There May Be Underlying Issues With The Quality Of Infortar's (TAL:INF1T) Earnings
May 02
Estonia (OMX) Utilities Sector Analysis
UpdatedMay 05, 2024
DataAggregated Company Financials
Companies3
- 7D0.3%
- 3M10.6%
- 1Y-29.0%
- YTD10.0%
In the last week, Utilities has been flat. As for the longer term, the industry has declined 29% in the last year. Looking forward, earnings are forecast to grow by 11% annually.
Sector Valuation and Performance
Has the Estonia Utilities Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 05 May 2024 | €1.9b | €1.4b | €365.3m | 14.6x | 5.1x | 1.4x |
| Tue, 02 Apr 2024 | €1.7b | €1.4b | €362.4m | 14.9x | 4.8x | 1.3x |
| Thu, 29 Feb 2024 | €1.9b | €1.5b | €352.6m | 12.8x | 5.3x | 1.2x |
| Sat, 27 Jan 2024 | €1.7b | €1.5b | €352.0m | 13x | 4.8x | 1.1x |
| Mon, 25 Dec 2023 | €1.1b | €304.9m | €84.3m | 15.1x | 13.5x | 3.7x |
| Wed, 22 Nov 2023 | €1.1b | €307.7m | €84.3m | 15.1x | 13.5x | 3.7x |
| Fri, 20 Oct 2023 | €1.3b | €319.4m | €100.4m | 16.2x | 12.5x | 3.9x |
| Sun, 17 Sep 2023 | €1.3b | €319.4m | €100.4m | 16.3x | 12.9x | 4.1x |
| Tue, 15 Aug 2023 | €1.3b | €319.4m | €100.4m | 17x | 12.7x | 4x |
| Thu, 13 Jul 2023 | €1.4b | €324.1m | €114.8m | 18.6x | 12.1x | 4.3x |
| Sat, 10 Jun 2023 | €1.4b | €324.1m | €114.8m | 19.1x | 12.5x | 4.4x |
| Mon, 08 May 2023 | €1.5b | €324.1m | €114.8m | 20.4x | 13.1x | 4.7x |
| Wed, 05 Apr 2023 | €1.4b | €311.6m | €118.6m | 20.3x | 12x | 4.6x |
| Fri, 03 Mar 2023 | €1.4b | €311.6m | €118.6m | 20.5x | 12x | 4.6x |
| Sun, 29 Jan 2023 | €1.4b | €297.0m | €122.6m | 20.6x | 11.6x | 4.8x |
| Tue, 27 Dec 2022 | €1.4b | €295.9m | €123.4m | 18.7x | 11.4x | 4.8x |
| Thu, 24 Nov 2022 | €1.4b | €295.9m | €123.4m | 18.6x | 11.1x | 4.6x |
| Sat, 22 Oct 2022 | €1.3b | €272.2m | €118.9m | 15.2x | 11.2x | 4.9x |
| Mon, 19 Sep 2022 | €1.4b | €272.2m | €118.9m | 15.8x | 12.1x | 5.3x |
| Wed, 17 Aug 2022 | €1.5b | €272.2m | €118.9m | 16.4x | 12.8x | 5.6x |
| Fri, 15 Jul 2022 | €1.3b | €261.2m | €113.5m | 14.5x | 11.6x | 5x |
| Sun, 12 Jun 2022 | €1.3b | €261.2m | €113.5m | 15x | 11.7x | 5.1x |
| Tue, 10 May 2022 | €1.3b | €261.2m | €113.5m | 14.7x | 11.6x | 5x |
| Thu, 07 Apr 2022 | €1.3b | €206.3m | €95.8m | 15.1x | 13.9x | 6.4x |
| Sat, 05 Mar 2022 | €1.2b | €197.2m | €72.7m | 16.7x | 16.6x | 6.1x |
| Mon, 31 Jan 2022 | €1.3b | €197.2m | €72.7m | 17.6x | 17.8x | 6.6x |
| Wed, 29 Dec 2021 | €1.3b | €195.4m | €74.9m | 17.2x | 18x | 6.9x |
| Fri, 26 Nov 2021 | €1.4b | €195.4m | €74.9m | 17.6x | 18.6x | 7.1x |
| Sun, 24 Oct 2021 | €293.2m | €51.2m | €18.6m | 15.7x | 15.7x | 5.7x |
| Tue, 21 Sep 2021 | €299.2m | €51.2m | €18.6m | 16x | 16x | 5.8x |
| Thu, 19 Aug 2021 | €289.6m | €51.2m | €18.6m | 15.5x | 15.5x | 5.7x |
| Thu, 03 Jun 2021 | €286.8m | €50.3m | €15.7m | 18.2x | 18.2x | 5.7x |
Price to Earnings Ratio
18.2x
Current Industry PE
- There are only 3 companies in the Estonian Utilities industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- The earnings for companies in the Utilities industry have grown 185% per year over the last three years.
- Revenues for these companies have grown 201% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Estonia Utilities sector?
| EE Market | -0.21% | |
| Utilities | 0.28% | |
| Water Utilities | 0.94% | |
| Renewable Energy | 0.75% | |
| Electric Utilities | 0% | |
| Gas Utilities | 0% | |
| Other Utilities | 0% | |
Industry PE
- Investors are most optimistic about the Water Utilities industry even though it's trading below its 3-year average PE ratio of 20.5x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Renewable Energy industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 12.3x.
Forecasted Growth
- Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 11% over the next 5 years.
- This is better than its past earnings decline of 49% per year.
- In contrast, the Renewable Energy industry is expected to see its earnings grow by 11% 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 | |
|---|---|---|---|---|---|
| EGR1T Enefit Green | €3.24 | 0.7% +€6.3m | -31.3% | PE14.6x | |
| TVE1T AS Tallinna Vesi | €10.70 | 0.9% +€2.0m | -18.3% | PE16.7x |
