
Tue, 30 Apr 2024SEK 4.0bSEK 1.0bSEK 36.1m8x109.7x3.9x
Thu, 28 Mar 2024SEK 4.0bSEK 1.0bSEK 37.9m8.5x106.7x4x
Sat, 24 Feb 2024SEK 4.1bSEK 1.0bSEK 40.5m9.1x100.6x3.9x
Mon, 22 Jan 2024SEK 5.2bSEK 1.1b-SEK 163,344,828.0079.1x-31.9x4.8x
Wed, 20 Dec 2023SEK 5.8bSEK 1.1b-SEK 159,561,332.0079.9x-36.4x5.4x
Fri, 17 Nov 2023SEK 5.1bSEK 1.9bSEK 520.5m74.7x9.9x2.7x
Sun, 15 Oct 2023SEK 5.2bSEK 1.9bSEK 616.7m74.7x8.5x2.7x
Tue, 12 Sep 2023SEK 5.9bSEK 1.9bSEK 614.6m74.8x9.6x3.1x
Thu, 10 Aug 2023SEK 6.5bSEK 1.8bSEK 1.1b9.2x6x3.6x
Sat, 08 Jul 2023SEK 6.7bSEK 1.8bSEK 1.0b9.5x6.4x3.8x
Mon, 05 Jun 2023SEK 6.9bSEK 1.8bSEK 1.0b10.2x6.7x3.9x
Wed, 03 May 2023SEK 7.0bSEK 1.6bSEK 1.0b11x6.8x4.3x
Fri, 31 Mar 2023SEK 7.9bSEK 1.6bSEK 1.0b13.3x7.8x4.9x
Sun, 26 Feb 2023SEK 7.8bSEK 1.6bSEK 1.1b13.9x7.1x4.9x
Tue, 24 Jan 2023SEK 10.2bSEK 1.4bSEK 1.0b19.4x9.8x7.4x
Thu, 22 Dec 2022SEK 10.1bSEK 1.4bSEK 1.1b17.6x9.6x7.2x
Sat, 19 Nov 2022SEK 11.9bSEK 1.4bSEK 1.0b25.9x11.9x8.7x
Mon, 17 Oct 2022SEK 9.8bSEK 607.8mSEK 360.1m22.7x27.3x16.2x
Wed, 14 Sep 2022SEK 10.7bSEK 607.8mSEK 342.1m27.5x31.1x17.5x
Fri, 12 Aug 2022SEK 10.3bSEK 577.8mSEK 283.8m26.9x36.4x17.9x
Sun, 10 Jul 2022SEK 5.8bSEK 559.8m-SEK 52,775,563.0020x-110.5x10.4x
Tue, 07 Jun 2022SEK 3.8bSEK 559.8mSEK 62.8m20.2x60.5x6.8x
Thu, 05 May 2022SEK 4.3bSEK 501.1mSEK 48.9m53.3x89x8.7x
Sat, 02 Apr 2022SEK 4.7bSEK 501.1mSEK 48.9m63.9x95.2x9.3x
Mon, 28 Feb 2022SEK 3.9bSEK 538.6m-SEK 55,510,677.0069.9x-69.7x7.2x
Wed, 26 Jan 2022SEK 4.3bSEK 446.4m-SEK 169,341,677.001605.4x-25.3x9.6x
Price to Earnings Ratio

-25.3x


Total Market Cap: SEK 4.3bTotal Earnings: -SEK 169,341,677.00Total Revenue: SEK 446.4mTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Renewable Energy Industry Price to Earnings3Y Average 22.9x202320242025
Current Industry PE
  • Investors are pessimistic on the Swedish 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 16.4x which is lower than its 3-year average PE of 22.9x.
  • The 3-year average PS ratio of 6.4x is higher than the industry's current PS ratio of 3.3x.
Past Earnings Growth
  • Total earnings for the Renewable Energy industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 36% 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 Swedish Utilities industry?

SE Market3.73%
Utilities-0.44%
Renewable Energy-1.41%
Independent Power Producers and Energy Traders0%
Renewable Energy-1.41%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry even though it's trading below its 3-year average PE ratio of 22.9x.
    • Analysts are expecting annual earnings growth of 12.2%, which is lower than the prior year's growth of 38.0% per year.
  • Investors are most pessimistic about the Renewable Energy industry, which is trading below its 3-year average of 22.9x.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 12% over the next 5 years.
  • However this is lower than its past earnings growth rate of 38% per year.
  • In contrast, the Renewable Energy industry is expected to see its earnings grow by 12% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
ARISE AriseSEK 38.502.1%
+SEK 33.1m		-3.6%PE7.1x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
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