Calculating The Fair Value Of Marimekko Oyj (HEL:MEKKO)
Jun 01
Finnish (OMX) Consumer Discretionary Sector Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies22
- 7D-3.0%
- 3M-3.4%
- 1Y-2.9%
- YTD1.0%
Over the last 7 days, the Consumer Discretionary industry has dropped 3.0%, driven by Tokmanni Group Oyj declining 14%. In contrast, Nokian Renkaat Oyj has gained 5.9%. As for the longer term, the industry's performance has been flat for the past year. As for the next few years, earnings are expected to grow by 36% per annum.
Sector Valuation and Performance
Has the Finnish Consumer Discretionary Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | €8.8b | €11.7b | €206.2m | 21.3x | 42.5x | 0.7x |
| Sun, 23 Jun 2024 | €9.2b | €11.7b | €231.5m | 25.7x | 39.9x | 0.8x |
| Tue, 21 May 2024 | €9.2b | €11.7b | €232.2m | 24.8x | 39.8x | 0.8x |
| Thu, 18 Apr 2024 | €8.9b | €11.6b | €318.0m | 20.6x | 28x | 0.8x |
| Sat, 16 Mar 2024 | €8.5b | €11.5b | €317.8m | 20.4x | 26.6x | 0.7x |
| Mon, 12 Feb 2024 | €8.5b | €11.7b | €360.4m | 25x | 23.6x | 0.7x |
| Wed, 10 Jan 2024 | €8.7b | €12.1b | €106.0m | 24.8x | 81.7x | 0.7x |
| Fri, 08 Dec 2023 | €8.1b | €12.1b | €107.8m | 23.2x | 74.8x | 0.7x |
| Sun, 05 Nov 2023 | €7.5b | €12.0b | €104.1m | 22.6x | 72.5x | 0.6x |
| Tue, 03 Oct 2023 | €7.8b | €12.2b | €98.8m | 21.4x | 78.8x | 0.6x |
| Thu, 31 Aug 2023 | €8.0b | €12.2b | €99.5m | 21.6x | 80.4x | 0.7x |
| Sat, 29 Jul 2023 | €7.8b | €12.2b | €118.8m | 18.6x | 65.4x | 0.6x |
| Mon, 26 Jun 2023 | €7.5b | €12.4b | €247.5m | 17x | 30.2x | 0.6x |
| Wed, 24 May 2023 | €7.7b | €12.4b | €248.3m | 17.6x | 30.9x | 0.6x |
| Fri, 21 Apr 2023 | €7.9b | €12.5b | €295.8m | 16.1x | 26.7x | 0.6x |
| Sun, 19 Mar 2023 | €5.8b | €9.6b | €101.4m | 16.9x | 57.6x | 0.6x |
| Tue, 14 Feb 2023 | €8.2b | €12.5b | €341.9m | 15.6x | 24.1x | 0.7x |
| Thu, 12 Jan 2023 | €8.0b | €13.0b | €360.0m | 14.7x | 22.2x | 0.6x |
| Sat, 10 Dec 2022 | €7.9b | €13.0b | €360.0m | 13.7x | 22x | 0.6x |
| Mon, 07 Nov 2022 | €7.7b | €12.9b | €364.3m | 13.9x | 21.1x | 0.6x |
| Wed, 05 Oct 2022 | €7.8b | €12.8b | €409.1m | 15.7x | 19x | 0.6x |
| Fri, 02 Sep 2022 | €8.1b | €12.8b | €403.4m | 16.2x | 20.2x | 0.6x |
| Sun, 31 Jul 2022 | €9.2b | €11.5b | €688.1m | 14.9x | 13.4x | 0.8x |
| Tue, 28 Jun 2022 | €9.0b | €12.6b | €644.5m | 14.8x | 14x | 0.7x |
| Thu, 26 May 2022 | €8.8b | €9.6b | €626.9m | 14x | 14x | 0.9x |
| Sat, 23 Apr 2022 | €9.8b | €9.3b | €575.4m | 17.4x | 17x | 1x |
| Mon, 21 Mar 2022 | €11.0b | €9.3b | €625.0m | 16.6x | 17.7x | 1.2x |
| Wed, 16 Feb 2022 | €12.5b | €8.3b | €288.4m | 20.7x | 43.4x | 1.5x |
| Fri, 14 Jan 2022 | €14.4b | €8.1b | €316.3m | 20.9x | 45.6x | 1.8x |
| Sun, 12 Dec 2021 | €13.5b | €8.1b | €316.5m | 19.3x | 42.8x | 1.7x |
| Tue, 09 Nov 2021 | €13.9b | €8.0b | €316.9m | 20.7x | 44x | 1.7x |
| Thu, 07 Oct 2021 | €12.7b | €7.8b | €244.3m | 20.5x | 51.9x | 1.6x |
| Sat, 04 Sep 2021 | €13.6b | €7.5b | €224.3m | 21.4x | 60.6x | 1.8x |
| Mon, 02 Aug 2021 | €13.8b | €7.5b | €224.3m | 22.2x | 61.7x | 1.8x |
Price to Earnings Ratio
61.7x
Current Industry PE
- Investors are optimistic on the Finnish Consumer Discretionary industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 42.5x which is higher than its 3-year average PE of 39.2x.
- The industry is trading close to its 3-year average PS ratio of 0.90x.
Past Earnings Growth
- The earnings for companies in the Consumer Discretionary industry have declined 2.8% per year over the last three years.
- Meanwhile revenues for these companies have grown 16% 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 Finnish Consumer Discretionary sector?
| FI Market | -1.31% | |
| Consumer Discretionary | -3.04% | |
| Auto Components | 3.27% | |
| Leisure | 0.81% | |
| Hospitality | 0.55% | |
| Auto | 0% | |
| Consumer Services | 0% | |
| Online Retail and Ecommerce | 0% | |
| Retail Distributors | -0.93% | |
| Specialty Stores | -2.32% | |
| Consumer Durables | -4.42% | |
| Luxury | -4.94% | |
| General Merchandise and Department Stores | -6.94% | |
Industry PE
- Investors are most optimistic about the Auto Components industry which is trading above its 3-year average PE ratio of 23.9x.
- Analysts are expecting annual earnings growth of 60.0% and investors are willing to pay a premium for that growth.
Forecasted Growth
- Analysts are most optimistic on the Retail Distributors industry, expecting annual earnings growth of 73% over the next 5 years.
- This is better than its past earnings decline of 31% per year.
- In contrast, the Luxury 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 | |
|---|---|---|---|---|---|
| TYRES Nokian Renkaat Oyj | €8.31 | 5.9% +€64.0m | -2.5% | PE194.2x | |
| HARVIA Harvia Oyj | €38.45 | 2.5% +€17.8m | 60.6% | PE29.3x | |
| VIK1V Viking Line Abp | €22.40 | 1.8% +€6.9m | 33.3% | PE14.9x | |
| KAMUX Kamux Oyj | €5.12 | 1.2% +€2.4m | -1.9% | PE18.9x | |
| SPINN Spinnova Oyj | €1.57 | 1.6% +€1.3m | -65.2% | PS7.7x |