Broker Revenue Forecasts For BAWAG Group AG (VIE:BG) Are Surging Higher
Nov 06
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Austrian (ATX) Banks Industry Analysis
UpdatedNov 24, 2024
DataAggregated Company Financials
Companies7
- 7D-0.5%
- 3M5.2%
- 1Y33.8%
- YTD27.1%
In the last week, Banks has been flat. The past year has been better, since the industry has gained 34% in that time. As for the next few years, earnings are forecast to decline by 1.8% per annum.
Industry Valuation and Performance
Has the Austrian Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 25 Nov 2024 | €40.7b | €22.5b | €6.8b | 7.8x | 6x | 1.8x |
| Wed, 23 Oct 2024 | €39.7b | €22.5b | €6.9b | 8.1x | 5.8x | 1.8x |
| Fri, 20 Sep 2024 | €39.3b | €22.5b | €6.9b | 6.7x | 5.7x | 1.7x |
| Sun, 18 Aug 2024 | €38.1b | €22.5b | €6.8b | 7.8x | 5.6x | 1.7x |
| Tue, 16 Jul 2024 | €37.5b | €22.4b | €6.8b | 7.5x | 5.5x | 1.7x |
| Thu, 13 Jun 2024 | €35.5b | €22.4b | €6.8b | 6.8x | 5.2x | 1.6x |
| Sat, 11 May 2024 | €36.6b | €22.4b | €6.9b | 6.7x | 5.3x | 1.6x |
| Mon, 08 Apr 2024 | €35.6b | €22.2b | €6.6b | 7x | 5.4x | 1.6x |
| Wed, 06 Mar 2024 | €34.1b | €22.4b | €6.8b | 6.2x | 5x | 1.5x |
| Fri, 02 Feb 2024 | €33.8b | €22.5b | €7.0b | 6.2x | 4.8x | 1.5x |
| Sun, 31 Dec 2023 | €32.1b | €22.5b | €7.0b | 5.9x | 4.6x | 1.4x |
| Tue, 28 Nov 2023 | €30.5b | €22.3b | €6.9b | 5.8x | 4.4x | 1.4x |
| Thu, 26 Oct 2023 | €28.2b | €21.8b | €6.8b | 5.8x | 4.2x | 1.3x |
| Sat, 23 Sep 2023 | €28.1b | €21.5b | €6.5b | 6.9x | 4.3x | 1.3x |
| Mon, 21 Aug 2023 | €28.1b | €21.4b | €6.4b | 7.4x | 4.4x | 1.3x |
| Wed, 19 Jul 2023 | €28.5b | €20.6b | €6.4b | 7.4x | 4.4x | 1.4x |
| Fri, 16 Jun 2023 | €27.6b | €20.6b | €6.4b | 7.5x | 4.3x | 1.3x |
| Sun, 14 May 2023 | €27.3b | €20.4b | €6.3b | 9.7x | 4.4x | 1.3x |
| Tue, 11 Apr 2023 | €27.2b | €19.2b | €5.9b | 10.1x | 4.6x | 1.4x |
| Thu, 09 Mar 2023 | €31.2b | €19.1b | €5.9b | 10.6x | 5.3x | 1.6x |
| Sat, 04 Feb 2023 | €29.7b | €18.7b | €5.8b | 10x | 5.1x | 1.6x |
| Mon, 02 Jan 2023 | €26.8b | €17.7b | €5.2b | 9.9x | 5.2x | 1.5x |
| Wed, 30 Nov 2022 | €26.8b | €17.8b | €5.3b | 9.2x | 5.1x | 1.5x |
| Fri, 28 Oct 2022 | €24.3b | €16.6b | €4.6b | 9.9x | 5.3x | 1.5x |
| Sun, 25 Sep 2022 | €23.1b | €16.9b | €4.8b | 8.9x | 4.8x | 1.4x |
| Tue, 23 Aug 2022 | €22.7b | €16.9b | €4.8b | 8.1x | 4.7x | 1.3x |
| Thu, 21 Jul 2022 | €22.5b | €15.8b | €4.2b | 7.8x | 5.4x | 1.4x |
| Sat, 18 Jun 2022 | €23.6b | €15.8b | €4.2b | 8.2x | 5.6x | 1.5x |
| Mon, 16 May 2022 | €24.6b | €15.9b | €4.2b | 8.1x | 5.9x | 1.6x |
| Wed, 13 Apr 2022 | €25.7b | €15.2b | €3.8b | 8.7x | 6.7x | 1.7x |
| Fri, 11 Mar 2022 | €24.9b | €15.2b | €4.0b | 8.9x | 6.2x | 1.6x |
| Sun, 06 Feb 2022 | €35.9b | €14.7b | €3.5b | 11.9x | 10.4x | 2.4x |
| Tue, 04 Jan 2022 | €35.3b | €14.7b | €3.5b | 12.4x | 10.2x | 2.4x |
| Thu, 02 Dec 2021 | €34.3b | €14.7b | €3.4b | 11.4x | 10x | 2.3x |
Price to Earnings Ratio
10x
Current Industry PE
- Investors are relatively neutral on the Austrian Banks industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 5.6x.
- The 3-year average PS ratio of 1.6x is lower than the industry's current PS ratio of 1.8x.
Past Earnings Growth
- The earnings for companies in the Banks industry have grown 26% per year over the last three years.
- Revenues for these companies have grown 15% 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 industry?
| AT Market | -0.34% | |
| Financials | -0.33% | |
| Banks | -0.47% | |
| Regional Banks | 0% | |
| Diversified Banks | -0.47% | |
Industry PE
- Investors are most optimistic about the Diversified Banks industry, which is trading close to its 3-year average PE ratio of 5.6x.
- Analysts are expecting annual earnings decline of 1.8%, which is lower than the prior year's growth of 13.9% per year.
- Investors are most pessimistic about the Diversified Banks industry, which is trading close to its 3-year average of 5.6x.
Forecasted Growth
- Despite it being negative, analysts are least pessimistic on the Diversified Banks industry since they expect its earnings to decline by only 1.8% per year over the next 5 years, which isn't as bad as the other industries.
- This is a reversal from its past annual earnings growth rate of 14% per year.
- In contrast, the Diversified 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 | |
|---|---|---|---|---|---|
| BG BAWAG Group | €73.45 | 1.2% +€70.7m | 54.1% | PB1.3x | |
| RBI Raiffeisen Bank International | €17.85 | 0.7% +€42.7m | 17.7% | PB0.3x | |
| BTS Bank für Tirol und Vorarlberg | €55.50 | 0.9% +€18.6m | 23.9% | PB0.9x |