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Swedish (OMX) Renewable Energy Industry Analysis
UpdatedApr 25, 2024
DataAggregated Company Financials
Companies4
- 7D0.4%
- 3M-10.1%
- 1Y-40.6%
- YTDn/a
Over the last 7 days, the Renewable Energy industry has dropped 1.9%, driven by Orrön Energy declining 4.1%. However, the industry is down 40% over the past year. Earnings are forecast to grow by 70% annually.
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, 25 Apr 2024 | kr3.9b | kr1.0b | kr36.7m | 8x | 105.4x | 3.8x |
| Sat, 23 Mar 2024 | kr4.1b | kr1.0b | kr38.5m | 8.4x | 105.3x | 4x |
| Mon, 19 Feb 2024 | kr4.1b | kr996.1m | -kr16,239,460.94 | 8.8x | -250.1x | 4.1x |
| Wed, 17 Jan 2024 | kr5.4b | kr1.1b | -kr162,535,285.00 | 79.5x | -33.4x | 5x |
| Fri, 15 Dec 2023 | kr5.7b | kr1.1b | -kr160,516,728.00 | 79.8x | -35.3x | 5.3x |
| Sun, 12 Nov 2023 | kr4.8b | kr1.9b | kr616.3m | 74.6x | 7.9x | 2.5x |
| Tue, 10 Oct 2023 | kr5.1b | kr1.9b | kr616.8m | 74.7x | 8.2x | 2.7x |
| Thu, 07 Sep 2023 | kr6.0b | kr1.9b | kr614.4m | 74.8x | 9.7x | 3.1x |
| Sat, 05 Aug 2023 | kr6.5b | kr1.8b | kr1.1b | 9.7x | 6x | 3.6x |
| Mon, 03 Jul 2023 | kr6.9b | kr1.8b | kr1.0b | 9.8x | 6.6x | 3.9x |
| Wed, 31 May 2023 | kr6.8b | kr1.8b | kr1.0b | 9.7x | 6.5x | 3.8x |
| Fri, 28 Apr 2023 | kr7.5b | kr1.6b | kr1.0b | 11.4x | 7.3x | 4.7x |
| Sun, 26 Mar 2023 | kr7.7b | kr1.6b | kr1.0b | 12.8x | 7.5x | 4.8x |
| Tue, 21 Feb 2023 | kr8.2b | kr1.6b | kr1.1b | 14.2x | 7.5x | 5.1x |
| Thu, 19 Jan 2023 | kr10.6b | kr1.4b | kr1.0b | 20.1x | 10.1x | 7.7x |
| Sat, 17 Dec 2022 | kr10.7b | kr1.4b | kr1.1b | 19.5x | 10.1x | 7.7x |
| Mon, 14 Nov 2022 | kr12.6b | kr1.4b | kr999.6m | 27.6x | 12.6x | 8.8x |
| Wed, 12 Oct 2022 | kr10.2b | kr607.8m | kr360.5m | 23.9x | 28.4x | 16.9x |
| Fri, 09 Sep 2022 | kr10.8b | kr607.8m | kr347.8m | 27.7x | 31.1x | 17.8x |
| Sun, 07 Aug 2022 | kr8.8b | kr577.8m | -kr49,734,283.00 | 26.2x | -177x | 15.2x |
| Tue, 05 Jul 2022 | kr3.5b | kr559.8m | kr62.8m | 19x | 56.3x | 6.3x |
| Thu, 02 Jun 2022 | kr3.8b | kr562.3m | -kr121,419,917.00 | 20x | -31x | 6.7x |
| Sat, 30 Apr 2022 | kr4.6b | kr501.1m | kr48.9m | 56.2x | 93.4x | 9.1x |
| Mon, 28 Mar 2022 | kr4.3b | kr501.1m | -kr53,020,453.00 | 61.1x | -82x | 8.7x |
| Wed, 23 Feb 2022 | kr3.8b | kr499.4m | -kr114,341,677.00 | 1149.1x | -32.9x | 7.5x |
| Fri, 21 Jan 2022 | kr4.5b | kr446.4m | -kr169,341,677.00 | 1621.3x | -26.4x | 10x |
| Sun, 19 Dec 2021 | kr3.7b | kr446.8m | -kr169,289,444.00 | 1408.9x | -22.1x | 8.4x |
| Tue, 16 Nov 2021 | kr4.1b | kr429.6m | -kr190,072,309.00 | 887.2x | -21.8x | 9.6x |
| Thu, 14 Oct 2021 | kr2.5b | kr228.6m | kr42.3m | 0.6x | 58.7x | 10.9x |
| Sat, 11 Sep 2021 | kr2.6b | kr228.6m | -kr115,577,177.00 | n/a | -22.4x | 11.3x |
| Mon, 09 Aug 2021 | kr2.6b | kr228.6m | -kr115,577,177.00 | n/a | -22.4x | 11.3x |
| Sun, 02 May 2021 | kr2.9b | kr218.2m | -kr134,089,714.00 | n/a | -21.4x | 13.1x |
Price to Earnings Ratio
-21.4x
Current Industry PE
- Investors are optimistic on the Swedish Renewable Electricity industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 107x which is higher than its 3-year average PE of 2.2x.
- The 3-year average PS ratio of 8.2x is higher than the industry's current PS ratio of 3.9x.
Past Earnings Growth
- Total earnings for the Renewable Electricity 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 Comparison
How does Swedish Renewable Energy compare with similar industries?
| SE Market | 0.92% | |
| Utilities | -0.046% | |
| Renewable Energy | 0.38% | |
| Renewable Energy | 0.38% | |
| Independent Power Producers and Energy Traders | 0% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ARISE Arise | kr38.70 | 1.8% +kr29.8m | -28.5% | PE8x | |
| GIGA Gigasun | kr2.97 | 3.1% +kr5.1m | -78.1% | PS1x |