InvoCare Limited's (ASX:IVC) Intrinsic Value Is Potentially 55% Above Its Share Price
Nov 02
Australian (ASX) Consumer Services Industry Analysis
UpdatedNov 28, 2022
DataAggregated Company Financials
Companies17
- 7D-1.4%
- 3M4.4%
- 1Y-18.1%
- YTD-15.7%
Over the last 7 days, the Consumer Services industry has dropped 1.4%, driven by a pullback from IDP Education of 1.9%. Overall the industry is down 18% in 12 months. Earnings are forecast to grow by 25% annually.
Industry Valuation and Performance
Has the Australian Consumer Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 28 Nov 2022 | AU$12.6b | AU$3.4b | AU$112.1m | 25.6x | 112.6x | 3.7x |
| Wed, 26 Oct 2022 | AU$12.3b | AU$3.4b | AU$109.4m | 25.8x | 112x | 3.6x |
| Fri, 23 Sep 2022 | AU$12.0b | AU$3.4b | AU$111.5m | 26.3x | 107.5x | 3.5x |
| Sun, 21 Aug 2022 | AU$12.2b | AU$3.1b | AU$58.6m | 23.5x | 209x | 3.9x |
| Tue, 19 Jul 2022 | AU$11.6b | AU$3.2b | AU$59.5m | 26.4x | 194.7x | 3.6x |
| Thu, 16 Jun 2022 | AU$10.4b | AU$3.2b | AU$61.1m | 28.1x | 170.2x | 3.2x |
| Sat, 14 May 2022 | AU$11.4b | AU$3.2b | AU$65.5m | 21.8x | 174.1x | 3.6x |
| Mon, 11 Apr 2022 | AU$13.0b | AU$3.2b | AU$75.1m | 23.8x | 173.4x | 4.1x |
| Wed, 09 Mar 2022 | AU$13.0b | AU$3.2b | AU$74.9m | 21.3x | 173.9x | 4.1x |
| Fri, 04 Feb 2022 | AU$13.4b | AU$3.0b | AU$114.1m | 24.2x | 117.1x | 4.5x |
| Sun, 02 Jan 2022 | AU$15.1b | AU$3.0b | AU$116.0m | 28.3x | 129.8x | 5x |
| Tue, 30 Nov 2021 | AU$15.4b | AU$3.0b | AU$113.9m | 29.6x | 134.8x | 5.1x |
| Thu, 28 Oct 2021 | AU$16.0b | AU$3.2b | AU$125.5m | 28.9x | 127.4x | 5x |
| Sat, 25 Sep 2021 | AU$14.6b | AU$3.2b | AU$122.9m | 28.3x | 118.4x | 4.5x |
| Mon, 23 Aug 2021 | AU$13.0b | AU$3.2b | AU$113.5m | 25.7x | 114.7x | 4.1x |
| Sat, 10 Jul 2021 | AU$12.4b | AU$3.2b | AU$113.5m | 26.1x | 108.8x | 3.8x |
| Fri, 02 Apr 2021 | AU$10.7b | AU$2.9b | AU$55.8m | 20.6x | 192.5x | 3.7x |
| Mon, 04 Jan 2021 | AU$9.7b | AU$2.8b | -AU$131,020,218.39 | 14.6x | -73.8x | 3.4x |
| Thu, 08 Oct 2020 | AU$8.7b | AU$2.8b | -AU$142,096,775.62 | 11.8x | -61x | 3.1x |
| Wed, 01 Jul 2020 | AU$7.7b | AU$2.9b | -AU$140,057,467.08 | 25.3x | -54.8x | 2.7x |
| Sat, 04 Apr 2020 | AU$5.4b | AU$3.0b | AU$86.2m | 9.1x | 63x | 1.8x |
| Tue, 07 Jan 2020 | AU$8.0b | AU$3.1b | AU$283.2m | 18.5x | 28.4x | 2.6x |
Price to Earnings Ratio
29.9x
Current Industry PE
- Investors are optimistic on the Australian Consumer Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 113x which is higher than its 3-year average PE of 75.4x.
- The industry is trading close to its 3-year average PS ratio of 3.6x.
Past Earnings Growth
- The earnings for companies in the Consumer Services industry have declined 26% per year over the last three years.
- Meanwhile revenues for these companies have grown 3.7% 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, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Australian Consumer Discretionary industry?
| AU Market | 1.17% | |
| Consumer Discretionary | 1.28% | |
| Consumer Services | -1.43% | |
| Specialized Consumer Services | 0.75% | |
| Education Services | -1.96% | |
Industry PE
- Investors are most optimistic about the Education Services industry even though it's trading below its 3-year average PE ratio of 156kx.
- Analysts are expecting annual earnings growth of 23.2%, which is higher than its past year's earnings decline of 60.9% per year.
- Investors are most pessimistic about the Specialized Consumer Services industry, which is trading below its 3-year average of 185x.
Forecasted Growth
- Analysts are most optimistic on the Specialized Consumer Services industry, expecting annual earnings growth of 30% over the next 5 years.
- This is better than its past earnings decline of 37% per year.
- In contrast, the Education Services industry is expected to see its earnings grow by 23% 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 | |
|---|---|---|---|---|---|
| PFP Propel Funeral Partners | AU$4.63 | 3.3% +AU$17.7m | 5.2% | PS3.8x | |
| ICT iCollege | AU$1.28 | 2.0% +AU$5.5m | 112.5% | PS6x | |
| GEM G8 Education | AU$0.96 | 0.5% +AU$3.5m | -10.3% | PE25.6x | |
| KME Kip McGrath Education Centres | AU$0.84 | 3.7% +AU$1.7m | -27.6% | PE25.3x | |
| IVC InvoCare | AU$11.19 | 0.09% +AU$1.4m | -1.8% | PE78.8x |