Some Investors May Be Worried About Howden Joinery Group's (LON:HWDN) Returns On Capital
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Has the U.K. Trade Distributors Industry valuation changed over the past few years?
|Sun, 05 Dec 2021||UK£85.7b||UK£51.9b||UK£3.2b||23.7x|
|Tue, 02 Nov 2021||UK£85.8b||UK£50.7b||UK£3.1b||25.2x|
|Thu, 30 Sep 2021||UK£80.5b||UK£50.6b||UK£2.7b||22.7x|
|Sat, 28 Aug 2021||UK£81.6b||UK£49.3b||UK£2.3b||25.5x|
|Sun, 04 Jul 2021||UK£76.9b||UK£49.0b||UK£2.3b||23x|
|Wed, 07 Apr 2021||UK£67.4b||UK£48.3b||UK£2.0b||21.9x|
|Sat, 09 Jan 2021||UK£62.1b||UK£48.5b||UK£1.8b||20.3x|
|Fri, 02 Oct 2020||UK£54.0b||UK£46.4b||UK£1.9b||19.9x|
|Mon, 06 Jul 2020||UK£48.7b||UK£45.6b||UK£2.0b||19x|
|Thu, 09 Apr 2020||UK£36.9b||UK£46.9b||UK£2.4b||14.9x|
|Wed, 01 Jan 2020||UK£51.4b||UK£48.8b||UK£2.7b||18.1x|
|Sat, 05 Oct 2019||UK£46.6b||UK£50.2b||UK£2.8b||15.3x|
|Tue, 09 Jul 2019||UK£46.0b||UK£48.8b||UK£2.7b||15.4x|
|Mon, 01 Apr 2019||UK£43.4b||UK£47.9b||UK£2.5b||15x|
|Thu, 03 Jan 2019||UK£40.1b||UK£47.3b||UK£2.7b||13.9x|
Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 24.6x which is higher than its 3-year average PE of 18.6x. It appears they are confident that earnings will grow faster in the future than they have historically.
Past Earnings Growth: The earnings for companies in the Trade Distributors industry have grown 5.8% per year over the last three years, and revenues for these companies have grown 3.1% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Which industries have driven the changes within the U.K. Trade Distributors industry?
|Trade Companies and Distributors||0.76%|
Industry PE: Investors are most optimistic about the Trade Companies and Distributors industry which is trading above its 3-year average PE ratio of 18.6x. However analysts are expecting annual earnings growth of 6.5%, which is lower than the prior year's growth of 44% per year. So the market might believe that analysts are underestimating future growth.
Forecasted Growth: Analysts are most optimistic on the Trade Companies and Distributors industry, expecting annual earnings growth of 6.5% over the next 5 years. However this is lower than its past earnings growth rate of 44% per year.
Which companies have driven the market over the last 7 days?
Howden Joinery Group
Ashtead Technology Holdings
Andrews Sykes Group
Lords Group Trading