Brambles Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
A week ago, Brambles Limited ( ASX:BXB ) came out with a strong set of yearly numbers that could potentially lead to a...
Australian (ASX) Market Analysis & Valuation
UpdatedAug 19, 2022
DataAggregated Company Financials
Companies1860
- 7D0.8%
- 3M-2.1%
- 1Y-4.9%
- YTD-8.1%
Over the last 7 days, the market has remained flat, although notably the Consumer Staples sector gained 3.2% in that time. Unfortunately though, the market is down 4.9% over the past year. Earnings are forecast to grow by 6.2% annually.
Market Valuation and Performance
Has the Australian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 20 Aug 2022 | AU$2.4t | AU$1.0t | AU$134.2b | 15.3x | 18x | 2.3x |
| Mon, 18 Jul 2022 | AU$2.3t | AU$1.0t | AU$133.5b | 14.7x | 16.9x | 2.2x |
| Wed, 15 Jun 2022 | AU$2.3t | AU$1.0t | AU$133.8b | 15x | 17x | 2.2x |
| Fri, 13 May 2022 | AU$2.4t | AU$1.0t | AU$133.9b | 16.3x | 18.2x | 2.3x |
| Sun, 10 Apr 2022 | AU$2.6t | AU$1.0t | AU$128.9b | 17.5x | 20.1x | 2.5x |
| Tue, 08 Mar 2022 | AU$2.5t | AU$1.0t | AU$130.0b | 18x | 19.3x | 2.4x |
| Thu, 03 Feb 2022 | AU$2.5t | AU$979.9b | AU$104.9b | 18.4x | 24.2x | 2.6x |
| Sat, 01 Jan 2022 | AU$2.6t | AU$974.2b | AU$103.8b | 19.4x | 25.5x | 2.7x |
| Mon, 29 Nov 2021 | AU$2.6t | AU$979.1b | AU$102.4b | 18.7x | 25x | 2.6x |
| Wed, 27 Oct 2021 | AU$2.6t | AU$954.5b | AU$94.3b | 19.8x | 27.6x | 2.7x |
| Fri, 24 Sep 2021 | AU$2.6t | AU$960.6b | AU$97.8b | 19x | 26.2x | 2.7x |
| Sun, 22 Aug 2021 | AU$2.6t | AU$949.7b | AU$96.9b | 18.3x | 26.5x | 2.7x |
| Fri, 09 Jul 2021 | AU$2.5t | AU$945.8b | AU$96.5b | 17.7x | 25.9x | 2.6x |
| Thu, 01 Apr 2021 | AU$2.3t | AU$897.3b | AU$70.2b | 17.1x | 32.7x | 2.6x |
| Sun, 03 Jan 2021 | AU$2.2t | AU$874.5b | AU$41.6b | 19.4x | 53.2x | 2.5x |
| Wed, 07 Oct 2020 | AU$1.9t | AU$870.7b | AU$44.4b | 19.7x | 43.4x | 2.2x |
| Tue, 30 Jun 2020 | AU$1.9t | AU$884.9b | AU$47.9b | 19.8x | 39.2x | 2.1x |
| Fri, 03 Apr 2020 | AU$1.6t | AU$930.2b | AU$75.2b | 15.7x | 20.6x | 1.7x |
| Mon, 06 Jan 2020 | AU$2.1t | AU$923.1b | AU$92.4b | 19.4x | 22.4x | 2.2x |
| Thu, 10 Oct 2019 | AU$2.1t | AU$921.3b | AU$99.4b | 19.3x | 20.7x | 2.2x |
Price to Earnings Ratio
20.5x
Current Market PE
- Investors are pessimistic on the Australian market, indicating that they anticipate earnings will not grow as fast as they have historically.
- The market is trading at a PE ratio of 18.0x which is lower than its 3-year average PE of 29.3x.
Past Earnings Growth
- The earnings for Australian listed companies have grown 11% per year over the last three years.
- Revenues for these companies have grown 4.5% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Sector Trends
Which sectors have driven the changes within the Australian Market?
| AU Market | 0.85% | |
| Consumer Staples | 3.21% | |
| Materials | 1.68% | |
| Industrials | 1.68% | |
| Real Estate | 1.21% | |
| Consumer Discretionary | 1.20% | |
| Healthcare | 1.10% | |
| Telecom | 0.26% | |
| Tech | 0.033% | |
| Financials | 0.027% | |
| Energy | -1.02% | |
| Utilities | -1.10% | |
Sector PE
- Investors are most optimistic about the Telecom sector which is trading above its 3-year average PE ratio of 28.2x.
- This is likely because analysts are expecting annual earnings growth of 14% which is higher than its past year's earnings decline of 11% per year.
- Investors are most pessimistic about the Real Estate sector, which is trading below its 3-year average of 14.5x.
Forecasted Growth
- Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 31% over the next 5 years.
- This is better than its past earnings growth rate of 12% per year.
- In contrast, the Consumer Staples sector is expected to see its earnings decline by 16% 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 | |
|---|---|---|---|---|---|---|
| BHP BHP Group | AU$41.55 | 7.0% +AU$13.9b | -6.3% | PE9.3x | Materials | |
| BXB Brambles | AU$12.97 | 12.4% +AU$2.0b | 5.0% | PE21.9x | Industrials | |
| WES Wesfarmers | AU$48.92 | 3.6% +AU$1.9b | -25.9% | PE25.2x | Consumer Discretionary | |
| CAR carsales.com | AU$22.00 | 1.6% +AU$1.6b | -12.0% | PE48x | Telecom | |
| WOW Woolworths Group | AU$39.34 | 3.4% +AU$1.6b | -6.3% | PE33.8x | Consumer Staples |
Market Insights
China's Central Bank finally intervenes; S&P500 regains half of its YTD losses; What types of companies have exposure to China?
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