Solid Earnings May Not Tell The Whole Story For Azorim-Investment Development & Construction (TLV:AZRM)
Apr 03
Israeli (TA) Consumer Durables Industry Analysis
UpdatedApr 17, 2024
DataAggregated Company Financials
Companies10
- 7D-2.8%
- 3M-0.4%
- 1Y15.6%
- YTD-8.7%
Over the last 7 days, the Consumer Durables industry has dropped 3.2%, driven by Azorim-Investment Development & Construction declining 5.4%. In the past year, the industry has gained 11%.
Industry Valuation and Performance
Has the Israeli Consumer Durables Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 17 Apr 2024 | ₪14.1b | ₪16.3b | ₪601.5m | 13.4x | 23.4x | 0.9x |
| Fri, 15 Mar 2024 | ₪15.0b | ₪15.9b | ₪547.5m | 18.8x | 27.4x | 0.9x |
| Sun, 11 Feb 2024 | ₪14.7b | ₪15.9b | ₪556.2m | 17.6x | 26.4x | 0.9x |
| Tue, 09 Jan 2024 | ₪14.8b | ₪15.9b | ₪555.9m | 18.3x | 26.6x | 0.9x |
| Thu, 07 Dec 2023 | ₪14.1b | ₪15.9b | ₪562.9m | 17.9x | 25x | 0.9x |
| Sat, 04 Nov 2023 | ₪13.4b | ₪15.3b | ₪581.1m | 19.8x | 23x | 0.9x |
| Mon, 02 Oct 2023 | ₪14.4b | ₪15.3b | ₪582.3m | 19.9x | 24.7x | 0.9x |
| Wed, 30 Aug 2023 | ₪13.9b | ₪15.2b | ₪714.2m | 18.1x | 19.5x | 0.9x |
| Fri, 28 Jul 2023 | ₪14.7b | ₪14.5b | ₪583.9m | 21.9x | 25.2x | 1x |
| Sun, 25 Jun 2023 | ₪14.9b | ₪14.5b | ₪584.8m | 22.4x | 25.5x | 1x |
| Tue, 23 May 2023 | ₪14.0b | ₪14.3b | ₪652.8m | 20.8x | 21.4x | 1x |
| Thu, 20 Apr 2023 | ₪11.9b | ₪14.1b | ₪669.3m | 18.4x | 17.9x | 0.8x |
| Sat, 18 Mar 2023 | ₪12.2b | ₪14.1b | ₪836.2m | 13.8x | 14.6x | 0.9x |
| Mon, 13 Feb 2023 | ₪14.1b | ₪13.9b | ₪839.7m | 16.1x | 16.8x | 1x |
| Wed, 11 Jan 2023 | ₪14.6b | ₪13.9b | ₪840.6m | 16.6x | 17.3x | 1x |
| Fri, 09 Dec 2022 | ₪13.8b | ₪14.0b | ₪864.8m | 15.6x | 16x | 1x |
| Sun, 06 Nov 2022 | ₪12.6b | ₪13.6b | ₪875.4m | 16.3x | 14.4x | 0.9x |
| Tue, 04 Oct 2022 | ₪13.7b | ₪13.6b | ₪875.9m | 16.3x | 15.6x | 1x |
| Thu, 01 Sep 2022 | ₪15.2b | ₪13.6b | ₪902.1m | 16.6x | 16.8x | 1.1x |
| Sat, 30 Jul 2022 | ₪14.7b | ₪12.9b | ₪950.2m | 18.7x | 15.5x | 1.1x |
| Mon, 27 Jun 2022 | ₪15.4b | ₪12.9b | ₪950.2m | 15.9x | 16.2x | 1.2x |
| Wed, 25 May 2022 | ₪16.1b | ₪12.1b | ₪897.3m | 19.3x | 17.9x | 1.3x |
| Fri, 22 Apr 2022 | ₪18.9b | ₪12.0b | ₪873.2m | 21.6x | 21.7x | 1.6x |
| Sun, 20 Mar 2022 | ₪19.4b | ₪12.0b | ₪807.0m | 20.9x | 24.1x | 1.6x |
| Tue, 15 Feb 2022 | ₪19.8b | ₪12.0b | ₪861.0m | 14.9x | 23x | 1.7x |
| Thu, 13 Jan 2022 | ₪20.9b | ₪12.0b | ₪866.0m | 15.8x | 24.1x | 1.7x |
| Sat, 11 Dec 2021 | ₪20.2b | ₪12.0b | ₪866.1m | 14.9x | 23.3x | 1.7x |
| Mon, 08 Nov 2021 | ₪18.8b | ₪11.0b | ₪753.3m | n/a | 25x | 1.7x |
| Wed, 06 Oct 2021 | ₪17.5b | ₪11.0b | ₪752.8m | 14.5x | 23.3x | 1.6x |
| Fri, 03 Sep 2021 | ₪18.1b | ₪10.7b | ₪714.5m | 14.6x | 25.3x | 1.7x |
| Sun, 01 Aug 2021 | ₪17.3b | ₪10.7b | ₪714.5m | 13.6x | 24.3x | 1.6x |
| Wed, 05 May 2021 | ₪16.4b | ₪10.4b | ₪591.0m | 21.1x | 27.8x | 1.6x |
Price to Earnings Ratio
27.8x
Current Industry PE
- Investors are relatively neutral on the Israeli Consumer Durables industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 21.8x.
- The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 0.86x.
Past Earnings Growth
- The earnings for companies in the Consumer Durables industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 16% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Israeli Consumer Discretionary industry?
| IL Market | -3.09% | |
| Consumer Discretionary | -2.15% | |
| Consumer Durables | -2.82% | |
| Consumer Electronics | 0% | |
| Home Furnishings | 0% | |
| Housewares and Specialties | 0% | |
| Household Appliances | -1.07% | |
| Homebuilding | -3.91% | |
Industry PE
- Investors are most optimistic about the Household Appliances industry which is trading above its 3-year average PE ratio of 38.0x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Homebuilding industry, which is trading close to its 3-year average of 14.9x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MTRN Maytronics | ₪33.16 | 0.6% +₪20.8m | -14.4% | PE24.5x |
