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Swedish (OMX) Renewable Energy Industry Analysis

UpdatedJun 14, 2024
DataAggregated Company Financials
Companies4
  • 7D-9.6%
  • 3M5.4%
  • 1Y-30.0%
  • YTD-4.3%

Over the last 7 days, the Renewable Energy industry has dropped 1.6%, driven by a pullback from Orrön Energy of 4.8%. Overall the industry is down 24% in 12 months. As for the next few years, earnings are expected to grow by 36% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 14 Jun 2024kr4.5bkr1.0bkr35.9m10.2x126.1x4.5x
Sun, 12 May 2024kr4.1bkr1.0bkr33.5m8.6x122.9x4x
Tue, 09 Apr 2024kr4.1bkr1.0bkr38.1m8.1x107.4x4.1x
Thu, 07 Mar 2024kr4.0bkr999.9mkr40.2m9.2x100.6x4x
Sat, 03 Feb 2024kr5.3bkr1.1b-kr162,116,610.0079.2x-32.6x4.9x
Mon, 01 Jan 2024kr5.8bkr1.1b-kr159,127,898.0080x-36.2x5.4x
Wed, 29 Nov 2023kr5.2bkr1.1b-kr162,625,772.0079x-32.2x4.8x
Fri, 27 Oct 2023kr4.8bkr1.9bkr615.4m74.6x7.8x2.5x
Sun, 24 Sep 2023kr5.5bkr1.9bkr614.9m74.8x8.9x2.9x
Tue, 22 Aug 2023kr6.3bkr1.9bkr614.4m74.9x10.2x3.3x
Thu, 20 Jul 2023kr6.6bkr1.8bkr1.1b9.6x6.1x3.6x
Sat, 17 Jun 2023kr7.4bkr1.8bkr1.0b10.9x7.1x4.2x
Mon, 15 May 2023kr7.0bkr1.6bkr1.0b10.5x6.9x4.3x
Wed, 12 Apr 2023kr8.0bkr1.6bkr1.0b12.8x7.8x5x
Fri, 10 Mar 2023kr7.8bkr1.6bkr1.1b14.7x7.1x4.9x
Sun, 05 Feb 2023kr9.2bkr1.4bkr1.1b16.9x8.8x6.6x
Tue, 03 Jan 2023kr10.8bkr1.4bkr1.1b20.9x10.3x7.8x
Thu, 01 Dec 2022kr10.9bkr1.4bkr1.1b20.7x10.3x7.8x
Sat, 29 Oct 2022kr10.7bkr607.8mkr353.0m24.9x30.2x17.6x
Mon, 26 Sep 2022kr9.8bkr607.8mkr359.2m24.3x27.2x16.1x
Wed, 24 Aug 2022kr10.7bkr590.6mkr334.4m25.3x32.1x18.2x
Fri, 22 Jul 2022kr6.6bkr577.8m-kr49,718,003.0024.2x-133x11.4x
Sun, 19 Jun 2022kr3.6bkr559.8mkr62.8m19.2x57.1x6.4x
Tue, 17 May 2022kr3.8bkr542.7mkr85.9m39.7x44x7x
Thu, 14 Apr 2022kr4.9bkr501.1mkr48.9m69.3x101.3x9.9x
Sat, 12 Mar 2022kr4.5bkr505.3m-kr58,637,453.0060.5x-76.6x8.9x
Mon, 07 Feb 2022kr4.6bkr446.4m-kr169,341,677.001632.6x-27x10.3x
Wed, 05 Jan 2022kr4.1bkr446.4m-kr169,601,070.001584.2x-24.3x9.2x
Fri, 03 Dec 2021kr4.2bkr440.5m-kr187,939,792.001422.4x-22.1x9.4x
Sun, 31 Oct 2021kr3.3bkr336.6m-kr21,840,789.000.8x-151.1x9.8x
Tue, 28 Sep 2021kr2.6bkr228.6mkr42.2m0.6x61.6x11.4x
Thu, 26 Aug 2021kr2.6bkr228.6m-kr115,577,177.00n/a-22.7x11.5x
Fri, 02 Jul 2021kr2.6bkr228.6m-kr115,577,177.00n/a-22.2x11.2x
Price to Earnings Ratio

-22.2x


Total Market Cap: kr2.6bTotal Earnings: -kr115,577,177.00Total Revenue: kr228.6mTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Renewable Energy Industry Price to Earnings3Y Average 10.2x202220232024
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 135x which is higher than its 3-year average PE of 9.9x.
  • The 3-year average PS ratio of 7.7x is higher than the industry's current PS ratio of 4.7x.
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 64% 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-0.78%
Utilities-7.70%
Renewable Energy-9.55%
Independent Power Producers and Energy Traders0%
Renewable Energy-9.55%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 9.9x.
    • Analysts are expecting annual earnings growth of 36.2%, which is higher than its past year's earnings decline of 74.2% 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 9.9x.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 36% over the next 5 years.
  • This is better than its past earnings decline of 74% per year.
  • In contrast, the Renewable Energy industry is expected to see its earnings grow by 36% 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
No data available
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