South African (JSE) Real Estate Operating Companies Industry Analysis
UpdatedMay 04, 2024
DataAggregated Company Financials
Companies9
- 7D-0.09%
- 3M10.9%
- 1Y26.0%
- YTDn/a
Over the last 7 days, the Real Estate Operating Companies industry has risen 1.9%, driven by gains in Fortress Real Estate Investments and NEPI Rockcastle of 3.4% and 1.2%, respectively. In the last 12 months, the industry was up 28%. In the next few years earnings are forecast to be pretty stable.
Industry Valuation and Performance
Has the South African Real Estate Operating Companies Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 04 May 2024 | R146.3b | R28.7b | R27.5b | 5.7x | 5.3x | 5.1x |
| Mon, 01 Apr 2024 | R152.1b | R29.1b | R28.0b | 5.6x | 5.4x | 5.2x |
| Wed, 28 Feb 2024 | R152.6b | R28.8b | R20.2b | 7.1x | 7.6x | 5.3x |
| Fri, 26 Jan 2024 | R130.0b | R27.1b | R21.0b | 7x | 6.2x | 4.8x |
| Sun, 24 Dec 2023 | R128.6b | R27.1b | R21.0b | 7x | 6.1x | 4.7x |
| Tue, 21 Nov 2023 | R114.7b | R26.7b | R20.4b | 6.6x | 5.6x | 4.3x |
| Thu, 19 Oct 2023 | R106.6b | R26.7b | R20.2b | 5.8x | 5.3x | 4x |
| Sat, 16 Sep 2023 | R110.6b | R26.8b | R20.4b | 6.1x | 5.4x | 4.1x |
| Mon, 14 Aug 2023 | R120.7b | R24.4b | R15.8b | 6.8x | 7.6x | 4.9x |
| Wed, 12 Jul 2023 | R116.3b | R24.1b | R15.6b | 7.2x | 7.5x | 4.8x |
| Fri, 09 Jun 2023 | R119.9b | R24.0b | R15.7b | 7.8x | 7.6x | 5x |
| Sun, 07 May 2023 | R118.6b | R24.6b | R16.1b | 5.2x | 7.4x | 4.8x |
| Tue, 04 Apr 2023 | R92.1b | R18.4b | R13.4b | 4.7x | 6.9x | 5x |
| Thu, 02 Mar 2023 | R98.0b | R17.6b | R13.3b | 4.9x | 7.3x | 5.6x |
| Sat, 28 Jan 2023 | R97.1b | R16.5b | R10.1b | 5.3x | 9.6x | 5.9x |
| Mon, 26 Dec 2022 | R95.4b | R16.0b | R9.8b | 5.4x | 9.7x | 6x |
| Wed, 23 Nov 2022 | R93.0b | R15.6b | R9.8b | 6.1x | 9.5x | 6x |
| Fri, 21 Oct 2022 | R82.8b | R15.6b | R9.6b | 6.4x | 8.7x | 5.3x |
| Sun, 18 Sep 2022 | R86.2b | R15.4b | R9.4b | 9.4x | 9.1x | 5.6x |
| Tue, 16 Aug 2022 | R79.5b | R12.8b | R7.1b | 9.1x | 11.2x | 6.2x |
| Thu, 14 Jul 2022 | R75.4b | R13.0b | R7.2b | 8.7x | 10.4x | 5.8x |
| Sat, 11 Jun 2022 | R77.0b | R12.5b | R5.6b | 11.6x | 13.8x | 6.2x |
| Mon, 09 May 2022 | R76.2b | R12.6b | R5.7b | 11.5x | 13.5x | 6.1x |
| Wed, 06 Apr 2022 | R91.3b | R14.7b | R4.5b | 12.5x | 20.4x | 6.2x |
| Fri, 04 Mar 2022 | R89.8b | R14.9b | R4.2b | 9.8x | 21.3x | 6x |
| Sun, 30 Jan 2022 | R91.8b | R14.9b | R2.9b | 9.4x | 31.3x | 6.2x |
| Tue, 28 Dec 2021 | R94.7b | R14.9b | R3.0b | 10.1x | 32x | 6.3x |
| Thu, 25 Nov 2021 | R92.0b | R15.1b | R2.4b | 17.2x | 38x | 6.1x |
| Sat, 23 Oct 2021 | R90.1b | R14.5b | R2.1b | 17.4x | 43.6x | 6.2x |
| Mon, 20 Sep 2021 | R92.3b | R14.5b | R2.1b | 19.2x | 44.3x | 6.4x |
| Wed, 18 Aug 2021 | R87.5b | R14.3b | R1.3b | 17.4x | 65.9x | 6.1x |
| Wed, 02 Jun 2021 | R85.6b | R14.8b | -R2,410,863,643.25 | 74.3x | -35.5x | 5.8x |
Price to Earnings Ratio
-35.5x
Current Industry PE
- Investors are pessimistic on the South African Real Estate Operating Companies 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 5.4x which is lower than its 3-year average PE of 16.0x.
- The industry is trading close to its 3-year average PS ratio of 5.5x.
Past Earnings Growth
- Total earnings for the Real Estate Operating Companies industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 25% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does South African Real Estate Operating Companies compare with similar industries?
| ZA Market | 1.90% | |
| Real Estate | 1.32% | |
| Real Estate | -0.08% | |
| Real Estate Operating Companies | -0.092% | |
| Real Estate Development | 3.22% | |
| Diversified Real Estate | 0% | |
| Real Estate Services | 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 | |
|---|---|---|---|---|---|
| FFB Fortress Real Estate Investments | R14.70 | 2.0% +R632.5m | 177.4% | PE5.3x | |
| MSP MAS | R16.50 | 2.4% +R268.3m | -21.3% | PE5.7x | |
| CPP Collins Property Group | R7.40 | 0.4% +R7.7m | 4.2% | PE3.9x | |
| PPR Putprop | R3.18 | 4.3% +R5.5m | -5.1% | PE10.6x | |
| VIS Visual International Holdings | R0.02 | 100.0% +R4.1m | 100.0% | PS3.8x |