Are Investors Undervaluing Mayr-Melnhof Karton AG (VIE:MMK) By 47%?
Nov 27
Austrian (ATX) Materials Sector Analysis
UpdatedNov 28, 2022
DataAggregated Company Financials
Companies6
- 7D1.8%
- 3M12.0%
- 1Y-17.7%
- YTD-21.1%
All of the companies in the Materials industry have been up over the last week, with the industry up 1.8%. However, the industry is down 18% over the past year. As for the next few years, earnings are forecast to decline by 6.0% per annum.
Sector Valuation and Performance
Has the Austrian Materials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 29 Nov 2022 | €13.7b | €31.1b | €2.3b | 9.5x | 6x | 0.4x |
| Thu, 27 Oct 2022 | €11.4b | €29.0b | €2.4b | 8.9x | 4.8x | 0.4x |
| Sat, 24 Sep 2022 | €11.0b | €29.0b | €2.4b | 7.9x | 4.7x | 0.4x |
| Mon, 22 Aug 2022 | €12.6b | €29.0b | €2.4b | 9.2x | 5.4x | 0.4x |
| Wed, 20 Jul 2022 | €11.7b | €26.6b | €1.9b | 9.9x | 6.2x | 0.4x |
| Fri, 17 Jun 2022 | €13.6b | €26.6b | €1.9b | 12x | 7.2x | 0.5x |
| Sun, 15 May 2022 | €13.8b | €25.8b | €1.7b | 12x | 8x | 0.5x |
| Tue, 12 Apr 2022 | €14.4b | €24.8b | €1.6b | 18.3x | 9.2x | 0.6x |
| Thu, 10 Mar 2022 | €15.0b | €24.3b | €1.5b | 19.4x | 9.8x | 0.6x |
| Sat, 05 Feb 2022 | €16.6b | €23.0b | €1.4b | 22.5x | 11.8x | 0.7x |
| Mon, 03 Jan 2022 | €17.7b | €23.0b | €1.4b | 22.8x | 12.6x | 0.8x |
| Wed, 01 Dec 2021 | €16.8b | €23.0b | €1.4b | 22.4x | 12x | 0.7x |
| Fri, 29 Oct 2021 | €17.1b | €21.5b | €855.3m | 28.9x | 19.9x | 0.8x |
| Sun, 26 Sep 2021 | €16.8b | €21.5b | €852.2m | 24.4x | 19.7x | 0.8x |
| Tue, 24 Aug 2021 | €18.7b | €21.5b | €852.2m | 25.5x | 21.9x | 0.9x |
| Wed, 30 Jun 2021 | €17.5b | €21.5b | €852.2m | 26x | 20.5x | 0.8x |
| Sat, 03 Apr 2021 | €17.4b | €19.9b | €438.8m | 149.8x | 39.7x | 0.9x |
| Tue, 05 Jan 2021 | €14.7b | €19.7b | €61.6m | 62x | 239.4x | 0.7x |
| Fri, 09 Oct 2020 | €11.7b | €19.9b | -€322,378,500.00 | 36.8x | -36.3x | 0.6x |
| Thu, 02 Jul 2020 | €10.4b | €20.6b | -€15,654,000.00 | 23.7x | -663.1x | 0.5x |
| Sun, 05 Apr 2020 | €9.4b | €21.9b | €231.8m | 13.2x | 40.7x | 0.4x |
| Wed, 08 Jan 2020 | €13.2b | €22.5b | €592.7m | 12.6x | 22.2x | 0.6x |
Price to Earnings Ratio
16.9x
Current Industry PE
- Investors are pessimistic on the Austrian Materials 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 6.0x which is higher than its 3-year average PE of -24.5x.
- The industry is trading close to its 3-year average PS ratio of 0.63x.
Past Earnings Growth
- The earnings for companies in the Materials industry have grown 44% per year over the last three years.
- Revenues for these companies have grown 11% 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 Materials sector?
| AT Market | 0.86% | |
| Materials | 1.76% | |
| Packaging | 2.41% | |
| Basic Materials | 1.79% | |
| Metals and Mining | 1.48% | |
| Chemicals | 1.45% | |
| Paper and Forestry Products | 0% | |
Industry PE
- Investors are most optimistic about the Chemicals industry even though it's trading below its 3-year average PE ratio of 118x.
- Analysts are expecting annual earnings growth of 57.9%, which is higher than its past year's earnings decline of 38.0% per year.
- Investors are most pessimistic about the Metals and Mining industry, which is trading below its 3-year average of 26.8x.
Forecasted Growth
- Analysts are most optimistic on the Chemicals industry, expecting annual earnings growth of 58% over the next 5 years.
- This is better than its past earnings decline of 38% per year.
- In contrast, the Metals and Mining industry is expected to see its earnings decline by 26% 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 | |
|---|---|---|---|---|---|
| VOE Voestalpine | €25.80 | 1.0% +€46.4m | -12.5% | PE3.9x | |
| WIE Wienerberger | €25.38 | 1.0% +€27.6m | -22.9% | PE4.7x | |
| MMK Mayr-Melnhof Karton | €160.00 | 0.8% +€24.0m | -8.8% | PE8.5x |
