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Brazilian (BOVESPA) Real Estate Industry Analysis

UpdatedJan 30, 2023
DataAggregated Company Financials
Companies19
  • 7D-0.6%
  • 3M-27.4%
  • 1Y-60.1%
  • YTD-2.7%

The Real Estate industry is up 4.4% in the last week, with Multiplan Empreendimentos ImobiliƔrios up 3.9%. However, the industry is down 15% over the past year. As for the next few years, earnings are expected to grow by 25% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 30 Jan 2023R$69.8bR$14.7bR$3.0b7.9x23.2x4.8x
Wed, 28 Dec 2022R$42.1bR$14.7bR$3.0b7.3x14x2.9x
Fri, 25 Nov 2022R$45.0bR$14.7bR$3.0b8.1x14.9x3.1x
Sun, 23 Oct 2022R$52.3bR$14.1bR$2.8b7.6x18.7x3.7x
Tue, 20 Sep 2022R$50.7bR$14.1bR$2.8b7.8x18.1x3.6x
Thu, 18 Aug 2022R$51.4bR$14.0bR$2.8b8.6x18.6x3.7x
Sat, 16 Jul 2022R$45.8bR$13.9bR$4.5b6.6x10.1x3.3x
Mon, 13 Jun 2022R$47.2bR$13.9bR$4.5b6.7x10.5x3.4x
Wed, 11 May 2022R$49.2bR$13.5bR$4.6b9.1x10.7x3.6x
Fri, 08 Apr 2022R$52.5bR$12.3bR$4.5b9.4x11.7x4.3x
Sun, 06 Mar 2022R$53.2bR$13.8bR$4.4b12.7x12.1x3.9x
Tue, 01 Feb 2022R$55.9bR$11.7bR$3.1b16.4x17.7x4.8x
Thu, 30 Dec 2021R$51.6bR$11.7bR$3.1b14.6x16.4x4.4x
Sat, 27 Nov 2021R$52.0bR$11.7bR$3.1b14.6x16.5x4.5x
Mon, 25 Oct 2021R$50.1bR$11.1bR$3.7b12.8x13.7x4.5x
Wed, 22 Sep 2021R$57.4bR$11.1bR$3.7b17x15.7x5.2x
Fri, 20 Aug 2021R$60.5bR$11.2bR$3.7b15x16.5x5.4x
Fri, 04 Jun 2021R$68.7bR$10.0bR$2.3b24.3x29.5x6.9x
Mon, 08 Mar 2021R$56.0bR$9.6bR$2.3b24.2x24.1x5.9x
Thu, 10 Dec 2020R$63.7bR$9.7bR$2.7b25.7x23.6x6.6x
Wed, 02 Sep 2020R$56.9bR$8.7bR$2.0b31.4x28.9x6.6x
Sat, 06 Jun 2020R$52.6bR$9.1bR$3.0b21.5x17.8x5.8x
Tue, 10 Mar 2020R$80.9bR$8.7bR$2.8b30.2x28.5x9.3x
Price to Earnings Ratio

31.7x


Total Market Cap: R$89.0bTotal Earnings: R$2.8bTotal Revenue: R$8.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Real Estate Industry Price to Earnings3Y Average 19.8x202120222023
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 15.3x which is lower than its 3-year average PE of 19.8x.
  • The 3-year average PS ratio of 5.3x is higher than the industry's current PS ratio of 3.1x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have grown 2.4% per year over the last three years.
  • Revenues for these companies have grown 20% 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 industry?

BR Market0.53%
Real Estate-0.50%
Real Estate-0.59%
Real Estate Operating Companies3.22%
Real Estate Development0.81%
Diversified Real Estate0%
Real Estate Services-6.25%
Industry PE
  • Investors are most optimistic about the Real Estate Operating Companies industry even though it's trading below its 3-year average PE ratio of 18.3x.
    • Analysts are expecting annual earnings growth of 23.1%, which is lower than the prior year's growth of 75.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate Development industry, expecting annual earnings growth of 44% over the next 5 years.
  • This is better than its past earnings growth rate of 3.2% per year.
  • In contrast, the Real Estate Operating Companies industry is expected to see its earnings grow by 23% 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
NEXP3 Nexpe ParticipaƧƵesR$12.65-12.8%
R$25.4b
-81.9%PB1253.5x
MULT3 Multiplan Empreendimentos ImobiliƔriosR$23.103.8%
+R$497.9m
7.4%PB2.1x
JHSF3 JHSF ParticipaƧƵesR$5.014.6%
+R$146.1m
-22.1%PB0.7x
LAND3 Terra Santa Propriedades AgrĆ­colasR$30.803.9%
+R$110.7m
56.4%n/a
ALSO3 Aliansce Sonae Shopping CentersR$17.772.1%
+R$98.3m
-21.6%PB0.7x
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ALSO3

R$17.77

Aliansce Sonae Shopping Centers

7D

2.1%

1Y

-21.6%

MULT3

R$23.10

Multiplan Empreendimentos ImobiliƔrios

7D

3.8%

1Y

7.4%

LOGG3

R$16.80

LOG Commercial Properties e ParticipaƧƵes

7D

-0.4%

1Y

-40.6%

SYNE3

R$4.09

SYN prop e tech

7D

-3.3%

1Y

-43.5%

JHSF3

R$5.01

JHSF ParticipaƧƵes

7D

4.6%

1Y

-22.1%

GSHP3

R$18.00

General Shopping e Outlets do Brasil

7D

-7.6%

1Y

-41.0%

BRPR3

R$6.09

BR Properties

7D

-2.1%

1Y

-15.9%

IGTI3

R$2.69

Iguatemi

7D

2.7%

1Y

-20.2%

JFEN3

R$0.67

JoĆ£o Fortes Engenharia

7D

-2.9%

1Y

-46.4%

IGBR3

R$40.11

IGB Eletronica

7D

-4.8%

1Y

-18.5%