Header cover image

Swedish (OMX) Renewable Energy Industry Analysis

UpdatedFeb 02, 2023
DataAggregated Company Financials
Companies7
  • 7D-3.6%
  • 3M-19.9%
  • 1Y-91.4%
  • YTD-12.8%

Over the last 7 days, the Renewable Energy industry has dropped 4.2%, driven by pullbacks from every company within the industry. Overall the industry is down 91% in 12 months. As for the next few years, earnings are forecast to decline by 16% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 02 Feb 2023kr9.3bkr1.4bkr1.1b17.3x8.8x6.7x
Sat, 31 Dec 2022kr10.6bkr1.4bkr1.1b20.6x10.1x7.6x
Mon, 28 Nov 2022kr11.4bkr1.4bkr1.1b22x10.8x8.2x
Wed, 26 Oct 2022kr10.1bkr607.8mkr352.8m23.7x28.6x16.6x
Fri, 23 Sep 2022kr10.2bkr607.8mkr355.6m25.4x28.8x16.8x
Sun, 21 Aug 2022kr10.3bkr577.8mkr295.8m27.1x34.9x17.9x
Tue, 19 Jul 2022kr5.8bkr559.8m-kr52,449,193.0019.8x-111.5x10.4x
Thu, 16 Jun 2022kr3.6bkr559.8mkr62.8m19.3x57.1x6.4x
Sat, 14 May 2022kr3.8bkr545.0m-kr87,175,150.0040.4x-44x7x
Mon, 11 Apr 2022kr5.0bkr501.1mkr48.9m70.1x102.1x10x
Wed, 09 Mar 2022kr4.1bkr505.3m-kr58,637,453.0052.6x-69.4x8.1x
Fri, 04 Feb 2022kr4.7bkr446.4m-kr169,341,677.001676.6x-27.6x10.5x
Sun, 02 Jan 2022kr3.9bkr446.4m-kr169,045,998.001521.8x-23.1x8.8x
Tue, 30 Nov 2021kr4.1bkr439.8m-kr187,865,769.001392.1x-21.7x9.3x
Thu, 28 Oct 2021kr2.7bkr228.6mkr40.1m0.9x67.6x11.9x
Sat, 25 Sep 2021kr2.6bkr228.6mkr41.4m0.6x62x11.2x
Mon, 23 Aug 2021kr2.6bkr228.6m-kr115,577,177.00n/a-22.5x11.4x
Sat, 10 Jul 2021kr2.6bkr228.6m-kr115,577,177.00n/a-22.2x11.2x
Fri, 02 Apr 2021kr2.7bkr218.2m-kr134,089,714.00n/a-19.9x12.2x
Mon, 04 Jan 2021kr2.1bkr226.8m-kr132,636,595.00n/a-15.8x9.2x
Thu, 08 Oct 2020kr2.1bkr448.8mkr11.5m184.2x181.4x4.6x
Wed, 01 Jul 2020kr1.9bkr486.1mkr29.3m38.4x63.9x3.9x
Sat, 04 Apr 2020kr1.4bkr530.8mkr42.7m19.1x33.6x2.7x
Price to Earnings Ratio

-8.2x


Total Market Cap: kr2.0bTotal Earnings: -kr237,532,429.00Total Revenue: kr556.6mTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Renewable Energy Industry Price to Earnings3Y Average 20.4x202120222023
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 9.0x which is lower than its 3-year average PE of 20.4x.
  • The 3-year average PS ratio of 8.9x is higher than the industry's current PS ratio of 6.8x.
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 Market0.81%
Utilities-3.51%
Renewable Energy-3.62%
Independent Power Producers and Energy Traders0%
Renewable Energy-3.62%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry even though it's trading below its 3-year average PE ratio of 20.4x.
    • Analysts are expecting annual earnings decline of 16.3%, which is lower than the prior year's growth of 37,350.0% per year.
  • Investors are most pessimistic about the Renewable Energy industry, which is trading below its 3-year average of 20.4x.
Forecasted Growth
  • Despite it being negative, analysts are least pessimistic on the Renewable Energy industry since they expect its earnings to decline by only 16% 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 37,350% per year.
  • In contrast, the Renewable Energy industry is expected to see its earnings decline by 16% 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
No data available
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

ASAB

kr15.96

Advanced Soltech Sweden

7D

-2.1%

1Y

-60.6%

ORRON

kr18.75

Orrön Energy

7D

-2.2%

1Y

-94.7%

ARISE

kr48.15

Arise

7D

-7.4%

1Y

-3.7%