Should You Think About Buying Carel Industries S.p.A. (BIT:CRL) Now?
May 27
Italian (Borsa Italiana) Market Analysis & Valuation
UpdatedJun 06, 2023
DataAggregated Company Financials
Companies412
- 7D0.4%
- 3M-2.9%
- 1Y-10.8%
- YTD7.5%
In the last week, the market has been flat. Unfortunately though, the market is down 11% over the past year. As for the next few years, earnings are expected to grow by 8.1% per annum.
Market Valuation and Performance
Has the Italian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 06 Jun 2023 | €646.1b | €996.0b | €79.1b | 15.7x | 8.2x | 0.6x |
| Thu, 04 May 2023 | €652.0b | €996.5b | €75.8b | 15.9x | 8.6x | 0.7x |
| Sat, 01 Apr 2023 | €651.9b | €992.4b | €69.1b | 15.7x | 9.4x | 0.7x |
| Mon, 27 Feb 2023 | €654.5b | €994.0b | €58.1b | 15.8x | 11.3x | 0.7x |
| Wed, 25 Jan 2023 | €639.0b | €962.5b | €53.7b | 16.3x | 11.9x | 0.7x |
| Fri, 23 Dec 2022 | €594.2b | €962.8b | €53.9b | 15.7x | 11x | 0.6x |
| Sun, 20 Nov 2022 | €610.1b | €960.7b | €53.8b | 16.1x | 11.3x | 0.6x |
| Tue, 18 Oct 2022 | €540.0b | €931.1b | €53.2b | 14.4x | 10.2x | 0.6x |
| Thu, 15 Sep 2022 | €577.3b | €927.9b | €53.1b | 17.2x | 10.9x | 0.6x |
| Sat, 13 Aug 2022 | €601.5b | €925.9b | €53.1b | 18.4x | 11.3x | 0.6x |
| Mon, 11 Jul 2022 | €576.6b | €871.7b | €45.1b | 17.8x | 12.8x | 0.7x |
| Wed, 08 Jun 2022 | €642.8b | €872.0b | €45.0b | 18.6x | 14.3x | 0.7x |
| Fri, 06 May 2022 | €624.7b | €867.7b | €46.9b | 17.7x | 13.3x | 0.7x |
| Sun, 03 Apr 2022 | €659.3b | €809.8b | €44.6b | 18.3x | 14.8x | 0.8x |
| Tue, 01 Mar 2022 | €670.4b | €909.6b | €56.3b | 17.9x | 11.9x | 0.7x |
| Thu, 27 Jan 2022 | €694.5b | €831.1b | €40.9b | 18.8x | 17x | 0.8x |
| Sat, 25 Dec 2021 | €698.7b | €820.3b | €40.8b | 18.9x | 17.1x | 0.9x |
| Mon, 22 Nov 2021 | €697.8b | €813.1b | €40.4b | 19x | 17.3x | 0.9x |
| Wed, 20 Oct 2021 | €688.4b | €783.9b | €39.9b | 19.2x | 17.3x | 0.9x |
| Fri, 17 Sep 2021 | €677.4b | €782.2b | €39.5b | 22.2x | 17.1x | 0.9x |
| Sun, 15 Aug 2021 | €695.2b | €781.9b | €39.5b | 21.7x | 17.6x | 0.9x |
| Thu, 10 Jun 2021 | €649.4b | €718.4b | €26.4b | 21.7x | 24.6x | 0.9x |
| Wed, 03 Mar 2021 | €582.4b | €675.5b | €12.8b | 19.4x | 45.4x | 0.9x |
| Sat, 05 Dec 2020 | €558.2b | €735.1b | €15.2b | 19.6x | 36.6x | 0.8x |
| Tue, 08 Sep 2020 | €491.5b | €726.0b | €11.3b | 17.1x | 43.4x | 0.7x |
Price to Earnings Ratio
42.4x
Current Market PE
- Investors are pessimistic on the Italian market, indicating that they anticipate earnings will not grow as fast as they have historically.
- The market is trading at a PE ratio of 8.2x which is lower than its 3-year average PE of 21.1x.
Past Earnings Growth
- The earnings for Italian listed companies have grown 90% per year over the last three years.
- Revenues for these companies have grown 11% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Sector Trends
Which sectors have driven the changes within the Italian Market?
| IT Market | 0.43% | |
| Utilities | 1.05% | |
| Real Estate | 0.86% | |
| Consumer Staples | 0.83% | |
| Consumer Discretionary | 0.48% | |
| Healthcare | 0.40% | |
| Financials | 0.35% | |
| Industrials | 0.34% | |
| Tech | 0.26% | |
| Telecom | -0.18% | |
| Materials | -0.23% | |
| Energy | -0.24% | |
Sector PE
- Investors favour the Consumer Staples sector the most for future growth, which is trading close to its 3-year average PE ratio of 36.9x.
- The market's confidence is likely because analysts are expecting annual earnings growth of 15.1%, which is higher than its past year's earnings growth of 8.3% per year.
Forecasted Growth
- Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 44% over the next 5 years.
- This is better than its past earnings decline of 18% per year.
- In contrast, the Energy sector is expected to see its earnings decline by 23% 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 | Sector | |
|---|---|---|---|---|---|---|
| ENI Eni | €13.10 | -0.9% €2.1b | -9.2% | PE3.7x | Energy | |
| ISP Intesa Sanpaolo | €2.26 | 1.5% +€588.0m | 10.9% | PB0.6x | Financials | |
| TRN Terna | €7.95 | 2.6% +€409.1m | 2.2% | PE18x | Utilities | |
| ENEL Enel | €6.00 | 0.7% +€406.4m | -0.5% | PE20x | Utilities | |
| CRL Carel Industries | €27.95 | 11.4% +€284.8m | 28.8% | PE43.5x | Industrials |
Market Insights
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