Evolution AB (publ)'s (STO:EVO) Intrinsic Value Is Potentially 70% Above Its Share Price
May 13
Swedish (OMX) Consumer Discretionary Sector Analysis
UpdatedMay 17, 2024
DataAggregated Company Financials
Companies89
- 7D0.9%
- 3M4.0%
- 1Y0.6%
- YTD2.3%
Last week, the Consumer Discretionary industry hasn't moved much but H & M Hennes & Mauritz is up 4.6% in that time. Furthermore, the industry has been flat for the past year as well. As for the next few years, earnings are expected to grow by 22% per annum.
Sector Valuation and Performance
Has the Swedish Consumer Discretionary Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 17 May 2024 | kr963.1b | kr1.1t | kr37.9b | 19.3x | 25.4x | 0.9x |
| Sun, 14 Apr 2024 | kr971.8b | kr1.1t | kr39.0b | 19.8x | 24.9x | 0.9x |
| Tue, 12 Mar 2024 | kr910.8b | kr1.1t | kr37.1b | 18.2x | 24.5x | 0.8x |
| Thu, 08 Feb 2024 | kr891.7b | kr1.1t | kr38.8b | 18.7x | 23x | 0.8x |
| Sat, 06 Jan 2024 | kr917.0b | kr1.1t | kr37.9b | 18.2x | 24.2x | 0.8x |
| Mon, 04 Dec 2023 | kr910.7b | kr1.1t | kr37.8b | 17.1x | 24.1x | 0.8x |
| Wed, 01 Nov 2023 | kr852.3b | kr1.1t | kr40.8b | 15.6x | 20.9x | 0.8x |
| Fri, 29 Sep 2023 | kr891.5b | kr1.1t | kr37.0b | 14.2x | 24.1x | 0.8x |
| Sun, 27 Aug 2023 | kr931.1b | kr1.1t | kr34.7b | 15.1x | 26.8x | 0.8x |
| Tue, 25 Jul 2023 | kr1.0t | kr1.1t | kr33.7b | 16.2x | 30.7x | 0.9x |
| Thu, 22 Jun 2023 | kr1.2t | kr1.1t | kr41.2b | 15.7x | 28.5x | 1.1x |
| Sat, 20 May 2023 | kr1.2t | kr1.1t | kr40.8b | 15.8x | 28.8x | 1.1x |
| Mon, 17 Apr 2023 | kr976.4b | kr1.0t | kr42.2b | 17.6x | 23.1x | 0.9x |
| Wed, 15 Mar 2023 | kr921.8b | kr1.0t | kr42.2b | 15.9x | 21.9x | 0.9x |
| Fri, 10 Feb 2023 | kr979.9b | kr1.0t | kr42.4b | 15.7x | 23.1x | 1x |
| Sun, 08 Jan 2023 | kr902.7b | kr1.0t | kr51.8b | 14.2x | 17.4x | 0.9x |
| Tue, 06 Dec 2022 | kr905.8b | kr1.0t | kr51.6b | 14x | 17.5x | 0.9x |
| Thu, 03 Nov 2022 | kr840.6b | kr1.0t | kr51.6b | 12.1x | 16.3x | 0.8x |
| Sat, 01 Oct 2022 | kr770.8b | kr978.4b | kr55.5b | 10.8x | 13.9x | 0.8x |
| Mon, 29 Aug 2022 | kr853.5b | kr968.7b | kr59.8b | 12.8x | 14.3x | 0.9x |
| Wed, 27 Jul 2022 | kr941.1b | kr966.0b | kr59.7b | 14.1x | 15.8x | 1x |
| Fri, 24 Jun 2022 | kr946.7b | kr954.1b | kr53.1b | 14x | 17.8x | 1x |
| Sun, 22 May 2022 | kr1.0t | kr953.2b | kr52.8b | 16.7x | 19.3x | 1.1x |
| Tue, 19 Apr 2022 | kr1.0t | kr935.4b | kr54.8b | 17.5x | 18.5x | 1.1x |
| Thu, 17 Mar 2022 | kr1.0t | kr922.1b | kr53.0b | 19x | 19.6x | 1.1x |
| Sat, 12 Feb 2022 | kr1.2t | kr914.6b | kr55.2b | 22.2x | 21.2x | 1.3x |
| Mon, 10 Jan 2022 | kr1.3t | kr903.6b | kr53.1b | 19.2x | 24x | 1.4x |
| Wed, 08 Dec 2021 | kr1.2t | kr903.2b | kr53.1b | 21.1x | 22x | 1.3x |
| Fri, 05 Nov 2021 | kr1.2t | kr901.3b | kr53.3b | 21x | 22.7x | 1.3x |
| Sun, 03 Oct 2021 | kr1.1t | kr645.5b | kr40.0b | 18.5x | 28.8x | 1.8x |
| Tue, 31 Aug 2021 | kr1.2t | kr635.6b | kr39.5b | 18.5x | 29.8x | 1.8x |
| Wed, 07 Jul 2021 | kr1.2t | kr635.0b | kr39.4b | 18.4x | 30.2x | 1.9x |
Price to Earnings Ratio
37.6x
Current Industry PE
- Investors are relatively neutral on the Swedish 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 23.8x.
- The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.86x.
Past Earnings Growth
- The earnings for companies in the Consumer Discretionary industry have grown 4.5% per year over the last three years.
- Revenues for these companies have grown 22% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Swedish Consumer Discretionary sector?
| SE Market | 2.03% | |
| Consumer Discretionary | 0.93% | |
| Luxury | 6.41% | |
| Consumer Durables | 5.08% | |
| General Merchandise and Department Stores | 4.43% | |
| Specialty Stores | 4.08% | |
| Leisure | 3.53% | |
| Retail Distributors | 3.29% | |
| Online Retail and Ecommerce | 0% | |
| Auto Components | -0.27% | |
| Auto | -0.28% | |
| Consumer Services | -0.96% | |
| Hospitality | -3.28% | |
Industry PE
- Investors are most optimistic about the General Merchandise and Department Stores industry even though it's trading below its 3-year average PE ratio of 100x.
- Analysts are expecting annual earnings growth of 27.7%, which is higher than its past year's earnings growth of 21.2% per year.
Forecasted Growth
- Analysts are most optimistic on the Consumer Durables industry, expecting annual earnings growth of 77% over the next 5 years.
- This is better than its past earnings decline of 23% per year.
- In contrast, the Retail Distributors industry is expected to see its earnings grow by 8.7% 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 | |
|---|---|---|---|---|---|
| HM B H & M Hennes & Mauritz | kr175.35 | 2.8% +kr7.7b | 21.7% | PE30x | |
| NEWA B New Wave Group | kr110.60 | 5.1% +kr716.5m | 8.1% | PE14.4x | |
| JM JM | kr211.40 | 5.3% +kr683.8m | 50.6% | PE23.2x | |
| ELUX B AB Electrolux | kr103.05 | 2.0% +kr553.6m | -37.0% | PS0.2x | |
| MIPS Mips | kr414.60 | 5.2% +kr545.7m | -20.6% | PE177.1x |
