Grenergy Renovables, S.A.

BME:GRE Stock Report

Market Cap: €1.1b

Grenergy Renovables Valuation

Is GRE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of GRE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€1.80
Fair Value
1.9k% overvalued intrinsic discount
11
Number of Analysts

Below Fair Value: GRE (€36.6) is trading above our estimate of fair value (€1.8)

Significantly Below Fair Value: GRE is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for GRE?

Key metric: As GRE is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for GRE. This is calculated by dividing GRE's market cap by their current earnings.
What is GRE's PE Ratio?
PE Ratio17.6x
Earnings€59.82m
Market Cap€1.05b

Price to Earnings Ratio vs Peers

How does GRE's PE Ratio compare to its peers?

The above table shows the PE ratio for GRE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average16.2x
SLR Solaria Energía y Medio Ambiente
10.4x8.7%€918.4m
ADX Audax Renovables
11.4x3.1%€690.4m
COXG Cox ABG Group
16.3x25.3%€687.1m
ENER Ecoener
27x39.5%€261.8m
GRE Grenergy Renovables
17.6x15.8%€1.1b

Price-To-Earnings vs Peers: GRE is expensive based on its Price-To-Earnings Ratio (17.6x) compared to the peer average (16.2x).

Price to Earnings Ratio vs Industry

How does GRE's PE Ratio compare vs other companies in the European Renewable Energy Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
GRE 17.6xIndustry Avg. 16.2xNo. of Companies8PE01224364860+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: GRE is expensive based on its Price-To-Earnings Ratio (17.6x) compared to the European Renewable Energy industry average (16.2x).

Price to Earnings Ratio vs Fair Ratio

What is GRE's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

GRE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17.6x
Fair PE Ratio19.2x

Price-To-Earnings vs Fair Ratio: GRE is good value based on its Price-To-Earnings Ratio (17.6x) compared to the estimated Fair Price-To-Earnings Ratio (19.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst GRE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€36.60
€48.45
+32.4%
20.1%€70.00€30.00n/a11
Mar ’26€36.20
€49.58
+37.0%
23.3%€72.50€30.00n/a11
Feb ’26€35.70
€49.66
+39.1%
23.3%€72.50€30.00n/a11
Jan ’26€32.65
€48.39
+48.2%
24.9%€72.50€30.00n/a11
Dec ’25€28.80
€47.07
+63.4%
20.9%€70.00€30.00n/a11
Nov ’25€33.10
€46.40
+40.2%
21.9%€70.00€30.00n/a11
Oct ’25€37.50
€45.44
+21.2%
23.1%€70.00€30.00n/a11
Sep ’25€33.20
€41.07
+23.7%
19.7%€60.00€30.00n/a11
Aug ’25€35.75
€41.07
+14.9%
19.7%€60.00€30.00n/a11
Jul ’25€34.45
€40.99
+19.0%
19.8%€60.00€30.00n/a11
Jun ’25€30.80
€39.56
+28.4%
19.8%€60.00€30.00n/a10
May ’25€27.45
€39.80
+45.0%
19.7%€60.00€30.00n/a10
Apr ’25€24.34
€39.73
+63.2%
20.8%€60.00€30.00n/a9
Mar ’25€25.00
€40.84
+63.4%
18.1%€60.00€32.00€36.2010
Feb ’25€32.46
€40.70
+25.4%
18.3%€60.00€34.50€35.7010
Jan ’25€34.24
€39.22
+14.6%
23.0%€60.00€26.00€32.659
Dec ’24€30.04
€38.66
+28.7%
23.9%€60.00€26.00€28.809
Nov ’24€22.82
€37.16
+62.8%
17.6%€50.00€26.00€33.109
Oct ’24€20.68
€37.32
+80.5%
14.2%€45.00€26.00€37.509
Sep ’24€25.70
€38.08
+48.2%
11.8%€45.00€31.00€33.209
Aug ’24€27.04
€38.08
+40.8%
11.8%€45.00€31.00€35.759
Jul ’24€28.20
€39.14
+38.8%
9.7%€45.00€34.00€34.458
Jun ’24€24.36
€40.89
+67.8%
7.4%€45.00€36.30€30.807
May ’24€26.58
€40.21
+51.3%
9.9%€45.00€34.00€27.457
Apr ’24€28.02
€40.21
+43.5%
9.9%€45.00€34.00€24.347
Mar ’24€29.10
€40.28
+38.4%
11.1%€47.00€34.00€25.008
Analyst Price Target
Consensus Narrative from 11 Analysts
€48.45
Fair Value
24.5% undervalued intrinsic discount
11
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/23 00:46
End of Day Share Price 2025/03/21 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Grenergy Renovables, S.A. is covered by 18 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Flora Mericia TrindadeBanco BPI, S.A.
Eduardo González MartínBanco Santander
Temitope SulaimanBarclays