2024/10/14 / Erste Group Research |
ATX: Günstige Bewertung, attraktive Dividendenrendite Über die ersten drei Quartale legte der ATX um 6,4% zu. Mit einem KGV von rund 9x bleibt der ATX weiter günstig bewertet. Zum Vergleich, der Euro Stoxx 600 notiert bei knapp 15x. Die erwartete Gewinnentwicklung differiert dabei für den ATX nicht so stark vom europäischen Gesamtmarkt. Für heuer wird für den ATX ein Gewinnrückgang von 9%prognostiziert während für 2025 und 2026 wieder positive Zuwachsraten von +10% bzw. +6% erwartet werden. Besonders hervorzuheben ist die erwartete Dividendenrendite des ATX von 5,7 %, gegenüber rund 3,7% im Euro Stoxx 600. Auch wenn sich der Start ins Q4 von den Spannungen im Nahen Osten und gemischten Wirtschaftsdaten belastet zeigt, erwarten wir für das Schlussquartal dennoch eine Fortsetzung des Aufwärtstrends. |
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Author | Erste Group Research |
Date | 2024/10/14 |
Language | |
Product name | Empfehlungsliste |
Topic in focus | Equities |
Economy in focus | Austria |
Currency in focus | Euro |
Sector in focus | Automobiles & Parts, Banks, Basic Resources, Chemicals, Construction & Material, Food & Beverage, Industrial Goods & Services, Insurance, Oil & Gas, Real Estate, Technology, Telecommunications, Travel & Leisure, Utilities |
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Name | ISIN | # Erste Group products |
- | AT0000827209 | 0 |
- | AT000000ETS9 | 0 |
Addiko Bank | AT000ADDIKO0 | 0 |
Agrana | AT000AGRANA3 | 0 |
AMAG | AT00000AMAG3 | 0 |
ams OSRAM | AT0000A18XM4 | 0 |
Andritz | AT0000730007 | 28 |
AT&S | AT0000969985 | 20 |
Austrian Post | AT0000APOST4 | 17 |
BAWAG | AT0000BAWAG2 | 28 |
CA IMMO | AT0000641352 | 21 |
DO & CO | AT0000818802 | 0 |
EVN | AT0000741053 | 14 |
FACC | AT00000FACC2 | 10 |
Immofinanz | AT0000A21KS2 | 11 |
Kapsch TrafficCom | AT000KAPSCH9 | 0 |
Kontron | AT0000A0E9W5 | 0 |
Lenzing | AT0000644505 | 15 |
Mayr-Melnhof | AT0000938204 | 13 |
OMV | AT0000743059 | 38 |
Palfinger | AT0000758305 | 3 |
Polytec | AT0000A00XX9 | 0 |
PORR | AT0000609607 | 0 |
RBI | AT0000606306 | 38 |
S Immo | AT0000652250 | 3 |
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