Egyptian (OMX) Real Estate Sector Analysis
UpdatedJun 25, 2024
DataAggregated Company Financials
Companies29
- 7D2.3%
- 3M-3.8%
- 1Y152.4%
- YTD62.8%
Talaat Moustafa Group Holding is up 2.1%, leading the way for the Real Estate industry, which has gained 3.1%. This takes the industry's 12 month performance to a gain of 158%. Earnings are forecast to grow by 14% annually.
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, 25 Jun 2024 | ج.م216.2b | ج.م108.5b | ج.م31.8b | 12x | 6.8x | 2x |
| Thu, 23 May 2024 | ج.م226.8b | ج.م101.3b | ج.م26.8b | 12x | 8.5x | 2.2x |
| Sat, 20 Apr 2024 | ج.م235.8b | ج.م101.3b | ج.م23.3b | 18.1x | 10.1x | 2.3x |
| Mon, 18 Mar 2024 | ج.م245.7b | ج.م81.8b | ج.م14.7b | 22.1x | 16.8x | 3x |
| Wed, 14 Feb 2024 | ج.م181.9b | ج.م76.0b | ج.م12.9b | 24.1x | 14.1x | 2.4x |
| Fri, 12 Jan 2024 | ج.م120.1b | ج.م76.3b | ج.م13.0b | 18.9x | 9.2x | 1.6x |
| Sun, 10 Dec 2023 | ج.م120.5b | ج.م75.4b | ج.م12.7b | 20.3x | 9.5x | 1.6x |
| Tue, 07 Nov 2023 | ج.م125.0b | ج.م73.3b | ج.م12.1b | 18x | 10.3x | 1.7x |
| Thu, 05 Oct 2023 | ج.م96.6b | ج.م73.0b | ج.م12.1b | 12.8x | 8x | 1.3x |
| Sat, 02 Sep 2023 | ج.م93.6b | ج.م70.1b | ج.م11.6b | 13.9x | 8.1x | 1.3x |
| Mon, 31 Jul 2023 | ج.م85.5b | ج.م68.6b | ج.م11.3b | 12.8x | 7.6x | 1.2x |
| Wed, 28 Jun 2023 | ج.م87.6b | ج.م67.2b | ج.م11.0b | 12.3x | 7.9x | 1.3x |
| Fri, 26 May 2023 | ج.م79.8b | ج.م67.3b | ج.م10.8b | 12x | 7.4x | 1.2x |
| Sun, 23 Apr 2023 | ج.م83.7b | ج.م67.0b | ج.م10.9b | 10.6x | 7.7x | 1.2x |
| Tue, 21 Mar 2023 | ج.م73.6b | ج.م65.7b | ج.م10.5b | 10.3x | 7x | 1.1x |
| Thu, 16 Feb 2023 | ج.م88.2b | ج.م63.9b | ج.م10.7b | 14.7x | 8.3x | 1.4x |
| Sat, 14 Jan 2023 | ج.م85.5b | ج.م63.9b | ج.م10.7b | 13.6x | 8x | 1.3x |
| Mon, 12 Dec 2022 | ج.م78.8b | ج.م62.6b | ج.م10.4b | 13.1x | 7.5x | 1.3x |
| Wed, 09 Nov 2022 | ج.م67.7b | ج.م60.7b | ج.م10.1b | 12.3x | 6.7x | 1.1x |
| Fri, 07 Oct 2022 | ج.م66.5b | ج.م60.2b | ج.م10.1b | 15.2x | 6.6x | 1.1x |
| Sun, 04 Sep 2022 | ج.م68.5b | ج.م60.4b | ج.م10.1b | 15.3x | 6.8x | 1.1x |
| Tue, 02 Aug 2022 | ج.م60.6b | ج.م53.2b | ج.م8.3b | 13x | 7.3x | 1.1x |
| Thu, 30 Jun 2022 | ج.م58.2b | ج.م52.0b | ج.م7.5b | 11.5x | 7.7x | 1.1x |
| Sat, 28 May 2022 | ج.م58.6b | ج.م50.5b | ج.م7.4b | 11.3x | 7.9x | 1.2x |
| Mon, 25 Apr 2022 | ج.م64.5b | ج.م50.5b | ج.م7.4b | 13.7x | 8.7x | 1.3x |
| Wed, 23 Mar 2022 | ج.م70.0b | ج.م50.2b | ج.م7.7b | 12x | 9.1x | 1.4x |
| Fri, 18 Feb 2022 | ج.م72.9b | ج.م48.9b | ج.م7.9b | 14.8x | 9.2x | 1.5x |
| Sun, 16 Jan 2022 | ج.م76.8b | ج.م48.9b | ج.م7.9b | 17.7x | 9.7x | 1.6x |
| Tue, 14 Dec 2021 | ج.م75.7b | ج.م48.9b | ج.م7.8b | 24.6x | 9.7x | 1.5x |
| Thu, 11 Nov 2021 | ج.م73.1b | ج.م49.7b | ج.م8.4b | 19.3x | 8.7x | 1.5x |
| Sat, 09 Oct 2021 | ج.م84.4b | ج.م47.3b | ج.م7.6b | 20.3x | 11.2x | 1.8x |
| Mon, 06 Sep 2021 | ج.م87.3b | ج.م47.3b | ج.م7.6b | 24.9x | 11.6x | 1.8x |
| Wed, 04 Aug 2021 | ج.م79.2b | ج.م47.3b | ج.م7.6b | 28x | 10.5x | 1.7x |
Price to Earnings Ratio
9.5x
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 6.8x which is lower than its 3-year average PE of 9.0x.
- The 3-year average PS ratio of 1.5x is lower than the industry's current PS ratio of 2.0x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have grown 62% per year over the last three years.
- Revenues for these companies have grown 32% 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 | 2.16% | |
| Real Estate | 2.27% | |
| Real Estate | 2.27% | |
| 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% | |
Industry PE
- Investors are most optimistic about the Real Estate industry even though it's trading below its 3-year average PE ratio of 9.0x.
- Analysts are expecting annual earnings growth of 13.7%, which is lower than the prior year's growth of 51.5% per year.
- Investors are most pessimistic about the Real Estate industry, which is trading below its 3-year average of 9.0x.
Forecasted Growth
- Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 14% over the next 5 years.
- However this is lower than its past earnings growth rate of 52% per year.
- In contrast, the Real Estate industry is expected to see its earnings grow by 14% 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 | |
|---|---|---|---|---|---|
| TMGH Talaat Moustafa Group Holding | ج.م55.65 | 2.1% +ج.م2.4b | 518.3% | PE24.3x | |
| EMFD Emaar Misr for Development Company (S.A.E.) | ج.م6.20 | 9.2% +ج.م2.4b | 110.2% | PE2.8x | |
| OCDI Sixth of October for Development and Investment Company SODIC (S.A.E.) | ج.م44.14 | 3.9% +ج.م584.2m | 124.7% | PE10x | |
| HELI Heliopolis for Housing & Development | ج.م9.96 | 2.7% +ج.م347.1m | -13.0% | PE1.6x | |
| PHDC Palm Hills DevelopmentsE | ج.م4.12 | 2.7% +ج.م323.6m | 94.3% | PE5.2x |