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Egyptian (OMX) Real Estate Sector Analysis

UpdatedNov 30, 2022
DataAggregated Company Financials
Companies30
  • 7D0.8%
  • 3M5.0%
  • 1Y-2.5%
  • YTD-10.2%

In the last week, the Real Estate industry is up 1.6%, with Emaar Misr for Development Company (S.A.E.) up 2.6%. Despite this gain, the industry's performance has been flat over the past year. Earnings are forecast to grow by 8.7% annually.

Sector Valuation and Performance

Has the Egyptian Real Estate Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 01 Dec 2022ج.م72.1bج.م62.6bج.م10.5b12.1x6.9x1.2x
Sat, 29 Oct 2022ج.م68.0bج.م60.2bج.م10.1b13.2x6.7x1.1x
Mon, 26 Sep 2022ج.م65.8bج.م60.4bج.م10.1b15x6.5x1.1x
Wed, 24 Aug 2022ج.م69.2bج.م55.0bج.م8.4b16.2x8.2x1.3x
Fri, 22 Jul 2022ج.م61.1bج.م53.2bج.م8.3b10.5x7.4x1.1x
Sun, 19 Jun 2022ج.م62.0bج.م52.0bج.م7.5b12.9x8.2x1.2x
Tue, 17 May 2022ج.م61.8bج.م50.5bج.م7.4b13x8.4x1.2x
Thu, 14 Apr 2022ج.م64.3bج.م50.1bج.م7.2b10.3x8.9x1.3x
Sat, 12 Mar 2022ج.م64.3bج.م49.1bج.م7.9b10.3x8.1x1.3x
Mon, 07 Feb 2022ج.م77.3bج.م48.9bج.م7.9b18x9.8x1.6x
Wed, 05 Jan 2022ج.م79.1bج.م48.9bج.م7.9b20.1x10x1.6x
Fri, 03 Dec 2021ج.م73.1bج.م48.5bج.م7.9b16.6x9.2x1.5x
Sun, 31 Oct 2021ج.م82.1bج.م47.3bج.م7.6b18.8x10.9x1.7x
Tue, 28 Sep 2021ج.م86.5bج.م47.3bج.م7.6b22.8x11.5x1.8x
Thu, 26 Aug 2021ج.م91.8bج.م47.3bج.م7.6b27.3x12.2x1.9x
Fri, 02 Jul 2021ج.م72.0bج.م47.3bج.م7.6b19.6x9.5x1.5x
Mon, 05 Apr 2021ج.م65.4bج.م43.0bج.م6.8b16.3x9.6x1.5x
Thu, 07 Jan 2021ج.م66.8bج.م40.1bج.م6.5b15.4x10.3x1.7x
Wed, 30 Sep 2020ج.م62.5bج.م41.9bج.م7.7b14x8.2x1.5x
Sat, 04 Jul 2020ج.م55.4bج.م38.2bج.م7.2b14.2x7.7x1.5x
Tue, 07 Apr 2020ج.م48.9bج.م40.9bج.م7.3b8.5x6.7x1.2x
Fri, 10 Jan 2020ج.م69.6bج.م41.3bج.م7.7b8.2x9x1.7x
Price to Earnings Ratio

9.5x


Total Market Cap: ج.م72.4bTotal Earnings: ج.م7.6bTotal Revenue: ج.م40.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Egyptian Real Estate Sector Price to Earnings3Y Average 8.8x202020212022
Current Industry PE
  • Investors are pessimistic on the Egyptian Real Estate industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 6.9x which is lower than its 3-year average PE of 8.8x.
  • The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have grown 11% per year over the last three years.
  • Revenues for these companies have grown 16% 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 Market3.35%
Real Estate0.77%
Real Estate0.77%
REITS0%
Industry PE
  • Investors are most optimistic about the Real Estate industry even though it's trading below its 3-year average PE ratio of 8.8x.
    • Analysts are expecting annual earnings growth of 8.7%, which is lower than the prior year's growth of 14.5% per year.
  • Investors are most pessimistic about the Real Estate industry, which is trading below its 3-year average of 8.8x.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 8.7% over the next 5 years.
  • However this is lower than its past earnings growth rate of 14% per year.
  • In contrast, the Real Estate industry is expected to see its earnings grow by 8.7% 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
EMFD Emaar Misr for Development Company (S.A.E.)ج.م2.741.5%
+ج.م181.2m
5.0%PB0.5x
MNHD Madinet Nasr for Housing & DevelopmentEج.م3.072.3%
+ج.م147.0m
45.3%PB1.5x
TMGH Talaat Mostafa Group Holding Company TMG Holding (S.A.E)ج.م8.700.6%
+ج.م103.2m
7.5%PB0.5x
OCDI Sixth of October for Development and Investment Company SODIC (S.A.E.)ج.م12.972.0%
+ج.م89.0m
-34.0%PB0.6x
ELSH Al Shams Housing and Urbanization SAEج.م6.705.5%
+ج.م79.4m
-3.0%PB2.3x
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Latest News

OBRI

ج.م9.44

El-Ebour for Real Estate InvestmentE

7D

-13.6%

1Y

-39.2%

PHDC

ج.م1.71

Palm Hills DevelopmentsE

7D

-0.4%

1Y

-4.6%

EMFD

ج.م2.74

Emaar Misr for Development Company (S.A.E.)

7D

1.5%

1Y

5.0%

ZMID

ج.م4.98

Zahraa El Maadi Investment and Development Company SAE

7D

-0.8%

1Y

-35.7%