Is United Spirits (NSE:MCDOWELL-N) Using Too Much Debt?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Has the Indian Consumer Staples Sector valuation changed over the past few years?
|Sun, 28 Nov 2021||₹22.6t||₹4.4t||₹471.0b||18.1x|
|Tue, 26 Oct 2021||₹22.8t||₹4.3t||₹460.0b||21.7x|
|Thu, 23 Sep 2021||₹24.4t||₹4.3t||₹454.9b||22.5x|
|Sat, 21 Aug 2021||₹22.5t||₹4.3t||₹440.7b||22x|
|Sat, 05 Jun 2021||₹20.8t||₹4.1t||₹432.1b||21.5x|
|Tue, 09 Mar 2021||₹19.0t||₹3.9t||₹407.2b||17.3x|
|Mon, 30 Nov 2020||₹18.3t||₹3.8t||₹473.2b||16.7x|
|Thu, 03 Sep 2020||₹17.7t||₹3.8t||₹474.0b||15.9x|
|Sun, 07 Jun 2020||₹17.0t||₹3.9t||₹486.7b||15.9x|
|Sat, 29 Feb 2020||₹16.7t||₹3.8t||₹430.3b||14.4x|
|Tue, 03 Dec 2019||₹16.8t||₹3.7t||₹404.1b||14.2x|
|Fri, 06 Sep 2019||₹15.7t||₹3.7t||₹385.4b||15.1x|
|Mon, 10 Jun 2019||₹15.8t||₹3.6t||₹372.6b||19.1x|
|Sun, 03 Mar 2019||₹15.6t||₹3.5t||₹329.3b||18.9x|
|Wed, 05 Dec 2018||₹15.9t||₹3.4t||₹335.3b||19.5x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 17.6x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Consumer Staples industry have grown 12% per year over the last three years, and revenues for these companies have grown 8.9% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Which industries have driven the changes within the Indian Consumer Staples sector?
|Food and Staples Retail||-7.08%|
Industry PE: Investors are most optimistic about the Household Products industry which is trading above its 3-year average PE ratio of 30.6x. This is likely because analysts are expecting annual earnings growth of 15%, which is higher than its past year's earnings decline of 8.2% per year. Meanwhile, investors are most pessimistic about the Food and Staples Retail industry, which is trading below its 3-year average of 22.0x.
Forecasted Growth: Analysts are most optimistic on the Food and Staples Retail industry, expecting annual earnings growth of 36% over the next 5 years. However this is lower than its past earnings growth rate of 82% per year. Meanwhile, the Tobacco industry is expected to see its earnings grow by 11% per year over the next few years.
Which companies have driven the market over the last 7 days?
Godrej Consumer Products
Tata Consumer Products
Gokul Agro Resources
Triveni Engineering & Industries
Hatsun Agro Product