Has the Egyptian Real Estate Sector valuation changed over the past few years?
|Tue, 30 Nov 2021||ج.م71.5b||ج.م48.5b||ج.م8.0b||14.4x|
|Thu, 28 Oct 2021||ج.م81.5b||ج.م47.3b||ج.م7.6b||17.8x|
|Sat, 25 Sep 2021||ج.م86.4b||ج.م47.3b||ج.م7.6b||22.8x|
|Mon, 23 Aug 2021||ج.م88.9b||ج.م47.3b||ج.م7.6b||27.7x|
|Sat, 10 Jul 2021||ج.م72.0b||ج.م47.3b||ج.م7.6b||19.6x|
|Fri, 02 Apr 2021||ج.م65.4b||ج.م43.0b||ج.م6.8b||16.3x|
|Mon, 04 Jan 2021||ج.م66.8b||ج.م40.1b||ج.م6.5b||15.4x|
|Thu, 08 Oct 2020||ج.م62.5b||ج.م41.9b||ج.م7.7b||14x|
|Wed, 01 Jul 2020||ج.م55.4b||ج.م38.2b||ج.م7.2b||14.2x|
|Sat, 04 Apr 2020||ج.م48.9b||ج.م40.9b||ج.م7.3b||8.5x|
|Tue, 07 Jan 2020||ج.م69.6b||ج.م41.3b||ج.م7.7b||8.2x|
|Mon, 30 Sep 2019||ج.م76.4b||ج.م40.2b||ج.م7.6b||9.7x|
|Thu, 04 Jul 2019||ج.م77.9b||ج.م41.7b||ج.م8.1b||9.3x|
|Sun, 07 Apr 2019||ج.م84.8b||ج.م41.8b||ج.م8.9b||8.6x|
|Wed, 09 Jan 2019||ج.م74.8b||ج.م41.3b||ج.م9.0b||8.2x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 13.4x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Real Estate industry have remained mostly flat over the last three years, while revenues for these companies have grown 9.0% per year.This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Which industries have driven the changes within the Egyptian Real Estate sector?
Industry PE: Investors are most optimistic about the Real Estate industry, which is trading close to its 3-year average PE ratio of 13.4x. This is likely because analysts are expecting annual earnings growth of 11%, which is higher than its past year's earnings decline of 8.3% per year.
Forecasted Growth: Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 11% over the next 5 years. This is better than its past earnings decline of 8.3% per year.
Which companies have driven the market over the last 7 days?
|TMGH Talaat Mostafa Group Holding Company TMG Holding (S.A.E)||8.0%+ج.م1.2b||14.3%||PB0.5x|
|HELI Heliopolis for Housing & Development||13.9%+ج.م761.0m||-32.2%||PB8.2x|
|ZMID Zahraa El Maadi Investment and Development Company SAE||25.6%+ج.م744.5m||117.1%||PB2.7x|
|OCDI Sixth of October for Development and Investment Company SODIC (S.A.E.)||8.9%+ج.م569.9m||33.2%||PB1.1x|
|EMFD Emaar Misr for Development Company (S.A.E.)||4.0%+ج.م452.9m||3.6%||PB0.6x|
El Kahera Housing
DELTA Co for Construction & Rebuilding
Heliopolis for Housing & Development
Porto Group Holding SAE
Ismailia Development and Real Estate Co
Palm Hills DevelopmentsE