We Ran A Stock Scan For Earnings Growth And Nictus (JSE:NCS) Passed With Ease
Nov 16
Have your own idea? Try our Stock Screener
South African (JSE) Consumer Discretionary Sector Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies30
- 7D2.2%
- 3M11.6%
- 1Y22.7%
- YTD32.0%
Over the last 7 days, the Consumer Discretionary industry has risen 2.2%, and Foschini Group contributed the most with a gain of 11%. In the last 12 months, the industry was up 23%. As for the next few years, earnings are expected to grow by 19% per annum.
Sector Valuation and Performance
Has the South African Consumer Discretionary Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | R1.1t | R723.7b | R79.4b | 12.8x | 14.5x | 1.6x |
| Sat, 19 Oct 2024 | R1.2t | R697.5b | R77.6b | 13x | 15.1x | 1.7x |
| Mon, 16 Sep 2024 | R1.0t | R698.2b | R78.2b | 11.1x | 13.2x | 1.5x |
| Wed, 14 Aug 2024 | R1.0t | R695.4b | R81.5b | 9.8x | 12.7x | 1.5x |
| Fri, 12 Jul 2024 | R1.0t | R694.7b | R81.2b | 9.8x | 12.5x | 1.5x |
| Sun, 09 Jun 2024 | R1.0t | R708.6b | R107.0b | 8.6x | 9.6x | 1.4x |
| Tue, 07 May 2024 | R1.0t | R702.0b | R105.9b | 8.5x | 9.6x | 1.4x |
| Thu, 04 Apr 2024 | R941.5b | R724.7b | R105.8b | 8.5x | 8.9x | 1.3x |
| Sat, 02 Mar 2024 | R918.7b | R725.6b | R107.3b | 8.8x | 8.6x | 1.3x |
| Mon, 29 Jan 2024 | R954.7b | R712.7b | R107.0b | 9x | 8.9x | 1.3x |
| Wed, 27 Dec 2023 | R864.1b | R710.5b | R105.6b | 8.5x | 8.2x | 1.2x |
| Fri, 24 Nov 2023 | R1.0t | R702.1b | R103.6b | 10x | 9.8x | 1.4x |
| Sun, 22 Oct 2023 | R863.5b | R699.9b | R104.7b | 9.7x | 8.2x | 1.2x |
| Tue, 19 Sep 2023 | R829.8b | R699.5b | R104.8b | 9.3x | 7.9x | 1.2x |
| Thu, 17 Aug 2023 | R966.6b | R691.3b | R105.4b | 9.2x | 9.2x | 1.4x |
| Sat, 15 Jul 2023 | R987.8b | R660.7b | R101.9b | 9.5x | 9.7x | 1.5x |
| Mon, 12 Jun 2023 | R939.3b | R691.4b | R73.9b | 9.9x | 12.7x | 1.4x |
| Wed, 10 May 2023 | R934.1b | R682.7b | R73.9b | 9.8x | 12.6x | 1.4x |
| Fri, 07 Apr 2023 | R994.5b | R679.0b | R73.0b | 10.1x | 13.6x | 1.5x |
| Sun, 05 Mar 2023 | R1.0t | R670.1b | R72.6b | 11x | 14x | 1.5x |
| Tue, 31 Jan 2023 | R1.1t | R647.5b | R70.5b | 11x | 15.2x | 1.7x |
| Thu, 29 Dec 2022 | R834.1b | R646.2b | R70.0b | 11.3x | 11.9x | 1.3x |
| Sat, 26 Nov 2022 | R809.5b | R641.8b | R69.0b | 10.2x | 11.7x | 1.3x |
| Mon, 24 Oct 2022 | R772.6b | R634.6b | R253.5b | 9.2x | 3x | 1.2x |
| Wed, 21 Sep 2022 | R868.9b | R631.3b | R247.2b | 10.2x | 3.5x | 1.4x |
| Fri, 19 Aug 2022 | R908.8b | R609.0b | R233.6b | 9.3x | 3.9x | 1.5x |
| Sun, 17 Jul 2022 | R866.7b | R611.2b | R236.7b | 9x | 3.7x | 1.4x |
| Tue, 14 Jun 2022 | R1.0t | R587.0b | R257.0b | 9.2x | 4x | 1.8x |
| Thu, 12 May 2022 | R964.9b | R578.8b | R251.2b | 8.3x | 3.8x | 1.7x |
| Sat, 09 Apr 2022 | R1.0t | R568.2b | R231.1b | 9x | 4.4x | 1.8x |
| Mon, 07 Mar 2022 | R1.0t | R569.0b | R242.2b | 10.2x | 4.1x | 1.8x |
| Wed, 02 Feb 2022 | R1.4t | R565.9b | R238.5b | 11.6x | 5.7x | 2.4x |
| Fri, 31 Dec 2021 | R1.3t | R568.3b | R246.9b | 11.9x | 5.4x | 2.3x |
| Sun, 28 Nov 2021 | R1.4t | R570.4b | R251.4b | 11.6x | 5.4x | 2.4x |
Price to Earnings Ratio
5.4x
Current Industry PE
- Investors are optimistic on the South African Consumer Discretionary industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 14.5x which is higher than its 3-year average PE of 8.9x.
- The industry is trading close to its 3-year average PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Consumer Discretionary industry have declined 32% per year over the last three years.
- Meanwhile revenues for these companies have grown 8.3% 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, which has decreased profits.
Industry Trends
Which industries have driven the changes within the South African Consumer Discretionary sector?
| ZA Market | 1.70% | |
| Consumer Discretionary | 2.15% | |
| Specialty Stores | 6.44% | |
| Consumer Durables | 2.16% | |
| Hospitality | 2.00% | |
| Consumer Services | 0.99% | |
| General Merchandise and Department Stores | 0.42% | |
| Auto | 0% | |
| Leisure | 0% | |
| Luxury | 0% | |
| Retail Distributors | 0% | |
| Online Retail and Ecommerce | 0% | |
| Auto Components | -3.38% | |
Industry PE
- Investors are most optimistic about the Consumer Services industry which is trading above its 3-year average PE ratio of 19.6x.
- Analysts are expecting annual earnings growth of 12.2%, which is lower than the prior year's growth of 14.6% per year.
Forecasted Growth
- Analysts are most optimistic on the Auto Components industry, expecting annual earnings growth of 74% over the next 5 years.
- In contrast, the Consumer Services industry is expected to see its earnings grow by 12% 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 | |
|---|---|---|---|---|---|
| TFG Foschini Group | R167.28 | 10.6% +R5.2b | 45.0% | PE18.3x | |
| PPH Pepkor Holdings | R23.56 | 6.1% +R5.0b | 23.1% | PS0.9x | |
| MRP Mr Price Group | R272.93 | 6.4% +R4.2b | 83.8% | PE21.4x | |
| NPN Naspers | R4.11k | 0.4% +R2.6b | 21.0% | PE12x | |
| TRU Truworths International | R104.50 | 4.5% +R1.7b | 28.7% | PE10x |
