Statutory Earnings May Not Be The Best Way To Understand Plava laguna d.d's (ZGSE:PLAG) True Position
Even though Plava laguna d.d. ( ZGSE:PLAG ) posted strong earnings recently, the stock hasn't reacted in a large way...
Has the Croatian Consumer Discretionary Sector valuation changed over the past few years?
|Sun, 05 Dec 2021||Kn21.7b||Kn8.5b||Kn912.7m||14.9x|
|Tue, 02 Nov 2021||Kn22.0b||Kn5.9b||-Kn784,617,204.00||42.5x|
|Thu, 30 Sep 2021||Kn21.6b||Kn5.9b||-Kn784,617,204.00||41.7x|
|Sat, 28 Aug 2021||Kn21.4b||Kn5.8b||-Kn794,846,204.00||26.4x|
|Sun, 04 Jul 2021||Kn21.7b||Kn5.8b||-Kn794,846,204.00||23.5x|
|Wed, 07 Apr 2021||Kn20.6b||Kn5.0b||-Kn993,615,848.00||25x|
|Sat, 09 Jan 2021||Kn18.8b||Kn4.1b||-Kn1,276,795,520.00||160x|
|Fri, 02 Oct 2020||Kn16.7b||Kn4.8b||-Kn1,608,300,461.00||52.5x|
|Mon, 06 Jul 2020||Kn17.0b||Kn7.6b||Kn174.4m||20.5x|
|Thu, 09 Apr 2020||Kn15.7b||Kn9.5b||Kn953.5m||14.6x|
|Wed, 01 Jan 2020||Kn21.4b||Kn9.6b||Kn1.1b||18.5x|
|Sat, 05 Oct 2019||Kn20.9b||Kn9.4b||Kn1.2b||14.3x|
|Tue, 09 Jul 2019||Kn20.2b||Kn9.1b||Kn1.1b||14x|
|Mon, 01 Apr 2019||Kn19.4b||Kn8.9b||Kn1.1b||17.7x|
|Thu, 03 Jan 2019||Kn20.0b||Kn8.9b||Kn1.2b||16.5x|
Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 15.1x which is lower than its 3-year average PE of 27.1x. It appears they believe that earnings will not grow as fast as they have historically.
Past Earnings Growth: Both revenue and earnings for companies in the Consumer Discretionary industry have remained mostly flat over the last three years. This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.
Which industries have driven the changes within the Croatian Consumer Discretionary sector?
Industry PE: Investors are most optimistic about the Specialty Stores industry, which is trading close to its 3-year average PE ratio of 26.4x. 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 Luxury industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 3.5x.
Forecasted Growth: Analysts are most optimistic on the Hospitality industry, expecting annual earnings growth of 42% over the next 5 years. Meanwhile, the Auto Components industry is expected to see its earnings grow by 34% per year over the next few years.
Which companies have driven the market over the last 7 days?
Valamar Riviera d.d
Plava laguna d.d
AD Plastik d.d
Hoteli Haludovo Malinska d.d
Arena Hospitality Group d.d
SUNCE HOTELI d.d
Auto Hrvatska d.d