Egyptian (OMX) Real Estate Development Industry Analysis
UpdatedJul 23, 2024
DataAggregated Company Financials
Companies17
- 7D1.0%
- 3M4.9%
- 1Y263.3%
- YTDn/a
The Real Estate Development is pretty flat in the last 7 days, but Emaar Misr for Development Company (S.A.E.) has stood out, gaining 7.8%. As for the the longer term, the industry is up 262% over the past 12 months. Looking forward, earnings are forecast to grow by 32% annually.
Industry Valuation and Performance
Has the Egyptian Real Estate Development Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 24 Jul 2024 | ج.م194.5b | ج.م80.7b | ج.م19.1b | 18.1x | 10.2x | 2.4x |
| Fri, 21 Jun 2024 | ج.م176.8b | ج.م80.7b | ج.م19.2b | 18x | 9.2x | 2.2x |
| Sun, 19 May 2024 | ج.م187.0b | ج.م75.7b | ج.م16.7b | 18.2x | 11.2x | 2.5x |
| Tue, 16 Apr 2024 | ج.م209.6b | ج.م75.6b | ج.م13.0b | 26.2x | 16.1x | 2.8x |
| Thu, 14 Mar 2024 | ج.م229.6b | ج.م73.0b | ج.م12.8b | 23.4x | 17.9x | 3.1x |
| Sat, 10 Feb 2024 | ج.م149.3b | ج.م66.2b | ج.م11.2b | 32.4x | 13.4x | 2.3x |
| Mon, 08 Jan 2024 | ج.م99.3b | ج.م66.1b | ج.م11.1b | 25.2x | 8.9x | 1.5x |
| Wed, 06 Dec 2023 | ج.م102.0b | ج.م65.3b | ج.م10.9b | 23.7x | 9.4x | 1.6x |
| Fri, 03 Nov 2023 | ج.م90.1b | ج.م63.5b | ج.م10.7b | 19.9x | 8.4x | 1.4x |
| Sun, 01 Oct 2023 | ج.م67.2b | ج.م63.3b | ج.م10.7b | 14.1x | 6.3x | 1.1x |
| Tue, 29 Aug 2023 | ج.م60.2b | ج.م60.2b | ج.م10.3b | 15x | 5.9x | 1x |
| Thu, 27 Jul 2023 | ج.م55.1b | ج.م58.1b | ج.م10.0b | 13.8x | 5.5x | 0.9x |
| Sat, 24 Jun 2023 | ج.م56.8b | ج.م56.7b | ج.م9.8b | 14x | 5.8x | 1x |
| Mon, 22 May 2023 | ج.م52.8b | ج.م56.6b | ج.م9.8b | 12.1x | 5.4x | 0.9x |
| Wed, 19 Apr 2023 | ج.م54.0b | ج.م56.3b | ج.م9.7b | 10.8x | 5.6x | 1x |
| Fri, 17 Mar 2023 | ج.م49.8b | ج.م56.3b | ج.م9.7b | 9.7x | 5.1x | 0.9x |
| Sun, 12 Feb 2023 | ج.م56.9b | ج.م55.4b | ج.م10.2b | 10.4x | 5.6x | 1x |
| Tue, 10 Jan 2023 | ج.م58.2b | ج.م55.4b | ج.م10.2b | 11.8x | 5.7x | 1.1x |
| Thu, 08 Dec 2022 | ج.م55.4b | ج.م55.4b | ج.م10.2b | 10.6x | 5.4x | 1x |
| Sat, 05 Nov 2022 | ج.م46.8b | ج.م53.0b | ج.م9.8b | 10.9x | 4.8x | 0.9x |
| Mon, 03 Oct 2022 | ج.م45.4b | ج.م53.0b | ج.م9.8b | 11.5x | 4.6x | 0.9x |
| Wed, 31 Aug 2022 | ج.م48.6b | ج.م50.9b | ج.م9.8b | 12.9x | 4.9x | 1x |
| Fri, 29 Jul 2022 | ج.م42.2b | ج.م46.1b | ج.م8.1b | 8.5x | 5.2x | 0.9x |
| Sun, 26 Jun 2022 | ج.م42.7b | ج.م44.9b | ج.م7.3b | 8.6x | 5.9x | 1x |
| Tue, 24 May 2022 | ج.م45.8b | ج.م44.0b | ج.م7.1b | 9.9x | 6.4x | 1x |
| Thu, 21 Apr 2022 | ج.م46.6b | ج.م43.6b | ج.م7.0b | 10.1x | 6.6x | 1.1x |
| Sat, 19 Mar 2022 | ج.م47.3b | ج.م44.8b | ج.م7.4b | 10.2x | 6.4x | 1.1x |
| Mon, 14 Feb 2022 | ج.م54.6b | ج.م42.8b | ج.م7.3b | 14x | 7.5x | 1.3x |
| Wed, 12 Jan 2022 | ج.م56.5b | ج.م42.8b | ج.م7.3b | 14.2x | 7.8x | 1.3x |
| Fri, 10 Dec 2021 | ج.م54.8b | ج.م42.4b | ج.م7.2b | 16.1x | 7.6x | 1.3x |
| Sun, 07 Nov 2021 | ج.م57.5b | ج.م43.7b | ج.م7.7b | 13.5x | 7.5x | 1.3x |
| Tue, 05 Oct 2021 | ج.م62.0b | ج.م41.1b | ج.م6.6b | 14.8x | 9.4x | 1.5x |
| Thu, 02 Sep 2021 | ج.م65.7b | ج.م41.1b | ج.م6.6b | 19.5x | 9.9x | 1.6x |
| Sat, 31 Jul 2021 | ج.م57.3b | ج.م41.1b | ج.م6.6b | 14.9x | 8.6x | 1.4x |
Price to Earnings Ratio
8.6x
Current Industry PE
- Investors are optimistic on the Egyptian Real Estate Development industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 10.3x which is higher than its 3-year average PE of 7.7x.
- The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 2.4x.
Past Earnings Growth
- The earnings for companies in the Real Estate Development industry have grown 42% per year over the last three years.
- Revenues for these companies have grown 25% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Egyptian Real Estate Development compare with similar industries?
| EG Market | 3.99% | |
| Real Estate | 1.69% | |
| Real Estate | 1.69% | |
| Real Estate Development | 1.02% | |
| Diversified Real Estate | 5.75% | |
| Real Estate Operating Companies | 0% | |
| Real Estate Services | 0% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
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.م7.12 | 7.7% +ج.م2.3b | 148.1% | PE3.2x | |
| OCDI Sixth of October for Development and Investment Company SODIC (S.A.E.) | ج.م43.51 | 3.4% +ج.م512.9m | 125.8% | PE9.8x | |
| UNIT United for Housing & Development -E | ج.م6.16 | 12.0% +ج.م170.9m | 48.4% | PE13.6x | |
| IDRE Ismailia Development and Real Estate Co | ج.م18.83 | 21.4% +ج.م122.3m | -59.7% | PE1141.1x | |
| ZMID Zahraa El Maadi Investment and Development Company SAE | ج.م7.55 | 2.6% +ج.م100.3m | 37.0% | PE14.4x |