HORNBACH Holding AG & Co. KGaA's (ETR:HBH) Earnings Are Not Doing Enough For Some Investors
Jul 21
German (DAX) Specialty Stores Industry Analysis
UpdatedAug 26, 2024
DataAggregated Company Financials
Companies22
- 7D3.0%
- 3M1.2%
- 1Y-4.0%
- YTD6.2%
The Specialty Stores industry is up 3.0% in the last week, with Zalando up 3.6%. However, the industry is down 4.0% over the past year. As for the next few years, earnings are expected to grow by 36% per annum.
Industry Valuation and Performance
Has the German Specialty Stores Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 27 Aug 2024 | €21.2b | €61.1b | €203.0m | 21.8x | 104.2x | 0.3x |
| Thu, 25 Jul 2024 | €20.2b | €60.6b | €163.3m | 24.3x | 123.4x | 0.3x |
| Sat, 22 Jun 2024 | €20.0b | €60.6b | €120.1m | 24.6x | 166.3x | 0.3x |
| Mon, 20 May 2024 | €19.0b | €56.4b | €43.5m | 29.8x | 438x | 0.3x |
| Wed, 17 Apr 2024 | €18.1b | €56.0b | -€233,360,503.00 | 30.6x | -77.7x | 0.3x |
| Fri, 15 Mar 2024 | €16.5b | €56.1b | -€205,256,503.00 | 30.1x | -80.6x | 0.3x |
| Sun, 11 Feb 2024 | €15.6b | €56.4b | -€166,356,503.00 | 29.6x | -93.5x | 0.3x |
| Tue, 09 Jan 2024 | €17.1b | €57.1b | -€278,356,503.00 | 31.4x | -61.5x | 0.3x |
| Thu, 07 Dec 2023 | €17.6b | €57.1b | -€168,471,836.00 | 41.9x | -104.7x | 0.3x |
| Sat, 04 Nov 2023 | €17.2b | €57.5b | -€250,687,836.00 | 45.3x | -68.6x | 0.3x |
| Mon, 02 Oct 2023 | €17.3b | €57.5b | -€267,992,836.00 | 47.1x | -64.5x | 0.3x |
| Wed, 30 Aug 2023 | €20.3b | €57.9b | -€284,481,836.00 | 54.4x | -71.4x | 0.4x |
| Fri, 28 Jul 2023 | €22.1b | €58.2b | -€257,666,173.00 | 13.8x | -85.8x | 0.4x |
| Sun, 25 Jun 2023 | €20.2b | €60.3b | -€298,017,222.00 | 14.5x | -67.9x | 0.3x |
| Tue, 23 May 2023 | €21.6b | €60.3b | -€261,182,557.00 | 14.9x | -82.7x | 0.4x |
| Thu, 20 Apr 2023 | €22.8b | €59.6b | -€129,022,557.00 | 9.2x | -176.4x | 0.4x |
| Sat, 18 Mar 2023 | €8.9b | €42.3b | €348.1m | 9.3x | 25.5x | 0.2x |
| Mon, 13 Feb 2023 | €8.9b | €42.2b | €348.1m | 9.1x | 25.4x | 0.2x |
| Wed, 11 Jan 2023 | €9.2b | €42.2b | €348.1m | 9.2x | 26.4x | 0.2x |
| Fri, 09 Dec 2022 | €8.8b | €42.0b | €274.5m | 21.3x | 32.2x | 0.2x |
| Sun, 06 Nov 2022 | €8.0b | €42.0b | €296.7m | 17.9x | 27x | 0.2x |
| Tue, 04 Oct 2022 | €7.4b | €41.5b | €327.0m | 12.2x | 22.6x | 0.2x |
| Thu, 01 Sep 2022 | €8.9b | €40.8b | €343.2m | 14.6x | 25.9x | 0.2x |
| Sat, 30 Jul 2022 | €9.0b | €40.4b | €392.2m | 12.4x | 23x | 0.2x |
| Mon, 27 Jun 2022 | €10.1b | €40.3b | €389.3m | 13.7x | 25.8x | 0.2x |
| Wed, 25 May 2022 | €10.6b | €40.3b | €389.3m | 12.7x | 27.2x | 0.3x |
| Fri, 22 Apr 2022 | €11.9b | €38.3b | €261.0m | 11.6x | 45.6x | 0.3x |
| Sun, 20 Mar 2022 | €11.6b | €37.0b | €274.9m | 11.6x | 42.4x | 0.3x |
| Tue, 15 Feb 2022 | €12.7b | €37.0b | €274.9m | 12.6x | 46.2x | 0.3x |
| Thu, 13 Jan 2022 | €14.4b | €37.7b | €305.9m | 12.7x | 47.1x | 0.4x |
| Sat, 11 Dec 2021 | €15.6b | €38.2b | €243.1m | 12.3x | 64.1x | 0.4x |
| Mon, 08 Nov 2021 | €17.3b | €37.7b | €260.3m | 10.8x | 66.3x | 0.5x |
| Wed, 06 Oct 2021 | €15.8b | €37.7b | €259.5m | 9.7x | 60.9x | 0.4x |
| Fri, 03 Sep 2021 | €10.4b | €33.9b | €631.1m | 9.2x | 16.5x | 0.3x |
Price to Earnings Ratio
16.5x
Current Industry PE
- Investors are optimistic on the German Specialty Retail industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 104x which is higher than its 3-year average PE of 2.6x.
- The industry is trading close to its 3-year average PS ratio of 0.31x.
Past Earnings Growth
- The earnings for companies in the Specialty Retail industry have declined 31% per year over the last three years.
- Meanwhile revenues for these companies have grown 22% 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 German Consumer Discretionary industry?
| DE Market | 1.32% | |
| Consumer Discretionary | 2.24% | |
| Specialty Stores | 3.01% | |
| Apparel Retail | 6.42% | |
| Specialty Stores | 3.02% | |
| Home Improvement Retail | 1.06% | |
| Computer and Electronics Retail | -1.52% | |
| Automotive Retail | -1.83% | |
| Home Furnishing Retail | -3.57% | |
Industry PE
- Investors are most optimistic about the Home Improvement Retail industry which is trading above its 3-year average PE ratio of 10.8x.
- Analysts are expecting annual earnings growth of 7.8%, which is higher than its past year's earnings decline of 4.0% per year.
Forecasted Growth
- Analysts are most optimistic on the Automotive Retail industry, expecting annual earnings growth of 112% over the next 5 years.
- However this is lower than its past earnings growth rate of 331% per year.
- In contrast, the Home Improvement Retail industry is expected to see its earnings grow by 7.8% 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 | |
|---|---|---|---|---|---|
| ZAL Zalando | €24.89 | 4.1% +€254.2m | -8.1% | PE42.1x | |
| DOU Douglas | €21.30 | 6.1% +€131.4m | n/a | PS0.5x | |
| ZO1 zooplus | €226.00 | 7.6% +€114.4m | -19.7% | n/a | |
| FIE Fielmann Group | €42.00 | 2.2% +€75.6m | -4.5% | PE26.8x | |
| HBH HORNBACH Holding KGaA | €80.00 | 1.4% +€17.6m | 14.0% | PE8.3x |
