Header cover image

Spanish (IBEX) Real Estate Sector Analysis

UpdatedDec 02, 2021
DataAggregated Company Financials
Companies77
  • 7D-1.4%
  • 3M-3.6%
  • 1Y3.2%
  • YTD4.9%

Over the last 7 days, the Real Estate industry has dropped 1.4%, driven by a pullback from Inmobiliaria Colonial SOCIMI of 4.8%. Meanwhile, Inmobiliaria del Sur actually outperformed within the industry, gaining 12% in the last week. This takes the industry's 12 month performance to a gain of 3.2%.

Sector Valuation and Performance

Has the Spanish Real Estate Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Sun, 05 Dec 2021€24.4b€3.3b€771.1m27.1x
Tue, 02 Nov 2021€24.6b€3.1b€706.4m27.8x
Thu, 30 Sep 2021€24.2b€2.9b€632.4m24.4x
Sat, 28 Aug 2021€24.4b€2.9b€575.8m29x
Sun, 04 Jul 2021€23.1b€2.9b€590.9m28.6x
Wed, 07 Apr 2021€23.0b€3.0b€42.7m32.2x
Sat, 09 Jan 2021€22.1b€2.6b-€63,461,261.0035.4x
Fri, 02 Oct 2020€20.9b€2.7b€1.0b22.2x
Mon, 06 Jul 2020€21.2b€2.6b€1.1b20.1x
Thu, 09 Apr 2020€21.1b€2.8b€2.0b16.7x
Wed, 01 Jan 2020€26.9b€2.6b€2.1b18.2x
Sat, 05 Oct 2019€25.9b€2.5b€2.1b18.4x
Tue, 09 Jul 2019€24.6b€2.4b€2.1b21.7x
Mon, 01 Apr 2019€23.5b€2.5b€2.1b19.3x
Thu, 03 Jan 2019€21.7b€2.3b€2.2b20.9x
PE Ratio

20.9x

Total Market Cap: €21.7bTotal Earnings: €2.2bTotal Revenue: €2.3b0%0%0%3 Year10 Year
20202021

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 23.4x. 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 declined 29% per year over the last three years, while revenues for these companies have grown 12% 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 Spanish Real Estate sector?

Real Estate0.039%
REITS-1.88%

Industry PE: Investors are most optimistic about the REITS industry which is trading above its 3-year average PE ratio of 23.3x. This is likely because analysts are expecting annual earnings growth of 19%, which is higher than its past year's earnings decline of 38% per year. Meanwhile, investors are most pessimistic about the Real Estate industry, which is trading below its 3-year average of 22.7x.

Forecasted Growth: Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 28% over the next 5 years. This is better than it's past earnings growth rate of 2.2% per year. Meanwhile, the REITS industry is expected to see its earnings grow by 19% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
ISUR Inmobiliaria del Sur12.5%+€16.7m2.5%PB1.2x
RLIA Realia Business2.1%+€13.0m13.9%PB0.6x
YSIL Silicius Real Estate SOCIMI1.2%+€7.2mn/an/a
YORE Olimpo Real Estate SOCIMI2.9%+€5.9m4.0%PB1.2x
MVC Metrovacesa0.4%+€4.5m19.3%PB0.5x
Simply Wall St
Simply Wall Street Pty Ltd
17-21 Bellevue Street, Surry Hills, Sydney
Download on the App StoreGet it on Google Play
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News