Should You Think About Buying Lifestyle Communities Limited (ASX:LIC) Now?
Mar 21
Australian (ASX) Real Estate Development Industry Analysis
UpdatedJun 05, 2023
DataAggregated Company Financials
Companies12
- 7D-1.9%
- 3M-1.9%
- 1Y-0.4%
- YTD-12.0%
Over the last 7 days, the Real Estate Development industry has dropped 1.9%, driven by Lifestyle Communities declining 6.7%. In contrast, Tian An Australia has gained 5.6%. Over the last year, the industry has been flat overall. Looking forward, earnings are forecast to grow by 15% 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 |
|---|---|---|---|---|---|---|
| Mon, 05 Jun 2023 | AU$3.0b | AU$1.4b | AU$236.7m | 12.6x | 12.7x | 2.2x |
| Wed, 03 May 2023 | AU$3.2b | AU$1.4b | AU$237.8m | 12.4x | 13.3x | 2.3x |
| Fri, 31 Mar 2023 | AU$3.0b | AU$1.4b | AU$238.7m | 11.2x | 12.4x | 2.2x |
| Sun, 26 Feb 2023 | AU$3.2b | AU$1.4b | AU$238.9m | 11.6x | 13.6x | 2.4x |
| Tue, 24 Jan 2023 | AU$3.4b | AU$1.5b | AU$268.0m | 9.9x | 12.8x | 2.2x |
| Thu, 22 Dec 2022 | AU$3.3b | AU$1.5b | AU$268.0m | 9.5x | 12.4x | 2.2x |
| Sat, 19 Nov 2022 | AU$3.5b | AU$1.5b | AU$268.0m | 9.7x | 12.9x | 2.2x |
| Mon, 17 Oct 2022 | AU$3.1b | AU$1.5b | AU$268.0m | 9x | 11.6x | 2x |
| Wed, 14 Sep 2022 | AU$3.3b | AU$1.5b | AU$268.0m | 10.3x | 12.4x | 2.1x |
| Fri, 12 Aug 2022 | AU$3.3b | AU$1.3b | AU$235.2m | 13.3x | 14.1x | 2.6x |
| Sun, 10 Jul 2022 | AU$3.2b | AU$1.6b | AU$256.5m | 12.7x | 12.4x | 2x |
| Tue, 07 Jun 2022 | AU$3.2b | AU$1.6b | AU$278.4m | 13x | 11.3x | 2x |
| Thu, 05 May 2022 | AU$3.2b | AU$1.6b | AU$278.4m | 13.6x | 11.6x | 2.1x |
| Sat, 02 Apr 2022 | AU$3.6b | AU$1.6b | AU$277.4m | 14.5x | 13x | 2.3x |
| Mon, 28 Feb 2022 | AU$3.7b | AU$1.6b | AU$277.2m | 13.5x | 13.2x | 2.3x |
| Wed, 26 Jan 2022 | AU$3.7b | AU$1.4b | AU$209.4m | 14x | 17.8x | 2.6x |
| Fri, 24 Dec 2021 | AU$4.1b | AU$1.4b | AU$209.4m | 14.5x | 19.6x | 2.9x |
| Sun, 21 Nov 2021 | AU$4.2b | AU$1.4b | AU$206.1m | 14.2x | 20.2x | 2.9x |
| Tue, 19 Oct 2021 | AU$4.5b | AU$1.5b | AU$199.4m | 14x | 22.3x | 3x |
| Thu, 16 Sep 2021 | AU$4.1b | AU$1.4b | AU$206.3m | 14.3x | 20.1x | 2.9x |
| Sat, 14 Aug 2021 | AU$4.1b | AU$1.5b | AU$204.5m | 16.5x | 20.1x | 2.8x |
| Wed, 09 Jun 2021 | AU$3.7b | AU$1.4b | AU$129.2m | 18.5x | 28.3x | 2.5x |
| Tue, 02 Mar 2021 | AU$3.6b | AU$1.4b | AU$42.1m | 25.9x | 85.9x | 2.6x |
| Fri, 04 Dec 2020 | AU$3.2b | AU$1.3b | AU$34.5m | 27.8x | 91.8x | 2.4x |
| Mon, 07 Sep 2020 | AU$2.7b | AU$1.2b | AU$36.5m | 23.3x | 72.8x | 2.1x |
Price to Earnings Ratio
70.2x
Current Industry PE
- Investors are pessimistic on the Australian Real Estate Development industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 12.7x which is lower than its 3-year average PE of 32.7x.
- The industry is trading close to its 3-year average PS ratio of 2.4x.
Past Earnings Growth
- The earnings for companies in the Real Estate Development industry have grown 86% per year over the last three years.
- Revenues for these companies have grown 3.2% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Australian Real Estate Development compare with similar industries?
| AU Market | -0.083% | |
| Real Estate | 0.50% | |
| Real Estate | 0.22% | |
| Real Estate Development | -1.91% | |
| Real Estate Services | 2.50% | |
| Real Estate Operating Companies | 0.70% | |
| Diversified Real Estate | 0.32% | |
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 | |
|---|---|---|---|---|---|
| TIA Tian An Australia | AU$0.28 | 5.6% +AU$1.3m | 14.0% | PS39.6x |