Rex Trueform Group (JSE:RTN) Has A Somewhat Strained Balance Sheet
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Has the South African Specialty Stores Industry valuation changed over the past few years?
|Tue, 30 Nov 2021||R246.9b||R326.1b||R14.9b||9.5x|
|Thu, 28 Oct 2021||R265.5b||R305.0b||R7.2b||9x|
|Sat, 25 Sep 2021||R259.4b||R303.0b||R6.9b||11.1x|
|Mon, 23 Aug 2021||R277.0b||R303.0b||R6.9b||10x|
|Sat, 10 Jul 2021||R263.3b||R303.0b||R6.9b||10.6x|
|Fri, 02 Apr 2021||R226.7b||R292.9b||R3.5b||13.1x|
|Mon, 04 Jan 2021||R188.7b||R280.4b||R1.3b||11.9x|
|Thu, 08 Oct 2020||R153.5b||R275.8b||R2.2b||13.4x|
|Wed, 01 Jul 2020||R135.7b||R273.8b||R5.7b||12.1x|
|Sat, 04 Apr 2020||R121.6b||R285.3b||R11.5b||9.4x|
|Tue, 07 Jan 2020||R217.7b||R293.3b||R14.3b||13.4x|
|Mon, 30 Sep 2019||R212.9b||R292.7b||R14.8b||13.1x|
|Thu, 04 Jul 2019||R240.7b||R295.6b||R15.1b||14.2x|
|Sun, 07 Apr 2019||R232.3b||R292.6b||R16.4b||13.1x|
|Wed, 09 Jan 2019||R271.3b||R287.8b||R17.0b||12.1x|
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 12.5x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Specialty Retail industry have declined 3.5% per year over the last three years, while revenues for these companies have grown 4.7% 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.
Which industries have driven the changes within the South African Specialty Stores industry?
|Home Furnishing Retail||8.30%|
|Home Improvement Retail||-5.41%|
Industry PE: Investors are most optimistic about the Apparel Retail industry even though it's trading below its 3-year average PE ratio of 16.7x. However analysts are expecting annual earnings growth of 13%, which is lower than the prior year's growth of 30% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Home Furnishing Retail industry, which is trading below its 3-year average of 6.7x.
Forecasted Growth: Analysts are most optimistic on the Automotive Retail industry, expecting annual earnings growth of 13% over the next 5 years. Meanwhile, the Apparel Retail industry is expected to see its earnings grow by 13% per year over the next few years.
Which companies have driven the market over the last 7 days?
Mr Price Group
Rex Trueform Group
Combined Motor Holdings