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Brazilian (BOVESPA) Real Estate Sector Analysis

UpdatedDec 03, 2022
DataAggregated Company Financials
Companies72
  • 7D1.0%
  • 3M-8.0%
  • 1Y-2.8%
  • YTD-0.8%

Over the last 7 days, the Real Estate industry has remained flat, although notably Kinea Renda Imobili√°ria Fundo de Investimento Imobili√°rio gained 5.9%. In line with that, the industry has also been flat over the past 12 months. Looking forward, earnings are forecast to grow by 26% annually.

Sector Valuation and Performance

Has the Brazilian Real Estate Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 03 Dec 2022R$69.9bR$15.0bR$3.3b9.1x21.2x4.7x
Mon, 31 Oct 2022R$76.8bR$14.5bR$3.1b7.8x24.9x5.3x
Wed, 28 Sep 2022R$74.6bR$14.5bR$3.1b7.9x24.2x5.2x
Fri, 26 Aug 2022R$73.9bR$14.3bR$3.0b9.5x24.2x5.1x
Sun, 24 Jul 2022R$67.7bR$14.2bR$4.8b8.1x14.1x4.8x
Tue, 21 Jun 2022R$66.0bR$14.9bR$5.4b7.8x12.3x4.4x
Thu, 19 May 2022R$71.3bR$14.8bR$5.4b8.2x13.1x4.8x
Sat, 16 Apr 2022R$152.3bR$14.3bR$5.3b8.4x28.5x10.7x
Mon, 14 Mar 2022R$154.7bR$14.7bR$5.1b9.1x30.1x10.5x
Wed, 09 Feb 2022R$153.7bR$12.5bR$3.8b10x40.9x12.3x
Fri, 07 Jan 2022R$145.2bR$12.1bR$3.5b11.9x41.6x12x
Sun, 05 Dec 2021R$74.7bR$12.5bR$4.2b12.1x17.9x6x
Tue, 02 Nov 2021R$74.4bR$12.0bR$4.7b11.5x15.8x6.2x
Thu, 30 Sep 2021R$77.8bR$12.0bR$4.7b12.2x16.6x6.5x
Sat, 28 Aug 2021R$61.6bR$11.4bR$3.9b13.6x15.8x5.4x
Sun, 04 Jul 2021R$68.9bR$11.4bR$3.9b14.5x17.7x6x
Wed, 07 Apr 2021R$66.3bR$10.2bR$2.6b20.5x25.9x6.5x
Sat, 09 Jan 2021R$68.7bR$9.7bR$2.6b24.7x26.7x7.1x
Fri, 02 Oct 2020R$59.3bR$9.9bR$3.0b20.4x20x6x
Mon, 06 Jul 2020R$60.8bR$8.9bR$2.2b23.5x27.3x6.8x
Thu, 09 Apr 2020R$53.4bR$9.3bR$3.2b18.7x16.5x5.7x
Wed, 01 Jan 2020R$88.9bR$10.0bR$3.0b25.8x29.7x8.9x
Price to Earnings Ratio

31.7x


Total Market Cap: R$77.3bTotal Earnings: R$2.4bTotal Revenue: R$9.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Real Estate Sector Price to Earnings3Y Average 23.7x202020212022
Current Industry PE
  • Investors are pessimistic on the Brazilian Real Estate 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 21.2x which is lower than its 3-year average PE of 23.7x.
  • The 3-year average PS ratio of 7.0x is higher than the industry's current PS ratio of 4.7x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have grown 11% per year over the last three years.
  • Revenues for these companies have grown 17% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Brazilian Real Estate sector?

BR Market1.96%
Real Estate0.98%
Real Estate1.02%
REITS0.90%
Industry PE
  • Investors are most optimistic about the REITS industry which is trading above its 3-year average PE ratio of 43.8x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Real Estate industry, which is trading below its 3-year average of 20.4x.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 26% over the next 5 years.
  • However this is lower than its past earnings growth rate of 36% per year.
  • In contrast, the Real Estate industry is expected to see its earnings grow by 26% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
KNRI11 Kinea Renda Imobili√°ria Fundo de Investimento Imobili√°rioR$144.005.9%
+R$194.7m
11.4%n/a
IGTI3 IguatemiR$2.543.3%
+R$98.6m
-5.1%PB0.8x
BRPR3 BR PropertiesR$6.163.2%
+R$88.2m
-17.3%PB0.6x
SCAR3 S√£o Carlos Empreendimentos e Participa√ß√ĶesR$24.755.3%
+R$71.2m
-28.2%PB0.9x
LAVV3 Lavvi Empreendimentos Imobili√°riosR$5.405.9%
+R$58.6m
6.9%PB0.9x
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Latest News

BRPR3

R$6.16

BR Properties

7D

3.2%

1Y

-17.3%

IGTI3

R$2.54

Iguatemi

7D

3.3%

1Y

-5.1%

SYNE3

R$4.47

SYN prop e tech

7D

-1.5%

1Y

-68.2%

JHSF3

R$5.57

JHSF Participa√ß√Ķes

7D

1.1%

1Y

7.3%

JFEN3

R$0.69

Jo√£o Fortes Engenharia

7D

-8.0%

1Y

-31.7%