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Spanish (IBEX) Financials Sector Analysis

UpdatedNov 28, 2021
DataAggregated Company Financials
Companies23
  • 7D-8.7%
  • 3M-11.2%
  • 1Y15.9%
  • YTD11.5%

Over the last 7 days, the Financials industry has dropped 7.6%, driven by a pullback from Banco Santander of 9.0%. This takes the industry's 12 month performance to a gain of 14%.

Sector Valuation and Performance

Has the Spanish Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Tue, 30 Nov 2021€122.6b€96.3b€17.7b13.9x
Thu, 28 Oct 2021€140.1b€93.0b€15.3b14.2x
Sat, 25 Sep 2021€139.2b€92.9b€15.2b14.9x
Mon, 23 Aug 2021€138.0b€92.7b€15.1b14.4x
Sat, 10 Jul 2021€135.6b€92.7b€15.1b14.3x
Fri, 02 Apr 2021€123.9b€86.1b€2.1b19.9x
Mon, 04 Jan 2021€102.7b€83.5b-€4,577,174,495.0017.6x
Thu, 08 Oct 2020€69.5b€86.0b-€1,976,774,668.0016.3x
Wed, 01 Jul 2020€85.1b€89.1b-€2,795,811,996.0015.7x
Sat, 04 Apr 2020€83.6b€96.0b€11.0b13.2x
Tue, 07 Jan 2020€140.6b€101.3b€13.9b14.7x
Mon, 30 Sep 2019€134.9b€101.3b€14.0b12.4x
Thu, 04 Jul 2019€141.7b€101.7b€15.3b12.5x
Sun, 07 Apr 2019€145.6b€100.5b€15.8b13.9x
Wed, 09 Jan 2019€142.7b€98.5b€15.5b13.4x
PE Ratio

12.5x

Total Market Cap: €150.8bTotal Earnings: €15.0bTotal Revenue: €100.3b0%0%0%3 Year10 Year
201920202021

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 14.9x. However, future earnings are expected to decline by 1.5% which could potentially cause the PE ratio to fall below its historical average.

Past Earnings Growth: The earnings for companies in the Financials industry have grown 5.6% per year over the last three years, while revenues have remained mostly flat. This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Spanish Financials sector?

Diversified Financial-1.11%
Capital Markets-2.27%
Insurance-4.83%
Banks-9.34%

Industry PE: Investors are most optimistic about the Diversified Financial industry which is trading above its 3-year average PE ratio of 22.2x. This is likely because analysts are expecting annual earnings growth of 29%, which is higher than its past year's earnings decline of 50% per year. Meanwhile, investors are most pessimistic about the Banks industry, which is trading below its 3-year average of 10.3x.

Forecasted Growth: Analysts are most optimistic on the Diversified Financial industry, expecting annual earnings growth of 29% over the next 5 years. This is better than its past earnings decline of 50% per year. Meanwhile, the Banks industry is expected to see its earnings decline by 2.4% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
YCPS Castellana Properties Socimi0.8%+€4.3m18.2%PE140.8x
YINB3 Inbest Prime III Inmuebles SOCIMI0%€122.8k0%PB1.1x
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