Market Might Still Lack Some Conviction On Online Brands Nordic AB (publ) (STO:OBAB) Even After 28% Share Price Boost
Apr 27
Swedish (OMX) General Merchandise and Department Stores Industry Analysis
UpdatedMay 16, 2024
DataAggregated Company Financials
Companies5
- 7D3.1%
- 3M7.9%
- 1Y12.7%
- YTD6.5%
The General Merchandise and Department Stores industry is up 3.1% in the last week, with Rusta up 6.1%. Meanwhile, Online Brands Nordic actually underperformed within the industry, shrinking 21% in the last week. This means that the industry has gained 13% over the past year. Earnings are forecast to grow by 28% annually.
Industry Valuation and Performance
Has the Swedish General Merchandise and Department Stores Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 16 May 2024 | kr22.5b | kr19.7b | kr541.5m | 33.3x | 41.5x | 1.1x |
| Sat, 13 Apr 2024 | kr22.5b | kr19.6b | kr556.6m | 32.8x | 40.3x | 1.1x |
| Mon, 11 Mar 2024 | kr20.3b | kr19.4b | kr514.6m | 31.2x | 39.4x | 1x |
| Wed, 07 Feb 2024 | kr20.5b | kr18.5b | kr446.9m | 33.3x | 45.9x | 1.1x |
| Fri, 05 Jan 2024 | kr22.3b | kr18.5b | kr446.9m | 36.5x | 49.9x | 1.2x |
| Sun, 03 Dec 2023 | kr17.8b | kr18.2b | kr392.1m | 32x | 45.4x | 1x |
| Tue, 31 Oct 2023 | kr13.4b | kr17.9b | kr387.5m | 23.4x | 34.7x | 0.7x |
| Thu, 28 Sep 2023 | kr7.6b | kr7.5b | kr79.0m | 28.6x | 95.9x | 1x |
| Sat, 26 Aug 2023 | kr8.6b | kr7.5b | kr79.0m | 32.3x | 109x | 1.2x |
| Mon, 24 Jul 2023 | kr9.5b | kr7.4b | kr59.1m | 41.1x | 160.8x | 1.3x |
| Wed, 21 Jun 2023 | kr9.2b | kr7.3b | kr67.3m | 39.9x | 137.2x | 1.3x |
| Fri, 19 May 2023 | kr9.2b | kr7.3b | kr67.3m | 39x | 137x | 1.3x |
| Sun, 16 Apr 2023 | kr10.2b | kr7.2b | kr36.2m | 47.1x | 281.8x | 1.4x |
Price to Earnings Ratio
243.8x
Current Industry PE
- Investors are pessimistic on the Swedish Multiline Retail 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 41.5x which is lower than its 3-year average PE of 100x.
- The industry is trading close to its 3-year average PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Multiline Retail industry have grown 146% per year over the last three years.
- Revenues for these companies have grown 40% 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 industry?
| SE Market | 2.51% | |
| Consumer Discretionary | 1.48% | |
| General Merchandise and Department Stores | 3.12% | |
| Broadline Retail | 3.12% | |
| Department Stores | 0% | |
| General Merchandise Stores | 0% | |
Industry PE
- Investors are most optimistic about the Broadline Retail 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.
- Investors are most pessimistic about the Broadline Retail industry, which is trading below its 3-year average of 100x.
Forecasted Growth
- Analysts are most optimistic on the Broadline Retail industry, expecting annual earnings growth of 28% over the next 5 years.
- This is better than its past earnings growth rate of 21% per year.
- In contrast, the Broadline Retail industry is expected to see its earnings grow by 28% 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 | |
|---|---|---|---|---|---|
| RUSTA Rusta | kr79.65 | 6.1% +kr689.4m | n/a | PE30x | |
| BOOZT Boozt | kr133.40 | 1.0% +kr85.4m | 19.1% | PE36.5x |
