Is LAMDA Development (ATH:LAMDA) Using Too Much Debt?
Oct 11
Have your own idea? Try our Stock Screener
Greek (ASE) Real Estate Sector Analysis
UpdatedNov 14, 2025
DataAggregated Company Financials
Companies11
- 7D-0.07%
- 3M0.8%
- 1Y1.7%
- YTD0.3%
The Real Estate industry has been flat over the last week, but Trastor Real Estate Investment Company has lost 5.4%. Furthermore, the industry has been flat for the past year as well. Looking forward, earnings are forecast to grow by 8.0% annually.
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, 16 Nov 2025 | €4.3b | €1.2b | €551.9m | 8.1x | 7.8x | 3.6x |
| Tue, 14 Oct 2025 | €4.4b | €1.2b | €549.3m | 8x | 8x | 3.7x |
| Thu, 11 Sep 2025 | €4.3b | €1.1b | €378.3m | 8.8x | 11.4x | 4x |
| Sat, 09 Aug 2025 | €4.2b | €1.1b | €381.6m | 8.8x | 11x | 4x |
| Mon, 07 Jul 2025 | €4.1b | €1.1b | €381.6m | 8.4x | 10.8x | 3.9x |
| Wed, 04 Jun 2025 | €4.2b | €1.1b | €381.6m | 8.6x | 10.9x | 3.9x |
| Fri, 02 May 2025 | €4.1b | €1.1b | €388.8m | 8.4x | 10.5x | 3.7x |
| Sun, 30 Mar 2025 | €4.1b | €1.0b | €338.3m | 8.8x | 12.2x | 3.9x |
| Tue, 25 Feb 2025 | €3.8b | €969.8m | €273.5m | 8.1x | 14.1x | 4x |
| Thu, 23 Jan 2025 | €4.0b | €969.8m | €273.5m | 8x | 14.5x | 4.1x |
| Sat, 21 Dec 2024 | €4.0b | €973.7m | €274.6m | 11.7x | 14.6x | 4.1x |
| Mon, 18 Nov 2024 | €4.0b | €973.0m | €274.6m | 12.2x | 14.5x | 4.1x |
| Wed, 16 Oct 2024 | €4.1b | €868.7m | €181.8m | 12.5x | 22.6x | 4.7x |
| Fri, 13 Sep 2024 | €4.2b | €814.4m | €226.2m | 17.5x | 18.5x | 5.1x |
| Sun, 11 Aug 2024 | €4.2b | €810.0m | €227.3m | 17.7x | 18.6x | 5.2x |
| Tue, 09 Jul 2024 | €4.1b | €807.2m | €222.0m | 17.1x | 18.6x | 5.1x |
| Thu, 06 Jun 2024 | €4.5b | €723.3m | €254.0m | 14.2x | 17.8x | 6.2x |
| Sat, 04 May 2024 | €4.2b | €719.9m | €215.8m | 13.9x | 19.4x | 5.8x |
| Mon, 01 Apr 2024 | €4.1b | €565.8m | €205.0m | 18.9x | 19.9x | 7.2x |
| Wed, 28 Feb 2024 | €4.1b | €538.1m | €169.0m | 23x | 24.4x | 7.7x |
| Fri, 26 Jan 2024 | €4.3b | €563.8m | €193.1m | 18.9x | 22.3x | 7.7x |
| Sun, 24 Dec 2023 | €4.3b | €563.8m | €193.0m | 18.9x | 22.1x | 7.6x |
| Tue, 21 Nov 2023 | €4.1b | €516.3m | €178.2m | 19.7x | 23x | 7.9x |
| Thu, 19 Oct 2023 | €3.7b | €516.0m | €178.5m | 19.6x | 21x | 7.3x |
| Sat, 16 Sep 2023 | €3.7b | €437.8m | €156.0m | 9.9x | 23.9x | 8.5x |
| Mon, 14 Aug 2023 | €3.9b | €438.2m | €155.8m | 10.2x | 25.1x | 8.9x |
| Wed, 12 Jul 2023 | €4.1b | €442.3m | €146.1m | 15.2x | 28.4x | 9.4x |
| Fri, 09 Jun 2023 | €4.0b | €442.3m | €146.1m | 15.2x | 27.4x | 9x |
| Sun, 07 May 2023 | €4.0b | €384.2m | €116.2m | 16.3x | 34.2x | 10.3x |
| Tue, 04 Apr 2023 | €4.1b | €328.3m | €150.3m | 14.7x | 27.3x | 12.5x |
| Thu, 02 Mar 2023 | €4.3b | €328.3m | €150.3m | 14.7x | 28.6x | 13.1x |
| Sat, 28 Jan 2023 | €4.0b | €328.3m | €150.3m | 13.6x | 26.7x | 12.2x |
| Mon, 26 Dec 2022 | €4.2b | €328.3m | €150.3m | 14.9x | 27.7x | 12.7x |
| Wed, 23 Nov 2022 | €4.1b | €321.9m | €163.0m | 15.4x | 25.4x | 12.9x |
Price to Earnings Ratio
25.4x
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 7.8x which is lower than its 3-year average PE of 20.0x.
- The 3-year average PS ratio of 6.9x is higher than the industry's current PS ratio of 3.6x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have grown 50% per year over the last three years.
- Revenues for these companies have grown 55% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Greek Real Estate sector?
| GR Market | 3.44% | |
| Real Estate | -0.07% | |
| Real Estate | 1.05% | |
| Retail REITs | 0.56% | |
| REITS | -0.91% | |
Industry PE
- Investors are most optimistic about the REITS industry even though it's trading below its 3-year average PE ratio of 13.8x.
- Analysts are expecting annual earnings decline of 10.5%, which is lower than the prior year's growth of 29.8% per year.
- Investors are most pessimistic about the Real Estate industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 4.7x.
Forecasted Growth
- Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 14% over the next 5 years.
- However this is lower than its past earnings growth rate of 83% per year.
- In contrast, the REITS industry is expected to see its earnings decline 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 | |
|---|---|---|---|---|---|
| LAMDA LAMDA Development | €7.25 | 1.1% +€13.7m | -1.2% | PE6.4x | |
| NOVAL Noval Property Real Estate Investment | €2.72 | 2.6% +€8.9m | 13.3% | PB0.6x | |
| KEKR Kekrops | €2.10 | 4.0% +€1.6m | 70.7% | PS7.5x | |
| PREMIA Premia Real Estate Investment Company Societe Anonyme | €1.33 | 1.2% +€1.5m | 10.4% | PE4x | |
| TRESTATES Trade Estates REIC | €1.78 | 0.6% +€1.2m | 9.2% | PB0.7x |