Titan Cement International (ATH:TITC) Is Doing The Right Things To Multiply Its Share Price
Nov 22
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Greek (ASE) Materials Sector Analysis
UpdatedNov 24, 2024
DataAggregated Company Financials
Companies19
- 7D4.0%
- 3M6.8%
- 1Y37.3%
- YTD28.7%
Over the last 7 days, the Materials industry has risen 2.6%, driven by gains from Titan Cement International of 7.4%. In the last 12 months, the industry was up 36%. Earnings are forecast to grow by 5.9% annually.
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 |
|---|---|---|---|---|---|---|
| Sun, 24 Nov 2024 | €4.7b | €8.1b | €437.9m | 10.5x | 10.6x | 0.6x |
| Tue, 22 Oct 2024 | €4.4b | €8.0b | €432.2m | 11.5x | 10.1x | 0.5x |
| Thu, 19 Sep 2024 | €4.3b | €8.0b | €451.7m | 9.7x | 9.5x | 0.5x |
| Sat, 17 Aug 2024 | €4.3b | €8.0b | €425.7m | 10.1x | 10.1x | 0.5x |
| Mon, 15 Jul 2024 | €4.2b | €7.9b | €396.0m | 10.2x | 10.7x | 0.5x |
| Wed, 12 Jun 2024 | €4.2b | €8.0b | €394.6m | 10.5x | 10.7x | 0.5x |
| Fri, 10 May 2024 | €4.4b | €8.1b | €405.7m | 10.5x | 10.8x | 0.5x |
| Sun, 07 Apr 2024 | €3.9b | €8.0b | €401.1m | 11.5x | 9.8x | 0.5x |
| Tue, 05 Mar 2024 | €4.1b | €8.1b | €351.6m | 11.8x | 11.8x | 0.5x |
| Thu, 01 Feb 2024 | €4.0b | €8.1b | €351.7m | 12.2x | 11.4x | 0.5x |
| Sat, 30 Dec 2023 | €3.6b | €8.1b | €351.6m | 11.6x | 10.3x | 0.4x |
| Mon, 27 Nov 2023 | €3.4b | €8.1b | €351.6m | 11.6x | 9.7x | 0.4x |
| Wed, 25 Oct 2023 | €3.1b | €8.2b | €349.8m | 9.5x | 8.8x | 0.4x |
| Fri, 22 Sep 2023 | €3.2b | €8.3b | €374.4m | 7.8x | 8.4x | 0.4x |
| Sun, 20 Aug 2023 | €3.5b | €8.5b | €450.3m | 8x | 7.7x | 0.4x |
| Tue, 18 Jul 2023 | €3.5b | €8.4b | €429.9m | 7.2x | 8.1x | 0.4x |
| Thu, 15 Jun 2023 | €3.4b | €8.4b | €429.9m | 7x | 7.9x | 0.4x |
| Sat, 13 May 2023 | €3.0b | €8.4b | €482.0m | 6.7x | 6.3x | 0.4x |
| Mon, 10 Apr 2023 | €3.0b | €8.3b | €453.2m | 6.6x | 6.7x | 0.4x |
| Wed, 08 Mar 2023 | €3.0b | €8.0b | €437.1m | 6.5x | 6.9x | 0.4x |
| Fri, 03 Feb 2023 | €3.0b | €8.0b | €437.0m | 6.7x | 6.9x | 0.4x |
| Sun, 01 Jan 2023 | €2.7b | €8.0b | €437.0m | 6.3x | 6.3x | 0.3x |
| Tue, 29 Nov 2022 | €2.7b | €8.1b | €443.2m | 5.6x | 6.1x | 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 |
Price to Earnings Ratio
9.4x
Current Industry PE
- Investors are optimistic on the Greek Materials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 10.6x which is higher than its 3-year average PE of 8.4x.
- The industry is trading close to its 3-year average PS ratio of 0.44x.
Past Earnings Growth
- The earnings for companies in the Materials industry have grown 8.8% per year over the last three years.
- Revenues for these companies have grown 12% 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 | -0.85% | |
| Materials | 4.03% | |
| Basic Materials | 6.34% | |
| Metals and Mining | 2.23% | |
| Paper and Forestry Products | 0.74% | |
| Packaging | -0.21% | |
| Chemicals | -2.99% | |
Industry PE
- Investors are most optimistic about the Metals and Mining industry, which is trading close to its 3-year average PE ratio of 17.1x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Chemicals industry, expecting annual earnings growth of 11% over the next 5 years.
- This is better than its past earnings decline of 13% per year.
- In contrast, the Basic Materials industry is expected to see its earnings grow by 5.6% 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 | |
|---|---|---|---|---|---|
| TITC Titan Cement International | €37.65 | 7.4% +€193.4m | 96.3% | PE9.5x | |
| ELHA Elvalhalcor Hellenic Copper and Aluminium Industry | €1.80 | 3.4% +€22.5m | 0% | PE10.2x | |
| BIOKA Biokarpet | €1.76 | 2.6% +€1.1m | -30.9% | PE12.6x | |
| ELSTR Elastron - Steel Service Centers | €2.05 | 2.5% +€907.9k | -32.3% | PS0.2x | |
| AKRIT Akritas | €0.69 | 0.7% +€65.0k | -4.2% | PS0.2x |
