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German (DAX) Real Estate Industry Analysis

UpdatedJan 19, 2022
DataAggregated Company Financials
Companies63
  • 7D0.6%
  • 3M-12.4%
  • 1Y-8.6%
  • YTD-2.7%

Over the last 7 days, the Real Estate industry has remained flat, although notably Deutsche Wohnen declined by 4.0%. Unfortunately though, the industry is down 8.6% over the past 12 months.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Thu, 20 Jan 2022€111.4b€18.0b€13.7b13.9x
Sat, 18 Dec 2021€103.3b€17.8b€13.4b14.5x
Mon, 15 Nov 2021€109.1b€17.6b€12.8b15.2x
Wed, 13 Oct 2021€106.9b€17.7b€11.3b15x
Fri, 10 Sep 2021€187.8b€142.5b€26.5b14.2x
Sun, 08 Aug 2021€116.4b€17.8b€11.5b14.4x
Sat, 01 May 2021€105.9b€17.8b€9.7b13.5x
Tue, 02 Feb 2021€104.5b€17.8b€9.3b16x
Fri, 06 Nov 2020€98.0b€17.1b€9.4b12.5x
Mon, 10 Aug 2020€99.2b€16.8b€9.4b12x
Sun, 03 May 2020€89.0b€16.1b€9.1b10.7x
Wed, 05 Feb 2020€102.8b€15.7b€9.3b11.3x
Sat, 09 Nov 2019€94.1b€14.8b€9.5b11.7x
Fri, 02 Aug 2019€90.8b€14.4b€9.8b10.4x
Mon, 06 May 2019€92.9b€14.1b€10.8b10.1x
Thu, 07 Feb 2019€93.7b€13.4b€10.7b9.9x
PE Ratio

9.9x

Total Market Cap: €93.7bTotal Earnings: €10.7bTotal Revenue: €13.4b0%0%0%3 Year10 Year
202020212022

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 12.4x. However, future earnings are expected to decline by 0.7% which could potentially cause the PE ratio to fall below its historical average.

Past Earnings Growth: The earnings for companies in the Real Estate industry have grown 8.6% per year over the last three years, and revenues for these companies have grown 10% 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 German Real Estate industry?

Real Estate Development15.83%
Real Estate Operating Companies0.45%
Diversified Real Estate-0.35%
Real Estate Services-2.65%

Industry PE: Investors are most optimistic about the Diversified Real Estate industry which is trading above its 3-year average PE ratio of 13.0x. This is likely because analysts are expecting annual earnings growth of 17%, which is higher than its past year's earnings decline of 33% per year. Meanwhile, investors are most pessimistic about the Real Estate Development industry, which is trading close to its 3-year average of 10.4x.

Forecasted Growth: Analysts are most optimistic on the Diversified Real Estate industry, expecting annual earnings growth of 17% over the next 5 years. This is better than its past earnings decline of 33% per year. Meanwhile, the Real Estate Operating Companies industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
VNA Vonovia€47.930.5%
+€194.1m
-14.1%PB1.4x
CC1 Consus Real Estate€2.2038.0%
+€97.8m
-67.6%PB0.4x
AT1 Aroundtown€5.541.2%
+€74.8m
-7.2%PB0.4x
SPB Sedlmayr Grund und Immobilien€3.16k3.3%
+€73.4m
-1.3%PB8.7x
O5G CPI Property Group€0.740.7%
+€44.2m
2.8%PB1x
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Latest News

PAT

€20.30

Patrizia

7D

-1.5%

1Y

-20.2%

GYC

€19.52

Grand City Properties

7D

-2.5%

1Y

-6.0%

VNA

€47.93

Vonovia

7D

0.5%

1Y

-14.1%

PBY

€27.50

Publity

7D

5.4%

1Y

-19.1%