Is Lamda Development (ATH:LAMDA) Using Too Much Debt?
Jan 27
Greek (ASE) Real Estate Industry Analysis
UpdatedMar 22, 2023
DataAggregated Company Financials
Companies6
- 7D-5.0%
- 3M-2.3%
- 1Y-7.3%
- YTD-2.5%
Over the last 7 days, the Real Estate industry has dropped 2.3%, driven by a pullback from Lamda Development of 2.2%. Overall the industry is down 7.3% in 12 months. As for the next few years, earnings are expected to grow by 118% per annum.
Industry Valuation and Performance
Has the Greek Real Estate Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 22 Mar 2023 | €1.6b | €145.2m | -€49,264,025.00 | 48.4x | -32.7x | 11.1x |
| Fri, 17 Feb 2023 | €1.7b | €145.2m | -€49,264,025.00 | 48.1x | -35.3x | 12x |
| Sun, 15 Jan 2023 | €1.6b | €145.2m | -€49,264,025.00 | 45.2x | -33.4x | 11.3x |
| Tue, 13 Dec 2022 | €1.6b | €145.2m | -€49,264,025.00 | 37x | -32x | 10.8x |
| Thu, 10 Nov 2022 | €1.6b | €138.5m | -€31,936,808.00 | 38.4x | -51.6x | 11.9x |
| Sat, 08 Oct 2022 | €1.6b | €138.5m | -€31,936,808.00 | 39.2x | -50.5x | 11.6x |
| Mon, 05 Sep 2022 | €1.7b | €121.9m | €208.2m | 49.5x | 8.3x | 14.2x |
| Wed, 03 Aug 2022 | €1.7b | €121.9m | €208.2m | 37.5x | 8x | 13.7x |
| Fri, 01 Jul 2022 | €1.3b | €110.6m | €209.1m | 36.5x | 6.3x | 12x |
| Sun, 29 May 2022 | €1.5b | €109.0m | €207.7m | 39x | 7.2x | 13.7x |
| Tue, 26 Apr 2022 | €1.6b | €108.1m | €207.1m | 8.3x | 7.7x | 14.8x |
| Thu, 24 Mar 2022 | €1.4b | €95.3m | €182.8m | 35x | 7.9x | 15.2x |
| Sat, 19 Feb 2022 | €1.6b | €95.3m | €182.8m | 40.7x | 8.8x | 16.8x |
| Mon, 17 Jan 2022 | €1.8b | €95.3m | €182.8m | 44.4x | 9.6x | 18.4x |
| Wed, 15 Dec 2021 | €1.6b | €95.3m | €182.8m | 38.4x | 8.9x | 17x |
| Fri, 12 Nov 2021 | €1.8b | €88.5m | €183.6m | 45.8x | 9.6x | 19.8x |
| Sun, 10 Oct 2021 | €1.8b | €88.5m | €183.6m | 44x | 9.6x | 19.9x |
| Tue, 07 Sep 2021 | €1.8b | €80.3m | -€54,409,124.00 | 625.1x | -33.8x | 22.9x |
| Thu, 05 Aug 2021 | €1.9b | €80.3m | -€55,253,125.00 | 615x | -35.2x | 24.2x |
| Sun, 09 May 2021 | €1.6b | €80.4m | -€54,967,324.00 | 454.8x | -29.7x | 20.3x |
| Wed, 10 Feb 2021 | €1.4b | €93.9m | -€46,694,522.00 | 304.3x | -29.7x | 14.8x |
| Tue, 03 Nov 2020 | €1.1b | €105.9m | €47.1m | 120.1x | 23.6x | 10.5x |
| Fri, 07 Aug 2020 | €1.2b | €106.7m | €53.4m | 68.2x | 22.6x | 11.3x |
| Thu, 30 Apr 2020 | €1.3b | €115.9m | €93.0m | 24.3x | 13.5x | 10.8x |
Price to Earnings Ratio
12.6x
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 3-year average PS ratio of 14.9x is higher than the industry's current PS ratio of 11.0x.
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.
- Meanwhile revenues have grown 7.8% 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 industry?
| GR Market | -2.15% | |
| Real Estate | -2.06% | |
| Real Estate | -4.97% | |
| Real Estate Services | 2.44% | |
| Real Estate Development | -3.46% | |
| Diversified Real Estate | -5.89% | |
| Real Estate Operating Companies | -5.98% | |
Industry PE
- Investors are most optimistic about the Real Estate Services industry which is trading above its 3-year average PE ratio of 40.8x.
- 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 Diversified Real Estate industry, expecting annual earnings growth of 118% over the next 5 years.
- In contrast, the Diversified Real Estate industry is expected to see its earnings grow by 118% 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 | |
|---|---|---|---|---|---|
| ASTAK Alpha Astika Akinita | €8.40 | 2.4% +€2.8m | 3.1% | PE48.4x |