Have your own idea? Try our Stock Screener
Spanish (IBEX) Real Estate Sector Analysis
UpdatedSep 30, 2025
DataAggregated Company Financials
Companies102
- 7D-0.07%
- 3M1.0%
- 1Y1.7%
- YTD5.9%
Over the last 7 days, the Real Estate industry has remained flat. Furthermore, the industry has been flat for the past year as well. Looking forward, earnings are forecast to grow by 6.5% annually.
Sector Valuation and Performance
Has the Spanish Real Estate Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 01 Oct 2025 | €30.9b | €4.4b | €2.1b | 21.4x | 14.7x | 7x |
| Fri, 29 Aug 2025 | €29.6b | €4.2b | €2.0b | 21.7x | 15.1x | 7x |
| Sun, 27 Jul 2025 | €28.9b | €4.3b | €1.5b | 21.7x | 19.9x | 6.7x |
| Tue, 24 Jun 2025 | €28.2b | €4.5b | €1.3b | 22.6x | 21.4x | 6.2x |
| Thu, 22 May 2025 | €28.1b | €4.6b | €1.3b | 23.6x | 21.9x | 6.2x |
| Sat, 19 Apr 2025 | €27.1b | €4.5b | €856.8m | 24.5x | 31.6x | 6x |
| Mon, 17 Mar 2025 | €26.9b | €4.4b | €938.3m | 23.6x | 28.7x | 6.1x |
| Wed, 12 Feb 2025 | €28.3b | €4.5b | -€85,179,130.00 | 25.6x | -332.3x | 6.3x |
| Fri, 10 Jan 2025 | €27.5b | €4.5b | -€85,179,130.00 | 25.6x | -323x | 6.1x |
| Sun, 08 Dec 2024 | €27.5b | €4.4b | -€88,200,512.00 | 25.6x | -312.1x | 6.3x |
| Tue, 05 Nov 2024 | €27.4b | €4.5b | -€174,840,296.00 | 26.1x | -157x | 6.1x |
| Thu, 03 Oct 2024 | €28.5b | €4.4b | -€191,593,741.00 | 24x | -148.8x | 6.4x |
| Sat, 31 Aug 2024 | €28.0b | €4.4b | -€216,426,361.00 | 23.7x | -129.4x | 6.3x |
| Mon, 29 Jul 2024 | €26.1b | €4.3b | -€645,569,715.00 | 26.9x | -40.5x | 6.1x |
| Wed, 26 Jun 2024 | €25.5b | €4.3b | -€854,783,197.00 | 22.8x | -29.9x | 6x |
| Fri, 24 May 2024 | €25.8b | €4.1b | -€895,209,191.00 | 25.6x | -28.8x | 6.2x |
| Sun, 21 Apr 2024 | €24.9b | €4.1b | -€818,108,722.00 | 24.9x | -30.4x | 6x |
| Tue, 19 Mar 2024 | €24.2b | €4.1b | -€802,624,538.00 | 26.3x | -30.2x | 5.9x |
| Thu, 15 Feb 2024 | €23.9b | €3.9b | -€706,833,735.00 | 27.8x | -33.8x | 6.1x |
| Sat, 13 Jan 2024 | €25.0b | €4.0b | -€695,772,489.00 | 27.7x | -35.9x | 6.2x |
| Mon, 11 Dec 2023 | €25.3b | €4.1b | -€662,035,097.00 | 26.1x | -38.1x | 6.2x |
| Wed, 08 Nov 2023 | €24.2b | €4.0b | -€517,679,720.00 | 24.4x | -46.8x | 6x |
| Fri, 06 Oct 2023 | €23.0b | €3.9b | -€576,667,697.00 | 27.9x | -39.8x | 5.9x |
| Sun, 03 Sep 2023 | €23.4b | €3.9b | -€508,701,531.00 | 29x | -45.9x | 6x |
| Tue, 01 Aug 2023 | €23.6b | €3.9b | -€406,742,537.00 | 27.9x | -58x | 6x |
| Thu, 29 Jun 2023 | €23.2b | €3.9b | €888.0m | 28.7x | 26.2x | 6x |
| Sat, 27 May 2023 | €22.5b | €3.6b | €872.3m | 19.9x | 25.8x | 6.3x |
| Mon, 24 Apr 2023 | €22.8b | €3.6b | €821.0m | 20x | 27.8x | 6.3x |
| Wed, 22 Mar 2023 | €12.9b | €2.9b | €590.4m | 12.6x | 21.9x | 4.4x |
| Fri, 17 Feb 2023 | €24.0b | €3.6b | €2.3b | 17.8x | 10.5x | 6.6x |
| Sun, 15 Jan 2023 | €23.9b | €3.6b | €2.4b | 17.7x | 10.2x | 6.6x |
| Tue, 13 Dec 2022 | €22.9b | €3.7b | €2.4b | 17.5x | 9.6x | 6.2x |
| Thu, 10 Nov 2022 | €23.1b | €3.7b | €2.3b | 17.1x | 9.9x | 6.2x |
| Sat, 08 Oct 2022 | €21.9b | €3.7b | €2.2b | 18.5x | 10.1x | 6x |
Price to Earnings Ratio
10.1x
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 industry is trading at a PE ratio of 14.7x which is higher than its 3-year average PE of -47.7x.
- The 3-year average PS ratio of 6.2x is lower than the industry's current PS ratio of 7.0x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 6.6% 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 and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Spanish Real Estate sector?
| ES Market | 1.30% | |
| Real Estate | -0.066% | |
| Residential REITs | 0.20% | |
| Industrial REITs | 0% | 0 |
| Health Care REITs | 0% | 0 |
| Office REITs | 0% | 0 |
| REITS | -0.0061% | |
| Retail REITs | -0.016% | |
| Real Estate | -0.20% | |
| Hotel and Resort REITs | -0.75% | |
Industry PE
- Investors are most optimistic about the Real Estate industry even though it's trading below its 3-year average PE ratio of 87.8x.
- Analysts are expecting annual earnings growth of 21.8%, which is lower than the prior year's growth of 34.1% per year.
Forecasted Growth
- Analysts are most optimistic on the Hotel and Resort REITs industry, expecting annual earnings growth of 28% over the next 5 years.
- However this is lower than its past earnings growth rate of 194% per year.
- In contrast, the Office REITs industry is expected to see its earnings decline by 6.6% 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 | |
|---|---|---|---|---|---|
| MRL MERLIN Properties SOCIMI | €12.84 | 0.9% +€67.5m | 13.1% | PB0.9x | |
| COL Inmobiliaria Colonial SOCIMI | €5.56 | 0.8% +€27.5m | -10.3% | PB0.6x | |
| YVIV Vivenio Residencial SOCIMI | €1.38 | 0.7% +€7.3m | 2.2% | PB0.9x | |
| AEDAS Aedas Homes | €21.20 | 0.7% +€6.5m | -16.7% | PE6.1x | |
| YFID Fidere Patrimonio Socimi | €35.80 | 1.1% +€4.0m | 17.0% | PB78.7x |