Shareholders Are Optimistic That Brunello Cucinelli (BIT:BC) Will Multiply In Value
May 27
Italian (Borsa Italiana) Luxury Industry Analysis
UpdatedMay 29, 2024
DataAggregated Company Financials
Companies21
- 7D-0.1%
- 3M-8.5%
- 1Y-3.0%
- YTD6.6%
Over the last 7 days, the Luxury industry has remained flat. Furthermore, the industry has been flat for the past year as well. Earnings are forecast to grow by 13% annually.
Industry Valuation and Performance
Has the Italian Luxury Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 29 May 2024 | €27.9b | €11.6b | €803.6m | 14x | 34.7x | 2.4x |
| Fri, 26 Apr 2024 | €28.9b | €11.5b | €816.2m | 12.6x | 35.4x | 2.5x |
| Sun, 24 Mar 2024 | €30.6b | €11.6b | €791.1m | 13.9x | 38.7x | 2.6x |
| Tue, 20 Feb 2024 | €29.7b | €11.5b | €761.7m | 14.6x | 39x | 2.6x |
| Thu, 18 Jan 2024 | €24.3b | €11.6b | €764.1m | 14.1x | 31.8x | 2.1x |
| Sat, 16 Dec 2023 | €26.2b | €11.6b | €764.1m | 15.1x | 34.3x | 2.3x |
| Mon, 13 Nov 2023 | €23.6b | €11.6b | €788.6m | 15.1x | 29.9x | 2x |
| Wed, 11 Oct 2023 | €24.9b | €11.6b | €788.5m | 15.3x | 31.6x | 2.1x |
| Fri, 08 Sep 2023 | €26.5b | €11.5b | €760.4m | 20.5x | 34.8x | 2.3x |
| Sun, 06 Aug 2023 | €28.0b | €11.4b | €761.2m | 18.9x | 36.8x | 2.5x |
| Tue, 04 Jul 2023 | €28.6b | €11.2b | €903.2m | 17x | 31.6x | 2.6x |
| Thu, 01 Jun 2023 | €28.8b | €11.1b | €902.3m | 17.1x | 31.9x | 2.6x |
| Sat, 29 Apr 2023 | €30.4b | €11.0b | €906.6m | 18.9x | 33.6x | 2.8x |
| Mon, 27 Mar 2023 | €28.6b | €11.1b | €933.0m | 20.6x | 30.6x | 2.6x |
| Wed, 22 Feb 2023 | €28.1b | €10.5b | €871.8m | 23x | 32.3x | 2.7x |
| Fri, 20 Jan 2023 | €26.2b | €10.5b | €871.8m | 23.2x | 30x | 2.5x |
| Sun, 18 Dec 2022 | €24.3b | €10.5b | €871.8m | 23.5x | 27.9x | 2.3x |
| Tue, 15 Nov 2022 | €24.2b | €10.5b | €871.9m | 19.8x | 27.7x | 2.3x |
| Thu, 13 Oct 2022 | €21.6b | €10.4b | €875.3m | 21.1x | 24.7x | 2.1x |
| Sat, 10 Sep 2022 | €21.9b | €10.2b | €864.2m | 21.8x | 25.3x | 2.1x |
| Mon, 08 Aug 2022 | €23.8b | €10.0b | €801.8m | 23x | 29.6x | 2.4x |
| Wed, 06 Jul 2022 | €18.9b | €9.5b | €608.5m | 21.9x | 31.1x | 2x |
| Fri, 03 Jun 2022 | €21.6b | €9.5b | €600.6m | 21.4x | 36x | 2.3x |
| Sun, 01 May 2022 | €23.4b | €9.3b | €574.2m | 27.6x | 40.7x | 2.5x |
| Tue, 29 Mar 2022 | €23.5b | €9.2b | €660.9m | 29.8x | 35.5x | 2.5x |
| Thu, 24 Feb 2022 | €25.8b | €8.5b | €575.3m | 28.4x | 44.8x | 3x |
| Sat, 22 Jan 2022 | €26.8b | €8.5b | €575.3m | 28.7x | 46.5x | 3.1x |
| Mon, 20 Dec 2021 | €28.8b | €8.5b | €575.3m | 25.5x | 50.1x | 3.4x |
| Wed, 17 Nov 2021 | €30.8b | €8.5b | €623.4m | 27.6x | 49.4x | 3.6x |
| Fri, 15 Oct 2021 | €26.2b | €8.4b | €584.2m | 34.1x | 44.9x | 3.1x |
| Sun, 12 Sep 2021 | €25.4b | €8.1b | €477.4m | 40.2x | 53.3x | 3.1x |
| Tue, 10 Aug 2021 | €27.5b | €8.1b | €476.9m | 41.5x | 57.7x | 3.4x |
Price to Earnings Ratio
128.2x
Current Industry PE
- Investors are pessimistic on the Italian Luxury 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 34.7x which is lower than its 3-year average PE of 38.9x.
- The industry is trading close to its 3-year average PS ratio of 2.6x.
Past Earnings Growth
- The earnings for companies in the Luxury industry have grown 58% per year over the last three years.
- Revenues for these companies have grown 15% 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 Italian Consumer Discretionary industry?
| IT Market | 0.27% | |
| Consumer Discretionary | 1.26% | |
| Luxury | -0.14% | |
| Apparel, Accessories and Luxury Goods | -0.14% | |
| Footwear | -0.21% | |
| Textiles | -0.25% | |
Industry PE
- Investors are most optimistic about the Footwear industry which is trading above its 3-year average PE ratio of 10.8x.
- Analysts are expecting annual earnings growth of 23.5%, which is lower than the prior year's growth of 116.9% per year.
Forecasted Growth
- Analysts are most optimistic on the Textiles industry, expecting annual earnings growth of 52% over the next 5 years.
- This is better than its past earnings decline of 6.4% per year.
- In contrast, the Apparel, Accessories and Luxury Goods industry is expected to see its earnings grow by 12% 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 | |
|---|---|---|---|---|---|
| MONC Moncler | €61.02 | 1.0% +€162.2m | -3.6% | PE27x | |
| OVS OVS | €2.72 | 2.3% +€13.8m | 11.0% | PE13.2x | |
| AEF Aeffe | €0.83 | 4.0% +€3.1m | -29.8% | PS0.3x | |
| ECNL Aquafil | €3.17 | 1.9% +€3.0m | -16.6% | PS0.3x | |
| PQ Piquadro | €2.00 | 3.1% +€2.8m | 6.4% | PE8.9x |
