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Hong Kong (HSI) Real Estate Sector Analysis
UpdatedDec 30, 2024
DataAggregated Company Financials
Companies251
- 7D1.8%
- 3M-14.5%
- 1Y-12.9%
- YTD-10.6%
In the last week, the Real Estate industry is up 1.8%, with Sun Hung Kai Properties up 1.9%. In contrast, the industry has lost 13% in the last 12 months. Looking forward, earnings are forecast to grow by 24% annually.
Sector Valuation and Performance
Has the Hong Kong Real Estate Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Dec 2024 | HK$2.0t | HK$3.1t | -HK$97,192,284,860.63 | 7.5x | -20.4x | 0.6x |
| Thu, 28 Nov 2024 | HK$2.0t | HK$3.1t | -HK$97,076,959,547.53 | 7.7x | -21x | 0.7x |
| Sat, 26 Oct 2024 | HK$2.2t | HK$3.2t | -HK$96,009,544,533.14 | 8.1x | -22.5x | 0.7x |
| Mon, 23 Sep 2024 | HK$1.9t | HK$3.2t | -HK$80,184,310,612.68 | 7.9x | -24x | 0.6x |
| Wed, 21 Aug 2024 | HK$1.9t | HK$3.4t | -HK$64,025,839,539.93 | 7x | -29.2x | 0.6x |
| Fri, 19 Jul 2024 | HK$2.1t | HK$3.4t | -HK$19,687,336,061.61 | 7.5x | -105.7x | 0.6x |
| Sun, 16 Jun 2024 | HK$2.1t | HK$4.0t | -HK$69,851,952,656.33 | 7.3x | -30.4x | 0.5x |
| Tue, 14 May 2024 | HK$2.3t | HK$4.0t | -HK$70,142,759,678.31 | 7.9x | -32.7x | 0.6x |
| Thu, 11 Apr 2024 | HK$2.1t | HK$4.1t | -HK$78,579,836,676.61 | 6.9x | -26.3x | 0.5x |
| Sat, 09 Mar 2024 | HK$2.1t | HK$3.9t | -HK$156,871,342,587.10 | 5.8x | -13.2x | 0.5x |
| Mon, 05 Feb 2024 | HK$2.1t | HK$4.0t | -HK$182,627,891,523.00 | 6.2x | -11.5x | 0.5x |
| Wed, 03 Jan 2024 | HK$2.4t | HK$4.0t | -HK$183,755,129,258.00 | 6.9x | -12.8x | 0.6x |
| Fri, 01 Dec 2023 | HK$2.4t | HK$4.0t | -HK$179,603,857,163.00 | 6.7x | -13.1x | 0.6x |
| Sun, 29 Oct 2023 | HK$2.4t | HK$4.0t | -HK$156,825,276,156.00 | 7.2x | -15.3x | 0.6x |
| Tue, 26 Sep 2023 | HK$2.5t | HK$3.9t | -HK$146,291,168,967.00 | 7.1x | -17.2x | 0.6x |
| Thu, 24 Aug 2023 | HK$2.6t | HK$4.6t | -HK$25,484,399,877.00 | 6.8x | -102.8x | 0.6x |
| Sat, 22 Jul 2023 | HK$2.9t | HK$4.8t | HK$17.9b | 7.4x | 161.3x | 0.6x |
| Mon, 19 Jun 2023 | HK$3.1t | HK$4.9t | HK$16.5b | 7.6x | 186.7x | 0.6x |
| Wed, 17 May 2023 | HK$3.1t | HK$4.9t | HK$12.8b | 7.7x | 246x | 0.6x |
| Fri, 14 Apr 2023 | HK$3.4t | HK$5.0t | HK$33.3b | 7.7x | 103.5x | 0.7x |
| Sun, 12 Mar 2023 | HK$3.3t | HK$5.5t | HK$319.8b | 6.2x | 10.3x | 0.6x |
| Tue, 07 Feb 2023 | HK$3.5t | HK$5.6t | HK$388.7b | 6.7x | 9.1x | 0.6x |
| Thu, 05 Jan 2023 | HK$3.6t | HK$5.6t | HK$385.5b | 6.9x | 9.4x | 0.7x |
| Sat, 03 Dec 2022 | HK$3.2t | HK$5.5t | HK$381.5b | 6.7x | 8.5x | 0.6x |
| Mon, 31 Oct 2022 | HK$2.6t | HK$5.4t | HK$367.8b | 5.4x | 7.1x | 0.5x |
| Wed, 28 Sep 2022 | HK$3.2t | HK$5.4t | HK$370.3b | 6.2x | 8.6x | 0.6x |
| Fri, 26 Aug 2022 | HK$3.3t | HK$5.8t | HK$487.6b | 6.1x | 6.9x | 0.6x |
| Sun, 24 Jul 2022 | HK$3.5t | HK$5.8t | HK$506.8b | 6.4x | 6.8x | 0.6x |
| Tue, 21 Jun 2022 | HK$3.7t | HK$5.8t | HK$515.8b | 6.7x | 7.3x | 0.6x |
| Thu, 19 May 2022 | HK$3.9t | HK$5.8t | HK$519.2b | 6.8x | 7.5x | 0.7x |
| Sat, 16 Apr 2022 | HK$4.2t | HK$6.1t | HK$540.0b | 7x | 7.8x | 0.7x |
| Mon, 14 Mar 2022 | HK$3.9t | HK$6.0t | HK$645.4b | 6.2x | 6x | 0.6x |
| Wed, 09 Feb 2022 | HK$4.4t | HK$6.0t | HK$610.2b | 6.8x | 7.2x | 0.7x |
| Fri, 07 Jan 2022 | HK$4.1t | HK$6.0t | HK$607.3b | 0.9x | 6.8x | 0.7x |
Price to Earnings Ratio
6.8x
Current Industry PE
- Investors are relatively neutral on the Hong Kong Real Estate industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 0.65x.
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.
- Revenues have also declined 20% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Hong Kong Real Estate sector?
| HK Market | 2.11% | |
| Real Estate | 1.83% | |
| Office REITs | 4.24% | |
| Retail REITs | 2.33% | |
| Industrial REITs | 1.96% | |
| Real Estate | 1.80% | |
| REITS | 0.89% | |
| Specialized REITs | 0% | |
| Residential REITs | 0% | |
| Health Care REITs | 0% | |
| Hotel and Resort REITs | -2.13% | |
Industry PE
- Investors are most optimistic about the Industrial REITs industry which is trading above its 3-year average PE ratio of 11.7x.
- Analysts are expecting annual earnings growth of 54.4%, which is higher than its past year's earnings decline of 73.3% per year.
Forecasted Growth
- Analysts are most optimistic on the Retail REITs industry, expecting annual earnings growth of 63% over the next 5 years.
- In contrast, the Hotel and Resort REITs industry is expected to see its earnings decline by 68% 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 | |
|---|---|---|---|---|---|
| 16 Sun Hung Kai Properties | HK$74.45 | 1.9% +HK$4.1b | -11.8% | PE11.3x | |
| 12 Henderson Land Development | HK$23.70 | 2.4% +HK$2.7b | -1.5% | PE17.7x | |
| 1113 CK Asset Holdings | HK$31.70 | 2.3% +HK$2.4b | -19.1% | PE7.1x | |
| 83 Sino Land | HK$7.86 | 3.0% +HK$2.1b | -7.4% | PE16.1x | |
| 4 Wharf (Holdings) | HK$21.55 | 2.4% +HK$1.5b | -14.3% | PS3.7x |
