Briscoe Group (NZSE:BGP) Is Reinvesting At Lower Rates Of Return
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Has the New Zealand Specialty Stores Industry valuation changed over the past few years?
|Sat, 27 Nov 2021||NZ$3.9b||NZ$3.4b||NZ$250.7m||19.9x|
|Mon, 25 Oct 2021||NZ$4.0b||NZ$3.3b||NZ$247.3m||14.1x|
|Wed, 22 Sep 2021||NZ$3.9b||NZ$3.2b||NZ$242.9m||15.4x|
|Fri, 20 Aug 2021||NZ$3.5b||NZ$3.3b||NZ$179.8m||16.2x|
|Fri, 04 Jun 2021||NZ$3.7b||NZ$3.2b||NZ$180.5m||15.5x|
|Mon, 08 Mar 2021||NZ$3.2b||NZ$3.1b||NZ$179.7m||14.8x|
|Thu, 10 Dec 2020||NZ$2.9b||NZ$3.1b||NZ$160.4m||14.1x|
|Wed, 02 Sep 2020||NZ$2.5b||NZ$3.0b||NZ$141.4m||12.4x|
|Sat, 06 Jun 2020||NZ$2.1b||NZ$3.0b||NZ$159.8m||11.1x|
|Tue, 10 Mar 2020||NZ$2.6b||NZ$3.0b||NZ$180.0m||13.3x|
|Mon, 02 Dec 2019||NZ$2.7b||NZ$3.0b||NZ$184.7m||13.4x|
|Thu, 05 Sep 2019||NZ$2.2b||NZ$2.9b||NZ$191.7m||11.9x|
|Sun, 09 Jun 2019||NZ$2.1b||NZ$2.9b||NZ$192.4m||11.1x|
|Sat, 02 Mar 2019||NZ$2.1b||NZ$2.9b||NZ$189.8m||11x|
|Tue, 04 Dec 2018||NZ$2.3b||NZ$2.9b||NZ$187.4m||12x|
Current Industry PE: There are only 2 profitable companies in this industry, so there is insufficient data to make an industry-wide assessment of PE.
Past Earnings Growth: The earnings for companies in the Specialty Retail industry have grown 10% per year over the last three years, and revenues for these companies have grown 5.1% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Which industries have driven the changes within the New Zealand Specialty Stores industry?
|Home Furnishing Retail||-2.89%|
Industry PE: Investors are most optimistic about the Specialty Stores industry, which is trading close to its 3-year average PE ratio of 26.2x. However analysts are expecting annual earnings growth of 17%, which is lower than the prior year's growth of 344% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Automotive Retail industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 11.0x.
Forecasted Growth: Analysts are most optimistic on the Specialty Stores industry, expecting annual earnings growth of 17% over the next 5 years. Meanwhile, the Automotive Retail industry is expected to see its earnings grow by 6.0% per year over the next few years.
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