Is LGI (ASX:LGI) A Risky Investment?
Apr 25
Australian (ASX) Renewable Energy Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies7
- 7D-1.6%
- 3M33.1%
- 1Y15.8%
- YTDn/a
Over the last 7 days, the Renewable Energy industry has dropped 1.6%, driven by Delorean declining 4.0%. In the past year, the industry has gained 16%. As for the next few years, earnings are expected to grow by 21% per annum.
Industry Valuation and Performance
Has the Australian Renewable Energy Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | AU$813.6m | AU$62.8m | -AU$7,118,035.63 | 36.5x | -114.3x | 13x |
| Fri, 05 Apr 2024 | AU$776.3m | AU$62.8m | -AU$7,117,453.96 | 33.1x | -109.1x | 12.4x |
| Sun, 03 Mar 2024 | AU$500.0m | AU$61.3m | -AU$14,096,507.42 | 27x | -35.5x | 8.2x |
| Tue, 30 Jan 2024 | AU$454.5m | AU$85.6m | -AU$2,331,945.00 | 15.7x | -194.9x | 5.3x |
| Thu, 28 Dec 2023 | AU$479.7m | AU$85.5m | -AU$2,323,447.00 | 15.8x | -206.4x | 5.6x |
| Sat, 25 Nov 2023 | AU$488.3m | AU$85.6m | -AU$2,336,654.00 | 16.1x | -209x | 5.7x |
| Mon, 23 Oct 2023 | AU$479.0m | AU$85.7m | -AU$2,349,576.00 | 16.6x | -203.9x | 5.6x |
| Wed, 20 Sep 2023 | AU$465.6m | AU$85.7m | -AU$2,348,138.00 | 16x | -198.3x | 5.4x |
| Fri, 18 Aug 2023 | AU$475.0m | AU$110.0m | -AU$8,572,558.00 | 35.5x | -55.4x | 4.3x |
| Sun, 16 Jul 2023 | AU$515.1m | AU$109.9m | -AU$8,543,716.00 | 35.8x | -60.3x | 4.7x |
| Tue, 13 Jun 2023 | AU$511.7m | AU$109.9m | -AU$8,535,916.00 | 34.1x | -59.9x | 4.7x |
| Thu, 11 May 2023 | AU$539.5m | AU$78.3m | -AU$14,389,564.00 | 81.1x | -37.5x | 6.9x |
| Sat, 08 Apr 2023 | AU$541.4m | AU$78.4m | -AU$14,405,371.00 | 78.7x | -37.6x | 6.9x |
| Mon, 06 Mar 2023 | AU$552.7m | AU$78.3m | -AU$14,383,993.00 | 76.4x | -38.4x | 7.1x |
| Wed, 01 Feb 2023 | AU$509.8m | AU$74.6m | -AU$20,312,496.00 | 4.8x | -25.1x | 6.8x |
| Fri, 30 Dec 2022 | AU$490.4m | AU$74.7m | -AU$20,313,519.00 | 13.6x | -24.1x | 6.6x |
| Sun, 27 Nov 2022 | AU$580.6m | AU$74.6m | -AU$20,310,542.00 | 12.9x | -28.6x | 7.8x |
| Tue, 25 Oct 2022 | AU$703.7m | AU$74.6m | -AU$20,311,816.00 | 69.2x | -34.6x | 9.4x |
| Thu, 22 Sep 2022 | AU$684.2m | AU$74.6m | -AU$20,309,013.00 | 64.3x | -33.7x | 9.2x |
| Sat, 20 Aug 2022 | AU$435.6m | AU$50.1m | -AU$35,058,025.00 | 59.7x | -12.4x | 8.7x |
| Mon, 18 Jul 2022 | AU$291.9m | AU$50.2m | -AU$35,054,990.00 | 60.6x | -8.3x | 5.8x |
| Wed, 15 Jun 2022 | AU$278.8m | AU$50.2m | -AU$35,056,167.00 | 55.2x | -8x | 5.6x |
| Fri, 13 May 2022 | AU$302.7m | AU$50.2m | -AU$35,055,221.00 | 46.4x | -8.6x | 6x |
| Sun, 10 Apr 2022 | AU$339.5m | AU$50.1m | -AU$35,059,497.00 | 42.6x | -9.7x | 6.8x |
| Tue, 08 Mar 2022 | AU$297.5m | AU$50.2m | -AU$33,274,900.00 | 55.2x | -8.9x | 5.9x |
| Thu, 03 Feb 2022 | AU$283.8m | AU$41.7m | -AU$23,892,076.00 | 306.2x | -11.9x | 6.8x |
| Sat, 01 Jan 2022 | AU$316.4m | AU$41.6m | -AU$23,892,453.00 | 287.2x | -13.2x | 7.6x |
| Mon, 29 Nov 2021 | AU$291.9m | AU$41.7m | -AU$23,892,373.00 | 389.7x | -12.2x | 7x |
| Wed, 27 Oct 2021 | AU$342.1m | AU$41.6m | -AU$23,893,034.00 | 348.1x | -14.3x | 8.2x |
| Fri, 24 Sep 2021 | AU$349.8m | AU$44.2m | -AU$23,892,536.00 | 360.4x | -14.6x | 7.9x |
| Sun, 22 Aug 2021 | AU$346.3m | AU$44.3m | -AU$23,893,053.59 | 325.1x | -14.5x | 7.8x |
| Fri, 09 Jul 2021 | AU$315.9m | AU$44.3m | -AU$23,893,053.59 | 273.2x | -13.2x | 7.1x |
Price to Earnings Ratio
-28.6x
Current Industry PE
- Investors are optimistic on the Australian Renewable Electricity industry, and appear confident in long term growth rates.
- The 3-year average PS ratio of 7.2x is lower than the industry's current PS ratio of 13.0x.
Past Earnings Growth
- The earnings for companies in the Renewable Electricity industry have improved over the last three years.
- Revenues for these companies have grown 14% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Comparison
How does Australian Renewable Energy compare with similar industries?
| AU Market | 1.62% | |
| Utilities | 3.32% | |
| Renewable Energy | -1.88% | |
| Renewable Energy | -1.62% | |
| Independent Power Producers and Energy Traders | -6.07% | |
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 | |
|---|---|---|---|---|---|
| KPO Kalina Power | AU$0.004 | 0% AU$1.1m | -69.2% | PB1x | |
| LGI LGI | AU$2.91 | 0.3% +AU$886.9k | 14.6% | PE36.6x | |
| RNE ReNu Energy | AU$0.007 | 16.7% +AU$691.6k | -84.4% | PB0.3x | |
| TML Timah Resources | AU$0.028 | 7.7% +AU$177.5k | -45.1% | PE17.9x |
