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Has the South African Consumer Discretionary Sector valuation changed over the past few years?
|Tue, 30 Nov 2021||R1.4t||R570.4b||R251.4b||11.6x|
|Thu, 28 Oct 2021||R1.4t||R523.1b||R90.9b||12.2x|
|Sat, 25 Sep 2021||R1.4t||R520.4b||R90.3b||12.6x|
|Mon, 23 Aug 2021||R1.3t||R514.7b||R86.3b||12x|
|Sat, 10 Jul 2021||R1.6t||R514.7b||R86.3b||12.1x|
|Fri, 02 Apr 2021||R1.8t||R502.6b||R82.2b||13.8x|
|Mon, 04 Jan 2021||R1.6t||R480.6b||R60.0b||14.7x|
|Thu, 08 Oct 2020||R1.5t||R474.7b||R50.8b||14.5x|
|Wed, 01 Jul 2020||R1.5t||R470.6b||R58.3b||13.3x|
|Sat, 04 Apr 2020||R1.3t||R493.1b||R66.9b||9.3x|
|Tue, 07 Jan 2020||R1.3t||R487.5b||R62.3b||13.4x|
|Mon, 30 Sep 2019||R1.3t||R493.2b||R64.6b||13.1x|
|Thu, 04 Jul 2019||R1.8t||R488.0b||R69.1b||15x|
|Sun, 07 Apr 2019||R1.8t||R477.1b||R81.1b||13.6x|
|Wed, 09 Jan 2019||R1.7t||R439.4b||R213.0b||14.4x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 13.3x. However, future earnings are expected to decline by 39% which could potentially cause the PE ratio to fall below its historical average.
Past Earnings Growth: The earnings for companies in the Consumer Discretionary industry have grown 6.3% per year over the last three years, and revenues for these companies have grown 9.8% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Which industries have driven the changes within the South African Consumer Discretionary sector?
|Online Retail and Ecommerce||-4.08%|
|General Merchanise and Department Stores||-4.28%|
Industry PE: Investors are most optimistic about the Consumer Services industry which is trading above its 3-year average PE ratio of 48.8x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Consumer Durables industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 4.5x.
Forecasted Growth: Analysts are most optimistic on the Specialty Stores industry, expecting annual earnings growth of 13% over the next 5 years. Meanwhile, the Online Retail and Ecommerce industry is expected to see its earnings decline by 53% per year over the next few years.
Which companies have driven the market over the last 7 days?
Grand Parade Investments
Mr Price Group
Tsogo Sun Gaming
Steinhoff International Holdings