Piippo Oyj (HEL:PIIPPO) Investors Are Less Pessimistic Than Expected
Apr 10
Finnish (OMX) Consumer Discretionary Sector Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies21
- 7D1.1%
- 3M8.1%
- 1Y1.5%
- YTD7.0%
Over the last 7 days, the Consumer Discretionary industry has risen 1.1%, driven by gains from Nokian Renkaat Oyj of 8.3%. During this same period, the Tokmanni Group Oyj underperformed, falling 6.2%. Despite this gain, the industry's performance has been flat over the past year. Earnings are forecast to grow by 34% annually.
Sector Valuation and Performance
Has the Finnish Consumer Discretionary Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | €9.2b | €11.7b | €232.2m | 24.8x | 39.7x | 0.8x |
| Tue, 16 Apr 2024 | €9.0b | €11.6b | €318.0m | 21.2x | 28.4x | 0.8x |
| Thu, 14 Mar 2024 | €8.5b | €11.5b | €320.3m | 20.4x | 26.7x | 0.7x |
| Sat, 10 Feb 2024 | €8.5b | €11.7b | €360.4m | 25x | 23.6x | 0.7x |
| Mon, 08 Jan 2024 | €8.7b | €12.1b | €106.0m | 24.5x | 82.1x | 0.7x |
| Wed, 06 Dec 2023 | €8.0b | €12.1b | €107.8m | 23.3x | 74.5x | 0.7x |
| Fri, 03 Nov 2023 | €7.4b | €12.0b | €104.1m | 22.5x | 71.2x | 0.6x |
| Sun, 01 Oct 2023 | €7.8b | €12.2b | €98.8m | 21.4x | 78.8x | 0.6x |
| Tue, 29 Aug 2023 | €7.8b | €12.2b | €99.5m | 21.1x | 78.8x | 0.6x |
| Thu, 27 Jul 2023 | €7.7b | €12.2b | €118.8m | 18.5x | 65.2x | 0.6x |
| Sat, 24 Jun 2023 | €7.5b | €12.4b | €247.5m | 17x | 30.2x | 0.6x |
| Mon, 22 May 2023 | €7.8b | €12.4b | €248.3m | 17.7x | 31.3x | 0.6x |
| Wed, 19 Apr 2023 | €8.0b | €12.5b | €295.8m | 16.2x | 27.1x | 0.6x |
| Fri, 17 Mar 2023 | €7.6b | €12.5b | €296.0m | 15.3x | 25.7x | 0.6x |
| Sun, 12 Feb 2023 | €8.1b | €12.5b | €341.9m | 15.5x | 23.7x | 0.6x |
| Tue, 10 Jan 2023 | €8.0b | €13.0b | €360.0m | 14.6x | 22.3x | 0.6x |
| Thu, 08 Dec 2022 | €7.8b | €13.0b | €360.0m | 13.5x | 21.8x | 0.6x |
| Sat, 05 Nov 2022 | €7.7b | €12.9b | €364.2m | 13.9x | 21.2x | 0.6x |
| Mon, 03 Oct 2022 | €7.4b | €12.8b | €409.1m | 14.7x | 18.2x | 0.6x |
| Wed, 31 Aug 2022 | €8.3b | €12.8b | €403.4m | 16.9x | 20.6x | 0.7x |
| Fri, 29 Jul 2022 | €8.8b | €12.6b | €689.1m | 14.4x | 12.7x | 0.7x |
| Sun, 26 Jun 2022 | €9.0b | €12.6b | €644.5m | 14.6x | 13.9x | 0.7x |
| Tue, 24 May 2022 | €9.0b | €9.6b | €626.9m | 15.5x | 14.3x | 0.9x |
| Thu, 21 Apr 2022 | €9.8b | €9.3b | €575.4m | 17.4x | 17.1x | 1.1x |
| Sat, 19 Mar 2022 | €11.0b | €9.3b | €625.0m | 16.6x | 17.7x | 1.2x |
| Mon, 14 Feb 2022 | €12.8b | €8.3b | €291.4m | 21.1x | 43.8x | 1.5x |
| Wed, 12 Jan 2022 | €14.4b | €8.1b | €316.3m | 20.8x | 45.5x | 1.8x |
| Fri, 10 Dec 2021 | €13.6b | €8.1b | €316.5m | 19.4x | 43x | 1.7x |
| Sun, 07 Nov 2021 | €13.9b | €8.0b | €316.9m | 20.6x | 43.8x | 1.7x |
| Tue, 05 Oct 2021 | €12.8b | €7.8b | €244.3m | 20.8x | 52.3x | 1.6x |
| Thu, 02 Sep 2021 | €13.6b | €7.5b | €224.3m | 21.6x | 60.6x | 1.8x |
| Sat, 31 Jul 2021 | €13.8b | €7.5b | €224.3m | 21.5x | 61.4x | 1.8x |
Price to Earnings Ratio
247.1x
Current Industry PE
- Investors are pessimistic on the Finnish Consumer Discretionary industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 39.7x which is lower than its 3-year average PE of 45.4x.
- The industry is trading close to its 3-year average PS ratio of 0.96x.
Past Earnings Growth
- The earnings for companies in the Consumer Discretionary industry have grown 70% per year over the last three years.
- Revenues for these companies have grown 18% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Finnish Consumer Discretionary sector?
| FI Market | 1.18% | |
| Consumer Discretionary | 1.07% | |
| Auto Components | 8.31% | |
| Luxury | 4.29% | |
| Leisure | 3.80% | |
| Retail Distributors | 2.28% | |
| Consumer Durables | 1.04% | |
| Hospitality | 1.00% | |
| Auto | 0% | |
| Consumer Services | 0% | |
| Online Retail and Ecommerce | 0% | |
| General Merchandise and Department Stores | -2.16% | |
| Specialty Stores | -3.65% | |
Industry PE
- Investors are most optimistic about the Auto Components industry which is trading above its 3-year average PE ratio of 13.1x.
- Analysts are expecting annual earnings growth of 68.0% and investors are willing to pay a premium for that growth.
Forecasted Growth
- Analysts are most optimistic on the Auto Components industry, expecting annual earnings growth of 68% over the next 5 years.
- In contrast, the Luxury industry is expected to see its earnings grow by 16% 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 | |
|---|---|---|---|---|---|
| TYRES Nokian Renkaat Oyj | €9.05 | 8.3% +€95.7m | 5.0% | PE215x | |
| HARVIA Harvia Oyj | €44.00 | 5.0% +€39.2m | 88.0% | PE33.6x | |
| YIT YIT Oyj | €2.15 | 5.7% +€26.7m | -2.9% | PS0.2x | |
| MEKKO Marimekko Oyj | €13.64 | 4.8% +€25.2m | 47.9% | PE22.1x | |
| LINDEX Lindex Group Oyj | €3.28 | 2.2% +€11.1m | 54.8% | PE31x |