Intrum's (STO:INTRUM) Earnings Are Of Questionable Quality
Despite posting some strong earnings, the market for Intrum AB (publ)'s ( STO:INTRUM ) stock hasn't moved much. Our...
Has the Swedish Commercial Services Industry valuation changed over the past few years?
|Tue, 30 Nov 2021||kr162.2b||kr201.7b||kr8.2b||20.7x|
|Thu, 28 Oct 2021||kr169.4b||kr199.7b||kr7.9b||19.6x|
|Sat, 25 Sep 2021||kr165.8b||kr199.6b||kr8.3b||18.1x|
|Mon, 23 Aug 2021||kr178.7b||kr199.6b||kr8.3b||18x|
|Sat, 10 Jul 2021||kr170.5b||kr199.6b||kr8.3b||17.1x|
|Fri, 02 Apr 2021||kr169.9b||kr197.5b||kr7.5b||22.8x|
|Mon, 04 Jan 2021||kr142.7b||kr199.8b||kr6.6b||21.3x|
|Thu, 08 Oct 2020||kr138.9b||kr202.0b||kr4.1b||23.2x|
|Wed, 01 Jul 2020||kr118.2b||kr204.1b||kr4.1b||23x|
|Sat, 04 Apr 2020||kr98.5b||kr206.4b||kr5.0b||13.1x|
|Tue, 07 Jan 2020||kr162.3b||kr204.9b||kr6.0b||17.6x|
|Mon, 30 Sep 2019||kr148.8b||kr200.8b||kr8.8b||16x|
|Thu, 04 Jul 2019||kr150.0b||kr196.7b||kr8.4b||16.5x|
|Sun, 07 Apr 2019||kr147.8b||kr193.1b||kr8.3b||15.3x|
|Wed, 09 Jan 2019||kr128.0b||kr186.9b||kr7.8b||14.7x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 18.6x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Commercial Services industry have remained mostly flat over the last three years, while revenues for these companies have grown 3.6% 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 and as a result, profits have held steady.
Which industries have driven the changes within the Swedish Commercial Services industry?
|Environmental and Facilities Services||-2.35%|
|Security and Alarm Services||-3.92%|
|Diversified Support Services||-4.48%|
|Office Services and Supplies||-6.27%|
Industry PE: Investors are most optimistic about the Office Services and Supplies industry which is trading above its 3-year average PE ratio of 157x. This is likely because analysts are expecting annual earnings growth of 45% and investors are willing to pay a premium for that growth. Meanwhile, investors are most pessimistic about the Commercial Printing industry, which is trading below its 3-year average of 13.4x.
Forecasted Growth: Analysts are most optimistic on the Office Services and Supplies industry, expecting annual earnings growth of 45% over the next 5 years. Meanwhile, the Diversified Support Services industry is expected to see its earnings grow by 11% per year over the next few years.
Which companies have driven the market over the last 7 days?
Green Landscaping Group
Coor Service Management Holding
ITAB Shop Concept