Egyptian (OMX) Real Estate Industry Analysis
UpdatedJan 29, 2023
DataAggregated Company Financials
Companies30
- 7D1.9%
- 3M36.2%
- 1Y24.7%
- YTD10.4%
In the last week, the Real Estate industry is up 1.8%, with Sixth of October for Development and Investment Company SODIC (S.A.E.) leading the way, up 12%. This takes the industry's 12 month performance to a gain of 22%. As for the next few years, earnings are expected to grow by 21% per annum.
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 |
|---|---|---|---|---|---|---|
| Mon, 30 Jan 2023 | ج.م93.2b | ج.م63.9b | ج.م10.7b | 15x | 8.7x | 1.5x |
| Wed, 28 Dec 2022 | ج.م80.5b | ج.م63.9b | ج.م10.7b | 13.1x | 7.5x | 1.3x |
| Fri, 25 Nov 2022 | ج.م71.4b | ج.م61.7b | ج.م10.2b | 12x | 7x | 1.2x |
| Sun, 23 Oct 2022 | ج.م65.8b | ج.م60.2b | ج.م10.1b | 13.8x | 6.5x | 1.1x |
| Tue, 20 Sep 2022 | ج.م66.1b | ج.م60.4b | ج.م10.1b | 15x | 6.5x | 1.1x |
| Thu, 18 Aug 2022 | ج.م68.1b | ج.م55.0b | ج.م8.4b | 16.4x | 8.1x | 1.2x |
| Sat, 16 Jul 2022 | ج.م57.7b | ج.م53.2b | ج.م8.3b | 11.2x | 6.9x | 1.1x |
| Mon, 13 Jun 2022 | ج.م62.0b | ج.م50.8b | ج.م7.4b | 13.2x | 8.4x | 1.2x |
| Wed, 11 May 2022 | ج.م64.6b | ج.م50.5b | ج.م7.4b | 14x | 8.8x | 1.3x |
| Fri, 08 Apr 2022 | ج.م66.8b | ج.م50.1b | ج.م7.2b | 10.7x | 9.2x | 1.3x |
| Sun, 06 Mar 2022 | ج.م67.9b | ج.م49.0b | ج.م8.0b | 10.9x | 8.5x | 1.4x |
| Tue, 01 Feb 2022 | ج.م75.9b | ج.م48.9b | ج.م7.9b | 17.5x | 9.6x | 1.6x |
| Thu, 30 Dec 2021 | ج.م77.9b | ج.م48.9b | ج.م7.9b | 19.3x | 9.9x | 1.6x |
| Sat, 27 Nov 2021 | ج.م74.1b | ج.م48.5b | ج.م8.0b | 14.4x | 9.3x | 1.5x |
| Mon, 25 Oct 2021 | ج.م82.9b | ج.م47.3b | ج.م7.6b | 10.2x | 11x | 1.8x |
| Wed, 22 Sep 2021 | ج.م82.9b | ج.م47.3b | ج.م7.6b | 21x | 11x | 1.8x |
| Fri, 20 Aug 2021 | ج.م86.1b | ج.م47.3b | ج.م7.6b | 27.3x | 11.4x | 1.8x |
| Fri, 04 Jun 2021 | ج.م67.3b | ج.م43.0b | ج.م6.8b | 17.3x | 9.8x | 1.6x |
| Mon, 08 Mar 2021 | ج.م71.0b | ج.م40.1b | ج.م6.5b | 22.7x | 11x | 1.8x |
| Thu, 10 Dec 2020 | ج.م68.2b | ج.م41.9b | ج.م7.7b | 15.8x | 8.9x | 1.6x |
| Wed, 02 Sep 2020 | ج.م64.3b | ج.م38.2b | ج.م7.2b | 19x | 8.9x | 1.7x |
| Sat, 06 Jun 2020 | ج.م50.1b | ج.م40.9b | ج.م7.3b | 9.2x | 6.9x | 1.2x |
| Tue, 10 Mar 2020 | ج.م62.8b | ج.م41.4b | ج.م7.8b | 8.2x | 8.1x | 1.5x |
Price to Earnings Ratio
8.8x
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 1.5x.
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 industry?
| EG Market | 5.31% | |
| Real Estate | 1.93% | |
| Real Estate | 1.93% | |
| Real Estate Development | 3.09% | |
| Real Estate Operating Companies | 0% | |
| Real Estate Services | 0% | |
| Diversified Real Estate | -0.31% | |
Industry PE
- Investors are most optimistic about the Diversified Real Estate industry which is trading above its 3-year average PE ratio of 36.4x.
- Analysts are expecting annual earnings growth of 39.8%, which is higher than its past year's earnings growth of 16.2% per year.
- Investors are most pessimistic about the Real Estate Development industry, which is trading below its 3-year average of 7.0x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Real Estate industry, expecting annual earnings growth of 40% over the next 5 years.
- This is better than its past earnings growth rate of 16% per year.
- In contrast, the Real Estate Development industry is expected to see its earnings grow by 12% 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 | |
|---|---|---|---|---|---|
| EMFD Emaar Misr for Development Company (S.A.E.) | ج.م3.45 | 6.5% +ج.م951.2m | 23.2% | PB0.6x | |
| OCDI Sixth of October for Development and Investment Company SODIC (S.A.E.) | ج.م17.35 | 11.1% +ج.م616.2m | 21.3% | PB0.9x | |
| TMGH Talaat Mostafa Group Holding Company TMG Holding (S.A.E) | ج.م10.96 | 2.0% +ج.م433.3m | 28.6% | PB0.6x | |
| IDRE Ismailia Development and Real Estate Co | ج.م38.13 | 19.5% +ج.م229.1m | 63.6% | PB10.3x | |
| MNHD Madinet Nasr for Housing & DevelopmentE | ج.م3.90 | 2.4% +ج.م189.0m | 60.3% | PB1.7x |