Estimating The Intrinsic Value Of Billerud AB (publ) (STO:BILL)
Dec 03
Swedish (OMX) Materials Sector Analysis
UpdatedDec 07, 2022
DataAggregated Company Financials
Companies46
- 7D1.3%
- 3M7.8%
- 1Y-0.2%
- YTD-3.3%
In the last week, the Materials industry is up 2.1%, with Boliden up 3.1%. In the same time, Gränges was down 5.1%. This means that the industry has gained 3.2% over the past year. Looking forward, earnings are forecast to decline by 17% per year.
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 |
|---|---|---|---|---|---|---|
| Thu, 08 Dec 2022 | kr453.9b | kr372.6b | kr59.1b | 8.6x | 7.7x | 1.2x |
| Sat, 05 Nov 2022 | kr424.9b | kr372.5b | kr59.3b | 7.8x | 7.2x | 1.1x |
| Mon, 03 Oct 2022 | kr410.2b | kr351.3b | kr56.9b | 8.3x | 7.2x | 1.2x |
| Wed, 31 Aug 2022 | kr426.3b | kr335.1b | kr55.0b | 9.6x | 7.7x | 1.3x |
| Fri, 29 Jul 2022 | kr399.6b | kr333.8b | kr54.2b | 13.2x | 7.4x | 1.2x |
| Sun, 26 Jun 2022 | kr393.8b | kr307.2b | kr46.2b | 12.4x | 8.5x | 1.3x |
| Tue, 24 May 2022 | kr466.7b | kr308.6b | kr45.9b | 12.3x | 10.2x | 1.5x |
| Thu, 21 Apr 2022 | kr524.5b | kr284.5b | kr37.0b | 14.1x | 14.2x | 1.8x |
| Sat, 19 Mar 2022 | kr487.0b | kr284.6b | kr37.1b | 14.2x | 13.1x | 1.7x |
| Mon, 14 Feb 2022 | kr469.2b | kr283.9b | kr37.3b | 16.7x | 12.6x | 1.7x |
| Wed, 12 Jan 2022 | kr454.3b | kr266.7b | kr30.3b | 15.9x | 15x | 1.7x |
| Fri, 10 Dec 2021 | kr438.8b | kr266.7b | kr30.3b | 15.6x | 14.5x | 1.6x |
| Sun, 07 Nov 2021 | kr401.2b | kr266.0b | kr30.4b | 14.6x | 13.2x | 1.5x |
| Tue, 05 Oct 2021 | kr385.8b | kr246.5b | kr21.4b | 16.5x | 18.1x | 1.6x |
| Thu, 02 Sep 2021 | kr430.9b | kr246.5b | kr21.4b | 18.4x | 20.2x | 1.7x |
| Sat, 31 Jul 2021 | kr448.9b | kr246.5b | kr21.4b | 19.5x | 21x | 1.8x |
| Tue, 04 May 2021 | kr420.4b | kr225.7b | kr14.6b | 27.9x | 28.7x | 1.9x |
| Fri, 05 Feb 2021 | kr376.4b | kr220.4b | kr11.3b | 27.7x | 33.3x | 1.7x |
| Mon, 09 Nov 2020 | kr310.4b | kr218.2b | kr27.9b | 20.2x | 11.1x | 1.4x |
| Sun, 02 Aug 2020 | kr284.0b | kr218.3b | kr29.5b | 14x | 9.6x | 1.3x |
| Wed, 06 May 2020 | kr273.5b | kr226.8b | kr31.6b | 10x | 8.7x | 1.2x |
| Sat, 08 Feb 2020 | kr279.7b | kr227.5b | kr34.4b | 11.2x | 8.1x | 1.2x |
Price to Earnings Ratio
8.3x
Current Industry PE
- Investors are pessimistic on the Swedish 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 7.6x which is lower than its 3-year average PE of 14.7x.
- The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Materials industry have grown 20% per year over the last three years.
- Revenues for these companies have grown 18% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Swedish Materials sector?
| SE Market | 0.92% | |
| Materials | 1.30% | |
| Chemicals | 2.27% | |
| Metals and Mining | 1.98% | |
| Paper and Forestry Products | 0.49% | |
| Packaging | 0.38% | |
| Basic Materials | 0% | |
Industry PE
- Investors are most optimistic about the Chemicals industry, which is trading close to its 3-year average PE ratio of 26.4x.
- Analysts are expecting annual earnings growth of 14.8%, which is higher than its past year's earnings decline of 18.3% per year.
- Investors are most pessimistic about the Metals and Mining industry, which is trading below its 3-year average of 14.1x.
Forecasted Growth
- Analysts are most optimistic on the Chemicals industry, expecting annual earnings growth of 15% over the next 5 years.
- This is better than its past earnings decline of 18% per year.
- In contrast, the Metals and Mining industry is expected to see its earnings decline by 23% 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 | kr60.76 | 1.5% +kr906.3m | 27.8% | PE2.5x | |
| CINIS Cinis Fertilizer | kr40.51 | 22.8% +kr546.1m | n/a | n/a | |
| RENEW Re:NewCell | kr74.35 | 21.1% +kr483.6m | -69.1% | PS314.3x | |
| GRNG Gränges | kr88.30 | 4.5% +kr404.0m | -7.8% | PE13.6x | |
| HPOL B HEXPOL | kr113.90 | 0.9% +kr344.4m | -0.9% | PE17x |
