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Spanish (IBEX) Real Estate Industry Analysis

UpdatedFeb 17, 2024
DataAggregated Company Financials
Companies28
  • 7D-1.1%
  • 3M-1.0%
  • 1Y-0.9%
  • YTD-1.7%

Over the last 7 days, the Real Estate industry has dropped 1.3%, driven by a pullback from Metrovacesa of 6.0%. Over the last year, the industry has been flat overall. As for the next few years, earnings are expected to grow by 50% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 17 Feb 2024€5.7b€2.2b€42.3m31.1x134.6x2.6x
Mon, 15 Jan 2024€6.3b€2.2b€16.7m31.1x380.4x2.9x
Wed, 13 Dec 2023€6.3b€2.2b€11.2m31.1x565.9x2.9x
Fri, 10 Nov 2023€6.3b€2.2b€12.1m31.1x520.4x2.9x
Sun, 08 Oct 2023€6.2b€2.1b€15.1m25.3x408.5x2.9x
Tue, 05 Sep 2023€6.3b€2.2b€44.9m22.8x140.8x2.9x
Thu, 03 Aug 2023€6.2b€2.2b€59.8m13x103.9x2.9x
Sat, 01 Jul 2023€6.4b€2.2b€247.0m13x25.7x2.9x
Mon, 29 May 2023€6.1b€2.0b€269.3m11.3x22.7x3x
Wed, 26 Apr 2023€6.2b€2.1b€291.7m12x21.1x2.9x
Fri, 24 Mar 2023€6.1b€2.1b€291.7m12x21x2.9x
Sun, 19 Feb 2023€6.3b€2.1b€435.3m10.1x14.5x3x
Tue, 17 Jan 2023€6.4b€2.1b€435.3m10.1x14.6x3x
Thu, 15 Dec 2022€5.7b€2.1b€432.2m10.1x13.2x2.7x
Sat, 12 Nov 2022€6.0b€2.2b€457.1m10.7x13.1x2.8x
Mon, 10 Oct 2022€5.9b€2.2b€389.6m11.2x15.1x2.7x
Wed, 07 Sep 2022€5.9b€2.1b€344.2m11.8x17.2x2.9x
Fri, 05 Aug 2022€5.5b€2.1b€343.0m11.8x16.1x2.7x
Sun, 03 Jul 2022€5.6b€2.1b€316.2m12.9x17.8x2.7x
Tue, 31 May 2022€5.8b€2.1b€310.9m12.4x18.5x2.8x
Thu, 28 Apr 2022€5.7b€2.6b€282.9m12.4x20.2x2.2x
Sat, 26 Mar 2022€5.9b€2.6b€283.0m18.3x20.7x2.2x
Mon, 21 Feb 2022€5.6b€1.9b€161.0m15.9x35x3x
Wed, 19 Jan 2022€5.5b€1.9b€161.9m19.8x34x3x
Fri, 17 Dec 2021€5.6b€1.8b€204.0m12.2x27.4x3x
Sun, 14 Nov 2021€5.8b€1.7b€169.7m12.6x34x3.5x
Tue, 12 Oct 2021€5.6b€1.5b€142.1m12.4x39.6x3.8x
Thu, 09 Sep 2021€5.6b€1.4b€83.5m20.1x67.4x4x
Sat, 07 Aug 2021€5.8b€1.4b€98.6m17.8x58.7x4.1x
Fri, 30 Apr 2021€5.6b€1.5b-€147,102,358.0015.1x-37.9x3.8x
Price to Earnings Ratio

-21x


Total Market Cap: €5.2bTotal Earnings: -€247,797,511.00Total Revenue: €1.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Spanish Real Estate Industry Price to Earnings3Y Average 81.3x202220232024
Current Industry PE
  • Investors are optimistic on the Spanish Real Estate industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 184x which is higher than its 3-year average PE of 81.1x.
  • The 3-year average PS ratio of 3.1x is higher than the industry's current PS ratio of 2.7x.
Past Earnings Growth
  • Total earnings for the Real Estate industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 27% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

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

ES Market-0.13%
Real Estate0.02%
Real Estate-1.08%
Real Estate Operating Companies0.15%
Real Estate Services0%
Diversified Real Estate-0.82%
Real Estate Development-2.93%
Industry PE
  • Investors are most optimistic about the Real Estate Services industry which is trading above its 3-year average PE ratio of 44.3x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate Development industry, expecting annual earnings growth of 53% over the next 5 years.
  • This is better than its past earnings decline of 18% per year.
  • In contrast, the Real Estate Operating Companies 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?

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
-14.9%PE13.6x
LIB Libertas 7€1.081.9%
+€422.3k
13.7%PE11.5x
REN Renta Corporación Real Estate€0.800.5%
+€128.4k
-51.2%PS0.6x
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Latest News

AEDAS

€18.28

Aedas Homes

7D

-2.9%

1Y

24.9%

MVC

€7.60

Metrovacesa

7D

-3.6%

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%

REN

€0.80

Renta Corporación Real Estate

7D

0.5%

1Y

-51.2%

YNUM

€1.89

Numulae Gestión de Servicios SOCIMI

7D

-4.5%

1Y

-4.5%

YVCP

€31.00

Veracruz Properties SOCIMI

7D

-0.6%

1Y

-3.1%

MTB

€1.36

Montebalito

7D

-3.5%

1Y

-11.7%