Increases to Cedar Woods Properties Limited's (ASX:CWP) CEO Compensation Might Cool off for now
Despite positive share price growth of 27% for Cedar Woods Properties Limited ( ASX:CWP ) over the last few years...
Has the Australian Real Estate Industry valuation changed over the past few years?
|Sun, 28 Nov 2021||AU$16.5b||AU$12.3b||AU$507.6m||18.2x|
|Tue, 26 Oct 2021||AU$16.6b||AU$12.3b||AU$500.7m||17.7x|
|Thu, 23 Sep 2021||AU$16.3b||AU$12.3b||AU$513.3m||16x|
|Sat, 21 Aug 2021||AU$17.1b||AU$12.4b||AU$518.4m||16.7x|
|Sat, 05 Jun 2021||AU$14.0b||AU$12.3b||AU$129.5m||18.7x|
|Tue, 09 Mar 2021||AU$14.6b||AU$12.4b||-AU$282,697,873.37||19.7x|
|Mon, 30 Nov 2020||AU$14.7b||AU$13.2b||-AU$265,923,371.15||24.6x|
|Thu, 03 Sep 2020||AU$12.2b||AU$14.0b||-AU$239,983,257.64||23.3x|
|Sun, 07 Jun 2020||AU$12.6b||AU$15.9b||AU$242.5m||18.4x|
|Sat, 29 Feb 2020||AU$14.8b||AU$17.8b||AU$736.7m||16.5x|
|Tue, 03 Dec 2019||AU$15.9b||AU$17.8b||AU$800.2m||14.2x|
|Fri, 06 Sep 2019||AU$14.2b||AU$17.7b||AU$858.7m||13.2x|
|Mon, 10 Jun 2019||AU$12.2b||AU$17.2b||AU$935.8m||12.6x|
|Sun, 03 Mar 2019||AU$11.1b||AU$16.7b||AU$1.0b||12.3x|
|Wed, 05 Dec 2018||AU$11.2b||AU$17.8b||AU$1.0b||10.3x|
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.
Which industries have driven the changes within the Australian Real Estate industry?
|Diversified Real Estate||2.63%|
|Real Estate Operating Companies||0.40%|
|Real Estate Services||0.34%|
|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.
Which companies have driven the market over the last 7 days?
Cedar Woods Properties
Agency Group Australia
Eureka Group Holdings
United Overseas Australia