We Think You Can Look Beyond Indel B's (BIT:INDB) Lackluster Earnings
Apr 19
Italian (Borsa Italiana) Household Appliances Industry Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies5
- 7D-5.6%
- 3M11.2%
- 1Y40.8%
- YTDn/a
Over the last 7 days, the Household Appliances industry has dropped 1.3%, driven by De'Longhi declining 1.9%. In contrast, Sabaf has gained 11%. In the past year, the industry has gained 45%. As for the next few years, earnings are expected to grow by 12% per annum.
Industry Valuation and Performance
Has the Italian Household Appliances Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | €5.4b | €4.6b | €303.5m | 17.9x | 17.7x | 1.2x |
| Tue, 16 Apr 2024 | €6.9b | €7.7b | €484.0m | 12x | 14.2x | 0.9x |
| Thu, 14 Mar 2024 | €7.6b | €7.7b | €485.9m | 11.5x | 15.7x | 1x |
| Sat, 10 Feb 2024 | €6.9b | €7.3b | €443.2m | 10.7x | 15.7x | 0.9x |
| Mon, 08 Jan 2024 | €7.4b | €7.3b | €443.2m | 11.9x | 16.6x | 1x |
| Wed, 06 Dec 2023 | €6.9b | €7.3b | €443.2m | 10.7x | 15.5x | 0.9x |
| Fri, 03 Nov 2023 | €5.8b | €7.3b | €413.2m | 9.9x | 14.1x | 0.8x |
| Sun, 01 Oct 2023 | €5.9b | €7.3b | €412.4m | 11.7x | 14.2x | 0.8x |
| Tue, 29 Aug 2023 | €6.8b | €7.4b | €415.6m | 14x | 16.4x | 0.9x |
| Thu, 27 Jul 2023 | €6.8b | €7.0b | €365.0m | 14.8x | 18.6x | 1x |
| Sat, 24 Jun 2023 | €7.0b | €7.0b | €365.0m | 14.2x | 19.2x | 1x |
| Mon, 22 May 2023 | €7.5b | €7.0b | €365.0m | 15.2x | 20.6x | 1.1x |
| Wed, 19 Apr 2023 | €7.6b | €7.2b | €393.9m | 11.8x | 19.4x | 1.1x |
| Fri, 17 Mar 2023 | €7.4b | €7.2b | €395.2m | 11.4x | 18.7x | 1x |
| Sun, 12 Feb 2023 | €7.4b | €7.1b | €374.1m | 13.1x | 19.7x | 1x |
| Tue, 10 Jan 2023 | €7.6b | €7.1b | €374.1m | 13.7x | 20.4x | 1.1x |
| Thu, 08 Dec 2022 | €7.0b | €7.1b | €374.1m | 13.4x | 18.7x | 1x |
| Sat, 05 Nov 2022 | €6.0b | €7.1b | €414.3m | 10.9x | 14.4x | 0.8x |
| Mon, 03 Oct 2022 | €5.8b | €7.1b | €418.0m | 9.5x | 13.8x | 0.8x |
| Wed, 31 Aug 2022 | €5.9b | €7.1b | €428.2m | 10.8x | 13.8x | 0.8x |
| Fri, 29 Jul 2022 | €5.9b | €6.9b | €518.3m | 10.7x | 11.5x | 0.9x |
| Sun, 26 Jun 2022 | €6.0b | €6.9b | €518.3m | 10.9x | 11.6x | 0.9x |
| Tue, 24 May 2022 | €7.4b | €6.9b | €518.3m | 11.8x | 14.2x | 1.1x |
| Thu, 21 Apr 2022 | €7.7b | €6.8b | €535.9m | 11.4x | 14.3x | 1.1x |
| Sat, 19 Mar 2022 | €8.0b | €6.8b | €535.8m | 11x | 14.9x | 1.2x |
| Mon, 14 Feb 2022 | €8.8b | €6.5b | €599.7m | 12.5x | 14.7x | 1.4x |
| Wed, 12 Jan 2022 | €8.9b | €6.5b | €608.0m | 10.7x | 14.6x | 1.4x |
| Fri, 10 Dec 2021 | €8.9b | €4.6b | €444.6m | 8.9x | 20.1x | 2x |
| Sun, 07 Nov 2021 | €6.2b | €4.4b | €436.8m | 11.1x | 14.1x | 1.4x |
| Tue, 05 Oct 2021 | €5.7b | €4.4b | €434.2m | 8.6x | 13x | 1.3x |
| Thu, 02 Sep 2021 | €6.9b | €4.3b | €420.7m | 17.6x | 16.4x | 1.6x |
| Sat, 31 Jul 2021 | €6.5b | €4.3b | €420.7m | 16.5x | 15.5x | 1.5x |
Price to Earnings Ratio
19.7x
Current Industry PE
- Investors are optimistic on the Italian Household Appliances industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 18.0x which is higher than its 3-year average PE of 16.0x.
- The industry is trading close to its 3-year average PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Household Appliances industry have declined 2.1% per year over the last three years.
- Meanwhile revenues for these companies have grown 5.3% 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 Comparison
How does Italian Household Appliances compare with similar industries?
| IT Market | 1.67% | |
| Consumer Discretionary | 1.23% | |
| Consumer Durables | -5.17% | |
| Household Appliances | -5.61% | |
| Homebuilding | 1.12% | |
| Consumer Electronics | 0.76% | |
| Housewares and Specialties | -4.02% | |
| Home Furnishings | -6.49% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SAB Sabaf | €19.05 | 9.2% +€19.9m | 20.1% | PE29x | |
| INDB Indel B | €22.60 | 0.9% +€1.1m | -7.4% | PE12.2x |