Neoen's (EPA:NEOEN) Returns Have Hit A Wall
Oct 24
French (CAC) Renewable Energy Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies6
- 7D0.6%
- 3M-24.5%
- 1Y-30.8%
- YTD-32.2%
The Renewable Energy industry has been flat over the last week, but Voltalia has lost 3.2%. As for the longer term, the industry has declined 31% in the last year. Looking forward, earnings are forecast to grow by 21% annually.
Industry Valuation and Performance
Has the French Renewable Energy Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | €6.4b | €1.7b | €189.9m | 24.9x | 33.9x | 3.9x |
| Wed, 27 Sep 2023 | €7.7b | €1.7b | €204.6m | 26.7x | 37.6x | 4.6x |
| Fri, 25 Aug 2023 | €8.1b | €1.7b | €204.6m | 26.6x | 39.3x | 4.8x |
| Sun, 23 Jul 2023 | €8.4b | €1.6b | €91.4m | 63.4x | 92x | 5.2x |
| Tue, 20 Jun 2023 | €8.2b | €1.6b | €91.2m | 62x | 90x | 5.1x |
| Thu, 18 May 2023 | €7.9b | €1.6b | €91.2m | 60.6x | 86.4x | 4.9x |
| Sat, 15 Apr 2023 | €6.8b | €1.6b | €92.1m | 48.9x | 73.5x | 4.2x |
| Mon, 13 Mar 2023 | €7.0b | €1.7b | €114.8m | 67.5x | 61.2x | 4.3x |
| Wed, 08 Feb 2023 | €8.1b | €1.5b | €85.1m | 145.4x | 95x | 5.2x |
| Fri, 06 Jan 2023 | €7.9b | €1.5b | €85.1m | 146.3x | 93.4x | 5.2x |
| Sun, 04 Dec 2022 | €7.7b | €1.5b | €85.1m | 110.1x | 90x | 5x |
| Tue, 01 Nov 2022 | €7.5b | €1.5b | €85.1m | 118.4x | 88x | 4.9x |
| Thu, 29 Sep 2022 | €7.2b | €1.5b | €67.2m | 131.1x | 107.8x | 4.9x |
| Sat, 27 Aug 2022 | €8.7b | €1.5b | €67.2m | 163.1x | 129x | 5.8x |
| Mon, 25 Jul 2022 | €8.4b | €1.4b | €94.8m | 66.8x | 88.4x | 6.1x |
| Wed, 22 Jun 2022 | €7.7b | €1.4b | €94.8m | 62.3x | 81.6x | 5.6x |
| Fri, 20 May 2022 | €8.3b | €1.4b | €94.8m | 64.9x | 87x | 6x |
| Sun, 17 Apr 2022 | €7.9b | €1.4b | €96.6m | 62.2x | 81.7x | 5.8x |
| Tue, 15 Mar 2022 | €7.5b | €1.2b | €45.9m | 438.1x | 163.4x | 6.3x |
| Thu, 10 Feb 2022 | €6.2b | €1.1b | €41.3m | 355.4x | 151.2x | 5.5x |
| Sat, 08 Jan 2022 | €6.8b | €1.1b | €43.1m | 381.1x | 159x | 6.1x |
| Mon, 06 Dec 2021 | €6.9b | €1.1b | €43.1m | 408.9x | 159.7x | 6.1x |
| Wed, 03 Nov 2021 | €7.9b | €1.1b | €43.1m | 472.5x | 183.9x | 7x |
| Fri, 01 Oct 2021 | €7.2b | €1.1b | €43.1m | 450.3x | 167.3x | 6.4x |
| Sun, 29 Aug 2021 | €7.6b | €1.1b | €48.7m | 105.9x | 156.8x | 7.2x |
| Mon, 05 Jul 2021 | €7.7b | €1.1b | €48.7m | 105.9x | 158.2x | 7.2x |
| Thu, 08 Apr 2021 | €7.2b | €1.1b | €57.9m | 105.9x | 123.7x | 6.8x |
| Sun, 10 Jan 2021 | €9.3b | €1.0b | €67.1m | 208.4x | 138.4x | 8.9x |
Price to Earnings Ratio
99.8x
Current Industry PE
- Investors are pessimistic on the French Renewable Electricity 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 33.9x which is lower than its 3-year average PE of 109x.
- The 3-year average PS ratio of 6.0x is higher than the industry's current PS ratio of 3.9x.
Past Earnings Growth
- The earnings for companies in the Renewable Electricity industry have grown 39% per year over the last three years.
- Revenues for these companies have grown 17% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does French Renewable Energy compare with similar industries?
| FR Market | 0.10% | |
| Utilities | 0.66% | |
| Renewable Energy | 0.55% | |
| Renewable Energy | 0.56% | |
| Independent Power Producers and Energy Traders | -0.31% | |
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 | |
|---|---|---|---|---|---|
| NEOEN Neoen | €24.18 | 3.0% +€106.4m | -31.5% | PE23.2x |