Here's Why Mersen (EPA:MRN) Has A Meaningful Debt Burden
Apr 18
French (CAC) Electrical Industry Analysis
UpdatedJun 15, 2024
DataAggregated Company Financials
Companies14
- 7D-3.0%
- 3M1.8%
- 1Y27.1%
- YTD19.2%
Over the last 7 days, the Electrical industry has dropped 3.0%, driven by a pullback from Schneider Electric of 2.5%. Meanwhile, NHOA actually outperformed within the industry, gaining 80% in the last week. Over the past 12 months, the industry was up 27%. Looking forward, earnings are forecast to grow by 10.0% annually.
Industry Valuation and Performance
Has the French Electrical Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 15 Jun 2024 | €154.4b | €54.0b | €5.4b | 20.1x | 28.7x | 2.9x |
| Mon, 13 May 2024 | €164.2b | €54.0b | €5.4b | 21.4x | 30.5x | 3x |
| Wed, 10 Apr 2024 | €145.9b | €54.0b | €5.4b | 20.5x | 26.9x | 2.7x |
| Fri, 08 Mar 2024 | €149.0b | €54.0b | €5.4b | 21.1x | 27.5x | 2.8x |
| Sun, 04 Feb 2024 | €139.9b | €55.6b | €5.6b | 20.8x | 25.2x | 2.5x |
| Tue, 02 Jan 2024 | €136.7b | €55.6b | €5.6b | 20.8x | 24.6x | 2.5x |
| Thu, 30 Nov 2023 | €126.8b | €55.6b | €5.5b | 20.7x | 22.9x | 2.3x |
| Sat, 28 Oct 2023 | €110.9b | €55.6b | €5.5b | 19.3x | 20.1x | 2x |
| Mon, 25 Sep 2023 | €118.6b | €55.6b | €5.5b | 20.8x | 21.5x | 2.1x |
| Wed, 23 Aug 2023 | €121.2b | €55.6b | €5.5b | 21.7x | 21.9x | 2.2x |
| Fri, 21 Jul 2023 | €123.5b | €54.2b | €5.1b | 22.4x | 24.4x | 2.3x |
| Sun, 18 Jun 2023 | €125.4b | €54.3b | €5.1b | 22.7x | 24.8x | 2.3x |
| Tue, 16 May 2023 | €121.2b | €54.3b | €5.1b | 22.2x | 24x | 2.2x |
| Thu, 13 Apr 2023 | €114.2b | €54.1b | €5.0b | 22.4x | 22.9x | 2.1x |
| Sat, 11 Mar 2023 | €118.3b | €53.9b | €5.0b | 22.9x | 23.7x | 2.2x |
| Mon, 06 Feb 2023 | €119.5b | €50.2b | €4.7b | 22.2x | 25.2x | 2.4x |
| Wed, 04 Jan 2023 | €104.8b | €50.2b | €4.7b | 20.8x | 22.1x | 2.1x |
| Fri, 02 Dec 2022 | €109.7b | €50.2b | €4.7b | 20.9x | 23.1x | 2.2x |
| Sun, 30 Oct 2022 | €102.3b | €49.8b | €4.7b | 21x | 21.8x | 2.1x |
| Tue, 27 Sep 2022 | €89.6b | €49.8b | €4.7b | 18.1x | 19.1x | 1.8x |
| Thu, 25 Aug 2022 | €101.8b | €49.7b | €4.7b | 20.8x | 21.6x | 2x |
| Sat, 23 Jul 2022 | €100.1b | €46.3b | €4.6b | 20.8x | 21.8x | 2.2x |
| Mon, 20 Jun 2022 | €92.9b | €46.3b | €4.6b | 20.3x | 20.2x | 2x |
| Wed, 18 May 2022 | €102.8b | €46.3b | €4.6b | 21.7x | 22.4x | 2.2x |
| Fri, 15 Apr 2022 | €109.9b | €46.0b | €4.6b | 22.7x | 24.1x | 2.4x |
| Sun, 13 Mar 2022 | €112.2b | €45.9b | €4.6b | 21.2x | 24.5x | 2.4x |
| Tue, 08 Feb 2022 | €115.8b | €43.5b | €4.3b | 23.2x | 26.8x | 2.7x |
| Thu, 06 Jan 2022 | €137.3b | €43.5b | €4.3b | 24.1x | 31.8x | 3.2x |
| Sat, 04 Dec 2021 | €125.2b | €43.5b | €4.3b | 20.3x | 29x | 2.9x |
| Mon, 01 Nov 2021 | €118.6b | €43.5b | €4.3b | 20.1x | 27.5x | 2.7x |
| Wed, 29 Sep 2021 | €117.3b | €43.5b | €4.3b | 25.8x | 27.2x | 2.7x |
| Fri, 27 Aug 2021 | €121.1b | €43.5b | €4.3b | 25.9x | 28.1x | 2.8x |
| Sat, 03 Jul 2021 | €106.7b | €43.5b | €4.3b | 23.9x | 24.8x | 2.5x |
Price to Earnings Ratio
24.8x
Current Industry PE
- Investors are optimistic on the French Electrical industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 28.7x which is higher than its 3-year average PE of 24.6x.
- The 3-year average PS ratio of 2.4x is lower than the industry's current PS ratio of 2.9x.
Past Earnings Growth
- The earnings for companies in the Electrical industry have grown 7.7% per year over the last three years.
- Revenues for these companies have grown 7.5% 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 French Industrials industry?
| FR Market | -6.31% | |
| Industrials | -6.97% | |
| Electrical | -3.02% | |
| Heavy Electrical Equipment | 58.31% | |
| Electrical Components | -3.10% | |
Industry PE
- Investors are most optimistic about the Electrical Components industry which is trading above its 3-year average PE ratio of 24.4x.
- Analysts are expecting annual earnings growth of 10.0%, which is lower than the prior year's growth of 17.2% per year.
Forecasted Growth
- Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 10% over the next 5 years.
- However this is lower than its past earnings growth rate of 17% per year.
- In contrast, the Heavy Electrical Equipment industry is expected to see its earnings decline 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 | |
|---|---|---|---|---|---|
| NHOA NHOA | €1.06 | 79.7% +€129.9m | -71.4% | PS1.1x |