Is It Too Late To Consider Buying Maire Tecnimont S.p.A. (BIT:MT)?
Mar 22
Italian (Borsa Italiana) Construction Industry Analysis
UpdatedMar 23, 2023
DataAggregated Company Financials
Companies11
- 7D15.1%
- 3M27.5%
- 1Y12.2%
- YTD25.7%
Over the last 7 days, the Construction industry has risen 15%, driven by gains from Webuild of 28%. This takes the industry's 12 month performance to a gain of 12%. Looking forward, earnings are forecast to grow by 30% annually.
Industry Valuation and Performance
Has the Italian Construction Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 23 Mar 2023 | €4.9b | €12.4b | €138.3m | 29.5x | 35.6x | 0.4x |
| Sat, 18 Feb 2023 | €4.5b | €11.3b | -€129,910,548.00 | 26.4x | -34.6x | 0.4x |
| Mon, 16 Jan 2023 | €4.1b | €11.3b | -€129,910,548.00 | 26.1x | -31.5x | 0.4x |
| Wed, 14 Dec 2022 | €3.9b | €11.3b | -€129,910,548.00 | 25.6x | -30x | 0.3x |
| Fri, 11 Nov 2022 | €4.0b | €11.3b | -€133,203,209.00 | 27.8x | -29.8x | 0.4x |
| Sun, 09 Oct 2022 | €3.5b | €11.1b | -€131,587,209.00 | 23.9x | -26.5x | 0.3x |
| Tue, 06 Sep 2022 | €3.7b | €11.0b | -€144,433,035.00 | 22.2x | -25.4x | 0.3x |
| Thu, 04 Aug 2022 | €3.9b | €11.0b | -€141,380,814.00 | 23.1x | -27.4x | 0.4x |
| Sat, 02 Jul 2022 | €3.7b | €10.0b | -€202,461,814.00 | 21.7x | -18.4x | 0.4x |
| Mon, 30 May 2022 | €4.4b | €10.0b | -€213,361,493.00 | 24.8x | -20.4x | 0.4x |
| Wed, 27 Apr 2022 | €4.0b | €9.9b | -€213,640,493.00 | 22.1x | -18.8x | 0.4x |
| Fri, 25 Mar 2022 | €4.2b | €10.0b | -€222,575,317.00 | 32.5x | -19x | 0.4x |
| Sun, 20 Feb 2022 | €4.9b | €9.0b | €280.4m | 27.2x | 17.4x | 0.5x |
| Tue, 18 Jan 2022 | €5.5b | €9.0b | €283.1m | 24.5x | 19.4x | 0.6x |
| Thu, 16 Dec 2021 | €5.2b | €9.0b | €280.4m | 24.4x | 18.4x | 0.6x |
| Sat, 13 Nov 2021 | €5.1b | €9.0b | €280.0m | 23.7x | 18.1x | 0.6x |
| Mon, 11 Oct 2021 | €4.8b | €8.9b | €274.5m | 22.2x | 17.4x | 0.5x |
| Wed, 08 Sep 2021 | €4.9b | €8.9b | €569.9m | 17.7x | 8.6x | 0.6x |
| Fri, 06 Aug 2021 | €4.5b | €8.9b | €569.9m | 14.5x | 7.9x | 0.5x |
| Mon, 10 May 2021 | €3.5b | €8.2b | €529.0m | 14.8x | 6.6x | 0.4x |
| Sun, 31 Jan 2021 | €2.5b | €7.8b | €506.0m | 12.6x | 5x | 0.3x |
| Wed, 04 Nov 2020 | €1.9b | €8.0b | €149.2m | 20.6x | 13x | 0.2x |
| Sat, 08 Aug 2020 | €2.4b | €8.1b | €146.4m | 24.3x | 16.4x | 0.3x |
| Fri, 01 May 2020 | €2.3b | €8.6b | €96.1m | 13.6x | 24.4x | 0.3x |
Price to Earnings Ratio
21.3x
Current Industry PE
- Investors are optimistic on the Italian Construction industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 35.6x which is higher than its 3-year average PE of 0.76x.
- The industry is trading close to its 3-year average PS ratio of 0.39x.
Past Earnings Growth
- The earnings for companies in the Construction industry have grown 13% per year over the last three years.
- Revenues for these companies have grown 13% 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 | 2.82% | |
| Industrials | 3.11% | |
| Construction | 15.11% | |
| Construction and Engineering | 15.11% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| WBD Webuild | €2.02 | 27.8% +€432.0m | 25.0% | PE71.3x | |
| SCF Salcef Group | €19.80 | 13.8% +€147.8m | -3.4% | PE26.9x | |
| MT Maire Tecnimont | €3.87 | 4.5% +€55.0m | 22.0% | PE14.1x | |
| TFI TREVI - Finanziaria Industriale | €0.39 | 4.0% +€4.7m | -38.0% | PS0.2x | |
| AGP Altea Green Power | €2.80 | 6.7% +€2.9m | 93.1% | n/a |
