Prysmian (BIT:PRY) Is Increasing Its Dividend To €0.70
Apr 16
Italian (Borsa Italiana) Electrical Industry Analysis
UpdatedApr 19, 2024
DataAggregated Company Financials
Companies12
- 7D3.3%
- 3M22.6%
- 1Y25.6%
- YTD17.9%
Over the last 7 days, the Electrical industry has remained flat, although notably EuroGroup Laminations declined by 9.1%. The past year has been better, since the industry has gained 22% in that time. Looking forward, earnings are forecast to grow by 12% annually.
Industry Valuation and Performance
Has the Italian Electrical Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 19 Apr 2024 | €15.4b | €17.4b | €618.6m | 16.9x | 24.9x | 0.9x |
| Sun, 17 Mar 2024 | €14.7b | €17.5b | €628.4m | 15.7x | 23.4x | 0.8x |
| Tue, 13 Feb 2024 | €13.1b | €17.9b | €746.3m | 15.2x | 17.6x | 0.7x |
| Thu, 11 Jan 2024 | €12.7b | €17.9b | €746.3m | 15.9x | 17x | 0.7x |
| Sat, 09 Dec 2023 | €12.1b | €17.9b | €746.3m | 14.3x | 16.2x | 0.7x |
| Mon, 06 Nov 2023 | €11.2b | €18.2b | €743.8m | 10.8x | 15x | 0.6x |
| Wed, 04 Oct 2023 | €12.0b | €18.3b | €755.0m | 11.4x | 15.9x | 0.7x |
| Fri, 01 Sep 2023 | €12.4b | €18.5b | €756.6m | 11.9x | 16.4x | 0.7x |
| Sun, 30 Jul 2023 | €11.9b | €18.5b | €765.2m | 11.6x | 15.5x | 0.6x |
| Tue, 27 Jun 2023 | €11.8b | €18.8b | €675.2m | 12.8x | 17.4x | 0.6x |
| Thu, 25 May 2023 | €11.5b | €18.7b | €669.8m | 12.3x | 17.2x | 0.6x |
| Sat, 22 Apr 2023 | €12.1b | €18.4b | €610.3m | 12.7x | 19.9x | 0.7x |
| Mon, 20 Mar 2023 | €11.5b | €17.5b | €577.8m | 12.9x | 19.9x | 0.7x |
| Wed, 15 Feb 2023 | €11.2b | €17.0b | €551.6m | 15x | 20.2x | 0.7x |
| Fri, 13 Jan 2023 | €10.6b | €17.0b | €551.6m | 13.3x | 19.2x | 0.6x |
| Sun, 11 Dec 2022 | €10.6b | €16.9b | €536.0m | 14.9x | 19.7x | 0.6x |
| Tue, 08 Nov 2022 | €9.6b | €16.0b | €457.8m | 14.5x | 21x | 0.6x |
| Thu, 06 Oct 2022 | €9.3b | €16.0b | €457.8m | 14x | 20.4x | 0.6x |
| Sat, 03 Sep 2022 | €9.7b | €15.9b | €451.0m | 20.5x | 21.4x | 0.6x |
| Mon, 01 Aug 2022 | €9.3b | €15.9b | €451.0m | 19.3x | 20.7x | 0.6x |
| Wed, 29 Jun 2022 | €8.4b | €14.8b | €404.0m | 19.9x | 20.8x | 0.6x |
| Fri, 27 May 2022 | €9.0b | €14.8b | €404.0m | 22.6x | 22.3x | 0.6x |
| Sun, 24 Apr 2022 | €9.2b | €13.9b | €353.1m | 23.8x | 26.2x | 0.7x |
| Tue, 22 Mar 2022 | €9.5b | €13.8b | €343.3m | 22.1x | 27.6x | 0.7x |
| Thu, 17 Feb 2022 | €9.0b | €12.8b | €331.9m | 22.6x | 27.2x | 0.7x |
| Sat, 15 Jan 2022 | €10.2b | €12.8b | €331.9m | 24.9x | 30.7x | 0.8x |
| Mon, 13 Dec 2021 | €10.0b | €12.8b | €331.9m | 23.9x | 30.2x | 0.8x |
| Wed, 10 Nov 2021 | €10.3b | €12.1b | €295.2m | 26x | 34.8x | 0.9x |
| Fri, 08 Oct 2021 | €9.0b | €12.0b | €298.4m | 22.8x | 30.3x | 0.8x |
| Sun, 05 Sep 2021 | €9.7b | €11.9b | €290.4m | 24.7x | 33.2x | 0.8x |
| Tue, 03 Aug 2021 | €9.0b | €11.9b | €290.4m | 23x | 31x | 0.8x |
| Fri, 07 May 2021 | €7.8b | €11.0b | €248.9m | 25.1x | 31.3x | 0.7x |
Price to Earnings Ratio
31.3x
Current Industry PE
- Investors are relatively neutral on the Italian Electrical 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 23.1x.
- The industry is trading close to its 3-year average PS ratio of 0.69x.
Past Earnings Growth
- The earnings for companies in the Electrical industry have grown 35% per year over the last three years.
- Revenues for these companies have grown 16% 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 | 0.14% | |
| Industrials | -0.16% | |
| Electrical | 3.35% | |
| Electrical Components | 3.40% | |
| Heavy Electrical Equipment | -2.51% | |
Industry PE
- Investors are most optimistic about the Heavy Electrical Equipment industry which is trading above its 3-year average PE ratio of 113x.
- Analysts expect its future annual earnings growth (74.5%) to be largely in line with prior year's earnings growth.
- Investors are most pessimistic about the Electrical Components industry, which is trading close to its 3-year average of 23.0x.
Forecasted Growth
- Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 74% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Electrical Components industry is expected to see its earnings grow by 11% 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 | |
|---|---|---|---|---|---|
| PRY Prysmian | €50.22 | 4.2% +€551.1m | 31.9% | PE25.9x | |
| ENY Energy | €1.50 | 9.9% +€8.3m | -53.4% | PE16.4x | |
| IRC IRCE | €2.16 | 0.5% +€264.7k | -11.1% | PE7x |