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Brazilian (BOVESPA) Renewable Energy Industry Analysis

UpdatedMay 16, 2024
DataAggregated Company Financials
Companies7
  • 7D0.7%
  • 3M0.6%
  • 1Y-2.0%
  • YTD-5.8%

The Renewable Energy industry has stayed flat over the last week. In line with that, the industry has also been flat over the past 12 months. Earnings are forecast to grow by 37% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 16 May 2024R$81.6bR$33.7bR$4.3b15.9x18.9x2.4x
Sat, 13 Apr 2024R$79.0bR$34.3bR$3.7b42.3x21.5x2.3x
Mon, 11 Mar 2024R$80.0bR$33.9bR$4.4b33.4x18.2x2.4x
Wed, 07 Feb 2024R$81.0bR$33.6bR$6.6b23x12.2x2.4x
Fri, 05 Jan 2024R$86.8bR$33.6bR$6.6b23.2x13.1x2.6x
Sun, 03 Dec 2023R$86.0bR$33.6bR$6.6b23.6x13x2.6x
Tue, 31 Oct 2023R$75.9bR$32.7bR$7.8b18.4x9.7x2.3x
Thu, 28 Sep 2023R$81.3bR$32.7bR$7.8b19.8x10.4x2.5x
Sat, 26 Aug 2023R$84.4bR$32.7bR$7.8b20.7x10.8x2.6x
Mon, 24 Jul 2023R$87.3bR$31.6bR$7.2b40.7x12.1x2.8x
Wed, 21 Jun 2023R$87.7bR$31.6bR$7.2b41.4x12.2x2.8x
Fri, 19 May 2023R$83.2bR$29.9bR$7.2b36.1x11.6x2.8x
Sun, 16 Apr 2023R$80.8bR$29.6bR$6.7b18.9x12.1x2.7x
Tue, 14 Mar 2023R$80.8bR$28.9bR$6.8b14.4x11.8x2.8x
Thu, 09 Feb 2023R$78.3bR$26.1bR$4.2b17x18.8x3x
Sat, 07 Jan 2023R$78.2bR$26.1bR$4.2b17.4x18.8x3x
Mon, 05 Dec 2022R$80.0bR$26.1bR$4.2b16.9x19.2x3.1x
Wed, 02 Nov 2022R$83.7bR$26.1bR$4.3b17.2x19.4x3.2x
Fri, 30 Sep 2022R$79.6bR$25.2bR$4.2b15x19.1x3.2x
Sun, 28 Aug 2022R$83.9bR$25.2bR$4.2b15.7x20.1x3.3x
Tue, 26 Jul 2022R$85.9bR$24.0bR$4.0b16.2x21.5x3.6x
Thu, 23 Jun 2022R$78.8bR$24.0bR$4.0b14.6x19.8x3.3x
Sat, 21 May 2022R$80.9bR$23.3bR$4.0b15.1x20.4x3.5x
Mon, 18 Apr 2022R$93.9bR$24.1bR$6.0b14.9x15.7x3.9x
Wed, 16 Mar 2022R$74.4bR$25.2bR$6.1b11.1x12.2x2.9x
Fri, 11 Feb 2022R$77.2bR$25.7bR$5.9b12.4x13x3x
Sun, 09 Jan 2022R$72.6bR$25.7bR$5.9b11x12.3x2.8x
Tue, 07 Dec 2021R$72.9bR$24.1bR$6.1b12.9x12x3x
Thu, 04 Nov 2021R$76.1bR$22.4bR$5.7b13.8x13.4x3.4x
Sat, 02 Oct 2021R$76.2bR$22.3bR$5.2b13x14.6x3.4x
Mon, 30 Aug 2021R$75.8bR$22.3bR$5.2b13.1x14.5x3.4x
Tue, 06 Jul 2021R$79.5bR$22.3bR$5.2b13.5x15.2x3.6x
Price to Earnings Ratio

14x


Total Market Cap: R$82.3bTotal Earnings: R$5.9bTotal Revenue: R$21.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Renewable Energy Industry Price to Earnings3Y Average 15.3x202220232024
Current Industry PE
  • Investors are optimistic on the Brazilian Renewable Energy industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 18.9x which is higher than its 3-year average PE of 15.3x.
  • The 3-year average PS ratio of 3.0x is higher than the industry's current PS ratio of 2.4x.
Past Earnings Growth
  • The earnings for companies in the Renewable Energy industry have declined 9.9% per year over the last three years.
  • Meanwhile revenues for these companies have grown 17% 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 Trends

Which industries have driven the changes within the Brazilian Utilities industry?

BR Market0.068%
Utilities1.04%
Renewable Energy0.67%
Renewable Energy0.79%
Independent Power Producers and Energy Traders0.32%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry, which is trading close to its 3-year average PE ratio of 14.2x.
    • Analysts are expecting annual earnings growth of 18.7%, which is lower than the prior year's growth of 99.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Independent Power Producers and Energy Traders industry, expecting annual earnings growth of 89% over the next 5 years.
  • In contrast, the Renewable Energy industry is expected to see its earnings grow by 19% 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
AESB3 AES Brasil EnergiaR$11.1317.2%
+R$981.1m		-10.0%PE485.4x
EGIE3 Engie Brasil EnergiaR$44.251.1%
+R$391.6m		4.6%PE8.5x
SRNA3 Serena EnergiaR$9.456.8%
+R$373.6m		3.1%PE20.8x
ENEV3 EnevaR$12.701.0%
+R$193.9m		6.3%PS2.1x
AURE3 Auren EnergiaR$11.830.2%
+R$20.0m		-14.5%PS1.9x
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Latest News

ENEV3

R$12.70

Eneva

7D

1.0%

1Y

6.3%

EGIE3

R$44.25

Engie Brasil Energia

7D

1.1%

1Y

4.6%

We Think That There Are Some Issues For Engie Brasil Energia (BVMF:EGIE3) Beyond Its Promising Earnings

May 14
We Think That There Are Some Issues For Engie Brasil Energia (BVMF:EGIE3) Beyond Its Promising Earnings

AESB3

R$11.13

AES Brasil Energia

7D

17.2%

1Y

-10.0%

SRNA3

R$9.45

Serena Energia

7D

6.8%

1Y

3.1%

AURE3

R$11.83

Auren Energia

7D

0.2%

1Y

-14.5%

RNEW11

R$3.12

Renova Energia

7D

-1.9%

1Y

-36.5%