We Think Polenergia (WSE:PEP) Can Stay On Top Of Its Debt
May 11
Polish (WIG) Utilities Sector Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies14
- 7D3.3%
- 3M-4.5%
- 1Y12.6%
- YTD-5.6%
The Utilities industry is up 3.3% in the last week, with PGE Polska Grupa Energetyczna up 6.5%. In the last 12 months, the industry was up 13%. As for the next few years, earnings are expected to grow by 45% per annum.
Sector Valuation and Performance
Has the Polish Utilities Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | zł40.6b | zł224.7b | -zł2,306,835,369.00 | 12.4x | -17.6x | 0.2x |
| Tue, 16 Apr 2024 | zł35.0b | zł218.7b | -zł1,646,930,494.00 | 12.3x | -21.3x | 0.2x |
| Thu, 14 Mar 2024 | zł38.9b | zł215.9b | zł5.8b | 5.4x | 6.7x | 0.2x |
| Sat, 10 Feb 2024 | zł43.1b | zł216.0b | zł5.8b | 5.5x | 7.5x | 0.2x |
| Mon, 08 Jan 2024 | zł42.6b | zł217.5b | zł5.8b | 5.3x | 7.3x | 0.2x |
| Wed, 06 Dec 2023 | zł44.5b | zł217.4b | zł5.8b | 5.6x | 7.6x | 0.2x |
| Fri, 03 Nov 2023 | zł38.2b | zł213.3b | zł4.1b | 5.5x | 9.4x | 0.2x |
| Sun, 01 Oct 2023 | zł37.5b | zł210.5b | zł4.4b | 5.4x | 8.6x | 0.2x |
| Tue, 29 Aug 2023 | zł43.0b | zł199.7b | zł5.4b | 5x | 8x | 0.2x |
| Thu, 27 Jul 2023 | zł41.9b | zł196.8b | zł5.9b | 4.7x | 7.1x | 0.2x |
| Sat, 24 Jun 2023 | zł35.5b | zł196.8b | zł5.9b | 4x | 6x | 0.2x |
| Mon, 22 May 2023 | zł35.3b | zł174.5b | zł5.3b | 6.2x | 6.7x | 0.2x |
| Wed, 19 Apr 2023 | zł33.5b | zł173.6b | zł4.9b | 19.4x | 6.8x | 0.2x |
| Fri, 17 Mar 2023 | zł31.0b | zł168.1b | zł7.8b | 6.2x | 4x | 0.2x |
| Sun, 12 Feb 2023 | zł34.0b | zł168.1b | zł7.8b | 6.4x | 4.4x | 0.2x |
| Tue, 10 Jan 2023 | zł33.6b | zł168.1b | zł7.8b | 6.2x | 4.3x | 0.2x |
| Thu, 08 Dec 2022 | zł34.0b | zł168.0b | zł7.8b | 6.3x | 4.4x | 0.2x |
| Sat, 05 Nov 2022 | zł32.5b | zł150.9b | zł8.3b | 7.5x | 3.9x | 0.2x |
| Mon, 03 Oct 2022 | zł32.4b | zł150.9b | zł8.3b | 6.8x | 3.9x | 0.2x |
| Wed, 31 Aug 2022 | zł36.0b | zł139.1b | zł7.8b | 7.4x | 4.6x | 0.3x |
| Fri, 29 Jul 2022 | zł47.2b | zł136.9b | zł7.9b | 10.8x | 6x | 0.3x |
| Sun, 26 Jun 2022 | zł47.0b | zł137.1b | zł7.9b | 10.7x | 5.9x | 0.3x |
| Tue, 24 May 2022 | zł39.8b | zł128.2b | zł7.5b | 12.1x | 5.3x | 0.3x |
| Thu, 21 Apr 2022 | zł36.9b | zł122.4b | zł7.6b | 10.7x | 4.9x | 0.3x |
| Sat, 19 Mar 2022 | zł36.1b | zł109.8b | zł3.0b | 8.5x | 11.9x | 0.3x |
| Mon, 14 Feb 2022 | zł31.7b | zł109.6b | zł3.0b | 7.1x | 10.5x | 0.3x |
| Wed, 12 Jan 2022 | zł33.0b | zł109.6b | zł3.0b | 7.5x | 10.9x | 0.3x |
| Fri, 10 Dec 2021 | zł32.7b | zł108.7b | zł2.5b | 7.3x | 13.2x | 0.3x |
| Sun, 07 Nov 2021 | zł40.7b | zł106.3b | zł2.1b | 13.1x | 19x | 0.4x |
| Tue, 05 Oct 2021 | zł37.6b | zł106.3b | zł2.1b | 9.8x | 17.6x | 0.4x |
| Thu, 02 Sep 2021 | zł38.1b | zł105.3b | -zł1,651,751,803.60 | 18x | -23.1x | 0.4x |
| Sat, 31 Jul 2021 | zł34.7b | zł105.3b | -zł1,651,751,803.60 | 16.9x | -21x | 0.3x |
Price to Earnings Ratio
-12.8x
Current Industry PE
- Investors are pessimistic on the Polish Utilities industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading close to its 3-year average PS ratio of 0.25x.
Past Earnings Growth
- The earnings for companies in the Utilities industry have improved over the last three years.
- Revenues for these companies have grown 29% 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 Polish Utilities sector?
| PL Market | 1.58% | |
| Utilities | 3.25% | |
| Electric Utilities | 4.32% | |
| Gas Utilities | 2.58% | |
| Other Utilities | 1.00% | |
| Renewable Energy | -1.93% | |
| Water Utilities | -11.47% | |
Industry PE
- Investors are most optimistic about the Gas Utilities industry which is trading above its 3-year average PE ratio of 8.0x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Electric Utilities industry, expecting annual earnings growth of 54% over the next 5 years.
- However this is lower than its past earnings growth rate of 75% per year.
- In contrast, the Renewable Energy industry is expected to see its earnings growth to stay flat 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 | |
|---|---|---|---|---|---|
| PGE PGE Polska Grupa Energetyczna | zł7.46 | 6.5% +zł1.0b | 4.8% | PS0.2x | |
| TPE TAURON Polska Energia | zł3.60 | 3.9% +zł234.8m | 64.7% | PE3.8x | |
| ENG Energa | zł10.26 | 3.3% +zł136.6m | 26.7% | PE6.9x | |
| ENA ENEA | zł10.72 | 0.4% +zł21.2m | 52.9% | PS0.1x | |
| KGN Zespól Elektrocieplowni Wroclawskich KOGENERACJA | zł50.50 | 1.0% +zł7.5m | 49.9% | PE2.6x |
