Australian (ASX) General Merchandise and Department Stores Industry Analysis

Industry Valuation and Performance

Has the Australian General Merchandise and Department Stores Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Thu, 18 Apr 2024	AU$81.2b	AU$51.0b	AU$2.9b	19.9x	27.8x	1.6x
Sat, 16 Mar 2024	AU$84.1b	AU$51.0b	AU$2.9b	20.4x	28.8x	1.7x
Mon, 12 Feb 2024	AU$73.3b	AU$51.0b	AU$3.0b	15x	24.5x	1.4x
Wed, 10 Jan 2024	AU$71.1b	AU$51.0b	AU$3.0b	14.8x	23.7x	1.4x
Fri, 08 Dec 2023	AU$66.6b	AU$51.0b	AU$3.0b	14x	22.2x	1.3x
Sun, 05 Nov 2023	AU$65.3b	AU$51.0b	AU$3.0b	13.8x	21.8x	1.3x
Tue, 03 Oct 2023	AU$65.8b	AU$51.0b	AU$3.0b	14.8x	22x	1.3x
Thu, 31 Aug 2023	AU$66.7b	AU$51.0b	AU$3.2b	13.5x	20.7x	1.3x
Sat, 29 Jul 2023	AU$62.6b	AU$49.2b	AU$3.3b	14.4x	19.2x	1.3x
Mon, 26 Jun 2023	AU$59.8b	AU$49.2b	AU$3.3b	12.7x	18.3x	1.2x
Wed, 24 May 2023	AU$62.4b	AU$49.2b	AU$3.3b	13.2x	19.2x	1.3x
Fri, 21 Apr 2023	AU$64.8b	AU$49.2b	AU$3.3b	14.7x	19.9x	1.3x
Sun, 19 Mar 2023	AU$61.4b	AU$48.0b	AU$3.4b	13.9x	18.3x	1.3x
Tue, 14 Feb 2023	AU$61.3b	AU$42.9b	AU$3.2b	16.8x	19x	1.4x
Thu, 12 Jan 2023	AU$59.9b	AU$42.9b	AU$3.2b	15.8x	18.6x	1.4x
Sat, 10 Dec 2022	AU$60.5b	AU$42.9b	AU$3.2b	15.7x	18.8x	1.4x
Mon, 07 Nov 2022	AU$57.1b	AU$42.9b	AU$3.2b	16.3x	17.7x	1.3x
Wed, 05 Oct 2022	AU$56.2b	AU$42.9b	AU$3.2b	14.8x	17.4x	1.3x
Fri, 02 Sep 2022	AU$58.8b	AU$42.8b	AU$3.2b	16.2x	18.3x	1.4x
Sun, 31 Jul 2022	AU$58.6b	AU$39.8b	AU$3.1b	17.4x	19.2x	1.5x
Tue, 28 Jun 2022	AU$55.3b	AU$39.8b	AU$3.1b	13.4x	18.1x	1.4x
Thu, 26 May 2022	AU$59.1b	AU$39.8b	AU$3.1b	15x	19.3x	1.5x
Sat, 23 Apr 2022	AU$63.0b	AU$39.8b	AU$3.1b	18.6x	20.6x	1.6x
Mon, 21 Mar 2022	AU$64.4b	AU$39.8b	AU$3.1b	18.8x	21.1x	1.6x
Wed, 16 Feb 2022	AU$69.1b	AU$39.7b	AU$3.3b	16.9x	21.1x	1.7x
Fri, 14 Jan 2022	AU$69.2b	AU$39.7b	AU$3.3b	16.7x	21.1x	1.7x
Sun, 12 Dec 2021	AU$75.0b	AU$39.7b	AU$3.3b	18.5x	22.9x	1.9x
Tue, 09 Nov 2021	AU$75.1b	AU$39.7b	AU$3.3b	19x	22.9x	1.9x
Thu, 07 Oct 2021	AU$68.0b	AU$39.7b	AU$3.3b	17.4x	20.8x	1.7x
Sat, 04 Sep 2021	AU$72.7b	AU$39.5b	AU$3.1b	27.5x	23.6x	1.8x
Mon, 02 Aug 2021	AU$78.4b	AU$39.5b	AU$3.1b	24.6x	25.5x	2x
Thu, 06 May 2021	AU$68.4b	AU$39.1b	AU$2.8b	27.3x	24.7x	1.7x

Current Industry PE

Investors are optimistic on the Australian Multiline Retail industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 28.5x which is higher than its 3-year average PE of 21.3x.

The industry is trading close to its 3-year average PS ratio of 1.5x.

Past Earnings Growth

The earnings for companies in the Multiline Retail industry have remained mostly flat over the last three years.
Meanwhile revenues for these companies have grown 9.2% 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 and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the Australian Consumer Discretionary industry?


AU Market	-3.14%
Consumer Discretionary	-4.44%
General Merchandise and Department Stores	-3.78%
Department Stores	0%
General Merchandise Stores	0%
Broadline Retail	-3.78%

Industry PE

Investors are most optimistic about the Broadline Retail industry which is trading above its 3-year average PE ratio of 22.1x.

Analysts are expecting annual earnings growth of 9.3%, which is higher than its past year's earnings decline of 23.8% per year.

Investors are most pessimistic about the Broadline Retail industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 22.1x.

Forecasted Growth

Analysts are most optimistic on the Broadline Retail industry, expecting annual earnings growth of 9.3% over the next 5 years.
This is better than its past earnings decline of 24% per year.