The Returns At ESOTIQ & Henderson (WSE:EAH) Aren't Growing
Apr 27
Polish (WIG) Luxury Industry Analysis
UpdatedMay 29, 2024
DataAggregated Company Financials
Companies11
- 7D-2.1%
- 3M4.5%
- 1Y53.4%
- YTD21.8%
Over the last 7 days, the Luxury industry has dropped 2.2%, driven by pullbacks in LPP and CCC of 1.5% and 4.8%, respectively. On the other hand Monnari Trade is actually up 9.5%. In the past year, the industry has gained 52%. As for the next few years, earnings are expected to grow by 23% per annum.
Industry Valuation and Performance
Has the Polish Luxury Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 29 May 2024 | zł42.3b | zł29.9b | zł1.7b | 16x | 25.2x | 1.4x |
| Fri, 26 Apr 2024 | zł35.3b | zł29.7b | zł1.7b | 16.1x | 20.8x | 1.2x |
| Sun, 24 Mar 2024 | zł32.1b | zł29.1b | zł1.5b | 13.8x | 20.9x | 1.1x |
| Tue, 20 Feb 2024 | zł37.7b | zł29.2b | zł1.6b | 12.8x | 24.1x | 1.3x |
| Thu, 18 Jan 2024 | zł33.7b | zł29.3b | zł1.5b | 10.2x | 21.7x | 1.1x |
| Sat, 16 Dec 2023 | zł35.3b | zł29.3b | zł1.6b | 8.2x | 21.9x | 1.2x |
| Mon, 13 Nov 2023 | zł30.4b | zł29.3b | zł1.4b | 8.4x | 21.9x | 1x |
| Wed, 11 Oct 2023 | zł27.9b | zł29.3b | zł1.3b | 8.6x | 21.4x | 1x |
| Fri, 08 Sep 2023 | zł29.5b | zł29.0b | zł879.0m | 9.4x | 33.6x | 1x |
| Sun, 06 Aug 2023 | zł30.5b | zł29.0b | zł876.0m | 9.6x | 34.8x | 1x |
| Tue, 04 Jul 2023 | zł31.0b | zł29.0b | zł871.3m | 7.7x | 35.6x | 1.1x |
| Thu, 01 Jun 2023 | zł27.0b | zł28.2b | zł1.0b | 8x | 26.8x | 1x |
| Sat, 29 Apr 2023 | zł26.3b | zł142.4b | zł4.3b | 7.4x | 6.1x | 0.2x |
| Mon, 27 Mar 2023 | zł20.7b | zł29.7b | zł1.0b | 7x | 20.7x | 0.7x |
| Wed, 22 Feb 2023 | zł21.7b | zł29.7b | zł1.0b | 7.4x | 21.7x | 0.7x |
| Fri, 20 Jan 2023 | zł23.1b | zł29.7b | zł1.0b | 7.3x | 23.1x | 0.8x |
| Sun, 18 Dec 2022 | zł21.8b | zł29.7b | zł1.0b | 6.9x | 21.8x | 0.7x |
| Tue, 15 Nov 2022 | zł21.8b | zł28.1b | zł1.3b | 3.9x | 16.8x | 0.8x |
| Thu, 13 Oct 2022 | zł18.0b | zł27.7b | zł1.4b | 3.8x | 13x | 0.6x |
| Sat, 10 Sep 2022 | zł22.6b | zł26.3b | zł1.2b | 3.9x | 19.5x | 0.9x |
| Mon, 08 Aug 2022 | zł23.5b | zł26.2b | zł1.1b | 8.3x | 20.6x | 0.9x |
| Wed, 06 Jul 2022 | zł25.0b | zł26.2b | zł1.1b | 7.1x | 22.4x | 1x |
| Fri, 03 Jun 2022 | zł23.8b | zł24.5b | zł888.8m | 7.9x | 26.8x | 1x |
| Sun, 01 May 2022 | zł22.0b | zł24.4b | zł879.4m | 8.2x | 25x | 0.9x |
| Tue, 29 Mar 2022 | zł25.8b | zł20.5b | zł73.2m | 9.7x | 351.9x | 1.3x |
| Thu, 24 Feb 2022 | zł31.5b | zł20.4b | zł49.3m | 13x | 639.2x | 1.5x |
| Sat, 22 Jan 2022 | zł36.8b | zł20.4b | zł47.5m | 24.1x | 775.8x | 1.8x |
| Mon, 20 Dec 2021 | zł39.6b | zł20.4b | zł47.5m | 23.9x | 834.8x | 1.9x |
| Wed, 17 Nov 2021 | zł34.1b | zł18.9b | -zł356,803,766.00 | 9.9x | -95.6x | 1.8x |
| Fri, 15 Oct 2021 | zł34.5b | zł18.9b | -zł154,639,766.00 | 7.4x | -223.3x | 1.8x |
| Sun, 12 Sep 2021 | zł35.3b | zł17.4b | -zł696,316,766.00 | 24.8x | -50.7x | 2x |
| Tue, 10 Aug 2021 | zł34.9b | zł17.4b | -zł701,759,766.00 | 27x | -49.8x | 2x |
Price to Earnings Ratio
-39.7x
Current Industry PE
- Investors are pessimistic on the Polish 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 25.2x which is lower than its 3-year average PE of 78.1x.
- The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- Total earnings for the Luxury industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 20% 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 Polish Consumer Discretionary industry?
| PL Market | -1.76% | |
| Consumer Discretionary | 2.22% | |
| Luxury | -2.08% | |
| Textiles | 3.46% | |
| Apparel, Accessories and Luxury Goods | -1.36% | |
| Footwear | -4.76% | |
Industry PE
- Investors are most optimistic about the Apparel, Accessories and Luxury Goods industry even though it's trading below its 3-year average PE ratio of 36.2x.
- Analysts are expecting annual earnings growth of 16.1%, which is higher than its past year's earnings decline of 31.1% per year.
Forecasted Growth
- Analysts are most optimistic on the Footwear industry, expecting annual earnings growth of 48% over the next 5 years.
- This is better than its past earnings decline of 18% per year.
- In contrast, the Apparel, Accessories and Luxury Goods 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 | |
|---|---|---|---|---|---|
| MON Monnari Trade | zł6.02 | 9.5% +zł13.5m | 14.0% | PE18.3x | |
| VRG VRG | zł3.48 | 1.5% +zł11.7m | 2.1% | PE8.1x | |
| NVT Novita | zł119.50 | 3.5% +zł10.0m | -14.6% | PE16x | |
| EAH ESOTIQ & Henderson | zł41.60 | 4.0% +zł3.2m | 26.8% | PE21.1x | |
| SFK Skoczowska Fabryka Kapeluszy POLKAP | zł0.79 | 6.8% +zł1.3m | 12.9% | PS1.3x |