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Finnish (OMX) Real Estate Sector Analysis

UpdatedNov 24, 2024
DataAggregated Company Financials
Companies6
  • 7D-2.2%
  • 3M-6.3%
  • 1Y-14.8%
  • YTD-23.0%

Over the last 7 days, the Real Estate industry has dropped 2.2%, driven by declines in Kojamo Oyj and Citycon Oyj of 1.5% and 4.8%, respectively. However, the industry is down 15% over the past year. Looking forward, earnings are forecast to grow by 85% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 24 Nov 2024€3.1b€839.9m-€201,431,000.004.4x-15.6x3.7x
Tue, 22 Oct 2024€3.2b€827.6m-€351,578,000.004.7x-9x3.8x
Thu, 19 Sep 2024€3.5b€827.6m-€351,578,000.004.7x-10x4.2x
Sat, 17 Aug 2024€3.2b€833.1m-€348,701,000.008x-9.1x3.8x
Mon, 15 Jul 2024€3.6b€799.4m-€199,911,000.009.6x-17.9x4.5x
Wed, 12 Jun 2024€3.2b€800.2m-€199,911,000.009.9x-16.3x4.1x
Fri, 10 May 2024€3.5b€782.8m-€202,851,000.0010.1x-17.1x4.4x
Sun, 07 Apr 2024€3.5b€777.7m-€216,143,000.0011.2x-16.1x4.5x
Tue, 05 Mar 2024€3.5b€776.8m-€213,843,000.008.8x-16.2x4.5x
Thu, 01 Feb 2024€3.8b€763.7m-€645,910,000.0010.2x-5.8x4.9x
Sat, 30 Dec 2023€4.1b€763.7m-€645,910,000.009.6x-6.3x5.3x
Mon, 27 Nov 2023€3.6b€741.1m-€635,146,000.009.4x-5.7x4.9x
Wed, 25 Oct 2023€2.9b€738.6m-€423,690,000.009.6x-6.8x3.9x
Fri, 22 Sep 2023€3.3b€738.6m-€423,690,000.009.9x-7.7x4.4x
Sun, 20 Aug 2023€3.1b€735.7m-€423,690,000.0010.6x-7.3x4.2x
Tue, 18 Jul 2023€3.3b€729.9m-€413,439,000.0034.9x-8.1x4.6x
Thu, 15 Jun 2023€3.6b€729.9m-€413,439,000.0030x-8.8x5x
Sat, 13 May 2023€3.6b€719.8m-€409,373,000.0032.2x-8.9x5x
Mon, 10 Apr 2023€4.0b€724.8m-€409,273,000.0010.7x-9.7x5.5x
Wed, 08 Mar 2023€4.5b€724.8m-€409,273,000.0011.4x-11x6.2x
Fri, 03 Feb 2023€5.1b€724.5m€842.4m5.1x6.1x7.1x
Sun, 01 Jan 2023€4.8b€724.5m€842.4m4.7x5.6x6.6x
Tue, 29 Nov 2022€4.9b€724.4m€842.4m4.9x5.8x6.8x
Thu, 27 Oct 2022€4.6b€713.3m€807.3m5.6x5.7x6.4x
Sat, 24 Sep 2022€4.5b€713.3m€807.3m5.9x5.5x6.2x
Mon, 22 Aug 2022€5.5b€714.1m€802.7m7x6.8x7.7x
Wed, 20 Jul 2022€5.3b€711.7m€1.0b8x5.1x7.4x
Fri, 17 Jun 2022€5.3b€711.7m€1.0b7.6x5.1x7.5x
Sun, 15 May 2022€5.7b€712.9m€1.0b11.1x5.6x8.1x
Tue, 12 Apr 2022€6.7b€712.0m€1.1b11.6x6x9.5x
Thu, 10 Mar 2022€6.5b€706.4m€1.1b10.9x5.8x9.2x
Sat, 05 Feb 2022€6.3b€679.2m€670.6m17x9.4x9.3x
Mon, 03 Jan 2022€6.6b€679.2m€670.6m17.3x9.9x9.8x
Wed, 01 Dec 2021€6.4b€679.2m€670.6m16.9x9.5x9.4x
Price to Earnings Ratio

9.5x


Total Market Cap: €6.4bTotal Earnings: €670.6mTotal Revenue: €679.2mTotal Market Cap vs Earnings and Revenue0%0%0%
Finnish Real Estate Sector Price to Earnings3Y Average -3.7x202220232024
Current Industry PE
  • Investors are pessimistic on the Finnish 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 6.0x is higher than the industry's current PS ratio of 3.7x.
Past Earnings Growth
  • Total earnings for the Real Estate industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 7.3% 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 decreased profits.

Industry Trends

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

FI Market-1.20%
Real Estate-2.22%
REITS0%
Specialized REITs0%
Residential REITs0%
Hotel and Resort REITs0%
Industrial REITs0%
Health Care REITs0%
Retail REITs0%
Office REITs0%
Real Estate-2.22%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 85% over the next 5 years.
    • This is better than its past earnings growth rate of 27% per year.
    • In contrast, the Real Estate industry is expected to see its earnings grow by 85% 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
    ASUNTO Asuntosalkku Oyj€77.501.3%
    +€986.6k
    1.3%PS4.7x
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    Latest News

    CTY1S

    €3.38

    Citycon Oyj

    7D

    -4.8%

    1Y

    -36.0%

    OVARO

    €3.37

    Ovaro Kiinteistösijoitus Oyj

    7D

    -1.2%

    1Y

    -0.6%

    KOJAMO

    €9.39

    Kojamo Oyj

    7D

    -1.5%

    1Y

    -7.8%

    ASUNTO

    €77.50

    Asuntosalkku Oyj

    7D

    1.3%

    1Y

    1.3%