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Nov 17
Greek (ASE) Materials Sector Analysis
UpdatedNov 28, 2022
DataAggregated Company Financials
Companies17
- 7D2.3%
- 3M3.8%
- 1Y-12.0%
- YTD-12.7%
Over the last 7 days, the Materials industry has risen 2.3%, driven by gains from Elvalhalcor Hellenic Copper and Aluminium Industry of 6.0%. In contrast, the industry has lost 12% in the last 12 months. Looking forward, earnings are expected to remain mostly flat in the next few years.
Sector Valuation and Performance
Has the Greek Materials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 29 Nov 2022 | €2.8b | €8.1b | €443.1m | 5.8x | 6.2x | 0.3x |
| Thu, 27 Oct 2022 | €2.6b | €7.7b | €417.2m | 5.3x | 6.2x | 0.3x |
| Sat, 24 Sep 2022 | €2.5b | €7.5b | €426.1m | 5.3x | 5.8x | 0.3x |
| Mon, 22 Aug 2022 | €2.7b | €7.1b | €424.3m | 7.1x | 6.5x | 0.4x |
| Wed, 20 Jul 2022 | €2.5b | €7.0b | €423.1m | 6.6x | 5.9x | 0.4x |
| Fri, 17 Jun 2022 | €2.5b | €7.0b | €423.1m | 6.9x | 6x | 0.4x |
| Sun, 15 May 2022 | €2.7b | €6.7b | €408.2m | 7.1x | 6.7x | 0.4x |
| Tue, 12 Apr 2022 | €3.1b | €6.4b | €415.1m | 8x | 7.4x | 0.5x |
| Thu, 10 Mar 2022 | €2.9b | €6.1b | €355.5m | 8x | 8.1x | 0.5x |
| Sat, 05 Feb 2022 | €3.2b | €6.1b | €355.5m | 8.2x | 9x | 0.5x |
| Mon, 03 Jan 2022 | €3.2b | €6.1b | €355.5m | 9x | 8.9x | 0.5x |
| Wed, 01 Dec 2021 | €3.2b | €5.8b | €340.2m | 8.1x | 9.4x | 0.5x |
| Fri, 29 Oct 2021 | €3.3b | €5.8b | €351.0m | 8.4x | 9.4x | 0.6x |
| Sun, 26 Sep 2021 | €3.4b | €5.7b | €332.0m | 12.1x | 10.2x | 0.6x |
| Tue, 24 Aug 2021 | €3.5b | €5.3b | €248.9m | 13.8x | 13.9x | 0.7x |
| Wed, 30 Jun 2021 | €3.5b | €5.3b | €248.9m | 13.5x | 14x | 0.7x |
| Sat, 03 Apr 2021 | €3.3b | €5.2b | €228.5m | 13.4x | 14.5x | 0.6x |
| Tue, 05 Jan 2021 | €2.9b | €5.0b | €141.1m | 14.1x | 20.5x | 0.6x |
| Fri, 09 Oct 2020 | €2.3b | €4.9b | €180.1m | 15.1x | 12.7x | 0.5x |
| Thu, 02 Jul 2020 | €2.2b | €4.9b | €168.3m | 12.3x | 13.2x | 0.5x |
| Sun, 05 Apr 2020 | €2.0b | €5.0b | €139.6m | 11.9x | 14.4x | 0.4x |
| Wed, 08 Jan 2020 | €3.3b | €5.0b | €163.2m | 13x | 20.3x | 0.7x |
Price to Earnings Ratio
20.5x
Current Industry PE
- Investors are pessimistic on the Greek Materials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 6.2x which is lower than its 3-year average PE of 12.7x.
- The industry is trading close to its 3-year average PS ratio of 0.52x.
Past Earnings Growth
- The earnings for companies in the Materials industry have grown 32% per year over the last three years.
- Revenues for these companies have grown 11% 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?
| GR Market | 2.63% | |
| Materials | 2.34% | |
| Metals and Mining | 5.52% | |
| Packaging | 4.13% | |
| Basic Materials | 1.10% | |
| Chemicals | 0.13% | |
| Paper and Forestry Products | 0% | |
Industry PE
- Investors are most optimistic about the Basic Materials industry even though it's trading below its 3-year average PE ratio of 35.1x.
- Analysts are expecting annual earnings growth of 0.007%, which is lower than the prior year's growth of 145.4% per year.
- Investors are most pessimistic about the Metals and Mining industry, which is trading below its 3-year average of 13.9x.
Forecasted Growth
- Analysts are most optimistic on the Basic Materials industry, expecting annual earnings growth of 0.007% over the next 5 years.
- In contrast, the Chemicals industry is expected to see its earnings growth to stay flat 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 | |
|---|---|---|---|---|---|
| ELHA Elvalhalcor Hellenic Copper and Aluminium Industry | €1.63 | 3.8% +€22.5m | -10.2% | PE4x | |
| TITC Titan Cement International | €12.18 | 0.7% +€6.0m | -13.5% | PE9.3x | |
| IKTIN Iktinos Hellas Greek Marble Industry Technical and Touristic | €0.52 | 8.0% +€4.4m | -33.7% | PS1.8x | |
| PLAT Thrace Plastics Holding | €4.02 | 1.5% +€2.6m | -41.3% | PE5.2x | |
| ALMY Alumil Aluminium Industry | €2.07 | 3.5% +€2.3m | -9.2% | PE2.3x |