Be Wary Of Montauk Renewables (NASDAQ:MNTK) And Its Returns On Capital
When researching a stock for investment, what can tell us that the company is in decline? A business that's potentially...
U.S. Renewable Energy Industry Analysis
UpdatedMay 24, 2022
DataAggregated Company Financials
Companies35
- 7D8.4%
- 3M4.1%
- 1Y-13.7%
- YTD-13.5%
The Renewable Energy industry has gained 8.4% in the last week and Ormat Technologies up 7.2%. However, the industry is down 14% over the past year. Earnings are forecast to grow by 45% annually.
Industry Valuation and Performance
Has the U.S. Renewable Energy Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Wed, 25 May 2022 | US$24.6b | US$4.5b | -US$245,221,070.00 | 67.1x |
| Fri, 22 Apr 2022 | US$24.3b | US$4.4b | -US$267,187,591.00 | 72.5x |
| Sun, 20 Mar 2022 | US$27.6b | US$4.4b | -US$289,243,757.00 | 72.1x |
| Tue, 15 Feb 2022 | US$24.1b | US$4.3b | -US$368,900,264.00 | 58.8x |
| Thu, 13 Jan 2022 | US$26.2b | US$4.3b | -US$301,763,497.00 | 66.9x |
| Sat, 11 Dec 2021 | US$27.4b | US$4.2b | -US$303,747,503.00 | 68.1x |
| Mon, 08 Nov 2021 | US$29.0b | US$4.1b | -US$96,797,521.00 | 66x |
| Wed, 06 Oct 2021 | US$22.1b | US$3.4b | US$11.9m | 59.9x |
| Fri, 03 Sep 2021 | US$21.4b | US$3.4b | -US$10,186,490.67 | 62.2x |
| Sun, 01 Aug 2021 | US$21.4b | US$3.4b | -US$10,186,490.67 | 60.4x |
| Wed, 05 May 2021 | US$21.2b | US$3.3b | US$151.1m | 54.3x |
| Sat, 06 Feb 2021 | US$25.5b | US$3.2b | -US$266,511,096.46 | 74.6x |
| Tue, 10 Nov 2020 | US$15.5b | US$3.1b | -US$170,460,683.02 | 42.6x |
| Mon, 03 Aug 2020 | US$18.1b | US$4.0b | -US$511,293,845.61 | 26.4x |
| Thu, 07 May 2020 | US$14.9b | US$4.0b | -US$598,420,189.14 | 20.3x |
| Sun, 09 Feb 2020 | US$16.9b | US$4.0b | -US$292,760,515.21 | 29.6x |
| Sat, 02 Nov 2019 | US$15.1b | US$3.9b | -US$388,763,417.58 | 41.7x |
| Tue, 06 Aug 2019 | US$13.2b | US$3.8b | -US$235,195,841.39 | 37.5x |
Median PE Ratio
56.3x
Current Industry PE
- Investors are optimistic on the industry, and appear confident in long-term growth rates.
- The industry is trading at a PE ratio of 67.1x which is higher than its 3-year average PE of 46.8x.
Past Earnings Growth
- Total earnings for the Renewable Electricity industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 7.3% 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 Comparison
How does U.S. Renewable Energy compare with similar industries?
| US Market | -0.51% | |
| Utilities | 1.51% | |
| Renewable Energy | 5.83% | |
| Renewable Energy | 8.39% | |
| Independent Power Producers and Energy Traders | 3.93% | |
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ORA Ormat Technologies | US$78.42 | 4.4% +US$186.7m | 14.7% | PS67.4x | |
| NOVA Sunnova Energy International | US$17.08 | 5.2% +US$96.3m | -38.7% | PS7.4x | |
| AMPS Altus Power | US$6.79 | 9.3% +US$89.1m | -31.0% | PS16.1x | |
| AZRE Azure Power Global | US$13.89 | 10.2% +US$82.8m | -32.1% | PS3.9x | |
| MNTK Montauk Renewables | US$12.07 | 2.8% +US$46.5m | 23.8% | PS197.5x |