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Australian (ASX) Real Estate Industry Analysis

UpdatedNov 28, 2021
DataAggregated Company Financials
Companies26
  • 7D0.7%
  • 3M-5.0%
  • 1Y-9.6%
  • YTD-4.8%

Over the last 7 days, the Real Estate industry has remained flat, although notably Lendlease Group gained 3.4%. As for the longer term, the industry has declined 9.6% in the last year.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Sun, 28 Nov 2021AU$16.5bAU$12.3bAU$507.6m18.2x
Tue, 26 Oct 2021AU$16.6bAU$12.3bAU$500.7m17.7x
Thu, 23 Sep 2021AU$16.3bAU$12.3bAU$513.3m16x
Sat, 21 Aug 2021AU$17.1bAU$12.4bAU$518.4m16.7x
Sat, 05 Jun 2021AU$14.0bAU$12.3bAU$129.5m18.7x
Tue, 09 Mar 2021AU$14.6bAU$12.4b-AU$282,697,873.3719.7x
Mon, 30 Nov 2020AU$14.7bAU$13.2b-AU$265,923,371.1524.6x
Thu, 03 Sep 2020AU$12.2bAU$14.0b-AU$239,983,257.6423.3x
Sun, 07 Jun 2020AU$12.6bAU$15.9bAU$242.5m18.4x
Sat, 29 Feb 2020AU$14.8bAU$17.8bAU$736.7m16.5x
Tue, 03 Dec 2019AU$15.9bAU$17.8bAU$800.2m14.2x
Fri, 06 Sep 2019AU$14.2bAU$17.7bAU$858.7m13.2x
Mon, 10 Jun 2019AU$12.2bAU$17.2bAU$935.8m12.6x
Sun, 03 Mar 2019AU$11.1bAU$16.7bAU$1.0b12.3x
Wed, 05 Dec 2018AU$11.2bAU$17.8bAU$1.0b10.3x
PE Ratio

10.3x

Total Market Cap: AU$11.2bTotal Earnings: AU$1.0bTotal Revenue: AU$17.8b0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 17.0x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Real Estate industry have declined 21% per year over the last three years, and revenues have also declined 12% 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 industry?

Diversified Real Estate2.63%
Real Estate Operating Companies0.40%
Real Estate Services0.34%
Real Estate Development-2.61%

Industry PE: Investors are most optimistic about the Real Estate Operating Companies industry which is trading above its 3-year average PE ratio of 22.5x. This is likely because analysts are expecting annual earnings growth of 15%, which is higher than its past year's earnings decline of 21% per year. Meanwhile, investors are most pessimistic about the Real Estate Services industry, which is trading below its 3-year average of 15.3x.

Forecasted Growth: Analysts are most optimistic on the Real Estate Services industry, expecting annual earnings growth of 37% over the next 5 years. Meanwhile, the Real Estate Development industry is expected to see its earnings decline by 8.1% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
LLC Lendlease Group3.4%+AU$245.8m-23.9%PB1.1x
PXA PEXA Group0.7%+AU$23.1mn/aPB3.1x
SRV Servcorp1.7%+AU$6.8m25.8%PB2x
SDG Sunland Group1.1%+AU$4.0m31.2%PB1.2x
AXI Axiom Properties4.2%+AU$1.7m41.4%PB1.4x
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SRV

AU$4.24

Servcorp

7D

1.7%

1Y

25.8%

MEA

AU$0.60

McGrath

7D

-7.7%

1Y

31.9%

PPC

AU$1.08

Peet

7D

-2.3%

1Y

3.9%