Has the Italian Food Industry valuation changed over the past few years?
|Fri, 26 Nov 2021||€1.6b||€1.8b||€91.3m||17.6x|
|Sun, 24 Oct 2021||€1.6b||€1.7b||€85.5m||17.1x|
|Tue, 21 Sep 2021||€1.6b||€1.7b||€86.5m||16.6x|
|Thu, 19 Aug 2021||€1.7b||€1.8b||€103.7m||10.8x|
|Thu, 03 Jun 2021||€1.7b||€1.8b||€103.6m||10.5x|
|Sun, 07 Mar 2021||€1.5b||€1.7b||€107.3m||8.3x|
|Wed, 09 Dec 2020||€1.4b||€1.6b||€84.2m||17.4x|
|Tue, 01 Sep 2020||€1.4b||€1.5b||€79.4m||12.1x|
|Fri, 05 Jun 2020||€1.3b||€1.4b||€45.9m||16.5x|
|Mon, 09 Mar 2020||€1.2b||€1.4b||€30.9m||18.9x|
|Sun, 01 Dec 2019||€1.2b||€1.3b||€36.6m||29.7x|
|Wed, 04 Sep 2019||€834.5m||€1.0b||€32.2m||11.1x|
|Sat, 08 Jun 2019||€803.9m||€1.0b||€33.8m||12.6x|
|Fri, 01 Mar 2019||€807.1m||€1.0b||€37.5m||13.4x|
|Mon, 03 Dec 2018||€676.8m||€1.0b||€36.6m||13.8x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 14.2x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Food industry have grown 36% per year over the last three years, and revenues for these companies have grown 20% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Which industries have driven the changes within the Italian Food industry?
|Packaged Foods and Meats||0.28%|
Industry PE: Investors are most optimistic about the Agricultural Products industry even though it's trading below its 3-year average PE ratio of 4kx. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Packaged Foods and Meats industry, which is trading close to its 3-year average of 12.0x.
Forecasted Growth: Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 5.6% over the next 5 years. However this is lower than its past earnings growth rate of 21% per year.
Which companies have driven the market over the last 7 days?
|NWL Newlat Food||1.6%+€4.3m||26.7%||PE17.6x|