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Australian (ASX) Real Estate Development Industry Analysis

UpdatedApr 13, 2024
DataAggregated Company Financials
Companies8
  • 7D-0.4%
  • 3M-13.9%
  • 1Y-8.8%
  • YTDn/a

Over the last 7 days, the Real Estate Development industry has remained flat, although notably Finbar Group gained 11%. As for the longer term, the industry has declined 8.8% in the last year. As for the next few years, earnings are expected to grow by 20% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 14 Apr 2024AU$2.9bAU$931.4mAU$157.1m15x18.7x3.2x
Tue, 12 Mar 2024AU$3.0bAU$931.4mAU$157.1m15.7x19.4x3.3x
Thu, 08 Feb 2024AU$3.1bAU$986.5mAU$171.3m17.7x18.1x3.1x
Sat, 06 Jan 2024AU$3.1bAU$1.2bAU$199.0m12.8x15.8x2.5x
Mon, 04 Dec 2023AU$3.0bAU$1.2bAU$198.5m12.1x15.1x2.4x
Wed, 01 Nov 2023AU$2.8bAU$1.2bAU$198.5m11.5x14.2x2.3x
Fri, 29 Sep 2023AU$3.0bAU$1.2bAU$198.5m11.8x15.3x2.4x
Sun, 27 Aug 2023AU$3.1bAU$1.3bAU$204.9m13.5x15.2x2.5x
Tue, 25 Jul 2023AU$3.2bAU$1.4bAU$236.7m12.9x13.3x2.3x
Thu, 22 Jun 2023AU$3.0bAU$1.4bAU$236.7m12.5x12.6x2.2x
Sat, 20 May 2023AU$3.1bAU$1.4bAU$236.7m12.4x13.3x2.3x
Mon, 17 Apr 2023AU$3.2bAU$1.4bAU$238.7m12.1x13.2x2.3x
Wed, 15 Mar 2023AU$3.0bAU$1.4bAU$238.7m10.8x12.5x2.2x
Fri, 10 Feb 2023AU$3.3bAU$1.5bAU$268.0m10.4x12.5x2.2x
Sun, 08 Jan 2023AU$3.4bAU$1.5bAU$268.0m10.1x12.8x2.2x
Tue, 06 Dec 2022AU$3.5bAU$1.5bAU$268.0m10.2x12.9x2.2x
Thu, 03 Nov 2022AU$3.3bAU$1.5bAU$268.0m9.6x12.3x2.1x
Sat, 01 Oct 2022AU$3.0bAU$1.5bAU$268.0m9.3x11.2x1.9x
Mon, 29 Aug 2022AU$3.4bAU$1.3bAU$217.4m10.1x15.5x2.6x
Wed, 27 Jul 2022AU$3.3bAU$1.6bAU$256.5m13.2x12.8x2.1x
Fri, 24 Jun 2022AU$2.9bAU$1.6bAU$256.5m11.6x11.2x1.8x
Sun, 22 May 2022AU$3.1bAU$1.6bAU$278.4m12.5x11.3x2x
Tue, 19 Apr 2022AU$3.5bAU$1.6bAU$277.4m14.5x12.6x2.2x
Thu, 17 Mar 2022AU$3.6bAU$1.6bAU$277.4m13.8x13.1x2.3x
Sat, 12 Feb 2022AU$3.9bAU$1.4bAU$209.4m14x18.4x2.7x
Mon, 10 Jan 2022AU$4.1bAU$1.4bAU$209.4m14.4x19.4x2.9x
Wed, 08 Dec 2021AU$4.0bAU$1.4bAU$206.4m14x19.4x2.8x
Fri, 05 Nov 2021AU$4.3bAU$1.5bAU$199.4m14.4x21.8x3x
Sun, 03 Oct 2021AU$4.2bAU$1.5bAU$199.4m14.1x21.3x2.9x
Tue, 31 Aug 2021AU$4.2bAU$1.5bAU$204.5m16.2x20.5x2.8x
Wed, 07 Jul 2021AU$3.8bAU$1.5bAU$204.5m16.6x18.4x2.5x
Price to Earnings Ratio

28x


Total Market Cap: AU$3.6bTotal Earnings: AU$129.2mTotal Revenue: AU$1.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Real Estate Development Industry Price to Earnings3Y Average 15.9x202220232024
Current Industry PE
  • Investors are optimistic on the Australian Real Estate Development industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 18.7x which is higher than its 3-year average PE of 15.9x.
  • The 3-year average PS ratio of 2.5x is lower than the industry's current PS ratio of 3.2x.
Past Earnings Growth
  • The earnings for companies in the Real Estate Development industry have grown 6.7% per year over the last three years.
  • Meanwhile revenues for these companies have declined 13% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Comparison

How does Australian Real Estate Development compare with similar industries?

AU Market0.16%
Real Estate-2.05%
Real Estate0.29%
Real Estate Development-0.39%
Diversified Real Estate2.19%
Real Estate Operating Companies1.49%
Real Estate Services-3.53%
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?

CompanyLast Price7D1YValuation
FRI Finbar GroupAU$0.8011.2%
+AU$21.8m
30.3%PE43x
MPX Mustera Property GroupAU$0.250%
AU$500.0k
n/aPS16.2x
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Latest News

MPX

AU$0.25

Mustera Property Group

7D

0%

1Y

n/a

CWP

AU$4.59

Cedar Woods Properties

7D

-1.7%

1Y

-3.8%

PPC

AU$1.18

Peet

7D

-0.8%

1Y

3.5%

LIC

AU$14.33

Lifestyle Communities

7D

-1.2%

1Y

-15.7%

SDG

AU$0.073

Sunland Group

7D

-9.9%

1Y

-97.0%