Investors are pessimistic on the Romanian Materials 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 15.4x which is lower than its 3-year average PE of 20.7x.
The 3-year average PS ratio of 0.92x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
The earnings for companies in the Materials industry have grown 132% per year over the last three years.
Revenues for these companies have grown 22% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Which industries have driven the changes within the Romanian Materials sector?
Metals and Mining
Paper and Forestry Products
Investors are most optimistic about the Packaging industry which is trading above its 3-year average PE ratio of 13.9x.
It looks like they are confident that earnings will grow faster in the future than they have historically.
Despite it being negative, analysts are least pessimistic on the Chemicals industry since they expect its earnings to decline by only 2.5% per year over the next 5 years, which isn't as bad as the other industries.
This is a reversal from its past annual earnings growth rate of 127% per year.
In contrast, the Chemicals industry is expected to see its earnings decline by 2.5% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?