CTT - Correios De Portugal, S.A. (ELI:CTT) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected
Apr 18
Portuguese (PSI) Industrials Sector Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies7
- 7D-3.0%
- 3M-4.3%
- 1Y66.7%
- YTD7.6%
Over the last 7 days, the Industrials industry has dropped 3.0%, driven by a pullback from Mota-Engil SGPS of 5.2%. This takes the industry's 12 month performance to a gain of 67%. Earnings are forecast to grow by 5.1% annually.
Sector Valuation and Performance
Has the Portuguese Industrials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 23 Apr 2024 | €2.1b | €8.7b | €158.3m | 10.7x | 13.6x | 0.2x |
| Thu, 21 Mar 2024 | €2.3b | €8.7b | €146.2m | 9.7x | 15.6x | 0.3x |
| Sat, 17 Feb 2024 | €2.4b | €8.2b | €92.1m | 9.3x | 25.6x | 0.3x |
| Mon, 15 Jan 2024 | €2.2b | €8.2b | €92.1m | 9.2x | 23.5x | 0.3x |
| Wed, 13 Dec 2023 | €2.0b | €8.4b | €107.3m | 8.2x | 18.3x | 0.2x |
| Fri, 10 Nov 2023 | €1.6b | €8.4b | €107.3m | 8.3x | 15.2x | 0.2x |
| Sun, 08 Oct 2023 | €1.6b | €8.3b | €111.6m | 7.9x | 14.1x | 0.2x |
| Tue, 05 Sep 2023 | €1.6b | €8.4b | €133.7m | 8.3x | 12x | 0.2x |
| Thu, 03 Aug 2023 | €1.4b | €7.3b | €113.7m | 9.5x | 12.7x | 0.2x |
| Sat, 01 Jul 2023 | €1.4b | €7.2b | €113.0m | 9.6x | 12.6x | 0.2x |
| Mon, 29 May 2023 | €1.3b | €7.1b | €31.2m | 9.3x | 41x | 0.2x |
| Wed, 26 Apr 2023 | €1.3b | €6.9b | €25.4m | 11.1x | 52.3x | 0.2x |
| Fri, 24 Mar 2023 | €1.2b | €6.9b | €25.7m | 9.7x | 46.6x | 0.2x |
| Sun, 19 Feb 2023 | €1.3b | €5.9b | €13.5m | 10.7x | 99.6x | 0.2x |
| Tue, 17 Jan 2023 | €1.1b | €5.9b | €13.5m | 9.5x | 79.8x | 0.2x |
| Thu, 15 Dec 2022 | €1.0b | €5.9b | €13.5m | 9x | 76.6x | 0.2x |
| Sat, 12 Nov 2022 | €1.1b | €5.9b | €13.5m | 9x | 78.4x | 0.2x |
| Mon, 10 Oct 2022 | €914.2m | €5.9b | €8.9m | 9.3x | 103.3x | 0.2x |
| Wed, 07 Sep 2022 | €1.1b | €5.7b | -€10,304,294.00 | 9x | -102.6x | 0.2x |
| Fri, 05 Aug 2022 | €1.1b | €5.5b | -€17,306,850.00 | 11x | -62x | 0.2x |
| Sun, 03 Jul 2022 | €1.1b | €5.4b | -€42,042,993.00 | 11.5x | -25.3x | 0.2x |
| Tue, 31 May 2022 | €1.2b | €5.4b | -€42,024,336.00 | 13.7x | -29.2x | 0.2x |
| Thu, 28 Apr 2022 | €1.2b | €5.4b | €55.4m | 16.2x | 22.3x | 0.2x |
| Sat, 26 Mar 2022 | €1.3b | €5.4b | €51.2m | 18.4x | 25.4x | 0.2x |
| Mon, 21 Feb 2022 | €1.3b | €5.1b | €22.1m | 21.1x | 59.4x | 0.3x |
| Wed, 19 Jan 2022 | €1.3b | €5.1b | €22.1m | 20.3x | 57.7x | 0.2x |
| Fri, 17 Dec 2021 | €1.2b | €5.1b | €22.1m | 21.4x | 54x | 0.2x |
| Sun, 14 Nov 2021 | €1.2b | €5.1b | €22.1m | 21.2x | 53.9x | 0.2x |
| Tue, 12 Oct 2021 | €1.3b | €5.1b | €19.3m | 19.5x | 67.4x | 0.3x |
| Thu, 09 Sep 2021 | €1.3b | €5.2b | €13.9m | 34.9x | 93.4x | 0.3x |
| Sat, 07 Aug 2021 | €1.2b | €4.9b | €3.3m | 53.6x | 364.8x | 0.2x |
| Fri, 30 Apr 2021 | €999.9m | €4.9b | -€14,565,058.00 | 26.2x | -68.7x | 0.2x |
Price to Earnings Ratio
-68.7x
Current Industry PE
- Investors are pessimistic on the Portuguese 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 13.6x which is lower than its 3-year average PE of 47.4x.
- The industry is trading close to its 3-year average PS ratio of 0.22x.
Past Earnings Growth
- Total earnings for the Industrials industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 21% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Portuguese Industrials sector?
| PT Market | 0.12% | |
| Industrials | -2.98% | |
| Logistics | 0.45% | |
| Aerospace & Defense | 0% | |
| Building | 0% | |
| Electrical | 0% | |
| Industrials | 0% | |
| Machinery | 0% | |
| Commercial Services | 0% | |
| Professional Services | 0% | |
| Airlines | 0% | |
| Marine and Shipping | 0% | |
| Transportation | 0% | |
| Infrastructure | 0% | |
| Trade Distributors | -3.35% | |
| Construction | -4.33% | |
Industry PE
- Investors are most optimistic about the Construction industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 7.9%, which is lower than the prior year's growth of 23.5% per year.
- Investors are most pessimistic about the Trade Distributors industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 1.6x.
Forecasted Growth
- Analysts are most optimistic on the Construction industry, expecting annual earnings growth of 7.9% over the next 5 years.
- However this is lower than its past earnings growth rate of 24% per year.
- In contrast, the Logistics 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 | |
|---|---|---|---|---|---|
| CTT CTT - Correios De Portugal | €4.54 | 1.9% +€11.9m | 23.4% | PE10.5x | |
| LIG Lisgráfica - Impressão e Artes Gráficas | €0.005 | 11.1% +€92.7k | -33.3% | PS0.09x |