The Returns At Port of Tauranga (NZSE:POT) Aren't Growing
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...
Has the New Zealand Industrials Sector valuation changed over the past few years?
|Thu, 09 Dec 2021||NZ$38.0b||NZ$18.1b||NZ$968.1m||20.2x|
|Sat, 06 Nov 2021||NZ$38.8b||NZ$17.4b||NZ$916.3m||25.9x|
|Mon, 04 Oct 2021||NZ$39.0b||NZ$17.4b||NZ$910.0m||28.8x|
|Wed, 01 Sep 2021||NZ$38.6b||NZ$17.5b||NZ$905.1m||26.6x|
|Thu, 08 Jul 2021||NZ$36.2b||NZ$17.5b||NZ$905.1m||24.3x|
|Wed, 31 Mar 2021||NZ$36.2b||NZ$17.3b||NZ$307.4m||33.5x|
|Sat, 02 Jan 2021||NZ$34.4b||NZ$17.0b||-NZ$347,281,408.00||32.3x|
|Tue, 06 Oct 2020||NZ$28.7b||NZ$17.8b||-NZ$276,046,408.00||26.8x|
|Fri, 10 Jul 2020||NZ$26.8b||NZ$18.7b||-NZ$153,087,408.00||25.1x|
|Thu, 02 Apr 2020||NZ$20.1b||NZ$19.7b||NZ$545.1m||16.9x|
|Sun, 05 Jan 2020||NZ$31.9b||NZ$20.7b||NZ$1.3b||24.9x|
|Wed, 09 Oct 2019||NZ$30.9b||NZ$20.8b||NZ$1.4b||22.3x|
|Tue, 02 Jul 2019||NZ$30.6b||NZ$20.7b||NZ$1.4b||21.6x|
|Fri, 05 Apr 2019||NZ$27.4b||NZ$20.5b||NZ$1.5b||19.2x|
|Mon, 07 Jan 2019||NZ$26.0b||NZ$20.2b||NZ$1.6b||18x|
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 Industrials industry have declined 15% per year over the last three years, and revenues have also declined 3.5% per year. This means overall sales from these companies are declining and profits are subsequently falling as well.
Which industries have driven the changes within the New Zealand Industrials sector?
Industry PE: Investors are most optimistic about the Infrastructure industry even though it's trading below its 3-year average PE ratio of 28.9x. However analysts are expecting annual earnings growth of 4.1%, which is lower than the prior year's growth of 15% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Professional Services industry, which is trading below its 3-year average of 20.6x.
Forecasted Growth: Analysts are most optimistic on the Transportation industry, expecting annual earnings growth of 90% over the next 5 years. Meanwhile, the Infrastructure industry is expected to see its earnings grow by 4.1% per year over the next few years.
Which companies have driven the market over the last 7 days?
Port of Tauranga
Auckland International Airport
Move Logistics Group
Air New Zealand
Napier Port Holdings
South Port New Zealand
Marsden Maritime Holdings