Investors Holding Back On Tehnika D.d (ZGSE:THNK)
May 29
Croatian (CROBEX) Industrials Sector Analysis
UpdatedMay 29, 2024
DataAggregated Company Financials
Companies15
- 7D0.05%
- 3M4.8%
- 1Y51.5%
- YTD19.1%
Over the last 7 days, the Industrials industry has remained flat. As for the the longer term, the industry is up 52% over the past 12 months. As for the next few years, earnings are forecast to decline by 6.8% per annum.
Sector Valuation and Performance
Has the Croatian Industrials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 29 May 2024 | Kn3.4b | Kn3.2b | Kn214.5m | 11.9x | 15.7x | 1x |
| Fri, 26 Apr 2024 | Kn3.7b | Kn3.3b | Kn199.2m | 14.1x | 18.7x | 1.1x |
| Sun, 24 Mar 2024 | Kn3.6b | Kn3.3b | Kn202.7m | 12.9x | 17.8x | 1.1x |
| Tue, 20 Feb 2024 | Kn3.3b | Kn3.1b | Kn163.1m | 16.1x | 20.4x | 1.1x |
| Thu, 18 Jan 2024 | Kn4.0b | Kn3.6b | Kn165.1m | 15.3x | 24x | 1.1x |
| Sat, 16 Dec 2023 | Kn3.8b | Kn3.6b | Kn165.1m | 13.9x | 23x | 1x |
| Mon, 13 Nov 2023 | Kn3.7b | Kn3.6b | Kn166.6m | 13.5x | 22.1x | 1x |
| Wed, 11 Oct 2023 | Kn3.6b | Kn3.4b | Kn162.7m | 12.5x | 21.9x | 1x |
| Fri, 08 Sep 2023 | Kn3.6b | Kn3.4b | Kn163.5m | 13.5x | 22.1x | 1.1x |
| Sun, 06 Aug 2023 | Kn3.6b | Kn3.3b | Kn140.9m | 14.2x | 25.3x | 1.1x |
| Tue, 04 Jul 2023 | Kn3.2b | Kn3.1b | Kn156.8m | 14x | 20.2x | 1x |
| Thu, 01 Jun 2023 | Kn3.3b | Kn3.3b | Kn139.5m | 12.1x | 23.4x | 1x |
| Sat, 29 Apr 2023 | Kn2.9b | Kn3.0b | Kn156.8m | 12.5x | 18.6x | 1x |
| Mon, 27 Mar 2023 | Kn2.8b | Kn3.0b | Kn161.3m | 12.1x | 17.5x | 1x |
| Wed, 22 Feb 2023 | Kn2.6b | Kn2.6b | Kn213.7m | 7.1x | 12x | 1x |
| Fri, 20 Jan 2023 | Kn2.5b | Kn2.6b | Kn210.9m | 6.9x | 11.9x | 1x |
| Sun, 18 Dec 2022 | Kn14.0b | Kn17.0b | Kn1.6b | 6.2x | 8.7x | 0.8x |
| Tue, 15 Nov 2022 | Kn13.4b | Kn17.0b | Kn1.6b | 6.2x | 8.3x | 0.8x |
| Thu, 13 Oct 2022 | Kn13.3b | Kn15.8b | Kn1.5b | 8.3x | 8.8x | 0.8x |
| Sat, 10 Sep 2022 | Kn13.7b | Kn15.8b | Kn1.5b | 8.8x | 9x | 0.9x |
| Mon, 08 Aug 2022 | Kn13.7b | Kn15.8b | Kn1.5b | 8.8x | 9x | 0.9x |
| Wed, 06 Jul 2022 | Kn13.6b | Kn14.7b | Kn1.3b | 9.5x | 10.9x | 0.9x |
| Fri, 03 Jun 2022 | Kn14.3b | Kn14.6b | Kn1.3b | 10.3x | 11.4x | 1x |
| Sun, 01 May 2022 | Kn13.7b | Kn14.2b | Kn1.1b | 11.2x | 12.8x | 1x |
| Tue, 29 Mar 2022 | Kn12.7b | Kn14.4b | Kn1.1b | 10.2x | 11.8x | 0.9x |
| Thu, 24 Feb 2022 | Kn12.8b | Kn13.1b | Kn838.9m | 11.4x | 15.3x | 1x |
| Sat, 22 Jan 2022 | Kn13.1b | Kn13.1b | Kn838.9m | 10.9x | 15.6x | 1x |
| Mon, 20 Dec 2021 | Kn12.6b | Kn13.1b | Kn838.9m | 8.7x | 15x | 1x |
| Wed, 17 Nov 2021 | Kn12.4b | Kn12.6b | Kn450.4m | 7.4x | 27.4x | 1x |
| Fri, 15 Oct 2021 | Kn12.6b | Kn12.4b | Kn435.0m | 15.5x | 29x | 1x |
| Sun, 12 Sep 2021 | Kn12.5b | Kn12.8b | Kn428.9m | 14.2x | 29.2x | 1x |
| Tue, 10 Aug 2021 | Kn14.4b | Kn13.2b | Kn81.8m | 13.4x | 175.9x | 1.1x |
Price to Earnings Ratio
-674.7x
Current Industry PE
- Investors are optimistic on the Croatian Industrials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 15.7x which is higher than its 3-year average PE of 7.6x.
- The industry is trading close to its 3-year average PS ratio of 0.99x.
Past Earnings Growth
- Total earnings for the Industrials industry have gone up over the last three years and the industry is now profitable.
- Revenues have declined 36% per year.
- This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the Croatian Industrials sector?
| HR Market | 0.15% | |
| Industrials | 0.051% | |
| Machinery | 2.63% | |
| Industrials | 1.27% | |
| Construction | 1.26% | |
| Marine and Shipping | 0.28% | |
| Aerospace & Defense | 0% | |
| Building | 0% | |
| Trade Distributors | 0% | |
| Commercial Services | 0% | |
| Professional Services | 0% | |
| Logistics | 0% | |
| Airlines | 0% | |
| Transportation | 0% | |
| Infrastructure | -0.72% | |
| Electrical | -1.05% | |
Industry PE
- Investors are most optimistic about the Marine and Shipping industry which is trading above its 3-year average PE ratio.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Machinery industry, which is trading below its 3-year average of 11.7x.
Forecasted Growth
- Despite it being negative, analysts are least pessimistic on the Electrical industry since they expect its earnings to decline by only 6.8% per year over the next 5 years, which isn't as bad as the other industries.
- This is a reversal from its past annual earnings growth rate of 130% per year.
- In contrast, the Electrical industry is expected to see its earnings decline by 6.8% 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 | |
|---|---|---|---|---|---|
| VLEN Brodogradiliste Viktor Lenac d.d | €3.86 | 4.3% +€2.6m | 1.6% | PE13.1x | |
| INGR INGRA d.d | €2.48 | 4.2% +€1.3m | -21.5% | PE7.3x | |
| ATPL Atlantska Plovidba d.d | €52.80 | 1.1% +€1.3m | -6.7% | PS2.3x | |
| IGH Institut IGH d.d | €12.50 | 4.2% +€737.4k | 34.4% | PE13.8x | |
| ULPL ALPHA ADRIATIC d.d | €18.50 | 5.7% +€547.2k | -2.6% | PS0.6x |
