Earnings Not Telling The Story For Rockwool A/S (CPH:ROCK B) After Shares Rise 25%
May 30
Danish (OMX) Industrials Sector Analysis
UpdatedMay 30, 2024
DataAggregated Company Financials
Companies36
- 7D2.9%
- 3M6.3%
- 1Y-4.2%
- YTD-2.4%
In the last week, the Industrials industry is up 3.9%, with A.P. Møller - Mærsk up 9.7%. In the past year, the industry is down 3.4%. Earnings are forecast to grow by 4.5% annually.
Sector Valuation and Performance
Has the Danish Industrials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 May 2024 | kr.836.6b | kr.879.3b | kr.36.2b | 16.1x | 23.1x | 1x |
| Sat, 27 Apr 2024 | kr.769.8b | kr.890.8b | kr.50.6b | 15.4x | 15.2x | 0.9x |
| Mon, 25 Mar 2024 | kr.785.7b | kr.890.5b | kr.51.8b | 15.9x | 15.2x | 0.9x |
| Wed, 21 Feb 2024 | kr.790.9b | kr.890.9b | kr.49.9b | 15.1x | 15.8x | 0.9x |
| Fri, 19 Jan 2024 | kr.865.4b | kr.953.0b | kr.84.1b | 13.4x | 10.3x | 0.9x |
| Sun, 17 Dec 2023 | kr.809.3b | kr.952.7b | kr.83.8b | 13.3x | 9.7x | 0.8x |
| Tue, 14 Nov 2023 | kr.732.2b | kr.961.2b | kr.84.8b | 11.2x | 8.6x | 0.8x |
| Thu, 12 Oct 2023 | kr.815.5b | kr.1.1t | kr.145.3b | 11.2x | 5.6x | 0.8x |
| Sat, 09 Sep 2023 | kr.811.1b | kr.1.1t | kr.144.1b | 11.4x | 5.6x | 0.8x |
| Mon, 07 Aug 2023 | kr.879.3b | kr.1.0t | kr.142.1b | 13.4x | 6.2x | 0.8x |
| Wed, 05 Jul 2023 | kr.909.5b | kr.1.1t | kr.194.1b | 13.5x | 4.7x | 0.8x |
| Fri, 02 Jun 2023 | kr.897.7b | kr.1.1t | kr.196.1b | 13.2x | 4.6x | 0.8x |
| Sun, 30 Apr 2023 | kr.868.0b | kr.1.2t | kr.216.1b | 12.6x | 4x | 0.8x |
| Tue, 28 Mar 2023 | kr.938.6b | kr.1.2t | kr.221.5b | 12x | 4.2x | 0.8x |
| Thu, 23 Feb 2023 | kr.953.9b | kr.1.2t | kr.224.1b | 13.1x | 4.3x | 0.8x |
| Sat, 21 Jan 2023 | kr.918.3b | kr.1.2t | kr.230.3b | 12.1x | 4x | 0.8x |
| Mon, 19 Dec 2022 | kr.880.9b | kr.1.2t | kr.235.0b | 11.7x | 3.7x | 0.7x |
| Wed, 16 Nov 2022 | kr.888.2b | kr.1.2t | kr.239.0b | 11.8x | 3.7x | 0.7x |
| Fri, 14 Oct 2022 | kr.761.7b | kr.1.2t | kr.225.8b | 11.5x | 3.4x | 0.6x |
| Sun, 11 Sep 2022 | kr.901.5b | kr.1.2t | kr.220.0b | 13.1x | 4.1x | 0.8x |
| Tue, 09 Aug 2022 | kr.1.0t | kr.1.2t | kr.215.4b | 13.1x | 4.8x | 0.9x |
| Thu, 07 Jul 2022 | kr.847.9b | kr.1.1t | kr.178.1b | 12.1x | 4.8x | 0.8x |
| Sat, 04 Jun 2022 | kr.1.0t | kr.1.0t | kr.169.7b | 14.9x | 6.1x | 1x |
| Mon, 02 May 2022 | kr.1.0t | kr.992.5b | kr.147.5b | 15.4x | 7x | 1x |
| Wed, 30 Mar 2022 | kr.1.1t | kr.945.9b | kr.139.2b | 14.5x | 7.8x | 1.1x |
| Fri, 25 Feb 2022 | kr.1.0t | kr.932.5b | kr.134.2b | 16x | 7.6x | 1.1x |
| Sun, 23 Jan 2022 | kr.1.1t | kr.840.1b | kr.102.0b | 16.9x | 10.9x | 1.3x |
| Tue, 21 Dec 2021 | kr.1.1t | kr.840.5b | kr.102.3b | 18.8x | 11.1x | 1.4x |
| Thu, 18 Nov 2021 | kr.1.2t | kr.836.5b | kr.101.9b | 23.6x | 11.6x | 1.4x |
| Sat, 16 Oct 2021 | kr.1.1t | kr.754.0b | kr.69.6b | 25.6x | 16.3x | 1.5x |
| Mon, 13 Sep 2021 | kr.1.2t | kr.746.7b | kr.68.4b | 27.6x | 18.1x | 1.7x |
| Wed, 11 Aug 2021 | kr.1.2t | kr.746.7b | kr.68.4b | 26.3x | 17x | 1.6x |
| Sun, 06 Jun 2021 | kr.1.1t | kr.700.3b | kr.44.5b | 31.6x | 24.8x | 1.6x |
Price to Earnings Ratio
24.8x
Current Industry PE
- Investors are optimistic on the Danish Industrials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 23.6x which is higher than its 3-year average PE of 9.1x.
- The industry is trading close to its 3-year average PS ratio of 0.99x.
Past Earnings Growth
- The earnings for companies in the Industrials industry have declined 6.8% per year over the last three years.
- Meanwhile revenues for these companies have grown 7.8% 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 Danish Industrials sector?
| DK Market | -1.08% | |
| Industrials | 2.87% | |
| Marine and Shipping | 8.73% | |
| Building | 7.60% | |
| Commercial Services | 2.90% | |
| Electrical | 2.18% | |
| Construction | 2.15% | |
| Trade Distributors | 1.16% | |
| Machinery | 0.92% | |
| Transportation | 0.73% | |
| Aerospace & Defense | 0.63% | |
| Industrials | 0% | |
| Professional Services | 0% | |
| Airlines | 0% | |
| Infrastructure | -0.98% | |
| Logistics | -1.72% | |
Industry PE
- Investors are most optimistic about the Electrical industry which is trading above its 3-year average PE ratio of 42.2x.
- Analysts are expecting annual earnings growth of 35.4%, which is lower than the prior year's growth of 94.7% per year.
- Investors are most pessimistic about the Construction industry, which is trading below its 3-year average of 10.4x.
Forecasted Growth
- Analysts are most optimistic on the Electrical industry, expecting annual earnings growth of 35% over the next 5 years.
- However this is lower than its past earnings growth rate of 95% per year.
- In contrast, the Marine and Shipping industry is expected to see its earnings decline by 37% 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 | |
|---|---|---|---|---|---|
| MAERSK B A.P. Møller - Mærsk | kr.12.41k | 9.7% +kr.17.3b | 5.9% | PE16.5x | |
| ROCK B Rockwool | kr.2.88k | 7.6% +kr.4.4b | 73.6% | PE19.4x | |
| VWS Vestas Wind Systems | kr.194.10 | 1.7% +kr.3.2b | -2.1% | PS1.7x | |
| NKT NKT | kr.618.50 | 5.1% +kr.1.6b | 48.2% | PE35.3x | |
| ISS ISS | kr.131.50 | 2.9% +kr.663.2m | -0.7% | PE12.5x |
