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Nov 15
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Austrian (ATX) Market Analysis & Valuation
UpdatedNov 15, 2024
DataAggregated Company Financials
Companies65
- 7D0.3%
- 3M-3.6%
- 1Y1.4%
- YTD-1.1%
In the last week, the market has stayed flat, however the Utilities sector stood out, gaining 4.4%. Similarly, the market is flat for the past 12 months. As for the next few years, earnings are expected to grow by 8.8% per annum.
Market Valuation and Performance
Has the Austrian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 15 Nov 2024 | €135.2b | €177.0b | €12.8b | 10.8x | 10.6x | 0.8x |
| Sun, 13 Oct 2024 | €137.9b | €179.0b | €13.8b | 12.2x | 10x | 0.8x |
| Tue, 10 Sep 2024 | €139.8b | €179.0b | €13.8b | 11.4x | 10.1x | 0.8x |
| Thu, 08 Aug 2024 | €137.6b | €178.2b | €13.6b | 11x | 10.1x | 0.8x |
| Sat, 06 Jul 2024 | €142.0b | €180.1b | €14.0b | 10.9x | 10.1x | 0.8x |
| Mon, 03 Jun 2024 | €141.7b | €180.6b | €14.5b | 11.3x | 9.8x | 0.8x |
| Wed, 01 May 2024 | €137.1b | €184.4b | €14.6b | 10.1x | 9.4x | 0.7x |
| Fri, 29 Mar 2024 | €134.9b | €188.5b | €14.9b | 9.8x | 9.1x | 0.7x |
| Sun, 25 Feb 2024 | €130.6b | €190.5b | €15.3b | 8.7x | 8.5x | 0.7x |
| Tue, 23 Jan 2024 | €134.1b | €195.4b | €15.9b | 8.6x | 8.5x | 0.7x |
| Thu, 21 Dec 2023 | €136.3b | €195.5b | €15.9b | 8.7x | 8.6x | 0.7x |
| Sat, 18 Nov 2023 | €133.4b | €195.2b | €15.7b | 9.1x | 8.5x | 0.7x |
| Mon, 16 Oct 2023 | €130.3b | €203.7b | €15.5b | 9.9x | 8.4x | 0.6x |
| Wed, 13 Sep 2023 | €129.1b | €203.5b | €15.5b | 10.5x | 8.4x | 0.6x |
| Fri, 11 Aug 2023 | €128.1b | €199.3b | €15.9b | 11.4x | 8.1x | 0.6x |
| Sun, 09 Jul 2023 | €125.2b | €202.6b | €17.1b | 10.9x | 7.3x | 0.6x |
| Tue, 06 Jun 2023 | €126.6b | €202.3b | €17.4b | 11.7x | 7.3x | 0.6x |
| Thu, 04 May 2023 | €129.0b | €204.7b | €17.0b | 13.4x | 7.6x | 0.6x |
| Sat, 01 Apr 2023 | €130.2b | €202.3b | €17.3b | 13.6x | 7.5x | 0.6x |
| Mon, 27 Feb 2023 | €135.2b | €200.7b | €17.3b | 14x | 7.8x | 0.7x |
| Wed, 25 Jan 2023 | €130.7b | €197.6b | €17.0b | 14x | 7.7x | 0.7x |
| Fri, 23 Dec 2022 | €125.3b | €197.6b | €17.0b | 13.4x | 7.4x | 0.6x |
| Sun, 20 Nov 2022 | €130.8b | €196.3b | €17.0b | 12.5x | 7.7x | 0.7x |
| Tue, 18 Oct 2022 | €115.9b | €182.8b | €16.0b | 10.6x | 7.2x | 0.6x |
| Thu, 15 Sep 2022 | €126.7b | €182.6b | €16.1b | 10.5x | 7.9x | 0.7x |
| Sat, 13 Aug 2022 | €133.9b | €180.9b | €16.3b | 12.6x | 8.2x | 0.7x |
| Mon, 11 Jul 2022 | €128.1b | €167.8b | €13.6b | 12.3x | 9.4x | 0.8x |
| Wed, 08 Jun 2022 | €139.4b | €166.7b | €13.4b | 13.2x | 10.4x | 0.8x |
| Fri, 06 May 2022 | €131.2b | €162.7b | €12.7b | 13.1x | 10.3x | 0.8x |
| Sun, 03 Apr 2022 | €136.8b | €151.1b | €12.4b | 14.1x | 11x | 0.9x |
| Tue, 01 Mar 2022 | €143.6b | €139.5b | €12.9b | 13.9x | 11.1x | 1x |
| Thu, 27 Jan 2022 | €152.6b | €137.5b | €12.6b | 14x | 12.1x | 1.1x |
| Sat, 25 Dec 2021 | €155.4b | €137.4b | €12.6b | 14.5x | 12.3x | 1.1x |
| Mon, 22 Nov 2021 | €148.0b | €136.8b | €12.2b | 14.9x | 12.1x | 1.1x |
Price to Earnings Ratio
12.1x
Current Market PE
- Investors are optimistic on the Austrian market, and appear confident in strong long term growth rates.
- The market is trading at a PE ratio of 10.6x which is higher than its 3-year average PE of 9.1x.
Past Earnings Growth
- The earnings for Austrian listed companies have remained mostly flat over the last three years.
- Meanwhile revenues have grown 9.0% 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 and as a result, profits have held steady.
Sector Trends
Which sectors have driven the changes within the Austrian Market?
| AT Market | 0.33% | |
| Utilities | 4.44% | |
| Real Estate | 1.72% | |
| Energy | 0.90% | |
| Telecom | 0.86% | |
| Industrials | 0.83% | |
| Healthcare | 0% | |
| Information Technology | 0% | |
| Financials | 0% | |
| Health Care | 0% | |
| Industrials | 0% | |
| Financials | -1.09% | |
| Consumer Staples | -2.81% | |
| Materials | -5.61% | |
| Tech | -6.24% | |
| Consumer Discretionary | -22.60% | |
Sector PE
- Investors favour the Consumer Staples sector the most for future growth, which is trading above its 3-year average PE ratio of 9.3x.
- It looks like investors are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Consumer Discretionary sector, expecting annual earnings growth of 82% over the next 5 years.
- However this is lower than its past earnings growth rate of 112% per year.
- In contrast, the Utilities sector is expected to see its earnings decline by 11% 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 | Sector | |
|---|---|---|---|---|---|---|
| VER VERBUND | €75.00 | 4.9% +€1.2b | -11.9% | PE15.6x | Utilities | |
| DOC DO & CO | €161.80 | 14.3% +€221.9m | 27.8% | PE25.6x | Industrials | |
| OMV OMV | €38.22 | 1.0% +€117.8m | -6.4% | PE9.4x | Energy | |
| EVN EVN | €25.05 | 2.0% +€89.1m | -7.6% | PE7.6x | Utilities | |
| IIA IMMOFINANZ | €15.64 | 2.6% +€55.2m | -15.7% | PS2.9x | Real Estate |
