Is AstraZeneca (LON:AZN) Using Too Much Debt?
Feb 06
U.K. (FTSE) Market Analysis & Valuation
UpdatedFeb 06, 2023
DataAggregated Company Financials
Companies1484
- 7D1.8%
- 3M9.0%
- 1Y-3.7%
- YTD2.1%
The market is up 1.8% over the last week, with the Consumer Staples sector leading the way, up 3.4%. Over the past year the market is down 3.7%. Earnings are forecast to grow by 11% annually.
Market Valuation and Performance
Has the U.K. Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 06 Feb 2023 | UK£2.6t | UK£2.3t | UK£210.6b | 14.2x | 12.4x | 1.1x |
| Wed, 04 Jan 2023 | UK£2.5t | UK£2.3t | UK£211.5b | 13.4x | 11.8x | 1.1x |
| Fri, 02 Dec 2022 | UK£2.5t | UK£2.3t | UK£211.1b | 13.6x | 11.9x | 1.1x |
| Sun, 30 Oct 2022 | UK£2.3t | UK£2.3t | UK£215.3b | 12.4x | 10.9x | 1x |
| Tue, 27 Sep 2022 | UK£2.3t | UK£2.4t | UK£218.3b | 12.1x | 10.8x | 1x |
| Thu, 25 Aug 2022 | UK£2.5t | UK£2.3t | UK£210.9b | 13.6x | 11.8x | 1.1x |
| Sat, 23 Jul 2022 | UK£2.5t | UK£2.3t | UK£197.6b | 13.8x | 12.7x | 1.1x |
| Mon, 20 Jun 2022 | UK£2.4t | UK£2.3t | UK£194.1b | 14.1x | 12.5x | 1.1x |
| Wed, 18 May 2022 | UK£2.6t | UK£2.2t | UK£179.8b | 15.3x | 14.2x | 1.2x |
| Fri, 15 Apr 2022 | UK£2.6t | UK£2.0t | UK£188.0b | 16.7x | 14x | 1.3x |
| Sun, 13 Mar 2022 | UK£2.5t | UK£2.0t | UK£189.2b | 16x | 13.1x | 1.2x |
| Tue, 08 Feb 2022 | UK£2.7t | UK£1.9t | UK£164.9b | 18.2x | 16.5x | 1.4x |
| Thu, 06 Jan 2022 | UK£2.8t | UK£1.9t | UK£163.2b | 19.8x | 17.3x | 1.5x |
| Sat, 04 Dec 2021 | UK£2.7t | UK£1.9t | UK£163.6b | 19.3x | 16.4x | 1.4x |
| Mon, 01 Nov 2021 | UK£2.8t | UK£1.9t | UK£154.0b | 21.3x | 18x | 1.5x |
| Wed, 29 Sep 2021 | UK£2.7t | UK£1.8t | UK£141.7b | 23x | 19.2x | 1.5x |
| Fri, 27 Aug 2021 | UK£2.8t | UK£1.8t | UK£138.8b | 24.6x | 19.8x | 1.5x |
| Sat, 03 Jul 2021 | UK£2.7t | UK£1.8t | UK£138.4b | 23.9x | 19.2x | 1.5x |
| Tue, 06 Apr 2021 | UK£2.5t | UK£1.7t | UK£90.7b | 23.2x | 27.6x | 1.5x |
| Fri, 08 Jan 2021 | UK£2.3t | UK£1.7t | UK£52.7b | 22.6x | 44.5x | 1.4x |
| Thu, 01 Oct 2020 | UK£2.1t | UK£1.7t | UK£39.5b | 21.5x | 52.7x | 1.2x |
| Sun, 05 Jul 2020 | UK£2.1t | UK£1.8t | UK£48.7b | 19.1x | 43.5x | 1.2x |
| Wed, 08 Apr 2020 | UK£1.9t | UK£1.9t | UK£87.2b | 15.1x | 21.6x | 1x |
Price to Earnings Ratio
17.3x
Current Market PE
- Investors are pessimistic on the British market, indicating that they anticipate earnings will not grow as fast as they have historically.
- The market is trading at a PE ratio of 12.4x which is lower than its 3-year average PE of 25.6x.
Past Earnings Growth
- The earnings for British listed companies have grown 17% per year over the last three years.
- Revenues for these companies have grown 4.0% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Sector Trends
Which sectors have driven the changes within the U.K. Market?
| GB Market | 1.78% | |
| Tech | 4.68% | |
| Consumer Discretionary | 3.90% | |
| Industrials | 3.69% | |
| Consumer Staples | 3.38% | |
| Real Estate | 3.24% | |
| Telecom | 2.32% | |
| Energy | 0.75% | |
| Healthcare | 0.70% | |
| Financials | 0.43% | |
| Utilities | 0.059% | |
| Materials | -0.24% | |
Sector PE
- Investors are most optimistic about the Healthcare sector, which is trading close to its 3-year average PE ratio of 42.4x.
- This optimism is likely because analysts are expecting annual earnings growth of 20.3% which is higher than its past year's earnings decline of 16.0% per year.
- Investors are most pessimistic about the Real Estate sector, which is trading below its 3-year average of 90.3x.
Forecasted Growth
- Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 22% over the next 5 years.
- However this is lower than its past earnings growth rate of 35% per year.
- In contrast, the Materials sector is expected to see its earnings decline by 7.6% 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 | Sector | |
|---|---|---|---|---|---|---|
| ENPL En+ Group International | US$9.30 | n/a US$4.7b | -8.8% | PE2.2x | Materials | |
| ULVR Unilever | UK£41.71 | 3.7% +UK£3.8b | 9.3% | PE20.2x | Consumer Staples | |
| DGE Diageo | UK£35.79 | 4.6% +UK£3.5b | -4.6% | PE22.6x | Consumer Staples | |
| SHEL Shell | UK£24.14 | 1.8% +UK£2.8b | 18.5% | PE4.8x | Energy | |
| BATS British American Tobacco | UK£31.26 | 2.9% +UK£2.0b | -2.7% | PE13x | Consumer Staples |
Market Insights
The US market experienced gains galore in the second half of the week after the Fed raised rates for the 8th time since March last year...
Continue reading
