The Arezzo Indústria e Comércio S.A. (BVMF:ARZZ3) First-Quarter Results Are Out And Analysts Have Published New Forecasts
May 11
Brazilian (BOVESPA) Consumer Discretionary Sector Analysis
UpdatedMay 20, 2024
DataAggregated Company Financials
Companies61
- 7D-0.3%
- 3M-8.7%
- 1Y-8.4%
- YTD-13.7%
Last week, the Consumer Discretionary industry hasn't moved much but Grendene is up 8.1% in that time. As for the longer term, the industry has declined 8.4% in the last year. As for the next few years, earnings are expected to grow by 29% per annum.
Sector Valuation and Performance
Has the Brazilian Consumer Discretionary Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 20 May 2024 | R$210.6b | R$606.9b | R$6.0b | 11.4x | 34.9x | 0.3x |
| Wed, 17 Apr 2024 | R$179.4b | R$384.5b | R$3.0b | 11.3x | 60.4x | 0.5x |
| Fri, 15 Mar 2024 | R$203.7b | R$385.8b | R$6.8b | 12.5x | 30.1x | 0.5x |
| Sun, 11 Feb 2024 | R$189.8b | R$386.0b | R$3.7b | 12.7x | 51.2x | 0.5x |
| Tue, 09 Jan 2024 | R$196.3b | R$386.1b | R$5.3b | 12.4x | 37x | 0.5x |
| Thu, 07 Dec 2023 | R$193.2b | R$386.1b | R$5.3b | 11.5x | 36.3x | 0.5x |
| Sat, 04 Nov 2023 | R$173.2b | R$421.6b | R$4.2b | 10x | 41.7x | 0.4x |
| Mon, 02 Oct 2023 | R$181.9b | R$422.0b | R$4.4b | 10.4x | 41.6x | 0.4x |
| Wed, 30 Aug 2023 | R$201.5b | R$422.2b | R$4.4b | 11.2x | 45.6x | 0.5x |
| Fri, 28 Jul 2023 | R$210.5b | R$429.7b | R$4.9b | 13.3x | 43.2x | 0.5x |
| Sun, 25 Jun 2023 | R$211.7b | R$429.6b | R$4.9b | 13x | 43.4x | 0.5x |
| Tue, 23 May 2023 | R$186.5b | R$429.5b | R$4.8b | 11.5x | 38.5x | 0.4x |
| Thu, 20 Apr 2023 | R$155.9b | R$425.4b | R$5.7b | 10.3x | 27.5x | 0.4x |
| Sat, 18 Mar 2023 | R$169.7b | R$417.2b | R$5.3b | 11.3x | 31.7x | 0.4x |
| Mon, 13 Feb 2023 | R$178.3b | R$421.9b | R$6.7b | 9.1x | 26.7x | 0.4x |
| Wed, 11 Jan 2023 | R$189.9b | R$422.0b | R$6.8b | 10x | 27.8x | 0.5x |
| Fri, 09 Dec 2022 | R$184.8b | R$422.0b | R$7.0b | 9.3x | 26.5x | 0.4x |
| Sun, 06 Nov 2022 | R$256.2b | R$403.2b | R$9.3b | 11.2x | 27.4x | 0.6x |
| Tue, 04 Oct 2022 | R$259.4b | R$403.1b | R$9.7b | 10.5x | 26.8x | 0.6x |
| Thu, 01 Sep 2022 | R$238.4b | R$403.2b | R$9.9b | 9.9x | 24.2x | 0.6x |
| Sat, 30 Jul 2022 | R$204.0b | R$376.4b | R$10.6b | 8x | 19.3x | 0.5x |
| Mon, 27 Jun 2022 | R$195.6b | R$376.2b | R$10.6b | 8.1x | 18.5x | 0.5x |
| Wed, 25 May 2022 | R$236.7b | R$374.6b | R$10.8b | 9.3x | 22x | 0.6x |
| Fri, 22 Apr 2022 | R$273.5b | R$352.5b | R$11.1b | 10.6x | 24.7x | 0.8x |
| Sun, 20 Mar 2022 | R$273.8b | R$333.6b | R$11.2b | 9x | 24.5x | 0.8x |
| Tue, 15 Feb 2022 | R$304.5b | R$353.8b | R$12.5b | 11.3x | 24.4x | 0.9x |
| Thu, 13 Jan 2022 | R$286.2b | R$354.0b | R$12.3b | 10.3x | 23.3x | 0.8x |
| Sat, 11 Dec 2021 | R$321.0b | R$353.9b | R$12.3b | 12.1x | 26.1x | 0.9x |
| Mon, 08 Nov 2021 | R$381.8b | R$329.5b | R$10.9b | 12.2x | 35x | 1.2x |
| Wed, 06 Oct 2021 | R$399.1b | R$327.3b | R$10.6b | 12.4x | 37.6x | 1.2x |
| Fri, 03 Sep 2021 | R$471.1b | R$327.1b | R$10.6b | 13.1x | 44.5x | 1.4x |
| Sun, 01 Aug 2021 | R$512.5b | R$327.1b | R$10.6b | 16.8x | 48.4x | 1.6x |
Price to Earnings Ratio
70.3x
Current Industry PE
- Investors are relatively neutral on the Brazilian Consumer Discretionary industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 34.6x.
- The industry is trading close to its 3-year average PS ratio of 0.70x.
Past Earnings Growth
- The earnings for companies in the Consumer Discretionary industry have declined 6.0% per year over the last three years.
- Meanwhile revenues for these companies have grown 28% 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 Consumer Discretionary sector?
| BR Market | 0.32% | |
| Consumer Discretionary | -0.31% | |
| General Merchandise and Department Stores | 2.99% | |
| Leisure | 1.65% | |
| Luxury | 0.92% | |
| Auto Components | 0.62% | |
| Consumer Durables | 0.30% | |
| Auto | 0% | |
| Retail Distributors | 0% | |
| Online Retail and Ecommerce | 0% | |
| Hospitality | -0.83% | |
| Specialty Stores | -0.86% | |
| Consumer Services | -5.45% | |
Industry PE
- Investors are most optimistic about the Hospitality industry even though it's trading below its 3-year average PE ratio of 361x.
- Analysts are expecting annual earnings growth of 23.0%, which is lower than the prior year's growth of 588.6% per year.
Forecasted Growth
- Analysts are most optimistic on the General Merchandise and Department Stores industry, expecting annual earnings growth of 71% over the next 5 years.
- This is better than its past earnings decline of 15% per year.
- In contrast, the Auto Components industry is expected to see its earnings decline by 2.9% per year 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 | |
|---|---|---|---|---|---|
| GRND3 Grendene | R$6.44 | 8.1% +R$433.0m | -10.6% | PE10.1x | |
| MGLU3 Magazine Luiza | R$1.59 | 3.2% +R$366.8m | -56.3% | PS0.3x | |
| SOMA3 Grupo de Moda Soma | R$5.85 | 3.9% +R$172.6m | -42.3% | PS0.9x | |
| ANIM3 Ânima Holding | R$3.98 | 12.1% +R$162.3m | 44.7% | PS0.4x | |
| MRVE3 MRV Engenharia e Participações | R$7.28 | 3.7% +R$146.3m | -25.9% | PS0.6x |
