Egyptian (OMX) Real Estate Sector Analysis
UpdatedOct 03, 2023
DataAggregated Company Financials
Companies30
- 7D-4.3%
- 3M11.1%
- 1Y43.8%
- YTD13.1%
Over the last 7 days, the Real Estate industry has dropped 4.3%, driven by Talaat Moustafa Group Holding declining 6.9%. In contrast, Arab Developers Holding has gained 8.6%. Over the past 12 months, the industry was up 44%. As for the next few years, earnings are expected to grow by 15% per annum.
Sector Valuation and Performance
Has the Egyptian Real Estate Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 03 Oct 2023 | ج.م97.3b | ج.م73.0b | ج.م12.1b | 13x | 8.1x | 1.3x |
| Thu, 31 Aug 2023 | ج.م94.0b | ج.م70.1b | ج.م11.7b | 13.9x | 8x | 1.3x |
| Sat, 29 Jul 2023 | ج.م84.5b | ج.م68.6b | ج.م11.3b | 12.9x | 7.5x | 1.2x |
| Mon, 26 Jun 2023 | ج.م86.4b | ج.م67.2b | ج.م11.0b | 12.2x | 7.8x | 1.3x |
| Wed, 24 May 2023 | ج.م78.6b | ج.م67.3b | ج.م10.8b | 11.8x | 7.3x | 1.2x |
| Fri, 21 Apr 2023 | ج.م83.7b | ج.م67.0b | ج.م10.7b | 10.4x | 7.8x | 1.2x |
| Sun, 19 Mar 2023 | ج.م72.5b | ج.م65.5b | ج.م10.5b | 9.1x | 6.9x | 1.1x |
| Tue, 14 Feb 2023 | ج.م84.7b | ج.م63.9b | ج.م10.7b | 14.7x | 7.9x | 1.3x |
| Thu, 12 Jan 2023 | ج.م84.1b | ج.م63.9b | ج.م10.7b | 13.9x | 7.9x | 1.3x |
| Sat, 10 Dec 2022 | ج.م79.7b | ج.م62.6b | ج.م10.4b | 13.1x | 7.6x | 1.3x |
| Mon, 07 Nov 2022 | ج.م66.5b | ج.م60.7b | ج.م10.1b | 12.2x | 6.6x | 1.1x |
| Wed, 05 Oct 2022 | ج.م66.4b | ج.م60.2b | ج.م10.1b | 15.6x | 6.6x | 1.1x |
| Fri, 02 Sep 2022 | ج.م68.5b | ج.م58.3b | ج.م10.1b | 15.3x | 6.8x | 1.2x |
| Sun, 31 Jul 2022 | ج.م61.1b | ج.م53.2b | ج.م8.3b | 13.2x | 7.4x | 1.1x |
| Tue, 28 Jun 2022 | ج.م57.9b | ج.م52.0b | ج.م7.5b | 11.7x | 7.7x | 1.1x |
| Thu, 26 May 2022 | ج.م59.7b | ج.م50.5b | ج.م7.4b | 12.1x | 8.1x | 1.2x |
| Sat, 23 Apr 2022 | ج.م64.5b | ج.م50.1b | ج.م7.3b | 13.7x | 8.9x | 1.3x |
| Mon, 21 Mar 2022 | ج.م66.0b | ج.م50.2b | ج.م7.8b | 10.9x | 8.5x | 1.3x |
| Wed, 16 Feb 2022 | ج.م72.9b | ج.م48.9b | ج.م7.9b | 15x | 9.2x | 1.5x |
| Fri, 14 Jan 2022 | ج.م77.9b | ج.م48.9b | ج.م7.9b | 17.7x | 9.9x | 1.6x |
| Sun, 12 Dec 2021 | ج.م75.8b | ج.م48.9b | ج.م7.8b | 23x | 9.7x | 1.6x |
| Tue, 09 Nov 2021 | ج.م76.3b | ج.م49.8b | ج.م8.5b | 20x | 9x | 1.5x |
| Thu, 07 Oct 2021 | ج.م84.8b | ج.م47.3b | ج.م7.6b | 20.3x | 11.2x | 1.8x |
| Sat, 04 Sep 2021 | ج.م92.9b | ج.م47.3b | ج.م7.6b | 26.9x | 12.3x | 2x |
| Mon, 02 Aug 2021 | ج.م81.4b | ج.م47.3b | ج.م7.6b | 29.9x | 10.8x | 1.7x |
| Thu, 06 May 2021 | ج.م64.7b | ج.م43.0b | ج.م6.8b | 14.9x | 9.5x | 1.5x |
| Sun, 07 Feb 2021 | ج.م72.6b | ج.م40.1b | ج.م6.5b | 28x | 11.3x | 1.8x |
| Sat, 31 Oct 2020 | ج.م61.1b | ج.م41.9b | ج.م7.7b | 13.4x | 8x | 1.5x |
Price to Earnings Ratio
8.2x
Current Industry PE
- Investors are relatively neutral on the Egyptian 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 PE ratio of 8.8x.
- The industry is trading close to its 3-year average PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have grown 16% per year over the last three years.
- Revenues for these companies have grown 20% 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 Egyptian Real Estate sector?
| EG Market | -1.63% | |
| Real Estate | -4.25% | |
| REITS | 0% | |
| Specialized REITs | 0% | |
| Residential REITs | 0% | |
| Hotel and Resort REITs | 0% | |
| Industrial REITs | 0% | |
| Health Care REITs | 0% | |
| Retail REITs | 0% | |
| Office REITs | 0% | |
| Real Estate | -4.25% | |
Industry PE
- Investors are most optimistic about the Real Estate industry, which is trading close to its 3-year average PE ratio of 8.8x.
- Analysts are expecting annual earnings growth of 15.5%, which is lower than the prior year's growth of 40.2% per year.
- Investors are most pessimistic about the Real Estate industry, which is trading close to its 3-year average of 8.8x.
Forecasted Growth
- Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 15% over the next 5 years.
- However this is lower than its past earnings growth rate of 40% per year.
- In contrast, the Real Estate industry is expected to see its earnings grow by 15% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ARAB Arab Developers Holding | ج.م0.65 | 8.6% +ج.م66.9m | 83.5% | PE42.4x | |
| AREH Real Estate Egyptian ConsortiumE | ج.م0.81 | 1.5% +ج.م4.8m | -67.3% | PE19.9x | |
| UNIT United for Housing & Development -E | ج.م4.11 | 0.2% +ج.م2.6m | 36.1% | PE14.2x | |
| TANM Tanmiya For Real Estate Investment (S.A.E) | ج.م1.86 | 0.6% +ج.م1.5m | 7.1% | n/a |