Greenthesis S.p.A.'s (BIT:GTH) 136% Share Price Surge Not Quite Adding Up
Apr 13
Italian (Borsa Italiana) Commercial Services Industry Analysis
UpdatedApr 16, 2024
DataAggregated Company Financials
Companies10
- 7D-1.0%
- 3M18.5%
- 1Y27.5%
- YTD19.4%
Over the last 7 days, the Commercial Services industry has dropped 2.0%, driven by a pullback from Fiera Milano of 14%. Over the past 12 months, the industry was up 26%. Looking forward, earnings are forecast to decline by 38% per year.
Industry Valuation and Performance
Has the Italian Commercial Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 16 Apr 2024 | €1.4b | €1.5b | €231.5m | 11.9x | 5.9x | 0.9x |
| Thu, 14 Mar 2024 | €1.1b | €1.5b | €42.2m | 14.6x | 26.9x | 0.8x |
| Sat, 10 Feb 2024 | €1.1b | €1.5b | €42.2m | 14.5x | 26.4x | 0.8x |
| Mon, 08 Jan 2024 | €1.3b | €1.6b | €52.2m | 16.4x | 25.7x | 0.8x |
| Wed, 06 Dec 2023 | €1.3b | €1.6b | €52.2m | 16.2x | 24.7x | 0.8x |
| Fri, 03 Nov 2023 | €1.2b | €1.8b | €79.0m | 12.7x | 15.1x | 0.7x |
| Sun, 01 Oct 2023 | €1.2b | €1.8b | €75.5m | 12.8x | 16.1x | 0.7x |
| Tue, 29 Aug 2023 | €1.3b | €1.8b | €76.2m | 12.7x | 16.5x | 0.7x |
| Thu, 27 Jul 2023 | €1.3b | €1.8b | €74.6m | 12.6x | 16.8x | 0.7x |
| Sat, 24 Jun 2023 | €1.3b | €1.8b | €74.6m | 12.6x | 16.8x | 0.7x |
| Mon, 22 May 2023 | €1.3b | €1.7b | €88.0m | 12.6x | 14.4x | 0.7x |
| Wed, 19 Apr 2023 | €1.2b | €1.7b | €93.5m | 12.7x | 13x | 0.7x |
| Fri, 17 Mar 2023 | €1.2b | €1.7b | €171.2m | 11.7x | 7x | 0.7x |
| Sun, 12 Feb 2023 | €1.2b | €1.7b | €169.9m | 11.6x | 7.3x | 0.7x |
| Tue, 10 Jan 2023 | €1.2b | €1.7b | €169.9m | 11.3x | 7.2x | 0.7x |
| Thu, 08 Dec 2022 | €1.2b | €1.5b | €143.8m | 10.6x | 8.5x | 0.8x |
| Sat, 05 Nov 2022 | €1.2b | €1.5b | €150.9m | 11.6x | 8x | 0.8x |
| Mon, 03 Oct 2022 | €1.1b | €1.5b | €151.9m | 10.5x | 7.5x | 0.8x |
| Wed, 31 Aug 2022 | €1.2b | €1.5b | €150.5m | 12x | 7.7x | 0.8x |
| Fri, 29 Jul 2022 | €1.2b | €1.3b | €126.1m | 12.7x | 9.4x | 0.9x |
| Sun, 26 Jun 2022 | €1.2b | €1.3b | €126.1m | 12.2x | 9.5x | 0.9x |
| Tue, 24 May 2022 | €1.2b | €1.3b | €118.9m | 12.3x | 10.4x | 1x |
| Thu, 21 Apr 2022 | €1.3b | €1.3b | €112.3m | 11.4x | 11.3x | 1x |
| Sat, 19 Mar 2022 | €1.2b | €1.3b | €97.5m | 11.9x | 12.7x | 1x |
| Mon, 14 Feb 2022 | €1.3b | €1.1b | -€4,701,123.00 | 13.8x | -278.6x | 1.2x |
| Wed, 12 Jan 2022 | €1.3b | €1.0b | -€7,388,878.00 | 14.1x | -173.9x | 1.3x |
| Fri, 10 Dec 2021 | €1.2b | €1.0b | -€7,388,878.00 | 13.2x | -159.9x | 1.2x |
| Sun, 07 Nov 2021 | €1.3b | €991.4m | -€10,674,878.00 | 13.9x | -118.9x | 1.3x |
| Tue, 05 Oct 2021 | €1.2b | €991.4m | -€11,223,878.00 | 13.5x | -108x | 1.2x |
| Thu, 02 Sep 2021 | €978.7m | €952.7m | €34.0m | 17.8x | 28.8x | 1x |
| Sat, 31 Jul 2021 | €957.1m | €952.7m | €34.0m | 17.5x | 28.2x | 1x |
| Tue, 04 May 2021 | €904.5m | €921.4m | €24.2m | 20.1x | 37.3x | 1x |
Price to Earnings Ratio
37.3x
Current Industry PE
- Investors are pessimistic on the Italian Commercial Services 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 6.4x which is higher than its 3-year average PE of -8.3x.
- The industry is trading close to its 3-year average PS ratio of 0.89x.
Past Earnings Growth
- The earnings for companies in the Commercial Services industry have grown 107% per year over the last three years.
- Revenues for these companies have grown 18% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Italian Industrials industry?
| IT Market | -1.10% | |
| Industrials | -2.05% | |
| Commercial Services | -1.00% | |
| Office Services and Supplies | 4.83% | |
| Environmental and Facilities Services | 1.25% | |
| Commercial Printing | 0% | |
| Security and Alarm Services | 0% | |
| Diversified Support Services | -9.03% | |
Industry PE
- Investors are most optimistic about the Diversified Support Services industry which is trading above its 3-year average PE ratio of 2.3x.
- Analysts are expecting annual earnings decline of 17.4%, which is less than its past year's earnings decline of 27.9%.
- Investors are most pessimistic about the Office Services and Supplies industry, which is trading below its 3-year average of 14.9x.
Forecasted Growth
- Despite it being negative, analysts are least pessimistic on the Diversified Support Services industry since they expect its earnings to decline by only 17% per year over the next 5 years, which isn't as bad as the other industries.
- This is an improvement from its past earnings decline of 28% per year.
- In contrast, the Office Services and Supplies industry is expected to see its earnings decline by 55% 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 | |
|---|---|---|---|---|---|
| FILA F.I.L.A. - Fabbrica Italiana Lapis ed Affini | €8.46 | 4.8% +€19.8m | 19.0% | PE2.5x | |
| ABP Azienda Bresciana Petroli Nocivelli | €4.34 | 4.8% +€6.1m | 12.4% | PE11.9x | |
| GTH Greenthesis | €2.20 | 0.5% +€1.5m | 143.4% | PE22.1x |
