Shriro Holdings Limited's (ASX:SHM) Prospects Need A Boost To Lift Shares
Apr 19
Australian (ASX) Consumer Durables Industry Analysis
UpdatedApr 19, 2024
DataAggregated Company Financials
Companies8
- 7D-4.6%
- 3M-4.7%
- 1Y20.0%
- YTD-5.8%
Over the last 7 days, the Consumer Durables industry has dropped 3.6%, driven by Breville Group declining 5.3%. This takes the industry's 12 month performance to a gain of 22%. Earnings are forecast to grow by 12% annually.
Industry Valuation and Performance
Has the Australian Consumer Durables Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 20 Apr 2024 | AU$4.2b | AU$3.2b | AU$131.3m | 21.1x | 32.3x | 1.3x |
| Mon, 18 Mar 2024 | AU$4.6b | AU$3.2b | AU$131.3m | 21.7x | 34.7x | 1.4x |
| Wed, 14 Feb 2024 | AU$4.2b | AU$3.3b | AU$122.0m | 22.8x | 34.7x | 1.3x |
| Fri, 12 Jan 2024 | AU$4.5b | AU$3.3b | AU$63.0m | 24.9x | 71x | 1.3x |
| Sun, 10 Dec 2023 | AU$4.2b | AU$3.3b | AU$63.0m | 23x | 66x | 1.2x |
| Tue, 07 Nov 2023 | AU$3.8b | AU$3.3b | AU$63.0m | 21.3x | 60.2x | 1.1x |
| Thu, 05 Oct 2023 | AU$3.8b | AU$3.3b | AU$63.0m | 20.4x | 59.7x | 1.1x |
| Sat, 02 Sep 2023 | AU$4.2b | AU$3.3b | AU$63.0m | 22.6x | 65.9x | 1.2x |
| Mon, 31 Jul 2023 | AU$3.9b | AU$3.4b | AU$54.9m | 8.2x | 71x | 1.2x |
| Wed, 28 Jun 2023 | AU$3.4b | AU$3.4b | AU$54.9m | 7.8x | 62x | 1x |
| Fri, 26 May 2023 | AU$3.5b | AU$3.4b | AU$54.9m | 8.2x | 63.5x | 1x |
| Sun, 23 Apr 2023 | AU$3.5b | AU$3.4b | AU$54.9m | 9.1x | 63.3x | 1x |
| Tue, 21 Mar 2023 | AU$3.2b | AU$3.4b | AU$103.5m | 9.9x | 31.3x | 1x |
| Thu, 16 Feb 2023 | AU$3.5b | AU$3.4b | AU$67.2m | 12.7x | 52.4x | 1x |
| Sat, 14 Jan 2023 | AU$3.5b | AU$3.4b | AU$66.2m | 13.2x | 53x | 1x |
| Mon, 12 Dec 2022 | AU$3.4b | AU$3.4b | AU$66.2m | 12.4x | 50.6x | 1x |
| Wed, 09 Nov 2022 | AU$3.5b | AU$3.3b | AU$70.4m | 11.9x | 50x | 1.1x |
| Fri, 07 Oct 2022 | AU$3.4b | AU$3.3b | AU$74.7m | 12.7x | 45.1x | 1x |
| Sun, 04 Sep 2022 | AU$3.8b | AU$3.4b | AU$89.4m | 12.5x | 42x | 1.1x |
| Tue, 02 Aug 2022 | AU$4.0b | AU$3.0b | AU$93.0m | 13.9x | 42.8x | 1.3x |
| Thu, 30 Jun 2022 | AU$3.5b | AU$3.0b | AU$93.0m | 14.9x | 38.1x | 1.2x |
| Sat, 28 May 2022 | AU$3.9b | AU$3.0b | AU$93.0m | 15.5x | 42.2x | 1.3x |
| Mon, 25 Apr 2022 | AU$4.7b | AU$3.0b | AU$93.0m | 17.8x | 51x | 1.6x |
| Wed, 23 Mar 2022 | AU$5.1b | AU$3.0b | AU$93.0m | 17x | 55.1x | 1.7x |
| Fri, 18 Feb 2022 | AU$5.6b | AU$3.0b | AU$137.3m | 14.3x | 40.6x | 1.9x |
| Sun, 16 Jan 2022 | AU$5.5b | AU$2.8b | AU$123.9m | 15.3x | 44.3x | 1.9x |
| Tue, 14 Dec 2021 | AU$5.6b | AU$2.8b | AU$123.9m | 14.7x | 45.1x | 2x |
| Thu, 11 Nov 2021 | AU$5.7b | AU$2.8b | AU$123.9m | 14.5x | 45.6x | 2x |
| Sat, 09 Oct 2021 | AU$5.5b | AU$2.8b | AU$128.6m | 14.6x | 42.7x | 1.9x |
| Mon, 06 Sep 2021 | AU$6.4b | AU$2.8b | AU$133.3m | 15.6x | 48x | 2.3x |
| Wed, 04 Aug 2021 | AU$6.4b | AU$2.8b | AU$133.3m | 16.7x | 47.7x | 2.3x |
| Sat, 08 May 2021 | AU$5.2b | AU$2.7b | AU$94.3m | 15.7x | 55.6x | 1.9x |
Price to Earnings Ratio
55.6x
Current Industry PE
- Investors are pessimistic on the Australian Consumer Durables 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 32.6x which is lower than its 3-year average PE of 50.9x.
- The industry is trading close to its 3-year average PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Consumer Durables industry have grown 12% per year over the last three years.
- Revenues for these companies have grown 5.7% 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 industry?
| AU Market | -2.22% | |
| Consumer Discretionary | -3.30% | |
| Consumer Durables | -4.59% | |
| Homebuilding | 0.067% | |
| Housewares and Specialties | 0% | |
| Household Appliances | -5.16% | |
| Home Furnishings | -5.71% | |
| Consumer Electronics | -6.00% | |
Industry PE
- Investors are most optimistic about the Homebuilding industry which is trading above its 3-year average PE ratio of 28.8x.
- Analysts are expecting annual earnings growth of 55.8%, which is lower than the prior year's growth of 89.4% per year.
Forecasted Growth
- Analysts are most optimistic on the Homebuilding industry, expecting annual earnings growth of 56% over the next 5 years.
- However this is lower than its past earnings growth rate of 89% per year.
- In contrast, the Household Appliances industry is expected to see its earnings grow by 10% 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 | |
|---|---|---|---|---|---|
| SHM Shriro Holdings | AU$0.78 | 10.7% +AU$7.2m | 10.7% | PE8.1x | |
| SIO Simonds Group | AU$0.19 | 7.0% +AU$4.5m | 81.0% | PS0.1x | |
| AVJ AVJennings | AU$0.34 | 1.5% +AU$2.8m | -23.3% | PE21.7x | |
| TWD Tamawood | AU$2.82 | 1.1% +AU$1.1m | 27.0% | PE23.1x |