CEZ a. s (SEP:CEZ) Is Looking To Continue Growing Its Returns On Capital
May 24
Czech (PX) Market Analysis & Valuation
UpdatedJun 06, 2023
DataAggregated Company Financials
Companies26
- 7D0.4%
- 3M0.5%
- 1Y-8.5%
- YTD20.9%
The market has been flat over the last week. The past year hasn't been profitable, with the market dropping 8.5%. As for the next few years, earnings are forecast to decline by 12% per annum.
Market Valuation and Performance
Has the Czech Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 06 Jun 2023 | Kč815.4b | Kč400.5b | Kč94.2b | 10.4x | 8.7x | 2x |
| Thu, 04 May 2023 | Kč893.5b | Kč382.6b | Kč110.0b | 10.3x | 8.1x | 2.3x |
| Sat, 01 Apr 2023 | Kč837.8b | Kč379.9b | Kč109.2b | 12.1x | 7.7x | 2.2x |
| Mon, 27 Feb 2023 | Kč825.9b | Kč373.4b | Kč83.9b | 10.5x | 9.8x | 2.2x |
| Wed, 25 Jan 2023 | Kč717.2b | Kč372.4b | Kč83.5b | 10.5x | 8.6x | 1.9x |
| Fri, 23 Dec 2022 | Kč656.1b | Kč372.3b | Kč83.4b | 12.7x | 7.9x | 1.8x |
| Sun, 20 Nov 2022 | Kč705.4b | Kč371.8b | Kč83.6b | 11.7x | 8.4x | 1.9x |
| Tue, 18 Oct 2022 | Kč661.0b | Kč337.5b | Kč69.0b | 11.5x | 9.6x | 2x |
| Thu, 15 Sep 2022 | Kč781.7b | Kč335.6b | Kč68.6b | 14.9x | 11.4x | 2.3x |
| Sat, 13 Aug 2022 | Kč838.0b | Kč330.8b | Kč68.6b | 15.4x | 12.2x | 2.5x |
| Mon, 11 Jul 2022 | Kč794.2b | Kč325.2b | Kč52.2b | 16.8x | 15.2x | 2.4x |
| Wed, 08 Jun 2022 | Kč893.7b | Kč323.7b | Kč51.9b | 19.7x | 17.2x | 2.8x |
| Fri, 06 May 2022 | Kč816.0b | Kč304.3b | Kč32.1b | 21.2x | 25.5x | 2.7x |
| Sun, 03 Apr 2022 | Kč886.5b | Kč344.3b | Kč37.6b | 16.9x | 23.6x | 2.6x |
| Tue, 01 Mar 2022 | Kč836.4b | Kč328.7b | Kč26.8b | 16.4x | 31.2x | 2.5x |
| Thu, 27 Jan 2022 | Kč828.1b | Kč324.9b | Kč24.3b | 16.3x | 34x | 2.5x |
| Sat, 25 Dec 2021 | Kč834.4b | Kč326.0b | Kč24.6b | 15.9x | 34x | 2.6x |
| Mon, 22 Nov 2021 | Kč767.3b | Kč324.6b | Kč24.1b | 16x | 31.8x | 2.4x |
| Wed, 20 Oct 2021 | Kč774.5b | Kč322.0b | Kč15.3b | 17.4x | 50.6x | 2.4x |
| Fri, 17 Sep 2021 | Kč743.5b | Kč321.4b | Kč15.4b | 16x | 48.2x | 2.3x |
| Sun, 15 Aug 2021 | Kč697.1b | Kč321.4b | Kč15.4b | 15.9x | 45.3x | 2.2x |
| Thu, 10 Jun 2021 | Kč681.1b | Kč318.3b | Kč20.8b | 16.1x | 32.8x | 2.1x |
| Wed, 03 Mar 2021 | Kč600.7b | Kč315.7b | Kč26.7b | 15.9x | 22.5x | 1.9x |
| Sat, 05 Dec 2020 | Kč528.6b | Kč317.9b | Kč37.6b | 12.5x | 14.1x | 1.7x |
| Tue, 08 Sep 2020 | Kč485.1b | Kč312.0b | Kč40.5b | 10.9x | 12x | 1.6x |
Price to Earnings Ratio
12.7x
Current Market PE
- Investors are pessimistic on the Czech market, indicating that they anticipate earnings will not grow as fast as they have historically.
- The market is trading at a PE ratio of 8.7x which is lower than its 3-year average PE of 21.6x.
Past Earnings Growth
- The earnings for Czech listed companies have grown 33% per year over the last three years.
- Revenues for these companies have grown 8.7% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Sector Trends
Which sectors have driven the changes within the Czech Market?
| CZ Market | 0.40% | |
| Financials | 1.54% | |
| Industrials | 0.53% | |
| Utilities | 0.094% | |
| Consumer Staples | 0.057% | |
| Energy | 0% | |
| Real Estate | 0% | |
| Healthcare | 0% | |
| Telecom | 0% | |
| Consumer Discretionary | -0.42% | |
| Materials | -0.83% | |
| Tech | -2.68% | |
Sector PE
- Investors favour the Tech sector the most for future growth even though it's trading below its 3-year average PE ratio of 83.0x.
- It looks like investors are confident that earnings will grow faster in the future than they have historically.
- The Financials sector is the least preferred by investors for future growth, which is trading below its 3-year average of 11.9x.
Forecasted Growth
- Analysts are most optimistic on the Consumer Staples sector, expecting annual earnings growth of 3.4% over the next 5 years.
- However this is lower than its past earnings growth rate of 20% per year.
- In contrast, the Utilities sector is expected to see its earnings decline by 16% 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 | Sector | |
|---|---|---|---|---|---|---|
| KOMB Komercní banka | Kč678.00 | 1.6% +Kč2.1b | -6.6% | PB1x | Financials | |
| MONET MONETA Money Bank | Kč79.70 | 1.5% +Kč613.2m | 3.8% | PB1.3x | Financials | |
| CEZ CEZ a. s | Kč1.03k | 0.1% +Kč536.8m | -10.7% | PE8.5x | Utilities | |
| CZG Colt CZ Group | Kč593.00 | 1.4% +Kč275.7m | -1.7% | PE10x | Industrials | |
| SABFG SAB Finance | Kč1.05k | 2.9% +Kč77.3m | -0.9% | PE10.7x | Financials |
Market Insights
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