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Swedish (OMX) Renewable Energy Industry Analysis

UpdatedApr 16, 2024
DataAggregated Company Financials
Companies4
  • 7D-6.0%
  • 3M-10.6%
  • 1Y-47.5%
  • YTD-16.2%

Over the last 7 days, the Renewable Energy industry has dropped 2.5%, driven by Orrön Energy declining 2.5%. Overall the industry is down 45% in 12 months. As for the next few years, earnings are expected to grow by 71% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 16 Apr 2024kr3.8bkr1.0bkr37.3m8x103x3.8x
Thu, 14 Mar 2024kr4.0bkr999.3mkr40.3m9x100.1x4x
Sat, 10 Feb 2024kr4.0bkr942.6m-kr142,720,131.6810.7x-28.1x4.3x
Mon, 08 Jan 2024kr5.6bkr1.1b-kr160,568,873.0079.5x-34.7x5.2x
Wed, 06 Dec 2023kr5.4bkr1.1b-kr162,017,117.0079.4x-33.2x5x
Fri, 03 Nov 2023kr4.9bkr1.9bkr615.3m74.6x8x2.6x
Sun, 01 Oct 2023kr5.3bkr1.9bkr617.0m74.7x8.5x2.8x
Tue, 29 Aug 2023kr6.2bkr1.9bkr614.7m74.9x10.1x3.3x
Thu, 27 Jul 2023kr6.9bkr1.8bkr1.1b10.6x6.4x3.8x
Sat, 24 Jun 2023kr6.9bkr1.8bkr1.0b9.9x6.6x3.9x
Mon, 22 May 2023kr6.8bkr1.8bkr1.0b9.7x6.6x3.9x
Wed, 19 Apr 2023kr7.7bkr1.6bkr1.0b11.9x7.5x4.8x
Fri, 17 Mar 2023kr7.6bkr1.6bkr1.0b12.6x7.4x4.7x
Sun, 12 Feb 2023kr8.7bkr1.4bkr1.1b15.7x8.3x6.3x
Tue, 10 Jan 2023kr10.2bkr1.4bkr1.0b19.5x9.7x7.3x
Thu, 08 Dec 2022kr10.9bkr1.4bkr1.1b20.7x10.4x7.9x
Sat, 05 Nov 2022kr11.6bkr635.5mkr360.9m26.6x32x18.2x
Mon, 03 Oct 2022kr10.3bkr607.8mkr355.9m25.2x28.9x16.9x
Wed, 31 Aug 2022kr11.1bkr607.8mkr346.2m29.5x31.9x18.2x
Fri, 29 Jul 2022kr7.5bkr577.8m-kr50,789,843.0024x-146.9x12.9x
Sun, 26 Jun 2022kr3.4bkr559.8mkr62.8m18x54.9x6.2x
Tue, 24 May 2022kr3.8bkr559.8mkr64.4m19.7x58.5x6.7x
Thu, 21 Apr 2022kr4.9bkr501.1mkr48.9m66x99.5x9.7x
Sat, 19 Mar 2022kr4.6bkr505.3m-kr58,637,453.0064.6x-77.9x9x
Mon, 14 Feb 2022kr4.6bkr446.4m-kr169,341,677.001660x-27.1x10.3x
Wed, 12 Jan 2022kr4.6bkr446.4m-kr169,341,677.001594.3x-27.1x10.3x
Fri, 10 Dec 2021kr4.1bkr446.8m-kr169,263,044.001436.7x-24.2x9.1x
Sun, 07 Nov 2021kr3.7bkr336.6m-kr273,800,345.00n/a-13.6x11.1x
Tue, 05 Oct 2021kr2.4bkr228.6mkr42.6m0.6x56.9x10.6x
Thu, 02 Sep 2021kr2.5bkr228.6m-kr115,577,177.00n/a-21.7x11x
Sat, 31 Jul 2021kr2.6bkr228.6m-kr115,577,177.00n/a-22.7x11.5x
Tue, 04 May 2021kr2.9bkr218.2m-kr134,089,714.00n/a-21.4x13.1x
Price to Earnings Ratio

-21.4x


Total Market Cap: kr2.9bTotal Earnings: -kr134,089,714.00Total Revenue: kr218.2mTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Renewable Energy Industry Price to Earnings3Y Average 1.7x202220232024
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 108x which is higher than its 3-year average PE of 1.6x.
  • The 3-year average PS ratio of 8.2x is higher than the industry's current PS ratio of 4.0x.
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 67% 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 Market-1.31%
Utilities-4.13%
Renewable Energy-6.00%
Independent Power Producers and Energy Traders0%
Renewable Energy-6.00%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 1.6x.
    • Analysts are expecting annual earnings growth of 71.0%, which is higher than its past year's earnings decline of 73.3% 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 1.6x.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 71% over the next 5 years.
  • This is better than its past earnings decline of 73% per year.
  • In contrast, the Renewable Energy industry is expected to see its earnings grow by 71% 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
ZAZZ B ZAZZ Energy of Swedenkr0.0147.8%
+kr514.2k
-95.9%n/a
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Latest News

ORRON

kr7.11

Orrön Energy

7D

-9.4%

1Y

-46.0%

ARISE

kr38.10

Arise

7D

-1.4%

1Y

-37.0%

ZAZZ B

kr0.014

ZAZZ Energy of Sweden

7D

7.8%

1Y

-95.9%