Egyptian (OMX) Real Estate Industry Analysis
- 7D-1.7%
- 3M-4.5%
- 1Y6.7%
- YTD-3.3%
Over the last 7 days, the Real Estate industry has dropped 2.7%, driven by a pullback from Emaar Misr for Development Company (S.A.E.) of 2.6%. This takes the industry's 12 month performance to a gain of 8.1%.
Industry Valuation and Performance
Has the Egyptian Real Estate Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Thu, 20 Jan 2022 | ج.م76.6b | ج.م48.9b | ج.م7.9b | 17.8x |
| Sat, 18 Dec 2021 | ج.م77.2b | ج.م48.9b | ج.م7.9b | 17.4x |
| Mon, 15 Nov 2021 | ج.م75.0b | ج.م49.7b | ج.م8.4b | 19.3x |
| Wed, 13 Oct 2021 | ج.م84.3b | ج.م47.3b | ج.م7.6b | 20.6x |
| Fri, 10 Sep 2021 | ج.م86.5b | ج.م47.3b | ج.م7.6b | 23x |
| Sun, 08 Aug 2021 | ج.م80.4b | ج.م47.3b | ج.م7.6b | 28.1x |
| Sat, 01 May 2021 | ج.م64.7b | ج.م43.0b | ج.م6.8b | 14.9x |
| Tue, 02 Feb 2021 | ج.م72.6b | ج.م40.1b | ج.م6.5b | 28x |
| Fri, 06 Nov 2020 | ج.م61.1b | ج.م41.9b | ج.م7.7b | 13.4x |
| Mon, 10 Aug 2020 | ج.م57.2b | ج.م38.2b | ج.م7.2b | 13.8x |
| Sun, 03 May 2020 | ج.م54.9b | ج.م40.9b | ج.م7.3b | 11.2x |
| Wed, 05 Feb 2020 | ج.م68.0b | ج.م41.4b | ج.م7.8b | 8.3x |
| Sat, 09 Nov 2019 | ج.م78.2b | ج.م40.2b | ج.م7.6b | 10.2x |
| Fri, 02 Aug 2019 | ج.م72.9b | ج.م41.7b | ج.م8.1b | 8.2x |
| Mon, 06 May 2019 | ج.م83.2b | ج.م41.8b | ج.م8.9b | 7.8x |
| Thu, 07 Feb 2019 | ج.م80.8b | ج.م41.3b | ج.م9.0b | 8.4x |
8.4x
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 13.9x. 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 declined 4.4% per year over the last three years, while revenues for these companies have grown 5.8% 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, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Egyptian Real Estate industry?
| Diversified Real Estate | -0.57% | |
| Real Estate Development | -2.18% | |
| Real Estate Operating Companies | -2.94% | |
Industry PE: Investors are most optimistic about the Diversified Real Estate industry which is trading above its 3-year average PE ratio of 23.8x. This is likely because analysts are expecting annual earnings growth of 12%, which is higher than its past year's earnings decline of 19% per year. Meanwhile, investors are most pessimistic about the Real Estate Development industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 11.8x.
Forecasted Growth: Analysts are most optimistic on the Diversified Real Estate industry, expecting annual earnings growth of 12% over the next 5 years. This is better than its past earnings decline of 19% per year. Meanwhile, the Real Estate Development industry is expected to see its earnings grow by 11% 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 | |
|---|---|---|---|---|---|
| ELKA El Kahera Housing | ج.م3.36 | 4.0% +ج.م117.0m | 128.1% | PB3.5x | |
| IDRE Ismailia Development and Real Estate Co | ج.م25.08 | 8.2% +ج.م70.4m | -34.9% | PB6.7x | |
| ELSH Al Shams Housing and Urbanization SAE | ج.م8.40 | 3.8% +ج.م56.3m | 66.3% | PB2.3x | |
| HELI Heliopolis for Housing & Development | ج.م6.45 | 0.6% +ج.م53.4m | 5.6% | PB11.4x | |
| EIUD Egyptians for investment & Urban development | ج.م4.81 | 1.3% +ج.م3.0m | 17.7% | PB4.3x |