Vienna Insurance Group AG's (VIE:VIG) Subdued P/E Might Signal An Opportunity
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Austrian (ATX) Financials Sector Analysis
UpdatedDec 25, 2024
DataAggregated Company Financials
Companies13
- 7D0.7%
- 3M13.1%
- 1Y35.9%
- YTD34.8%
Last week, the Financials industry hasn't moved much but UNIQA Insurance Group is up 3.9% in that time. As for the the longer term, the industry is up 36% over the past 12 months. Earnings are forecast to be flat in the coming years.
Sector Valuation and Performance
Has the Austrian Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 25 Dec 2024 | €50.8b | €41.3b | €7.7b | 7.5x | 6.6x | 1.2x |
| Fri, 22 Nov 2024 | €46.8b | €41.1b | €7.7b | 6.8x | 6.1x | 1.1x |
| Sun, 20 Oct 2024 | €46.4b | €41.1b | €7.8b | 7x | 6x | 1.1x |
| Tue, 17 Sep 2024 | €44.8b | €41.1b | €7.8b | 6.5x | 5.8x | 1.1x |
| Thu, 15 Aug 2024 | €44.0b | €40.2b | €7.7b | 7.5x | 5.7x | 1.1x |
| Sat, 13 Jul 2024 | €44.0b | €40.1b | €7.7b | 7.6x | 5.7x | 1.1x |
| Mon, 10 Jun 2024 | €42.5b | €40.1b | €7.7b | 7.4x | 5.5x | 1.1x |
| Wed, 08 May 2024 | €42.9b | €40.1b | €7.7b | 7.4x | 5.6x | 1.1x |
| Fri, 05 Apr 2024 | €42.0b | €44.0b | €7.6b | 6.4x | 5.5x | 1x |
| Sun, 03 Mar 2024 | €40.0b | €45.1b | €7.8b | 6.2x | 5.1x | 0.9x |
| Tue, 30 Jan 2024 | €39.9b | €45.6b | €8.1b | 6x | 4.9x | 0.9x |
| Thu, 28 Dec 2023 | €38.0b | €45.6b | €8.1b | 5.7x | 4.7x | 0.8x |
| Sat, 25 Nov 2023 | €36.5b | €45.3b | €8.0b | 6.4x | 4.6x | 0.8x |
| Mon, 23 Oct 2023 | €33.7b | €44.8b | €7.9b | 5.5x | 4.3x | 0.8x |
| Wed, 20 Sep 2023 | €34.0b | €44.5b | €7.6b | 6.3x | 4.5x | 0.8x |
| Fri, 18 Aug 2023 | €34.0b | €40.8b | €7.2b | 7.2x | 4.7x | 0.8x |
| Sun, 16 Jul 2023 | €33.8b | €40.1b | €7.2b | 6.6x | 4.7x | 0.8x |
| Tue, 13 Jun 2023 | €33.2b | €40.1b | €7.2b | 6.7x | 4.6x | 0.8x |
| Thu, 11 May 2023 | €33.7b | €39.9b | €7.1b | 9.7x | 4.7x | 0.8x |
| Sat, 08 Apr 2023 | €33.1b | €38.0b | €6.7b | 9.7x | 4.9x | 0.9x |
| Mon, 06 Mar 2023 | €37.2b | €37.6b | €6.7b | 9.7x | 5.6x | 1x |
| Wed, 01 Feb 2023 | €35.6b | €36.7b | €5.9b | 9.7x | 6.1x | 1x |
| Fri, 30 Dec 2022 | €32.0b | €36.9b | €5.9b | 9.3x | 5.5x | 0.9x |
| Sun, 27 Nov 2022 | €32.2b | €36.4b | €5.9b | 9.1x | 5.4x | 0.9x |
| Tue, 25 Oct 2022 | €28.7b | €35.3b | €5.3b | 9.3x | 5.4x | 0.8x |
| Thu, 22 Sep 2022 | €29.1b | €35.5b | €5.5b | 8.4x | 5.3x | 0.8x |
| Sat, 20 Aug 2022 | €28.5b | €35.2b | €5.5b | 8x | 5.2x | 0.8x |
| Mon, 18 Jul 2022 | €26.9b | €34.2b | €4.9b | 7.2x | 5.5x | 0.8x |
| Wed, 15 Jun 2022 | €28.8b | €34.2b | €4.9b | 7.8x | 5.9x | 0.8x |
| Fri, 13 May 2022 | €29.8b | €34.0b | €4.9b | 7.9x | 6.1x | 0.9x |
| Sun, 10 Apr 2022 | €31.3b | €32.5b | €4.5b | 8x | 6.9x | 1x |
| Tue, 08 Mar 2022 | €27.3b | €32.4b | €4.6b | 8x | 5.9x | 0.8x |
| Thu, 03 Feb 2022 | €42.1b | €32.1b | €3.9b | 12.4x | 10.7x | 1.3x |
| Sat, 01 Jan 2022 | €41.1b | €32.1b | €3.9b | 12.3x | 10.5x | 1.3x |
Price to Earnings Ratio
10.5x
Current Industry PE
- Investors are optimistic on the Austrian Financials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 6.6x which is higher than its 3-year average PE of 5.7x.
- The 3-year average PS ratio of 0.94x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 25% per year over the last three years.
- Revenues for these companies have grown 8.8% 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 Austrian Financials sector?
| AT Market | 0.72% | |
| Financials | 0.70% | |
| Insurance | 1.98% | |
| Banks | 0.53% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Diversified Financial | 0% | |
| Consumer Finance | 0% | |
| Capital Markets | -8.08% | |
Industry PE
- Investors are most optimistic about the Insurance industry, which is trading close to its 3-year average PE ratio of 7.0x.
- Analysts are expecting annual earnings growth of 7.7%, which is higher than its past year's earnings decline of 17.4% per year.
Forecasted Growth
- Analysts are most optimistic on the Insurance industry, expecting annual earnings growth of 7.7% over the next 5 years.
- This is better than its past earnings decline of 17% per year.
- In contrast, the Banks 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 | |
|---|---|---|---|---|---|
| EBS Erste Group Bank | €59.12 | 1.2% +€274.3m | 63.0% | PB1.1x | |
| UQA UNIQA Insurance Group | €7.77 | 3.3% +€76.7m | 5.7% | PE7.5x | |
| VIG Vienna Insurance Group | €30.20 | 1.2% +€44.8m | 14.8% | PE6.9x | |
| BG BAWAG Group | €79.65 | 0.6% +€35.3m | 68.0% | PB1.4x | |
| BKS BKS Bank | €15.20 | 2.0% +€13.7m | -6.2% | PB0.4x |