Shareholders Can Be Confident That Newag's (WSE:NWG) Earnings Are High Quality
Apr 27
Polish (WIG) Construction Machinery and Vehicles Industry Analysis
UpdatedMay 16, 2024
DataAggregated Company Financials
Companies5
- 7D2.0%
- 3M-1.2%
- 1Y-3.3%
- YTDn/a
In the last week, the Construction Machinery and Vehicles industry is up 2.0%, with Grenevia up 7.4%. Meanwhile, Newag actually underperformed within the industry, shrinking 5.5% in the last week. However, the industry is down 3.3% over the past year. In the next few years earnings are forecast to be pretty stable.
Industry Valuation and Performance
Has the Polish Construction Machinery and Vehicles Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 16 May 2024 | zł3.4b | zł6.5b | zł577.9m | 4.8x | 5.9x | 0.5x |
| Sat, 13 Apr 2024 | zł3.2b | zł6.9b | zł517.1m | 5x | 6.1x | 0.5x |
| Mon, 11 Mar 2024 | zł3.4b | zł6.8b | zł480.2m | 6.1x | 7.2x | 0.5x |
| Wed, 07 Feb 2024 | zł3.5b | zł6.5b | zł522.0m | 6.1x | 6.8x | 0.5x |
| Fri, 05 Jan 2024 | zł3.6b | zł6.5b | zł522.0m | 6.2x | 6.8x | 0.5x |
| Sun, 03 Dec 2023 | zł3.7b | zł6.4b | zł498.5m | 7.5x | 7.5x | 0.6x |
| Tue, 31 Oct 2023 | zł3.4b | zł6.3b | zł460.3m | 6.7x | 7.4x | 0.5x |
| Thu, 28 Sep 2023 | zł3.2b | zł6.3b | zł460.3m | 6.4x | 7x | 0.5x |
| Sat, 26 Aug 2023 | zł3.3b | zł6.2b | zł483.6m | 12.2x | 6.9x | 0.5x |
| Mon, 24 Jul 2023 | zł3.4b | zł6.2b | zł435.3m | 17.6x | 7.8x | 0.5x |
| Wed, 21 Jun 2023 | zł3.2b | zł6.2b | zł435.3m | 16.6x | 7.4x | 0.5x |
| Fri, 19 May 2023 | zł3.5b | zł5.8b | zł296.3m | 23.7x | 11.7x | 0.6x |
| Sun, 16 Apr 2023 | zł3.7b | zł5.6b | zł116.2m | 36.8x | 31.6x | 0.7x |
| Tue, 14 Mar 2023 | zł3.6b | zł5.6b | zł116.2m | 36.1x | 31.1x | 0.7x |
| Thu, 09 Feb 2023 | zł3.3b | zł5.5b | zł148.0m | 34.1x | 22.6x | 0.6x |
| Sat, 07 Jan 2023 | zł3.2b | zł5.5b | zł148.0m | 31.7x | 21.6x | 0.6x |
| Mon, 05 Dec 2022 | zł3.2b | zł5.6b | zł180.5m | 16.6x | 17.7x | 0.6x |
| Wed, 02 Nov 2022 | zł2.8b | zł5.2b | zł149.2m | 12.6x | 19x | 0.5x |
| Fri, 30 Sep 2022 | zł2.9b | zł5.2b | zł149.2m | 12.1x | 19.2x | 0.6x |
| Sun, 28 Aug 2022 | zł2.9b | zł4.9b | zł37.4m | 12.8x | 76.7x | 0.6x |
| Tue, 26 Jul 2022 | zł3.1b | zł5.3b | zł265.9m | 7.1x | 11.5x | 0.6x |
| Thu, 23 Jun 2022 | zł2.8b | zł5.3b | zł266.3m | 7x | 10.6x | 0.5x |
| Sat, 21 May 2022 | zł2.9b | zł5.1b | zł274.6m | 6.8x | 10.6x | 0.6x |
| Mon, 18 Apr 2022 | zł3.2b | zł5.1b | zł388.7m | 5.1x | 8.2x | 0.6x |
| Wed, 16 Mar 2022 | zł3.0b | zł4.8b | zł405.8m | 5x | 7.3x | 0.6x |
| Fri, 11 Feb 2022 | zł3.0b | zł4.8b | zł390.9m | 4.9x | 7.8x | 0.6x |
| Sun, 09 Jan 2022 | zł3.5b | zł4.8b | zł388.3m | 5.2x | 9x | 0.7x |
| Tue, 07 Dec 2021 | zł3.1b | zł4.8b | zł388.3m | 6.1x | 8.1x | 0.7x |
| Thu, 04 Nov 2021 | zł3.7b | zł4.6b | zł447.2m | 6.8x | 8.3x | 0.8x |
| Sat, 02 Oct 2021 | zł3.6b | zł4.6b | zł447.2m | 6x | 8.1x | 0.8x |
| Mon, 30 Aug 2021 | zł3.3b | zł4.5b | zł450.2m | 6.1x | 7.3x | 0.7x |
| Tue, 06 Jul 2021 | zł3.2b | zł4.5b | zł450.2m | 5.8x | 7x | 0.7x |
Price to Earnings Ratio
6.8x
Current Industry PE
- Investors are pessimistic on the Polish Construction Machinery and Heavy Trucks 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 5.9x which is lower than its 3-year average PE of 12.9x.
- The industry is trading close to its 3-year average PS ratio of 0.61x.
Past Earnings Growth
- The earnings for companies in the Construction Machinery and Heavy Trucks industry have grown 6.4% per year over the last three years.
- Revenues for these companies have grown 13% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Polish Construction Machinery and Vehicles compare with similar industries?
| PL Market | 0.23% | |
| Industrials | 2.86% | |
| Machinery | 1.39% | |
| Construction Machinery and Vehicles | 1.95% | |
| Industrial Machinery | 0.52% | |
| Agricultural Machinery | 0% | |
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 | |
|---|---|---|---|---|---|
| GEA Grenevia | zł2.60 | 7.4% +zł103.4m | -23.6% | PE4.8x | |
| WLT Wielton | zł8.28 | 5.1% +zł24.2m | -17.0% | PE4.8x | |
| PAT Patentus | zł4.75 | 8.0% +zł10.3m | 216.7% | PE2.3x |