Optimistic Investors Push Aditya Birla Fashion and Retail Limited (NSE:ABFRL) Shares Up 28% But Growth Is Lacking
Apr 24
Indian (NIFTY) Specialty Stores Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies53
- 7D-0.5%
- 3M10.1%
- 1Y94.7%
- YTD19.3%
The Specialty Stores industry has been flat over the last week, but FSN E-Commerce Ventures has lost 3.3%. As for the the longer term, the industry is up 95% over the past 12 months. Looking forward, earnings are forecast to grow by 36% annually.
Industry Valuation and Performance
Has the Indian Specialty Stores Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | ₹3.4t | ₹899.0b | ₹21.8b | 52.4x | 158.2x | 3.8x |
| Fri, 05 Apr 2024 | ₹3.3t | ₹877.3b | ₹15.2b | 47.8x | 214.4x | 3.7x |
| Sun, 03 Mar 2024 | ₹3.2t | ₹828.6b | ₹14.5b | 48.3x | 217.3x | 3.8x |
| Tue, 30 Jan 2024 | ₹3.0t | ₹801.6b | ₹13.4b | 52.6x | 221x | 3.7x |
| Thu, 28 Dec 2023 | ₹2.8t | ₹795.6b | ₹13.2b | 47x | 215.4x | 3.6x |
| Sat, 25 Nov 2023 | ₹2.7t | ₹790.2b | ₹12.4b | 50x | 218.6x | 3.4x |
| Mon, 23 Oct 2023 | ₹2.3t | ₹759.6b | ₹15.3b | 44.5x | 151.6x | 3x |
| Wed, 20 Sep 2023 | ₹2.2t | ₹725.3b | ₹13.8b | 41.7x | 159.3x | 3x |
| Fri, 18 Aug 2023 | ₹1.9t | ₹600.0b | ₹16.5b | 38.9x | 113.4x | 3.1x |
| Sun, 16 Jul 2023 | ₹1.7t | ₹521.0b | ₹14.4b | 37.7x | 115.1x | 3.2x |
| Tue, 13 Jun 2023 | ₹1.6t | ₹518.4b | ₹14.4b | 34.9x | 107.6x | 3x |
| Thu, 11 May 2023 | ₹1.4t | ₹492.9b | ₹15.1b | 32.4x | 94.4x | 2.9x |
| Sat, 08 Apr 2023 | ₹1.4t | ₹483.8b | ₹14.2b | 30.1x | 96.2x | 2.8x |
| Mon, 06 Mar 2023 | ₹938.5b | ₹418.1b | ₹14.0b | 27.8x | 66.9x | 2.2x |
| Wed, 01 Feb 2023 | ₹915.6b | ₹394.5b | ₹13.3b | 35.6x | 68.6x | 2.3x |
| Fri, 30 Dec 2022 | ₹1.0t | ₹360.6b | ₹12.4b | 35.4x | 82x | 2.8x |
| Sun, 27 Nov 2022 | ₹1.0t | ₹360.1b | ₹12.4b | 35.8x | 80.9x | 2.8x |
| Tue, 25 Oct 2022 | ₹1.1t | ₹323.6b | ₹9.7b | 39.6x | 109.2x | 3.3x |
| Thu, 22 Sep 2022 | ₹1.0t | ₹277.1b | ₹8.4b | 40.3x | 120x | 3.7x |
| Sat, 20 Aug 2022 | ₹945.7b | ₹276.8b | ₹8.4b | 26.6x | 112x | 3.4x |
| Mon, 18 Jul 2022 | ₹359.8b | ₹186.2b | -₹312,452,076.00 | 46.5x | -1151.6x | 1.9x |
| Wed, 15 Jun 2022 | ₹338.4b | ₹186.2b | -₹320,795,237.00 | 44.8x | -1054.7x | 1.8x |
| Fri, 13 May 2022 | ₹303.5b | ₹189.1b | ₹219.8m | 34.1x | 1380.5x | 1.6x |
| Sun, 10 Apr 2022 | ₹336.4b | ₹187.8b | ₹221.2m | 37.1x | 1520.4x | 1.8x |
| Tue, 08 Mar 2022 | ₹297.9b | ₹187.8b | ₹220.5m | 34.3x | 1350.6x | 1.6x |
| Thu, 03 Feb 2022 | ₹341.1b | ₹191.0b | ₹1.6b | 28.2x | 206.8x | 1.8x |
| Sat, 01 Jan 2022 | ₹298.7b | ₹183.7b | ₹558.0m | 30.2x | 535.2x | 1.6x |
| Mon, 29 Nov 2021 | ₹115.8b | ₹173.0b | ₹15.5m | 25.9x | 7492.7x | 0.7x |
| Wed, 27 Oct 2021 | ₹131.6b | ₹180.5b | -₹10,452,573,185.00 | 19.9x | -12.6x | 0.7x |
| Fri, 24 Sep 2021 | ₹118.2b | ₹180.4b | -₹10,453,087,508.00 | 16.9x | -11.3x | 0.7x |
| Sun, 22 Aug 2021 | ₹99.7b | ₹180.4b | -₹10,453,087,805.00 | 14.9x | -9.5x | 0.6x |
| Fri, 09 Jul 2021 | ₹90.6b | ₹180.4b | -₹10,453,087,805.00 | 15.5x | -8.7x | 0.5x |
Price to Earnings Ratio
-6.9x
Current Industry PE
- Investors are pessimistic on the Indian Specialty Retail 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 158x which is lower than its 3-year average PE of 320x.
- The 3-year average PS ratio of 2.4x is lower than the industry's current PS ratio of 3.8x.
Past Earnings Growth
- Total earnings for the Specialty Retail industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 75% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Indian Consumer Discretionary industry?
| IN Market | -1.98% | |
| Consumer Discretionary | -2.07% | |
| Specialty Stores | -0.52% | |
| Automotive Retail | 6.74% | |
| Home Furnishing Retail | 2.32% | |
| Computer and Electronics Retail | 0.032% | |
| Apparel Retail | -0.18% | |
| Specialty Stores | -3.04% | |
| Home Improvement Retail | -5.07% | |
Industry PE
- Investors are most optimistic about the Apparel Retail industry even though it's trading below its 3-year average PE ratio of 160x.
- Analysts are expecting annual earnings growth of 24.5%, which is higher than its past year's earnings growth of 9.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Specialty Stores industry, expecting annual earnings growth of 93% over the next 5 years.
- This is better than its past earnings growth rate of 18% per year.
- In contrast, the Apparel Retail industry is expected to see its earnings grow by 24% 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 | |
|---|---|---|---|---|---|
| 500251 Trent | ₹4.50k | 2.0% +₹32.0b | 212.3% | PE107.6x | |
| CARTRADE CarTrade Tech | ₹930.80 | 32.6% +₹10.8b | 116.1% | PE57.5x | |
| EMIL Electronics Mart India | ₹212.35 | 1.1% +₹884.9m | 196.4% | PE45.5x | |
| MOTISONS Motisons Jewellers | ₹169.10 | 5.4% +₹846.6m | n/a | PE68.1x | |
| KORE Jay Jalaram Technologies | ₹440.40 | 11.2% +₹494.2m | 138.1% | PE252.2x |
