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French (CAC) Real Estate Sector Analysis

UpdatedJan 14, 2026
DataAggregated Company Financials
Companies83
  • 7D0.2%
  • 3M-0.4%
  • 1Y11.6%
  • YTD-0.1%

Over the last 7 days, the Real Estate industry has remained flat, although notably Covivio Hotels gained 3.1%. As for the the longer term, the industry is up 12% over the past 12 months. Earnings are forecast to grow by 16% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 14 Jan 2026€57.7b€21.0b€3.5b15.7x16.3x2.7x
Fri, 12 Dec 2025€57.0b€21.4b€3.4b15.1x16.7x2.7x
Sun, 09 Nov 2025€56.9b€21.4b€3.4b14.9x16.6x2.7x
Tue, 07 Oct 2025€56.8b€21.3b€3.4b15.8x16.6x2.7x
Thu, 04 Sep 2025€59.9b€21.7b€3.7b15.4x16.4x2.8x
Sat, 02 Aug 2025€60.6b€21.7b€3.7b15.6x16.6x2.8x
Mon, 30 Jun 2025€59.5b€22.0b€2.3b17.8x25.7x2.7x
Wed, 28 May 2025€60.2b€21.9b€2.3b15.4x25.9x2.7x
Fri, 25 Apr 2025€57.7b€22.0b€2.0b15.9x29x2.6x
Sun, 23 Mar 2025€57.8b€22.1b€2.0b19.1x28.8x2.6x
Tue, 18 Feb 2025€58.4b€21.9b-€944,180,951.0018.2x-61.9x2.7x
Thu, 16 Jan 2025€54.9b€21.4b-€4,340,259,558.0016.4x-12.7x2.6x
Sat, 14 Dec 2024€54.1b€21.4b-€4,195,317,558.0016.7x-12.9x2.5x
Mon, 11 Nov 2024€56.2b€21.3b-€4,261,221,984.0018.3x-13.2x2.6x
Wed, 09 Oct 2024€57.4b€21.6b-€4,219,103,290.0019.1x-13.6x2.7x
Fri, 06 Sep 2024€56.4b€21.7b-€4,240,479,673.0019.1x-13.3x2.6x
Sun, 04 Aug 2024€53.2b€21.6b-€4,240,738,673.0018.8x-12.5x2.5x
Tue, 02 Jul 2024€52.3b€21.8b-€7,828,929,319.0019.1x-6.7x2.4x
Thu, 30 May 2024€55.7b€21.9b-€7,817,665,424.0019.8x-7.1x2.5x
Sat, 27 Apr 2024€53.0b€21.8b-€7,789,013,727.0018.2x-6.8x2.4x
Mon, 25 Mar 2024€51.9b€22.0b-€7,519,962,446.0015.6x-6.9x2.4x
Wed, 21 Feb 2024€51.6b€22.7b-€5,490,171,446.0014.7x-9.4x2.3x
Fri, 19 Jan 2024€53.0b€22.8b-€3,116,756,446.0015.1x-17x2.3x
Sun, 17 Dec 2023€53.8b€23.0b-€3,099,091,940.0013.9x-17.4x2.3x
Tue, 14 Nov 2023€47.4b€23.0b-€3,060,502,167.0012.8x-15.5x2.1x
Thu, 12 Oct 2023€46.6b€22.9b-€3,034,734,711.0012.9x-15.4x2x
Sat, 09 Sep 2023€49.4b€22.9b-€2,663,713,503.0014.4x-18.5x2.2x
Mon, 07 Aug 2023€49.3b€22.9b-€2,400,633,503.0012.7x-20.5x2.2x
Wed, 05 Jul 2023€49.5b€23.2b€3.7b10.1x13.5x2.1x
Fri, 02 Jun 2023€47.7b€23.2b€3.7b9.9x12.9x2.1x
Sun, 30 Apr 2023€51.4b€23.2b€3.7b10x13.9x2.2x
Tue, 28 Mar 2023€43.0b€20.0b€4.0b8.7x10.9x2.1x
Thu, 23 Feb 2023€46.5b€20.1b€5.2b8.9x9x2.3x
Sat, 21 Jan 2023€46.5b€19.7b€6.8b8.5x6.9x2.4x
Price to Earnings Ratio

6.9x


Total Market Cap: €46.5bTotal Earnings: €6.8bTotal Revenue: €19.7bTotal Market Cap vs Earnings and Revenue0%0%0%
French Real Estate Sector Price to Earnings3Y Average 1.7x202420252026
Current Industry PE
  • Investors are optimistic on the French Real Estate industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 16.3x which is higher than its 3-year average PE of 1.7x.
  • The 3-year average PS ratio of 2.5x is lower than the industry's current PS ratio of 2.7x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have declined 19% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.2% 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 French Real Estate sector?

FR Market1.52%
Real Estate0.22%
Hotel and Resort REITs3.06%
Industrial REITs1.74%
Residential REITs1.74%
Real Estate0.74%
Office REITs0.48%
Specialized REITs0%0
Health Care REITs0%0
REITS-0.18%
Retail REITs-0.50%
Industry PE
  • Investors are most optimistic about the REITS industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 22.4%, which is lower than the prior year's growth of 168.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 88% over the next 5 years.
  • This is better than its past earnings growth rate of 15% per year.
  • In contrast, the Industrial REITs industry is expected to see its earnings decline by 10% 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
COVH Covivio Hotels€23.603.1%
+€110.6m
22.0%PB1.1x
ALTA Altarea€112.202.4%
+€60.6m
16.3%PB1.7x
BASS BASSAC Société anonyme€51.806.4%
+€51.7m
25.7%PE9.5x
ARG Argan€67.402.1%
+€36.0m
15.4%PB0.8x
GFC Gecina€79.850.5%
+€29.6m
-9.0%PB0.6x

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