ATON Green Storage (BIT:ATON) Could Become A Multi-Bagger
Dec 18
Have your own idea? Try our Stock Screener
Italian (Borsa Italiana) Electrical Industry Analysis
UpdatedDec 18, 2024
DataAggregated Company Financials
Companies13
- 7D-1.5%
- 3M-3.0%
- 1Y43.1%
- YTD39.5%
Over the last 7 days, the Electrical industry has risen 1.2%, driven by gains in Innovatec and Cembre of 14% and 1.6%, respectively. This takes the industry's 12 month performance to a gain of 49%. As for the next few years, earnings are expected to grow by 21% per annum.
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 |
|---|---|---|---|---|---|---|
| Wed, 18 Dec 2024 | €19.2b | €18.0b | €647.5m | 12.6x | 29.7x | 1.1x |
| Fri, 15 Nov 2024 | €19.6b | €17.9b | €649.3m | 13.8x | 30.3x | 1.1x |
| Sun, 13 Oct 2024 | €20.5b | €17.2b | €602.8m | 15x | 34x | 1.2x |
| Tue, 10 Sep 2024 | €19.1b | €17.2b | €611.2m | 15.7x | 31.3x | 1.1x |
| Thu, 08 Aug 2024 | €18.6b | €17.2b | €611.2m | 15.2x | 30.4x | 1.1x |
| Sat, 06 Jul 2024 | €18.1b | €17.1b | €618.2m | 16.3x | 29.2x | 1.1x |
| Mon, 03 Jun 2024 | €18.2b | €17.1b | €616.7m | 16.1x | 29.5x | 1.1x |
| Wed, 01 May 2024 | €15.8b | €17.4b | €618.6m | 18.2x | 25.6x | 0.9x |
| Fri, 29 Mar 2024 | €15.0b | €17.5b | €626.5m | 17.4x | 23.9x | 0.9x |
| Sun, 25 Feb 2024 | €14.0b | €17.9b | €746.3m | 14.8x | 18.8x | 0.8x |
| Tue, 23 Jan 2024 | €12.7b | €17.9b | €746.3m | 14.6x | 17x | 0.7x |
| Thu, 21 Dec 2023 | €12.7b | €17.9b | €746.3m | 15.2x | 17x | 0.7x |
| Sat, 18 Nov 2023 | €11.3b | €17.9b | €745.6m | 10.6x | 15.1x | 0.6x |
| Mon, 16 Oct 2023 | €11.2b | €18.2b | €743.8m | 10.8x | 15.1x | 0.6x |
| Wed, 13 Sep 2023 | €12.3b | €18.5b | €756.6m | 11.6x | 16.3x | 0.7x |
| Fri, 11 Aug 2023 | €11.8b | €18.5b | €756.6m | 9.9x | 15.6x | 0.6x |
| Sun, 09 Jul 2023 | €12.2b | €18.8b | €675.2m | 12.7x | 18.1x | 0.7x |
| Tue, 06 Jun 2023 | €11.7b | €18.8b | €675.2m | 11.7x | 17.3x | 0.6x |
| Thu, 04 May 2023 | €11.8b | €18.4b | €610.3m | 12.5x | 19.4x | 0.6x |
| Sat, 01 Apr 2023 | €12.4b | €17.5b | €564.1m | 12.8x | 21.9x | 0.7x |
| Mon, 27 Feb 2023 | €10.8b | €17.0b | €551.6m | 15x | 19.5x | 0.6x |
| Wed, 25 Jan 2023 | €11.3b | €17.0b | €551.6m | 12.9x | 20.5x | 0.7x |
| Fri, 23 Dec 2022 | €10.4b | €17.0b | €543.4m | 16.8x | 19.2x | 0.6x |
| Sun, 20 Nov 2022 | €9.8b | €16.9b | €536.0m | 14.9x | 18.3x | 0.6x |
| Tue, 18 Oct 2022 | €9.4b | €16.0b | €457.8m | 13.7x | 20.5x | 0.6x |
| Thu, 15 Sep 2022 | €9.7b | €15.9b | €449.3m | 19.9x | 21.5x | 0.6x |
| Sat, 13 Aug 2022 | €9.9b | €15.9b | €451.0m | 20.2x | 21.9x | 0.6x |
| Mon, 11 Jul 2022 | €11.0b | €15.5b | €470.7m | 20x | 23.4x | 0.7x |
| Wed, 08 Jun 2022 | €9.0b | €14.8b | €404.0m | 22x | 22.2x | 0.6x |
| Fri, 06 May 2022 | €9.3b | €13.9b | €353.1m | 24.2x | 26.3x | 0.7x |
| Sun, 03 Apr 2022 | €9.6b | €13.9b | €350.6m | 25.8x | 27.4x | 0.7x |
| Tue, 01 Mar 2022 | €9.0b | €12.8b | €331.9m | 22.4x | 27.2x | 0.7x |
| Thu, 27 Jan 2022 | €9.3b | €12.8b | €331.9m | 22.9x | 27.9x | 0.7x |
| Sat, 25 Dec 2021 | €10.1b | €12.8b | €331.9m | 24.5x | 30.4x | 0.8x |
Price to Earnings Ratio
30.4x
Current Industry PE
- Investors are optimistic on the Italian Electrical industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 30.3x which is higher than its 3-year average PE of 22.8x.
- The 3-year average PS ratio of 0.76x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Electrical industry have grown 25% per year over the last three years.
- Revenues for these companies have grown 12% 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 | -0.40% | |
| Industrials | -0.73% | |
| Electrical | -1.53% | |
| Heavy Electrical Equipment | 13.47% | |
| Electrical Components | -1.60% | |
Industry PE
- Investors are most optimistic about the Heavy Electrical Equipment industry even though it's trading below its 3-year average PE ratio of 131x.
- Analysts are expecting annual earnings growth of 50.6%, which is higher than its past year's earnings growth of 37.9% per year.
- Investors are most pessimistic about the Electrical Components industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 22.7x.
Forecasted Growth
- Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 51% over the next 5 years.
- This is better than its past earnings growth rate of 38% per year.
- In contrast, the Electrical Components industry is expected to see its earnings grow by 21% 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 | |
|---|---|---|---|---|---|
| CMB Cembre | €41.30 | 1.3% +€9.2m | 15.0% | PE18.3x | |
| INC Innovatec | €1.07 | 9.2% +€8.7m | -19.7% | PE75.4x | |
| ATON ATON Green Storage | €2.68 | 38.9% +€5.6m | -55.2% | PE3.6x | |
| ENY Energy | €0.85 | 2.4% +€1.1m | -53.2% | PS1x | |
| CML Comal | €4.81 | 1.7% +€1.0m | 38.2% | PE9.3x |
