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Spanish (IBEX) Real Estate Sector Analysis

UpdatedFeb 20, 2024
DataAggregated Company Financials
Companies83
  • 7D-0.9%
  • 3M0.4%
  • 1Y-4.4%
  • YTD-3.8%

Over the last 7 days, the Real Estate industry has remained flat. Unfortunately though, the industry is down 4.6% over the past 12 months. As for the next few years, earnings are expected to grow by 70% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 20 Feb 2024€24.0b€4.0b-€748,454,836.0027.9x-32x6x
Thu, 18 Jan 2024€24.8b€4.0b-€695,772,489.0027.7x-35.7x6.2x
Sat, 16 Dec 2023€25.5b€4.1b-€663,701,742.0027.7x-38.4x6.3x
Mon, 13 Nov 2023€24.1b€4.0b-€641,170,224.0026.2x-37.6x6x
Wed, 11 Oct 2023€23.3b€3.9b-€576,667,697.0027.9x-40.4x6x
Fri, 08 Sep 2023€23.3b€3.9b-€536,325,529.0028x-43.5x6x
Sun, 06 Aug 2023€23.4b€3.9b-€447,550,537.0029.1x-52.4x6x
Tue, 04 Jul 2023€23.5b€3.9b€766.6m28.7x30.7x6.1x
Thu, 01 Jun 2023€22.6b€3.6b€873.2m20x25.8x6.3x
Sat, 29 Apr 2023€22.8b€3.6b€821.0m20x27.8x6.3x
Mon, 27 Mar 2023€12.7b€2.9b€590.4m12.4x21.6x4.4x
Wed, 22 Feb 2023€23.9b€3.6b€2.3b17.8x10.5x6.6x
Fri, 20 Jan 2023€23.6b€3.6b€2.4b17.6x10x6.5x
Sun, 18 Dec 2022€22.8b€3.7b€2.4b17.4x9.6x6.2x
Tue, 15 Nov 2022€23.1b€3.7b€2.4b17.1x9.8x6.2x
Thu, 13 Oct 2022€21.6b€3.7b€2.2b18.5x9.9x5.9x
Sat, 10 Sep 2022€23.5b€3.6b€2.2b19.3x10.9x6.6x
Mon, 08 Aug 2022€23.4b€3.6b€2.1b20.1x11.2x6.6x
Wed, 06 Jul 2022€23.0b€3.5b€1.7b20.1x13.4x6.5x
Fri, 03 Jun 2022€24.5b€3.7b€1.7b23.1x14.6x6.7x
Sun, 01 May 2022€24.9b€4.2b€1.5b27x16.1x5.9x
Tue, 29 Mar 2022€25.3b€4.2b€1.5b27x16.5x6x
Thu, 24 Feb 2022€24.2b€3.3b€751.6m30.7x32.2x7.2x
Sat, 22 Jan 2022€24.5b€3.3b€746.7m28.7x32.8x7.3x
Mon, 20 Dec 2021€24.3b€3.3b€765.4m27x31.8x7.3x
Wed, 17 Nov 2021€25.0b€3.1b€748.6m27x33.4x8x
Fri, 15 Oct 2021€24.4b€2.9b€677.6m26.9x36.1x8.3x
Sun, 12 Sep 2021€23.8b€2.9b€580.7m29x40.9x8.2x
Tue, 10 Aug 2021€24.3b€2.9b€590.9m28.6x41.1x8.3x
Mon, 03 May 2021€23.3b€3.0b€42.7m32.2x544.9x7.8x
Price to Earnings Ratio

-353.6x


Total Market Cap: €22.4bTotal Earnings: -€63,461,261.00Total Revenue: €2.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Spanish Real Estate Sector Price to Earnings3Y Average 44.2x202220232024
Current Industry PE
  • Investors are pessimistic on the Spanish Real Estate industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 6.8x is higher than the industry's current PS ratio of 6.0x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have deteriorated over the last three years.
  • Meanwhile revenues for these companies have grown 16% 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 caused losses to expand.

Industry Trends

Which industries have driven the changes within the Spanish Real Estate sector?

ES Market-0.48%
Real Estate-0.87%
Specialized REITs0%
Industrial REITs0%
Health Care REITs0%
Retail REITs0%
Residential REITs-0.15%
Hotel and Resort REITs-0.64%
Office REITs-1.03%
REITS-1.14%
Real Estate-1.25%
Industry PE
  • Investors are most optimistic about the Real Estate industry which is trading above its 3-year average PE ratio of 81.4x.
    • Analysts are expecting annual earnings growth of 48.8%, which is higher than its past year's earnings decline of 35.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the REITS industry, expecting annual earnings growth of 80% over the next 5 years.
  • This is better than its past earnings decline of 25% per year.
  • In contrast, the Residential REITs industry is expected to see its earnings decline by 65% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
RLIA Realia Business€1.040.5%
+€4.1m
-1.0%PE36.6x
CEV Compañía Española de Viviendas en Alquiler€6.001.7%
+€2.3m
-11.1%PE13.6x
YIPS Inversa Prime SOCIMI€1.240.8%
+€779.8k
-1.6%n/a
LIB Libertas 7€1.081.9%
+€422.3k
13.7%PE11.5x
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Latest News

ARM

€6.20

Árima Real Estate SOCIMI

7D

-4.6%

1Y

-25.3%

AEDAS

€18.10

Aedas Homes

7D

-5.1%

1Y

22.8%

MVC

€7.59

Metrovacesa

7D

-2.8%

1Y

7.8%

LIB

€1.08

Libertas 7

7D

1.9%

1Y

13.7%

RLIA

€1.04

Realia Business

7D

0.5%

1Y

-1.0%

COL

€5.15

Inmobiliaria Colonial SOCIMI

7D

-1.3%

1Y

-24.6%

YTRA

€4.44

Trajano Iberia Socimi

7D

-4.3%

1Y

-9.4%

MRL

€9.17

MERLIN Properties SOCIMI

7D

-1.7%

1Y

1.4%

LRE

€6.30

Lar España Real Estate SOCIMI

7D

-1.6%

1Y

31.3%

YMHRE

€2.50

Millenium Hospitality Real Estate SOCIMI

7D

-1.6%

1Y

-30.6%

YIPS

€1.24

Inversa Prime SOCIMI

7D

0.8%

1Y

-1.6%