Filipino (PSEi) Industrials Sector Analysis
UpdatedApr 19, 2024
DataAggregated Company Financials
Companies28
- 7D-2.6%
- 3M2.1%
- 1Y1.7%
- YTD0.6%
Over the last 7 days, the Industrials industry has dropped 2.6%, driven by a pullback from SM Investments of 3.2%. As for the longer term, the industry's performance has been flat for the past year. As for the next few years, earnings are expected to grow by 12% per annum.
Sector Valuation and Performance
Has the Filipino Industrials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 20 Apr 2024 | ₱3.6t | ₱5.7t | ₱287.9b | 10x | 12.5x | 0.6x |
| Mon, 18 Mar 2024 | ₱3.8t | ₱5.7t | ₱286.3b | 10.2x | 13.2x | 0.7x |
| Wed, 14 Feb 2024 | ₱3.6t | ₱5.7t | ₱286.1b | 10.1x | 12.7x | 0.6x |
| Fri, 12 Jan 2024 | ₱3.5t | ₱5.7t | ₱286.7b | 12.2x | 12.3x | 0.6x |
| Sun, 10 Dec 2023 | ₱3.4t | ₱5.7t | ₱286.4b | 10x | 11.7x | 0.6x |
| Tue, 07 Nov 2023 | ₱3.3t | ₱5.7t | ₱248.3b | 11.2x | 13.3x | 0.6x |
| Thu, 05 Oct 2023 | ₱3.4t | ₱5.7t | ₱251.9b | 11.6x | 13.4x | 0.6x |
| Sat, 02 Sep 2023 | ₱3.3t | ₱5.7t | ₱251.8b | 11.3x | 13.2x | 0.6x |
| Mon, 31 Jul 2023 | ₱3.6t | ₱5.7t | ₱231.2b | 13x | 15.4x | 0.6x |
| Wed, 28 Jun 2023 | ₱3.5t | ₱5.7t | ₱231.4b | 13.2x | 15.3x | 0.6x |
| Fri, 26 May 2023 | ₱3.6t | ₱5.7t | ₱227.9b | 13.3x | 15.9x | 0.6x |
| Sun, 23 Apr 2023 | ₱3.5t | ₱5.6t | ₱210.2b | 14.2x | 16.9x | 0.6x |
| Tue, 21 Mar 2023 | ₱3.5t | ₱5.3t | ₱288.3b | 11.5x | 12.2x | 0.7x |
| Thu, 16 Feb 2023 | ₱3.6t | ₱5.2t | ₱285.4b | 10.8x | 12.7x | 0.7x |
| Sat, 14 Jan 2023 | ₱3.7t | ₱5.2t | ₱285.3b | 11.5x | 12.9x | 0.7x |
| Mon, 12 Dec 2022 | ₱3.5t | ₱5.2t | ₱285.4b | 11.1x | 12.3x | 0.7x |
| Wed, 09 Nov 2022 | ₱3.3t | ₱4.7t | ₱271.7b | 12.4x | 12.3x | 0.7x |
| Fri, 07 Oct 2022 | ₱3.2t | ₱4.7t | ₱271.9b | 12.3x | 11.7x | 0.7x |
| Sun, 04 Sep 2022 | ₱3.5t | ₱4.7t | ₱270.9b | 13x | 13x | 0.8x |
| Tue, 02 Aug 2022 | ₱3.2t | ₱4.1t | ₱188.8b | 12.4x | 17.2x | 0.8x |
| Thu, 30 Jun 2022 | ₱3.2t | ₱4.1t | ₱188.6b | 12.2x | 17.2x | 0.8x |
| Sat, 28 May 2022 | ₱3.4t | ₱3.9t | ₱187.5b | 12.1x | 17.9x | 0.9x |
| Mon, 25 Apr 2022 | ₱3.6t | ₱3.6t | ₱155.5b | 12.4x | 23.2x | 1x |
| Wed, 23 Mar 2022 | ₱3.7t | ₱3.5t | ₱152.2b | 12.1x | 24.1x | 1x |
| Fri, 18 Feb 2022 | ₱3.8t | ₱3.5t | ₱122.3b | 13x | 31.3x | 1.1x |
| Sun, 16 Jan 2022 | ₱3.8t | ₱3.5t | ₱122.3b | 12.7x | 30.9x | 1.1x |
| Tue, 14 Dec 2021 | ₱3.7t | ₱3.5t | ₱122.5b | 12.7x | 30.5x | 1.1x |
| Thu, 11 Nov 2021 | ₱3.8t | ₱3.4t | ₱133.4b | 14.1x | 28.7x | 1.1x |
| Sat, 09 Oct 2021 | ₱3.7t | ₱3.3t | ₱128.6b | 14.1x | 28.5x | 1.1x |
| Mon, 06 Sep 2021 | ₱3.7t | ₱3.3t | ₱128.4b | 14.1x | 28.8x | 1.1x |
| Wed, 04 Aug 2021 | ₱3.5t | ₱3.3t | ₱128.4b | 14.1x | 27.5x | 1.1x |
| Sat, 08 May 2021 | ₱3.4t | ₱3.1t | ₱76.0b | 17.4x | 44.8x | 1.1x |
Price to Earnings Ratio
44.8x
Current Industry PE
- Investors are pessimistic on the Filipino Industrials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 12.5x which is lower than its 3-year average PE of 19.9x.
- The industry is trading close to its 3-year average PS ratio of 0.81x.
Past Earnings Growth
- The earnings for companies in the Industrials industry have grown 56% per year over the last three years.
- Revenues for these companies have grown 23% 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 Filipino Industrials sector?
| PH Market | -1.98% | |
| Industrials | -2.62% | |
| Logistics | 11.76% | |
| Marine and Shipping | 2.98% | |
| Electrical | 0.50% | |
| Infrastructure | 0.36% | |
| Aerospace & Defense | 0% | |
| Machinery | 0% | |
| Commercial Services | 0% | |
| Professional Services | 0% | |
| Transportation | 0% | |
| Construction | -1.40% | |
| Building | -1.65% | |
| Trade Distributors | -2.59% | |
| Industrials | -3.40% | |
| Airlines | -7.75% | |
Industry PE
- Investors are most optimistic about the Trade Distributors industry which is trading above its 3-year average PE ratio of 47.6x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Infrastructure industry, expecting annual earnings growth of 15% over the next 5 years.
- However this is lower than its past earnings growth rate of 47% per year.
- In contrast, the Industrials industry is expected to see its earnings grow by 11% 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 | |
|---|---|---|---|---|---|
| SMC San Miguel | ₱106.50 | 4.4% +₱10.7b | 0.3% | PS0.2x | |
| ICT International Container Terminal Services | ₱331.00 | 0.6% +₱4.1b | 55.0% | PE24.3x | |
| LBC LBC Express Holdings | ₱15.96 | 11.8% +₱2.4b | -11.2% | PS1.6x | |
| ANS A. Soriano | ₱11.96 | 0.5% +₱150.0m | 14.1% | PE11.7x | |
| C Chelsea Logistics and Infrastructure Holdings | ₱1.32 | 2.3% +₱68.2m | 11.9% | PS0.4x |