Is Premier Investments Limited (ASX:PMV) Expensive For A Reason? A Look At Its Intrinsic Value
Dec 20
Have your own idea? Try our Stock Screener
Australian (ASX) Apparel Retail Industry Analysis
UpdatedDec 31, 2024
DataAggregated Company Financials
Companies6
- 7D2.0%
- 3M3.3%
- 1Y10.5%
- YTDn/a
Over the last 7 days, the Apparel Retail industry has risen 3.2%, driven by gains from every company within the industry. This means that the industry has gained 9.7% over the past year. As for the next few years, earnings are expected to grow by 9.0% per annum.
Industry Valuation and Performance
Has the Australian Apparel Retail Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Dec 2024 | AU$8.1b | AU$4.3b | AU$336.3m | 20.4x | 24.2x | 1.9x |
| Thu, 28 Nov 2024 | AU$8.3b | AU$4.3b | AU$336.3m | 21.8x | 24.8x | 1.9x |
| Sat, 26 Oct 2024 | AU$8.0b | AU$4.3b | AU$336.3m | 22.2x | 23.9x | 1.9x |
| Mon, 23 Sep 2024 | AU$8.3b | AU$4.3b | AU$352.3m | 23x | 23.6x | 1.9x |
| Wed, 21 Aug 2024 | AU$8.1b | AU$4.2b | AU$343.5m | 19.6x | 23.5x | 1.9x |
| Fri, 19 Jul 2024 | AU$7.6b | AU$4.2b | AU$343.5m | 18.2x | 22x | 1.8x |
| Sun, 16 Jun 2024 | AU$7.4b | AU$4.2b | AU$343.5m | 17x | 21.6x | 1.8x |
| Tue, 14 May 2024 | AU$7.6b | AU$4.2b | AU$343.5m | 16.8x | 22.2x | 1.8x |
| Thu, 11 Apr 2024 | AU$8.3b | AU$4.2b | AU$343.5m | 17.9x | 24.1x | 2x |
| Sat, 09 Mar 2024 | AU$8.2b | AU$4.2b | AU$340.6m | 17.4x | 24.1x | 1.9x |
| Mon, 05 Feb 2024 | AU$7.8b | AU$4.8b | AU$393.4m | 15x | 19.9x | 1.6x |
| Wed, 03 Jan 2024 | AU$7.5b | AU$4.8b | AU$393.4m | 15.1x | 19x | 1.6x |
| Fri, 01 Dec 2023 | AU$6.8b | AU$4.8b | AU$393.4m | 12.9x | 17.3x | 1.4x |
| Sun, 29 Oct 2023 | AU$6.2b | AU$4.8b | AU$393.4m | 12.4x | 15.9x | 1.3x |
| Tue, 26 Sep 2023 | AU$6.8b | AU$4.8b | AU$418.2m | 12.1x | 16.3x | 1.4x |
| Thu, 24 Aug 2023 | AU$6.9b | AU$4.8b | AU$431.2m | 12.9x | 16x | 1.4x |
| Sat, 22 Jul 2023 | AU$6.1b | AU$4.6b | AU$412.5m | 10.5x | 14.7x | 1.3x |
| Mon, 19 Jun 2023 | AU$5.8b | AU$4.6b | AU$412.5m | 10.4x | 14.2x | 1.3x |
| Wed, 17 May 2023 | AU$6.8b | AU$4.6b | AU$412.5m | 13.5x | 16.4x | 1.5x |
| Fri, 14 Apr 2023 | AU$7.1b | AU$4.6b | AU$412.5m | 14.4x | 17.3x | 1.5x |
| Sun, 12 Mar 2023 | AU$6.4b | AU$4.1b | AU$437.9m | 15.4x | 14.7x | 1.5x |
| Tue, 07 Feb 2023 | AU$6.3b | AU$3.8b | AU$395.6m | 15.1x | 16x | 1.7x |
| Thu, 05 Jan 2023 | AU$5.8b | AU$3.8b | AU$395.6m | 14.4x | 14.7x | 1.5x |
| Sat, 03 Dec 2022 | AU$5.9b | AU$3.8b | AU$395.6m | 14.2x | 14.8x | 1.5x |
| Mon, 31 Oct 2022 | AU$5.6b | AU$3.8b | AU$395.6m | 13.8x | 14x | 1.4x |
| Wed, 28 Sep 2022 | AU$4.9b | AU$3.8b | AU$357.7m | 14.7x | 13.6x | 1.3x |
| Fri, 26 Aug 2022 | AU$5.5b | AU$3.7b | AU$354.8m | 17.1x | 15.4x | 1.5x |
| Sun, 24 Jul 2022 | AU$5.4b | AU$3.7b | AU$362.3m | 16.3x | 14.8x | 1.5x |
| Tue, 21 Jun 2022 | AU$4.8b | AU$3.7b | AU$362.3m | 12.9x | 13.2x | 1.3x |
| Thu, 19 May 2022 | AU$5.8b | AU$3.7b | AU$362.3m | 15x | 16x | 1.6x |
| Sat, 16 Apr 2022 | AU$6.5b | AU$3.7b | AU$362.3m | 17.6x | 17.9x | 1.8x |
| Mon, 14 Mar 2022 | AU$6.7b | AU$3.7b | AU$386.8m | 18.8x | 17.3x | 1.8x |
| Wed, 09 Feb 2022 | AU$8.1b | AU$3.5b | AU$483.3m | 17.4x | 16.7x | 2.3x |
| Fri, 07 Jan 2022 | AU$8.3b | AU$3.5b | AU$483.3m | n/a | 17.2x | 2.3x |
Price to Earnings Ratio
17.2x
Current Industry PE
- Investors are optimistic on the Australian Apparel Retail industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 24.0x which is higher than its 3-year average PE of 18.1x.
- The 3-year average PS ratio of 1.6x is lower than the industry's current PS ratio of 1.9x.
Past Earnings Growth
- The earnings for companies in the Apparel Retail industry have declined 11% per year over the last three years.
- Meanwhile revenues for these companies have grown 6.8% 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 Comparison
How does Australian Apparel Retail compare with similar industries?
| AU Market | 0.48% | |
| Consumer Discretionary | 0.81% | |
| Specialty Stores | 1.51% | |
| Apparel Retail | 2.04% | |
| Home Improvement Retail | 2.71% | |
| Automotive Retail | 2.06% | |
| Computer and Electronics Retail | 1.43% | |
| Specialty Stores | 1.27% | |
| Home Furnishing Retail | 0.21% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| PMV Premier Investments | AU$32.99 | 1.2% +AU$60.7m | 19.6% | PE20.4x | |
| AX1 Accent Group | AU$2.41 | 3.0% +AU$39.6m | 24.2% | PE22.9x | |
| CTT Cettire | AU$1.51 | 6.3% +AU$34.3m | -47.9% | PE55x | |
| UNI Universal Store Holdings | AU$8.31 | 3.6% +AU$22.2m | 95.5% | PE18.6x | |
| STP Step One Clothing | AU$1.27 | 1.2% +AU$2.7m | 25.9% | PE18.7x |
