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Greek (ASE) Real Estate Industry Analysis

UpdatedApr 13, 2024
DataAggregated Company Financials
Companies6
  • 7D0.3%
  • 3M-6.3%
  • 1Y7.6%
  • YTD-4.8%

The Real Estate industry is up 1.7% in the last week, with Dimand up 1.2%. This means that the industry has gained 9.5% over the past year. Looking forward, earnings are forecast to grow by 73% annually.

Industry Valuation and Performance

Has the Greek Real Estate Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 13 Apr 2024€1.7b€319.6m€56.0m21.9x30.5x5.3x
Mon, 11 Mar 2024€1.8b€321.0m€43.3m47.1x41.3x5.6x
Wed, 07 Feb 2024€1.8b€320.4m€49.6m48.5x37.1x5.7x
Fri, 05 Jan 2024€1.8b€320.5m€49.5m44.1x37.1x5.7x
Sun, 03 Dec 2023€1.8b€319.4m€51.0m36x34.6x5.5x
Tue, 31 Oct 2023€1.6b€278.9m€42.4m33.4x37.7x5.7x
Thu, 28 Sep 2023€1.6b€215.1m-€20,324,506.0026.4x-78.1x7.4x
Sat, 26 Aug 2023€1.8b€215.1m-€20,925,413.0027.9x-85.7x8.3x
Mon, 24 Jul 2023€1.9b€215.3m-€31,978,193.0045.8x-58.4x8.7x
Wed, 21 Jun 2023€1.8b€215.2m-€31,972,802.0046.9x-55.5x8.2x
Fri, 19 May 2023€1.6b€157.4m-€61,924,614.0043.2x-25x9.8x
Sun, 16 Apr 2023€1.6b€157.4m-€61,924,614.0047.6x-25.8x10.1x
Tue, 14 Mar 2023€1.6b€145.2m-€49,264,025.0047.9x-33.3x11.3x
Thu, 09 Feb 2023€1.7b€145.2m-€49,264,025.0044.9x-35.4x12x
Sat, 07 Jan 2023€1.7b€145.2m-€49,264,025.0045.7x-34x11.5x
Mon, 05 Dec 2022€1.6b€145.2m-€49,264,028.0036.1x-32.1x10.9x
Wed, 02 Nov 2022€1.7b€138.5m-€31,936,808.0037.7x-51.8x11.9x
Fri, 30 Sep 2022€1.6b€123.3m€212.3m30.3x7.3x12.6x
Sun, 28 Aug 2022€1.8b€121.9m€208.2m49.8x8.5x14.6x
Tue, 26 Jul 2022€1.6b€121.9m€208.2m37x7.8x13.3x
Thu, 23 Jun 2022€1.4b€110.6m€209.1m35.6x6.6x12.6x
Sat, 21 May 2022€1.4b€109.0m€207.7m38.5x6.8x12.9x
Mon, 18 Apr 2022€1.6b€96.0m€192.9m8.7x8x16.2x
Wed, 16 Mar 2022€1.4b€95.3m€182.8m33.9x7.9x15.1x
Fri, 11 Feb 2022€1.6b€95.3m€182.8m41.2x8.9x17x
Sun, 09 Jan 2022€1.7b€95.3m€182.8m43x9.3x17.9x
Tue, 07 Dec 2021€1.7b€91.0m€184.2m38.9x9x18.3x
Thu, 04 Nov 2021€1.8b€88.5m€183.6m46.6x9.6x19.9x
Sat, 02 Oct 2021€1.7b€94.7m€183.8m45.4x9.5x18.4x
Mon, 30 Aug 2021€1.9b€80.3m-€55,253,125.00645.6x-34.8x23.9x
Tue, 06 Jul 2021€1.7b€80.3m-€55,253,125.00580.2x-30.3x20.8x
Price to Earnings Ratio

-29.7x


Total Market Cap: €1.6bTotal Earnings: -€54,967,324.00Total Revenue: €80.4mTotal Market Cap vs Earnings and Revenue0%0%0%
Greek Real Estate Industry Price to Earnings3Y Average -12.7x202220232024
Current Industry PE
  • Investors are optimistic on the Greek Real Estate industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 31.1x which is higher than its 3-year average PE of -12.7x.
  • The 3-year average PS ratio of 13.0x is higher than the industry's current PS ratio of 5.4x.
Past Earnings Growth
  • Total earnings for the Real Estate industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 58% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

Which industries have driven the changes within the Greek Real Estate industry?

GR Market1.37%
Real Estate0.28%
Real Estate0.28%
Real Estate Development1.61%
Real Estate Services1.32%
Real Estate Operating Companies0.28%
Diversified Real Estate-2.34%
Industry PE
  • Investors are most optimistic about the Real Estate Services industry, which is trading close to its 3-year average PE ratio of 50.2x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Real Estate Development industry, which is trading below its 3-year average of 352x.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate Operating Companies industry, expecting annual earnings growth of 73% over the next 5 years.
  • This is better than its past earnings decline of 55% per year.
  • In contrast, the Real Estate Operating Companies industry is expected to see its earnings grow by 73% 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
DIMAND Dimand€9.981.2%
+€2.2m
-16.8%PE14x
LAMDA LAMDA Development€6.610.2%
+€1.7m
15.0%PE64.7x
PREMIA Premia Real Estate Investment Company Societe Anonyme€1.151.8%
+€1.7m
-1.4%PE13.7x
ASTAK Alpha Real Estate Services€7.661.3%
+€1.4m
-7.3%PE52.4x
KEKR Kekrops€1.524.1%
+€1.2m
50.5%PE2.7x
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Latest News

KAMP

€2.50

Reds

7D

-2.3%

1Y

6.4%

KEKR

€1.52

Kekrops

7D

4.1%

1Y

50.5%

ASTAK

€7.66

Alpha Real Estate Services

7D

1.3%

1Y

-7.3%

LAMDA

€6.61

LAMDA Development

7D

0.2%

1Y

15.0%

PREMIA

€1.15

Premia Real Estate Investment Company Societe Anonyme

7D

1.8%

1Y

-1.4%