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Spanish (IBEX) Materials Sector Analysis

UpdatedDec 02, 2021
DataAggregated Company Financials
  • 7D-3.8%
  • 3M-9.0%
  • 1Y7.3%
  • YTD1.9%

Over the last 7 days, the Materials industry has dropped 4.8%, driven by a decline by Acerinox of 8.6%. This takes the industry's 12 month performance to a gain of 7.6%.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Thu, 02 Dec 2021€8.2b€10.5b€596.9m10.2x
Sat, 30 Oct 2021€8.9b€9.7b€445.6m13x
Mon, 27 Sep 2021€8.9b€9.6b€590.0m12x
Wed, 25 Aug 2021€9.0b€9.7b€588.6m13.9x
Thu, 01 Jul 2021€8.9b€9.7b€588.6m13.2x
Sun, 04 Apr 2021€8.9b€9.2b€404.9m16.1x
Wed, 06 Jan 2021€8.0b€8.9b€340.1m28.1x
Sat, 10 Oct 2020€6.8b€8.8b€120.9m11.7x
Fri, 03 Jul 2020€6.9b€9.0b€163.5m12.3x
Mon, 06 Apr 2020€6.4b€9.6b€251.2m10x
Thu, 09 Jan 2020€8.6b€9.7b€299.4m12.8x
Wed, 02 Oct 2019€7.3b€9.9b€529.3m12.9x
Sat, 06 Jul 2019€7.9b€9.8b€599.6m11.8x
Tue, 09 Apr 2019€8.3b€9.9b€665.6m11.8x
Mon, 31 Dec 2018€8.3b€9.9b€699.7m12.5x
PE Ratio


Total Market Cap: €8.6bTotal Earnings: €726.9mTotal Revenue: €9.8b0%0%0%3 Year10 Year

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 13.9x. 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 declined 6.4% per year over the last three years, while revenues for these companies have grown 2.3% 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 Spanish Materials sector?

Paper and Forestry Products0.82%
Basic Materials-1.07%
Metals and Mining-6.42%

Industry PE: Investors are most optimistic about the Packaging industry even though it's trading below its 3-year average PE ratio of 16.6x. However analysts are expecting annual earnings growth of 4.8%, which is lower than the prior year's growth of 30% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Metals and Mining industry, which is trading below its 3-year average of 11.0x.

Forecasted Growth: Analysts are most optimistic on the Paper and Forestry Products industry, expecting annual earnings growth of 55% over the next 5 years. However this is lower than its past earnings growth rate of 76% per year. Meanwhile, the Metals and Mining industry is expected to see its earnings decline by 2.1% per year over the next few years.

Top Stock Gainers and Losers

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

ENC ENCE Energía y Celulosa3.5%+€18.4m-29.2%PS0.7x
Simply Wall St
Simply Wall Street Pty Ltd
17-21 Bellevue Street, Surry Hills, Sydney
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