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U.K. (FTSE) Renewable Energy Industry Analysis

UpdatedMay 09, 2024
DataAggregated Company Financials
Companies6
  • 7D1.4%
  • 3M24.7%
  • 1Y-1.8%
  • YTD10.6%

The Renewable Energy industry is up 4.0% in the last week, with Drax Group up 5.8%. In the same time, Yü Group was down 12%. The industry has been flat over the past 12 months despite the gain this week. Looking forward, earnings are forecast to decline by 11% per year.

Industry Valuation and Performance

Has the U.K. Renewable Energy Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 09 May 2024UK£2.4bUK£8.8bUK£585.0m8.9x4.2x0.3x
Sat, 06 Apr 2024UK£2.2bUK£8.8bUK£585.1m10.2x3.8x0.3x
Mon, 04 Mar 2024UK£2.1bUK£8.8bUK£576.0m3.2x3.6x0.2x
Wed, 31 Jan 2024UK£4.0bUK£11.1bUK£336.8m10.8x12x0.4x
Fri, 29 Dec 2023UK£4.0bUK£11.1bUK£336.8m10.6x11.9x0.4x
Sun, 26 Nov 2023UK£3.7bUK£11.1bUK£336.8m10x11.1x0.3x
Tue, 24 Oct 2023UK£3.6bUK£11.1bUK£336.7m9.8x10.8x0.3x
Thu, 21 Sep 2023UK£4.0bUK£11.0bUK£334.8m10.8x11.8x0.4x
Sat, 19 Aug 2023UK£4.2bUK£11.0bUK£323.6m11.4x13x0.4x
Mon, 17 Jul 2023UK£4.2bUK£10.4bUK£224.4m16.5x18.8x0.4x
Wed, 14 Jun 2023UK£4.2bUK£10.4bUK£192.5m17.4x22x0.4x
Fri, 12 May 2023UK£4.4bUK£10.4bUK£192.1m16.2x22.8x0.4x
Sun, 09 Apr 2023UK£4.4bUK£10.4bUK£190.3m15.7x23.2x0.4x
Tue, 07 Mar 2023UK£4.5bUK£10.3bUK£184.0m16.4x24.4x0.4x
Thu, 02 Feb 2023UK£4.6bUK£9.0bUK£309.5m12.4x14.8x0.5x
Sat, 31 Dec 2022UK£4.8bUK£9.0bUK£309.7m11x15.4x0.5x
Mon, 28 Nov 2022UK£4.3bUK£9.0bUK£309.7m10.9x14x0.5x
Wed, 26 Oct 2022UK£3.9bUK£9.1bUK£316.4m9.6x12.4x0.4x
Fri, 23 Sep 2022UK£4.7bUK£9.1bUK£346.7m10.3x13.6x0.5x
Sun, 21 Aug 2022UK£4.9bUK£8.9bUK£342.0m12.5x14.2x0.5x
Tue, 19 Jul 2022UK£3.1bUK£5.4bUK£32.6m19.2x94.9x0.6x
Thu, 16 Jun 2022UK£2.7bUK£5.4bUK£50.3m20.9x53.3x0.5x
Sat, 14 May 2022UK£3.2bUK£5.4bUK£47.1m18.2x67.8x0.6x
Mon, 11 Apr 2022UK£3.4bUK£5.4bUK£47.4m19.7x72.7x0.6x
Wed, 09 Mar 2022UK£3.0bUK£5.3bUK£47.0m25.2x64.3x0.6x
Fri, 04 Feb 2022UK£2.6bUK£4.6b-UK£133,439,625.0026.5x-19.8x0.6x
Sun, 02 Jan 2022UK£2.6bUK£4.6b-UK£132,074,005.0025x-20x0.6x
Tue, 30 Nov 2021UK£2.4bUK£4.6b-UK£132,111,755.0023.7x-18.1x0.5x
Thu, 28 Oct 2021UK£2.4bUK£4.6b-UK£138,823,778.0024.5x-17x0.5x
Sat, 25 Sep 2021UK£2.2bUK£4.5b-UK£138,135,554.0025.7x-15.9x0.5x
Mon, 23 Aug 2021UK£1.9bUK£4.5b-UK£132,073,327.16450x-14.1x0.4x
Sat, 10 Jul 2021UK£1.9bUK£4.5b-UK£132,073,327.16397.3x-14.5x0.4x
Price to Earnings Ratio

-11.8x


Total Market Cap: UK£2.0bTotal Earnings: -UK£166,873,327.16Total Revenue: UK£4.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Renewable Energy Industry Price to Earnings3Y Average 15.3x202220232024
Current Industry PE
  • Investors are pessimistic on the British Renewable Energy industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 4.2x which is lower than its 3-year average PE of 15.3x.
  • The industry is trading close to its 3-year average PS ratio of 0.48x.
Past Earnings Growth
  • Total earnings for the Renewable Energy industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 25% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

Which industries have driven the changes within the U.K. Utilities industry?

GB Market2.66%
Utilities4.73%
Renewable Energy1.41%
Renewable Energy3.36%
Independent Power Producers and Energy Traders-9.57%
Industry PE
  • Investors are most optimistic about the Independent Power Producers and Energy Traders industry, which is trading close to its 3-year average PE ratio of 15.2x.
    • Analysts are expecting annual earnings growth of 13.1%, which is lower than the prior year's growth of 239.2% per year.
  • Investors are most pessimistic about the Renewable Energy industry, which is trading below its 3-year average of 36.3x.
Forecasted Growth
  • Analysts are most optimistic on the Independent Power Producers and Energy Traders industry, expecting annual earnings growth of 13% over the next 5 years.
  • In contrast, the Renewable Energy industry is expected to see its earnings decline 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?

CompanyLast Price7D1YValuation
DRX Drax GroupUK£5.463.4%
+UK£69.6m		-9.1%PE3.8x
BCE Beacon EnergyUK£0.0006314.5%
+UK£1.5m		-50.4%PB31.8x
GOOD Good Energy GroupUK£2.560.4%
+UK£181.4k		18.5%PE16.1x
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Latest News

DRX

UK£5.46

Drax Group

7D

3.4%

1Y

-9.1%

YU.

UK£16.30

Yü Group

7D

-11.9%

1Y

167.2%

GOOD

UK£2.56

Good Energy Group

7D

0.4%

1Y

18.5%

Not Many Are Piling Into Good Energy Group PLC (LON:GOOD) Stock Yet As It Plummets 25%

Apr 21
Not Many Are Piling Into Good Energy Group PLC (LON:GOOD) Stock Yet As It Plummets 25%

BCE

UK£0.00063

Beacon Energy

7D

14.5%

1Y

-50.4%