There's Reason For Concern Over The Western India Plywoods Limited's (NSE:WIPL) Massive 32% Price Jump
Dec 19
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Indian (NIFTY) Paper and Forestry Products Industry Analysis
UpdatedDec 20, 2024
DataAggregated Company Financials
Companies48
- 7D-3.3%
- 3M-5.2%
- 1Y26.5%
- YTD23.3%
Over the last 7 days, the Paper and Forestry Products industry has dropped 3.3%, driven by declines in Century Plyboards (India) and Aditya Birla Real Estate of 7.0% and 3.8%, respectively. In contrast, Pudumjee Paper Products has gained 23%. In the past year, the industry has gained 27%. Looking forward, earnings are forecast to grow by 38% 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 |
|---|---|---|---|---|---|---|
| Sat, 21 Dec 2024 | ₹855.2b | ₹459.5b | ₹30.7b | 24.7x | 27.9x | 1.9x |
| Mon, 18 Nov 2024 | ₹795.8b | ₹458.9b | ₹30.6b | 33.1x | 26x | 1.7x |
| Wed, 16 Oct 2024 | ₹909.3b | ₹455.0b | ₹36.0b | 32.7x | 25.3x | 2x |
| Fri, 13 Sep 2024 | ₹878.6b | ₹455.0b | ₹36.0b | 33.4x | 24.4x | 1.9x |
| Sun, 11 Aug 2024 | ₹796.1b | ₹454.5b | ₹38.9b | 35.6x | 20.5x | 1.8x |
| Tue, 09 Jul 2024 | ₹823.3b | ₹451.3b | ₹43.2b | 27.2x | 19.1x | 1.8x |
| Thu, 06 Jun 2024 | ₹674.3b | ₹449.1b | ₹43.2b | 23.9x | 15.6x | 1.5x |
| Sat, 04 May 2024 | ₹717.0b | ₹461.5b | ₹48.4b | 21.6x | 14.8x | 1.6x |
| Mon, 01 Apr 2024 | ₹638.0b | ₹462.0b | ₹49.4b | 17.4x | 12.9x | 1.4x |
| Wed, 28 Feb 2024 | ₹686.0b | ₹462.0b | ₹49.4b | 19.5x | 13.9x | 1.5x |
| Fri, 26 Jan 2024 | ₹704.4b | ₹465.2b | ₹52.5b | 11.2x | 13.4x | 1.5x |
| Sun, 24 Dec 2023 | ₹671.1b | ₹466.0b | ₹53.0b | 9.1x | 12.7x | 1.4x |
| Tue, 21 Nov 2023 | ₹615.8b | ₹466.0b | ₹53.0b | 8.8x | 11.6x | 1.3x |
| Thu, 19 Oct 2023 | ₹634.8b | ₹473.7b | ₹55.9b | 8.7x | 11.4x | 1.3x |
| Sat, 16 Sep 2023 | ₹619.7b | ₹474.3b | ₹56.0b | 9.4x | 11.1x | 1.3x |
| Mon, 14 Aug 2023 | ₹541.2b | ₹474.9b | ₹56.1b | 7.7x | 9.7x | 1.1x |
| Wed, 12 Jul 2023 | ₹536.5b | ₹472.7b | ₹53.9b | 10.2x | 10x | 1.1x |
| Fri, 09 Jun 2023 | ₹501.3b | ₹473.1b | ₹53.5b | 9.9x | 9.4x | 1.1x |
| Sun, 07 May 2023 | ₹490.7b | ₹459.9b | ₹47.9b | 8.3x | 10.2x | 1.1x |
| Tue, 04 Apr 2023 | ₹450.8b | ₹454.5b | ₹45.8b | 7.8x | 9.8x | 1x |
| Thu, 02 Mar 2023 | ₹452.9b | ₹454.5b | ₹45.8b | 8.3x | 9.9x | 1x |
| Sat, 28 Jan 2023 | ₹466.2b | ₹432.3b | ₹38.2b | 12.5x | 12.2x | 1.1x |
| Mon, 26 Dec 2022 | ₹460.6b | ₹431.1b | ₹37.7b | 11.1x | 12.2x | 1.1x |
| Wed, 23 Nov 2022 | ₹521.8b | ₹431.1b | ₹37.7b | 11x | 13.8x | 1.2x |
| Fri, 21 Oct 2022 | ₹548.7b | ₹400.5b | ₹30.1b | 15.3x | 18.2x | 1.4x |
| Sun, 18 Sep 2022 | ₹572.5b | ₹399.2b | ₹29.7b | 14.8x | 19.3x | 1.4x |
| Tue, 16 Aug 2022 | ₹538.7b | ₹396.4b | ₹29.6b | 11.1x | 18.2x | 1.4x |
| Thu, 14 Jul 2022 | ₹472.7b | ₹351.2b | ₹23.1b | 12.9x | 20.4x | 1.3x |
| Sat, 11 Jun 2022 | ₹478.9b | ₹351.2b | ₹23.2b | 12.3x | 20.7x | 1.4x |
| Mon, 09 May 2022 | ₹508.4b | ₹337.4b | ₹22.5b | 11.3x | 22.6x | 1.5x |
| Wed, 06 Apr 2022 | ₹548.1b | ₹330.1b | ₹21.2b | 11.5x | 25.9x | 1.7x |
| Fri, 04 Mar 2022 | ₹443.3b | ₹330.1b | ₹21.2b | 9.6x | 20.9x | 1.3x |
| Sun, 30 Jan 2022 | ₹468.4b | ₹306.6b | ₹17.5b | 14x | 26.8x | 1.5x |
| Tue, 28 Dec 2021 | ₹451.8b | ₹300.5b | ₹17.3b | 11.1x | 26.1x | 1.5x |
Price to Earnings Ratio
26.1x
Current Industry PE
- Investors are optimistic on the Indian Forestry industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 27.9x which is higher than its 3-year average PE of 16.8x.
- The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 1.9x.
Past Earnings Growth
- The earnings for companies in the Forestry industry have grown 21% per year over the last three years.
- Revenues for these companies have grown 15% 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 | -2.05% | |
| Materials | -3.25% | |
| Paper and Forestry Products | -3.29% | |
| Paper Products | -1.56% | |
| Forestry Products | -6.65% | |
Industry PE
- Investors are most optimistic about the Forestry Products industry which is trading above its 3-year average PE ratio of 34.9x.
- Analysts are expecting annual earnings growth of 40.5%, which is higher than its past year's earnings decline of 2.6% per year.
- Investors are most pessimistic about the Paper Products industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 13.0x.
Forecasted Growth
- Analysts are most optimistic on the Forestry Products industry, expecting annual earnings growth of 41% over the next 5 years.
- This is better than its past earnings decline of 2.6% per year.
- In contrast, the Paper Products industry is expected to see its earnings grow by 37% 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 | |
|---|---|---|---|---|---|
| TNPL Tamil Nadu Newsprint and Papers | ₹207.29 | 16.9% +₹2.1b | -30.1% | PE19.5x | |
| PDMJEPAPER Pudumjee Paper Products | ₹214.28 | 9.7% +₹1.8b | 327.3% | PE16.1x | |
| 533208 Emami Paper Mills | ₹116.80 | 6.1% +₹405.3m | -6.9% | PE8.6x | |
| ARCHIDPLY Archidply Industries | ₹121.35 | 8.2% +₹182.4m | 30.6% | PS0.5x | |
| SHREYANIND Shreyans Industries | ₹246.65 | 5.0% +₹162.7m | -6.2% | PE5.8x |
