Here's Why Milton Industries (NSE:MILTON) Has Caught The Eye Of Investors
Dec 02
Indian (NIFTY) Paper and Forestry Products Industry Analysis
UpdatedDec 08, 2022
DataAggregated Company Financials
Companies43
- 7D-0.8%
- 3M-9.9%
- 1Y13.8%
- YTD13.1%
Over the last 7 days, the Paper and Forestry Products industry has remained flat, although notably Century Plyboards (India) gained 5.5%. The past year has been better, since the industry has gained 16% in that time. Looking forward, earnings are forecast to grow by 11% annually.
Industry Valuation and Performance
Has the Indian Paper and Forestry Products Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 08 Dec 2022 | ₹523.8b | ₹431.1b | ₹37.7b | 12.5x | 13.9x | 1.2x |
| Sat, 05 Nov 2022 | ₹544.9b | ₹409.6b | ₹32.6b | 16.2x | 16.7x | 1.3x |
| Mon, 03 Oct 2022 | ₹536.3b | ₹399.2b | ₹29.7b | 14.7x | 18.1x | 1.3x |
| Wed, 31 Aug 2022 | ₹573.0b | ₹397.5b | ₹29.7b | 15.2x | 19.3x | 1.4x |
| Fri, 29 Jul 2022 | ₹497.1b | ₹359.2b | ₹24.6b | 13x | 20.2x | 1.4x |
| Sun, 26 Jun 2022 | ₹442.1b | ₹351.2b | ₹23.1b | 11.2x | 19.1x | 1.3x |
| Tue, 24 May 2022 | ₹474.0b | ₹346.1b | ₹23.0b | 11.2x | 20.6x | 1.4x |
| Thu, 21 Apr 2022 | ₹542.9b | ₹330.1b | ₹21.2b | 12.4x | 25.6x | 1.6x |
| Sat, 19 Mar 2022 | ₹513.6b | ₹330.1b | ₹21.2b | 10.5x | 24.3x | 1.6x |
| Mon, 14 Feb 2022 | ₹476.9b | ₹326.7b | ₹20.8b | 12.8x | 23x | 1.5x |
| Wed, 12 Jan 2022 | ₹491.5b | ₹300.8b | ₹17.3b | 12x | 28.4x | 1.6x |
| Fri, 10 Dec 2021 | ₹461.8b | ₹300.5b | ₹17.3b | 11.2x | 26.6x | 1.5x |
| Sun, 07 Nov 2021 | ₹473.9b | ₹283.2b | ₹15.3b | 15.1x | 31x | 1.7x |
| Tue, 05 Oct 2021 | ₹434.5b | ₹265.6b | ₹12.6b | 14.8x | 34.5x | 1.6x |
| Thu, 02 Sep 2021 | ₹390.4b | ₹265.7b | ₹12.0b | 14x | 32.6x | 1.5x |
| Sat, 31 Jul 2021 | ₹409.6b | ₹265.7b | ₹12.0b | 15.8x | 34.2x | 1.5x |
| Tue, 04 May 2021 | ₹302.4b | ₹236.7b | ₹6.2b | 14x | 48.5x | 1.3x |
| Fri, 05 Feb 2021 | ₹248.7b | ₹222.8b | ₹4.5b | 16.1x | 55.7x | 1.1x |
| Mon, 09 Nov 2020 | ₹181.8b | ₹235.2b | ₹7.8b | 9.5x | 23.2x | 0.8x |
| Sun, 02 Aug 2020 | ₹175.4b | ₹251.6b | ₹13.5b | 9.1x | 13x | 0.7x |
| Wed, 06 May 2020 | ₹165.1b | ₹291.6b | ₹22.7b | 5.2x | 7.3x | 0.6x |
| Sat, 08 Feb 2020 | ₹263.2b | ₹301.5b | ₹25.5b | 9.5x | 10.3x | 0.9x |
Price to Earnings Ratio
9.1x
Current Industry PE
- Investors are pessimistic on the Indian Forestry industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 14.0x which is lower than its 3-year average PE of 26.8x.
- The industry is trading close to its 3-year average PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Forestry industry have grown 14% per year over the last three years.
- Revenues for these companies have grown 12% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Indian Materials industry?
| IN Market | -0.05% | |
| Materials | 1.38% | |
| Paper and Forestry Products | -0.77% | |
| Forestry Products | 2.13% | |
| Paper Products | -2.47% | |
Industry PE
- Investors are most optimistic about the Forestry Products industry even though it's trading below its 3-year average PE ratio of 61.2x.
- Analysts are expecting annual earnings growth of 16.0%, which is lower than the prior year's growth of 30.4% per year.
- Investors are most pessimistic about the Paper Products industry, which is trading below its 3-year average of 20.0x.
Forecasted Growth
- Analysts are most optimistic on the Forestry Products industry, expecting annual earnings growth of 16% over the next 5 years.
- However this is lower than its past earnings growth rate of 30% per year.
- In contrast, the Paper Products industry is expected to see its earnings decline by 3.1% 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 | |
|---|---|---|---|---|---|
| 532548 Century Plyboards (India) | ₹566.75 | 5.5% +₹6.6b | -10.6% | PE34.1x | |
| 502330 Andhra Paper | ₹433.15 | 1.5% +₹248.6m | 91.6% | PE5.9x | |
| 532994 Archidply Industries | ₹80.10 | 7.3% +₹108.3m | 91.9% | PE12.5x | |
| MILTON Milton Industries | ₹23.60 | 26.9% +₹85.0m | n/a | PE12.3x | |
| 516003 Duroply Industries | ₹177.00 | 6.7% +₹82.8m | 33.7% | PS0.5x |