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Swedish (OMX) Renewable Energy Industry Analysis

UpdatedJul 23, 2024
DataAggregated Company Financials
Companies4
  • 7D-0.9%
  • 3M21.4%
  • 1Y-16.4%
  • YTD2.9%

Over the last 7 days, the Renewable Energy industry has remained flat, although notably Arise gained 6.2%. As for the longer term, the industry has declined 16% in the last year. Earnings are forecast to grow by 37% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 23 Jul 2024SEK 4.7bSEK 1.0bSEK 25.8m11.5x180.6x4.6x
Thu, 20 Jun 2024SEK 4.3bSEK 1.0bSEK 36.2m10.1x119.8x4.3x
Sat, 18 May 2024SEK 4.4bSEK 1.0bSEK 12.8m9.9x345.9x4.3x
Mon, 15 Apr 2024SEK 4.0bSEK 1.0bSEK 37.1m7.9x107.8x4x
Wed, 13 Mar 2024SEK 4.0bSEK 998.9mSEK 40.4m9x100.1x4x
Fri, 09 Feb 2024SEK 4.0bSEK 942.7m-SEK 142,808,620.4310.6x-28.1x4.3x
Sun, 07 Jan 2024SEK 5.6bSEK 1.1b-SEK 160,568,873.0079.5x-34.7x5.2x
Tue, 05 Dec 2023SEK 5.4bSEK 1.1b-SEK 161,808,030.0079.2x-33.2x5x
Thu, 02 Nov 2023SEK 4.9bSEK 1.9bSEK 615.1m74.6x8x2.6x
Sat, 30 Sep 2023SEK 5.3bSEK 1.9bSEK 617.2m74.7x8.5x2.8x
Mon, 28 Aug 2023SEK 6.2bSEK 1.9bSEK 614.4m74.9x10.2x3.3x
Wed, 26 Jul 2023SEK 6.8bSEK 1.8bSEK 1.1b10.5x6.3x3.7x
Fri, 23 Jun 2023SEK 6.9bSEK 1.8bSEK 1.0b9.9x6.6x3.9x
Sun, 21 May 2023SEK 6.8bSEK 1.8bSEK 1.0b9.7x6.6x3.9x
Tue, 18 Apr 2023SEK 8.1bSEK 1.6bSEK 1.0b12.7x7.9x5x
Thu, 16 Mar 2023SEK 7.5bSEK 1.6bSEK 1.0b12.3x7.3x4.6x
Sat, 11 Feb 2023SEK 8.7bSEK 1.4bSEK 1.1b15.7x8.3x6.3x
Mon, 09 Jan 2023SEK 10.2bSEK 1.4bSEK 1.1b19.3x9.6x7.3x
Wed, 07 Dec 2022SEK 11.5bSEK 1.4bSEK 1.1b21.8x11x8.3x
Fri, 04 Nov 2022SEK 11.5bSEK 635.5mSEK 363.0m26.6x31.8x18.1x
Sun, 02 Oct 2022SEK 10.3bSEK 607.8mSEK 355.9m25.2x28.9x16.9x
Tue, 30 Aug 2022SEK 11.6bSEK 607.8mSEK 346.4m30.7x33.6x19.1x
Thu, 28 Jul 2022SEK 7.5bSEK 577.8m-SEK 50,789,843.0024x-146.9x12.9x
Sat, 25 Jun 2022SEK 3.4bSEK 559.8mSEK 62.8m18x54.9x6.2x
Mon, 23 May 2022SEK 3.9bSEK 559.8mSEK 64.1m20.2x60.5x6.9x
Wed, 20 Apr 2022SEK 5.0bSEK 501.1mSEK 48.9m68x102.2x10x
Fri, 18 Mar 2022SEK 4.4bSEK 505.3m-SEK 58,637,453.0061.9x-75.6x8.8x
Sun, 13 Feb 2022SEK 4.6bSEK 446.4m-SEK 169,341,677.001660x-27.1x10.3x
Tue, 11 Jan 2022SEK 3.9bSEK 446.4m-SEK 169,341,677.001592.2x-23x8.7x
Thu, 09 Dec 2021SEK 4.1bSEK 446.8m-SEK 168,796,833.001438.5x-24.6x9.3x
Sat, 06 Nov 2021SEK 3.7bSEK 336.6m-SEK 273,800,345.00n/a-13.6x11.1x
Mon, 04 Oct 2021SEK 2.5bSEK 228.6mSEK 43.3m0.6x58.1x11x
Wed, 01 Sep 2021SEK 2.5bSEK 228.6m-SEK 115,577,177.00n/a-21.6x10.9x
Price to Earnings Ratio

-22.6x


Total Market Cap: SEK 2.6bTotal Earnings: -SEK 115,577,177.00Total Revenue: SEK 228.6mTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Renewable Energy Industry Price to Earnings3Y Average 15.6x202220232024
Current Industry PE
  • Investors are optimistic on the Swedish Renewable Energy industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 181x which is higher than its 3-year average PE of 15.6x.
  • The 3-year average PS ratio of 7.5x is higher than the industry's current PS ratio of 4.6x.
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 65% 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 Market0.17%
Utilities-0.89%
Renewable Energy-0.95%
Independent Power Producers and Energy Traders0%
Renewable Energy-0.95%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 15.6x.
    • Analysts are expecting annual earnings growth of 36.8%, which is higher than its past year's earnings decline of 76.3% per year.
  • Investors are most pessimistic about the Renewable Energy industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 15.6x.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 37% over the next 5 years.
  • This is better than its past earnings decline of 76% per year.
  • In contrast, the Renewable Energy industry is expected to see its earnings grow by 37% 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 54.606.2%
+SEK 132.8m		28.0%PE11.5x
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