Austrian (ATX) Market Analysis & Valuation

UpdatedMay 08, 2024

DataAggregated Company Financials

Companies64

7D1.4%
3M4.8%
1Y5.1%
YTD1.9%

The market is up 1.4% over the last week, with the Financials sector leading the way, up 2.5%. As for the past 12 months, the market is up 5.1%. Earnings are forecast to grow by 2.0% annually.

Market Valuation and Performance

Has the Austrian Market valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Thu, 09 May 2024	€139.0b	€181.7b	€14.6b	10.3x	9.5x	0.8x
Sat, 06 Apr 2024	€135.3b	€188.2b	€14.5b	9.7x	9.3x	0.7x
Mon, 04 Mar 2024	€131.4b	€191.5b	€15.5b	8.9x	8.5x	0.7x
Wed, 31 Jan 2024	€135.8b	€195.4b	€15.9b	8.5x	8.6x	0.7x
Fri, 29 Dec 2023	€136.5b	€195.5b	€15.9b	8.9x	8.6x	0.7x
Sun, 26 Nov 2023	€131.7b	€195.3b	€15.8b	8.9x	8.4x	0.7x
Tue, 24 Oct 2023	€126.4b	€204.1b	€15.8b	9.4x	8x	0.6x
Thu, 21 Sep 2023	€131.9b	€203.6b	€15.5b	11x	8.5x	0.6x
Sat, 19 Aug 2023	€126.7b	€198.9b	€15.4b	12.8x	8.2x	0.6x
Mon, 17 Jul 2023	€127.0b	€202.7b	€17.1b	11x	7.4x	0.6x
Wed, 14 Jun 2023	€127.5b	€202.4b	€17.1b	11.9x	7.4x	0.6x
Fri, 12 May 2023	€129.7b	€201.1b	€17.2b	12.5x	7.5x	0.6x
Sun, 09 Apr 2023	€130.5b	€196.2b	€17.2b	13.4x	7.6x	0.7x
Tue, 07 Mar 2023	€137.3b	€200.2b	€17.5b	14x	7.8x	0.7x
Thu, 02 Feb 2023	€131.9b	€198.7b	€17.6b	14.1x	7.5x	0.7x
Sat, 31 Dec 2022	€125.6b	€197.5b	€17.0b	13.3x	7.4x	0.6x
Mon, 28 Nov 2022	€132.0b	€196.4b	€17.1b	13.4x	7.7x	0.7x
Wed, 26 Oct 2022	€119.1b	€182.6b	€15.9b	11.9x	7.5x	0.7x
Fri, 23 Sep 2022	€121.5b	€182.7b	€16.1b	10.6x	7.5x	0.7x
Sun, 21 Aug 2022	€132.6b	€181.3b	€16.3b	11.7x	8.1x	0.7x
Tue, 19 Jul 2022	€127.9b	€167.8b	€13.6b	12.1x	9.4x	0.8x
Thu, 16 Jun 2022	€133.1b	€167.4b	€13.6b	12.8x	9.8x	0.8x
Sat, 14 May 2022	€128.3b	€163.5b	€13.0b	12.6x	9.8x	0.8x
Mon, 11 Apr 2022	€135.1b	€151.1b	€12.4b	14.2x	10.9x	0.9x
Wed, 09 Mar 2022	€125.9b	€139.9b	€13.5b	12.3x	9.3x	0.9x
Fri, 04 Feb 2022	€156.0b	€137.5b	€12.6b	14.1x	12.4x	1.1x
Sun, 02 Jan 2022	€154.7b	€137.4b	€12.6b	14.6x	12.3x	1.1x
Tue, 30 Nov 2021	€146.9b	€137.1b	€12.4b	14.8x	11.9x	1.1x
Thu, 28 Oct 2021	€152.5b	€129.7b	€10.3b	14.7x	14.8x	1.2x
Sat, 25 Sep 2021	€145.8b	€129.5b	€10.2b	14.2x	14.2x	1.1x
Mon, 23 Aug 2021	€143.7b	€129.6b	€10.2b	14.3x	14x	1.1x
Sat, 10 Jul 2021	€135.5b	€129.5b	€10.2b	14x	13.3x	1x

Price to Earnings Ratio

17.9x

Mon, 07 Jun 2021

Current Market PE

Investors are relatively neutral on the Austrian market at the moment, indicating that they expect earnings will grow in line with historical growth rates.

The market is trading close to its 3-year average PE ratio of 9.8x.

Past Earnings Growth

The earnings for Austrian listed companies have grown 25% per year over the last three years.
Revenues for these companies have grown 14% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Austrian Market?


AT Market	1.35%
Consumer Discretionary	5.41%
Materials	2.76%
Financials	2.48%
Telecom	1.79%
Industrials	1.32%
Real Estate	0.41%
Consumer Staples	0.19%
Energy	0.15%
Tech	0.079%
Healthcare	0%
Utilities	-0.11%

Sector PE

Investors favour the Consumer Discretionary sector the most for future growth, which is trading above its 3-year average PE ratio of 19.7x.

The market's confidence is likely because analysts are expecting annual earnings growth of 29.1% which is higher than its past year's earnings decline of 5.8% per year.

Forecasted Growth

Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 74% over the next 5 years.
This is better than its past earnings growth rate of 57% per year.