Is Technogym S.p.A. (BIT:TGYM) Expensive For A Reason? A Look At Its Intrinsic Value
Dec 03
Italian (Borsa Italiana) Consumer Discretionary Sector Analysis
UpdatedDec 04, 2022
DataAggregated Company Financials
Companies71
- 7D0.9%
- 3M13.9%
- 1Y-11.7%
- YTD-17.4%
The Consumer Discretionary is pretty flat in the last 7 days, but Brunello Cucinelli has stood out, gaining 6.7%. As for the longer term, the industry has declined 12% in the last year. Looking forward, earnings are forecast to grow by 5.5% annually.
Sector Valuation and Performance
Has the Italian Consumer Discretionary Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 04 Dec 2022 | €95.3b | €210.4b | €17.8b | 16.8x | 5.4x | 0.5x |
| Tue, 01 Nov 2022 | €87.8b | €209.1b | €17.7b | 16.9x | 4.9x | 0.4x |
| Thu, 29 Sep 2022 | €82.5b | €209.0b | €17.7b | 17.7x | 4.7x | 0.4x |
| Sat, 27 Aug 2022 | €87.1b | €208.2b | €17.7b | 19.4x | 4.9x | 0.4x |
| Mon, 25 Jul 2022 | €83.6b | €190.5b | €15.3b | 19x | 5.5x | 0.4x |
| Wed, 22 Jun 2022 | €81.1b | €190.5b | €15.3b | 19.7x | 5.3x | 0.4x |
| Fri, 20 May 2022 | €88.0b | €190.4b | €15.3b | 16.1x | 5.8x | 0.5x |
| Sun, 17 Apr 2022 | €92.3b | €189.4b | €15.3b | 16.8x | 6x | 0.5x |
| Tue, 15 Mar 2022 | €90.5b | €188.7b | €15.3b | 15.4x | 5.9x | 0.5x |
| Thu, 10 Feb 2022 | €109.5b | €151.4b | €8.6b | 19x | 12.8x | 0.7x |
| Sat, 08 Jan 2022 | €115.6b | €151.3b | €8.6b | 19.5x | 13.5x | 0.8x |
| Mon, 06 Dec 2021 | €103.2b | €149.4b | €8.4b | 18.9x | 12.2x | 0.7x |
| Wed, 03 Nov 2021 | €108.1b | €148.8b | €8.4b | 20.2x | 12.9x | 0.7x |
| Fri, 01 Oct 2021 | €100.4b | €148.8b | €8.4b | 23.6x | 11.9x | 0.7x |
| Sun, 29 Aug 2021 | €104.2b | €148.3b | €8.3b | 23.8x | 12.6x | 0.7x |
| Mon, 05 Jul 2021 | €101.9b | €148.3b | €8.3b | 24.7x | 12.3x | 0.7x |
| Thu, 08 Apr 2021 | €88.1b | €116.7b | €5.4b | 20.4x | 16.3x | 0.8x |
| Sun, 10 Jan 2021 | €82.5b | €177.8b | €2.1b | 22.6x | 39.9x | 0.5x |
| Sat, 03 Oct 2020 | €61.9b | €174.6b | €2.6b | 20.4x | 23.5x | 0.4x |
| Tue, 07 Jul 2020 | €58.3b | €179.5b | €1.4b | 18.4x | 42.5x | 0.3x |
| Fri, 10 Apr 2020 | €49.3b | €208.5b | €4.6b | 13.9x | 10.7x | 0.2x |
| Thu, 02 Jan 2020 | €80.2b | €223.0b | €7.8b | 16.8x | 10.3x | 0.4x |
Price to Earnings Ratio
10.3x
Current Industry PE
- Investors are pessimistic on the Italian Consumer Discretionary 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 5.4x which is lower than its 3-year average PE of 17.0x.
- The industry is trading close to its 3-year average PS ratio of 0.51x.
Past Earnings Growth
- The earnings for companies in the Consumer Discretionary industry have grown 37% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Trends
Which industries have driven the changes within the Italian Consumer Discretionary sector?
| IT Market | -0.25% | |
| Consumer Discretionary | 0.90% | |
| Leisure | 4.11% | |
| Luxury | 2.67% | |
| Auto Components | 1.26% | |
| Consumer Durables | 1.01% | |
| Hospitality | 0.69% | |
| Specialty Stores | 0.68% | |
| Online Retail and Ecommerce | 0.19% | |
| General Merchanise and Department Stores | 0% | |
| Auto | -0.20% | |
| Consumer Services | -1.43% | |
| Retail Distributors | -4.26% | |
Industry PE
- Investors are most optimistic about the Online Retail and Ecommerce industry which is trading above its 3-year average PE ratio of 4.1x.
- Analysts are expecting annual earnings growth of 67.3%, which is higher than its past year's earnings decline of 53.2% per year.
Forecasted Growth
- Analysts are most optimistic on the Consumer Services industry, expecting annual earnings growth of 76% over the next 5 years.
- In contrast, the Auto industry is expected to see its earnings decline by 4.5% 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 | |
|---|---|---|---|---|---|
| BC Brunello Cucinelli | €63.95 | 6.7% +€272.0m | 14.3% | PE54.7x | |
| SFER Salvatore Ferragamo | €17.35 | 7.8% +€206.8m | -17.1% | PE26.1x | |
| ARIS Ariston Holding | €9.45 | 2.8% +€84.4m | -7.7% | PE25.7x | |
| MONC Moncler | €48.27 | 0.6% +€72.6m | -25.9% | PE23.4x | |
| TGYM Technogym | €7.63 | 4.9% +€71.5m | -7.0% | PE27.3x |
