Ðuro Ðakovic Grupa d.d (ZGSE:DDJH) Is Making Moderate Use Of Debt
Sep 20
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Croatian (CROBEX) Market Analysis & Valuation
UpdatedSep 23, 2024
DataAggregated Company Financials
Companies64
- 7D-0.3%
- 3M1.5%
- 1Y20.1%
- YTD11.4%
In the last week, the market has been flat. As for the longer term, the market has risen 20% in the past 12 months. Looking forward, earnings are forecast to decline by 4.2% per year.
Market Valuation and Performance
Has the Croatian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 24 Sep 2024 | Kn25.7b | Kn16.5b | Kn1.7b | 18x | 15.3x | 1.6x |
| Thu, 22 Aug 2024 | Kn25.6b | Kn16.4b | Kn1.7b | 18.1x | 15.3x | 1.6x |
| Sat, 20 Jul 2024 | Kn24.8b | Kn16.1b | Kn1.7b | 15.7x | 14.8x | 1.5x |
| Mon, 17 Jun 2024 | Kn24.8b | Kn16.1b | Kn1.7b | 14.5x | 14.8x | 1.5x |
| Wed, 15 May 2024 | Kn24.4b | Kn16.1b | Kn1.7b | 14.8x | 14.4x | 1.5x |
| Fri, 12 Apr 2024 | Kn25.0b | Kn16.0b | Kn1.6b | 15.1x | 15.3x | 1.6x |
| Sun, 10 Mar 2024 | Kn24.5b | Kn16.0b | Kn1.6b | 16.1x | 15x | 1.5x |
| Tue, 06 Feb 2024 | Kn24.3b | Kn15.4b | Kn1.2b | 15.6x | 19.5x | 1.6x |
| Thu, 04 Jan 2024 | Kn24.6b | Kn18.0b | Kn1.4b | 15.6x | 17.7x | 1.4x |
| Sat, 02 Dec 2023 | Kn23.4b | Kn17.9b | Kn1.4b | 15.5x | 16.8x | 1.3x |
| Mon, 30 Oct 2023 | Kn22.6b | Kn17.4b | Kn1.4b | 15.3x | 16.7x | 1.3x |
| Wed, 27 Sep 2023 | Kn22.9b | Kn17.3b | Kn1.3b | 16.3x | 17.1x | 1.3x |
| Fri, 25 Aug 2023 | Kn22.6b | Kn17.3b | Kn1.3b | 16.2x | 16.8x | 1.3x |
| Sun, 23 Jul 2023 | Kn21.8b | Kn17.0b | Kn1.4b | 18.3x | 16x | 1.3x |
| Tue, 20 Jun 2023 | Kn21.7b | Kn17.2b | Kn1.3b | 18x | 16.2x | 1.3x |
| Thu, 18 May 2023 | Kn20.7b | Kn16.3b | Kn1.2b | 18.7x | 17.2x | 1.3x |
| Sat, 15 Apr 2023 | Kn20.3b | Kn16.0b | Kn1.2b | 17.2x | 16.5x | 1.3x |
| Mon, 13 Mar 2023 | Kn20.8b | Kn16.3b | Kn1.3b | 16.7x | 16.1x | 1.3x |
| Wed, 08 Feb 2023 | Kn19.7b | Kn15.8b | Kn1.5b | 15.6x | 12.9x | 1.2x |
| Fri, 06 Jan 2023 | Kn19.3b | Kn16.0b | Kn1.6b | 14.2x | 12.4x | 1.2x |
| Sun, 04 Dec 2022 | Kn133.0b | Kn107.0b | Kn11.5b | 13.5x | 11.6x | 1.2x |
| Tue, 01 Nov 2022 | Kn131.9b | Kn104.4b | Kn9.9b | 14.7x | 13.3x | 1.3x |
| Thu, 29 Sep 2022 | Kn131.3b | Kn97.2b | Kn9.8b | 14.7x | 13.4x | 1.4x |
| Sat, 27 Aug 2022 | Kn136.0b | Kn97.1b | Kn9.8b | 14.8x | 13.9x | 1.4x |
| Mon, 25 Jul 2022 | Kn134.4b | Kn90.2b | Kn8.0b | 14.8x | 16.9x | 1.5x |
| Wed, 22 Jun 2022 | Kn133.5b | Kn90.8b | Kn8.0b | 15.2x | 16.7x | 1.5x |
| Fri, 20 May 2022 | Kn137.2b | Kn90.8b | Kn8.0b | 16.3x | 17.1x | 1.5x |
| Sun, 17 Apr 2022 | Kn138.8b | Kn87.5b | Kn7.1b | 18.3x | 19.4x | 1.6x |
| Tue, 15 Mar 2022 | Kn137.1b | Kn89.4b | Kn7.2b | 16.5x | 19x | 1.5x |
| Thu, 10 Feb 2022 | Kn140.6b | Kn84.6b | Kn6.6b | 14.2x | 21.4x | 1.7x |
| Sat, 08 Jan 2022 | Kn140.1b | Kn84.6b | Kn6.6b | 14.8x | 21.3x | 1.7x |
| Mon, 06 Dec 2021 | Kn134.9b | Kn84.2b | Kn6.6b | 12.6x | 20.5x | 1.6x |
| Wed, 03 Nov 2021 | Kn133.4b | Kn78.1b | Kn3.8b | 17x | 35.6x | 1.7x |
| Fri, 01 Oct 2021 | Kn134.1b | Kn77.7b | Kn3.7b | 16.4x | 36.5x | 1.7x |
Price to Earnings Ratio
36.5x
Current Market PE
- Investors are pessimistic on the Croatian market, indicating that they anticipate earnings will not grow as fast as they have historically.
- The market is trading at a PE ratio of 15.3x which is lower than its 3-year average PE of 17.1x.
Past Earnings Growth
- The earnings for companies in the Croatian industry have declined 23% per year over the last three years.
- Revenues have also declined 40% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Sector Trends
Which sectors have driven the changes within the Croatian Market?
| HR Market | -0.26% | |
| Industrials | 1.67% | |
| Tech | 0.15% | |
| Real Estate | 0% | |
| Materials | 0% | |
| Telecom | 0% | |
| Utilities | 0% | |
| Information Technology | 0% | |
| Financials | 0% | |
| Health Care | 0% | |
| Industrials | 0% | |
| Consumer Discretionary | -0.43% | |
| Consumer Staples | -0.43% | |
| Financials | -0.55% | |
| Energy | -1.36% | |
| Healthcare | -2.54% | |
Sector PE
- Investors favour the Consumer Discretionary sector the most for future growth, which is trading above its 3-year average PE ratio of 23.5x.
- It looks like investors are confident that earnings will grow faster in the future than they have historically.
- The Healthcare sector is the least preferred by investors for future growth, which is trading below its 3-year average of 9.3x.
Forecasted Growth
- Analysts are most optimistic on the Consumer Staples sector, expecting annual earnings growth of 13% over the next 5 years.
- This is better than its past earnings decline of 9.6% per year.
- In contrast, the Industrials sector is expected to see its earnings decline by 10% 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 | Sector | |
|---|---|---|---|---|---|---|
| DDJH Ðuro Ðakovic Grupa d.d | €26.00 | 13.0% +€84.9m | -5.8% | PE198.4x | Industrials | |
| JNAF Jadranski naftovod d.d | €905.00 | 5.2% +€45.3m | 11.7% | PE20.1x | Energy | |
| HT Hrvatski Telekom d.d | €32.40 | 0.9% +€23.2m | 24.1% | PE18.4x | Telecom | |
| ADRS Adris grupa d. d | €83.00 | 1.2% +€15.7m | 13.7% | PE20.6x | Industrials | |
| MAIS Maistra d.d | €43.00 | 1.4% +€6.6m | -4.0% | PE16.5x | Consumer Discretionary |
