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Australian (ASX) Specialty Stores Industry Analysis
UpdatedNov 20, 2024
DataAggregated Company Financials
Companies25
- 7D-0.4%
- 3M1.8%
- 1Y31.3%
- YTD16.0%
In the last week, the Specialty Stores industry is flat overall, with Lovisa Holdings standing out by going down 10%. As for the the longer term, the industry is up 31% over the past 12 months. Earnings are forecast to grow by 8.2% annually.
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 |
|---|---|---|---|---|---|---|
| Wed, 20 Nov 2024 | AU$33.0b | AU$38.5b | AU$1.6b | 17.9x | 20.2x | 0.9x |
| Fri, 18 Oct 2024 | AU$33.7b | AU$38.5b | AU$1.6b | 18.1x | 20.5x | 0.9x |
| Sun, 15 Sep 2024 | AU$32.5b | AU$38.5b | AU$1.7b | 16.4x | 19.6x | 0.8x |
| Tue, 13 Aug 2024 | AU$30.3b | AU$37.4b | AU$1.7b | 16.5x | 17.5x | 0.8x |
| Thu, 11 Jul 2024 | AU$28.0b | AU$37.3b | AU$1.8b | 14.1x | 15.9x | 0.7x |
| Sat, 08 Jun 2024 | AU$27.8b | AU$37.3b | AU$1.8b | 14.3x | 15.8x | 0.7x |
| Mon, 06 May 2024 | AU$29.5b | AU$37.3b | AU$1.8b | 14.5x | 16.8x | 0.8x |
| Wed, 03 Apr 2024 | AU$32.1b | AU$37.3b | AU$1.8b | 15.6x | 18.3x | 0.9x |
| Fri, 01 Mar 2024 | AU$32.0b | AU$37.3b | AU$1.8b | 14.4x | 18.2x | 0.9x |
| Sun, 28 Jan 2024 | AU$28.8b | AU$36.7b | AU$1.9b | 12.7x | 15.2x | 0.8x |
| Tue, 26 Dec 2023 | AU$27.9b | AU$36.7b | AU$1.9b | 11.6x | 14.7x | 0.8x |
| Thu, 23 Nov 2023 | AU$25.1b | AU$36.7b | AU$1.9b | 10.9x | 13.3x | 0.7x |
| Sat, 21 Oct 2023 | AU$23.6b | AU$36.7b | AU$1.9b | 10.5x | 12.5x | 0.6x |
| Mon, 18 Sep 2023 | AU$25.3b | AU$36.7b | AU$1.9b | 10.7x | 13.2x | 0.7x |
| Wed, 16 Aug 2023 | AU$25.3b | AU$35.8b | AU$2.0b | 10.5x | 12.7x | 0.7x |
| Fri, 14 Jul 2023 | AU$24.1b | AU$35.7b | AU$2.0b | 8.9x | 11.9x | 0.7x |
| Sun, 11 Jun 2023 | AU$21.7b | AU$35.7b | AU$2.0b | 8.1x | 10.7x | 0.6x |
| Tue, 09 May 2023 | AU$25.5b | AU$35.7b | AU$2.0b | 10.1x | 12.5x | 0.7x |
| Thu, 06 Apr 2023 | AU$25.3b | AU$35.8b | AU$2.1b | 9x | 12.2x | 0.7x |
| Sat, 04 Mar 2023 | AU$23.8b | AU$34.4b | AU$2.1b | 8.8x | 11.3x | 0.7x |
| Mon, 30 Jan 2023 | AU$24.8b | AU$32.3b | AU$1.9b | 11x | 12.8x | 0.8x |
| Wed, 28 Dec 2022 | AU$21.8b | AU$32.3b | AU$1.9b | 9.1x | 11.3x | 0.7x |
| Fri, 25 Nov 2022 | AU$22.9b | AU$32.3b | AU$1.9b | 10x | 11.8x | 0.7x |
| Sun, 23 Oct 2022 | AU$21.0b | AU$32.3b | AU$1.9b | 9.3x | 10.8x | 0.7x |
| Tue, 20 Sep 2022 | AU$21.8b | AU$32.2b | AU$1.9b | 9.3x | 11.4x | 0.7x |
| Thu, 18 Aug 2022 | AU$22.7b | AU$32.8b | AU$1.9b | 10.7x | 12x | 0.7x |
| Sat, 16 Jul 2022 | AU$20.1b | AU$32.3b | AU$1.8b | 9.5x | 11x | 0.6x |
| Mon, 13 Jun 2022 | AU$19.1b | AU$32.3b | AU$1.8b | 8.7x | 10.4x | 0.6x |
| Wed, 11 May 2022 | AU$22.0b | AU$32.4b | AU$1.8b | 11x | 11.9x | 0.7x |
| Fri, 08 Apr 2022 | AU$24.9b | AU$32.4b | AU$1.8b | 11.7x | 13.5x | 0.8x |
| Sun, 06 Mar 2022 | AU$25.2b | AU$32.4b | AU$1.9b | 12x | 13.5x | 0.8x |
| Tue, 01 Feb 2022 | AU$26.0b | AU$32.9b | AU$2.1b | 11x | 12.5x | 0.8x |
| Thu, 30 Dec 2021 | AU$28.3b | AU$32.9b | AU$2.1b | 11.5x | 13.6x | 0.9x |
| Sat, 27 Nov 2021 | AU$27.8b | AU$32.9b | AU$2.1b | 10.6x | 13.4x | 0.8x |
Price to Earnings Ratio
13.4x
Current Industry PE
- Investors are optimistic on the Australian Specialty Retail industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 20.2x which is higher than its 3-year average PE of 13.8x.
- The industry is trading close to its 3-year average PS ratio of 0.74x.
Past Earnings Growth
- The earnings for companies in the Specialty Retail industry have declined 7.4% per year over the last three years.
- Meanwhile revenues for these companies have grown 5.3% 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 | 1.37% | |
| Consumer Discretionary | 2.57% | |
| Specialty Stores | -0.40% | |
| Home Improvement Retail | 2.76% | |
| Computer and Electronics Retail | 2.36% | |
| Apparel Retail | 0.60% | |
| Home Furnishing Retail | -0.51% | |
| Automotive Retail | -0.69% | |
| Specialty Stores | -5.09% | |
Industry PE
- Investors are most optimistic about the Home Furnishing Retail industry which is trading above its 3-year average PE ratio of 14.5x.
- Analysts are expecting annual earnings growth of 23.7%, which is higher than its past year's earnings decline of 18.9% per year.
- Investors are most pessimistic about the Automotive Retail industry, which is trading close to its 3-year average of 9.9x.
Forecasted Growth
- Analysts are most optimistic on the Home Furnishing Retail industry, expecting annual earnings growth of 24% over the next 5 years.
- This is better than its past earnings decline of 19% per year.
- In contrast, the Automotive Retail industry is expected to see its earnings grow by 2.1% 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$88.61 | 1.2% +AU$113.7m | 87.0% | PE22.1x | |
| PMV Premier Investments | AU$34.27 | 1.9% +AU$103.8m | 42.4% | PE21.2x | |
| AX1 Accent Group | AU$2.53 | 4.1% +AU$56.6m | 43.3% | PE24.1x | |
| TPW Temple & Webster Group | AU$11.83 | 1.5% +AU$20.2m | 79.0% | PE787.2x | |
| MHJ Michael Hill International | AU$0.59 | 3.5% +AU$7.7m | -27.6% | PS0.4x |
