Slowing Rates Of Return At Globe International (ASX:GLB) Leave Little Room For Excitement
Oct 14
Have your own idea? Try our Stock Screener
Australian (ASX) Luxury Industry Analysis
UpdatedOct 31, 2024
DataAggregated Company Financials
Companies5
- 7D0.1%
- 3M22.7%
- 1Y11.6%
- YTD0.5%
Over the last 7 days, the Luxury industry has dropped 1.5%, driven by a pullback from Globe International of 3.1%. Meanwhile, Atlas Pearls actually outperformed within the industry, gaining 7.4% in the last week. In the past year, the industry has gained 13%.
Industry Valuation and Performance
Has the Australian Luxury Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 31 Oct 2024 | AU$236.2m | AU$449.2m | AU$31.4m | 6.6x | 7.5x | 0.5x |
| Sat, 28 Sep 2024 | AU$243.5m | AU$440.5m | AU$31.7m | 7.9x | 7.7x | 0.6x |
| Mon, 26 Aug 2024 | AU$226.7m | AU$438.8m | AU$25.7m | 7.5x | 8.8x | 0.5x |
| Wed, 24 Jul 2024 | AU$176.0m | AU$441.7m | AU$20.7m | 9.4x | 8.5x | 0.4x |
| Fri, 21 Jun 2024 | AU$181.9m | AU$440.7m | AU$20.7m | 9.8x | 8.8x | 0.4x |
| Sun, 19 May 2024 | AU$183.3m | AU$454.8m | AU$16.0m | 10x | 11.5x | 0.4x |
| Tue, 16 Apr 2024 | AU$207.6m | AU$460.3m | AU$15.8m | 9.8x | 13.1x | 0.5x |
| Thu, 14 Mar 2024 | AU$209.3m | AU$457.2m | AU$15.9m | 10.3x | 13.1x | 0.5x |
| Sat, 10 Feb 2024 | AU$223.7m | AU$461.1m | -AU$3,021,137.60 | 44.2x | -74x | 0.5x |
| Mon, 08 Jan 2024 | AU$220.8m | AU$455.7m | -AU$2,929,784.00 | 45.3x | -75.4x | 0.5x |
| Wed, 06 Dec 2023 | AU$201.3m | AU$460.0m | -AU$3,002,008.00 | 44.5x | -67x | 0.4x |
| Fri, 03 Nov 2023 | AU$186.4m | AU$462.3m | -AU$3,778,493.00 | 42.9x | -49.3x | 0.4x |
| Sun, 01 Oct 2023 | AU$176.2m | AU$462.5m | -AU$3,782,787.00 | 42.4x | -46.6x | 0.4x |
| Tue, 29 Aug 2023 | AU$120.9m | AU$549.8m | AU$1.4m | 4.6x | 87.8x | 0.2x |
| Thu, 27 Jul 2023 | AU$128.8m | AU$536.6m | AU$1.2m | 6.6x | 103.8x | 0.2x |
| Sat, 24 Jun 2023 | AU$123.6m | AU$539.5m | AU$1.5m | 7.2x | 84.7x | 0.2x |
| Mon, 22 May 2023 | AU$140.3m | AU$543.1m | AU$4.7m | 7.2x | 30x | 0.3x |
| Wed, 19 Apr 2023 | AU$149.7m | AU$541.1m | AU$4.7m | 7.4x | 32.1x | 0.3x |
| Fri, 17 Mar 2023 | AU$158.6m | AU$543.2m | AU$4.7m | 9.4x | 33.9x | 0.3x |
| Sun, 12 Feb 2023 | AU$176.4m | AU$606.6m | AU$22.7m | 3.4x | 7.8x | 0.3x |
| Tue, 10 Jan 2023 | AU$181.4m | AU$608.1m | AU$22.8m | 5x | 8x | 0.3x |
| Thu, 08 Dec 2022 | AU$179.7m | AU$615.4m | AU$23.0m | 4.5x | 7.8x | 0.3x |
| Sat, 05 Nov 2022 | AU$169.7m | AU$636.3m | AU$23.2m | 3.2x | 7.3x | 0.3x |
| Mon, 03 Oct 2022 | AU$183.5m | AU$628.9m | AU$23.0m | 3.1x | 8x | 0.3x |
| Wed, 31 Aug 2022 | AU$209.4m | AU$610.7m | AU$29.5m | 2.8x | 7.1x | 0.3x |
| Fri, 29 Jul 2022 | AU$225.6m | AU$603.8m | AU$40.0m | 3.2x | 5.6x | 0.4x |
| Sun, 26 Jun 2022 | AU$227.9m | AU$603.5m | AU$39.8m | 3.6x | 5.7x | 0.4x |
| Tue, 24 May 2022 | AU$252.5m | AU$600.0m | AU$40.9m | 3.6x | 6.2x | 0.4x |
| Thu, 21 Apr 2022 | AU$290.1m | AU$587.6m | AU$40.6m | 3.8x | 7.2x | 0.5x |
| Sat, 19 Mar 2022 | AU$258.1m | AU$586.9m | AU$40.6m | 3.9x | 6.4x | 0.4x |
| Mon, 14 Feb 2022 | AU$293.1m | AU$563.5m | AU$35.8m | 7.4x | 8.2x | 0.5x |
| Wed, 12 Jan 2022 | AU$317.7m | AU$563.6m | AU$35.8m | 6.3x | 8.9x | 0.6x |
| Fri, 10 Dec 2021 | AU$323.0m | AU$563.8m | AU$35.8m | 6.6x | 9x | 0.6x |
| Sun, 07 Nov 2021 | AU$334.8m | AU$551.7m | AU$35.1m | 6.2x | 9.5x | 0.6x |
Price to Earnings Ratio
9.5x
Current Industry PE
- Investors are pessimistic on the Australian Luxury 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 6.9x which is lower than its 3-year average PE of 8.2x.
- The industry is trading close to its 3-year average PS ratio of 0.39x.
Past Earnings Growth
- The earnings for companies in the Luxury industry have declined 3.7% per year over the last three years,
- Revenues have also declined 6.7% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Australian Consumer Discretionary industry?
| AU Market | -0.48% | |
| Consumer Discretionary | -1.34% | |
| Luxury | 0.10% | |
| Apparel, Accessories and Luxury Goods | 0.11% | |
| Footwear | 0% | |
| Textiles | 0% | |
Industry PE
- Investors are most optimistic about the Apparel, Accessories and Luxury Goods industry even though it's trading below its 3-year average PE ratio of 9.9x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ATP Atlas Pearls | AU$0.14 | 1.8% +AU$1.1m | 40.0% | PE1.9x |
