Erste Group Bank (VIE:EBS) Is Paying Out A Larger Dividend Than Last Year
Nov 02
Austrian (ATX) Banks Industry Analysis
UpdatedNov 29, 2023
DataAggregated Company Financials
Companies8
- 7D0.8%
- 3M10.2%
- 1Y15.8%
- YTD14.2%
Over the last 7 days, the Banks industry has remained flat, although notably Raiffeisen Bank International declined by 3.3%. As for the the longer term, the industry is up 15% over the past 12 months. In the next few years, earnings are forecast to decline by 7.6% 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 |
|---|---|---|---|---|---|---|
| Thu, 30 Nov 2023 | €30.7b | €22.3b | €6.9b | 5.9x | 4.4x | 1.4x |
| Sat, 28 Oct 2023 | €28.2b | €21.8b | €6.8b | 5.8x | 4.2x | 1.3x |
| Mon, 25 Sep 2023 | €28.1b | €21.5b | €6.5b | 6.9x | 4.3x | 1.3x |
| Wed, 23 Aug 2023 | €28.2b | €21.4b | €6.4b | 7.6x | 4.4x | 1.3x |
| Fri, 21 Jul 2023 | €28.6b | €20.6b | €6.4b | 7.4x | 4.5x | 1.4x |
| Sun, 18 Jun 2023 | €27.7b | €20.6b | €6.4b | 7.5x | 4.3x | 1.3x |
| Tue, 16 May 2023 | €27.3b | €20.4b | €6.3b | 9.8x | 4.4x | 1.3x |
| Thu, 13 Apr 2023 | €27.2b | €19.2b | €5.9b | 10.2x | 4.6x | 1.4x |
| Sat, 11 Mar 2023 | €29.8b | €19.1b | €5.9b | 10.3x | 5.1x | 1.6x |
| Mon, 06 Feb 2023 | €29.7b | €18.7b | €5.8b | 10x | 5.1x | 1.6x |
| Wed, 04 Jan 2023 | €27.5b | €17.7b | €5.2b | 9.8x | 5.3x | 1.6x |
| Fri, 02 Dec 2022 | €26.5b | €17.8b | €5.3b | 9.2x | 5x | 1.5x |
| Sun, 30 Oct 2022 | €24.5b | €16.6b | €4.6b | 9.9x | 5.3x | 1.5x |
| Tue, 27 Sep 2022 | €22.9b | €16.9b | €4.8b | 8.9x | 4.8x | 1.4x |
| Thu, 25 Aug 2022 | €22.7b | €16.9b | €4.8b | 8x | 4.7x | 1.3x |
| Sat, 23 Jul 2022 | €22.9b | €15.8b | €4.2b | 8x | 5.4x | 1.4x |
| Mon, 20 Jun 2022 | €23.6b | €15.8b | €4.2b | 8.2x | 5.6x | 1.5x |
| Wed, 18 May 2022 | €25.4b | €15.9b | €4.2b | 8.1x | 6.1x | 1.6x |
| Fri, 15 Apr 2022 | €26.1b | €15.2b | €3.8b | 8.9x | 6.8x | 1.7x |
| Sun, 13 Mar 2022 | €25.4b | €15.2b | €4.0b | 9x | 6.3x | 1.7x |
| Tue, 08 Feb 2022 | €36.2b | €14.7b | €3.5b | 12x | 10.5x | 2.5x |
| Thu, 06 Jan 2022 | €36.4b | €14.7b | €3.5b | 12.3x | 10.5x | 2.5x |
| Sat, 04 Dec 2021 | €34.1b | €14.7b | €3.4b | 11.3x | 9.9x | 2.3x |
| Mon, 01 Nov 2021 | €33.4b | €13.9b | €3.0b | 12.2x | 11x | 2.4x |
| Wed, 29 Sep 2021 | €33.0b | €13.8b | €3.0b | 12.4x | 11.1x | 2.4x |
| Fri, 27 Aug 2021 | €29.9b | €13.8b | €3.0b | 11.4x | 10.1x | 2.2x |
| Sat, 03 Jul 2021 | €27.5b | €13.8b | €3.0b | 10.9x | 9.2x | 2x |
| Tue, 06 Apr 2021 | €26.4b | €12.7b | €2.2b | 12.5x | 12x | 2.1x |
| Fri, 08 Jan 2021 | €23.4b | €12.4b | €1.9b | 13.8x | 12.2x | 1.9x |
Price to Earnings Ratio
10.3x
Current Industry PE
- Investors are pessimistic on the Austrian Banks industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 4.4x which is lower than its 3-year average PE of 7.6x.
- The 3-year average PS ratio of 1.7x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Banks industry have grown 46% per year over the last three years.
- Revenues for these companies have grown 19% 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 | 0.77% | |
| Financials | 0.35% | |
| Banks | 0.77% | |
| Diversified Banks | 0.77% | |
| Regional Banks | 0% | |
Industry PE
- Investors are most optimistic about the Diversified Banks industry even though it's trading below its 3-year average PE ratio of 7.6x.
- Analysts are expecting annual earnings decline of 7.6%, which is lower than the prior year's growth of 60.2% per year.
- Investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 7.6x.
Forecasted Growth
- Despite it being negative, analysts are least pessimistic on the Diversified Banks industry since they expect its earnings to decline by only 7.6% 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 60% per year.
- In contrast, the Diversified Banks industry is expected to see its earnings decline by 7.6% per year 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 | €36.73 | 2.0% +€294.5m | 24.1% | PB0.7x | |
| BG BAWAG Group | €48.16 | 2.1% +€80.7m | -2.4% | PB1x |