Earnings Miss: Marimekko Oyj Missed EPS By 9.7% And Analysts Are Revising Their Forecasts
Nov 09
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Finnish (OMX) Luxury Industry Analysis
UpdatedDec 22, 2024
DataAggregated Company Financials
Companies3
- 7D-1.9%
- 3M-8.5%
- 1Y-19.8%
- YTD-19.9%
In the last week, the Luxury industry is up 4.3%, with Marimekko Oyj up 4.3%. In the same time, Piippo Oyj was down 8.1%. In contrast, the industry has lost 13% in the last 12 months. Looking forward, earnings are forecast to grow by 16% annually.
Industry Valuation and Performance
Has the Finnish Luxury Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 23 Dec 2024 | €534.2m | €194.7m | €2.9m | 20.8x | 184x | 2.7x |
| Wed, 20 Nov 2024 | €518.7m | €194.7m | €2.5m | 19.8x | 206.1x | 2.7x |
| Fri, 18 Oct 2024 | €604.1m | €195.3m | €4.4m | 21x | 136.4x | 3.1x |
| Sun, 15 Sep 2024 | €570.9m | €195.3m | €4.4m | 19.5x | 128.9x | 2.9x |
| Tue, 13 Aug 2024 | €614.5m | €200.4m | €3.0m | 21x | 203x | 3.1x |
| Thu, 11 Jul 2024 | €665.0m | €200.4m | €3.0m | 23.2x | 219.6x | 3.3x |
| Sat, 08 Jun 2024 | €686.8m | €200.4m | €3.0m | 23.7x | 226.8x | 3.4x |
| Mon, 06 May 2024 | €611.0m | €199.8m | €1.9m | 22.3x | 315.8x | 3.1x |
| Wed, 03 Apr 2024 | €589.6m | €199.8m | €1.9m | 21.2x | 304.8x | 3x |
| Fri, 01 Mar 2024 | €579.5m | €214.6m | €4.4m | 20.3x | 131.7x | 2.7x |
| Sun, 28 Jan 2024 | €661.4m | €212.4m | €2.3m | 24.9x | 282.6x | 3.1x |
| Tue, 26 Dec 2023 | €665.8m | €212.4m | €2.3m | 25.4x | 284.4x | 3.1x |
| Thu, 23 Nov 2023 | €578.7m | €215.8m | €4.1m | 22.5x | 140.6x | 2.7x |
| Sat, 21 Oct 2023 | €546.6m | €212.0m | €2.6m | 21.5x | 207x | 2.6x |
| Mon, 18 Sep 2023 | €641.1m | €212.0m | €2.6m | 21.8x | 242.8x | 3x |
| Wed, 16 Aug 2023 | €581.8m | €208.5m | €5.7m | 17.8x | 102.5x | 2.8x |
| Fri, 14 Jul 2023 | €622.8m | €208.5m | €5.7m | 18.3x | 109.8x | 3x |
| Sun, 11 Jun 2023 | €630.9m | €208.4m | €5.7m | 18.9x | 111.2x | 3x |
| Tue, 09 May 2023 | €684.4m | €213.1m | €9.0m | 13.2x | 75.7x | 3.2x |
| Thu, 06 Apr 2023 | €692.7m | €213.1m | €9.0m | 13.1x | 76.6x | 3.2x |
| Sat, 04 Mar 2023 | €679.3m | €213.1m | €9.0m | 12.7x | 75.1x | 3.2x |
| Mon, 30 Jan 2023 | €754.2m | €201.8m | €12.4m | 12.5x | 60.7x | 3.7x |
| Wed, 28 Dec 2022 | €660.5m | €201.8m | €12.4m | 12.1x | 53.2x | 3.3x |
| Fri, 25 Nov 2022 | €752.3m | €197.3m | €12.1m | 30.6x | 62.4x | 3.8x |
| Sun, 23 Oct 2022 | €580.4m | €195.6m | €13.7m | 29.8x | 42.5x | 3x |
| Tue, 20 Sep 2022 | €667.6m | €195.6m | €13.7m | 30.3x | 48.8x | 3.4x |
| Thu, 18 Aug 2022 | €843.9m | €183.0m | €9.7m | 32.6x | 87.1x | 4.6x |
| Sat, 16 Jul 2022 | €871.8m | €183.0m | €9.7m | 32.7x | 90x | 4.8x |
| Mon, 13 Jun 2022 | €903.9m | €183.0m | €9.7m | 33.9x | 93.3x | 4.9x |
| Wed, 11 May 2022 | €811.3m | €176.1m | €9.1m | 30.3x | 89.4x | 4.6x |
| Fri, 08 Apr 2022 | €1.1b | €176.1m | €9.1m | 36.3x | 116.1x | 6x |
| Sun, 06 Mar 2022 | €945.2m | €176.1m | €9.1m | 32.5x | 104.2x | 5.4x |
| Tue, 01 Feb 2022 | €1.2b | €159.8m | €8.7m | 38.6x | 132.3x | 7.2x |
| Thu, 30 Dec 2021 | €1.4b | €159.4m | €8.9m | 21.8x | 153x | 8.6x |
Price to Earnings Ratio
153x
Current Industry PE
- There are only 3 companies in the Finnish Luxury 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 Luxury industry have declined 34% per year over the last three years.
- Meanwhile revenues for these companies have grown 6.9% 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 industry?
| FI Market | -2.40% | |
| Consumer Discretionary | -1.58% | |
| Luxury | -1.89% | |
| Footwear | 0% | |
| Apparel, Accessories and Luxury Goods | -1.33% | |
| Textiles | -6.80% | |
Industry PE
- Investors are most optimistic about the Apparel, Accessories and Luxury Goods industry, which is trading close to its 3-year average PE ratio of 20.4x.
- Analysts are expecting annual earnings growth of 12.1%, which is higher than its past year's earnings growth of 7.5% per year.
Forecasted Growth
- Analysts are most optimistic on the Textiles industry, expecting annual earnings growth of 51% over the next 5 years.
- In contrast, the Apparel, Accessories and Luxury Goods industry is expected to see its earnings grow by 12% 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 | |
|---|---|---|---|---|---|
| PIIPPO Piippo Oyj | €1.53 | 3.4% +€64.6k | -32.3% | PS0.1x |