Israeli (TA) Real Estate Sector Analysis
UpdatedDec 08, 2022
DataAggregated Company Financials
Companies69
- 7D-1.9%
- 3M-14.2%
- 1Y-21.8%
- YTD-25.8%
The Real Estate is pretty flat in the last 7 days, but G City has stood out, gaining 14%. Unfortunately though, the industry is down 20% over the past 12 months. As for the next few years, earnings are expected to grow by 10% per annum.
Sector Valuation and Performance
Has the Israeli Real Estate Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 08 Dec 2022 | ₪163.8b | ₪34.6b | ₪25.3b | 5.5x | 6.5x | 4.7x |
| Sat, 05 Nov 2022 | ₪167.5b | ₪36.9b | ₪26.4b | 6x | 6.3x | 4.5x |
| Mon, 03 Oct 2022 | ₪169.4b | ₪36.9b | ₪26.4b | 6.2x | 6.4x | 4.6x |
| Wed, 31 Aug 2022 | ₪200.2b | ₪35.5b | ₪25.7b | 8x | 7.8x | 5.6x |
| Fri, 29 Jul 2022 | ₪191.4b | ₪35.4b | ₪24.2b | 7.9x | 7.9x | 5.4x |
| Sun, 26 Jun 2022 | ₪179.4b | ₪35.1b | ₪23.0b | 7.5x | 7.8x | 5.1x |
| Tue, 24 May 2022 | ₪186.6b | ₪33.8b | ₪22.6b | 7.9x | 8.3x | 5.5x |
| Thu, 21 Apr 2022 | ₪216.9b | ₪33.1b | ₪22.5b | 9.5x | 9.6x | 6.6x |
| Sat, 19 Mar 2022 | ₪207.3b | ₪32.4b | ₪14.7b | 14.1x | 14.1x | 6.4x |
| Mon, 14 Feb 2022 | ₪208.5b | ₪32.2b | ₪12.4b | 16.2x | 16.8x | 6.5x |
| Wed, 12 Jan 2022 | ₪217.0b | ₪32.2b | ₪12.0b | 17x | 18.1x | 6.7x |
| Fri, 10 Dec 2021 | ₪203.8b | ₪32.1b | ₪12.0b | 15.3x | 17x | 6.3x |
| Sun, 07 Nov 2021 | ₪198.0b | ₪30.9b | ₪10.1b | 16.5x | 19.6x | 6.4x |
| Tue, 05 Oct 2021 | ₪181.8b | ₪30.9b | ₪9.9b | 15x | 18.3x | 5.9x |
| Thu, 02 Sep 2021 | ₪181.5b | ₪30.6b | ₪9.5b | 14.9x | 19.2x | 5.9x |
| Sat, 31 Jul 2021 | ₪167.2b | ₪30.6b | ₪9.4b | 14.6x | 17.7x | 5.5x |
| Tue, 04 May 2021 | ₪155.5b | ₪29.0b | ₪6.9b | 17.9x | 22.6x | 5.4x |
| Fri, 05 Feb 2021 | ₪133.4b | ₪28.7b | ₪3.4b | 15.9x | 39.6x | 4.6x |
| Mon, 09 Nov 2020 | ₪102.6b | ₪29.5b | ₪9.3b | 10.9x | 11x | 3.5x |
| Sun, 02 Aug 2020 | ₪98.7b | ₪29.5b | ₪10.1b | 10.2x | 9.7x | 3.3x |
| Wed, 06 May 2020 | ₪123.4b | ₪30.7b | ₪11.2b | 11.5x | 11x | 4x |
| Sat, 08 Feb 2020 | ₪158.1b | ₪31.3b | ₪13.9b | 11.6x | 11.4x | 5.1x |
Price to Earnings Ratio
11x
Current Industry PE
- Investors are pessimistic on the Israeli Real Estate 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 6.6x which is lower than its 3-year average PE of 15.2x.
- The industry is trading close to its 3-year average PS ratio of 5.0x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have grown 22% per year over the last three years.
- Revenues for these companies have grown 4.7% 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 Israeli Real Estate sector?
| IL Market | -2.07% | |
| Real Estate | -1.86% | |
| Real Estate | -1.81% | |
| REITS | -2.94% | |
Industry PE
- Investors are most optimistic about the Real Estate industry even though it's trading below its 3-year average PE ratio of 15.3x.
- Analysts are expecting annual earnings growth of 10.1%, which is lower than the prior year's growth of 113.3% per year.
- Investors are most pessimistic about the REITS industry, which is trading below its 3-year average of 14.4x.
Forecasted Growth
- Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 10% over the next 5 years.
- In contrast, the Real Estate industry is expected to see its earnings grow 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 | |
|---|---|---|---|---|---|
| GCT G City | ₪13.68 | 14.0% +₪272.8m | -42.9% | PB0.4x | |
| AZRG Azrieli Group | ₪242.00 | 0.8% +₪230.4m | -17.3% | PB1.4x | |
| NSTR Norstar Holdings | ₪18.73 | 5.5% +₪35.2m | -27.7% | PB0.3x | |
| ARPT Airport City | ₪60.30 | 0.3% +₪26.1m | -15.7% | PB0.8x | |
| IES I.E.S Holdings | ₪255.60 | 1.7% +₪25.0m | -9.8% | PB1.2x |