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Has the Australian Consumer Discretionary Sector valuation changed over the past few years?
|Tue, 30 Nov 2021||AU$219.5b||AU$105.5b||AU$6.1b||16.9x|
|Thu, 28 Oct 2021||AU$224.2b||AU$104.8b||AU$5.7b||16.6x|
|Sat, 25 Sep 2021||AU$222.0b||AU$106.0b||AU$5.7b||15.4x|
|Mon, 23 Aug 2021||AU$225.8b||AU$105.7b||AU$5.5b||15.8x|
|Sat, 10 Jul 2021||AU$215.6b||AU$105.0b||AU$5.4b||17x|
|Fri, 02 Apr 2021||AU$193.0b||AU$100.7b||AU$3.6b||16.3x|
|Mon, 04 Jan 2021||AU$178.3b||AU$98.6b||AU$1.8b||21.1x|
|Thu, 08 Oct 2020||AU$157.2b||AU$93.5b||AU$2.0b||20.2x|
|Wed, 01 Jul 2020||AU$139.6b||AU$92.0b||AU$2.1b||22.8x|
|Sat, 04 Apr 2020||AU$102.1b||AU$93.8b||AU$4.3b||14.2x|
|Tue, 07 Jan 2020||AU$152.0b||AU$93.6b||AU$5.9b||19.7x|
|Mon, 30 Sep 2019||AU$147.7b||AU$90.6b||AU$5.7b||20.7x|
|Thu, 04 Jul 2019||AU$136.1b||AU$89.1b||AU$5.7b||17.6x|
|Sun, 07 Apr 2019||AU$129.0b||AU$88.0b||AU$5.7b||17.2x|
|Wed, 09 Jan 2019||AU$117.7b||AU$86.9b||AU$5.4b||13.6x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 18.7x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Consumer Discretionary industry have grown 6.2% per year over the last three years, and revenues for these companies have grown 7.6% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Which industries have driven the changes within the Australian Consumer Discretionary sector?
|General Merchanise and Department Stores||-1.73%|
|Online Retail and Ecommerce||-2.24%|
Industry PE: Investors are most optimistic about the Online Retail and Ecommerce industry which is trading above its 3-year average PE ratio of 59.9x. This is likely because analysts are expecting annual earnings growth of 36%, which is higher than its past year's earnings decline of 42% per year. Meanwhile, investors are most pessimistic about the Luxury industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 4.1x.
Forecasted Growth: Analysts are most optimistic on the Auto industry, expecting annual earnings growth of 63% over the next 5 years. However this is lower than its past earnings growth rate of 108% per year. Meanwhile, the Specialty Stores industry is expected to see its earnings growth to stay flat over the next few years.
Which companies have driven the market over the last 7 days?
Domino's Pizza Enterprises
Harvey Norman Holdings
Corporate Travel Management