Is Smart Share Global Limited (NASDAQ:EM) Trading At A 34% Discount?
Apr 19
U.S. Computer and Electronics Retail Industry Analysis
UpdatedApr 19, 2024
DataAggregated Company Financials
Companies8
- 7D-5.6%
- 3M-1.2%
- 1Y-9.8%
- YTDn/a
Over the last 7 days, the Computer and Electronics Retail industry has dropped 5.3%, driven by Best Buy declining 5.0%. In contrast, Smart Share Global has gained 16%. Overall the industry is down 9.6% in 12 months. As for the next few years, earnings are expected to grow by 24% per annum.
Industry Valuation and Performance
Has the U.S. Computer and Electronics Retail Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 19 Apr 2024 | US$22.1b | US$57.7b | US$1.1b | 13.8x | 20.4x | 0.4x |
| Sun, 17 Mar 2024 | US$24.0b | US$58.1b | US$932.3m | 13.5x | 25.7x | 0.4x |
| Tue, 13 Feb 2024 | US$23.6b | US$58.0b | US$681.7m | 112.8x | 34.6x | 0.4x |
| Thu, 11 Jan 2024 | US$23.6b | US$58.1b | US$680.6m | 109.5x | 34.7x | 0.4x |
| Sat, 09 Dec 2023 | US$23.8b | US$58.1b | US$713.0m | 105.1x | 33.4x | 0.4x |
| Mon, 06 Nov 2023 | US$21.3b | US$59.0b | US$624.1m | 94.6x | 34.2x | 0.4x |
| Wed, 04 Oct 2023 | US$22.4b | US$59.0b | US$613.7m | 11.4x | 36.6x | 0.4x |
| Fri, 01 Sep 2023 | US$25.8b | US$59.0b | US$505.6m | 13.3x | 51.1x | 0.4x |
| Sun, 30 Jul 2023 | US$28.4b | US$59.9b | US$607.0m | 21.9x | 46.8x | 0.5x |
| Tue, 27 Jun 2023 | US$27.9b | US$59.9b | US$611.7m | 20x | 45.6x | 0.5x |
| Thu, 25 May 2023 | US$25.4b | US$61.3b | US$617.6m | 19x | 41.1x | 0.4x |
| Sat, 22 Apr 2023 | US$24.8b | US$61.5b | US$575.4m | 58.1x | 43x | 0.4x |
| Mon, 20 Mar 2023 | US$7.8b | US$13.9b | -US$941,639,216.00 | 103.9x | -8.3x | 0.6x |
| Wed, 15 Feb 2023 | US$27.7b | US$60.2b | US$985.5m | 45.4x | 28.1x | 0.5x |
| Fri, 13 Jan 2023 | US$27.4b | US$60.2b | US$984.6m | 41.8x | 27.8x | 0.5x |
| Sun, 11 Dec 2022 | US$26.8b | US$60.2b | US$989.0m | 39.6x | 27.1x | 0.4x |
| Tue, 08 Nov 2022 | US$25.0b | US$61.7b | US$1.2b | 8.7x | 20x | 0.4x |
| Thu, 06 Oct 2022 | US$24.9b | US$61.9b | US$1.0b | 8.6x | 24x | 0.4x |
| Sat, 03 Sep 2022 | US$26.3b | US$62.0b | US$1.1b | 9x | 23.7x | 0.4x |
| Mon, 01 Aug 2022 | US$29.6b | US$63.8b | US$1.6b | 7.9x | 18.3x | 0.5x |
| Wed, 29 Jun 2022 | US$27.5b | US$63.8b | US$1.6b | 7x | 17.1x | 0.4x |
| Fri, 27 May 2022 | US$29.0b | US$63.7b | US$1.0b | 8.2x | 28x | 0.5x |
| Sun, 24 Apr 2022 | US$33.5b | US$64.6b | US$1.3b | 8.4x | 25.1x | 0.5x |
| Tue, 22 Mar 2022 | US$31.9b | US$64.5b | US$1.6b | 9.1x | 20.6x | 0.5x |
| Thu, 17 Feb 2022 | US$38.1b | US$64.5b | US$1.8b | 9.1x | 20.8x | 0.6x |
| Sat, 15 Jan 2022 | US$37.1b | US$64.5b | US$1.8b | 9.1x | 20.2x | 0.6x |
| Mon, 13 Dec 2021 | US$41.3b | US$64.5b | US$1.8b | 9.4x | 22.5x | 0.6x |
| Wed, 10 Nov 2021 | US$52.8b | US$63.8b | US$2.9b | 9.6x | 18.3x | 0.8x |
| Fri, 08 Oct 2021 | US$44.6b | US$63.3b | US$2.9b | 8.4x | 15.2x | 0.7x |
| Sun, 05 Sep 2021 | US$48.9b | US$65.1b | US$2.8b | 8.8x | 17.2x | 0.8x |
| Tue, 03 Aug 2021 | US$45.7b | US$65.1b | US$2.8b | 10x | 16.1x | 0.7x |
| Fri, 07 May 2021 | US$45.9b | US$58.7b | US$1.8b | 16.2x | 25.6x | 0.8x |
Price to Earnings Ratio
25.6x
Current Industry PE
- Investors are pessimistic on the American Computer and Electronics Retail 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 20.4x which is lower than its 3-year average PE of 28.1x.
- The industry is trading close to its 3-year average PS ratio of 0.51x.
Past Earnings Growth
- The earnings for companies in the Computer and Electronics Retail industry have declined 15% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does U.S. Computer and Electronics Retail compare with similar industries?
| US Market | -3.65% | |
| Consumer Discretionary | -4.67% | |
| Specialty Stores | -4.53% | |
| Computer and Electronics Retail | -5.56% | |
| Automotive Retail | -1.91% | |
| Home Improvement Retail | -4.70% | |
| Apparel Retail | -4.82% | |
| Specialty Stores | -4.90% | |
| Home Furnishing Retail | -6.14% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| EM Smart Share Global | US$0.65 | 16.3% +US$23.5m | -41.3% | PE13.8x |
