Narrative Update • May 23

Over the last 7 days, the Building industry has dropped 2.8%, driven by a pullback from Carel Industries of 3.1%. This takes the industry's 12 month performance to a gain of 28%. As for the next few years, earnings are expected to grow by 11% per annum.
Has the Italian Building Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 27 May 2026 | €6.2b | €4.4b | €261.5m | 27.4x | 23.7x | 1.4x |
| Fri, 24 Apr 2026 | €5.5b | €4.4b | €249.7m | 25.4x | 22.2x | 1.3x |
| Sun, 22 Mar 2026 | €4.4b | €4.4b | €243.7m | 25.8x | 18.2x | 1x |
| Tue, 17 Feb 2026 | €5.3b | €4.3b | €193.8m | 31x | 27.2x | 1.2x |
| Thu, 15 Jan 2026 | €5.3b | €4.3b | €193.8m | 33.4x | 27.5x | 1.2x |
| Sat, 13 Dec 2025 | €5.3b | €4.5b | €186.0m | 33.7x | 28.6x | 1.2x |
| Mon, 10 Nov 2025 | €4.6b | €4.5b | €177.6m | 32.3x | 26.1x | 1x |
| Wed, 08 Oct 2025 | €4.9b | €4.5b | €177.6m | 33.4x | 27.5x | 1.1x |
| Fri, 05 Sep 2025 | €4.8b | €4.5b | €175.8m | 21.2x | 27.5x | 1.1x |
| Sun, 03 Aug 2025 | €4.9b | €4.5b | €175.8m | 21.1x | 27.8x | 1.1x |
| Tue, 01 Jul 2025 | €4.8b | €4.5b | €80.1m | 33.4x | 59.9x | 1.1x |
| Thu, 29 May 2025 | €4.8b | €4.3b | €87.8m | 31.7x | 55.2x | 1.1x |
| Sat, 26 Apr 2025 | €4.1b | €4.3b | €100.7m | 18.6x | 41x | 1x |
| Mon, 24 Mar 2025 | €4.5b | €4.3b | €94.2m | 18.4x | 47.9x | 1x |
| Wed, 19 Feb 2025 | €4.5b | €4.5b | €136.9m | 21.7x | 32.8x | 1x |
| Fri, 17 Jan 2025 | €4.0b | €4.5b | €136.9m | 19.5x | 29.3x | 0.9x |
| Sun, 15 Dec 2024 | €4.3b | €4.7b | €158.8m | 14.2x | 27.4x | 0.9x |
| Tue, 12 Nov 2024 | €4.2b | €4.7b | €160.2m | 13.4x | 26.2x | 0.9x |
| Thu, 10 Oct 2024 | €4.5b | €4.7b | €167.1m | 13.5x | 26.9x | 1x |
| Sat, 07 Sep 2024 | €4.1b | €4.7b | €167.4m | 12.7x | 24.2x | 0.9x |
| Mon, 05 Aug 2024 | €3.9b | €4.7b | €170.5m | 12.3x | 22.8x | 0.8x |
| Wed, 03 Jul 2024 | €4.0b | €5.0b | €314.4m | 8x | 12.9x | 0.8x |
| Fri, 31 May 2024 | €4.5b | €5.0b | €314.4m | 9.1x | 14.2x | 0.9x |
| Sun, 28 Apr 2024 | €2.8b | €1.9b | €120.9m | 7.8x | 23.5x | 1.5x |
| Tue, 26 Mar 2024 | €3.1b | €1.8b | €125.8m | 13.8x | 24.7x | 1.7x |
| Thu, 22 Feb 2024 | €3.3b | €1.8b | €122.8m | 14.2x | 26.9x | 1.8x |
| Sat, 20 Jan 2024 | €3.3b | €1.8b | €122.8m | 16.6x | 27.2x | 1.8x |
| Mon, 18 Dec 2023 | €3.3b | €1.8b | €122.8m | 16.5x | 26.9x | 1.8x |
| Wed, 15 Nov 2023 | €3.1b | €1.8b | €126.9m | 10.6x | 24.1x | 1.7x |
| Fri, 13 Oct 2023 | €3.1b | €1.8b | €125.9m | 12.8x | 24.4x | 1.7x |
| Sun, 10 Sep 2023 | €3.4b | €1.8b | €127.8m | 16.4x | 26.9x | 1.9x |
| Tue, 08 Aug 2023 | €3.6b | €1.8b | €127.8m | 18.7x | 27.9x | 2x |
| Thu, 06 Jul 2023 | €3.8b | €1.7b | €124.5m | 20.4x | 30.5x | 2.2x |
| Sat, 03 Jun 2023 | €3.8b | €1.8b | €124.8m | 20.6x | 30.5x | 2.2x |
30.5x
Which industries have driven the changes within the Italian Industrials industry?
| IT Market | 2.60% | |
| Industrials | 4.88% | |
| Building | -2.76% | |
| Building Products | -2.76% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| LUVE LU-VE | €65.80 | 1.1% +€15.5m | 109.6% | PE35.1x | |
| SOM Somec | €18.10 | 2.5% +€3.3m | 23.1% | PE27.4x | |
| NUS Nusco | €0.54 | 1.5% +€159.6k | -44.6% | PE15.1x |