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Jul 05
Brazilian (BOVESPA) Real Estate Development Industry Analysis
UpdatedJul 24, 2024
DataAggregated Company Financials
Companies6
- 7D-3.0%
- 3M1.0%
- 1Y-7.7%
- YTDn/a
Over the last 7 days, the Real Estate Development industry has dropped 3.0%, and Moura Dubeux Engenharia contributed the most with a 3.3% decline. Meanwhile, João Fortes Engenharia actually outperformed within the industry, gaining 48% in the last week. However, the industry is down 7.7% over the past year. Earnings are forecast to grow by 25% annually.
Industry Valuation and Performance
Has the Brazilian Real Estate Development Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 24 Jul 2024 | R$4.4b | R$5.7b | R$669.0m | 6.4x | 6.5x | 0.8x |
| Fri, 21 Jun 2024 | R$3.8b | R$5.7b | R$669.0m | 5.3x | 5.7x | 0.7x |
| Sun, 19 May 2024 | R$4.4b | R$5.7b | R$669.0m | 6.3x | 6.6x | 0.8x |
| Tue, 16 Apr 2024 | R$4.5b | R$5.4b | R$619.7m | 6.9x | 7.2x | 0.8x |
| Thu, 14 Mar 2024 | R$4.8b | R$5.0b | R$545.6m | 8x | 8.9x | 1x |
| Sat, 10 Feb 2024 | R$4.3b | R$4.9b | R$489.9m | 8.6x | 8.7x | 0.9x |
| Mon, 08 Jan 2024 | R$4.5b | R$4.9b | R$489.9m | 9.1x | 9.3x | 0.9x |
| Wed, 06 Dec 2023 | R$4.2b | R$4.9b | R$489.9m | 8.4x | 8.6x | 0.9x |
| Fri, 03 Nov 2023 | R$3.7b | R$4.7b | R$487.6m | 7.7x | 7.6x | 0.8x |
| Sun, 01 Oct 2023 | R$4.1b | R$4.7b | R$487.6m | 8.4x | 8.4x | 0.9x |
| Tue, 29 Aug 2023 | R$4.6b | R$4.7b | R$487.6m | 9.8x | 9.4x | 1x |
| Thu, 27 Jul 2023 | R$4.7b | R$4.4b | R$401.1m | 11.6x | 11.8x | 1.1x |
| Sat, 24 Jun 2023 | R$4.1b | R$4.4b | R$401.1m | 10.2x | 10.1x | 0.9x |
| Mon, 22 May 2023 | R$3.3b | R$4.3b | R$405.3m | 8.7x | 8.2x | 0.8x |
| Wed, 19 Apr 2023 | R$2.9b | R$4.1b | R$383.6m | 8.3x | 7.7x | 0.7x |
| Fri, 17 Mar 2023 | R$2.8b | R$3.9b | R$414.1m | 5.8x | 6.7x | 0.7x |
| Sun, 12 Feb 2023 | R$2.8b | R$3.8b | R$410.3m | 5.4x | 6.8x | 0.7x |
| Tue, 10 Jan 2023 | R$2.9b | R$3.8b | R$410.3m | 5.8x | 7x | 0.7x |
| Thu, 08 Dec 2022 | R$2.9b | R$3.8b | R$410.3m | 6.2x | 7.1x | 0.8x |
| Sat, 05 Nov 2022 | R$3.9b | R$3.7b | R$415.1m | 8x | 9.4x | 1.1x |
| Mon, 03 Oct 2022 | R$3.6b | R$3.7b | R$415.1m | 8.2x | 8.7x | 1x |
| Wed, 31 Aug 2022 | R$3.6b | R$3.6b | R$396.5m | 9.4x | 9.1x | 1x |
| Fri, 29 Jul 2022 | R$3.0b | R$3.6b | R$482.1m | 5.1x | 6.2x | 0.8x |
| Sun, 26 Jun 2022 | R$3.0b | R$3.6b | R$482.1m | 5.1x | 6.1x | 0.8x |
| Tue, 24 May 2022 | R$3.4b | R$3.5b | R$455.2m | 6x | 7.5x | 1x |
| Thu, 21 Apr 2022 | R$3.6b | R$3.5b | R$461.9m | 6.8x | 7.8x | 1x |
| Sat, 19 Mar 2022 | R$3.4b | R$3.5b | R$426.9m | 6.2x | 7.9x | 1x |
| Mon, 14 Feb 2022 | R$3.7b | R$3.6b | R$459.9m | 7x | 8x | 1x |
| Wed, 12 Jan 2022 | R$3.4b | R$3.6b | R$459.9m | 5.2x | 7.4x | 0.9x |
| Fri, 10 Dec 2021 | R$3.9b | R$3.6b | R$459.9m | 6.1x | 8.4x | 1.1x |
| Sun, 07 Nov 2021 | R$3.9b | R$3.5b | R$421.6m | 7.9x | 9.2x | 1.1x |
| Tue, 05 Oct 2021 | R$4.4b | R$3.5b | R$421.6m | 12.5x | 10.4x | 1.2x |
| Thu, 02 Sep 2021 | R$4.0b | R$3.5b | R$421.6m | 14.5x | 9.5x | 1.1x |
| Sat, 31 Jul 2021 | R$5.7b | R$3.5b | R$421.6m | 11.9x | 13.6x | 1.6x |
Price to Earnings Ratio
13.6x
Current Industry PE
- Investors are pessimistic on the Brazilian 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 6.5x which is lower than its 3-year average PE of 8.3x.
- The industry is trading close to its 3-year average PS ratio of 0.93x.
Past Earnings Growth
- The earnings for companies in the Real Estate Development industry have grown 17% 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 Comparison
How does Brazilian Real Estate Development compare with similar industries?
| BR Market | -2.16% | |
| Real Estate | -1.15% | |
| Real Estate | -1.86% | |
| Real Estate Development | -3.04% | |
| Diversified Real Estate | 0% | |
| Real Estate Operating Companies | -1.71% | |
| Real Estate Services | -4.62% | |
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 | |
|---|---|---|---|---|---|
| JFEN3 João Fortes Engenharia | R$0.34 | 47.8% +R$27.1m | -90.1% | PS1.4x | |
| FIEI3 Fica Empreendimentos Imobiliarios | R$12.00 | 9.1% +R$2.4m | -20.0% | PS10.3x |