Greek (ASE) Materials Sector Analysis

Sector Valuation and Performance

Has the Greek Materials Sector valuation changed over the past few years?

Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 8.1x which is lower than its 3-year average PE of 12.7x. It appears they believe that earnings will not grow as fast as they have historically.

Past Earnings Growth: The earnings for companies in the Materials industry have grown 24% per year over the last three years, and revenues for these companies have grown 6.8% 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 Greek Materials sector?

Industry PE: Investors are most optimistic about the Packaging industry which is trading above its 3-year average PE ratio of 47.3x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Metals and Mining industry, which is trading below its 3-year average of 17.9x.

Forecasted Growth: Analysts are most optimistic on the Basic Materials industry, expecting annual earnings growth of 39% over the next 5 years. This is better than its past earnings decline of 47% per year. Meanwhile, the Chemicals industry is expected to see its earnings decline by 44% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?