Greek (ASE) Real Estate Sector Analysis
UpdatedNov 26, 2022
DataAggregated Company Financials
Companies10
- 7D0.3%
- 3M-4.4%
- 1Y1.8%
- YTD-2.5%
The Real Estate industry has stayed flat over the last week. Furthermore, the industry has been flat for the past year as well.
Sector Valuation and Performance
Has the Greek Real Estate Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 27 Nov 2022 | €4.1b | €327.6m | €144.9m | 15.4x | 28.6x | 12.6x |
| Tue, 25 Oct 2022 | €4.2b | €320.8m | €162.2m | 15.4x | 25.7x | 13x |
| Thu, 22 Sep 2022 | €4.2b | €315.7m | €408.9m | 10.8x | 10.2x | 13.2x |
| Sat, 20 Aug 2022 | €4.3b | €315.7m | €408.9m | 10.8x | 10.5x | 13.6x |
| Mon, 18 Jul 2022 | €4.1b | €304.4m | €409.8m | 10.8x | 10.1x | 13.6x |
| Wed, 15 Jun 2022 | €3.9b | €303.6m | €409.1m | 11x | 9.5x | 12.7x |
| Fri, 13 May 2022 | €4.0b | €296.5m | €414.8m | 11x | 9.5x | 13.3x |
| Sun, 10 Apr 2022 | €3.9b | €283.0m | €389.9m | 12.1x | 10x | 13.8x |
| Tue, 08 Mar 2022 | €4.1b | €271.1m | €342.2m | 17.3x | 11.9x | 15x |
| Thu, 03 Feb 2022 | €4.3b | €271.1m | €342.2m | 18.1x | 12.7x | 16x |
| Sat, 01 Jan 2022 | €3.8b | €271.1m | €342.2m | 15x | 11.2x | 14.2x |
| Mon, 29 Nov 2021 | €3.8b | €268.1m | €346.0m | 14.5x | 11x | 14.3x |
| Wed, 27 Oct 2021 | €4.0b | €264.8m | €344.8m | 14.4x | 11.5x | 15x |
| Fri, 24 Sep 2021 | €4.0b | €240.1m | €24.6m | 49.6x | 164.4x | 16.9x |
| Sun, 22 Aug 2021 | €4.2b | €240.1m | €23.8m | 52.2x | 177.8x | 17.6x |
| Fri, 09 Jul 2021 | €3.9b | €240.1m | €23.8m | 38.1x | 162.3x | 16.1x |
| Thu, 01 Apr 2021 | €3.9b | €240.2m | €24.3m | 36.4x | 162.5x | 16.4x |
| Sun, 03 Jan 2021 | €3.8b | €257.3m | €30.5m | 33x | 123.9x | 14.7x |
| Wed, 07 Oct 2020 | €3.5b | €250.5m | €272.3m | 12.3x | 12.7x | 13.8x |
| Tue, 30 Jun 2020 | €3.5b | €264.2m | €287.1m | 11.2x | 12.2x | 13.2x |
| Fri, 03 Apr 2020 | €3.4b | €275.7m | €405.8m | 9.5x | 8.5x | 12.5x |
| Mon, 06 Jan 2020 | €3.5b | €264.3m | €369.4m | 12.9x | 9.4x | 13.2x |
Price to Earnings Ratio
11x
Current Industry PE
- Investors are pessimistic on the Greek Real Estate 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 28.6x which is lower than its 3-year average PE of 46.8x.
- The 3-year average PS ratio of 14.2x is higher than the industry's current PS ratio of 12.6x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have declined 14% per year over the last three years.
- Meanwhile revenues for these companies have grown 4.9% 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 Greek Real Estate sector?
| GR Market | 2.63% | |
| Real Estate | 0.35% | |
| Real Estate | 0.84% | |
| REITS | 0.035% | |
Industry PE
- Investors are most optimistic about the REITS industry even though it's trading below its 3-year average PE ratio of 15.6x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| LAMDA Lamda Development | €5.80 | 1.2% +€12.2m | -16.3% | PB0.9x | |
| DIMAND Dimand | €14.20 | 0.7% +€1.9m | n/a | n/a | |
| KEKR Kekrops | €0.99 | 7.2% +€1.3m | -53.2% | PB8.7x | |
| INTERCO Intercontinental International Real Estate Investment | €6.75 | 0.7% +€523.7k | -2.2% | PB0.9x | |
| BRIQ BriQ Properties Real Estate Investment | €1.92 | 0.5% +€353.7k | -8.6% | PB0.7x |