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Austrian (ATX) Banks Industry Analysis
UpdatedDec 25, 2024
DataAggregated Company Financials
Companies7
- 7D0.5%
- 3M14.7%
- 1Y40.2%
- YTD39.1%
In the last week, the Banks industry is flat overall, with Raiffeisen Bank International standing out by going down 3.9%. As for the the longer term, the industry is up 40% over the past 12 months. In the next few years, earnings are forecast to decline by 1.5% annually.
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 |
|---|---|---|---|---|---|---|
| Wed, 25 Dec 2024 | €44.5b | €22.6b | €6.8b | 7.7x | 6.5x | 2x |
| Fri, 22 Nov 2024 | €40.8b | €22.5b | €6.8b | 7.8x | 6x | 1.8x |
| Sun, 20 Oct 2024 | €40.1b | €22.5b | €6.9b | 7.8x | 5.8x | 1.8x |
| Tue, 17 Sep 2024 | €38.5b | €22.5b | €6.9b | 6.5x | 5.6x | 1.7x |
| Thu, 15 Aug 2024 | €37.7b | €22.5b | €6.8b | 7.7x | 5.5x | 1.7x |
| Sat, 13 Jul 2024 | €37.5b | €22.4b | €6.8b | 7.6x | 5.5x | 1.7x |
| Mon, 10 Jun 2024 | €36.1b | €22.4b | €6.8b | 6.9x | 5.3x | 1.6x |
| Wed, 08 May 2024 | €36.6b | €22.4b | €6.8b | 6.8x | 5.3x | 1.6x |
| Fri, 05 Apr 2024 | €35.8b | €22.2b | €6.6b | 7x | 5.5x | 1.6x |
| Sun, 03 Mar 2024 | €34.1b | €22.4b | €6.8b | 6.1x | 5x | 1.5x |
| Tue, 30 Jan 2024 | €33.9b | €22.5b | €7.0b | 6x | 4.8x | 1.5x |
| Thu, 28 Dec 2023 | €32.1b | €22.5b | €7.0b | 5.9x | 4.6x | 1.4x |
| Sat, 25 Nov 2023 | €30.6b | €22.3b | €6.9b | 6.4x | 4.5x | 1.4x |
| Mon, 23 Oct 2023 | €28.1b | €21.8b | €6.8b | 5.9x | 4.2x | 1.3x |
| Wed, 20 Sep 2023 | €28.2b | €21.5b | €6.5b | 6.9x | 4.3x | 1.3x |
| Fri, 18 Aug 2023 | €28.2b | €21.4b | €6.4b | 7.9x | 4.4x | 1.3x |
| Sun, 16 Jul 2023 | €28.3b | €20.6b | €6.4b | 7.4x | 4.4x | 1.4x |
| Tue, 13 Jun 2023 | €27.4b | €20.6b | €6.4b | 7.6x | 4.3x | 1.3x |
| Thu, 11 May 2023 | €27.6b | €20.4b | €6.3b | 9.8x | 4.4x | 1.4x |
| Sat, 08 Apr 2023 | €27.2b | €19.2b | €5.9b | 10.1x | 4.6x | 1.4x |
| Mon, 06 Mar 2023 | €31.1b | €19.1b | €5.9b | 10.6x | 5.3x | 1.6x |
| Wed, 01 Feb 2023 | €29.9b | €17.6b | €5.2b | 9.8x | 5.8x | 1.7x |
| Fri, 30 Dec 2022 | €26.8b | €17.7b | €5.2b | 10x | 5.2x | 1.5x |
| Sun, 27 Nov 2022 | €27.0b | €17.8b | €5.3b | 9.2x | 5.1x | 1.5x |
| Tue, 25 Oct 2022 | €23.8b | €16.6b | €4.6b | 10x | 5.2x | 1.4x |
| Thu, 22 Sep 2022 | €24.0b | €16.9b | €4.8b | 8.9x | 5x | 1.4x |
| Sat, 20 Aug 2022 | €23.3b | €16.9b | €4.8b | 8.2x | 4.8x | 1.4x |
| Mon, 18 Jul 2022 | €22.0b | €15.8b | €4.2b | 7.6x | 5.2x | 1.4x |
| Wed, 15 Jun 2022 | €23.7b | €15.8b | €4.2b | 8.2x | 5.6x | 1.5x |
| Fri, 13 May 2022 | €24.3b | €15.9b | €4.2b | 8.2x | 5.8x | 1.5x |
| Sun, 10 Apr 2022 | €25.9b | €15.2b | €3.8b | 8.5x | 6.8x | 1.7x |
| Tue, 08 Mar 2022 | €22.6b | €15.2b | €4.0b | 8.1x | 5.6x | 1.5x |
| Thu, 03 Feb 2022 | €36.0b | €14.7b | €3.5b | 12.4x | 10.4x | 2.5x |
| Sat, 01 Jan 2022 | €35.3b | €14.7b | €3.5b | 12.3x | 10.2x | 2.4x |
Price to Earnings Ratio
10.2x
Current Industry PE
- Investors are optimistic on the Austrian Banks industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 6.5x which is higher than its 3-year average PE of 5.5x.
- The 3-year average PS ratio of 1.6x is lower than the industry's current PS ratio of 2.0x.
Past Earnings Growth
- The earnings for companies in the Banks industry have grown 25% 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 | 0.72% | |
| Financials | 0.70% | |
| Banks | 0.53% | |
| Diversified Banks | 0.53% | |
| Regional Banks | 0% | |
Industry PE
- Investors are most optimistic about the Diversified Banks industry which is trading above its 3-year average PE ratio of 5.5x.
- Analysts are expecting annual earnings decline of 1.5%, which is lower than the prior year's growth of 13.9% per year.
- Investors are most pessimistic about the Diversified Banks industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 5.5x.
Forecasted Growth
- Despite it being negative, analysts are least pessimistic on the Diversified Banks industry since they expect its earnings to decline by only 1.5% 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 | |
|---|---|---|---|---|---|
| EBS Erste Group Bank | €59.12 | 1.2% +€274.3m | 63.0% | PB1.1x | |
| 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 | |
| ADKO Addiko Bank | €19.00 | 1.6% +€5.8m | 42.9% | PB0.4x |