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Nov 24
Australian (ASX) Specialty Stores Industry Analysis
UpdatedNov 28, 2022
DataAggregated Company Financials
Companies24
- 7D2.2%
- 3M7.1%
- 1Y-16.3%
- YTD-18.2%
The Specialty Stores industry is up 2.2% in the last week, with JB Hi-Fi up 4.8%. During this same period, the City Chic Collective underperformed, falling 24%. In contrast, the industry has lost 16% in the last 12 months. Looking forward, earnings are expected to remain mostly flat in the next few years.
Industry Valuation and Performance
Has the Australian Specialty Stores Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 28 Nov 2022 | AU$23.1b | AU$32.3b | AU$1.9b | 10.3x | 11.9x | 0.7x |
| Wed, 26 Oct 2022 | AU$21.6b | AU$32.3b | AU$1.9b | 9.5x | 11.1x | 0.7x |
| Fri, 23 Sep 2022 | AU$21.7b | AU$32.2b | AU$1.9b | 9.3x | 11.4x | 0.7x |
| Sun, 21 Aug 2022 | AU$22.7b | AU$33.0b | AU$1.9b | 10.5x | 11.9x | 0.7x |
| Tue, 19 Jul 2022 | AU$20.1b | AU$32.3b | AU$1.8b | 9.5x | 11x | 0.6x |
| Thu, 16 Jun 2022 | AU$17.8b | AU$32.3b | AU$1.8b | 8.2x | 9.7x | 0.6x |
| Sat, 14 May 2022 | AU$22.1b | AU$32.4b | AU$1.8b | 11x | 12x | 0.7x |
| Mon, 11 Apr 2022 | AU$24.9b | AU$32.4b | AU$1.8b | 11.8x | 13.5x | 0.8x |
| Wed, 09 Mar 2022 | AU$24.4b | AU$32.4b | AU$1.9b | 11.7x | 13.1x | 0.8x |
| Fri, 04 Feb 2022 | AU$26.4b | AU$32.9b | AU$2.1b | 11.5x | 12.7x | 0.8x |
| Sun, 02 Jan 2022 | AU$28.2b | AU$32.9b | AU$2.1b | 11.4x | 13.6x | 0.9x |
| Tue, 30 Nov 2021 | AU$27.8b | AU$32.9b | AU$2.1b | 10.6x | 13.5x | 0.8x |
| Thu, 28 Oct 2021 | AU$28.6b | AU$32.9b | AU$2.1b | 11.4x | 13.8x | 0.9x |
| Sat, 25 Sep 2021 | AU$27.2b | AU$32.9b | AU$2.1b | 11.3x | 13.2x | 0.8x |
| Mon, 23 Aug 2021 | AU$26.9b | AU$32.8b | AU$2.0b | 11x | 13.3x | 0.8x |
| Sat, 10 Jul 2021 | AU$27.7b | AU$32.2b | AU$1.9b | 11.3x | 14.3x | 0.9x |
| Fri, 02 Apr 2021 | AU$24.5b | AU$29.7b | AU$1.6b | 11.9x | 14.9x | 0.8x |
| Mon, 04 Jan 2021 | AU$22.6b | AU$28.9b | AU$1.3b | 14.7x | 17x | 0.8x |
| Thu, 08 Oct 2020 | AU$19.0b | AU$27.1b | AU$724.3m | 13.9x | 26.2x | 0.7x |
| Wed, 01 Jul 2020 | AU$15.5b | AU$26.5b | AU$482.3m | 16x | 32.2x | 0.6x |
| Sat, 04 Apr 2020 | AU$9.5b | AU$25.2b | AU$511.0m | 8.2x | 18.6x | 0.4x |
| Tue, 07 Jan 2020 | AU$17.8b | AU$24.6b | AU$581.5m | 16x | 30.7x | 0.7x |
Price to Earnings Ratio
22.2x
Current Industry PE
- Investors are pessimistic on the Australian Specialty Retail 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 11.9x which is lower than its 3-year average PE of 18.8x.
- The industry is trading close to its 3-year average PS ratio of 0.73x.
Past Earnings Growth
- The earnings for companies in the Specialty Retail industry have grown 35% per year over the last three years.
- Revenues for these companies have grown 13% 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 | 1.17% | |
| Consumer Discretionary | 1.28% | |
| Specialty Stores | 2.15% | |
| Home Furnishing Retail | 12.25% | |
| Computer and Electronics Retail | 4.77% | |
| Automotive Retail | 2.51% | |
| Specialty Stores | 1.04% | |
| Apparel Retail | -0.89% | |
| Home Improvement Retail | -0.95% | |
Industry PE
- Investors are most optimistic about the Specialty Stores industry even though it's trading below its 3-year average PE ratio of 17.6x.
- Analysts are expecting annual earnings growth of 7.5%, which is higher than its past year's earnings growth of 4.9% per year.
- Investors are most pessimistic about the Computer and Electronics Retail industry, which is trading below its 3-year average of 13.7x.
Forecasted Growth
- Analysts are most optimistic on the Specialty Stores industry, expecting annual earnings growth of 7.5% over the next 5 years.
- This is better than its past earnings growth rate of 4.9% per year.
- In contrast, the Computer and Electronics Retail industry is expected to see its earnings decline by 9.6% 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 | |
|---|---|---|---|---|---|
| JBH JB Hi-Fi | AU$44.81 | 4.8% +AU$226.7m | -5.5% | PE9x | |
| NCK Nick Scali | AU$10.99 | 18.4% +AU$138.5m | -25.3% | PE11.9x | |
| APE Eagers Automotive | AU$12.36 | 3.3% +AU$102.2m | -9.6% | PE10.5x | |
| PMV Premier Investments | AU$25.63 | 2.4% +AU$95.5m | -16.5% | PE14.3x | |
| SUL Super Retail Group | AU$10.92 | 4.0% +AU$95.1m | -10.9% | PE10.3x |
