Filipino (PSEi) Consumer Discretionary Sector Analysis
- 7D1.2%
- 3M11.7%
- 1Y12.1%
- YTD14.4%
Over the last 7 days, the Consumer Discretionary industry has risen 1.2%, driven by gains from Jollibee Foods of 4.9%. Meanwhile, Berjaya Philippines actually underperformed within the industry, shrinking 5.4% in the last week. This takes the industry's 12 month performance to a gain of 12%.
Sector Valuation and Performance
Has the Filipino Consumer Discretionary Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Thu, 09 Dec 2021 | ₱958.8b | ₱297.8b | ₱6.0b | 13.7x |
| Sat, 06 Nov 2021 | ₱985.7b | ₱286.9b | ₱568.5m | 15.4x |
| Mon, 04 Oct 2021 | ₱896.8b | ₱281.1b | -₱449,343,959.00 | 14.3x |
| Wed, 01 Sep 2021 | ₱841.8b | ₱281.0b | -₱768,603,768.00 | 18.5x |
| Thu, 08 Jul 2021 | ₱825.1b | ₱281.0b | -₱768,603,768.00 | 18.6x |
| Wed, 31 Mar 2021 | ₱779.5b | ₱252.3b | -₱19,884,274,713.00 | 23.6x |
| Sat, 02 Jan 2021 | ₱830.6b | ₱262.8b | -₱21,567,150,581.00 | 28.9x |
| Tue, 06 Oct 2020 | ₱620.8b | ₱295.9b | -₱13,263,883,012.00 | 28.7x |
| Fri, 10 Jul 2020 | ₱612.1b | ₱329.4b | -₱797,942,741.00 | 29.8x |
| Thu, 02 Apr 2020 | ₱599.3b | ₱389.5b | ₱23.5b | 16.1x |
| Sun, 05 Jan 2020 | ₱926.8b | ₱393.6b | ₱28.6b | 18.5x |
| Wed, 09 Oct 2019 | ₱851.4b | ₱368.8b | ₱25.9b | 20x |
| Tue, 02 Jul 2019 | ₱922.3b | ₱358.6b | ₱22.5b | 26.1x |
| Fri, 05 Apr 2019 | ₱924.7b | ₱352.3b | ₱23.7b | 22.1x |
| Mon, 07 Jan 2019 | ₱828.0b | ₱343.7b | ₱25.5b | 18.2x |
18.2x
Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 13.5x which is lower than its 3-year average PE of 22.7x. It appears they believe that earnings will not grow as fast as they have historically.
Past Earnings Growth: The earnings for companies in the Consumer Discretionary industry have declined 38% per year over the last three years, and revenues have also declined 4.7% per year. This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Filipino Consumer Discretionary sector?
| Hospitality | 2.38% | |
| Specialty Stores | 1.57% | |
| Consumer Services | -0.12% | |
| Consumer Durables | -3.38% | |
Industry PE: Investors are most optimistic about the Specialty Stores industry which is trading above its 3-year average PE ratio of 31.3x. However analysts are expecting annual earnings growth of 23%, which is lower than the prior year's growth of 60% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Consumer Durables industry, which is trading below its 3-year average of 11.3x.
Forecasted Growth: Analysts are most optimistic on the Hospitality industry, expecting annual earnings growth of 59% over the next 5 years. However this is lower than its past earnings growth rate of 143% per year. Meanwhile, the Specialty Stores industry is expected to see its earnings grow by 23% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| JFC Jollibee Foods | 4.9%+₱12.0b | 10.2% | PE54.4x | |
| HOME AllHome | 9.9%+₱3.4b | 17.5% | PE27.3x | |
| PIZZA Shakey's Pizza Asia Ventures | 2.9%+₱404.1m | 3.2% | PE84.1x | |
| MAXS Max's Group | 2.5%+₱132.7m | -20.3% | PS0.8x | |
| LR Leisure & Resorts World | 3.4%+₱120.9m | -19.9% | PS1.4x |