Narrative Update • Jun 09
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- 7D-1.7%
- 3M-1.7%
- 1Y3.4%
- YTD-5.2%
Over the last 7 days, the Renewable Energy industry has dropped 1.7%, driven by Brookfield Renewable declining 5.8%. Meanwhile, ReNew Energy Global actually outperformed within the industry, gaining 6.5% in the last week. In the past year, the industry has gained 3.4%. As for the next few years, earnings are expected to grow by 26% per annum.
Industry Valuation and Performance
Has the U.S. Renewable Energy Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 14 Jun 2026 | US$120.8b | US$45.1b | -US$908,924,092.38 | 24.4x | -132.9x | 2.7x |
| Tue, 12 May 2026 | US$110.6b | US$45.1b | -US$817,253,093.23 | 33.2x | -135.4x | 2.5x |
| Thu, 09 Apr 2026 | US$110.8b | US$42.4b | -US$477,421,832.84 | 55.7x | -232.2x | 2.6x |
| Sat, 07 Mar 2026 | US$114.6b | US$42.4b | -US$707,940,091.60 | 53.5x | -161.9x | 2.7x |
| Mon, 02 Feb 2026 | US$113.9b | US$41.3b | US$31.6m | 55.9x | 3605.4x | 2.8x |
| Wed, 31 Dec 2025 | US$113.9b | US$41.4b | US$1.5b | 50.9x | 76.2x | 2.8x |
| Fri, 28 Nov 2025 | US$121.3b | US$41.4b | US$1.5b | 51.3x | 81.5x | 2.9x |
| Sun, 26 Oct 2025 | US$129.4b | US$43.3b | US$1.4b | 46.3x | 91.7x | 3x |
| Tue, 23 Sep 2025 | US$128.4b | US$43.2b | US$1.4b | 41.7x | 90.3x | 3x |
| Thu, 21 Aug 2025 | US$120.3b | US$43.3b | US$1.4b | 41.7x | 84.5x | 2.8x |
| Sat, 19 Jul 2025 | US$112.2b | US$42.7b | US$3.2b | 39x | 35.2x | 2.6x |
| Mon, 16 Jun 2025 | US$106.8b | US$42.2b | US$3.4b | 31.8x | 31.9x | 2.5x |
| Wed, 14 May 2025 | US$93.4b | US$42.1b | US$3.3b | 28.9x | 28.6x | 2.2x |
| Fri, 11 Apr 2025 | US$81.2b | US$42.2b | US$5.0b | 32.2x | 16.4x | 1.9x |
| Sun, 09 Mar 2025 | US$79.1b | US$42.2b | US$5.0b | 19.7x | 15.8x | 1.9x |
| Tue, 04 Feb 2025 | US$94.2b | US$41.2b | US$3.8b | 20.6x | 24.6x | 2.3x |
| Thu, 02 Jan 2025 | US$81.8b | US$36.5b | US$3.6b | 23.5x | 22.7x | 2.2x |
| Sat, 30 Nov 2024 | US$94.3b | US$37.7b | US$3.6b | 27.1x | 26x | 2.5x |
| Mon, 28 Oct 2024 | US$83.2b | US$35.5b | US$1.8b | 27.7x | 46.7x | 2.3x |
| Wed, 25 Sep 2024 | US$82.4b | US$35.5b | US$1.8b | 28.8x | 44.7x | 2.3x |
| Fri, 23 Aug 2024 | US$68.6b | US$35.5b | US$1.9b | 26x | 36.7x | 1.9x |
| Sun, 21 Jul 2024 | US$65.2b | US$34.9b | US$1.2b | 34.3x | 54.5x | 1.9x |
| Tue, 18 Jun 2024 | US$70.7b | US$34.9b | US$1.2b | 34.8x | 59.4x | 2x |
| Thu, 16 May 2024 | US$72.4b | US$34.7b | US$1.2b | 35.9x | 61.8x | 2.1x |
| Sat, 13 Apr 2024 | US$61.2b | US$36.7b | US$1.2b | 39.9x | 49x | 1.7x |
| Mon, 11 Mar 2024 | US$56.3b | US$34.9b | US$1.7b | 31.1x | 32.5x | 1.6x |
| Wed, 07 Feb 2024 | US$49.6b | US$35.9b | US$1.4b | 21.6x | 36.4x | 1.4x |
| Fri, 05 Jan 2024 | US$52.8b | US$35.9b | US$1.4b | 22.5x | 38.5x | 1.5x |
| Sun, 03 Dec 2023 | US$49.6b | US$35.9b | US$1.4b | 24.3x | 36.4x | 1.4x |
| Tue, 31 Oct 2023 | US$43.8b | US$37.2b | US$1.3b | 20.8x | 33.4x | 1.2x |
| Thu, 28 Sep 2023 | US$46.8b | US$37.1b | US$1.3b | 28.7x | 35.3x | 1.3x |
| Sat, 26 Aug 2023 | US$49.6b | US$37.1b | US$1.3b | 32.1x | 37.4x | 1.3x |
| Mon, 24 Jul 2023 | US$55.0b | US$35.0b | -US$1,135,958,754.00 | 34.4x | -48.4x | 1.6x |
| Wed, 21 Jun 2023 | US$49.4b | US$35.2b | -US$1,179,884,941.00 | 29.9x | -41.8x | 1.4x |
Price to Earnings Ratio
-41.8x
Current Industry PE
- Investors are optimistic on the American Renewable Energy industry, and appear confident in long term growth rates.
- The 3-year average PS ratio of 2.1x is lower than the industry's current PS ratio of 2.7x.
Past Earnings Growth
- The earnings for companies in the Renewable Energy industry have improved over the last three years.
- Revenues for these companies have grown 8.6% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Trends
Which industries have driven the changes within the U.S. Utilities industry?
| US Market | 0.87% | |
| Utilities | 0.15% | |
| Renewable Energy | -1.72% | |
| Independent Power Producers and Energy Traders | -0.57% | |
| Renewable Energy | -3.73% | |
Industry PE
- Investors are most optimistic about the Independent Power Producers and Energy Traders industry even though it's trading below its 3-year average PE ratio of 26.4x.
- Analysts are expecting annual earnings growth of 15.2%, which is higher than its past year's earnings decline of 1.3% per year.
Forecasted Growth
- Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 47% over the next 5 years.
- This is better than its past earnings decline of 70% per year.
- In contrast, the Independent Power Producers and Energy Traders industry is expected to see its earnings grow by 15% 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 | |
|---|---|---|---|---|---|
| RNW ReNew Energy Global | US$6.43 | 6.5% +US$142.0m | -5.3% | PE21.4x | |
| AES AES | US$14.68 | 0.07% +US$7.1m | 28.3% | PE7.6x | |
| ANNA AleAnna | US$3.20 | 5.3% +US$6.6m | -64.0% | PE16.3x | |
| SPRU Spruce Power Holding | US$2.84 | 9.7% +US$4.6m | 54.3% | PS0.5x | |
| VIVO VivoPower | US$4.77 | 3.7% +US$2.9m | -12.8% | PS1312.9x |
