Is There An Opportunity With Avolta AG's (VTX:AVOL) 33% Undervaluation?
Nov 29
Swiss (SMI) Consumer Discretionary Sector Analysis
UpdatedDec 01, 2023
DataAggregated Company Financials
Companies12
- 7D-3.3%
- 3M-12.2%
- 1Y-11.2%
- YTD-15.1%
Over the last 7 days, the Consumer Discretionary industry has dropped 3.3%, driven by a pullback from Compagnie Financière Richemont of 3.8%. However, the industry is down 11% over the past year. As for the next few years, earnings are expected to grow by 10% per annum.
Sector Valuation and Performance
Has the Swiss Consumer Discretionary Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 01 Dec 2023 | CHF82.2b | CHF44.0b | CHF4.9b | 20x | 16.7x | 1.9x |
| Sun, 29 Oct 2023 | CHF79.3b | CHF43.5b | CHF4.9b | 19.3x | 16.2x | 1.8x |
| Tue, 26 Sep 2023 | CHF85.9b | CHF43.7b | CHF4.9b | 18.7x | 17.4x | 2x |
| Thu, 24 Aug 2023 | CHF92.7b | CHF43.3b | CHF4.8b | 20.6x | 19.2x | 2.1x |
| Sat, 22 Jul 2023 | CHF103.9b | CHF41.5b | CHF4.9b | 20.9x | 21.1x | 2.5x |
| Mon, 19 Jun 2023 | CHF109.8b | CHF41.4b | CHF4.8b | 22.3x | 22.8x | 2.6x |
| Wed, 17 May 2023 | CHF112.8b | CHF41.4b | CHF4.8b | 22.2x | 23.5x | 2.7x |
| Fri, 14 Apr 2023 | CHF106.4b | CHF42.5b | CHF3.7b | 21.5x | 29x | 2.5x |
| Sun, 12 Mar 2023 | CHF107.9b | CHF42.4b | CHF3.7b | 23.5x | 29.4x | 2.5x |
| Tue, 07 Feb 2023 | CHF104.7b | CHF41.3b | CHF3.7b | 23.7x | 28.1x | 2.5x |
| Thu, 05 Jan 2023 | CHF96.5b | CHF41.1b | CHF3.7b | 24.9x | 26x | 2.4x |
| Sat, 03 Dec 2022 | CHF90.6b | CHF41.1b | CHF3.7b | 22.4x | 24.4x | 2.2x |
| Mon, 31 Oct 2022 | CHF75.9b | CHF40.6b | CHF3.2b | 21.3x | 23.4x | 1.9x |
| Wed, 28 Sep 2022 | CHF75.0b | CHF39.8b | CHF3.1b | 19.7x | 23.8x | 1.9x |
| Fri, 26 Aug 2022 | CHF87.1b | CHF39.3b | CHF3.2b | 22x | 27.6x | 2.2x |
| Sun, 24 Jul 2022 | CHF82.4b | CHF37.8b | CHF2.7b | 20.8x | 30.3x | 2.2x |
| Tue, 21 Jun 2022 | CHF74.3b | CHF38.1b | CHF2.8b | 19.3x | 26.8x | 1.9x |
| Thu, 19 May 2022 | CHF81.8b | CHF35.7b | CHF3.1b | 20.2x | 26.3x | 2.3x |
| Sat, 16 Apr 2022 | CHF91.0b | CHF35.4b | CHF3.1b | 20.4x | 29.6x | 2.6x |
| Mon, 14 Mar 2022 | CHF85.1b | CHF33.6b | CHF1.3b | 21.2x | 64.7x | 2.5x |
| Wed, 09 Feb 2022 | CHF99.4b | CHF34.5b | CHF1.4b | 17.8x | 70.5x | 2.9x |
| Fri, 07 Jan 2022 | CHF107.0b | CHF33.7b | CHF1.1b | 21.5x | 96.9x | 3.2x |
| Sun, 05 Dec 2021 | CHF101.6b | CHF33.7b | CHF1.1b | 20.3x | 92.2x | 3x |
| Tue, 02 Nov 2021 | CHF90.7b | CHF30.3b | CHF5.6m | 20.2x | 16303.2x | 3x |
| Thu, 30 Sep 2021 | CHF80.7b | CHF30.7b | CHF39.9m | 19.1x | 2020x | 2.6x |
| Sat, 28 Aug 2021 | CHF84.7b | CHF31.0b | CHF68.2m | 19.6x | 1242.3x | 2.7x |
| Sun, 04 Jul 2021 | CHF92.4b | CHF31.0b | CHF68.2m | 15.3x | 1354.4x | 3x |
| Wed, 07 Apr 2021 | CHF77.3b | CHF30.4b | -CHF513,795,498.27 | 23.2x | -150.4x | 2.5x |
| Sat, 09 Jan 2021 | CHF68.0b | CHF29.2b | -CHF1,700,844,497.85 | 22.9x | -40x | 2.3x |
Price to Earnings Ratio
-43.2x
Current Industry PE
- Investors are pessimistic on the Swiss Consumer Discretionary industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 16.7x which is lower than its 3-year average PE of 517x.
- The 3-year average PS ratio of 2.5x is higher than the industry's current PS ratio of 1.9x.
Past Earnings Growth
- Total earnings for the Consumer Discretionary industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 12% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Swiss Consumer Discretionary sector?
| CH Market | 0.12% | |
| Consumer Discretionary | -3.25% | |
| Consumer Durables | 4.75% | |
| Auto Components | 3.11% | |
| Auto | 0% | |
| Leisure | 0% | |
| Consumer Services | 0% | |
| Retail Distributors | 0% | |
| Online Retail and Ecommerce | 0% | |
| General Merchandise and Department Stores | 0% | |
| Specialty Stores | -0.55% | |
| Hospitality | -2.05% | |
| Luxury | -3.58% | |
Industry PE
- Investors are most optimistic about the Hospitality industry which is trading above its 3-year average PE ratio.
- Analysts expect its future annual earnings growth (67.6%) to be largely in line with prior year's earnings growth.
- Investors are most pessimistic about the Auto Components industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the Hospitality industry, expecting annual earnings growth of 68% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Luxury industry is expected to see its earnings grow by 8.0% 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 | |
|---|---|---|---|---|---|
| AUTN Autoneum Holding | CHF118.40 | 4.4% +CHF29.0m | 0.5% | PE10.3x | |
| VZUG V-ZUG Holding | CHF61.80 | 4.7% +CHF18.0m | -24.7% | PE46.7x | |
| CALN CALIDA Holding | CHF28.50 | 3.4% +CHF8.0m | -40.3% | PE17.5x | |
| TIBN Bergbahnen Engelberg-Trübsee-Titlis | CHF41.20 | 0.7% +CHF1.0m | -4.2% | PE22.6x | |
| FTON Feintool International Holding | CHF19.94 | 0.2% +CHF589.1k | -5.5% | PE23.4x |
