Insufficient Growth At Assicurazioni Generali S.p.A. (BIT:G) Hampers Share Price
Jul 01
Italian (Borsa Italiana) Financials Sector Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies49
- 7D0.7%
- 3M5.6%
- 1Y36.9%
- YTD31.7%
Over the last 7 days, the Financials industry has remained flat. The past year has been better, since the industry has gained 37% in that time. Looking forward, earnings are expected to remain mostly flat in the next few years.
Sector Valuation and Performance
Has the Italian Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | €272.0b | €164.7b | €34.7b | 8.8x | 7.8x | 1.7x |
| Sun, 23 Jun 2024 | €264.4b | €197.5b | €33.9b | 8.6x | 7.8x | 1.3x |
| Tue, 21 May 2024 | €271.3b | €164.5b | €34.2b | 9.1x | 7.9x | 1.6x |
| Thu, 18 Apr 2024 | €259.7b | €170.9b | €33.5b | 8.9x | 7.8x | 1.5x |
| Sat, 16 Mar 2024 | €256.2b | €172.1b | €33.1b | 9.8x | 7.8x | 1.5x |
| Mon, 12 Feb 2024 | €217.5b | €190.5b | €33.2b | 8.6x | 6.6x | 1.1x |
| Wed, 10 Jan 2024 | €224.0b | €230.2b | €32.1b | 9.2x | 7x | 1x |
| Fri, 08 Dec 2023 | €219.7b | €232.2b | €31.9b | 9x | 6.9x | 0.9x |
| Sun, 05 Nov 2023 | €211.3b | €230.5b | €30.5b | 9.3x | 6.9x | 0.9x |
| Tue, 03 Oct 2023 | €207.4b | €228.0b | €28.8b | 9.7x | 7.2x | 0.9x |
| Thu, 31 Aug 2023 | €210.8b | €228.1b | €28.8b | 9.9x | 7.3x | 0.9x |
| Sat, 29 Jul 2023 | €214.5b | €218.2b | €26.4b | 11.4x | 8.1x | 1x |
| Mon, 26 Jun 2023 | €196.3b | €216.8b | €26.1b | 11.1x | 7.5x | 0.9x |
| Wed, 24 May 2023 | €195.7b | €216.8b | €26.0b | 11.4x | 7.5x | 0.9x |
| Fri, 21 Apr 2023 | €205.1b | €212.4b | €22.5b | 12x | 9.1x | 1x |
| Sun, 19 Mar 2023 | €173.9b | €213.3b | €22.5b | 9.9x | 7.7x | 0.8x |
| Tue, 14 Feb 2023 | €198.1b | €212.3b | €22.4b | 10.5x | 8.9x | 0.9x |
| Thu, 12 Jan 2023 | €178.5b | €206.9b | €17.2b | 10.6x | 10.4x | 0.9x |
| Sat, 10 Dec 2022 | €168.6b | €207.0b | €17.1b | 10.9x | 9.9x | 0.8x |
| Mon, 07 Nov 2022 | €174.4b | €238.0b | €19.5b | 10.2x | 9x | 0.7x |
| Wed, 05 Oct 2022 | €159.8b | €237.3b | €18.9b | 9.4x | 8.5x | 0.7x |
| Fri, 02 Sep 2022 | €151.7b | €234.9b | €18.7b | 9.5x | 8.1x | 0.6x |
| Sun, 31 Jul 2022 | €158.2b | €248.7b | €17.3b | 10.6x | 9.1x | 0.6x |
| Tue, 28 Jun 2022 | €164.5b | €250.0b | €17.2b | 10.1x | 9.6x | 0.7x |
| Thu, 26 May 2022 | €181.4b | €250.2b | €17.3b | 10.5x | 10.5x | 0.7x |
| Sat, 23 Apr 2022 | €180.6b | €251.1b | €18.8b | 10.6x | 9.6x | 0.7x |
| Mon, 21 Mar 2022 | €185.2b | €345.8b | €17.1b | 10.5x | 10.9x | 0.5x |
| Wed, 16 Feb 2022 | €223.6b | €341.8b | €16.6b | 10.7x | 13.5x | 0.7x |
| Fri, 14 Jan 2022 | €214.8b | €342.0b | €13.2b | 12.4x | 16.3x | 0.6x |
| Sun, 12 Dec 2021 | €201.8b | €342.0b | €13.2b | 11.4x | 15.3x | 0.6x |
| Tue, 09 Nov 2021 | €213.1b | €340.8b | €12.6b | 11.9x | 16.9x | 0.6x |
| Thu, 07 Oct 2021 | €206.8b | €340.2b | €14.7b | 12.1x | 14.1x | 0.6x |
| Sat, 04 Sep 2021 | €198.6b | €340.2b | €14.7b | 11.6x | 13.6x | 0.6x |
| Mon, 02 Aug 2021 | €191.2b | €340.2b | €14.7b | 11.1x | 13x | 0.6x |
Price to Earnings Ratio
13x
Current Industry PE
- Investors are pessimistic on the Italian Financials 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 7.8x which is lower than its 3-year average PE of 9.6x.
- The 3-year average PS ratio of 0.88x is lower than the industry's current PS ratio of 1.7x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 33% per year over the last three years.
- Meanwhile revenues for these companies have declined 21% 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 Financials sector?
| IT Market | -1.89% | |
| Financials | 0.72% | |
| Consumer Finance | 1.45% | |
| Banks | 1.18% | |
| Capital Markets | 0.31% | |
| Insurance | 0.16% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Diversified Financial | -1.61% | |
Industry PE
- Investors are most optimistic about the Diversified Financial industry which is trading above its 3-year average PE ratio of 23.1x.
- Analysts are expecting annual earnings growth of 29.5%, which is higher than its past year's earnings growth of 6.1% per year.
- Investors are most pessimistic about the Banks industry, which is trading below its 3-year average of 9.6x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Financial industry, expecting annual earnings growth of 29% over the next 5 years.
- This is better than its past earnings growth rate of 6.1% per year.
- In contrast, the Banks industry is expected to see its earnings decline by 3.8% 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 | |
|---|---|---|---|---|---|
| ISP Intesa Sanpaolo | €3.70 | 1.5% +€951.7m | 41.8% | PB1x | |
| UCG UniCredit | €38.05 | 1.4% +€768.6m | 69.6% | PB1x | |
| G Assicurazioni Generali | €23.58 | 1.2% +€393.1m | 22.4% | PE9.9x | |
| MB Mediobanca Banca di Credito Finanziario | €14.75 | 2.8% +€336.5m | 21.7% | PB1.1x | |
| BPE BPER Banca | €5.43 | 3.1% +€231.5m | 73.3% | PB0.7x |