Asian Paints (NSE:ASIANPAINT) Is Increasing Its Dividend To ₹5.15
Oct 29
Indian (NIFTY) Materials Sector Analysis
UpdatedOct 31, 2023
DataAggregated Company Financials
Companies693
- 7D-0.5%
- 3M-1.1%
- 1Y10.7%
- YTD6.1%
Over the last 7 days, the Materials industry has dropped 4.0%, driven by Asian Paints declining 3.4%. This takes the industry's 12 month performance to a gain of 11%. Earnings are forecast to grow by 19% annually.
Sector Valuation and Performance
Has the Indian Materials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Oct 2023 | ₹36.8t | ₹24.4t | ₹1.4t | 23.4x | 25.4x | 1.5x |
| Thu, 28 Sep 2023 | ₹38.0t | ₹24.4t | ₹1.4t | 23.5x | 27.2x | 1.6x |
| Sat, 26 Aug 2023 | ₹36.7t | ₹24.4t | ₹1.4t | 22.3x | 26.3x | 1.5x |
| Mon, 24 Jul 2023 | ₹36.2t | ₹24.5t | ₹1.5t | 19.9x | 23.5x | 1.5x |
| Wed, 21 Jun 2023 | ₹35.8t | ₹24.4t | ₹1.6t | 19.3x | 23x | 1.5x |
| Fri, 19 May 2023 | ₹33.6t | ₹24.4t | ₹1.7t | 17.9x | 19.9x | 1.4x |
| Sun, 16 Apr 2023 | ₹33.0t | ₹24.2t | ₹1.8t | 16.8x | 18.2x | 1.4x |
| Tue, 14 Mar 2023 | ₹31.8t | ₹24.2t | ₹1.8t | 16x | 17.5x | 1.3x |
| Thu, 09 Feb 2023 | ₹32.3t | ₹24.0t | ₹1.9t | 16.6x | 17.4x | 1.3x |
| Sat, 07 Jan 2023 | ₹33.8t | ₹23.6t | ₹2.1t | 17.2x | 16.3x | 1.4x |
| Mon, 05 Dec 2022 | ₹34.6t | ₹23.6t | ₹2.1t | 16.9x | 16.7x | 1.5x |
| Wed, 02 Nov 2022 | ₹33.2t | ₹22.9t | ₹2.2t | 16.4x | 15.2x | 1.4x |
| Fri, 30 Sep 2022 | ₹32.3t | ₹22.6t | ₹2.4t | 16.5x | 13.4x | 1.4x |
| Sun, 28 Aug 2022 | ₹32.9t | ₹22.6t | ₹2.4t | 16.2x | 13.7x | 1.5x |
| Tue, 26 Jul 2022 | ₹30.6t | ₹21.4t | ₹2.4t | 15.2x | 12.8x | 1.4x |
| Thu, 23 Jun 2022 | ₹27.1t | ₹21.1t | ₹2.5t | 14x | 11x | 1.3x |
| Sat, 21 May 2022 | ₹31.3t | ₹20.2t | ₹2.4t | 15.7x | 13x | 1.6x |
| Mon, 18 Apr 2022 | ₹35.1t | ₹19.4t | ₹2.3t | 17.3x | 15.1x | 1.8x |
| Wed, 16 Mar 2022 | ₹31.9t | ₹19.7t | ₹2.4t | 15.4x | 13.3x | 1.6x |
| Fri, 11 Feb 2022 | ₹34.3t | ₹19.3t | ₹2.4t | 16.2x | 14.4x | 1.8x |
| Sun, 09 Jan 2022 | ₹34.7t | ₹18.3t | ₹2.3t | 16.8x | 15.4x | 1.9x |
| Tue, 07 Dec 2021 | ₹32.1t | ₹18.3t | ₹2.3t | 14.4x | 14.2x | 1.8x |
| Thu, 04 Nov 2021 | ₹33.5t | ₹17.5t | ₹2.1t | 16x | 16.2x | 1.9x |
| Sat, 02 Oct 2021 | ₹33.3t | ₹16.8t | ₹1.9t | 16x | 17.6x | 2x |
| Mon, 30 Aug 2021 | ₹32.7t | ₹16.8t | ₹1.9t | 15.5x | 17.3x | 1.9x |
| Tue, 06 Jul 2021 | ₹30.2t | ₹16.7t | ₹1.9t | 14x | 16x | 1.8x |
| Fri, 09 Apr 2021 | ₹24.9t | ₹14.7t | ₹1.3t | 12.9x | 19.2x | 1.7x |
| Thu, 31 Dec 2020 | ₹21.2t | ₹13.6t | ₹759.2b | 14.6x | 27.9x | 1.6x |
Price to Earnings Ratio
33.3x
Current Industry PE
- Investors are optimistic on the Indian Materials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 25.3x which is higher than its 3-year average PE of 19.1x.
- The industry is trading close to its 3-year average PS ratio of 1.6x.
Past Earnings Growth
- The earnings for companies in the Materials industry have grown 39% per year over the last three years.
- Revenues for these companies have grown 23% 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 Indian Materials sector?
| IN Market | -0.0041% | |
| Materials | -0.49% | |
| Packaging | 1.70% | |
| Paper and Forestry Products | 0.63% | |
| Basic Materials | 0.50% | |
| Metals and Mining | -0.28% | |
| Chemicals | -1.23% | |
Industry PE
- Investors are most optimistic about the Basic Materials industry which is trading above its 3-year average PE ratio of 28.9x.
- Analysts are expecting annual earnings growth of 15.8%, which is higher than its past year's earnings decline of 31.3% per year.
- Investors are most pessimistic about the Paper and Forestry Products industry, which is trading below its 3-year average of 26.5x.
Forecasted Growth
- Analysts are most optimistic on the Metals and Mining industry, expecting annual earnings growth of 25% over the next 5 years.
- This is better than its past earnings growth rate of 17% per year.
- In contrast, the Basic Materials 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 | |
|---|---|---|---|---|---|
| SUPREMEIND Supreme Industries | ₹4.52k | 4.6% +₹25.4b | 108.4% | PE66.3x | |
| ULTRACEMCO UltraTech Cement | ₹8.40k | 0.9% +₹22.0b | 25.1% | PE42.5x | |
| FACT Fertilisers and Chemicals Travancore | ₹687.35 | 4.7% +₹19.9b | 483.5% | PE81.2x | |
| 500378 Jindal Saw | ₹412.55 | 13.0% +₹15.1b | 429.6% | PE14.7x | |
| 526371 NMDC | ₹155.85 | 3.1% +₹13.8b | 56.3% | PE7.9x |
