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Brazilian (BOVESPA) Real Estate Industry Analysis

UpdatedFeb 24, 2024
DataAggregated Company Financials
  • 7D1.4%
  • 3M-1.8%
  • 1Y16.9%
  • YTD-7.1%

Over the last 7 days, the Real Estate industry has risen 1.4%, driven by gains from Allos of 2.2%. This takes the industry's 12 month performance to a gain of 17%. Looking forward, earnings are forecast to decline by 5.3% per year.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 24 Feb 2024R$46.2bR$13.3bR$5.7b10.2x8.1x3.5x
Mon, 22 Jan 2024R$54.7bR$14.7bR$6.1b11x8.9x3.7x
Wed, 20 Dec 2023R$56.9bR$27.9bR$6.1b11.5x9.3x2x
Fri, 17 Nov 2023R$54.1bR$28.4bR$6.2b10.5x8.7x1.9x
Sun, 15 Oct 2023R$51.6bR$14.6bR$6.2b8.8x8.3x3.5x
Tue, 12 Sep 2023R$52.8bR$14.6bR$6.2b10.5x8.5x3.6x
Thu, 10 Aug 2023R$56.9bR$13.8bR$6.0b12.3x9.4x4.1x
Sat, 08 Jul 2023R$57.7bR$13.8bR$4.3b11.4x13.5x4.2x
Mon, 05 Jun 2023R$52.7bR$13.7bR$4.3b10.5x12.3x3.8x
Wed, 03 May 2023R$48.1bR$13.1bR$1.3b9.9x35.7x3.7x
Fri, 31 Mar 2023R$49.3bR$12.1bR$1.2b8.7x41.1x4.1x
Sun, 26 Feb 2023R$43.8bR$14.7bR$3.0b7.5x14.7x3x
Tue, 24 Jan 2023R$43.5bR$14.7bR$3.0b7.8x14.4x3x
Thu, 22 Dec 2022R$42.3bR$14.7bR$3.0b7.1x14x2.9x
Sat, 19 Nov 2022R$44.1bR$14.6bR$2.9b6.7x15.1x3x
Mon, 17 Oct 2022R$50.9bR$14.1bR$2.8b7.8x18.2x3.6x
Wed, 14 Sep 2022R$50.6bR$14.1bR$2.8b8x18.1x3.6x
Fri, 12 Aug 2022R$50.2bR$14.1bR$4.2b6.2x11.9x3.6x
Sun, 10 Jul 2022R$46.7bR$13.9bR$4.5b6.6x10.4x3.4x
Tue, 07 Jun 2022R$49.4bR$13.8bR$4.5b7.4x11x3.6x
Thu, 05 May 2022R$51.7bR$13.4bR$4.6b10.3x11.2x3.8x
Sat, 02 Apr 2022R$54.1bR$13.3bR$4.1b9.4x13.2x4.1x
Mon, 28 Feb 2022R$55.1bR$11.8bR$3.1b15.9x18x4.7x
Wed, 26 Jan 2022R$53.0bR$11.7bR$3.1b15.6x16.8x4.5x
Fri, 24 Dec 2021R$51.1bR$11.7bR$3.1b14.6x16.2x4.4x
Sun, 21 Nov 2021R$54.6bR$11.7bR$3.2b15x17.3x4.7x
Tue, 19 Oct 2021R$57.7bR$11.1bR$3.7b15x15.7x5.2x
Thu, 16 Sep 2021R$55.9bR$11.1bR$3.7b15.3x15.3x5x
Sat, 14 Aug 2021R$62.5bR$11.2bR$3.7b15.6x17x5.6x
Wed, 09 Jun 2021R$68.7bR$10.0bR$2.3b24.3x29.5x6.9x
Tue, 02 Mar 2021R$56.0bR$9.6bR$2.3b24.2x24.1x5.9x
Price to Earnings Ratio


Total Market Cap: R$56.0bTotal Earnings: R$2.3bTotal Revenue: R$9.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Real Estate Industry Price to Earnings3Y Average 16.3x202220232024
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 8.1x which is lower than its 3-year average PE of 16.3x.
  • The 3-year average PS ratio of 4.1x is higher than the industry's current PS ratio of 3.5x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have grown 35% per year over the last three years.
  • Revenues for these companies have grown 12% 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 Market0.42%
Real Estate0.98%
Real Estate1.40%
Real Estate Development5.52%
Real Estate Services2.55%
Real Estate Operating Companies0.97%
Diversified Real Estate0%
Industry PE
  • Investors are most optimistic about the Real Estate Services industry which is trading above its 3-year average PE ratio.
    • 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 Operating Companies industry, which is trading below its 3-year average of 16.9x.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate Development industry, expecting annual earnings growth of 39% over the next 5 years.
  • This is better than its past earnings growth rate of 21% per year.
  • In contrast, the Real Estate Operating Companies industry is expected to see its earnings decline by 10% 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
ALOS3 AllosR$23.982.2%
MDNE3 Moura Dubeux EngenhariaR$12.2511.6%
MELK3 Melnick Desenvolvimento ImobiliárioR$4.807.9%
JHSF3 JHSF ParticipaçõesR$4.362.3%
LAND3 Terra Santa Propriedades AgrícolasR$15.923.6%
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