Investors Shouldn't Be Too Comfortable With LAMDA Development's (ATH:LAMDA) Earnings
Apr 27
Greek (ASE) Real Estate Industry Analysis
UpdatedMay 20, 2024
DataAggregated Company Financials
Companies6
- 7D-3.4%
- 3M-4.0%
- 1Y5.9%
- YTD-4.0%
Over the last 7 days, the Real Estate industry has dropped 3.4%, driven by LAMDA Development declining 5.0%. In the past year, the industry has gained 5.9%. As for the next few years, earnings are expected to grow by 46% per annum.
Industry Valuation and Performance
Has the Greek Real Estate Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 20 May 2024 | €1.7b | €505.5m | €54.4m | 37.6x | 31.6x | 3.4x |
| Wed, 17 Apr 2024 | €1.7b | €319.6m | €56.0m | 22.3x | 30x | 5.3x |
| Fri, 15 Mar 2024 | €1.8b | €321.0m | €43.3m | 47.8x | 41.9x | 5.7x |
| Sun, 11 Feb 2024 | €1.8b | €320.4m | €49.6m | 48.2x | 37.1x | 5.7x |
| Tue, 09 Jan 2024 | €1.8b | €320.5m | €49.5m | 43.2x | 36.9x | 5.7x |
| Thu, 07 Dec 2023 | €1.8b | €319.4m | €51.0m | 35.5x | 34.6x | 5.5x |
| Sat, 04 Nov 2023 | €1.7b | €278.9m | €42.4m | 34.3x | 39.2x | 6x |
| Mon, 02 Oct 2023 | €1.6b | €216.8m | -€16,120,812.00 | 45.4x | -101.3x | 7.5x |
| Wed, 30 Aug 2023 | €1.8b | €215.1m | -€20,925,413.00 | 28.6x | -86.2x | 8.4x |
| Fri, 28 Jul 2023 | €1.9b | €215.3m | -€20,670,324.00 | 25.8x | -89.8x | 8.6x |
| Sun, 25 Jun 2023 | €1.8b | €215.2m | -€31,972,802.00 | 47.9x | -55.7x | 8.3x |
| Tue, 23 May 2023 | €1.6b | €157.4m | -€61,924,614.00 | 44.2x | -26.4x | 10.4x |
| Thu, 20 Apr 2023 | €1.6b | €157.4m | -€61,924,614.00 | 48.4x | -26.4x | 10.4x |
| Sat, 18 Mar 2023 | €1.6b | €145.2m | -€49,264,025.00 | 47.5x | -32.6x | 11x |
| Mon, 13 Feb 2023 | €1.7b | €145.2m | -€49,264,025.00 | 46.6x | -35.2x | 11.9x |
| Wed, 11 Jan 2023 | €1.7b | €145.2m | -€49,264,025.00 | 44.4x | -33.7x | 11.4x |
| Fri, 09 Dec 2022 | €1.6b | €145.2m | -€49,264,025.00 | 36.7x | -31.9x | 10.8x |
| Sun, 06 Nov 2022 | €1.6b | €138.5m | -€31,936,808.00 | 38.2x | -51.6x | 11.9x |
| Tue, 04 Oct 2022 | €1.6b | €138.5m | -€31,936,808.00 | 38.9x | -49.4x | 11.4x |
| Thu, 01 Sep 2022 | €1.7b | €121.9m | €208.2m | 50x | 8.3x | 14.1x |
| Sat, 30 Jul 2022 | €1.7b | €121.9m | €208.2m | 38.5x | 7.9x | 13.6x |
| Mon, 27 Jun 2022 | €1.4b | €110.6m | €209.1m | 37.2x | 6.6x | 12.5x |
| Wed, 25 May 2022 | €1.4b | €109.0m | €207.7m | 37.7x | 6.8x | 13x |
| Fri, 22 Apr 2022 | €1.6b | €108.1m | €207.1m | 8.3x | 7.7x | 14.8x |
| Sun, 20 Mar 2022 | €1.5b | €95.3m | €182.8m | 35.2x | 8.1x | 15.6x |
| Tue, 15 Feb 2022 | €1.6b | €95.3m | €182.8m | 41.2x | 8.9x | 17x |
| Thu, 13 Jan 2022 | €1.8b | €95.3m | €182.8m | 45x | 9.6x | 18.5x |
| Sat, 11 Dec 2021 | €1.7b | €95.3m | €182.8m | 38.4x | 9.3x | 17.9x |
| Mon, 08 Nov 2021 | €1.8b | €88.5m | €183.6m | 46.8x | 9.5x | 19.8x |
| Wed, 06 Oct 2021 | €1.8b | €88.5m | €183.6m | 44.3x | 9.6x | 19.9x |
| Fri, 03 Sep 2021 | €1.9b | €80.3m | -€55,253,125.00 | 632.8x | -34.3x | 23.6x |
| Sun, 01 Aug 2021 | €1.9b | €80.3m | -€55,253,125.00 | 648.1x | -34.9x | 24x |
Price to Earnings Ratio
-29x
Current Industry PE
- Investors are optimistic on the Greek Real Estate industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 31.6x which is higher than its 3-year average PE of -10.8x.
- The 3-year average PS ratio of 12.5x is higher than the industry's current PS ratio of 3.4x.
Past Earnings Growth
- Total earnings for the Real Estate industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 85% 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 Greek Real Estate industry?
| GR Market | 0.63% | |
| Real Estate | -1.29% | |
| Real Estate | -3.44% | |
| Diversified Real Estate | 0% | |
| Real Estate Services | -1.39% | |
| Real Estate Development | -1.99% | |
| Real Estate Operating Companies | -4.23% | |
Industry PE
- Investors are most optimistic about the Real Estate Services industry, which is trading close to its 3-year average PE ratio of 50.8x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Real Estate Development industry, which is trading below its 3-year average of 251x.
Forecasted Growth
- Analysts are most optimistic on the Real Estate Operating Companies industry, expecting annual earnings growth of 46% over the next 5 years.
- This is better than its past earnings decline of 55% per year.
- In contrast, the Real Estate Operating Companies industry is expected to see its earnings grow by 46% 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 | |
|---|---|---|---|---|---|
| PREMIA Premia Real Estate Investment Company Societe Anonyme | €1.19 | 4.7% +€4.6m | 4.4% | PE14.1x |
