Here's What's Concerning About Levi Strauss' (NYSE:LEVI) Returns On Capital
Aug 01
U.S. Luxury Industry Analysis
UpdatedAug 04, 2024
DataAggregated Company Financials
Companies71
- 7D-1.9%
- 3M-14.2%
- 1Y-18.5%
- YTD-21.7%
Over the last 7 days, the Luxury industry has dropped 1.9%, driven by a pullback from Lululemon Athletica of 6.9%. However, the industry is down 19% over the past year. Earnings are forecast to grow by 12% annually.
Industry Valuation and Performance
Has the U.S. Luxury Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 04 Aug 2024 | US$276.8b | US$168.8b | US$11.4b | 16x | 24.4x | 1.6x |
| Tue, 02 Jul 2024 | US$296.3b | US$168.0b | US$11.3b | 17.4x | 26.2x | 1.8x |
| Thu, 30 May 2024 | US$328.9b | US$168.2b | US$11.2b | 18.5x | 29.4x | 2x |
| Sat, 27 Apr 2024 | US$318.3b | US$164.5b | US$11.6b | 18.5x | 27.5x | 1.9x |
| Mon, 25 Mar 2024 | US$332.9b | US$164.8b | US$11.5b | 17.5x | 28.8x | 2x |
| Wed, 21 Feb 2024 | US$349.5b | US$164.6b | US$10.5b | 19.1x | 33.4x | 2.1x |
| Fri, 19 Jan 2024 | US$334.5b | US$159.3b | US$11.0b | 17.8x | 30.3x | 2.1x |
| Sun, 17 Dec 2023 | US$372.7b | US$159.3b | US$10.8b | 17.4x | 34.6x | 2.3x |
| Tue, 14 Nov 2023 | US$315.7b | US$158.6b | US$10.4b | 15.9x | 30.5x | 2x |
| Thu, 12 Oct 2023 | US$300.0b | US$158.5b | US$10.5b | 15x | 28.4x | 1.9x |
| Sat, 09 Sep 2023 | US$301.3b | US$156.7b | US$10.5b | 13.8x | 28.7x | 1.9x |
| Mon, 07 Aug 2023 | US$324.3b | US$156.6b | US$10.8b | 16.2x | 30x | 2.1x |
| Wed, 05 Jul 2023 | US$323.8b | US$156.7b | US$10.8b | 13.6x | 30x | 2.1x |
| Fri, 02 Jun 2023 | US$296.5b | US$155.2b | US$11.1b | 11x | 26.7x | 1.9x |
| Sun, 30 Apr 2023 | US$353.4b | US$161.1b | US$10.7b | 12.3x | 32.9x | 2.2x |
| Tue, 28 Mar 2023 | US$330.5b | US$159.8b | US$11.3b | 11.5x | 29.2x | 2.1x |
| Thu, 23 Feb 2023 | US$335.6b | US$158.2b | US$11.7b | 11.5x | 28.7x | 2.1x |
| Sat, 21 Jan 2023 | US$351.6b | US$158.2b | US$13.0b | 10.8x | 27.1x | 2.2x |
| Mon, 19 Dec 2022 | US$307.0b | US$155.8b | US$13.1b | 9.8x | 23.5x | 2x |
| Wed, 16 Nov 2022 | US$316.6b | US$155.3b | US$14.4b | 10.7x | 22x | 2x |
| Fri, 14 Oct 2022 | US$269.8b | US$154.3b | US$15.5b | 9.1x | 17.4x | 1.7x |
| Sun, 11 Sep 2022 | US$324.2b | US$153.9b | US$15.9b | 10.6x | 20.4x | 2.1x |
| Tue, 09 Aug 2022 | US$332.4b | US$153.4b | US$15.8b | 10.4x | 21x | 2.2x |
| Thu, 07 Jul 2022 | US$300.5b | US$152.2b | US$16.1b | 9.4x | 18.6x | 2x |
| Sat, 04 Jun 2022 | US$343.6b | US$152.2b | US$16.2b | 11.7x | 21.2x | 2.3x |
| Mon, 02 May 2022 | US$356.6b | US$147.5b | US$15.1b | 11.3x | 23.6x | 2.4x |
| Wed, 30 Mar 2022 | US$385.9b | US$145.8b | US$14.6b | 13x | 26.5x | 2.6x |
| Fri, 25 Feb 2022 | US$391.1b | US$144.4b | US$14.8b | 15.4x | 26.5x | 2.7x |
| Sun, 23 Jan 2022 | US$409.1b | US$143.9b | US$14.1b | 16.2x | 29x | 2.8x |
| Tue, 21 Dec 2021 | US$446.4b | US$142.5b | US$13.9b | 15.9x | 32.2x | 3.1x |
| Thu, 18 Nov 2021 | US$517.2b | US$141.4b | US$13.5b | 20.9x | 38.2x | 3.7x |
| Sat, 16 Oct 2021 | US$454.8b | US$138.2b | US$12.7b | 19.7x | 35.8x | 3.3x |
| Mon, 13 Sep 2021 | US$456.5b | US$138.4b | US$12.1b | 15.7x | 37.9x | 3.3x |
| Wed, 11 Aug 2021 | US$485.9b | US$136.8b | US$11.8b | 16.1x | 41.1x | 3.6x |
Price to Earnings Ratio
41.1x
Current Industry PE
- Investors are pessimistic on the American Luxury 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 24.4x which is lower than its 3-year average PE of 28.2x.
- The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 1.6x.
Past Earnings Growth
- The earnings for companies in the Luxury industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 7.3% 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.
Industry Trends
Which industries have driven the changes within the U.S. Consumer Discretionary industry?
| US Market | -2.81% | |
| Consumer Discretionary | -4.91% | |
| Luxury | -1.94% | |
| Footwear | -0.47% | |
| Apparel, Accessories and Luxury Goods | -4.43% | |
| Textiles | -5.13% | |
Industry PE
- Investors are most optimistic about the Apparel, Accessories and Luxury Goods industry which is trading above its 3-year average PE ratio of 25.6x.
- Analysts expect its future annual earnings growth (17.9%) to be largely in line with prior year's earnings growth.
Forecasted Growth
- Analysts are most optimistic on the Textiles industry, expecting annual earnings growth of 98% over the next 5 years.
- This is better than its past earnings decline of 14% per year.
- In contrast, the Footwear industry is expected to see its earnings grow by 8.8% 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 | |
|---|---|---|---|---|---|
| NKE NIKE | US$74.01 | 2.0% +US$2.2b | -32.0% | PE19.5x | |
| COLM Columbia Sportswear | US$78.21 | 2.4% +US$63.5m | 3.8% | PE20.1x | |
| CRI Carter's | US$58.39 | 2.0% +US$40.8m | -22.5% | PE9x | |
| DOGZ Dogness (International) | US$16.50 | 8.3% +US$16.0m | 17.9% | PS15.2x | |
| ZGN Ermenegildo Zegna | US$11.15 | 0.3% +US$7.5m | -28.0% | PE21x |
