Is Sydney Airport Limited (ASX:SYD) Potentially Undervalued?
Today we're going to take a look at the well-established Sydney Airport Limited ( ASX:SYD ). The company's stock...
Has the Australian Industrials Sector valuation changed over the past few years?
|Wed, 01 Dec 2021||AU$175.8b||AU$79.1b||AU$701.2m||12.6x|
|Fri, 29 Oct 2021||AU$174.5b||AU$77.7b||AU$578.3m||20.3x|
|Sun, 26 Sep 2021||AU$167.9b||AU$76.6b||AU$709.6m||19.2x|
|Tue, 24 Aug 2021||AU$170.9b||AU$75.9b||AU$758.1m||17.8x|
|Wed, 30 Jun 2021||AU$161.4b||AU$74.4b||AU$723.6m||17.9x|
|Sat, 03 Apr 2021||AU$148.3b||AU$73.5b||AU$44.8m||16.3x|
|Tue, 05 Jan 2021||AU$153.1b||AU$74.1b||-AU$856,962,675.90||17.2x|
|Fri, 09 Oct 2020||AU$141.5b||AU$79.7b||AU$635.0m||16.7x|
|Thu, 02 Jul 2020||AU$131.4b||AU$87.1b||-AU$1,682,558,132.18||16.5x|
|Sun, 05 Apr 2020||AU$110.2b||AU$91.4b||AU$366.8m||15.7x|
|Wed, 08 Jan 2020||AU$153.3b||AU$94.2b||AU$2.0b||22.9x|
|Tue, 01 Oct 2019||AU$149.4b||AU$96.5b||AU$4.4b||21.1x|
|Fri, 05 Jul 2019||AU$150.4b||AU$95.2b||AU$4.4b||19.4x|
|Mon, 08 Apr 2019||AU$142.4b||AU$92.5b||AU$4.5b||18.5x|
|Thu, 10 Jan 2019||AU$128.8b||AU$90.5b||AU$4.7b||17.3x|
Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 12.6x which is lower than its 3-year average PE of 18.5x. It appears they believe that earnings will not grow as fast as they have historically.
Past Earnings Growth: The earnings for companies in the Industrials industry have declined 48% per year over the last three years, and revenues have also declined 3.5% per year. This means overall sales from these companies are declining and profits are subsequently falling as well.
Which industries have driven the changes within the Australian Industrials sector?
|Aerospace & Defense||-4.49%|
Industry PE: Investors are most optimistic about the Transportation industry which is trading above its 3-year average PE ratio of 20.7x. This is likely because analysts are expecting annual earnings growth of 4.7%, which is higher than its past year's earnings decline of 48% per year. Meanwhile, investors are most pessimistic about the Industrials industry, which is trading below its 3-year average of 28.4x.
Forecasted Growth: Analysts are most optimistic on the Infrastructure industry, expecting annual earnings growth of 56% over the next 5 years. This is better than it's past earnings growth rate of 2.7% per year. Meanwhile, the Transportation industry is expected to see its earnings grow by 4.7% per year over the next few years.
Which companies have driven the market over the last 7 days?
MAAS Group Holdings
Johns Lyng Group
Cleanaway Waste Management
Dalrymple Bay Infrastructure