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German (DAX) Real Estate Industry Analysis

UpdatedFeb 14, 2025
DataAggregated Company Financials
Companies53
  • 7D-1.8%
  • 3M-0.9%
  • 1Y8.4%
  • YTD-1.7%

Over the last 7 days, the Real Estate industry has dropped 1.8%, driven by a pullback from Vonovia of 1.8%. On the other hand GSW Immobilien is actually up 6.5%. Over the past 12 months, the industry was up 8.4%. Earnings are forecast to grow by 83% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 14 Feb 2025€65.4b€17.3b-€6,694,992,700.3016.4x-9.8x3.8x
Sun, 12 Jan 2025€63.6b€17.3b-€6,695,073,453.1113.8x-9.5x3.7x
Tue, 10 Dec 2024€67.7b€17.3b-€6,698,628,333.0014.3x-10.1x3.9x
Thu, 07 Nov 2024€67.1b€16.7b-€7,252,934,024.2115.5x-9.3x4x
Sat, 05 Oct 2024€75.2b€16.7b-€6,997,657,321.7011.8x-10.7x4.5x
Mon, 02 Sep 2024€70.9b€16.7b-€7,245,886,885.0915.2x-9.8x4.3x
Wed, 31 Jul 2024€66.7b€16.9b-€11,645,697,399.6925.1x-5.7x3.9x
Fri, 28 Jun 2024€63.8b€17.0b-€11,639,934,036.3326.7x-5.5x3.7x
Sun, 26 May 2024€64.9b€17.0b-€11,699,609,727.0026.6x-5.5x3.8x
Tue, 23 Apr 2024€62.1b€17.2b-€16,043,992,119.0028.3x-3.9x3.6x
Thu, 21 Mar 2024€64.0b€17.5b-€15,985,371,650.0030.6x-4x3.6x
Sat, 17 Feb 2024€65.6b€17.7b-€16,135,062,632.0027x-4.1x3.7x
Mon, 15 Jan 2024€75.3b€18.5b-€17,589,970,916.0030.1x-4.3x4.1x
Wed, 13 Dec 2023€72.6b€19.0b-€16,816,800,210.0014.3x-4.3x3.8x
Fri, 10 Nov 2023€69.9b€19.3b-€16,388,102,139.0010.2x-4.3x3.6x
Sun, 08 Oct 2023€68.6b€19.3b-€16,451,596,818.0013.6x-4.2x3.5x
Tue, 05 Sep 2023€69.2b€19.3b-€16,537,480,645.0014x-4.2x3.6x
Thu, 03 Aug 2023€67.9b€20.6b-€3,958,991,699.0016.4x-17.1x3.3x
Sat, 01 Jul 2023€64.6b€20.6b-€3,712,573,892.0017.7x-17.4x3.1x
Mon, 29 May 2023€62.3b€20.4b-€3,245,444,860.0016.5x-19.2x3x
Wed, 26 Apr 2023€60.3b€24.8b-€2,248,991,514.0017x-26.8x2.4x
Fri, 24 Mar 2023€60.3b€25.2b€2.2b13.5x27.3x2.4x
Sun, 19 Feb 2023€72.5b€25.5b€6.3b12.3x11.6x2.8x
Tue, 17 Jan 2023€77.3b€25.4b€6.4b13.2x12.1x3x
Thu, 15 Dec 2022€70.1b€25.5b€6.4b12.9x11x2.7x
Sat, 12 Nov 2022€72.4b€25.3b€6.5b14.1x11.2x2.9x
Mon, 10 Oct 2022€65.2b€24.7b€7.2b11.2x9.1x2.6x
Wed, 07 Sep 2022€73.6b€24.6b€7.1b13.8x10.3x3x
Fri, 05 Aug 2022€78.3b€22.4b€8.2b12.5x9.5x3.5x
Sun, 03 Jul 2022€76.6b€22.4b€8.2b12.3x9.3x3.4x
Tue, 31 May 2022€88.5b€22.6b€8.6b12.9x10.3x3.9x
Thu, 28 Apr 2022€94.8b€18.2b€10.5b13.4x9x5.2x
Sat, 26 Mar 2022€104.4b€19.1b€11.5b13.9x9.1x5.5x
Mon, 21 Feb 2022€110.5b€18.1b€13.7b14x8x6.1x
Price to Earnings Ratio

8x


Total Market Cap: €110.5bTotal Earnings: €13.7bTotal Revenue: €18.1bTotal Market Cap vs Earnings and Revenue0%0%0%
German Real Estate Industry Price to Earnings3Y Average -0.7x202320242025
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 3.6x.
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 Market2.67%
Real Estate-1.73%
Real Estate-1.81%
Diversified Real Estate1.54%
Real Estate Services0.76%
Real Estate Development0.63%
Real Estate Operating Companies-1.88%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Diversified Real Estate industry, expecting annual earnings growth of 102% over the next 5 years.
    • This is better than its past earnings decline of 39% per year.
    • In contrast, the Real Estate Development industry is expected to see its earnings grow by 37% 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
    GIB GSW Immobilien€82.006.5%
    +€283.4m
    30.2%n/a
    SPB Sedlmayr Grund und Immobilien€1.20k4.3%
    +€36.7m
    -18.9%PE64x
    TR61 TMM Real Estate Development€0.45223.7%
    +€15.9m
    2,150.0%n/a
    FC9 FCR Immobilien€13.1013.9%
    +€15.8m
    17.0%PE17.5x
    CGX CGRE€12.5015.7%
    +€10.2m
    1,320.5%n/a
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    Latest News

    DWNI

    €23.70

    Deutsche Wohnen

    7D

    -2.9%

    1Y

    20.1%

    CRZK

    €4.93

    CR Energy

    7D

    2.5%

    1Y

    -18.5%

    GTY

    €0.77

    Gateway Real Estate

    7D

    -11.5%

    1Y

    -26.7%

    FC9

    €13.10

    FCR Immobilien

    7D

    13.9%

    1Y

    17.0%

    KBU

    €6.00

    TAG Colonia-Immobilien

    7D

    -13.0%

    1Y

    -25.0%

    SPB

    €1,200.00

    Sedlmayr Grund und Immobilien

    7D

    4.3%

    1Y

    -18.9%

    CGX

    €12.50

    CGRE

    7D

    15.7%

    1Y

    1,320.5%

    TR61

    €0.45

    TMM Real Estate Development

    7D

    223.7%

    1Y

    2,150.0%

    GIB

    €82.00

    GSW Immobilien

    7D

    6.5%

    1Y

    30.2%