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Has the Australian Beverage Industry valuation changed over the past few years?
|Sun, 28 Nov 2021||AU$9.5b||AU$3.1b||AU$265.9m||30.2x|
|Tue, 26 Oct 2021||AU$9.4b||AU$3.1b||AU$265.9m||31x|
|Thu, 23 Sep 2021||AU$9.3b||AU$3.1b||AU$264.5m||30.9x|
|Sat, 21 Aug 2021||AU$10.3b||AU$3.1b||AU$264.5m||31.7x|
|Sat, 05 Jun 2021||AU$9.0b||AU$3.0b||AU$212.8m||39.5x|
|Tue, 09 Mar 2021||AU$8.4b||AU$2.9b||AU$177.7m||48.6x|
|Mon, 30 Nov 2020||AU$6.6b||AU$3.0b||AU$225.9m||28.7x|
|Thu, 03 Sep 2020||AU$6.9b||AU$3.0b||AU$251.9m||19.5x|
|Sun, 07 Jun 2020||AU$7.2b||AU$3.1b||AU$331.0m||17.2x|
|Sat, 29 Feb 2020||AU$8.2b||AU$3.2b||AU$410.1m||19.5x|
|Tue, 03 Dec 2019||AU$13.8b||AU$3.2b||AU$412.0m||33x|
|Fri, 06 Sep 2019||AU$13.8b||AU$3.2b||AU$410.9m||33x|
|Mon, 10 Jun 2019||AU$11.1b||AU$3.1b||AU$400.7m||27.2x|
|Sun, 03 Mar 2019||AU$11.1b||AU$3.0b||AU$390.7m||27.8x|
|Wed, 05 Dec 2018||AU$10.5b||AU$2.9b||AU$375.9m||27.1x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 29.4x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Beverage industry have declined 11% per year over the last three years, while revenues have remained mostly flat. This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Which industries have driven the changes within the Australian Beverage industry?
|Distillers and Wine Makers||-0.56%|
Industry PE: Investors are most optimistic about the Distillers and Wine Makers industry which is trading above its 3-year average PE ratio of 26.3x. However analysts are expecting annual earnings growth of 19%, which is lower than the prior year's growth of 40% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Brewers industry, which is trading below its 3-year average of 437x.
Forecasted Growth: Analysts are most optimistic on the Distillers and Wine Makers industry, expecting annual earnings growth of 19% over the next 5 years. However this is lower than its past earnings growth rate of 40% per year.
Which companies have driven the market over the last 7 days?
|No data available|
Treasury Wine Estates
Top Shelf International Holdings
Good Drinks Australia