Miquel y Costas & Miquel (BME:MCM) Will Pay A Larger Dividend Than Last Year At €0.0934
Apr 12
Spanish (IBEX) Materials Sector Analysis
UpdatedApr 16, 2024
DataAggregated Company Financials
Companies12
- 7D1.0%
- 3M7.5%
- 1Y2.6%
- YTD2.4%
Over the last 7 days, the Materials industry has risen 1.0%, driven by gains from Vidrala of 3.9%. Meanwhile, ENCE Energía y Celulosa actually underperformed within the industry, shrinking 5.5% in the last week. Despite this gain, the industry's performance has been flat over the past year. Looking forward, earnings are forecast to grow by 15% annually.
Sector Valuation and Performance
Has the Spanish Materials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 17 Apr 2024 | €9.2b | €12.8b | €800.8m | 10.8x | 11.4x | 0.7x |
| Fri, 15 Mar 2024 | €8.8b | €12.8b | €799.6m | 10.3x | 11x | 0.7x |
| Sun, 11 Feb 2024 | €8.9b | €13.2b | €902.0m | 10.5x | 9.9x | 0.7x |
| Tue, 09 Jan 2024 | €8.8b | €13.2b | €902.0m | 11.4x | 9.7x | 0.7x |
| Thu, 07 Dec 2023 | €8.6b | €13.1b | €904.6m | 10.9x | 9.5x | 0.7x |
| Sat, 04 Nov 2023 | €7.8b | €13.8b | €983.3m | 7.3x | 8x | 0.6x |
| Mon, 02 Oct 2023 | €8.0b | €13.9b | €964.9m | 9.4x | 8.3x | 0.6x |
| Wed, 30 Aug 2023 | €8.1b | €13.9b | €940.7m | 9x | 8.6x | 0.6x |
| Fri, 28 Jul 2023 | €8.4b | €14.1b | €996.1m | 10.4x | 8.4x | 0.6x |
| Sun, 25 Jun 2023 | €8.3b | €14.7b | €1.1b | 8.8x | 7.2x | 0.6x |
| Tue, 23 May 2023 | €8.6b | €15.3b | €1.3b | 8.9x | 6.7x | 0.6x |
| Thu, 20 Apr 2023 | €8.9b | €15.1b | €1.2b | 10.1x | 7.1x | 0.6x |
| Sat, 18 Mar 2023 | €8.5b | €15.1b | €1.2b | 10.1x | 6.8x | 0.6x |
| Mon, 13 Feb 2023 | €8.7b | €14.9b | €1.4b | 12.5x | 6.3x | 0.6x |
| Wed, 11 Jan 2023 | €8.4b | €14.9b | €1.4b | 10.6x | 6.1x | 0.6x |
| Fri, 09 Dec 2022 | €7.9b | €14.9b | €1.4b | 10.7x | 5.7x | 0.5x |
| Sun, 06 Nov 2022 | €7.9b | €14.8b | €1.4b | 11.1x | 5.7x | 0.5x |
| Tue, 04 Oct 2022 | €6.9b | €14.3b | €1.4b | 11.1x | 5x | 0.5x |
| Thu, 01 Sep 2022 | €7.4b | €14.2b | €1.4b | 9.8x | 5.3x | 0.5x |
| Sat, 30 Jul 2022 | €7.6b | €14.0b | €1.2b | 9.3x | 6.5x | 0.5x |
| Mon, 27 Jun 2022 | €8.0b | €12.7b | €946.7m | 9.8x | 8.4x | 0.6x |
| Wed, 25 May 2022 | €8.3b | €12.7b | €946.7m | 9.6x | 8.8x | 0.7x |
| Fri, 22 Apr 2022 | €8.1b | €11.5b | €737.8m | 9.9x | 10.9x | 0.7x |
| Sun, 20 Mar 2022 | €7.7b | €11.5b | €737.8m | 9.5x | 10.4x | 0.7x |
| Tue, 15 Feb 2022 | €8.4b | €10.5b | €596.8m | 9.9x | 14x | 0.8x |
| Thu, 13 Jan 2022 | €9.0b | €10.5b | €596.8m | 10x | 15.1x | 0.9x |
| Sat, 11 Dec 2021 | €8.1b | €10.5b | €596.9m | 9.9x | 13.6x | 0.8x |
| Mon, 08 Nov 2021 | €8.7b | €10.5b | €595.6m | 10.1x | 14.7x | 0.8x |
| Wed, 06 Oct 2021 | €8.8b | €9.7b | €427.0m | 12.2x | 20.6x | 0.9x |
| Fri, 03 Sep 2021 | €9.0b | €9.7b | €588.6m | 14x | 15.3x | 0.9x |
| Sun, 01 Aug 2021 | €9.0b | €9.7b | €588.6m | 14.1x | 15.3x | 0.9x |
| Wed, 05 May 2021 | €8.9b | €9.2b | €404.9m | 16.5x | 22.1x | 1x |
Price to Earnings Ratio
22.1x
Current Industry PE
- Investors are relatively neutral on the Spanish Materials industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 10.5x.
- The industry is trading close to its 3-year average PS ratio of 0.68x.
Past Earnings Growth
- The earnings for companies in the Materials industry have grown 26% per year over the last three years.
- Revenues for these companies have grown 12% 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 Spanish Materials sector?
| ES Market | -1.64% | |
| Materials | 1.05% | |
| Packaging | 3.87% | |
| Metals and Mining | 0.86% | |
| Chemicals | -0.42% | |
| Basic Materials | -0.99% | |
| Paper and Forestry Products | -2.28% | |
Industry PE
- Investors are most optimistic about the Paper and Forestry Products industry which is trading above its 3-year average PE ratio of 12.3x.
- Analysts are expecting annual earnings growth of 36.7%, which is lower than the prior year's growth of 116.3% per year.
- Investors are most pessimistic about the Basic Materials industry, which is trading below its 3-year average of 9.5x.
Forecasted Growth
- Analysts are most optimistic on the Paper and Forestry Products industry, expecting annual earnings growth of 37% over the next 5 years.
- However this is lower than its past earnings growth rate of 116% per year.
- In contrast, the Packaging industry is expected to see its earnings grow by 4.9% 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 | |
|---|---|---|---|---|---|
| VID Vidrala | €96.20 | 4.5% +€132.3m | 3.3% | PE13.3x | |
| MCM Miquel y Costas & Miquel | €12.00 | 2.6% +€11.5m | -3.5% | PE10.7x | |
| IBG Iberpapel Gestión | €18.75 | 1.6% +€3.2m | 17.2% | PE4.3x | |
| TRG Tubos Reunidos | €0.66 | 1.2% +€1.4m | -25.0% | PE2x | |
| KOM Plásticos Compuestos | €0.82 | 4.5% +€420.0k | -17.2% | PS0.2x |
