Australian (ASX) Real Estate Development Industry Analysis

Industry Valuation and Performance

Has the Australian Real Estate Development Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Mon, 03 Jun 2024	AU$2.7b	AU$931.4m	AU$157.1m	14.3x	17.5x	3x
Wed, 01 May 2024	AU$2.7b	AU$931.4m	AU$157.1m	15.5x	17.1x	2.9x
Fri, 29 Mar 2024	AU$3.0b	AU$931.4m	AU$157.1m	15.7x	19.3x	3.2x
Sun, 25 Feb 2024	AU$2.8b	AU$929.2m	AU$156.1m	15.5x	17.7x	3x
Tue, 23 Jan 2024	AU$3.1b	AU$1.2b	AU$199.0m	12.9x	15.5x	2.5x
Thu, 21 Dec 2023	AU$3.2b	AU$1.2b	AU$199.0m	12.8x	16.1x	2.6x
Sat, 18 Nov 2023	AU$3.1b	AU$1.2b	AU$198.5m	12.5x	15.5x	2.5x
Mon, 16 Oct 2023	AU$3.0b	AU$1.2b	AU$198.5m	11.9x	15.3x	2.4x
Wed, 13 Sep 2023	AU$3.2b	AU$1.2b	AU$198.5m	13.2x	16.2x	2.6x
Fri, 11 Aug 2023	AU$3.2b	AU$1.4b	AU$236.7m	13.3x	13.5x	2.4x
Sun, 09 Jul 2023	AU$3.1b	AU$1.4b	AU$236.7m	12.7x	13x	2.3x
Tue, 06 Jun 2023	AU$3.0b	AU$1.4b	AU$236.7m	12.4x	12.6x	2.2x
Thu, 04 May 2023	AU$3.1b	AU$1.4b	AU$237.8m	12.3x	13.1x	2.3x
Sat, 01 Apr 2023	AU$3.0b	AU$1.4b	AU$238.7m	11.3x	12.6x	2.2x
Mon, 27 Feb 2023	AU$3.2b	AU$1.4b	AU$238.9m	11.6x	13.6x	2.4x
Wed, 25 Jan 2023	AU$3.5b	AU$1.5b	AU$268.0m	10.2x	13x	2.3x
Fri, 23 Dec 2022	AU$3.4b	AU$1.5b	AU$268.0m	9.7x	12.7x	2.2x
Sun, 20 Nov 2022	AU$3.5b	AU$1.5b	AU$268.0m	9.7x	12.9x	2.2x
Tue, 18 Oct 2022	AU$3.1b	AU$1.5b	AU$268.0m	9x	11.6x	2x
Thu, 15 Sep 2022	AU$3.3b	AU$1.5b	AU$268.0m	10.3x	12.3x	2.1x
Sat, 13 Aug 2022	AU$3.3b	AU$1.3b	AU$235.2m	13.5x	14x	2.6x
Mon, 11 Jul 2022	AU$3.2b	AU$1.6b	AU$256.5m	12.7x	12.4x	2x
Wed, 08 Jun 2022	AU$3.1b	AU$1.6b	AU$278.4m	12.8x	11.2x	2x
Fri, 06 May 2022	AU$3.2b	AU$1.6b	AU$278.4m	13.6x	11.6x	2.1x
Sun, 03 Apr 2022	AU$3.6b	AU$1.6b	AU$277.4m	14.5x	13x	2.3x
Tue, 01 Mar 2022	AU$3.7b	AU$1.6b	AU$277.2m	13.3x	13.3x	2.3x
Thu, 27 Jan 2022	AU$3.7b	AU$1.4b	AU$209.4m	14x	17.8x	2.6x
Sat, 25 Dec 2021	AU$4.1b	AU$1.4b	AU$209.4m	14.6x	19.7x	2.9x
Mon, 22 Nov 2021	AU$4.2b	AU$1.4b	AU$206.1m	14.2x	20.2x	2.9x
Wed, 20 Oct 2021	AU$4.4b	AU$1.5b	AU$199.4m	14x	22.3x	3x
Fri, 17 Sep 2021	AU$4.2b	AU$1.5b	AU$199.4m	14.3x	21x	2.9x
Sun, 15 Aug 2021	AU$4.1b	AU$1.5b	AU$204.5m	16.5x	20.1x	2.8x
Thu, 10 Jun 2021	AU$3.7b	AU$1.4b	AU$129.2m	18.5x	28.3x	2.5x

Current Industry PE

Investors are optimistic on the Australian Real Estate Development industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 17.5x which is higher than its 3-year average PE of 15.3x.

The 3-year average PS ratio of 2.5x is lower than the industry's current PS ratio of 3.0x.

Past Earnings Growth

The earnings for companies in the Real Estate Development industry have grown 6.7% per year over the last three years.
Meanwhile revenues for these companies have declined 13% per year.
This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Comparison

How does Australian Real Estate Development compare with similar industries?


AU Market	-0.33%
Real Estate	0.044%
Real Estate	0.98%
Real Estate Development	1.03%
Real Estate Services	1.87%
Real Estate Operating Companies	1.03%
Diversified Real Estate	0.48%

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
CAQ CAQ Holdings	AU$0.06	100.0% +AU$21.5m	n/a	PS16.4x
FRI Finbar Group	AU$0.84	7.0% +AU$15.0m	32.0%	PE45.7x
CWP Cedar Woods Properties	AU$4.50	2.0% +AU$7.4m	-7.8%	PE14.7x
PPC Peet	AU$1.22	1.3% +AU$7.0m	4.3%	PE11.3x
MPX Mustera Property Group	AU$0.25	0% AU$500.0k	n/a	PS16.2x