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Apr 22
Australian (ASX) Consumer Discretionary Sector Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies105
- 7D0.05%
- 3M3.6%
- 1Y9.4%
- YTD4.3%
Over the last 7 days, the Consumer Discretionary industry has remained flat, although notably Flight Centre Travel Group gained 5.0%. As for the the longer term, the industry is up 9.4% over the past 12 months. Earnings are forecast to grow by 12% annually.
Sector Valuation and Performance
Has the Australian Consumer Discretionary Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | AU$190.6b | AU$124.2b | AU$5.7b | 17.4x | 33.6x | 1.5x |
| Sun, 24 Mar 2024 | AU$199.8b | AU$124.2b | AU$5.6b | 17.6x | 35.4x | 1.6x |
| Tue, 20 Feb 2024 | AU$194.5b | AU$122.4b | AU$5.0b | 19.8x | 39x | 1.6x |
| Thu, 18 Jan 2024 | AU$192.2b | AU$126.2b | AU$4.4b | 18.5x | 43.5x | 1.5x |
| Sat, 16 Dec 2023 | AU$188.9b | AU$126.2b | AU$4.4b | 18.1x | 42.8x | 1.5x |
| Mon, 13 Nov 2023 | AU$181.9b | AU$125.7b | AU$4.0b | 18.9x | 45.6x | 1.4x |
| Wed, 11 Oct 2023 | AU$181.3b | AU$125.7b | AU$4.0b | 21.1x | 45.5x | 1.4x |
| Fri, 08 Sep 2023 | AU$186.6b | AU$125.7b | AU$4.0b | 20.4x | 46.4x | 1.5x |
| Sun, 06 Aug 2023 | AU$182.7b | AU$122.0b | AU$5.0b | 13.1x | 36.8x | 1.5x |
| Tue, 04 Jul 2023 | AU$177.2b | AU$122.0b | AU$5.0b | 12.5x | 35.6x | 1.5x |
| Thu, 01 Jun 2023 | AU$172.6b | AU$121.9b | AU$5.0b | 13.4x | 34.5x | 1.4x |
| Sat, 29 Apr 2023 | AU$184.6b | AU$121.4b | AU$4.8b | 14.5x | 38.1x | 1.5x |
| Mon, 27 Mar 2023 | AU$177.0b | AU$121.3b | AU$4.9b | 14x | 36x | 1.5x |
| Wed, 22 Feb 2023 | AU$181.7b | AU$339.5b | AU$12.4b | 16.4x | 14.6x | 0.5x |
| Fri, 20 Jan 2023 | AU$179.9b | AU$111.6b | AU$5.5b | 15.6x | 32.5x | 1.6x |
| Sun, 18 Dec 2022 | AU$171.0b | AU$111.7b | AU$5.5b | 14x | 30.9x | 1.5x |
| Tue, 15 Nov 2022 | AU$176.1b | AU$111.2b | AU$5.6b | 14.1x | 31.7x | 1.6x |
| Thu, 13 Oct 2022 | AU$162.9b | AU$111.2b | AU$5.5b | 13x | 29.4x | 1.5x |
| Sat, 10 Sep 2022 | AU$172.7b | AU$110.8b | AU$5.5b | 14.6x | 31.3x | 1.6x |
| Mon, 08 Aug 2022 | AU$167.2b | AU$107.0b | AU$5.4b | 15x | 30.7x | 1.6x |
| Wed, 06 Jul 2022 | AU$155.0b | AU$106.7b | AU$5.4b | 15.1x | 28.6x | 1.5x |
| Fri, 03 Jun 2022 | AU$165.2b | AU$106.7b | AU$5.4b | 16.5x | 30.5x | 1.5x |
| Sun, 01 May 2022 | AU$187.1b | AU$106.1b | AU$5.1b | 17.4x | 36.4x | 1.8x |
| Tue, 29 Mar 2022 | AU$191.1b | AU$106.1b | AU$5.2b | 18.3x | 37x | 1.8x |
| Thu, 24 Feb 2022 | AU$194.0b | AU$105.8b | AU$5.4b | 16.6x | 36.2x | 1.8x |
| Sat, 22 Jan 2022 | AU$202.5b | AU$105.0b | AU$6.0b | 17x | 33.5x | 1.9x |
| Mon, 20 Dec 2021 | AU$214.6b | AU$105.0b | AU$6.0b | 17x | 35.5x | 2x |
| Wed, 17 Nov 2021 | AU$227.5b | AU$104.9b | AU$5.7b | 17x | 40.2x | 2.2x |
| Fri, 15 Oct 2021 | AU$216.9b | AU$104.8b | AU$5.7b | 16.6x | 38.4x | 2.1x |
| Sun, 12 Sep 2021 | AU$221.6b | AU$105.8b | AU$5.7b | 16.2x | 39.1x | 2.1x |
| Tue, 10 Aug 2021 | AU$220.1b | AU$105.7b | AU$5.5b | 16.7x | 40.4x | 2.1x |
| Mon, 03 May 2021 | AU$200.2b | AU$102.1b | AU$3.6b | 20.8x | 55.6x | 2x |
Price to Earnings Ratio
55.6x
Current Industry PE
- Investors are pessimistic on the Australian Consumer Discretionary 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 33.6x which is lower than its 3-year average PE of 37.6x.
- The industry is trading close to its 3-year average PS ratio of 1.7x.
Past Earnings Growth
- The earnings for companies in the Consumer Discretionary industry have grown 16% per year over the last three years.
- Revenues for these companies have grown 6.7% 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 Australian Consumer Discretionary sector?
| AU Market | 0.42% | |
| Consumer Discretionary | 0.05% | |
| Consumer Durables | 1.91% | |
| Retail Distributors | 1.37% | |
| Hospitality | 0.97% | |
| Specialty Stores | 0.092% | |
| Auto | 0% | |
| Online Retail and Ecommerce | 0% | |
| Auto Components | -0.14% | |
| General Merchandise and Department Stores | -0.56% | |
| Leisure | -0.96% | |
| Consumer Services | -1.58% | |
| Luxury | -6.64% | |
Industry PE
- Investors are most optimistic about the Hospitality industry which is trading above its 3-year average PE ratio of 117x.
- Analysts are expecting annual earnings growth of 16.4%, which is higher than its past year's earnings decline of 30.7% per year.
- Investors are most pessimistic about the Auto industry, which is trading below its 3-year average of 11.0x.
Forecasted Growth
- Analysts are most optimistic on the Consumer Services industry, expecting annual earnings growth of 19% over the next 5 years.
- This is better than its past earnings growth rate of 5.9% per year.
- In contrast, the Specialty Stores industry is expected to see its earnings grow by 7.7% 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 | |
|---|---|---|---|---|---|
| FLT Flight Centre Travel Group | AU$20.99 | 5.0% +AU$219.9m | 6.7% | PE30x | |
| NCK Nick Scali | AU$15.85 | 15.7% +AU$174.2m | 63.2% | PE15.4x | |
| BRG Breville Group | AU$25.43 | 4.6% +AU$160.6m | 23.7% | PE31.6x | |
| LOV Lovisa Holdings | AU$30.37 | 3.4% +AU$109.7m | 14.4% | PE45.1x | |
| DMP Domino's Pizza Enterprises | AU$38.12 | 2.2% +AU$75.5m | -24.4% | PE62.6x |
