A Look At The Fair Value Of Auriant Mining AB (publ) (STO:AUR)
Nov 25
Swedish (OMX) Materials Sector Analysis
UpdatedNov 27, 2023
DataAggregated Company Financials
Companies47
- 7D-0.5%
- 3M9.4%
- 1Y1.7%
- YTD1.1%
In the last week, Materials has been flat. In line with that, the industry has also been flat over the past 12 months. As for the next few years, earnings are expected to grow by 18% per annum.
Sector Valuation and Performance
Has the Swedish Materials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 27 Nov 2023 | kr447.0b | kr380.6b | kr3.0b | 12.9x | 149.2x | 1.2x |
| Wed, 25 Oct 2023 | kr389.6b | kr386.5b | kr6.4b | 12.3x | 60.9x | 1x |
| Fri, 22 Sep 2023 | kr420.4b | kr386.9b | kr7.8b | 13.1x | 53.9x | 1.1x |
| Sun, 20 Aug 2023 | kr396.7b | kr386.7b | kr7.8b | 12.6x | 51.2x | 1x |
| Tue, 18 Jul 2023 | kr433.9b | kr396.1b | kr19.1b | 11.3x | 22.7x | 1.1x |
| Thu, 15 Jun 2023 | kr448.6b | kr397.1b | kr19.1b | 11.6x | 23.5x | 1.1x |
| Sat, 13 May 2023 | kr442.2b | kr397.0b | kr19.2b | 11.2x | 23.1x | 1.1x |
| Mon, 10 Apr 2023 | kr455.6b | kr392.0b | kr23.6b | 10.9x | 19.3x | 1.2x |
| Wed, 08 Mar 2023 | kr484.4b | kr392.3b | kr23.8b | 10.6x | 20.4x | 1.2x |
| Fri, 03 Feb 2023 | kr501.8b | kr386.6b | kr24.2b | 9.7x | 20.8x | 1.3x |
| Sun, 01 Jan 2023 | kr438.8b | kr372.6b | kr59.1b | 8x | 7.4x | 1.2x |
| Tue, 29 Nov 2022 | kr439.6b | kr372.6b | kr59.1b | 8.1x | 7.4x | 1.2x |
| Thu, 27 Oct 2022 | kr430.2b | kr372.0b | kr59.4b | 7.5x | 7.2x | 1.2x |
| Sat, 24 Sep 2022 | kr400.9b | kr351.3b | kr56.9b | 7.8x | 7x | 1.1x |
| Mon, 22 Aug 2022 | kr435.7b | kr335.1b | kr55.2b | 10.2x | 7.9x | 1.3x |
| Wed, 20 Jul 2022 | kr392.3b | kr311.3b | kr46.4b | 13.4x | 8.5x | 1.3x |
| Fri, 17 Jun 2022 | kr412.8b | kr307.2b | kr46.2b | 12.4x | 8.9x | 1.3x |
| Sun, 15 May 2022 | kr451.4b | kr308.5b | kr45.8b | 12.2x | 9.8x | 1.5x |
| Tue, 12 Apr 2022 | kr514.4b | kr284.5b | kr37.0b | 14.4x | 13.9x | 1.8x |
| Thu, 10 Mar 2022 | kr450.6b | kr285.0b | kr37.1b | 13.5x | 12.2x | 1.6x |
| Sat, 05 Feb 2022 | kr453.0b | kr281.9b | kr37.0b | 18.4x | 12.3x | 1.6x |
| Mon, 03 Jan 2022 | kr450.9b | kr266.7b | kr30.3b | 16.6x | 14.9x | 1.7x |
| Wed, 01 Dec 2021 | kr416.9b | kr266.7b | kr30.3b | 15.4x | 13.8x | 1.6x |
| Fri, 29 Oct 2021 | kr405.5b | kr264.7b | kr27.5b | 15.1x | 14.8x | 1.5x |
| Sun, 26 Sep 2021 | kr390.3b | kr246.5b | kr21.4b | 16.9x | 18.3x | 1.6x |
| Tue, 24 Aug 2021 | kr440.4b | kr246.5b | kr21.4b | 18.3x | 20.6x | 1.8x |
| Wed, 30 Jun 2021 | kr407.0b | kr247.3b | kr21.5b | 18.2x | 18.9x | 1.6x |
| Sat, 03 Apr 2021 | kr414.9b | kr226.5b | kr14.8b | 25.7x | 28x | 1.8x |
| Tue, 05 Jan 2021 | kr370.2b | kr221.2b | kr11.5b | 25.2x | 32.3x | 1.7x |
Price to Earnings Ratio
12.7x
Current Industry PE
- Investors are optimistic on the Swedish Materials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 149x which is higher than its 3-year average PE of 24.2x.
- The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Materials industry have declined 52% per year over the last three years.
- Meanwhile revenues for these companies have grown 20% 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 Swedish Materials sector?
| SE Market | 0.85% | |
| Materials | -0.47% | |
| Metals and Mining | 0.039% | |
| Chemicals | 0.02% | |
| Basic Materials | 0% | |
| Paper and Forestry Products | -0.90% | |
| Packaging | -2.04% | |
Industry PE
- Investors are most optimistic about the Chemicals industry even though it's trading below its 3-year average PE ratio of 27.6x.
- Analysts are expecting annual earnings growth of 14.5%, which is lower than the prior year's growth of 54.3% per year.
Forecasted Growth
- Analysts are most optimistic on the Metals and Mining industry, expecting annual earnings growth of 31% over the next 5 years.
- This is better than its past earnings decline of 36% per year.
- In contrast, the Paper and Forestry Products industry is expected to see its earnings grow by 4.3% 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 | |
|---|---|---|---|---|---|
| SSAB A SSAB | kr77.02 | 2.1% +kr1.6b | 32.2% | PS0.6x | |
| HPOL B HEXPOL | kr108.10 | 0.9% +kr344.4m | -6.0% | PE14.1x | |
| ALLEI Alleima | kr73.28 | 1.6% +kr290.5m | 79.3% | PE11.6x | |
| HOLM B Holmen | kr428.50 | 0.4% +kr254.8m | 1.2% | PE15.4x | |
| AUR Auriant Mining | kr1.50 | 49.8% +kr49.1m | 2.7% | PS0.3x |
