BASSAC Société anonyme's (EPA:BASS) Soft Earnings Don't Show The Whole Picture
Apr 24
French (CAC) Real Estate Industry Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies36
- 7D-0.5%
- 3M-9.1%
- 1Y-30.0%
- YTD-12.8%
The Real Estate is pretty flat in the last 7 days, but BASSAC Société anonyme has stood out, gaining 5.3%. Unfortunately though, the industry is down 30% over the past 12 months. Looking forward, earnings are forecast to grow by 44% annually.
Industry Valuation and Performance
Has the French Real Estate Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | €4.0b | €9.1b | -€280,981,447.00 | 15.9x | -14.1x | 0.4x |
| Sun, 24 Mar 2024 | €3.9b | €9.1b | -€206,305,166.00 | 14.9x | -19.1x | 0.4x |
| Tue, 20 Feb 2024 | €4.4b | €9.8b | €287.3m | 15.7x | 15.2x | 0.4x |
| Thu, 18 Jan 2024 | €4.8b | €9.8b | €309.7m | 16.1x | 15.3x | 0.5x |
| Sat, 16 Dec 2023 | €4.6b | €9.8b | €317.3m | 15.5x | 14.6x | 0.5x |
| Mon, 13 Nov 2023 | €4.4b | €9.9b | €332.9m | 15x | 13.3x | 0.4x |
| Wed, 11 Oct 2023 | €4.4b | €9.8b | €358.2m | 14.6x | 12.3x | 0.4x |
| Fri, 08 Sep 2023 | €4.7b | €9.8b | €363.9m | 15x | 13x | 0.5x |
| Sun, 06 Aug 2023 | €4.8b | €9.8b | €363.9m | 15x | 13.1x | 0.5x |
| Tue, 04 Jul 2023 | €5.0b | €9.9b | €480.8m | 12.7x | 10.3x | 0.5x |
| Thu, 01 Jun 2023 | €5.1b | €10.0b | €505.3m | 10.3x | 10x | 0.5x |
| Sat, 29 Apr 2023 | €5.7b | €9.9b | €526.6m | 9.5x | 10.7x | 0.6x |
| Mon, 27 Mar 2023 | €5.4b | €9.6b | €524.0m | 9.5x | 10.4x | 0.6x |
| Wed, 22 Feb 2023 | €5.6b | €9.7b | €496.7m | 12.1x | 11.3x | 0.6x |
| Fri, 20 Jan 2023 | €5.6b | €9.7b | €491.7m | 11.7x | 11.4x | 0.6x |
| Sun, 18 Dec 2022 | €5.3b | €9.7b | €483.8m | 11.8x | 11.1x | 0.6x |
| Tue, 15 Nov 2022 | €5.3b | €9.7b | €480.6m | 12.7x | 11x | 0.5x |
| Thu, 13 Oct 2022 | €5.0b | €9.7b | €480.7m | 12.5x | 10.4x | 0.5x |
| Sat, 10 Sep 2022 | €5.4b | €9.7b | €463.5m | 13.4x | 11.6x | 0.6x |
| Mon, 08 Aug 2022 | €5.4b | €9.7b | €463.5m | 13.4x | 11.6x | 0.6x |
| Wed, 06 Jul 2022 | €5.3b | €9.9b | €687.2m | 8.9x | 7.7x | 0.5x |
| Fri, 03 Jun 2022 | €5.6b | €9.9b | €680.9m | 10.4x | 8.2x | 0.6x |
| Sun, 01 May 2022 | €5.7b | €9.9b | €677.3m | 10.1x | 8.4x | 0.6x |
| Tue, 29 Mar 2022 | €5.9b | €9.9b | €676.8m | 12.1x | 8.7x | 0.6x |
| Thu, 24 Feb 2022 | €6.3b | €10.3b | €701.2m | 11.4x | 9x | 0.6x |
| Sat, 22 Jan 2022 | €6.3b | €10.3b | €669.7m | 11.5x | 9.5x | 0.6x |
| Mon, 20 Dec 2021 | €6.5b | €10.3b | €665.1m | 11.1x | 9.7x | 0.6x |
| Wed, 17 Nov 2021 | €6.5b | €10.3b | €670.6m | 12.1x | 9.7x | 0.6x |
| Fri, 15 Oct 2021 | €6.5b | €10.2b | €670.0m | 9.3x | 9.7x | 0.6x |
| Sun, 12 Sep 2021 | €6.9b | €10.2b | €650.4m | 10.7x | 10.6x | 0.7x |
| Tue, 10 Aug 2021 | €6.6b | €10.1b | €635.2m | 10.8x | 10.3x | 0.6x |
| Mon, 03 May 2021 | €6.2b | €9.8b | €488.2m | 10.2x | 12.7x | 0.6x |
Price to Earnings Ratio
12.7x
Current Industry PE
- Investors are pessimistic on the French Real Estate industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading close to its 3-year average PS ratio of 0.56x.
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.
- Revenues have also declined 2.6% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the French Real Estate industry?
| FR Market | -0.25% | |
| Real Estate | 0.69% | |
| Real Estate | -0.54% | |
| Real Estate Services | -0.03% | |
| Real Estate Operating Companies | -0.085% | |
| Diversified Real Estate | -0.22% | |
| Real Estate Development | -0.85% | |
Industry PE
- Investors are most optimistic about the Real Estate Operating Companies industry which is trading above its 3-year average PE ratio of 37.6x.
- 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 47% over the next 5 years.
- This is better than its past earnings decline of 40% per year.
- In contrast, the Diversified Real Estate 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BASS BASSAC Société anonyme | €43.00 | 1.7% +€11.5m | -15.0% | PE10.9x | |
| ORIA Fiducial Real Estate | €181.00 | 1.7% +€7.2m | -5.7% | PE13.6x | |
| ALCAP Capelli | €5.46 | 4.6% +€525.9k | -43.0% | PS0.08x | |
| COUR Courtois | €127.00 | 3.3% +€289.4k | 0.8% | PS9.8x | |
| ALIMO Groupimo | €0.28 | 7.7% +€26.5k | -78.3% | PE18.2x |
