Amber Enterprises India Limited's (NSE:AMBER) 27% Share Price Surge Not Quite Adding Up
Jun 29
Indian (NIFTY) Consumer Durables Industry Analysis
UpdatedJul 01, 2024
DataAggregated Company Financials
Companies63
- 7D2.6%
- 3M32.3%
- 1Y42.8%
- YTD30.0%
In the last week, the Consumer Durables industry is up 2.6%, with Dixon Technologies (India) up 7.2%. This takes the industry's 12 month performance to a gain of 43%. As for the next few years, earnings are expected to grow by 31% per annum.
Industry Valuation and Performance
Has the Indian Consumer Durables Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 02 Jul 2024 | ₹2.6t | ₹756.1b | ₹29.8b | 49.3x | 85.6x | 3.4x |
| Thu, 30 May 2024 | ₹2.2t | ₹754.5b | ₹29.2b | 48.4x | 74.1x | 2.9x |
| Sat, 27 Apr 2024 | ₹2.1t | ₹737.2b | ₹28.8b | 47.6x | 72.7x | 2.8x |
| Mon, 25 Mar 2024 | ₹1.9t | ₹737.4b | ₹28.8b | 42.2x | 64.7x | 2.5x |
| Wed, 21 Feb 2024 | ₹2.0t | ₹737.1b | ₹28.7b | 51.1x | 68.4x | 2.7x |
| Fri, 19 Jan 2024 | ₹1.9t | ₹692.4b | ₹27.7b | 49.9x | 70x | 2.8x |
| Sun, 17 Dec 2023 | ₹1.9t | ₹692.5b | ₹27.7b | 47.2x | 68.8x | 2.8x |
| Tue, 14 Nov 2023 | ₹1.8t | ₹691.3b | ₹27.6b | 48.4x | 66.7x | 2.7x |
| Thu, 12 Oct 2023 | ₹1.7t | ₹666.1b | ₹25.7b | 41.3x | 65.9x | 2.5x |
| Sat, 09 Sep 2023 | ₹1.7t | ₹663.6b | ₹25.6b | 43.9x | 67.8x | 2.6x |
| Mon, 07 Aug 2023 | ₹1.6t | ₹666.1b | ₹27.0b | 43.1x | 60.6x | 2.5x |
| Wed, 05 Jul 2023 | ₹1.6t | ₹663.2b | ₹24.4b | 40.2x | 64.9x | 2.4x |
| Fri, 02 Jun 2023 | ₹1.5t | ₹663.0b | ₹24.4b | 37.5x | 60.6x | 2.2x |
| Sun, 30 Apr 2023 | ₹1.4t | ₹646.1b | ₹25.0b | 36.5x | 55.6x | 2.1x |
| Tue, 28 Mar 2023 | ₹1.4t | ₹646.1b | ₹25.0b | 34.4x | 55.1x | 2.1x |
| Thu, 23 Feb 2023 | ₹1.4t | ₹646.1b | ₹25.0b | 35.8x | 57.1x | 2.2x |
| Sat, 21 Jan 2023 | ₹1.5t | ₹644.9b | ₹25.3b | 35.3x | 60.8x | 2.4x |
| Mon, 19 Dec 2022 | ₹1.6t | ₹644.6b | ₹25.3b | 38.2x | 63.7x | 2.5x |
| Wed, 16 Nov 2022 | ₹1.7t | ₹627.3b | ₹25.3b | 39.6x | 66.3x | 2.7x |
| Fri, 14 Oct 2022 | ₹1.7t | ₹614.5b | ₹30.2b | 41.2x | 56.4x | 2.8x |
| Sun, 11 Sep 2022 | ₹1.8t | ₹614.5b | ₹30.2b | 42.2x | 59.2x | 2.9x |
| Tue, 09 Aug 2022 | ₹1.7t | ₹589.9b | ₹26.6b | 37.4x | 62.1x | 2.8x |
| Thu, 07 Jul 2022 | ₹1.6t | ₹549.2b | ₹24.5b | 38.7x | 63.3x | 2.8x |
| Sat, 04 Jun 2022 | ₹1.6t | ₹543.7b | ₹27.8b | 38.1x | 56.2x | 2.9x |
| Mon, 02 May 2022 | ₹1.8t | ₹526.3b | ₹30.3b | 38.2x | 58.1x | 3.3x |
| Wed, 30 Mar 2022 | ₹1.7t | ₹526.3b | ₹30.3b | 39.5x | 56.4x | 3.2x |
| Fri, 25 Feb 2022 | ₹1.6t | ₹526.3b | ₹30.3b | 38.5x | 52.6x | 3x |
| Sun, 23 Jan 2022 | ₹1.8t | ₹511.4b | ₹32.7b | 40.4x | 55.8x | 3.6x |
| Tue, 21 Dec 2021 | ₹1.8t | ₹510.8b | ₹32.8b | 34.6x | 54.7x | 3.5x |
| Thu, 18 Nov 2021 | ₹1.9t | ₹508.8b | ₹32.6b | 41.7x | 58.6x | 3.8x |
| Sat, 16 Oct 2021 | ₹1.9t | ₹475.2b | ₹28.2b | 45.7x | 67.2x | 4x |
| Mon, 13 Sep 2021 | ₹1.8t | ₹485.4b | -₹46,338,737,076.00 | 37.2x | -38.2x | 3.6x |
| Wed, 11 Aug 2021 | ₹1.6t | ₹479.7b | ₹28.3b | 32.3x | 57.8x | 3.4x |
Price to Earnings Ratio
58.9x
Current Industry PE
- Investors are optimistic on the Indian Consumer Durables industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 85.6x which is higher than its 3-year average PE of 61.3x.
- The 3-year average PS ratio of 2.8x is lower than the industry's current PS ratio of 3.4x.
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 Indian Consumer Discretionary industry?
| IN Market | 1.06% | |
| Consumer Discretionary | 0.95% | |
| Consumer Durables | 2.57% | |
| Household Appliances | 3.68% | |
| Consumer Electronics | 3.67% | |
| Home Furnishings | -1.91% | |
| Housewares and Specialties | -3.23% | |
| Homebuilding | -14.94% | |
Industry PE
- Investors are most optimistic about the Consumer Electronics industry which is trading above its 3-year average PE ratio of 127x.
- Analysts are expecting annual earnings growth of 33.5%, which is higher than its past year's earnings growth of 30.1% per year.
- Investors are most pessimistic about the Homebuilding industry, which is trading below its 3-year average of 219x.
Forecasted Growth
- Analysts are most optimistic on the Consumer Electronics industry, expecting annual earnings growth of 33% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Housewares and Specialties industry is expected to see its earnings grow by 18% 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 | |
|---|---|---|---|---|---|
| DIXON Dixon Technologies (India) | ₹12.45k | 7.2% +₹50.3b | 185.6% | PE202.5x | |
| 500238 Whirlpool of India | ₹1.96k | 7.0% +₹16.1b | 31.5% | PE114.3x | |
| AMBER Amber Enterprises India | ₹4.49k | 9.2% +₹12.8b | 98.8% | PE113.8x | |
| 543482 Eureka Forbes | ₹500.00 | 13.5% +₹11.5b | -10.5% | PE101.2x | |
| 517506 TTK Prestige | ₹825.25 | 7.1% +₹7.6b | 10.0% | PE50.1x |
