Why Centric Holdings' (ATH:CENTR) Healthy Earnings Aren’t As Good As They Seem
Solid profit numbers didn't seem to be enough to please Centric Holdings S.A.'s ( ATH:CENTR ) shareholders. We think...
Has the Greek Hospitality Industry valuation changed over the past few years?
|Mon, 29 Nov 2021||€4.9b||€586.1m||€282.2m||11.4x|
|Wed, 27 Oct 2021||€5.3b||€531.4m||€238.9m||13.8x|
|Fri, 24 Sep 2021||€5.3b||€528.8m||€233.3m||17.8x|
|Sun, 22 Aug 2021||€4.8b||€528.8m||€233.3m||15.9x|
|Fri, 09 Jul 2021||€4.9b||€528.8m||€233.3m||16.2x|
|Thu, 01 Apr 2021||€4.5b||€424.3m||€146.3m||21.7x|
|Sun, 03 Jan 2021||€4.3b||€471.1m||€171.6m||18.1x|
|Wed, 07 Oct 2020||€3.3b||€574.4m||€107.5m||20.4x|
|Tue, 30 Jun 2020||€3.4b||€600.6m||€109.8m||23.2x|
|Fri, 03 Apr 2020||€2.8b||€701.0m||€166.6m||14.7x|
|Mon, 06 Jan 2020||€4.3b||€751.6m||€195.3m||23.5x|
|Thu, 10 Oct 2019||€3.5b||€746.4m||€189.5m||22.6x|
|Wed, 03 Jul 2019||€3.6b||€735.9m||€181.7m||19.8x|
|Sat, 06 Apr 2019||€3.4b||€719.6m||€172.6m||16x|
|Tue, 08 Jan 2019||€2.9b||€707.8m||€149.2m||15.7x|
Current Industry PE: There are only 2 profitable companies in this industry, so there is insufficient data to make an industry-wide assessment of PE.
Past Earnings Growth: The earnings for companies in the Hospitality industry have grown 29% per year over the last three years, while revenues for these companies have declined 6.1% per year. This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Which industries have driven the changes within the Greek Hospitality industry?
|Hotels, Resorts and Cruise Lines||-2.52%|
|Casinos and Gaming||-5.65%|
Industry PE: Investors are most optimistic about the Casinos and Gaming industry even though it's trading below its 3-year average PE ratio of 18.3x. However analysts are expecting annual earnings growth of 14%, which is lower than the prior year's growth of 130% per year. So the market might believe that analysts are underestimating future growth.
Forecasted Growth: Analysts are most optimistic on the Casinos and Gaming industry, expecting annual earnings growth of 14% over the next 5 years. However this is lower than its past earnings growth rate of 130% per year.
Which companies have driven the market over the last 7 days?
|INLOT Intralot Integrated Lottery Systems and Services||5.3%+€5.9m||396.9%||PS0.3x|
Greek Organization of Football Prognostics
Kiriacoulis Mediterranean Cruises Shipping