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Spanish (IBEX) Real Estate Development Industry Analysis

UpdatedNov 26, 2022
DataAggregated Company Financials
Companies4
  • 7D1.0%
  • 3M-7.1%
  • 1Y-21.0%
  • YTD-18.9%

Over the last 7 days, the Real Estate Development industry has dropped 3.1%, driven by a pullback from Urbas Grupo Financiero of 11%. In contrast, Renta Corporación Real Estate has gained 12%. However, the industry is down 22% over the past year. Looking forward, earnings are expected to remain mostly flat in the next few years.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 27 Nov 2022€2.3b€1.7b€184.0m8.7x12.5x1.4x
Tue, 25 Oct 2022€2.1b€1.7b€185.3m8.5x11.3x1.2x
Thu, 22 Sep 2022€2.3b€1.6b€199.4m8.4x11.6x1.4x
Sat, 20 Aug 2022€2.4b€1.6b€199.4m8.2x11.9x1.5x
Mon, 18 Jul 2022€2.3b€1.6b€196.1m7.7x11.7x1.4x
Wed, 15 Jun 2022€2.7b€1.6b€196.1m9.6x13.6x1.6x
Fri, 13 May 2022€2.7b€2.2b€207.9m8.8x13.1x1.3x
Sun, 10 Apr 2022€2.8b€2.2b€207.9m9x13.6x1.3x
Tue, 08 Mar 2022€2.5b€2.2b€207.9m8.6x12x1.2x
Thu, 03 Feb 2022€2.6b€1.4b€109.6m8.5x24.1x1.9x
Sat, 01 Jan 2022€2.6b€1.4b€109.6m8x24.2x1.9x
Mon, 29 Nov 2021€2.8b€1.4b€109.6m8.4x25.2x2x
Wed, 27 Oct 2021€2.8b€1.1b€56.5m10.5x49.1x2.6x
Fri, 24 Sep 2021€3.0b€977.0m€265.1k38.4x11260.9x3.1x
Sun, 22 Aug 2021€3.0b€977.0m€265.1k36.6x11235.5x3x
Fri, 09 Jul 2021€2.7b€977.0m€265.1k34.2x10105.2x2.7x
Thu, 01 Apr 2021€2.9b€874.7m-€72,381,851.0038.8x-39.6x3.3x
Sun, 03 Jan 2021€2.6b€468.0m-€161,754,500.00938x-15.8x5.5x
Wed, 07 Oct 2020€2.5b€546.0m-€64,508,413.0059.3x-38.6x4.6x
Tue, 30 Jun 2020€2.0b€567.9m-€60,260,957.0055.4x-32.6x3.5x
Fri, 03 Apr 2020€1.8b€678.1m€48.3m21.3x37.7x2.7x
Mon, 06 Jan 2020€2.7b€568.4m€42.7m19.3x63.3x4.8x
Price to Earnings Ratio

560.2x


Total Market Cap: €2.6bTotal Earnings: €4.7mTotal Revenue: €392.6mTotal Market Cap vs Earnings and Revenue0%0%0%
Spanish Real Estate Development Industry Price to Earnings3Y Average 876.3x202020212022
Current Industry PE
  • Investors are pessimistic on the Spanish Real Estate Development 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 12.4x which is lower than its 3-year average PE of 880x.
  • The 3-year average PS ratio of 3.1x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Real Estate Development industry have grown 241% per year over the last three years.
  • Revenues for these companies have grown 63% 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 Spanish Real Estate Development compare with similar industries?

ES Market3.27%
Real Estate0.86%
Real Estate0.08%
Real Estate Development0.98%
Real Estate Services0%
Diversified Real Estate-0.11%
Real Estate Operating Companies-0.50%
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?

CompanyLast Price7D1YValuation
AEDAS Aedas Homes€14.504.3%
+€26.5m
-42.0%PB0.7x
MVC Metrovacesa€7.121.9%
+€19.7m
-3.5%PB0.5x
REN Renta Corporación Real Estate€1.524.8%
+€2.2m
-19.8%PB0.6x
Simply Wall St
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17-21 Bellevue Street, Surry Hills, Sydney
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Latest News

REN

€1.52

Renta Corporación Real Estate

7D

4.8%

1Y

-19.8%

MVC

€7.12

Metrovacesa

7D

1.9%

1Y

-3.5%

AEDAS

€14.50

Aedas Homes

7D

4.3%

1Y

-42.0%