Has the Argentinian Financials Sector valuation changed over the past few years?
|Mon, 29 Nov 2021||AR$952.3b||AR$642.9b||AR$58.0b||15.3x|
|Wed, 27 Oct 2021||AR$1.1t||AR$616.8b||AR$62.3b||15.8x|
|Fri, 24 Sep 2021||AR$962.9b||AR$616.8b||AR$62.3b||15.4x|
|Sun, 22 Aug 2021||AR$809.2b||AR$631.6b||AR$65.4b||11.3x|
|Fri, 09 Jul 2021||AR$781.9b||AR$631.6b||AR$65.4b||10.9x|
|Thu, 01 Apr 2021||AR$620.4b||AR$624.9b||AR$80.0b||8.6x|
|Sun, 03 Jan 2021||AR$703.1b||AR$910.5b||AR$185.5b||7.9x|
|Wed, 07 Oct 2020||AR$607.1b||AR$1.0t||AR$188.1b||8.1x|
|Tue, 30 Jun 2020||AR$566.8b||AR$1.1t||AR$186.2b||5.5x|
|Fri, 03 Apr 2020||AR$344.7b||AR$1.0t||AR$189.0b||2.8x|
|Mon, 06 Jan 2020||AR$618.6b||AR$992.8b||AR$185.1b||5.7x|
|Thu, 10 Oct 2019||AR$418.2b||AR$924.0b||AR$153.4b||3.9x|
|Wed, 03 Jul 2019||AR$716.9b||AR$842.7b||AR$149.7b||8.3x|
|Sat, 06 Apr 2019||AR$549.0b||AR$646.4b||AR$140.1b||7.7x|
|Tue, 08 Jan 2019||AR$518.0b||AR$549.8b||AR$123.2b||6.6x|
Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 15.2x which is higher than its 3-year average PE of 7.8x. It appears they are confident that earnings will grow faster in the future than they have historically.
Past Earnings Growth: The earnings for companies in the Financials industry have declined 26% per year over the last three years, while revenues for these companies have grown 7.5% 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.
Which industries have driven the changes within the Argentinian Financials sector?
Industry PE: Investors are most optimistic about the Capital Markets industry which is trading above its 3-year average PE ratio of 9.5x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Banks industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 9.2x.
Forecasted Growth: Analysts are most optimistic on the Banks industry, expecting annual earnings growth of 26% over the next 5 years. This is better than its past earnings decline of 42% per year.
Banco BBVA Argentina
Grupo Financiero Galicia
Bolsas y Mercados Argentinos
Banco Santander Río
Grupo Financiero Valores