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Australian (ASX) Real Estate Sector Analysis
UpdatedNov 27, 2021
DataAggregated Company Financials
Companies70
- 7D0.7%
- 3M3.7%
- 1Y14.5%
- YTD14.8%
Over the last 7 days, the Real Estate industry has remained flat, although notably GPT Group gained 3.7%. The past year has been better, since the industry has gained 14% in that time.
Sector Valuation and Performance
Has the Australian Real Estate Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sat, 27 Nov 2021 | AU$190.0b | AU$32.1b | AU$13.0b | 10.4x |
| Mon, 25 Oct 2021 | AU$186.3b | AU$32.2b | AU$12.9b | 10.5x |
| Wed, 22 Sep 2021 | AU$183.0b | AU$32.2b | AU$12.6b | 11.8x |
| Fri, 20 Aug 2021 | AU$177.9b | AU$32.2b | AU$12.6b | 12.6x |
| Fri, 04 Jun 2021 | AU$162.2b | AU$31.1b | AU$5.3b | 17.2x |
| Mon, 08 Mar 2021 | AU$147.2b | AU$30.3b | -AU$2,099,010,667.37 | 17.8x |
| Thu, 10 Dec 2020 | AU$157.4b | AU$31.3b | -AU$1,163,537,735.15 | 20.1x |
| Wed, 02 Sep 2020 | AU$140.0b | AU$32.3b | -AU$229,936,193.64 | 22x |
| Sat, 06 Jun 2020 | AU$130.4b | AU$34.5b | AU$5.0b | 16.7x |
| Tue, 10 Mar 2020 | AU$160.8b | AU$36.8b | AU$10.4b | 15.9x |
| Mon, 02 Dec 2019 | AU$167.3b | AU$36.3b | AU$10.3b | 15x |
| Thu, 05 Sep 2019 | AU$162.8b | AU$35.8b | AU$10.3b | 14.7x |
| Sun, 09 Jun 2019 | AU$149.1b | AU$35.5b | AU$11.6b | 13.8x |
| Sat, 02 Mar 2019 | AU$138.5b | AU$35.1b | AU$12.9b | 12.8x |
| Tue, 04 Dec 2018 | AU$128.3b | AU$35.8b | AU$14.2b | 10.4x |
PE Ratio
10.4x
Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 10.4x which is lower than its 3-year average PE of 15.4x. It appears they believe that earnings will not grow as fast as they have historically.
Past Earnings Growth: The earnings for companies in the Real Estate industry have declined 3.0% per year over the last three years, and revenues have also declined 3.5% per year. This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Australian Real Estate sector?
| REITS | 0.75% | |
| Real Estate | 0.74% | |
Industry PE: Investors are most optimistic about the Real Estate industry, which is trading close to its 3-year average PE ratio of 17.0x. However analysts are expecting annual earnings growth of 24%, which is lower than the prior year's growth of 84% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the REITS industry, which is trading below its 3-year average of 14.6x.
Forecasted Growth: Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 24% over the next 5 years. However this is lower than its past earnings growth rate of 84% per year. Meanwhile, the REITS industry is expected to see its earnings growth to stay flat over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| GPT GPT Group | 3.7%+AU$364.0m | 13.1% | PB0.9x | |
| MGR Mirvac Group | 3.2%+AU$354.9m | 11.1% | PB1.1x | |
| LLC Lendlease Group | 3.4%+AU$245.8m | -23.9% | PB1.1x | |
| SGP Stockland | 1.4%+AU$143.0m | -3.9% | PB1.1x | |
| VCX Vicinity Centres | 1.7%+AU$136.6m | 6.6% | PB0.8x |