Australian (ASX) Real Estate Development Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies7
- 7D-7.5%
- 3M-6.9%
- 1Y-26.9%
- YTDn/a
Over the last 7 days, the Real Estate Development industry has dropped 6.8%, driven by a pullback from Lifestyle Communities of 15%. Overall the industry is down 25% in 12 months. Looking forward, earnings are forecast to grow by 22% annually.
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 |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | AU$2.4b | AU$928.0m | AU$157.9m | 14.8x | 15.4x | 2.6x |
| Sun, 23 Jun 2024 | AU$2.7b | AU$931.4m | AU$157.1m | 15x | 17.5x | 3x |
| Tue, 21 May 2024 | AU$2.8b | AU$931.4m | AU$157.1m | 15x | 17.7x | 3x |
| Thu, 18 Apr 2024 | AU$2.9b | AU$931.4m | AU$157.1m | 14.8x | 18.5x | 3.1x |
| Sat, 16 Mar 2024 | AU$3.0b | AU$931.4m | AU$157.1m | 15.7x | 19.3x | 3.3x |
| Mon, 12 Feb 2024 | AU$3.1b | AU$986.5m | AU$171.3m | 17.8x | 18.1x | 3.1x |
| Wed, 10 Jan 2024 | AU$3.1b | AU$1.2b | AU$199.0m | 12.7x | 15.5x | 2.5x |
| Fri, 08 Dec 2023 | AU$3.0b | AU$1.2b | AU$198.5m | 12.6x | 15.2x | 2.4x |
| Sun, 05 Nov 2023 | AU$3.0b | AU$1.2b | AU$198.5m | 12x | 14.9x | 2.4x |
| Tue, 03 Oct 2023 | AU$3.0b | AU$1.2b | AU$198.5m | 11.9x | 15.2x | 2.4x |
| Thu, 31 Aug 2023 | AU$3.2b | AU$1.3b | AU$204.9m | 13.7x | 15.8x | 2.6x |
| Sat, 29 Jul 2023 | AU$3.2b | AU$1.4b | AU$236.7m | 13x | 13.7x | 2.4x |
| Mon, 26 Jun 2023 | AU$2.9b | AU$1.4b | AU$236.7m | 12.4x | 12.3x | 2.1x |
| Wed, 24 May 2023 | AU$3.1b | AU$1.4b | AU$236.7m | 12.6x | 13.1x | 2.3x |
| Fri, 21 Apr 2023 | AU$3.2b | AU$1.4b | AU$238.7m | 12.3x | 13.2x | 2.3x |
| Sun, 19 Mar 2023 | AU$45.3m | AU$4.0m | -AU$2,246,758.00 | n/a | -20.2x | 11.3x |
| Tue, 14 Feb 2023 | AU$3.3b | AU$1.5b | AU$268.0m | 10.3x | 12.3x | 2.1x |
| Thu, 12 Jan 2023 | AU$3.5b | AU$1.5b | AU$268.0m | 10x | 13x | 2.3x |
| Sat, 10 Dec 2022 | AU$3.4b | AU$1.5b | AU$268.0m | 9.7x | 12.6x | 2.2x |
| Mon, 07 Nov 2022 | AU$3.2b | AU$1.5b | AU$268.0m | 9.4x | 12x | 2.1x |
| Wed, 05 Oct 2022 | AU$3.1b | AU$1.5b | AU$268.0m | 9.7x | 11.7x | 2x |
| Fri, 02 Sep 2022 | AU$3.3b | AU$1.5b | AU$266.5m | 9.8x | 12.3x | 2.1x |
| Sun, 31 Jul 2022 | AU$3.4b | AU$1.6b | AU$256.5m | 13.4x | 13.4x | 2.2x |
| Tue, 28 Jun 2022 | AU$3.1b | AU$1.6b | AU$256.5m | 12.1x | 12x | 2x |
| Thu, 26 May 2022 | AU$3.2b | AU$1.6b | AU$278.4m | 13.4x | 11.4x | 2x |
| Sat, 23 Apr 2022 | AU$3.5b | AU$1.6b | AU$277.4m | 13.9x | 12.6x | 2.2x |
| Mon, 21 Mar 2022 | AU$3.7b | AU$1.6b | AU$277.4m | 13.5x | 13.4x | 2.4x |
| Wed, 16 Feb 2022 | AU$3.8b | AU$1.4b | AU$209.4m | 13.9x | 18.1x | 2.7x |
| Fri, 14 Jan 2022 | AU$3.9b | AU$1.4b | AU$209.4m | 14.4x | 18.7x | 2.8x |
| Sun, 12 Dec 2021 | AU$4.2b | AU$1.4b | AU$206.4m | 14.5x | 20.3x | 3x |
| Tue, 09 Nov 2021 | AU$4.3b | AU$1.4b | AU$206.0m | 14.4x | 20.7x | 3x |
| Thu, 07 Oct 2021 | AU$4.3b | AU$1.5b | AU$199.4m | 14.2x | 21.5x | 2.9x |
| Sat, 04 Sep 2021 | AU$4.4b | AU$1.5b | AU$204.5m | 15.8x | 21.6x | 3x |
| Mon, 02 Aug 2021 | AU$3.9b | AU$1.5b | AU$204.5m | 16.6x | 19.3x | 2.6x |
Price to Earnings Ratio
19.3x
Current Industry PE
- Investors are relatively neutral on the Australian Real Estate Development industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 15.3x.
- The industry is trading close to its 3-year average PS ratio of 2.5x.
Past Earnings Growth
- The earnings for companies in the Real Estate Development industry have declined 8.3% per year over the last three years,
- Revenues have also declined 15% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Australian Real Estate Development compare with similar industries?
| AU Market | -2.20% | |
| Real Estate | -4.68% | |
| Real Estate | -3.87% | |
| Real Estate Development | -7.55% | |
| Real Estate Operating Companies | 0.54% | |
| Real Estate Services | -2.70% | |
| Diversified Real Estate | -3.14% | |
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 | |
|---|---|---|---|---|---|
| FRI Finbar Group | AU$0.88 | 4.8% +AU$10.9m | 29.4% | PE47.6x | |
| CWP Cedar Woods Properties | AU$4.88 | 0.6% +AU$2.5m | -5.1% | PE16x | |
| PPC Peet | AU$1.25 | 0.4% +AU$2.3m | 3.8% | PE11.6x | |
| MPX Mustera Property Group | AU$0.25 | 0% AU$500.0k | n/a | PS16.2x |