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Audax RenovablesXMAD:ADX -0.49%77 Forward PE Ratio is 11.11 as of Jul. 16, 2026. GuruFocus rates XMAD:ADX with a GF Score™ of 77/100 and a GF Value™ of €1.26 (Fairly Valued). The stock has 4 warning signs investors should review. Among 204 Utilities - Independent Power Producers companies, Audax Renovables ranks better than 68.63% on this metric.
Audax Renovables (XMAD:ADX) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Audax Renovables Forward PE Ratio Related Terms
Audax Renovables Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Audax Renovables's Forward PE Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Audax Renovables Forward PE Ratio Chart
Audax Renovables Annual Data
Trend
2024-12
2025-12
Forward PE Ratio
12.23
12.04
Audax Renovables Semi-Annual Data
2024-12
2025-06
2025-12
Forward PE Ratio
12.23
11.86
12.04
Audax Renovables Forward PE Ratio Competitor Comparison
For the Utilities - Renewable subindustry, Audax Renovables's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Audax Renovables Forward PE Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Audax Renovables's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Audax Renovables's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Audax Renovables (XMAD:ADX) has a Forward PE Ratio of 11.11 as of Jul. 16, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Audax Renovables and its competitors. According to the industry distribution chart, Audax Renovables ranks #64 out of 204 companies in the Utilities - Independent Power Producers industry, placing it in the top 31.4%.
Is Audax Renovables' Forward PE Ratio too high?
Audax Renovables' current Forward PE Ratio is 11.11. The Utilities - Independent Power Producers industry median Forward PE Ratio is 15.16. Audax Renovables' value of 11.11 is 26.7% below this industry median. Based on the distribution chart, Audax Renovables ranks #64 out of 204 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Audax Renovables has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Audax Renovables' Forward PE Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Audax Renovables ranks #64 out of 204 companies for Forward PE Ratio. This puts Audax Renovables in the upper half of its industry. The industry median Forward PE Ratio is 15.16. Audax Renovables' value of 11.11 is 26.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for an Utilities - Independent Power Producers company?
The median Forward PE Ratio among Utilities - Independent Power Producers companies is 15.16, based on 204 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Audax Renovables's current Forward PE Ratio of 11.11 is 26.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Audax Renovables and its competitors. For the Utilities - Independent Power Producers industry, the median Forward PE Ratio is 15.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Audax Renovables's current Forward PE Ratio is 11.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Audax Renovables stock overvalued right now?
Based on GuruFocus' analysis, Audax Renovables (XMAD:ADX) is currently considered Fairly Valued. The stock's GF Value™ is €1.26, compared to a current price of €1.22 — trading 3.5% below its estimated fair value. The current Forward PE Ratio is 11.11 and 26.7% below the Utilities - Independent Power Producers industry median of 15.16. Audax Renovables' overall GF Score™ is 77/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Audax Renovables (XMAD:ADX), the current Forward PE Ratio is 11.11 as of Jul. 16, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Audax Renovables (XMAD:ADX) Overvalued in 2026?
Based on GuruFocus' analysis, Audax Renovables stock appears to be undervalued.
The current stock price of €1.22 is trading 3.5% below its estimated GF Value™ of €1.26.
GuruFocus considers Audax Renovables to be Fairly Valued.
Key valuation signals for XMAD:ADX:
Forward PE Ratio: 11.11
GF Value™: €1.26 vs. price of €1.22 (3.5% below fair value)
Industry Position: 26.7% below the Utilities - Independent Power Producers median (#64 of 204)
No single metric tells the full story. See the XMAD:ADX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Audax Renovables SA is engaged in the development of renewable energy for generating electricity. The company is mainly focused on developing wind energy. The group's projects are located in Spain, France, Panama, Germany, and Poland. The majority of the revenue is generated from Spain and Portugal.
77GF Score
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