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Austrian (ATX) Financials Sector Analysis

UpdatedNov 28, 2021
DataAggregated Company Financials
Companies13
  • 7D-2.1%
  • 3M9.7%
  • 1Y37.7%
  • YTD36.7%

Over the last 7 days, the Financials industry has dropped 3.5%, driven by pullbacks in Raiffeisen Bank International and Erste Group Bank of 6.0% and 3.0%, respectively. This takes the industry's 12 month performance to a gain of 44%.

Sector Valuation and Performance

Has the Austrian Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Mon, 29 Nov 2021€39.0b€32.1b€3.9b11x
Wed, 27 Oct 2021€39.7b€31.1b€3.4b12.5x
Fri, 24 Sep 2021€38.1b€31.1b€3.4b12.4x
Sun, 22 Aug 2021€35.2b€31.1b€3.4b11.6x
Fri, 09 Jul 2021€32.9b€31.1b€3.4b11.1x
Thu, 01 Apr 2021€31.4b€29.6b€2.6b12.7x
Sun, 03 Jan 2021€28.2b€29.1b€2.2b13.8x
Wed, 07 Oct 2020€23.1b€30.2b€2.5b9.2x
Tue, 30 Jun 2020€25.6b€30.6b€2.9b10.8x
Fri, 03 Apr 2020€22.6b€31.7b€3.5b8.7x
Mon, 06 Jan 2020€36.2b€32.0b€3.9b9x
Thu, 10 Oct 2019€34.1b€31.3b€4.1b8.3x
Wed, 03 Jul 2019€34.3b€30.7b€4.1b8.3x
Sat, 06 Apr 2019€34.4b€30.3b€4.1b8.6x
Tue, 08 Jan 2019€32.4b€30.0b€4.3b8.5x
PE Ratio

8.5x

Total Market Cap: €36.8bTotal Earnings: €4.2bTotal Revenue: €29.6b0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 10.2x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Financials industry have declined 2.3% per year over the last three years, while revenues for these companies have grown 2.7% 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.

Industry Trends

Which industries have driven the changes within the Austrian Financials sector?

Capital Markets0.89%
Banks-1.79%
Insurance-4.38%

Industry PE: Investors are most optimistic about the Insurance industry even though it's trading below its 3-year average PE ratio of 17.1x. However analysts are expecting annual earnings growth of 11%, which is lower than the prior year's growth of 30% per year. So the market might believe that analysts are underestimating future growth. 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 9.5x.

Forecasted Growth: Analysts are most optimistic on the Insurance industry, expecting annual earnings growth of 11% over the next 5 years. However this is lower than its past earnings growth rate of 30% per year. Meanwhile, 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?

Company7D1YValuation
BKS BKS Bank1.4%+€8.4m8.3%PB0.4x
WPB Wiener Privatbank7.8%+€2.0m-1.8%PS2.7x
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Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

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S300

€2.50

startup300

7D

-7.4%

1Y

-30.6%