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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 02 Feb 2023 | kr9.3b | kr1.4b | kr1.1b | 17.3x | 8.8x | 6.7x |
| Sat, 31 Dec 2022 | kr10.6b | kr1.4b | kr1.1b | 20.6x | 10.1x | 7.6x |
| Mon, 28 Nov 2022 | kr11.4b | kr1.4b | kr1.1b | 22x | 10.8x | 8.2x |
| Wed, 26 Oct 2022 | kr10.1b | kr607.8m | kr352.8m | 23.7x | 28.6x | 16.6x |
| Fri, 23 Sep 2022 | kr10.2b | kr607.8m | kr355.6m | 25.4x | 28.8x | 16.8x |
| Sun, 21 Aug 2022 | kr10.3b | kr577.8m | kr295.8m | 27.1x | 34.9x | 17.9x |
| Tue, 19 Jul 2022 | kr5.8b | kr559.8m | -kr52,449,193.00 | 19.8x | -111.5x | 10.4x |
| Thu, 16 Jun 2022 | kr3.6b | kr559.8m | kr62.8m | 19.3x | 57.1x | 6.4x |
| Sat, 14 May 2022 | kr3.8b | kr545.0m | -kr87,175,150.00 | 40.4x | -44x | 7x |
| Mon, 11 Apr 2022 | kr5.0b | kr501.1m | kr48.9m | 70.1x | 102.1x | 10x |
| Wed, 09 Mar 2022 | kr4.1b | kr505.3m | -kr58,637,453.00 | 52.6x | -69.4x | 8.1x |
| Fri, 04 Feb 2022 | kr4.7b | kr446.4m | -kr169,341,677.00 | 1676.6x | -27.6x | 10.5x |
| Sun, 02 Jan 2022 | kr3.9b | kr446.4m | -kr169,045,998.00 | 1521.8x | -23.1x | 8.8x |
| Tue, 30 Nov 2021 | kr4.1b | kr439.8m | -kr187,865,769.00 | 1392.1x | -21.7x | 9.3x |
| Thu, 28 Oct 2021 | kr2.7b | kr228.6m | kr40.1m | 0.9x | 67.6x | 11.9x |
| Sat, 25 Sep 2021 | kr2.6b | kr228.6m | kr41.4m | 0.6x | 62x | 11.2x |
| Mon, 23 Aug 2021 | kr2.6b | kr228.6m | -kr115,577,177.00 | n/a | -22.5x | 11.4x |
| Sat, 10 Jul 2021 | kr2.6b | kr228.6m | -kr115,577,177.00 | n/a | -22.2x | 11.2x |
| Fri, 02 Apr 2021 | kr2.7b | kr218.2m | -kr134,089,714.00 | n/a | -19.9x | 12.2x |
| Mon, 04 Jan 2021 | kr2.1b | kr226.8m | -kr132,636,595.00 | n/a | -15.8x | 9.2x |
| Thu, 08 Oct 2020 | kr2.1b | kr448.8m | kr11.5m | 184.2x | 181.4x | 4.6x |
| Wed, 01 Jul 2020 | kr1.9b | kr486.1m | kr29.3m | 38.4x | 63.9x | 3.9x |
| Sat, 04 Apr 2020 | kr1.4b | kr530.8m | kr42.7m | 19.1x | 33.6x | 2.7x |
Price to Earnings Ratio
-8.2x
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 Market | 0.81% | |
| Utilities | -3.51% | |
| Renewable Energy | -3.62% | |
| Independent Power Producers and Energy Traders | 0% | |
| 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| No data available | |||||