We Think That There Are Some Issues For Dimand (ATH:DIMAND) Beyond Its Promising Earnings
Apr 13
Greek (ASE) Real Estate Industry Analysis
UpdatedApr 21, 2024
DataAggregated Company Financials
Companies6
- 7D3.2%
- 3M-3.2%
- 1Y10.6%
- YTD-1.8%
Over the last 7 days, the Real Estate industry has dropped 2.5%, driven by Dimand declining 3.4%. This takes the industry's 12 month performance to a gain of 6.0%. As for the next few years, earnings are expected to grow by 73% 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 |
|---|---|---|---|---|---|---|
| Sun, 21 Apr 2024 | €1.8b | €319.6m | €56.0m | 22.9x | 31.5x | 5.5x |
| Tue, 19 Mar 2024 | €1.8b | €321.0m | €43.3m | 48.2x | 42.2x | 5.7x |
| Thu, 15 Feb 2024 | €1.8b | €320.4m | €49.6m | 47.9x | 36.1x | 5.6x |
| Sat, 13 Jan 2024 | €1.8b | €320.4m | €49.6m | 43x | 36.9x | 5.7x |
| Mon, 11 Dec 2023 | €1.8b | €319.4m | €51.0m | 36.2x | 34.6x | 5.5x |
| Wed, 08 Nov 2023 | €1.7b | €278.9m | €42.4m | 34.2x | 39.6x | 6x |
| Fri, 06 Oct 2023 | €1.6b | €220.0m | -€11,914,051.00 | 20.7x | -134.2x | 7.3x |
| Sun, 03 Sep 2023 | €1.8b | €215.1m | -€20,925,413.00 | 27.8x | -84.4x | 8.2x |
| Tue, 01 Aug 2023 | €1.8b | €216.0m | -€20,705,368.00 | 25.5x | -89x | 8.5x |
| Thu, 29 Jun 2023 | €1.8b | €215.2m | -€31,972,802.00 | 46.1x | -55.2x | 8.2x |
| Sat, 27 May 2023 | €1.7b | €157.4m | -€61,924,614.00 | 44.6x | -27.6x | 10.9x |
| Mon, 24 Apr 2023 | €1.6b | €157.4m | -€61,924,614.00 | 46.7x | -25.9x | 10.2x |
| 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 |
Price to Earnings Ratio
-29.7x
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 30.3x which is higher than its 3-year average PE of -12.4x.
- The 3-year average PS ratio of 12.9x is higher than the industry's current PS ratio of 5.3x.
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 Market | -0.59% | |
| Real Estate | 1.40% | |
| Real Estate | 3.15% | |
| Diversified Real Estate | 8.00% | |
| Real Estate Operating Companies | 3.98% | |
| Real Estate Services | -2.09% | |
| Real Estate Development | -2.29% | |
Industry PE
- Investors are most optimistic about the Real Estate Operating Companies industry which is trading above its 3-year average PE ratio of 26.1x.
- Analysts are expecting annual earnings growth of 72.9%, which is higher than its past year's earnings decline of 54.9% per year.
- Investors are most pessimistic about the Real Estate Development industry, which is trading below its 3-year average of 350x.
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| LAMDA LAMDA Development | €6.90 | 4.4% +€50.0m | 19.1% | PE67.5x | |
| KAMP Reds | €2.70 | 8.0% +€11.5m | 13.4% | PE32.1x | |
| KEKR Kekrops | €1.59 | 4.6% +€1.4m | 54.4% | PE2.9x |