Banca Generali S.p.A. (BIT:BGN) Analysts Are Pretty Bullish On The Stock After Recent Results
Jul 28
Italian (Borsa Italiana) Capital Markets Industry Analysis
UpdatedJul 28, 2024
DataAggregated Company Financials
Companies21
- 7D1.3%
- 3M3.0%
- 1Y13.5%
- YTD9.5%
The Capital Markets industry is up 1.3% in the last week, with Banca Generali up 4.2%. This takes the industry's 12 month performance to a gain of 13%. Looking forward, earnings are expected to remain mostly flat in the next few years.
Industry Valuation and Performance
Has the Italian Capital Markets Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 28 Jul 2024 | €12.0b | €3.8b | €1.2b | 17.8x | 10.3x | 3.1x |
| Tue, 25 Jun 2024 | €11.6b | €3.8b | €1.1b | 14.7x | 10.2x | 3.1x |
| Thu, 23 May 2024 | €12.1b | €3.7b | €1.1b | 17.3x | 10.7x | 3.3x |
| Sat, 20 Apr 2024 | €11.3b | €3.5b | €1.1b | 12.6x | 10.6x | 3.2x |
| Mon, 18 Mar 2024 | €11.4b | €3.5b | €1.0b | 12.5x | 11x | 3.3x |
| Wed, 14 Feb 2024 | €11.2b | €3.7b | €981.7m | 12.5x | 11.4x | 3x |
| Fri, 12 Jan 2024 | €11.7b | €3.8b | €942.5m | 14.9x | 12.5x | 3.1x |
| Sun, 10 Dec 2023 | €11.4b | €3.8b | €942.5m | 14.4x | 12.1x | 3x |
| Tue, 07 Nov 2023 | €10.8b | €3.8b | €991.9m | 12.9x | 10.9x | 2.8x |
| Thu, 05 Oct 2023 | €11.1b | €3.7b | €959.3m | 12.6x | 11.6x | 3x |
| Sat, 02 Sep 2023 | €11.2b | €3.7b | €974.5m | 13.1x | 11.5x | 3x |
| Mon, 31 Jul 2023 | €11.3b | €3.7b | €969.5m | 13.5x | 11.6x | 3.1x |
| Wed, 28 Jun 2023 | €10.4b | €3.7b | €946.1m | 13.5x | 11x | 2.8x |
| Fri, 26 May 2023 | €10.3b | €3.7b | €947.9m | 13.4x | 10.8x | 2.8x |
| Sun, 23 Apr 2023 | €10.8b | €3.6b | €917.3m | 14x | 11.7x | 3x |
| Tue, 21 Mar 2023 | €10.2b | €3.4b | €926.1m | 13.7x | 11.1x | 3x |
| Thu, 16 Feb 2023 | €11.5b | €3.9b | €1.1b | 14x | 10.3x | 2.9x |
| Sat, 14 Jan 2023 | €11.3b | €4.0b | €1.1b | 13x | 10x | 2.8x |
| Mon, 12 Dec 2022 | €10.7b | €4.0b | €1.0b | 13.8x | 10.4x | 2.6x |
| Wed, 09 Nov 2022 | €10.0b | €4.1b | €1.1b | 13.4x | 9.5x | 2.4x |
| Fri, 07 Oct 2022 | €9.0b | €4.2b | €1.1b | 12.2x | 8.1x | 2.2x |
| Sun, 04 Sep 2022 | €9.5b | €4.2b | €1.1b | 11.6x | 8.3x | 2.3x |
| Tue, 02 Aug 2022 | €9.9b | €4.2b | €1.1b | 12.3x | 8.7x | 2.4x |
| Thu, 30 Jun 2022 | €9.7b | €4.2b | €1.2b | 12.3x | 8.1x | 2.3x |
| Sat, 28 May 2022 | €11.3b | €4.2b | €1.2b | 12.3x | 9.4x | 2.7x |
| Mon, 25 Apr 2022 | €11.4b | €4.1b | €1.3b | 12.1x | 8.8x | 2.8x |
| Wed, 23 Mar 2022 | €11.6b | €4.1b | €1.3b | 13.2x | 8.9x | 2.9x |
| Fri, 18 Feb 2022 | €12.5b | €4.0b | €1.2b | 12.8x | 10.6x | 3.1x |
| Sun, 16 Jan 2022 | €13.1b | €4.0b | €1.2b | 14.7x | 11.1x | 3.3x |
| Tue, 14 Dec 2021 | €12.7b | €4.0b | €1.2b | 13.8x | 10.8x | 3.2x |
| Thu, 11 Nov 2021 | €13.6b | €3.9b | €1.2b | 13.8x | 11.7x | 3.5x |
| Sat, 09 Oct 2021 | €12.4b | €3.8b | €1.1b | 13.1x | 11x | 3.3x |
| Mon, 06 Sep 2021 | €12.5b | €3.8b | €1.1b | 14.3x | 11.3x | 3.3x |
| Wed, 04 Aug 2021 | €11.6b | €3.8b | €1.1b | 13.7x | 10.5x | 3.1x |
Price to Earnings Ratio
10.5x
Current Industry PE
- Investors are relatively neutral on the Italian Capital Markets industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 10.7x.
- The industry is trading close to its 3-year average PS ratio of 2.9x.
Past Earnings Growth
- Both revenue and earnings for companies in the Capital Markets industry have remained mostly flat over the last three years.
- This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.
Industry Trends
Which industries have driven the changes within the Italian Financials industry?
| IT Market | -0.79% | |
| Financials | 1.44% | |
| Capital Markets | 1.28% | |
| Financial Exchanges and Data | 3.66% | |
| Asset Management | 1.36% | |
| Diversified Capital Markets | 0% | |
| Investment Banking and Brokerage | -0.38% | |
Industry PE
- Investors are most optimistic about the Financial Exchanges and Data industry which is trading above its 3-year average PE ratio of 29.1x.
- Analysts are expecting annual earnings growth of 21.2%, which is higher than its past year's earnings decline of 22.4% per year.
- Investors are most pessimistic about the Asset Management industry, which is trading close to its 3-year average of 10.9x.
Forecasted Growth
- Analysts are most optimistic on the Financial Exchanges and Data industry, expecting annual earnings growth of 21% over the next 5 years.
- This is better than its past earnings decline of 22% per year.
- In contrast, the Asset Management 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 | |
|---|---|---|---|---|---|
| BGN Banca Generali | €40.38 | 4.2% +€184.6m | 16.9% | PE11.8x | |
| AZM Azimut Holding | €23.36 | 0.7% +€22.2m | 8.0% | PE7.2x | |
| FIC First Capital | €16.90 | 2.4% +€1.2m | 2.6% | PE18.6x | |
| D Directa S.I.M.p.A | €3.82 | 1.6% +€1.1m | -8.8% | PE8.7x | |
| RFLTC RedFish LongTerm Capital | €1.29 | 2.4% +€774.3k | -9.2% | PS1.7x |