Swedish (OMX) Renewable Energy Industry Analysis
- 7D-1.5%
- 3M10.2%
- 1Y-31.5%
- YTD-6.2%
Over the last 7 days, the Renewable Energy industry has dropped 1.5%, driven by a decline by Advanced Soltech Sweden of 7.0%. However, the industry is down 31% over the past year.
Industry Valuation and Performance
Has the Swedish Renewable Energy Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sun, 23 Jan 2022 | kr4.4b | kr446.4m | -kr169,341,677.00 | 1618.8x |
| Tue, 21 Dec 2021 | kr3.7b | kr446.4m | -kr170,141,426.00 | 1407.9x |
| Thu, 18 Nov 2021 | kr4.4b | kr429.6m | -kr191,286,592.00 | 886.2x |
| Sat, 16 Oct 2021 | kr2.6b | kr228.6m | kr40.5m | 0.6x |
| Mon, 13 Sep 2021 | kr2.6b | kr228.6m | -kr115,577,177.00 | n/a |
| Wed, 11 Aug 2021 | kr2.7b | kr228.6m | -kr115,577,177.00 | n/a |
| Sun, 06 Jun 2021 | kr2.7b | kr218.2m | -kr134,089,714.00 | n/a |
| Wed, 10 Mar 2021 | kr2.5b | kr226.8m | -kr132,636,595.00 | n/a |
| Tue, 01 Dec 2020 | kr2.1b | kr448.8m | kr11.5m | 187x |
| Fri, 04 Sep 2020 | kr2.0b | kr486.1m | kr29.3m | 39.3x |
| Mon, 08 Jun 2020 | kr1.9b | kr530.8m | kr42.7m | 24.5x |
| Sun, 01 Mar 2020 | kr1.9b | kr556.6m | -kr237,532,429.00 | 19.9x |
| Wed, 04 Dec 2019 | kr1.6b | kr398.9m | -kr329,121,520.00 | 20.9x |
| Sat, 07 Sep 2019 | kr1.4b | kr487.3m | -kr259,942,440.00 | 14.4x |
| Fri, 31 May 2019 | kr970.0m | kr460.2m | -kr241,752,244.00 | 21.5x |
| Mon, 04 Mar 2019 | kr604.1m | kr343.0m | kr21.0m | 28.8x |
27.3x
Current Industry PE: There are only 2 profitable companies in this industry, so there is insufficient data to make an industry-wide assessment of PE.
Past Earnings Growth: Total earnings for the Renewable Energy industry have declined over the last three years, with the industry now making a loss overall. But revenues have grown 9.2% 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 Swedish Renewable Energy industry?
| Renewable Energy | -1.49% | |
Industry PE: Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 174x. This is likely because analysts are expecting annual earnings growth of 14%, which is higher than its past year's earnings decline of 85% per year.
Forecasted Growth: Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 11% over the next 5 years. This is better than its past earnings decline of 85% per year.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ARISE Arise | kr46.95 | 2.1% +kr36.6m | -14.6% | PE905.5x | |
| ECOWVE Eco Wave Power Global | kr6.54 | 4.1% +kr11.5m | -7.9% | PS1108.5x | |
| SLITE Slitevind | kr90.60 | 0.7% +kr4.0m | 27.6% | PE2332x | |
| ETX Etrion | kr0.28 | 3.7% +kr3.3m | -92.2% | PB0.5x |