Zarneni Hrani Bulgaria AD's (BUL:ZHBG) Returns On Capital Not Reflecting Well On The Business
Ignoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...
Has the Bulgarian Consumer Staples Sector valuation changed over the past few years?
|Mon, 06 Dec 2021||лв660.1m||лв732.2m||лв80.4m||6.1x|
|Wed, 03 Nov 2021||лв685.9m||лв697.6m||лв66.4m||9.4x|
|Fri, 01 Oct 2021||лв672.0m||лв697.6m||лв66.4m||10x|
|Sun, 29 Aug 2021||лв737.0m||лв697.5m||лв66.4m||10.6x|
|Mon, 05 Jul 2021||лв703.9m||лв697.5m||лв66.4m||9.7x|
|Thu, 08 Apr 2021||лв712.1m||лв669.0m||лв61.5m||14.1x|
|Sun, 10 Jan 2021||лв660.4m||лв685.3m||лв62.1m||11.4x|
|Sat, 03 Oct 2020||лв643.9m||лв692.3m||лв57.3m||6.4x|
|Tue, 07 Jul 2020||лв672.0m||лв774.6m||лв81.7m||7.7x|
|Fri, 10 Apr 2020||лв647.4m||лв849.6m||лв61.2m||16.8x|
|Thu, 02 Jan 2020||лв733.6m||лв832.5m||лв51.1m||12.9x|
|Sun, 06 Oct 2019||лв729.3m||лв863.5m||лв30.9m||22.6x|
|Wed, 10 Jul 2019||лв742.0m||лв838.7m||лв28.4m||14.1x|
|Tue, 02 Apr 2019||лв755.2m||лв841.3m||лв27.9m||26x|
|Fri, 04 Jan 2019||лв764.2m||лв852.4m||лв35.5m||12.5x|
Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 5.9x which is lower than its 3-year average PE of 13.5x. It appears they believe that earnings will not grow as fast as they have historically.
Past Earnings Growth: The earnings for companies in the Consumer Staples industry have grown 31% per year over the last three years, while revenues for these companies have declined 4.9% per year. This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Which industries have driven the changes within the Bulgarian Consumer Staples sector?
|Food and Staples Retail||0%|
Industry PE: Investors are most optimistic about the Tobacco industry which is trading above its 3-year average PE ratio of 39.6x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Food and Staples Retail industry, which is trading below its 3-year average of 2.0x.
Forecasted Growth: Analysts are most optimistic on the Food industry, expecting annual earnings growth of 26% over the next 5 years. However this is lower than its past earnings growth rate of 101% per year.
Bulgartabac Holding AD
Lomsko Pivo AD
Zarneni Hrani Bulgaria AD