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Israeli (TA) Real Estate Industry Analysis

UpdatedFeb 28, 2024
DataAggregated Company Financials
Companies65
  • 7D2.7%
  • 3M8.7%
  • 1Y19.1%
  • YTD-3.1%

In the last week, the Real Estate industry is up 2.7%, with Azrieli Group up 6.2%. During this same period, the G City underperformed, falling 7.5%. This means that the industry has gained 19% over the past year. Earnings are forecast to grow by 40% annually.

Industry Valuation and Performance

Has the Israeli Real Estate Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 28 Feb 2024₪161.2b₪36.3b₪2.4b11x67.2x4.4x
Fri, 26 Jan 2024₪152.1b₪36.4b₪2.8b9.5x54.1x4.2x
Sun, 24 Dec 2023₪157.0b₪36.5b₪3.3b9.9x48x4.3x
Tue, 21 Nov 2023₪136.1b₪36.7b₪5.4b9x25.1x3.7x
Thu, 19 Oct 2023₪124.6b₪36.8b₪5.5b8.3x22.5x3.4x
Sat, 16 Sep 2023₪138.7b₪37.2b₪6.1b8.5x22.8x3.7x
Mon, 14 Aug 2023₪143.3b₪37.4b₪9.5b7.8x15.1x3.8x
Wed, 12 Jul 2023₪144.7b₪37.3b₪9.9b7.6x14.7x3.9x
Fri, 09 Jun 2023₪140.3b₪38.0b₪11.1b7.6x12.6x3.7x
Sun, 07 May 2023₪143.4b₪37.1b₪13.3b7x10.8x3.9x
Tue, 04 Apr 2023₪133.3b₪36.5b₪13.9b6.4x9.6x3.6x
Thu, 02 Mar 2023₪133.1b₪37.2b₪23.0b5.4x5.8x3.6x
Sat, 28 Jan 2023₪148.0b₪37.0b₪23.4b5.9x6.3x4x
Mon, 26 Dec 2022₪147.0b₪36.9b₪23.4b5.7x6.3x4x
Wed, 23 Nov 2022₪166.0b₪36.0b₪24.7b5.9x6.7x4.6x
Fri, 21 Oct 2022₪164.4b₪36.0b₪25.0b6.6x6.6x4.6x
Sun, 18 Sep 2022₪178.9b₪35.4b₪25.0b7x7.2x5x
Tue, 16 Aug 2022₪199.6b₪34.6b₪23.3b8.7x8.6x5.8x
Thu, 14 Jul 2022₪171.3b₪34.3b₪21.8b7.7x7.9x5x
Sat, 11 Jun 2022₪167.3b₪31.5b₪21.3b7.7x7.9x5.3x
Mon, 09 May 2022₪183.6b₪32.6b₪21.9b8.2x8.4x5.6x
Wed, 06 Apr 2022₪210.2b₪31.9b₪21.5b10x9.8x6.6x
Fri, 04 Mar 2022₪199.6b₪31.7b₪12.1b15.9x16.5x6.3x
Sun, 30 Jan 2022₪207.9b₪31.8b₪11.5b16.7x18.1x6.5x
Tue, 28 Dec 2021₪200.6b₪31.7b₪11.4b16.7x17.6x6.3x
Thu, 25 Nov 2021₪193.4b₪30.5b₪10.7b17.1x18.1x6.3x
Sat, 23 Oct 2021₪179.3b₪30.4b₪9.6b15.4x18.7x5.9x
Mon, 20 Sep 2021₪178.6b₪30.3b₪9.5b15.3x18.8x5.9x
Wed, 18 Aug 2021₪163.7b₪30.2b₪9.1b14x18x5.4x
Wed, 02 Jun 2021₪159.9b₪28.5b₪6.6b17.8x24.1x5.6x
Sat, 06 Mar 2021₪126.1b₪28.3b₪3.2b14.9x39.7x4.5x
Price to Earnings Ratio

39.7x


Total Market Cap: ₪126.1bTotal Earnings: ₪3.2bTotal Revenue: ₪28.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Israeli Real Estate Industry Price to Earnings3Y Average 17.4x202220232024
Current Industry PE
  • Investors are optimistic on the Israeli Real Estate industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 67.2x which is higher than its 3-year average PE of 17.4x.
  • The industry is trading close to its 3-year average PS ratio of 4.9x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have declined 8.9% per year over the last three years.
  • Meanwhile revenues for these companies have grown 8.7% 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 Israeli Real Estate industry?

IL Market2.68%
Real Estate2.66%
Real Estate2.67%
Real Estate Operating Companies2.96%
Real Estate Development2.52%
Diversified Real Estate1.27%
Real Estate Services0%
Industry PE
  • Investors are most optimistic about the Real Estate Operating Companies industry which is trading above its 3-year average PE ratio of 26.5x.
    • Analysts are expecting annual earnings growth of 39.8%, which is higher than its past year's earnings decline of 41.7% per year.
  • Investors are most pessimistic about the Diversified Real Estate industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 11.6x.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate Operating Companies industry, expecting annual earnings growth of 40% over the next 5 years.
  • This is better than its past earnings decline of 42% per year.
  • In contrast, the Real Estate Operating Companies industry is expected to see its earnings grow by 40% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
AZRG Azrieli Group₪258.705.9%
+₪1.8b
28.7%PE21.3x
BIG BIG Shopping Centers₪399.004.0%
+₪371.5m
28.6%PE10x
AMOT Amot Investment₪18.293.3%
+₪277.7m
1.2%PE12.6x
MLSR Melisron₪274.802.1%
+₪270.7m
26.2%PE13.2x
AURA Aura Investments₪13.088.1%
+₪251.4m
161.5%PE31.6x
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Latest News

AZRG

₪258.70

Azrieli Group

7D

5.9%

1Y

28.7%

HNMR

₪2.49

Hanan Mor Group - Holdings

7D

-9.5%

1Y

-80.6%

MVNE

₪9.70

Mivne Real Estate (K.D)

7D

2.1%

1Y

3.6%

GCT

₪11.30

G City

7D

-6.5%

1Y

-14.5%

BLSR

₪260.50

Blue Square Real Estate

7D

5.2%

1Y

40.1%

ELCRE

₪37.29

Electra Real Estate

7D

-0.9%

1Y

20.9%

MSLA

₪12.26

Maslavi Construction

7D

-2.8%

1Y

18.8%

LAHAV

₪3.50

Lahav LR Real Estate

7D

-0.7%

1Y

8.9%

NSTR

₪9.87

Norstar Holdings

7D

-2.2%

1Y

-7.5%