Is Marel hf (ICE:MAREL) A Risky Investment?
Nov 22
Icelandic (OMX) Industrials Sector Analysis
UpdatedDec 04, 2022
DataAggregated Company Financials
Companies5
- 7D-4.6%
- 3M1.9%
- 1Y-27.6%
- YTD-29.6%
Over the last 7 days, the Industrials industry has dropped 4.7%, driven by a pullback from Marel hf of 5.3%. However, the industry is down 26% over the past year. Earnings are forecast to grow by 46% annually.
Sector Valuation and Performance
Has the Icelandic Industrials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 04 Dec 2022 | Kr634.2b | Kr599.7b | Kr13.6b | 25.3x | 46.7x | 1.1x |
| Tue, 01 Nov 2022 | Kr610.0b | Kr557.2b | Kr12.5b | 21.6x | 48.9x | 1.1x |
| Thu, 29 Sep 2022 | Kr554.0b | Kr514.3b | Kr6.8b | 23.3x | 81.5x | 1.1x |
| Sat, 27 Aug 2022 | Kr651.9b | Kr513.1b | Kr7.5b | 24.6x | 86.6x | 1.3x |
| Mon, 25 Jul 2022 | Kr694.4b | Kr483.4b | Kr8.6b | 26.6x | 80.9x | 1.4x |
| Wed, 22 Jun 2022 | Kr636.4b | Kr440.7b | Kr1.2b | 25.2x | 517.5x | 1.4x |
| Fri, 20 May 2022 | Kr683.8b | Kr446.9b | Kr2.8b | 26.4x | 248x | 1.5x |
| Sun, 17 Apr 2022 | Kr811.3b | Kr415.3b | Kr4.6b | 29.1x | 176.2x | 2x |
| Tue, 15 Mar 2022 | Kr798.6b | Kr427.7b | Kr8.0b | 28.9x | 99.3x | 1.9x |
| Thu, 10 Feb 2022 | Kr855.7b | Kr403.5b | Kr6.6b | 30.6x | 130.4x | 2.1x |
| Sat, 08 Jan 2022 | Kr882.9b | Kr394.9b | Kr1.0b | 27.4x | 846x | 2.2x |
| Mon, 06 Dec 2021 | Kr848.4b | Kr395.2b | Kr954.7m | 27.4x | 888.7x | 2.1x |
| Wed, 03 Nov 2021 | Kr893.1b | Kr394.5b | -Kr615,202,311.00 | 45.5x | -1451.7x | 2.3x |
| Fri, 01 Oct 2021 | Kr887.1b | Kr368.6b | Kr2.7b | 43.2x | 324.2x | 2.4x |
| Sun, 29 Aug 2021 | Kr918.2b | Kr358.2b | Kr3.0b | 42.7x | 302.6x | 2.6x |
| Mon, 05 Jul 2021 | Kr818.0b | Kr358.2b | Kr3.0b | 36.6x | 269.6x | 2.3x |
| Thu, 08 Apr 2021 | Kr786.4b | Kr351.1b | -Kr688,963,153.05 | 27.6x | -1141.4x | 2.2x |
| Sun, 10 Jan 2021 | Kr723.8b | Kr375.9b | -Kr27,910,811,152.57 | 37x | -25.9x | 1.9x |
| Sat, 03 Oct 2020 | Kr585.5b | Kr427.9b | -Kr28,091,141,804.49 | 25.9x | -20.8x | 1.4x |
| Tue, 07 Jul 2020 | Kr588.8b | Kr478.0b | -Kr24,795,116,973.54 | 25.8x | -23.7x | 1.2x |
| Fri, 10 Apr 2020 | Kr490.3b | Kr534.9b | -Kr16,941,487,567.91 | 20.8x | -28.9x | 0.9x |
| Thu, 02 Jan 2020 | Kr564.4b | Kr470.5b | Kr9.9b | 31.2x | 56.8x | 1.2x |
Price to Earnings Ratio
56.8x
Current Industry PE
- Investors are pessimistic on the Icelandic Industrials 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 46.6x which is lower than its 3-year average PE of 58.9x.
- The 3-year average PS ratio of 1.7x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Industrials industry have grown 8.8% per year over the last three years.
- Revenues for these companies have grown 8.3% 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 Icelandic Industrials sector?
| IS Market | -2.02% | |
| Industrials | -4.58% | |
| Aerospace & Defense | 0% | |
| Building | 0% | |
| Construction | 0% | |
| Electrical | 0% | |
| Industrials | 0% | |
| Trade Distributors | 0% | |
| Commercial Services | 0% | |
| Professional Services | 0% | |
| Logistics | 0% | |
| Transportation | 0% | |
| Infrastructure | 0% | |
| Marine and Shipping | -2.78% | |
| Airlines | -4.38% | |
| Machinery | -4.96% | |
Industry PE
- Investors are most optimistic about the Machinery industry, which is trading close to its 3-year average PE ratio of 36.1x.
- Analysts are expecting annual earnings growth of 46.2%, which is higher than its past year's earnings decline of 13.9% per year.
Forecasted Growth
- Analysts are most optimistic on the Machinery industry, expecting annual earnings growth of 46% over the next 5 years.
- This is better than its past earnings decline of 14% per year.
- In contrast, the Machinery industry is expected to see its earnings grow by 46% 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 | |
|---|---|---|---|---|---|
| PLAY Fly Play hf | Kr13.45 | 2.7% +Kr3.3b | -41.5% | PS0.8x |