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Has the Danish Materials Sector valuation changed over the past few years?
|Mon, 29 Nov 2021||kr.216.8b||kr.32.8b||kr.5.6b||20x|
|Wed, 27 Oct 2021||kr.210.3b||kr.32.3b||kr.5.5b||21.5x|
|Fri, 24 Sep 2021||kr.218.9b||kr.32.0b||kr.5.5b||20x|
|Sun, 22 Aug 2021||kr.228.6b||kr.31.9b||kr.5.5b||21.6x|
|Fri, 09 Jul 2021||kr.219.6b||kr.31.9b||kr.5.5b||20x|
|Thu, 01 Apr 2021||kr.202.1b||kr.31.2b||kr.5.4b||18.8x|
|Sun, 03 Jan 2021||kr.191.4b||kr.30.9b||kr.5.3b||18x|
|Wed, 07 Oct 2020||kr.214.2b||kr.30.8b||kr.5.4b||21.2x|
|Tue, 30 Jun 2020||kr.205.4b||kr.29.7b||kr.5.2b||17.3x|
|Fri, 03 Apr 2020||kr.160.4b||kr.30.1b||kr.5.5b||16.6x|
|Mon, 06 Jan 2020||kr.169.4b||kr.30.0b||kr.5.3b||23.7x|
|Thu, 10 Oct 2019||kr.165.4b||kr.30.4b||kr.5.4b||21.7x|
|Wed, 03 Jul 2019||kr.176.4b||kr.31.8b||kr.5.6b||25.5x|
|Sat, 06 Apr 2019||kr.183.7b||kr.31.6b||kr.5.3b||27.4x|
|Tue, 08 Jan 2019||kr.166.1b||kr.31.2b||kr.5.4b||22.1x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 21.0x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Materials industry have remained mostly flat over the last three years, while revenues for these companies have grown 2.2% 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 and as a result, profits have held steady.
Which industries have driven the changes within the Danish Materials sector?
Industry PE: Investors are most optimistic about the Chemicals industry which is trading above its 3-year average PE ratio of 29.8x. However analysts are expecting annual earnings growth of 7.0%, which is lower than the prior year's growth of 22% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Packaging industry, which is trading below its 3-year average of 15.1x.
Forecasted Growth: Analysts are most optimistic on the Basic Materials industry, expecting annual earnings growth of 13% over the next 5 years. Meanwhile, the Packaging industry is expected to see its earnings grow by 6.7% per year over the next few years.
Which companies have driven the market over the last 7 days?
|SPG SP Group||1.0%+kr.45.9m||75.7%||PE26.6x|
Chr. Hansen Holding