Egyptian (OMX) Real Estate Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies29
- 7D-1.3%
- 3M9.6%
- 1Y179.1%
- YTD73.4%
Last week, the Real Estate industry hasn't moved much but Heliopolis for Housing & Development is up 4.1% in that time. As for the the longer term, the industry is up 180% over the past 12 months. Earnings are forecast to grow by 23% annually.
Industry Valuation and Performance
Has the Egyptian Real Estate Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | ج.م230.2b | ج.م108.5b | ج.م31.8b | 12.6x | 7.2x | 2.1x |
| Sun, 23 Jun 2024 | ج.م211.4b | ج.م108.5b | ج.م31.8b | 12x | 6.6x | 1.9x |
| Tue, 21 May 2024 | ج.م228.2b | ج.م101.3b | ج.م26.8b | 12.1x | 8.5x | 2.3x |
| Thu, 18 Apr 2024 | ج.م250.5b | ج.م101.3b | ج.م23.3b | 19.2x | 10.7x | 2.5x |
| Sat, 16 Mar 2024 | ج.م245.7b | ج.م81.8b | ج.م14.7b | 20.4x | 16.7x | 3x |
| Mon, 12 Feb 2024 | ج.م172.7b | ج.م76.0b | ج.م12.9b | 21.8x | 13.4x | 2.3x |
| Wed, 10 Jan 2024 | ج.م121.4b | ج.م76.4b | ج.م13.0b | 19.3x | 9.3x | 1.6x |
| Fri, 08 Dec 2023 | ج.م120.5b | ج.م75.4b | ج.م12.7b | 20.3x | 9.5x | 1.6x |
| Sun, 05 Nov 2023 | ج.م122.8b | ج.م73.3b | ج.م12.1b | 15.9x | 10.2x | 1.7x |
| 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 |
Price to Earnings Ratio
10.8x
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 7.2x which is lower than its 3-year average PE of 8.9x.
- The 3-year average PS ratio of 1.5x is lower than the industry's current PS ratio of 2.1x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have grown 61% 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 industry?
| EG Market | 1.38% | |
| Real Estate | -1.34% | |
| Real Estate | -1.34% | |
| Diversified Real Estate | 3.33% | |
| Real Estate Operating Companies | 0% | |
| Real Estate Services | 0% | |
| Real Estate Development | -2.14% | |
Industry PE
- Investors are most optimistic about the Real Estate Development industry which is trading above its 3-year average PE ratio of 7.7x.
- Analysts are expecting annual earnings growth of 32.0%, which is lower than the prior year's growth of 47.8% per year.
- Investors are most pessimistic about the Diversified Real Estate industry, which is trading below its 3-year average of 38.8x.
Forecasted Growth
- Analysts are most optimistic on the Real Estate Development industry, expecting annual earnings growth of 32% over the next 5 years.
- However this is lower than its past earnings growth rate of 48% per year.
- In contrast, the Diversified Real Estate industry is expected to see its earnings decline by 63% 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 | |
|---|---|---|---|---|---|
| HELI Heliopolis for Housing & Development | ج.م10.26 | 4.1% +ج.م534.0m | -1.9% | PE1.6x | |
| MASR Madinet Masr For Housing and Development | ج.م4.18 | 4.2% +ج.م363.0m | 26.5% | PE3.4x | |
| EGTS Egyptian Resorts Company (S.A.E) | ج.م6.01 | 3.6% +ج.م220.5m | 127.7% | PS18.9x | |
| DCRC Delta for Construction & Rebuilding | ج.م26.00 | 29.9% +ج.م125.6m | 36.7% | PE10.2x | |
| IDRE Ismailia Development and Real Estate Co | ج.م19.76 | 21.4% +ج.م128.2m | -57.7% | PE1197.5x |