It's A Story Of Risk Vs Reward With Renta Corporación Real Estate, S.A. (BME:REN)
Apr 11
Spanish (IBEX) Real Estate Development Industry Analysis
UpdatedApr 18, 2024
DataAggregated Company Financials
Companies4
- 7D-0.1%
- 3M-2.2%
- 1Y4.2%
- YTDn/a
The Real Estate Development industry has stayed flat over the last week. The past year has been better, since the industry has gained 4.2% in that time. Earnings are forecast to grow by 29% annually.
Industry Valuation and Performance
Has the Spanish Real Estate Development Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 19 Apr 2024 | €2.2b | €1.9b | €99.1m | 7.4x | 22.2x | 1.2x |
| Sun, 17 Mar 2024 | €2.2b | €1.9b | €99.1m | 7.7x | 21.9x | 1.2x |
| Tue, 13 Feb 2024 | €2.2b | €1.7b | €40.4m | 11.9x | 55.5x | 1.3x |
| Thu, 11 Jan 2024 | €2.3b | €1.7b | €40.4m | 11x | 55.9x | 1.3x |
| Sat, 09 Dec 2023 | €2.3b | €1.7b | €40.4m | 11.6x | 57.2x | 1.4x |
| Mon, 06 Nov 2023 | €2.2b | €1.7b | €43.9m | 12.4x | 50.1x | 1.3x |
| Wed, 04 Oct 2023 | €2.1b | €1.7b | €43.9m | 12.9x | 48.5x | 1.3x |
| Fri, 01 Sep 2023 | €2.0b | €1.7b | €46.7m | 8.6x | 42.4x | 1.2x |
| Sun, 30 Jul 2023 | €2.1b | €1.7b | €46.7m | 10.2x | 45x | 1.2x |
| Tue, 27 Jun 2023 | €2.2b | €1.7b | €87.1m | 11.2x | 24.7x | 1.2x |
| Thu, 25 May 2023 | €2.0b | €1.6b | €57.7m | 11.3x | 34x | 1.3x |
| Sat, 22 Apr 2023 | €2.1b | €1.6b | €72.0m | 13.5x | 29.4x | 1.3x |
| Mon, 20 Mar 2023 | €1.9b | €1.6b | €72.0m | 12.4x | 26.8x | 1.2x |
| Wed, 15 Feb 2023 | €2.2b | €1.6b | €158.6m | 8.3x | 13.6x | 1.3x |
| Fri, 13 Jan 2023 | €2.1b | €1.6b | €158.6m | 8.8x | 13.5x | 1.3x |
| Sun, 11 Dec 2022 | €2.1b | €1.6b | €158.6m | 8.6x | 13.3x | 1.3x |
| Tue, 08 Nov 2022 | €2.3b | €1.7b | €184.0m | 9.1x | 12.7x | 1.4x |
| Thu, 06 Oct 2022 | €2.1b | €1.7b | €185.3m | 8.7x | 11.5x | 1.3x |
| Sat, 03 Sep 2022 | €2.5b | €1.6b | €199.4m | 9.2x | 12.6x | 1.5x |
| Mon, 01 Aug 2022 | €2.3b | €1.6b | €199.4m | 7.4x | 11.4x | 1.4x |
| Wed, 29 Jun 2022 | €2.5b | €1.6b | €196.1m | 9.1x | 13x | 1.6x |
| Fri, 27 May 2022 | €2.6b | €1.6b | €207.9m | 8.8x | 12.5x | 1.6x |
| Sun, 24 Apr 2022 | €2.8b | €2.2b | €207.9m | 9.1x | 13.4x | 1.3x |
| Tue, 22 Mar 2022 | €2.7b | €2.2b | €207.9m | 9.3x | 13x | 1.3x |
| Thu, 17 Feb 2022 | €2.7b | €1.4b | €109.6m | 8.7x | 24.7x | 1.9x |
| Sat, 15 Jan 2022 | €2.7b | €1.4b | €109.6m | 8.5x | 24.6x | 1.9x |
| Mon, 13 Dec 2021 | €2.7b | €1.4b | €109.6m | 8x | 24.7x | 1.9x |
| Wed, 10 Nov 2021 | €2.8b | €1.2b | €75.2m | 10.2x | 37.4x | 2.3x |
| Fri, 08 Oct 2021 | €2.7b | €1.1b | €56.5m | 10.5x | 48.1x | 2.6x |
| Sun, 05 Sep 2021 | €3.0b | €977.0m | €265.1k | 36.2x | 11205.4x | 3x |
| Tue, 03 Aug 2021 | €2.9b | €977.0m | €265.1k | 37.7x | 10868.1x | 2.9x |
| Fri, 07 May 2021 | €2.8b | €874.7m | -€72,381,851.00 | 37.3x | -39.2x | 3.2x |
Price to Earnings Ratio
-39.2x
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 22.2x which is lower than its 3-year average PE of 883x.
- The 3-year average PS ratio of 1.7x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- Total earnings for the Real Estate Development industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 29% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Spanish Real Estate Development compare with similar industries?
| ES Market | -0.63% | |
| Real Estate | 0.14% | |
| Real Estate | -0.30% | |
| Real Estate Development | -0.13% | |
| Real Estate Services | 0% | |
| Real Estate Operating Companies | -0.30% | |
| Diversified Real Estate | -2.40% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MVC Metrovacesa | €8.16 | 0.5% +€6.1m | 8.1% | PS2.1x | |
| REN Renta Corporación Real Estate | €0.86 | 1.7% +€451.0k | -43.2% | PS0.7x |