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Greek (ASE) REITS Industry Analysis
UpdatedApr 16, 2026
DataAggregated Company Financials
Companies5
- 7D6.7%
- 3M1.9%
- 1Y9.4%
- YTD2.2%
The REITS industry is up 7.4% in the last week, with Prodea Real Estate Investment Company Société Anonyme up 11%. This means that the industry has gained 9.2% over the past year. Looking forward, earnings are forecast to decline by 10% per year.
Industry Valuation and Performance
Has the Greek REITS Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 16 Apr 2026 | €2.5b | €309.4m | €123.6m | 8.4x | 20.1x | 8x |
| Sat, 14 Mar 2026 | €2.3b | €304.2m | €257.8m | 8.3x | 8.9x | 7.5x |
| Mon, 09 Feb 2026 | €2.4b | €299.3m | €258.9m | 9.7x | 9.3x | 8.1x |
| Wed, 07 Jan 2026 | €2.5b | €313.0m | €262.3m | 9.3x | 9.5x | 8x |
| Fri, 05 Dec 2025 | €2.4b | €313.0m | €262.3m | 9.1x | 9.3x | 7.8x |
| Sun, 02 Nov 2025 | €2.4b | €313.0m | €262.3m | 9x | 9.1x | 7.7x |
| Tue, 30 Sep 2025 | €2.4b | €308.2m | €235.1m | 9.5x | 10.2x | 7.8x |
| Thu, 28 Aug 2025 | €2.4b | €310.6m | €237.3m | 10x | 10.3x | 7.9x |
| Sat, 26 Jul 2025 | €2.4b | €308.9m | €241.6m | 9.5x | 9.9x | 7.7x |
| Mon, 23 Jun 2025 | €2.3b | €308.9m | €241.6m | 9x | 9.7x | 7.6x |
| Wed, 21 May 2025 | €2.4b | €308.9m | €241.6m | 8.5x | 9.8x | 7.6x |
| Fri, 18 Apr 2025 | €2.3b | €307.0m | €240.4m | 8.9x | 9.5x | 7.4x |
| Sun, 16 Mar 2025 | €2.1b | €255.7m | €161.3m | 11.1x | 12.9x | 8.1x |
| Tue, 11 Feb 2025 | €2.1b | €256.7m | €177.3m | 10.4x | 12x | 8.3x |
| Thu, 09 Jan 2025 | €2.1b | €256.7m | €177.3m | 10.3x | 12.1x | 8.4x |
| Sat, 07 Dec 2024 | €2.1b | €256.7m | €177.3m | 10x | 11.7x | 8.1x |
| Mon, 04 Nov 2024 | €2.1b | €252.2m | €171.6m | 10.4x | 12.2x | 8.3x |
| Wed, 02 Oct 2024 | €2.2b | €212.1m | €113.6m | 16x | 19.3x | 10.3x |
| Fri, 30 Aug 2024 | €2.4b | €186.8m | €116.6m | 12.9x | 20.3x | 12.7x |
| Sun, 28 Jul 2024 | €2.4b | €183.9m | €111.2m | 12.4x | 21.3x | 12.9x |
| Tue, 25 Jun 2024 | €2.1b | €183.9m | €111.7m | 12.7x | 19.1x | 11.6x |
| Thu, 23 May 2024 | €2.2b | €183.9m | €111.7m | 12.8x | 19.6x | 11.9x |
| Sat, 20 Apr 2024 | €2.1b | €214.4m | €121.7m | 15.6x | 17x | 9.6x |
| Mon, 18 Mar 2024 | €2.1b | €214.1m | €117.1m | 16x | 17.7x | 9.7x |
| Wed, 14 Feb 2024 | €2.1b | €214.1m | €117.1m | 16.5x | 17.7x | 9.7x |
| Fri, 12 Jan 2024 | €2.2b | €239.8m | €141.2m | 11.8x | 15.9x | 9.3x |
| Sun, 10 Dec 2023 | €2.1b | €233.9m | €133.5m | 6.8x | 16.1x | 9.2x |
| Tue, 07 Nov 2023 | €2.1b | €233.9m | €133.5m | 6.9x | 15.6x | 8.9x |
| Thu, 05 Oct 2023 | €2.0b | €233.6m | €133.7m | 6.6x | 15.1x | 8.6x |
| Sat, 02 Sep 2023 | €2.0b | €219.2m | €174.6m | 5.8x | 11.6x | 9.2x |
| Mon, 31 Jul 2023 | €2.1b | €219.2m | €174.6m | 5.8x | 12.2x | 9.7x |
| Wed, 28 Jun 2023 | €2.2b | €219.2m | €174.6m | 5.8x | 12.6x | 10x |
| Fri, 26 May 2023 | €2.2b | €218.9m | €174.7m | 5.7x | 12.5x | 10x |
| Sun, 23 Apr 2023 | €2.3b | €218.9m | €174.7m | 5.9x | 13.3x | 10.6x |
Price to Earnings Ratio
13.3x
Current Industry PE
- Investors are pessimistic on the Greek REITs 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 9.4x which is lower than its 3-year average PE of 13.4x.
- The 3-year average PS ratio of 9.1x is higher than the industry's current PS ratio of 7.7x.
Past Earnings Growth
- The earnings for companies in the REITs industry have grown 15% per year over the last three years.
- Revenues for these companies have grown 14% 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 industry?
| GR Market | 0.77% | |
| Real Estate | 3.95% | |
| REITS | 6.70% | |
| Diversified REITs | 6.70% | |
| Retail REITs | 0.62% | |
| Office REITs | 0% | 0 |
Industry PE
- Investors are most optimistic about the Diversified REITs industry even though it's trading below its 3-year average PE ratio of 13.4x.
- Analysts are expecting annual earnings decline of 10.5%, which is lower than the prior year's growth of 8.7% per year.
- Investors are most pessimistic about the Retail REITs industry, which is trading below its 3-year average of 22.1x.
Forecasted Growth
- Despite it being negative, analysts are least pessimistic on the Retail REITs industry since they expect its earnings to decline by only 2.7% per year over the next 5 years, which isn't as bad as the other industries.
- This is a reversal from its past annual earnings growth rate of 66% per year.
- In contrast, the Diversified REITs industry is expected to see its earnings decline by 10% 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 | |
|---|---|---|---|---|---|
| PRODEA Prodea Real Estate Investment Company Société Anonyme | €6.10 | 2.5% +€38.3m | 8.0% | PB1.1x | |
| NOVAL Noval Property Real Estate Investment | €2.65 | 1.9% +€6.3m | 11.3% | PB0.6x | |
| TRASTOR Trastor Real Estate Investment Company | €1.26 | 0.8% +€2.4m | 4.1% | PB0.7x | |
| BRIQ BriQ Properties Real Estate Investment | €3.05 | 1.7% +€2.3m | 15.5% | PB0.8x | |
| ORILINA Orilina Properties REIC | €0.81 | 0.5% +€611.2k | 3.3% | PB0.7x |