There May Be Reason For Hope In Cushman & Wakefield's (NYSE:CWK) Disappointing Earnings
May 07
U.S. Real Estate Services Industry Analysis
UpdatedMay 09, 2024
DataAggregated Company Financials
Companies26
- 7D2.8%
- 3M2.9%
- 1Y12.6%
- YTDn/a
In the last week, the Real Estate Services industry is up 3.6%, with KE Holdings up 11%. This means that the industry has gained 16% over the past year. As for the next few years, earnings are expected to grow by 30% per annum.
Industry Valuation and Performance
Has the U.S. Real Estate Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 09 May 2024 | US$116.6b | US$105.0b | US$1.3b | 30.2x | 91.2x | 1.1x |
| Sat, 06 Apr 2024 | US$117.1b | US$106.1b | US$1.2b | 35.5x | 97.8x | 1.1x |
| Mon, 04 Mar 2024 | US$116.8b | US$105.6b | US$1.2b | 28.3x | 99.3x | 1.1x |
| Wed, 31 Jan 2024 | US$115.9b | US$107.1b | -US$107,763,431.00 | 40.4x | -1075.8x | 1.1x |
| Fri, 29 Dec 2023 | US$122.4b | US$107.2b | -US$101,588,504.00 | 43.5x | -1205x | 1.1x |
| Sun, 26 Nov 2023 | US$106.0b | US$107.1b | -US$106,246,489.00 | 36.3x | -998x | 1x |
| Tue, 24 Oct 2023 | US$93.5b | US$110.2b | -US$834,970,687.00 | 26.7x | -112x | 0.8x |
| Thu, 21 Sep 2023 | US$108.0b | US$110.3b | -US$831,835,517.00 | 38.6x | -129.8x | 1x |
| Sat, 19 Aug 2023 | US$108.4b | US$109.5b | -US$1,300,804,395.00 | 67.1x | -83.4x | 1x |
| Mon, 17 Jul 2023 | US$117.3b | US$114.8b | -US$890,541,078.00 | 25.8x | -131.8x | 1x |
| Wed, 14 Jun 2023 | US$75.5b | US$112.4b | -US$1,210,805,206.00 | 21.2x | -62.4x | 0.7x |
| Fri, 12 May 2023 | US$71.4b | US$111.6b | -US$1,679,750,754.00 | 18.1x | -42.5x | 0.6x |
| Sun, 09 Apr 2023 | US$72.7b | US$116.1b | -US$650,237,382.00 | 11.7x | -111.8x | 0.6x |
| Tue, 07 Mar 2023 | US$79.5b | US$116.4b | -US$861,681,910.00 | 12.8x | -92.2x | 0.7x |
| Thu, 02 Feb 2023 | US$84.7b | US$118.4b | US$823.4m | 10.3x | 102.9x | 0.7x |
| Sat, 31 Dec 2022 | US$68.2b | US$118.2b | US$832.3m | 9x | 82x | 0.6x |
| Mon, 28 Nov 2022 | US$70.3b | US$117.9b | US$500.3m | 9.4x | 140.4x | 0.6x |
| Wed, 26 Oct 2022 | US$64.6b | US$121.2b | US$1.7b | 7.4x | 37x | 0.5x |
| Fri, 23 Sep 2022 | US$72.6b | US$121.4b | US$1.7b | 7.5x | 42x | 0.6x |
| Sun, 21 Aug 2022 | US$82.2b | US$123.3b | US$2.1b | 8.8x | 38.4x | 0.7x |
| Tue, 19 Jul 2022 | US$78.2b | US$116.7b | US$2.7b | 8.8x | 29.2x | 0.7x |
| Thu, 16 Jun 2022 | US$76.8b | US$116.8b | US$2.7b | 8.6x | 28.7x | 0.7x |
| Sat, 14 May 2022 | US$84.1b | US$117.9b | US$2.9b | 9x | 28.8x | 0.7x |
| Mon, 11 Apr 2022 | US$94.5b | US$106.0b | US$2.5b | 11.4x | 37.5x | 0.9x |
| Wed, 09 Mar 2022 | US$94.2b | US$106.8b | US$2.8b | 11.8x | 33.5x | 0.9x |
| Fri, 04 Feb 2022 | US$113.7b | US$94.3b | US$2.5b | 16.2x | 46.3x | 1.2x |
| Sun, 02 Jan 2022 | US$129.6b | US$93.0b | US$2.4b | 18.4x | 54.9x | 1.4x |
| Tue, 30 Nov 2021 | US$123.7b | US$92.9b | US$2.4b | 16.5x | 52.4x | 1.3x |
| Thu, 28 Oct 2021 | US$120.7b | US$81.4b | US$2.5b | 24.3x | 49.1x | 1.5x |
| Sat, 25 Sep 2021 | US$112.2b | US$81.2b | US$2.5b | 23.5x | 45.7x | 1.4x |
| Mon, 23 Aug 2021 | US$104.0b | US$80.2b | US$2.4b | 20.1x | 43.8x | 1.3x |
| Sat, 10 Jul 2021 | US$133.6b | US$79.7b | US$2.4b | 20.2x | 55.1x | 1.7x |
Price to Earnings Ratio
115.1x
Current Industry PE
- Investors are optimistic on the American Real Estate Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 90.8x which is higher than its 3-year average PE of -85.9x.
- The 3-year average PS ratio of 0.98x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Real Estate Services industry have grown 2.4% 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 U.S. Real Estate Services compare with similar industries?
| US Market | 3.30% | |
| Real Estate | 2.15% | |
| Real Estate | 2.71% | |
| Real Estate Services | 2.80% | |
| Real Estate Development | 3.83% | |
| Real Estate Operating Companies | 2.63% | |
| Diversified Real Estate | -0.23% | |
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 | |
|---|---|---|---|---|---|
| BEKE KE Holdings | US$16.47 | 10.2% +US$1.8b | 2.4% | PE24.6x | |
| JLL Jones Lang LaSalle | US$191.09 | 5.9% +US$519.3m | 39.5% | PE30.2x | |
| EXPI eXp World Holdings | US$11.85 | 16.7% +US$263.2m | -11.4% | PS0.4x | |
| REAX Real Brokerage | US$4.98 | 24.8% +US$185.4m | 308.2% | PS1.2x | |
| OPEN Opendoor Technologies | US$2.12 | 6.0% +US$83.0m | 1.0% | PS0.3x |
