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German (DAX) Real Estate Industry Analysis

UpdatedJul 26, 2024
DataAggregated Company Financials
Companies55
  • 7D-0.7%
  • 3M4.5%
  • 1Y6.3%
  • YTD-4.0%

In the last week, the Real Estate industry is flat overall, with Aroundtown standing out by going down 8.4%. As for the the longer term, the industry is up 6.3% over the past 12 months. Earnings are forecast to grow by 95% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Jul 2024€65.6b€16.9b-€11,645,703,611.7624.4x-5.6x3.9x
Sun, 23 Jun 2024€62.8b€17.0b-€11,639,928,278.6727.3x-5.4x3.7x
Tue, 21 May 2024€67.1b€17.1b-€11,696,123,727.0026.3x-5.7x3.9x
Thu, 18 Apr 2024€62.8b€17.3b-€16,611,651,119.0028.7x-3.8x3.6x
Sat, 16 Mar 2024€62.3b€17.6b-€15,965,065,650.0030.9x-3.9x3.5x
Mon, 12 Feb 2024€65.2b€17.7b-€16,135,062,632.0026.6x-4x3.7x
Wed, 10 Jan 2024€74.1b€18.5b-€17,589,970,916.0030.9x-4.2x4x
Fri, 08 Dec 2023€73.4b€19.0b-€16,816,800,210.0015.2x-4.4x3.9x
Sun, 05 Nov 2023€71.1b€19.3b-€16,377,982,511.0010.2x-4.3x3.7x
Tue, 03 Oct 2023€69.1b€19.4b-€16,454,153,304.0011.2x-4.2x3.6x
Thu, 31 Aug 2023€68.1b€19.7b-€14,426,590,028.0014.6x-4.7x3.5x
Sat, 29 Jul 2023€68.8b€20.6b-€3,961,409,605.0017.2x-17.4x3.3x
Mon, 26 Jun 2023€63.6b€20.6b-€3,712,167,920.0017.7x-17.1x3.1x
Wed, 24 May 2023€64.1b€21.1b-€3,230,660,957.0016.5x-19.9x3x
Fri, 21 Apr 2023€60.7b€24.9b-€2,229,320,080.0017.1x-27.2x2.4x
Sun, 19 Mar 2023€14.3b€1.3b€1.0b14.2x13.9x11.1x
Tue, 14 Feb 2023€73.8b€25.5b€6.4b13.8x11.6x2.9x
Thu, 12 Jan 2023€74.9b€25.4b€6.4b14x11.8x2.9x
Sat, 10 Dec 2022€68.7b€25.5b€6.4b12.9x10.7x2.7x
Mon, 07 Nov 2022€67.8b€25.5b€6.4b12.8x10.6x2.7x
Wed, 05 Oct 2022€65.6b€24.6b€7.2b11.8x9.2x2.7x
Fri, 02 Sep 2022€73.0b€24.4b€6.9b13.7x10.5x3x
Sun, 31 Jul 2022€80.4b€22.4b€8.2b12.4x9.8x3.6x
Tue, 28 Jun 2022€80.0b€22.4b€8.2b12.8x9.8x3.6x
Thu, 26 May 2022€86.4b€22.5b€8.6b12.9x10x3.8x
Sat, 23 Apr 2022€96.4b€18.1b€10.6b14.2x9.1x5.3x
Mon, 21 Mar 2022€109.2b€19.1b€11.5b13.6x9.5x5.7x
Wed, 16 Feb 2022€111.3b€18.1b€13.7b14x8.1x6.2x
Fri, 14 Jan 2022€109.4b€17.7b€13.4b13.9x8.2x6.2x
Sun, 12 Dec 2021€104.6b€17.8b€13.4b14.6x7.8x5.9x
Tue, 09 Nov 2021€106.5b€17.7b€12.3b15.7x8.7x6x
Thu, 07 Oct 2021€108.2b€17.7b€11.3b14.6x9.6x6.1x
Sat, 04 Sep 2021€113.7b€17.8b€11.5b14.7x9.9x6.4x
Mon, 02 Aug 2021€114.6b€17.8b€11.5b14.3x10x6.4x
Price to Earnings Ratio

10x


Total Market Cap: €114.6bTotal Earnings: €11.5bTotal Revenue: €17.8bTotal Market Cap vs Earnings and Revenue0%0%0%
German Real Estate Industry Price to Earnings3Y Average 2.7x202220232024
Current Industry PE
  • Investors are relatively neutral on the German Real Estate 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 4.0x.
Past Earnings Growth
  • Total earnings for the Real Estate industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the German Real Estate industry?

DE Market-0.99%
Real Estate-0.77%
Real Estate-0.74%
Real Estate Development-0.25%
Real Estate Operating Companies-0.75%
Real Estate Services-1.95%
Diversified Real Estate-2.77%
Industry PE
  • Investors are most optimistic about the Real Estate Development industry which is trading above its 3-year average PE ratio of 26.3x.
    • Analysts are expecting annual earnings growth of 32.9%, which is higher than its past year's earnings decline of 12.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate Operating Companies industry, expecting annual earnings growth of 96% over the next 5 years.
  • This is better than its past earnings growth rate of 13% per year.
  • In contrast, the Real Estate Development industry is expected to see its earnings grow by 33% 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
O5G CPI Property Group€0.830.6%
+€42.8m
-6.2%PS4.2x
VNA Vonovia€28.160.2%
+€41.1m
33.0%PS3.7x
KBU TAG Colonia-Immobilien€7.107.6%
+€22.2m
-19.3%n/a
GTY Gateway Real Estate€0.4139.0%
+€21.3m
-85.6%PE88.4x
DEQ Deutsche EuroShop€23.601.1%
+€18.7m
7.3%PS6.5x
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Latest News

LKB

€10.00

CGRE

7D

11.1%

1Y

998.9%

ABHA

€174.00

Hasen-Immobilien

7D

8.1%

1Y

10.1%

VNA

€28.16

Vonovia

7D

0.2%

1Y

33.0%

KBU

€7.10

TAG Colonia-Immobilien

7D

7.6%

1Y

-19.3%

DEQ

€23.60

Deutsche EuroShop

7D

1.1%

1Y

7.3%

PAT

€7.11

PATRIZIA

7D

-1.8%

1Y

-33.6%

FC9

€9.75

FCR Immobilien

7D

4.3%

1Y

-24.4%

DIC

€2.10

Branicks Group

7D

-9.1%

1Y

-53.3%

LEG

€80.16

LEG Immobilien

7D

-0.5%

1Y

25.7%

WCMK

€1.88

WCM Beteiligungs- und Grundbesitz-AG

7D

-5.1%

1Y

-19.7%

TLG

€14.50

TLG Immobilien

7D

-1.4%

1Y

-12.7%

GTY

€0.41

Gateway Real Estate

7D

39.0%

1Y

-85.6%

AT1

€1.95

Aroundtown

7D

-8.4%

1Y

39.2%