Is Chocoladefabriken Lindt & Sprüngli AG (VTX:LISN) Expensive For A Reason? A Look At Its Intrinsic Value
Dec 05
Swiss (SMI) Consumer Staples Sector Analysis
UpdatedDec 08, 2023
DataAggregated Company Financials
Companies12
- 7D-0.8%
- 3M-5.4%
- 1Y-8.0%
- YTD-7.8%
In the last week, Consumer Staples has been flat. Unfortunately though, the industry is down 7.3% over the past 12 months. As for the next few years, earnings are expected to grow by 9.8% per annum.
Sector Valuation and Performance
Has the Swiss Consumer Staples Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 09 Dec 2023 | CHF305.6b | CHF122.7b | CHF11.1b | 23.9x | 27.7x | 2.5x |
| Mon, 06 Nov 2023 | CHF307.5b | CHF122.8b | CHF11.1b | 24.4x | 27.8x | 2.5x |
| Wed, 04 Oct 2023 | CHF314.8b | CHF122.4b | CHF11.0b | 28.3x | 28.7x | 2.6x |
| Fri, 01 Sep 2023 | CHF326.8b | CHF122.4b | CHF11.0b | 28.9x | 29.8x | 2.7x |
| Sun, 30 Jul 2023 | CHF329.2b | CHF122.2b | CHF10.9b | 27.1x | 30.2x | 2.7x |
| Tue, 27 Jun 2023 | CHF331.9b | CHF121.4b | CHF10.4b | 25.8x | 31.8x | 2.7x |
| Thu, 25 May 2023 | CHF344.9b | CHF121.4b | CHF10.4b | 28x | 33.1x | 2.8x |
| Sat, 22 Apr 2023 | CHF357.0b | CHF121.4b | CHF10.4b | 28.2x | 34.2x | 2.9x |
| Mon, 20 Mar 2023 | CHF335.4b | CHF121.4b | CHF10.4b | 26.9x | 32.4x | 2.8x |
| Wed, 15 Feb 2023 | CHF350.5b | CHF117.3b | CHF17.2b | 23.5x | 20.4x | 3x |
| Fri, 13 Jan 2023 | CHF354.7b | CHF117.3b | CHF17.2b | 22.4x | 20.7x | 3x |
| Sun, 11 Dec 2022 | CHF342.4b | CHF117.2b | CHF17.2b | 22.2x | 19.9x | 2.9x |
| Tue, 08 Nov 2022 | CHF337.6b | CHF117.2b | CHF17.2b | 21.4x | 19.7x | 2.9x |
| Thu, 06 Oct 2022 | CHF336.4b | CHF116.9b | CHF17.3b | 23.3x | 19.5x | 2.9x |
| Sat, 03 Sep 2022 | CHF356.8b | CHF116.7b | CHF17.2b | 23x | 20.8x | 3.1x |
| Mon, 01 Aug 2022 | CHF367.3b | CHF116.5b | CHF17.2b | 26x | 21.3x | 3.2x |
| Wed, 29 Jun 2022 | CHF349.8b | CHF112.5b | CHF17.9b | 26x | 19.6x | 3.1x |
| Fri, 27 May 2022 | CHF359.2b | CHF112.5b | CHF17.9b | 25.7x | 20.1x | 3.2x |
| Sun, 24 Apr 2022 | CHF393.6b | CHF112.6b | CHF17.9b | 27.6x | 22x | 3.5x |
| Tue, 22 Mar 2022 | CHF381.0b | CHF111.9b | CHF17.9b | 28.2x | 21.3x | 3.4x |
| Thu, 17 Feb 2022 | CHF370.6b | CHF109.2b | CHF13.1b | 27.1x | 28.3x | 3.4x |
| Sat, 15 Jan 2022 | CHF383.7b | CHF109.1b | CHF13.1b | 29x | 29.3x | 3.5x |
| Mon, 13 Dec 2021 | CHF396.8b | CHF109.1b | CHF13.1b | 28x | 30.3x | 3.6x |
| Wed, 10 Nov 2021 | CHF388.5b | CHF108.6b | CHF13.0b | 27.3x | 29.8x | 3.6x |
| Fri, 08 Oct 2021 | CHF361.1b | CHF108.6b | CHF13.0b | 25.2x | 27.7x | 3.3x |
| Sun, 05 Sep 2021 | CHF369.4b | CHF109.9b | CHF12.2b | 26.9x | 30.3x | 3.4x |
| Tue, 03 Aug 2021 | CHF364.1b | CHF109.9b | CHF12.2b | 25.6x | 29.8x | 3.3x |
| Fri, 07 May 2021 | CHF350.7b | CHF109.3b | CHF12.1b | 25.4x | 28.9x | 3.2x |
| Mon, 08 Feb 2021 | CHF320.9b | CHF108.9b | CHF12.1b | 24.6x | 26.6x | 2.9x |
Price to Earnings Ratio
28x
Current Industry PE
- Investors are relatively neutral on the Swiss Consumer Staples industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 26.5x.
- The 3-year average PS ratio of 3.1x is higher than the industry's current PS ratio of 2.5x.
Past Earnings Growth
- The earnings for companies in the Consumer Staples industry have declined 2.5% per year over the last three years.
- Meanwhile revenues for these companies have grown 4.1% 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 Trends
Which industries have driven the changes within the Swiss Consumer Staples sector?
| CH Market | 0.65% | |
| Consumer Staples | -0.80% | |
| Food and Staples Retail | 12.63% | |
| Beverage | 0% | |
| Tobacco | 0% | |
| Household Products | 0% | |
| Food | -0.83% | |
| Personal Products | -5.56% | |
Industry PE
- Investors are most optimistic about the Personal Products industry even though it's trading below its 3-year average PE ratio of 292x.
- Analysts are expecting annual earnings growth of 29.9%, which is higher than its past year's earnings decline of 41.4% per year.
Forecasted Growth
- Analysts are most optimistic on the Food and Staples Retail industry, expecting annual earnings growth of 65% over the next 5 years.
- This is better than its past earnings decline of 31% per year.
- In contrast, the Food industry is expected to see its earnings grow by 9.6% 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 | |
|---|---|---|---|---|---|
| NESN Nestlé | CHF99.38 | 0.4% +CHF1.1b | -9.0% | PE27.4x | |
| LISN Chocoladefabriken Lindt & Sprüngli | CHF107.20k | 0.6% +CHF169.0m | 10.9% | PE39.4x | |
| DOCM DocMorris | CHF71.75 | 20.6% +CHF144.1m | 156.1% | PS0.5x | |
| EMMN Emmi | CHF918.00 | 2.0% +CHF96.3m | 12.6% | PE24.3x |
