Israeli (TA) Real Estate Development Industry Analysis
UpdatedNov 28, 2023
DataAggregated Company Financials
Companies18
- 7D3.4%
- 3M-2.4%
- 1Y-14.1%
- YTD-7.5%
Over the last 7 days, the Real Estate Development industry has risen 3.4%, driven by gains in Prashkovsky Investments and Construction and Carasso Real Estate of 6.2% and 7.5%, respectively. In contrast, the industry has lost 14% in the last 12 months.
Industry Valuation and Performance
Has the Israeli Real Estate Development Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 29 Nov 2023 | ₪10.0b | ₪5.2b | ₪1.0b | 8.6x | 9.7x | 1.9x |
| Fri, 27 Oct 2023 | ₪8.4b | ₪5.3b | ₪1.2b | 5x | 7.3x | 1.6x |
| Sun, 24 Sep 2023 | ₪10.7b | ₪5.3b | ₪1.2b | 6.2x | 9.2x | 2x |
| Tue, 22 Aug 2023 | ₪10.3b | ₪5.7b | ₪1.3b | 5.3x | 7.8x | 1.8x |
| Thu, 20 Jul 2023 | ₪11.5b | ₪5.8b | ₪1.4b | 5.9x | 8x | 2x |
| Sat, 17 Jun 2023 | ₪11.0b | ₪5.8b | ₪1.4b | 5.5x | 7.6x | 1.9x |
| Mon, 15 May 2023 | ₪10.7b | ₪6.1b | ₪1.4b | 6x | 7.5x | 1.8x |
| Wed, 12 Apr 2023 | ₪9.8b | ₪6.1b | ₪1.4b | 5.4x | 6.8x | 1.6x |
| Fri, 10 Mar 2023 | ₪9.7b | ₪6.1b | ₪1.9b | 4.4x | 5.1x | 1.6x |
| Sun, 05 Feb 2023 | ₪11.4b | ₪6.1b | ₪2.0b | 4.4x | 5.7x | 1.9x |
| Tue, 03 Jan 2023 | ₪10.9b | ₪6.1b | ₪2.0b | 4.2x | 5.5x | 1.8x |
| Thu, 01 Dec 2022 | ₪12.8b | ₪6.0b | ₪2.0b | 4.6x | 6.4x | 2.2x |
| Sat, 29 Oct 2022 | ₪13.3b | ₪6.1b | ₪2.0b | 4.6x | 6.7x | 2.2x |
| Mon, 26 Sep 2022 | ₪14.5b | ₪6.1b | ₪2.0b | 5.4x | 7.3x | 2.4x |
| Wed, 24 Aug 2022 | ₪15.1b | ₪5.9b | ₪1.9b | 6.4x | 8.1x | 2.6x |
| Fri, 22 Jul 2022 | ₪13.3b | ₪5.9b | ₪1.7b | 7.3x | 7.8x | 2.3x |
| Sun, 19 Jun 2022 | ₪10.8b | ₪5.9b | ₪1.7b | 5.6x | 6.3x | 1.8x |
| Tue, 17 May 2022 | ₪12.8b | ₪5.8b | ₪1.7b | 7.4x | 7.6x | 2.2x |
| Thu, 14 Apr 2022 | ₪14.8b | ₪5.8b | ₪1.7b | 8.5x | 8.8x | 2.5x |
| Sat, 12 Mar 2022 | ₪13.8b | ₪6.1b | ₪983.9m | 14.3x | 14x | 2.3x |
| Mon, 07 Feb 2022 | ₪14.8b | ₪6.1b | ₪983.9m | 15.6x | 15x | 2.4x |
| Wed, 05 Jan 2022 | ₪14.0b | ₪6.0b | ₪953.7m | 18.3x | 14.7x | 2.3x |
| Fri, 03 Dec 2021 | ₪11.9b | ₪5.8b | ₪908.5m | 17.5x | 13x | 2x |
| Sun, 31 Oct 2021 | ₪11.4b | ₪5.8b | ₪903.3m | 16.2x | 12.6x | 2x |
| Tue, 28 Sep 2021 | ₪11.3b | ₪5.8b | ₪904.0m | 15.8x | 12.5x | 2x |
| Thu, 26 Aug 2021 | ₪10.2b | ₪5.7b | ₪867.2m | 14x | 11.8x | 1.8x |
| Fri, 02 Jul 2021 | ₪9.3b | ₪5.7b | ₪827.2m | 13.2x | 11.3x | 1.6x |
| Mon, 05 Apr 2021 | ₪8.8b | ₪5.5b | ₪700.9m | 15.8x | 12.5x | 1.6x |
| Thu, 07 Jan 2021 | ₪7.7b | ₪5.1b | ₪509.7m | 15.5x | 15.2x | 1.5x |
Price to Earnings Ratio
13.2x
Current Industry PE
- Investors are relatively neutral on the Israeli Real Estate Development 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 PE ratio of 10.0x.
- The industry is trading close to its 3-year average PS ratio of 1.9x.
Past Earnings Growth
- The earnings for companies in the Real Estate Development industry have grown 26% per year over the last three years.
- Revenues for these companies have grown 3.1% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Israeli Real Estate Development compare with similar industries?
| IL Market | 2.29% | |
| Real Estate | 3.32% | |
| Real Estate | 3.35% | |
| Real Estate Development | 3.43% | |
| Real Estate Operating Companies | 3.73% | |
| Diversified Real Estate | 1.47% | |
| 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 | |
|---|---|---|---|---|---|
| CRSR Carasso Real Estate | ₪26.92 | 11.8% +₪153.8m | -29.8% | n/a | |
| AFRE Africa Israel Residences | ₪200.00 | 4.7% +₪113.8m | 21.7% | PE17.9x | |
| PRSK Prashkovsky Investments and Construction | ₪81.14 | 3.5% +₪57.7m | -6.8% | PE8.6x | |
| BVGG Bait Vegag Real Estate Development | ₪6.79 | 7.9% +₪27.2m | 24.5% | n/a | |
| HNMR Hanan Mor Group - Holdings | ₪4.46 | 53.4% +₪26.9m | -86.8% | PE1.5x |