We Ran A Stock Scan For Earnings Growth And Piaggio & C (BIT:PIA) Passed With Ease
Dec 02
Italian (Borsa Italiana) Auto Industry Analysis
UpdatedDec 04, 2022
DataAggregated Company Financials
Companies6
- 7D-0.2%
- 3M14.0%
- 1Y-7.0%
- YTD-15.4%
Over the last 7 days, the Auto industry has remained flat, although notably Piaggio & C gained 5.9%. Unfortunately though, the industry is down 7.0% over the past 12 months. Looking forward, earnings are forecast to decline by 4.5% per year.
Industry Valuation and Performance
Has the Italian Auto Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 04 Dec 2022 | €48.2b | €168.9b | €15.5b | 10x | 3.1x | 0.3x |
| Tue, 01 Nov 2022 | €45.1b | €168.6b | €15.5b | 13x | 2.9x | 0.3x |
| Thu, 29 Sep 2022 | €42.2b | €168.6b | €15.5b | 11.3x | 2.7x | 0.3x |
| Sat, 27 Aug 2022 | €44.3b | €168.5b | €15.5b | 12.7x | 2.9x | 0.3x |
| Mon, 25 Jul 2022 | €40.9b | €153.0b | €13.3b | 12.8x | 3.1x | 0.3x |
| Wed, 22 Jun 2022 | €40.8b | €153.0b | €13.3b | 12.3x | 3.1x | 0.3x |
| Fri, 20 May 2022 | €43.3b | €153.0b | €13.3b | 11.9x | 3.3x | 0.3x |
| Sun, 17 Apr 2022 | €45.3b | €152.9b | €13.3b | 12.9x | 3.4x | 0.3x |
| Tue, 15 Mar 2022 | €45.1b | €152.9b | €13.3b | 8.6x | 3.4x | 0.3x |
| Thu, 10 Feb 2022 | €55.0b | €117.1b | €7.0b | 9.7x | 7.9x | 0.5x |
| Sat, 08 Jan 2022 | €57.8b | €117.1b | €7.0b | 10.3x | 8.3x | 0.5x |
| Mon, 06 Dec 2021 | €50.6b | €117.1b | €7.0b | 10.1x | 7.2x | 0.4x |
| Wed, 03 Nov 2021 | €56.1b | €117.1b | €7.0b | 7.9x | 8x | 0.5x |
| Fri, 01 Oct 2021 | €53.1b | €117.1b | €7.0b | 7.5x | 7.6x | 0.5x |
| Sun, 29 Aug 2021 | €55.1b | €117.1b | €7.0b | 7.7x | 7.9x | 0.5x |
| Mon, 05 Jul 2021 | €53.3b | €117.1b | €7.0b | 8x | 7.6x | 0.5x |
| Thu, 08 Apr 2021 | €48.5b | €90.1b | €4.6b | 12.5x | 10.6x | 0.5x |
| Sun, 10 Jan 2021 | €44.1b | €150.2b | €2.2b | 22.6x | 20x | 0.3x |
| Sat, 03 Oct 2020 | €31.2b | €146.1b | €2.5b | 95x | 12.4x | 0.2x |
| Tue, 07 Jul 2020 | €28.0b | €148.0b | €1.0b | 20.8x | 27.4x | 0.2x |
| Fri, 10 Apr 2020 | €22.0b | €172.8b | €3.3b | 17.3x | 6.7x | 0.1x |
| Thu, 02 Jan 2020 | €41.1b | €186.1b | €5.9b | 14.3x | 7x | 0.2x |
Price to Earnings Ratio
7x
Current Industry PE
- Investors are pessimistic on the Italian Auto 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 3.1x which is lower than its 3-year average PE of 10.0x.
- The industry is trading close to its 3-year average PS ratio of 0.33x.
Past Earnings Growth
- The earnings for companies in the Auto industry have grown 41% per year over the last three years.
- Meanwhile revenues for these companies have declined 3.1% per year.
- This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the Italian Consumer Discretionary industry?
| IT Market | -0.25% | |
| Consumer Discretionary | 0.90% | |
| Auto | -0.20% | |
| Motorcycle Manufacturers | 5.26% | |
| Automobile Manufacturers | -0.33% | |
Industry PE
- Investors are most optimistic about the Motorcycle Manufacturers industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 12.8%, which is lower than the prior year's growth of 41.4% per year.
- Investors are most pessimistic about the Automobile Manufacturers industry, which is trading below its 3-year average of 9.8x.
Forecasted Growth
- Analysts are most optimistic on the Motorcycle Manufacturers industry, expecting annual earnings growth of 13% over the next 5 years.
- However this is lower than its past earnings growth rate of 41% per year.
- In contrast, the Automobile Manufacturers industry is expected to see its earnings decline by 4.9% 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 | |
|---|---|---|---|---|---|
| PIA Piaggio & C | €2.92 | 5.9% +€57.5m | 6.1% | PE13.1x | |
| IMS Immsi | €0.42 | 1.8% +€2.6m | -7.1% | PE6.9x |