Why Cognor Holding's (WSE:COG) Soft Earnings Are Just The Beginning Of Its Problems
May 01
Polish (WIG) Materials Sector Analysis
UpdatedMay 03, 2024
DataAggregated Company Financials
Companies37
- 7D1.1%
- 3M11.7%
- 1Y7.8%
- YTD6.6%
Over the last 7 days, the Materials industry has risen 2.3%, driven by gains from KGHM Polska Miedz of 5.8%. This means that the industry has gained 6.1% over the past year. Looking forward, earnings are forecast to grow by 32% annually.
Sector Valuation and Performance
Has the Polish Materials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 03 May 2024 | zł56.0b | zł104.4b | -zł1,766,767,949.00 | 10.2x | -31.7x | 0.5x |
| Sun, 31 Mar 2024 | zł50.8b | zł107.2b | zł36.3m | 10.9x | 1399.5x | 0.5x |
| Tue, 27 Feb 2024 | zł50.1b | zł108.5b | zł311.0m | 9.4x | 161.2x | 0.5x |
| Thu, 25 Jan 2024 | zł55.3b | zł117.6b | zł993.1m | 10.4x | 55.6x | 0.5x |
| Sat, 23 Dec 2023 | zł58.1b | zł117.6b | zł994.3m | 10.3x | 58.4x | 0.5x |
| Mon, 20 Nov 2023 | zł56.6b | zł120.2b | zł4.4b | 9.1x | 12.9x | 0.5x |
| Wed, 18 Oct 2023 | zł54.8b | zł127.0b | zł6.3b | 7.9x | 8.6x | 0.4x |
| Fri, 15 Sep 2023 | zł54.9b | zł132.1b | zł8.5b | 9.8x | 6.5x | 0.4x |
| Sun, 13 Aug 2023 | zł55.5b | zł136.3b | zł12.6b | 11.8x | 4.4x | 0.4x |
| Tue, 11 Jul 2023 | zł55.6b | zł137.3b | zł12.9b | 8.7x | 4.3x | 0.4x |
| Thu, 08 Jun 2023 | zł55.3b | zł137.2b | zł12.9b | 8.6x | 4.3x | 0.4x |
| Sat, 06 May 2023 | zł57.1b | zł141.9b | zł17.4b | 7.6x | 3.3x | 0.4x |
| Mon, 03 Apr 2023 | zł59.5b | zł142.4b | zł19.8b | 6.5x | 3x | 0.4x |
| Wed, 01 Mar 2023 | zł60.3b | zł140.8b | zł21.2b | 7x | 2.8x | 0.4x |
| Fri, 27 Jan 2023 | zł65.9b | zł140.9b | zł21.2b | 6.2x | 3.1x | 0.5x |
| Sun, 25 Dec 2022 | zł56.3b | zł140.9b | zł21.2b | 6.2x | 2.7x | 0.4x |
| Tue, 22 Nov 2022 | zł51.7b | zł136.9b | zł19.3b | 6.7x | 2.7x | 0.4x |
| Thu, 20 Oct 2022 | zł44.4b | zł131.2b | zł19.1b | 6.1x | 2.3x | 0.3x |
| Sat, 17 Sep 2022 | zł46.3b | zł125.6b | zł18.0b | 6.9x | 2.6x | 0.4x |
| Mon, 15 Aug 2022 | zł55.5b | zł118.0b | zł15.2b | 6.8x | 3.7x | 0.5x |
| Wed, 13 Jul 2022 | zł52.6b | zł116.4b | zł15.0b | 6.6x | 3.5x | 0.5x |
| Fri, 10 Jun 2022 | zł64.9b | zł116.6b | zł15.0b | 6.7x | 4.3x | 0.6x |
| Sun, 08 May 2022 | zł60.3b | zł88.4b | zł10.7b | 8.9x | 5.6x | 0.7x |
| Tue, 05 Apr 2022 | zł71.8b | zł97.9b | zł10.8b | 9.3x | 6.6x | 0.7x |
| Thu, 03 Mar 2022 | zł68.1b | zł92.2b | zł8.4b | 9.2x | 8.1x | 0.7x |
| Sat, 29 Jan 2022 | zł58.6b | zł91.9b | zł8.3b | 9.6x | 7.1x | 0.6x |
| Mon, 27 Dec 2021 | zł56.9b | zł91.9b | zł8.3b | 9.6x | 6.9x | 0.6x |
| Wed, 24 Nov 2021 | zł59.3b | zł91.4b | zł8.1b | 9.8x | 7.3x | 0.6x |
| Fri, 22 Oct 2021 | zł63.4b | zł86.7b | zł6.9b | 8.6x | 9.1x | 0.7x |
| Sun, 19 Sep 2021 | zł65.6b | zł85.5b | zł6.9b | 8.6x | 9.6x | 0.8x |
| Tue, 17 Aug 2021 | zł67.6b | zł85.5b | zł6.9b | 8.9x | 9.8x | 0.8x |
| Tue, 01 Jun 2021 | zł70.9b | zł79.4b | zł3.5b | 12.4x | 20.1x | 0.9x |
Price to Earnings Ratio
19.4x
Current Industry PE
- Investors are relatively neutral on the Polish Materials industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 0.53x.
Past Earnings Growth
- Total earnings for the Materials industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 9.8% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Polish Materials sector?
| PL Market | 0.91% | |
| Materials | 1.13% | |
| Chemicals | 1.91% | |
| Metals and Mining | 1.10% | |
| Packaging | 0% | |
| Paper and Forestry Products | -1.25% | |
| Basic Materials | -6.85% | |
Industry PE
- Investors are most optimistic about the Metals and Mining industry which is trading above its 3-year average PE ratio of 6.4x.
- Analysts are expecting annual earnings growth of 32.5%, which is higher than its past year's earnings decline of 46.9% per year.
Forecasted Growth
- Analysts are most optimistic on the Chemicals industry, expecting annual earnings growth of 33% over the next 5 years.
- This is better than its past earnings decline of 5.0% per year.
- In contrast, the Paper and Forestry Products industry is expected to see its earnings growth to stay flat 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 | |
|---|---|---|---|---|---|
| ZAP Zaklady Azotowe Pulawy | zł60.20 | 4.9% +zł53.5m | -19.7% | PS0.2x | |
| KGH KGHM Polska Miedz | zł139.95 | 0.2% +zł50.0m | 18.1% | PS0.8x | |
| JSW Jastrzebska Spólka Weglowa | zł30.75 | 1.4% +zł48.1m | -26.0% | PE3.6x | |
| PCE Grupa Azoty Zaklady Chemiczne Police | zł11.55 | 2.7% +zł37.3m | -2.1% | PS0.5x | |
| SKA Fabryka Farb i Lakierów Sniezka | zł89.00 | 3.0% +zł32.8m | 24.3% | PE14.5x |
