These 4 Measures Indicate That PEXA Group (ASX:PXA) Is Using Debt Extensively
May 02
Australian (ASX) Real Estate Services Industry Analysis
UpdatedMay 06, 2024
DataAggregated Company Financials
Companies4
- 7D17.8%
- 3M18.7%
- 1Y5.4%
- YTDn/a
The Real Estate Services industry is up 18% in the last week, with PEXA Group up 19%. Meanwhile, Acumentis Group actually underperformed within the industry, shrinking 14% in the last week. This means that the industry has gained 5.4% over the past year. Earnings are forecast to grow by 63% annually.
Industry Valuation and Performance
Has the Australian Real Estate Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 06 May 2024 | AU$2.5b | AU$521.0m | -AU$22,647,000.00 | 8.6x | -112x | 4.9x |
| Wed, 03 Apr 2024 | AU$2.5b | AU$521.0m | -AU$22,647,000.00 | 9.8x | -109.2x | 4.7x |
| Fri, 01 Mar 2024 | AU$2.4b | AU$521.0m | -AU$22,647,000.00 | 7.9x | -105x | 4.6x |
| Sun, 28 Jan 2024 | AU$2.1b | AU$494.8m | -AU$19,535,000.00 | 22.6x | -108x | 4.3x |
| Tue, 26 Dec 2023 | AU$2.0b | AU$494.8m | -AU$19,535,000.00 | 23.1x | -103.3x | 4.1x |
| Thu, 23 Nov 2023 | AU$2.2b | AU$494.8m | -AU$19,535,000.00 | 23.7x | -110.7x | 4.4x |
| Sat, 21 Oct 2023 | AU$2.1b | AU$494.8m | -AU$19,535,000.00 | 20.3x | -107.6x | 4.2x |
| Mon, 18 Sep 2023 | AU$2.2b | AU$494.8m | -AU$19,535,000.00 | 22.3x | -112.7x | 4.5x |
| Wed, 16 Aug 2023 | AU$2.4b | AU$499.4m | AU$21.9m | 28.6x | 107.7x | 4.7x |
| Fri, 14 Jul 2023 | AU$2.5b | AU$498.9m | AU$20.7m | 78x | 118.9x | 4.9x |
| Sun, 11 Jun 2023 | AU$2.4b | AU$498.9m | AU$20.7m | 76.4x | 115.9x | 4.8x |
| Tue, 09 May 2023 | AU$2.4b | AU$501.1m | AU$22.9m | 9.4x | 106.7x | 4.9x |
| Thu, 06 Apr 2023 | AU$2.5b | AU$501.1m | AU$22.9m | 9.5x | 109.3x | 5x |
| Sat, 04 Mar 2023 | AU$2.1b | AU$501.1m | AU$22.9m | 9.3x | 93.7x | 4.3x |
| Mon, 30 Jan 2023 | AU$2.5b | AU$520.3m | AU$36.6m | 9.4x | 67.1x | 4.7x |
| Wed, 28 Dec 2022 | AU$2.3b | AU$520.3m | AU$36.6m | 9.3x | 62.9x | 4.4x |
| Fri, 25 Nov 2022 | AU$2.6b | AU$520.3m | AU$36.6m | 9.7x | 72.4x | 5.1x |
| Sun, 23 Oct 2022 | AU$2.5b | AU$520.3m | AU$36.6m | 11.7x | 69.2x | 4.9x |
| Tue, 20 Sep 2022 | AU$2.5b | AU$520.3m | AU$36.6m | 10.2x | 67.7x | 4.8x |
| Thu, 18 Aug 2022 | AU$2.8b | AU$500.3m | AU$6.1m | 3.9x | 458.4x | 5.6x |
| Sat, 16 Jul 2022 | AU$2.6b | AU$500.3m | AU$6.1m | 3.9x | 430.3x | 5.3x |
| Mon, 13 Jun 2022 | AU$2.4b | AU$500.3m | AU$6.1m | 3x | 398.1x | 4.9x |
| Wed, 11 May 2022 | AU$2.9b | AU$500.3m | AU$6.1m | 3.5x | 471.4x | 5.8x |
| Fri, 08 Apr 2022 | AU$3.3b | AU$500.3m | AU$6.1m | 4.6x | 536.6x | 6.6x |
| Sun, 06 Mar 2022 | AU$3.3b | AU$500.3m | AU$6.1m | 4.9x | 535.7x | 6.6x |
| Tue, 01 Feb 2022 | AU$3.4b | AU$445.8m | -AU$4,290,455.00 | 4.8x | -800.1x | 7.7x |
| Thu, 30 Dec 2021 | AU$3.6b | AU$445.8m | -AU$4,290,455.00 | 5.3x | -830.5x | 8x |
| Sat, 27 Nov 2021 | AU$3.3b | AU$445.8m | -AU$4,290,455.00 | 5.3x | -771.5x | 7.4x |
| Mon, 25 Oct 2021 | AU$3.0b | AU$445.8m | -AU$4,290,455.00 | 5.1x | -696.2x | 6.7x |
| Wed, 22 Sep 2021 | AU$2.8b | AU$445.2m | AU$7.3m | 8.1x | 388.2x | 6.4x |
| Fri, 20 Aug 2021 | AU$3.2b | AU$445.2m | AU$7.3m | 7.2x | 430.1x | 7.1x |
| Fri, 04 Jun 2021 | AU$144.9m | AU$210.8m | AU$12.2m | 8.3x | 11.9x | 0.7x |
Price to Earnings Ratio
11.9x
Current Industry PE
- Investors are relatively neutral on the Australian Real Estate Services 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 PS ratio of 5.1x.
Past Earnings Growth
- Total earnings for the Real Estate Services industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 35% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Australian Real Estate Services compare with similar industries?
| AU Market | 0.70% | |
| Real Estate | 3.06% | |
| Real Estate | 3.94% | |
| Real Estate Services | 17.78% | |
| Real Estate Development | 3.30% | |
| Real Estate Operating Companies | 1.36% | |
| Diversified Real Estate | -0.97% | |
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 | |
|---|---|---|---|---|---|
| PXA PEXA Group | AU$13.59 | 19.0% +AU$385.0m | 4.0% | PS8x | |
| MEA McGrath | AU$0.60 | 1.7% +AU$1.6m | 55.1% | PE8.1x |