SES (BDL:SESGL) Has Some Difficulty Using Its Capital Effectively
Ignoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...
Luxembourg (LUXX) Market Analysis & Valuation
UpdatedMay 23, 2022
DataAggregated Company Financials
Companies10
- 7D0.8%
- 3M8.2%
- 1Y30.0%
- YTD14.1%
In the last week, the market has stayed flat, however the Consumer Staples sector stood out, gaining 5.1%. As for the longer term, the market has risen 30% in the past 12 months. Earnings are forecast to grow by 4.2% annually.
Market Valuation and Performance
Has the Luxembourg Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Mon, 23 May 2022 | €10.7b | €4.9b | €1.7b | 4.3x |
| Wed, 20 Apr 2022 | €11.0b | €4.7b | €1.6b | 8.7x |
| Fri, 18 Mar 2022 | €10.4b | €4.7b | €1.8b | 8.3x |
| Sun, 13 Feb 2022 | €10.4b | €4.7b | €1.3b | 7.8x |
| Tue, 11 Jan 2022 | €9.7b | €4.7b | €1.3b | 7.2x |
| Thu, 09 Dec 2021 | €9.5b | €4.7b | €1.3b | 6.7x |
| Sat, 06 Nov 2021 | €9.8b | €4.9b | €1.8b | 7.1x |
| Mon, 04 Oct 2021 | €10.0b | €4.8b | €1.8b | 5.6x |
| Wed, 01 Sep 2021 | €9.7b | €4.3b | €1.4b | 11.8x |
| Thu, 08 Jul 2021 | €9.0b | €4.3b | €1.4b | 11.6x |
| Wed, 31 Mar 2021 | €9.1b | €4.4b | €1.3b | 14x |
| Sat, 02 Jan 2021 | €9.0b | €3.8b | €605.0m | 21.6x |
| Tue, 06 Oct 2020 | €5.3b | €3.4b | €228.5m | 18.3x |
| Fri, 10 Jul 2020 | €5.3b | €3.4b | €212.5m | 25.8x |
| Thu, 02 Apr 2020 | €4.7b | €3.4b | €371.4m | 19.5x |
| Sun, 05 Jan 2020 | €8.6b | €3.5b | €598.8m | 12.7x |
| Wed, 09 Oct 2019 | €13.8b | €3.5b | €659.4m | 18.8x |
| Tue, 02 Jul 2019 | €9.2b | €3.3b | €498.6m | 17.7x |
Median PE Ratio
16.8x
Current Market PE
- Investors are pessimistic on the market, indicating that they anticipate earnings will not grow as fast as they have historically.
- The market is trading at a PE ratio of 4.3x which is lower than its 3-year average PE of 15.7x.
- This is at odds with analyst estimates, who expect earnings to grow in the future.
Past Earnings Growth
- The earnings for Luxembourger listed companies have grown 56% per year over the last three years.
- Revenues for these companies have grown 14% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Sector Trends
Which sectors have driven the changes within the Luxembourg Market?
| LU Market | 0.81% | |
| Consumer Staples | 5.07% | |
| Telecom | 3.15% | |
| Real Estate | 0.37% | |
| Energy | 0% | |
| Materials | 0% | |
| Industrials | 0% | |
| Consumer Discretionary | 0% | |
| Healthcare | 0% | |
| Tech | 0% | |
| Utilities | 0% | |
| Financials | -1.55% | |
Sector PE
- Investors are most optimistic about the Telecom sector even though it's trading below its 3-year average PE ratio of 21.7x.
- However analysts are expecting annual earnings decline of 0 so the market might believe that analysts are underestimating future growth.
- Investors are most pessimistic about the Real Estate sector, which is trading below its 3-year average of 16.1x.
Forecasted Growth
- Analysts are most optimistic on the Financials sector, expecting annual earnings growth of 22% over the next 5 years.
- However this is lower than its past earnings growth rate of 218% per year.
- In contrast, the Telecom sector is expected to see its earnings decline by 13% 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 | Sector | |
|---|---|---|---|---|---|---|
| SESGL SES | €8.59 | 3.1% +€115.4m | 38.5% | PS8.9x | Telecom | |
| SCFNS Socfinasia | €18.20 | 8.3% +€27.4m | 31.9% | PS6.2x | Consumer Staples | |
| SOFAF Socfinaf | €14.90 | 6.4% +€16.1m | 41.9% | PS3.7x | Consumer Staples | |
| FTXHG Fotex Holding | €2.80 | 2.9% +€3.4m | 12.0% | PB0.7x | Real Estate | |
| SOFIN Société Financière des Caoutchoucs | €23.80 | 0.8% +€2.8m | 15.5% | PS4.2x | Consumer Staples |
