Noratis AG (ETR:NUVA) Analysts Just Slashed This Year's Estimates
Jun 19
German (DAX) Real Estate Development Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies8
- 7D-0.3%
- 3M-0.2%
- 1Y11.3%
- YTDn/a
Over the last 7 days, the Real Estate Development industry has remained flat, although notably CR Energy declined by 4.9%. The past year has been better, since the industry has gained 11% in that time. Looking forward, earnings are forecast to grow by 33% annually.
Industry Valuation and Performance
Has the German Real Estate Development Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | €4.6b | €662.8m | €70.2m | 2.1x | 66x | 7x |
| Sun, 23 Jun 2024 | €4.6b | €746.8m | €67.4m | 2.4x | 69x | 6.2x |
| Tue, 21 May 2024 | €4.7b | €732.2m | €66.5m | 2.8x | 70.5x | 6.4x |
| Thu, 18 Apr 2024 | €4.6b | €743.3m | €73.6m | 2.3x | 62.9x | 6.2x |
| Sat, 16 Mar 2024 | €4.6b | €765.9m | €94.0m | 2.3x | 49.3x | 6x |
| Mon, 12 Feb 2024 | €4.5b | €765.9m | €94.0m | 1.9x | 48.3x | 5.9x |
| Wed, 10 Jan 2024 | €4.4b | €811.9m | -€1,518,846,536.00 | 1.9x | -2.9x | 5.4x |
| Fri, 08 Dec 2023 | €4.2b | €811.9m | -€1,518,846,536.00 | 1.9x | -2.8x | 5.2x |
| Sun, 05 Nov 2023 | €4.2b | €832.8m | -€1,510,187,908.00 | 1.8x | -2.8x | 5x |
| Tue, 03 Oct 2023 | €4.2b | €883.3m | -€1,518,953,949.00 | 5.5x | -2.8x | 4.7x |
| Thu, 31 Aug 2023 | €4.2b | €887.6m | -€1,456,617,860.00 | 4.8x | -2.9x | 4.7x |
| Sat, 29 Jul 2023 | €4.2b | €868.6m | €120.6m | 5.4x | 34.5x | 4.8x |
| Mon, 26 Jun 2023 | €4.1b | €867.9m | €120.5m | 5x | 34.3x | 4.8x |
| Wed, 24 May 2023 | €3.8b | €885.2m | €137.8m | 4.9x | 27.8x | 4.3x |
| Fri, 21 Apr 2023 | €3.8b | €903.0m | €144.0m | 3.3x | 26.3x | 4.2x |
| Sun, 19 Mar 2023 | €3.4b | €25.6m | -€3,019,543.00 | 2.1x | -1128.4x | 133x |
| Tue, 14 Feb 2023 | €4.2b | €1.1b | €184.8m | 4.9x | 22.6x | 3.8x |
| Thu, 12 Jan 2023 | €4.5b | €1.1b | €184.8m | 4.8x | 24.1x | 4x |
| Sat, 10 Dec 2022 | €3.9b | €1.1b | €195.3m | 4.7x | 20x | 3.4x |
| Mon, 07 Nov 2022 | €3.8b | €1.1b | €196.3m | 4.5x | 19.3x | 3.4x |
| Wed, 05 Oct 2022 | €708.3m | €1.1b | €192.5m | 4.9x | 3.7x | 0.6x |
| Fri, 02 Sep 2022 | €761.8m | €1.1b | €190.5m | 4.8x | 4x | 0.7x |
| Sun, 31 Jul 2022 | €849.8m | €1.1b | €186.3m | 6.4x | 4.6x | 0.8x |
| Tue, 28 Jun 2022 | €913.4m | €1.0b | €103.0m | 7x | 8.9x | 0.9x |
| Thu, 26 May 2022 | €1.1b | €1.0b | €112.6m | 7.4x | 9.7x | 1.1x |
| Sat, 23 Apr 2022 | €1.4b | €994.8m | €112.7m | 8.8x | 12.6x | 1.4x |
| Mon, 21 Mar 2022 | €1.6b | €1.8b | €90.7m | 9.3x | 17.3x | 0.9x |
| Wed, 16 Feb 2022 | €1.4b | €1.7b | €49.4m | 9.8x | 28x | 0.8x |
| Fri, 14 Jan 2022 | €1.4b | €1.6b | €48.8m | 9.4x | 28.2x | 0.8x |
| Sun, 12 Dec 2021 | €1.5b | €1.6b | €48.8m | 9.5x | 29.7x | 0.9x |
| Tue, 09 Nov 2021 | €1.8b | €1.6b | €52.0m | 9x | 34.9x | 1.1x |
| Thu, 07 Oct 2021 | €2.3b | €1.6b | €34.0m | 8.9x | 66.5x | 1.4x |
| Sat, 04 Sep 2021 | €2.6b | €1.6b | €30.0m | 12.5x | 86.9x | 1.6x |
| Mon, 02 Aug 2021 | €2.5b | €1.6b | €30.0m | 11.1x | 84.6x | 1.6x |
Price to Earnings Ratio
84.6x
Current Industry PE
- Investors are optimistic on the German Real Estate Development industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 66.0x which is higher than its 3-year average PE of 26.3x.
- The 3-year average PS ratio of 3.5x is lower than the industry's current PS ratio of 7.0x.
Past Earnings Growth
- The earnings for companies in the Real Estate Development industry have grown 33% per year over the last three years.
- Meanwhile revenues for these companies have declined 26% per year.
- This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Industry Comparison
How does German Real Estate Development compare with similar industries?
| 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 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 | |
|---|---|---|---|---|---|
| INS Instone Real Estate Group | €9.28 | 1.4% +€5.6m | 47.8% | PE21.3x | |
| N9H Global Connectivity | €0.0095 | 11.8% +€361.9k | 137.5% | PE1x | |
| NUVA Noratis | €2.64 | 1.5% +€288.0k | -71.3% | PS0.3x | |
| BNT1 EYEMAXX Real Estate | €0.0055 | 10.0% +€3.1k | 2,650.0% | n/a |
