Is Philip Morris CR a.s. (SEP:TABAK) Trading At A 31% Discount?
May 10
Czech (PX) Market Analysis & Valuation
UpdatedJun 03, 2024
DataAggregated Company Financials
Companies26
- 7D1.3%
- 3M9.8%
- 1Y-2.4%
- YTD0.4%
The market has climbed 1.3% in the last 7 days, lead by the Utilities sector with a gain of 1.9%. The market has been flat overall in the last year. Looking forward, earnings are expected to remain mostly flat in the next few years.
Market Valuation and Performance
Has the Czech Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 03 Jun 2024 | Kč801.0b | Kč431.7b | Kč59.0b | 13.4x | 13.6x | 1.9x |
| Wed, 01 May 2024 | Kč775.4b | Kč439.1b | Kč57.3b | 13.4x | 13.5x | 1.8x |
| Fri, 29 Mar 2024 | Kč756.4b | Kč438.3b | Kč57.3b | 13x | 13.2x | 1.7x |
| Sun, 25 Feb 2024 | Kč758.7b | Kč421.0b | Kč86.3b | 11.3x | 8.8x | 1.8x |
| Tue, 23 Jan 2024 | Kč768.1b | Kč422.6b | Kč87.4b | 11.5x | 8.8x | 1.8x |
| Thu, 21 Dec 2023 | Kč788.1b | Kč420.1b | Kč87.5b | 11.2x | 9x | 1.9x |
| Sat, 18 Nov 2023 | Kč798.7b | Kč420.0b | Kč87.0b | 11.2x | 9.2x | 1.9x |
| Mon, 16 Oct 2023 | Kč800.6b | Kč423.7b | Kč98.3b | 11.8x | 8.1x | 1.9x |
| Wed, 13 Sep 2023 | Kč767.8b | Kč423.4b | Kč98.3b | 21.7x | 7.8x | 1.8x |
| Fri, 11 Aug 2023 | Kč789.6b | Kč400.4b | Kč93.7b | 15.1x | 8.4x | 2x |
| Sun, 09 Jul 2023 | Kč746.3b | Kč399.5b | Kč94.2b | 10.7x | 7.9x | 1.9x |
| Tue, 06 Jun 2023 | Kč815.4b | Kč400.5b | Kč94.2b | 10.4x | 8.7x | 2x |
| Thu, 04 May 2023 | Kč893.5b | Kč382.6b | Kč110.0b | 10.3x | 8.1x | 2.3x |
| Sat, 01 Apr 2023 | Kč837.8b | Kč379.9b | Kč109.2b | 12.1x | 7.7x | 2.2x |
| Mon, 27 Feb 2023 | Kč825.9b | Kč373.4b | Kč83.9b | 10.5x | 9.8x | 2.2x |
| Wed, 25 Jan 2023 | Kč717.2b | Kč372.4b | Kč83.5b | 10.5x | 8.6x | 1.9x |
| Fri, 23 Dec 2022 | Kč656.1b | Kč372.3b | Kč83.4b | 12.7x | 7.9x | 1.8x |
| Sun, 20 Nov 2022 | Kč705.4b | Kč371.8b | Kč83.6b | 11.7x | 8.4x | 1.9x |
| Tue, 18 Oct 2022 | Kč661.0b | Kč337.5b | Kč69.0b | 11.5x | 9.6x | 2x |
| Thu, 15 Sep 2022 | Kč781.7b | Kč335.6b | Kč68.6b | 14.9x | 11.4x | 2.3x |
| Sat, 13 Aug 2022 | Kč838.0b | Kč330.8b | Kč68.6b | 15.4x | 12.2x | 2.5x |
| Mon, 11 Jul 2022 | Kč794.2b | Kč325.2b | Kč52.2b | 16.8x | 15.2x | 2.4x |
| Wed, 08 Jun 2022 | Kč893.7b | Kč323.7b | Kč51.9b | 19.7x | 17.2x | 2.8x |
| Fri, 06 May 2022 | Kč816.0b | Kč304.3b | Kč32.1b | 21.2x | 25.5x | 2.7x |
| Sun, 03 Apr 2022 | Kč886.5b | Kč344.3b | Kč37.6b | 16.9x | 23.6x | 2.6x |
| Tue, 01 Mar 2022 | Kč836.4b | Kč328.7b | Kč26.8b | 16.4x | 31.2x | 2.5x |
| Thu, 27 Jan 2022 | Kč828.1b | Kč324.9b | Kč24.3b | 16.3x | 34x | 2.5x |
| Sat, 25 Dec 2021 | Kč834.4b | Kč326.0b | Kč24.6b | 15.9x | 34x | 2.6x |
| Mon, 22 Nov 2021 | Kč767.3b | Kč324.6b | Kč24.1b | 16x | 31.8x | 2.4x |
| Wed, 20 Oct 2021 | Kč774.5b | Kč322.0b | Kč15.3b | 17.4x | 50.6x | 2.4x |
| Fri, 17 Sep 2021 | Kč743.5b | Kč321.4b | Kč15.4b | 16x | 48.2x | 2.3x |
| Sun, 15 Aug 2021 | Kč697.1b | Kč321.4b | Kč15.4b | 15.9x | 45.3x | 2.2x |
| Thu, 10 Jun 2021 | Kč681.1b | Kč318.3b | Kč20.8b | 16.1x | 32.8x | 2.1x |
Price to Earnings Ratio
32.8x
Current Market PE
- Investors are pessimistic on the Czech market, indicating that they anticipate earnings will not grow as fast as they have historically.
- The market is trading at a PE ratio of 13.6x which is lower than its 3-year average PE of 18.2x.
Past Earnings Growth
- The earnings for Czech listed companies have grown 42% per year over the last three years.
- Revenues for these companies have grown 11% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Sector Trends
Which sectors have driven the changes within the Czech Market?
| CZ Market | 1.28% | |
| Utilities | 1.87% | |
| Consumer Discretionary | 1.34% | |
| Consumer Staples | 0.87% | |
| Industrials | 0.36% | |
| Financials | 0.087% | |
| Energy | 0% | |
| Real Estate | 0% | |
| Materials | 0% | |
| Healthcare | 0% | |
| Telecom | 0% | |
| Tech | -1.19% | |
Sector PE
- Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 25.9x.
- It looks like investors are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Financials sector, expecting annual earnings growth of 3.6% over the next 5 years.
- This is better than its past earnings decline of 9.9% per year.
- In contrast, the Utilities industry is expected to see its earnings growth to stay flat 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 | Sector | |
|---|---|---|---|---|---|---|
| CEZ CEZ a. s | Kč948.50 | 1.4% +Kč7.0b | -7.9% | PE15.8x | Utilities | |
| MONET MONETA Money Bank | Kč99.60 | 2.7% +Kč1.3b | 25.0% | PB1.5x | Financials | |
| KOFOL Kofola CeskoSlovensko | Kč297.00 | 4.2% +Kč254.8m | 20.7% | PE17.3x | Consumer Staples | |
| TABAK Philip Morris CR | Kč14.96k | 0.4% +Kč164.7m | -10.8% | PE12.3x | Consumer Staples | |
| TOMA TOMA | Kč1.38k | 6.2% +Kč106.6m | n/a | PE26.3x | Industrials |
