Austrian (ATX) Real Estate Industry Analysis
UpdatedMar 16, 2023
DataAggregated Company Financials
Companies7
- 7D-3.7%
- 3M-4.1%
- 1Y-30.8%
- YTD-3.1%
Over the last 7 days, the Real Estate industry has dropped 3.7%, driven by declines in CA Immobilien Anlagen and IMMOFINANZ of 3.9% and 5.2%, respectively. Meanwhile, Stadlauer Malzfabrik actually outperformed within the industry, gaining 9.9% in the last week. The industry has fallen 31% in the last year. As for the next few years, earnings are forecast to decline by 26% per annum.
Industry Valuation and Performance
Has the Austrian Real Estate Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 17 Mar 2023 | €5.5b | €1.2b | €1.1b | 16.9x | 5.2x | 4.5x |
| Sun, 12 Feb 2023 | €5.8b | €1.2b | €1.1b | 18.6x | 5.5x | 4.8x |
| Tue, 10 Jan 2023 | €5.6b | €1.2b | €1.1b | 15.6x | 5.3x | 4.7x |
| Thu, 08 Dec 2022 | €6.0b | €1.2b | €1.1b | 17.5x | 5.6x | 5x |
| Sat, 05 Nov 2022 | €6.9b | €1.3b | €987.0m | 10.4x | 7x | 5.3x |
| Mon, 03 Oct 2022 | €6.7b | €1.3b | €990.9m | 10.4x | 6.8x | 5.2x |
| Wed, 31 Aug 2022 | €7.2b | €1.1b | €990.9m | 11x | 7.2x | 6.3x |
| Fri, 29 Jul 2022 | €7.1b | €1.3b | €1.1b | 7.9x | 6.2x | 5.7x |
| Sun, 26 Jun 2022 | €7.0b | €1.3b | €1.1b | 9x | 6.1x | 5.6x |
| Tue, 24 May 2022 | €8.2b | €1.3b | €1.1b | 9.2x | 7.5x | 6.3x |
| Thu, 21 Apr 2022 | €8.0b | €1.2b | €940.2m | 14x | 8.5x | 6.7x |
| Sat, 19 Mar 2022 | €9.4b | €1.4b | €759.3m | 11.7x | 12.3x | 6.7x |
| Mon, 14 Feb 2022 | €9.7b | €1.4b | €759.3m | 11.9x | 12.8x | 7x |
| Wed, 12 Jan 2022 | €9.5b | €1.4b | €759.3m | 11.8x | 12.5x | 6.8x |
| Fri, 10 Dec 2021 | €9.9b | €1.4b | €759.0m | 12x | 13x | 7.1x |
| Sun, 07 Nov 2021 | €10.0b | €1.4b | €722.3m | 12x | 13.8x | 7.3x |
| Tue, 05 Oct 2021 | €9.3b | €1.4b | €722.3m | 11.5x | 12.9x | 6.9x |
| Thu, 02 Sep 2021 | €9.5b | €1.4b | €720.6m | 14.4x | 13.2x | 7x |
| Sat, 31 Jul 2021 | €9.2b | €1.4b | €720.6m | 13.6x | 12.8x | 6.8x |
| Tue, 04 May 2021 | €8.8b | €1.3b | €270.4m | 16.6x | 32.7x | 6.8x |
| Fri, 05 Feb 2021 | €8.1b | €1.3b | €40.6m | 18.4x | 200.6x | 6.3x |
| Mon, 09 Nov 2020 | €5.5b | €1.5b | €390.8m | 14.1x | 14.2x | 3.7x |
| Sun, 02 Aug 2020 | €6.3b | €1.6b | €485.6m | 19x | 13x | 4x |
| Wed, 06 May 2020 | €7.0b | €1.6b | €979.3m | 7x | 7.1x | 4.3x |
Price to Earnings Ratio
7.3x
Current Industry PE
- Investors are pessimistic on the Austrian Real Estate 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 5.2x which is lower than its 3-year average PE of 27.5x.
- The 3-year average PS ratio of 5.7x is higher than the industry's current PS ratio of 4.6x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have grown 2.6% per year over the last three years.
- Meanwhile revenues for these companies have declined 9.2% per year.
- This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the Austrian Real Estate industry?
| AT Market | -7.72% | |
| Real Estate | -3.73% | |
| Real Estate | -3.73% | |
| Real Estate Development | 0% | |
| Real Estate Services | 0% | |
| Diversified Real Estate | -3.48% | |
| Real Estate Operating Companies | -3.74% | |
Industry PE
- Investors are most optimistic about the Diversified Real Estate industry which is trading above its 3-year average PE ratio of 9.4x.
- Analysts are expecting annual earnings growth of 40.1%, which is higher than its past year's earnings decline of 64.5% per year.
- Investors are most pessimistic about the Real Estate Operating Companies industry, which is trading below its 3-year average of 93.2x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Real Estate industry, expecting annual earnings growth of 40% over the next 5 years.
- This is better than its past earnings decline of 64% per year.
- In contrast, the Real Estate Operating Companies industry is expected to see its earnings decline by 29% 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 | |
|---|---|---|---|---|---|
| STM Stadlauer Malzfabrik | €61.00 | 9.9% +€3.1m | -11.6% | PB0.7x |