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Oct 02
Australian (ASX) Hospitality Industry Analysis
UpdatedOct 03, 2023
DataAggregated Company Financials
Companies31
- 7D-2.2%
- 3M-3.1%
- 1Y13.7%
- YTD8.1%
Over the last 7 days, the Hospitality industry has dropped 2.2%, driven by Aristocrat Leisure declining 1.4%. Over the past 12 months, the industry was up 14%. Earnings are forecast to grow by 22% annually.
Industry Valuation and Performance
Has the Australian Hospitality Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 03 Oct 2023 | AU$66.7b | AU$24.2b | -AU$1,296,867,901.00 | 32.9x | -51.4x | 2.8x |
| Thu, 31 Aug 2023 | AU$70.6b | AU$23.8b | -AU$1,697,613,774.00 | 35.7x | -41.6x | 3x |
| Sat, 29 Jul 2023 | AU$70.3b | AU$23.6b | -AU$742,294,541.00 | 32.5x | -94.7x | 3x |
| Mon, 26 Jun 2023 | AU$66.7b | AU$23.5b | -AU$714,143,541.00 | 29x | -93.4x | 2.8x |
| Wed, 24 May 2023 | AU$69.2b | AU$23.4b | -AU$749,643,541.00 | 27.4x | -92.3x | 3x |
| Fri, 21 Apr 2023 | AU$68.6b | AU$23.0b | -AU$889,670,541.00 | 30.7x | -77.1x | 3x |
| Sun, 19 Mar 2023 | AU$64.8b | AU$23.0b | -AU$886,710,541.00 | 24.6x | -73.1x | 2.8x |
| Tue, 14 Feb 2023 | AU$66.8b | AU$21.1b | AU$74.1m | 29.1x | 902x | 3.2x |
| Thu, 12 Jan 2023 | AU$63.6b | AU$21.1b | AU$74.1m | 27.8x | 858.3x | 3x |
| Sat, 10 Dec 2022 | AU$64.6b | AU$21.1b | AU$74.1m | 28.7x | 871.2x | 3.1x |
| Mon, 07 Nov 2022 | AU$65.3b | AU$20.6b | AU$63.5m | 24.9x | 1029.7x | 3.2x |
| Wed, 05 Oct 2022 | AU$61.0b | AU$20.6b | AU$63.5m | 24.6x | 960.9x | 3x |
| Fri, 02 Sep 2022 | AU$65.4b | AU$20.6b | AU$60.5m | 25.7x | 1081.1x | 3.2x |
| Sun, 31 Jul 2022 | AU$57.4b | AU$20.3b | AU$193.5m | 26.6x | 296.6x | 2.8x |
| Tue, 28 Jun 2022 | AU$57.1b | AU$20.2b | AU$181.9m | 23.9x | 313.9x | 2.8x |
| Thu, 26 May 2022 | AU$67.5b | AU$20.2b | AU$181.9m | 24.2x | 370.9x | 3.3x |
| Sat, 23 Apr 2022 | AU$69.5b | AU$19.6b | -AU$108,567,474.00 | 36.8x | -639.9x | 3.5x |
| Mon, 21 Mar 2022 | AU$71.0b | AU$19.6b | -AU$108,447,943.00 | 35.1x | -654.7x | 3.6x |
| Wed, 16 Feb 2022 | AU$75.6b | AU$18.8b | AU$106.2m | 32.6x | 711.5x | 4x |
| Fri, 14 Jan 2022 | AU$78.9b | AU$18.8b | AU$106.2m | 34.1x | 743x | 4.2x |
| Sun, 12 Dec 2021 | AU$80.3b | AU$18.8b | AU$106.2m | 35.5x | 755.9x | 4.3x |
| Tue, 09 Nov 2021 | AU$84.1b | AU$18.5b | -AU$271,678,378.00 | 38.8x | -309.5x | 4.5x |
| Thu, 07 Oct 2021 | AU$82.6b | AU$18.5b | -AU$271,678,378.00 | 35x | -303.9x | 4.5x |
| Sat, 04 Sep 2021 | AU$84.6b | AU$19.7b | -AU$233,647,570.00 | 38.9x | -362x | 4.3x |
| Mon, 02 Aug 2021 | AU$75.5b | AU$19.7b | -AU$233,647,570.00 | 37.8x | -323.2x | 3.8x |
| Thu, 06 May 2021 | AU$74.6b | AU$18.8b | -AU$1,309,129,415.00 | 37.2x | -57x | 4x |
| Sun, 07 Feb 2021 | AU$62.5b | AU$18.2b | -AU$1,982,363,317.00 | 40.8x | -31.5x | 3.4x |
| Sat, 31 Oct 2020 | AU$54.2b | AU$19.6b | -AU$1,033,495,361.00 | 35.5x | -52.4x | 2.8x |
Price to Earnings Ratio
-53.9x
Current Industry PE
- Investors are pessimistic on the Australian Hospitality industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 3.4x is higher than the industry's current PS ratio of 2.8x.
Past Earnings Growth
- The earnings for companies in the Hospitality industry have deteriorated over the last three years.
- Meanwhile revenues for these companies have grown 7.4% 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 caused losses to expand.
Industry Trends
Which industries have driven the changes within the Australian Consumer Discretionary industry?
| AU Market | -0.62% | |
| Consumer Discretionary | -2.07% | |
| Hospitality | -2.21% | |
| Leisure Facilities | -1.72% | |
| Casinos and Gaming | -1.74% | |
| Hotels, Resorts and Cruise Lines | -2.95% | |
| Restaurants | -5.01% | |
Industry PE
- Investors are most optimistic about the Restaurants industry which is trading above its 3-year average PE ratio of 46.7x.
- Analysts are expecting annual earnings growth of 27.3%, which is higher than its past year's earnings decline of 69.5% per year.
Forecasted Growth
- Analysts are most optimistic on the Leisure Facilities industry, expecting annual earnings growth of 55% over the next 5 years.
- In contrast, the Casinos and Gaming industry is expected to see its earnings grow by 20% 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 | |
|---|---|---|---|---|---|
| PBH PointsBet Holdings | AU$0.80 | 1.9% +AU$4.7m | -57.5% | PS1.2x | |
| BBT BlueBet Holdings | AU$0.23 | 9.8% +AU$4.0m | -52.1% | PS0.9x | |
| RFG Retail Food Group | AU$0.05 | 2.0% +AU$2.6m | -10.7% | PS1.1x | |
| BOX BetTube | AU$0.10 | 11.1% +AU$1.9m | -41.2% | n/a | |
| RCT Reef Casino Trust | AU$3.27 | 2.2% +AU$1.7m | 9.0% | PE10.1x |
