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Swedish (OMX) Renewable Energy Industry Analysis

UpdatedJan 22, 2022
DataAggregated Company Financials
Companies6
  • 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?

DateMarket CapRevenueEarningsPE
Sun, 23 Jan 2022kr4.4bkr446.4m-kr169,341,677.001618.8x
Tue, 21 Dec 2021kr3.7bkr446.4m-kr170,141,426.001407.9x
Thu, 18 Nov 2021kr4.4bkr429.6m-kr191,286,592.00886.2x
Sat, 16 Oct 2021kr2.6bkr228.6mkr40.5m0.6x
Mon, 13 Sep 2021kr2.6bkr228.6m-kr115,577,177.00n/a
Wed, 11 Aug 2021kr2.7bkr228.6m-kr115,577,177.00n/a
Sun, 06 Jun 2021kr2.7bkr218.2m-kr134,089,714.00n/a
Wed, 10 Mar 2021kr2.5bkr226.8m-kr132,636,595.00n/a
Tue, 01 Dec 2020kr2.1bkr448.8mkr11.5m187x
Fri, 04 Sep 2020kr2.0bkr486.1mkr29.3m39.3x
Mon, 08 Jun 2020kr1.9bkr530.8mkr42.7m24.5x
Sun, 01 Mar 2020kr1.9bkr556.6m-kr237,532,429.0019.9x
Wed, 04 Dec 2019kr1.6bkr398.9m-kr329,121,520.0020.9x
Sat, 07 Sep 2019kr1.4bkr487.3m-kr259,942,440.0014.4x
Fri, 31 May 2019kr970.0mkr460.2m-kr241,752,244.0021.5x
Mon, 04 Mar 2019kr604.1mkr343.0mkr21.0m28.8x
PE Ratio

27.3x

Total Market Cap: kr572.4mTotal Earnings: kr21.0mTotal Revenue: kr343.0m0%0%0%3 Year10 Year
202020212022

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?

CompanyLast Price7D1YValuation
ARISE Arisekr46.952.1%
+kr36.6m
-14.6%PE905.5x
ECOWVE Eco Wave Power Globalkr6.544.1%
+kr11.5m
-7.9%PS1108.5x
SLITE Slitevindkr90.600.7%
+kr4.0m
27.6%PE2332x
ETX Etrionkr0.283.7%
+kr3.3m
-92.2%PB0.5x
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ARISE

kr46.95

Arise

7D

2.1%

1Y

-14.6%

ETX

kr0.28

Etrion

7D

3.7%

1Y

-92.2%