Sabaf (BIT:SAB) May Have Issues Allocating Its Capital
Jul 24
Italian (Borsa Italiana) Consumer Durables Industry Analysis
UpdatedJul 25, 2024
DataAggregated Company Financials
Companies13
- 7D-0.9%
- 3M1.2%
- 1Y34.5%
- YTD1.4%
The Consumer Durables is pretty flat in the last 7 days, but Sabaf has stood out, gaining 9.5%. As for the the longer term, the industry is up 38% over the past 12 months. Looking forward, earnings are forecast to grow by 13% annually.
Industry Valuation and Performance
Has the Italian Consumer Durables Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | €6.2b | €5.4b | €359.4m | 17.1x | 17.2x | 1.2x |
| Sun, 23 Jun 2024 | €6.3b | €5.4b | €359.4m | 16.7x | 17.5x | 1.2x |
| Tue, 21 May 2024 | €6.1b | €5.5b | €382.6m | 14.8x | 16x | 1.1x |
| Thu, 18 Apr 2024 | €7.6b | €8.6b | €563.9m | 13.3x | 13.4x | 0.9x |
| Sat, 16 Mar 2024 | €8.4b | €8.6b | €568.6m | 12x | 14.9x | 1x |
| Mon, 12 Feb 2024 | €7.7b | €8.2b | €489.1m | 11.5x | 15.8x | 0.9x |
| Wed, 10 Jan 2024 | €8.4b | €8.2b | €489.1m | 12.7x | 17.2x | 1x |
| Fri, 08 Dec 2023 | €7.7b | €8.2b | €491.6m | 11.2x | 15.6x | 0.9x |
| Sun, 05 Nov 2023 | €6.9b | €8.1b | €464.4m | 10x | 14.8x | 0.8x |
| Tue, 03 Oct 2023 | €6.7b | €8.1b | €459.7m | 11.6x | 14.5x | 0.8x |
| Thu, 31 Aug 2023 | €7.7b | €8.1b | €464.7m | 14.2x | 16.7x | 1x |
| Sat, 29 Jul 2023 | €7.8b | €7.7b | €416.4m | 12.1x | 18.7x | 1x |
| Mon, 26 Jun 2023 | €7.8b | €7.7b | €421.5m | 11.6x | 18.6x | 1x |
| Wed, 24 May 2023 | €8.3b | €7.4b | €406.2m | 15x | 20.3x | 1.1x |
| Fri, 21 Apr 2023 | €8.1b | €7.5b | €433.2m | 12.9x | 18.7x | 1.1x |
| Sun, 19 Mar 2023 | €7.8b | €7.5b | €425.7m | 15.3x | 18.4x | 1x |
| Tue, 14 Feb 2023 | €8.1b | €7.4b | €406.8m | 15.1x | 20x | 1.1x |
| Thu, 12 Jan 2023 | €7.9b | €7.4b | €406.8m | 14.6x | 19.4x | 1.1x |
| Sat, 10 Dec 2022 | €7.5b | €7.4b | €408.9m | 15.4x | 18.4x | 1x |
| Mon, 07 Nov 2022 | €6.4b | €7.4b | €447.1m | 12.7x | 14.3x | 0.9x |
| Wed, 05 Oct 2022 | €6.4b | €7.4b | €451.1m | 10.8x | 14.1x | 0.9x |
| Fri, 02 Sep 2022 | €6.2b | €7.4b | €457.9m | 11.5x | 13.5x | 0.8x |
| Sun, 31 Jul 2022 | €6.7b | €7.1b | €473.9m | 12.8x | 14.2x | 0.9x |
| Tue, 28 Jun 2022 | €6.5b | €7.2b | €549.3m | 12.2x | 11.9x | 0.9x |
| Thu, 26 May 2022 | €7.7b | €7.2b | €555.1m | 11.7x | 13.9x | 1.1x |
| Sat, 23 Apr 2022 | €8.1b | €7.1b | €571.0m | 11.3x | 14.1x | 1.1x |
| Mon, 21 Mar 2022 | €8.4b | €7.0b | €566.0m | 11.2x | 14.9x | 1.2x |
| Wed, 16 Feb 2022 | €9.3b | €6.8b | €625.0m | 15x | 14.9x | 1.4x |
| Fri, 14 Jan 2022 | €9.6b | €6.8b | €633.3m | 15x | 15.1x | 1.4x |
| Sun, 12 Dec 2021 | €9.4b | €4.9b | €469.1m | 13.4x | 20x | 1.9x |
| Tue, 09 Nov 2021 | €6.7b | €4.7b | €460.5m | 15.1x | 14.6x | 1.4x |
| Thu, 07 Oct 2021 | €6.0b | €4.7b | €457.9m | 13.9x | 13.2x | 1.3x |
| Sat, 04 Sep 2021 | €7.3b | €4.6b | €438.2m | 17.4x | 16.7x | 1.6x |
| Mon, 02 Aug 2021 | €7.1b | €4.6b | €438.2m | 17.1x | 16.3x | 1.6x |
Price to Earnings Ratio
16.3x
Current Industry PE
- Investors are optimistic on the Italian Consumer Durables industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 17.5x which is higher than its 3-year average PE of 15.9x.
- The industry is trading close to its 3-year average PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Consumer Durables industry have declined 6.4% per year over the last three years.
- Meanwhile revenues for these companies have grown 5.3% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Italian Consumer Discretionary industry?
| IT Market | 0.13% | |
| Consumer Discretionary | -2.39% | |
| Consumer Durables | -0.86% | |
| Homebuilding | 2.58% | |
| Home Furnishings | 1.94% | |
| Housewares and Specialties | 0% | |
| Household Appliances | -1.01% | |
| Consumer Electronics | -2.23% | |
Industry PE
- Investors are most optimistic about the Homebuilding industry which is trading above its 3-year average PE ratio of 13.0x.
- Analysts are expecting annual earnings growth of 51.5%, which is higher than its past year's earnings decline of 88.7% per year.
Forecasted Growth
- Analysts are most optimistic on the Homebuilding industry, expecting annual earnings growth of 51% over the next 5 years.
- This is better than its past earnings decline of 89% per year.
- In contrast, the Home Furnishings industry is expected to see its earnings growth to stay flat 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 | |
|---|---|---|---|---|---|
| SAB Sabaf | €17.85 | 9.5% +€19.3m | 3.5% | PE27.2x | |
| ABT Abitare In | €4.38 | 1.9% +€2.1m | -19.2% | PE37.3x | |
| GBUS Gibus | €8.88 | 5.0% +€2.1m | -32.5% | PE12x | |
| INDB Indel B | €20.80 | 1.0% +€1.1m | -9.2% | PE10.6x | |
| RAD Radici Pietro Industries & Brands | €1.17 | 2.6% +€264.3k | -12.0% | PE22.3x |
