Solid Earnings May Not Tell The Whole Story For Hagag Group Real Estate Entrepreneurship (TLV:HGG)
Apr 07
Israeli (TA) Diversified Real Estate Industry Analysis
UpdatedApr 24, 2024
DataAggregated Company Financials
Companies12
- 7D2.1%
- 3M0.4%
- 1Y23.9%
- YTDn/a
In the last week, the Diversified Real Estate industry is up 2.1%, with Isras Investment up 2.0%. This takes the industry's 12 month performance to a gain of 24%.
Industry Valuation and Performance
Has the Israeli Diversified Real Estate Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 24 Apr 2024 | ₪23.6b | ₪5.6b | ₪1.2b | 14.6x | 20x | 4.2x |
| Fri, 22 Mar 2024 | ₪24.7b | ₪5.1b | ₪1.2b | 14.4x | 20.1x | 4.8x |
| Sun, 18 Feb 2024 | ₪23.2b | ₪5.3b | ₪1.2b | 13x | 19.1x | 4.3x |
| Tue, 16 Jan 2024 | ₪23.5b | ₪5.4b | ₪1.2b | 13.3x | 19.4x | 4.4x |
| Thu, 14 Dec 2023 | ₪22.5b | ₪5.3b | ₪1.2b | 12.3x | 18.6x | 4.2x |
| Sat, 11 Nov 2023 | ₪21.4b | ₪5.4b | ₪1.9b | 11.1x | 11.4x | 4x |
| Mon, 09 Oct 2023 | ₪20.5b | ₪5.4b | ₪1.9b | 11x | 10.9x | 3.8x |
| Wed, 06 Sep 2023 | ₪22.1b | ₪5.3b | ₪1.9b | 12.2x | 11.8x | 4.1x |
| Fri, 04 Aug 2023 | ₪22.1b | ₪5.2b | ₪2.4b | 9x | 9.3x | 4.3x |
| Sun, 02 Jul 2023 | ₪20.8b | ₪5.2b | ₪2.4b | 8.1x | 8.8x | 4x |
| Tue, 30 May 2023 | ₪19.9b | ₪5.2b | ₪2.3b | 8.8x | 8.6x | 3.8x |
| Thu, 27 Apr 2023 | ₪19.3b | ₪4.9b | ₪3.0b | 8x | 6.4x | 3.9x |
| Sat, 25 Mar 2023 | ₪20.2b | ₪4.5b | ₪3.7b | 7x | 5.5x | 4.5x |
| Mon, 20 Feb 2023 | ₪21.5b | ₪4.5b | ₪4.1b | 7.2x | 5.2x | 4.7x |
| Wed, 18 Jan 2023 | ₪23.8b | ₪4.5b | ₪4.1b | 7.9x | 5.7x | 5.2x |
| Fri, 16 Dec 2022 | ₪22.7b | ₪4.5b | ₪4.1b | 6.8x | 5.5x | 5.1x |
| Sun, 13 Nov 2022 | ₪23.2b | ₪4.3b | ₪4.6b | 8.3x | 5.1x | 5.4x |
| Tue, 11 Oct 2022 | ₪23.5b | ₪4.3b | ₪4.6b | 8.7x | 5.2x | 5.4x |
| Thu, 08 Sep 2022 | ₪26.4b | ₪4.3b | ₪4.3b | 8.6x | 6.2x | 6.2x |
| Sat, 06 Aug 2022 | ₪27.0b | ₪4.3b | ₪4.2b | 9.7x | 6.4x | 6.3x |
| Mon, 04 Jul 2022 | ₪24.9b | ₪4.3b | ₪3.4b | 10.9x | 7.2x | 5.8x |
| Wed, 01 Jun 2022 | ₪27.3b | ₪4.4b | ₪3.8b | 10x | 7.3x | 6.2x |
| Fri, 29 Apr 2022 | ₪32.0b | ₪4.4b | ₪3.8b | 13.1x | 8.4x | 7.2x |
| Sun, 27 Mar 2022 | ₪31.7b | ₪4.6b | ₪2.9b | 13.2x | 10.8x | 6.9x |
| Tue, 22 Feb 2022 | ₪30.8b | ₪4.6b | ₪2.3b | 16.1x | 13.2x | 6.7x |
| Thu, 20 Jan 2022 | ₪31.7b | ₪4.6b | ₪2.2b | 17.6x | 14.3x | 7x |
| Sat, 18 Dec 2021 | ₪29.2b | ₪4.6b | ₪2.2b | 15.5x | 13.2x | 6.4x |
| Mon, 15 Nov 2021 | ₪27.7b | ₪4.3b | ₪1.5b | 20.9x | 18.1x | 6.4x |
| Wed, 13 Oct 2021 | ₪25.2b | ₪4.3b | ₪1.5b | 18.9x | 17x | 5.8x |
| Fri, 10 Sep 2021 | ₪25.1b | ₪4.3b | ₪1.5b | 18.4x | 17.3x | 5.8x |
| Sun, 08 Aug 2021 | ₪23.6b | ₪4.3b | ₪1.5b | 17.4x | 16.1x | 5.5x |
| Sat, 01 May 2021 | ₪23.5b | ₪4.1b | ₪1.1b | 18.2x | 21x | 5.7x |
Price to Earnings Ratio
21x
Current Industry PE
- Investors are optimistic on the Israeli Diversified Real Estate Activities industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 19.7x which is higher than its 3-year average PE of 11.9x.
- The 3-year average PS ratio of 5.3x is higher than the industry's current PS ratio of 4.2x.
Past Earnings Growth
- The earnings for companies in the Diversified Real Estate Activities industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 11% 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 and as a result, profits have held steady.
Industry Comparison
How does Israeli Diversified Real Estate compare with similar industries?
| IL Market | 1.58% | |
| Real Estate | 1.45% | |
| Real Estate | 1.49% | |
| Diversified Real Estate | 2.11% | |
| Real Estate Development | 1.69% | |
| Real Estate Operating Companies | 1.35% | |
| Real Estate Services | 0% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ARPT Airport City | ₪57.68 | 3.6% +₪251.2m | 28.6% | PE28.2x | |
| VILR Villar International | ₪159.00 | 6.3% +₪166.5m | 13.1% | PE11.4x | |
| DIMRI Y.H. Dimri Construction & Development | ₪289.90 | 1.7% +₪91.7m | 51.1% | PE21.8x | |
| PTBL Property & Building | ₪201.40 | 1.0% +₪14.8m | 16.0% | PS1.3x | |
| HGG Hagag Group Real Estate Entrepreneurship | ₪17.56 | 0.9% +₪8.9m | 57.6% | PE5.3x |
