The Godrej Properties Limited (NSE:GODREJPROP) Analysts Have Been Trimming Their Sales Forecasts
Nov 11
Indian (NIFTY) Real Estate Sector Analysis
UpdatedNov 29, 2022
DataAggregated Company Financials
Companies179
- 7D0.6%
- 3M-4.7%
- 1Y-8.6%
- YTD-7.7%
The Real Estate is pretty flat in the last 7 days, but Macrotech Developers has stood out, gaining 3.0%. As for the longer term, the industry has declined 8.6% in the last year. As for the next few years, earnings are expected to grow by 25% per annum.
Sector Valuation and Performance
Has the Indian Real Estate Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 30 Nov 2022 | ₹4.3t | ₹614.5b | ₹103.2b | 27x | 41.9x | 7x |
| Fri, 28 Oct 2022 | ₹4.3t | ₹594.1b | ₹104.5b | 27.8x | 40.9x | 7.2x |
| Sun, 25 Sep 2022 | ₹4.3t | ₹589.3b | ₹101.9b | 28.1x | 42x | 7.3x |
| Tue, 23 Aug 2022 | ₹4.4t | ₹589.4b | ₹96.4b | 27.6x | 46x | 7.5x |
| Thu, 21 Jul 2022 | ₹4.4t | ₹551.9b | ₹80.9b | 29.9x | 54.5x | 8x |
| Sat, 18 Jun 2022 | ₹4.0t | ₹544.8b | ₹67.6b | 26.3x | 59.2x | 7.3x |
| Mon, 16 May 2022 | ₹4.0t | ₹510.9b | ₹80.5b | 29.5x | 49.5x | 7.8x |
| Wed, 13 Apr 2022 | ₹4.6t | ₹489.8b | ₹69.8b | 30.5x | 66.4x | 9.5x |
| Fri, 11 Mar 2022 | ₹4.3t | ₹489.9b | ₹69.8b | 29.8x | 62.1x | 8.9x |
| Sun, 06 Feb 2022 | ₹4.7t | ₹484.3b | ₹67.6b | 37x | 70.1x | 9.8x |
| Tue, 04 Jan 2022 | ₹4.7t | ₹473.9b | ₹67.5b | 35.1x | 69.6x | 9.9x |
| Thu, 02 Dec 2021 | ₹4.8t | ₹473.8b | ₹67.4b | 24.9x | 70.6x | 10.1x |
| Sat, 30 Oct 2021 | ₹4.6t | ₹453.9b | ₹63.4b | 35.7x | 72.3x | 10.1x |
| Mon, 27 Sep 2021 | ₹4.5t | ₹470.8b | ₹42.8b | 32x | 104x | 9.5x |
| Wed, 25 Aug 2021 | ₹3.6t | ₹482.8b | ₹43.1b | 26.7x | 83.5x | 7.5x |
| Thu, 01 Jul 2021 | ₹3.3t | ₹482.8b | ₹43.1b | 25.7x | 76.2x | 6.8x |
| Sun, 04 Apr 2021 | ₹2.6t | ₹373.3b | ₹25.7b | 19.3x | 101.8x | 7x |
| Wed, 06 Jan 2021 | ₹2.2t | ₹363.7b | -₹23,124,655,028.00 | 19.5x | -94.6x | 6x |
| Sat, 10 Oct 2020 | ₹1.5t | ₹381.4b | -₹21,041,626,660.00 | 14.1x | -73.3x | 4x |
| Fri, 03 Jul 2020 | ₹1.5t | ₹420.1b | -₹11,131,469,468.00 | 12.8x | -130.8x | 3.5x |
| Mon, 06 Apr 2020 | ₹1.3t | ₹487.8b | ₹5.1b | 13.5x | 258.6x | 2.7x |
| Thu, 09 Jan 2020 | ₹2.0t | ₹526.8b | ₹39.0b | 14.3x | 51.8x | 3.8x |
Price to Earnings Ratio
58.1x
Current Industry PE
- Investors are relatively neutral on the Indian 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 PE ratio of 40.9x.
- The industry is trading close to its 3-year average PS ratio of 6.4x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have grown 45% per year over the last three years.
- Revenues for these companies have grown 5.0% 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 Indian Real Estate sector?
| IN Market | 1.88% | |
| Real Estate | 0.63% | |
| REITS | 0.98% | |
| Real Estate | 0.56% | |
Industry PE
- Investors are most optimistic about the REITS industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 25.0%, which is higher than its past year's earnings growth of 12.9% per year.
- Investors are most pessimistic about the Real Estate industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 26% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the REITS industry is expected to see its earnings grow by 25% 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 | |
|---|---|---|---|---|---|
| 543287 Macrotech Developers | ₹994.15 | 3.0% +₹14.0b | -29.5% | PB4.2x | |
| OBEROIRLTY Oberoi Realty | ₹904.50 | 1.7% +₹5.6b | 8.6% | PB3x | |
| DLF DLF | ₹392.55 | 0.5% +₹4.6b | 4.7% | PB2.7x | |
| EMBASSY Embassy Office Parks REIT | ₹340.94 | 1.3% +₹4.2b | -5.3% | PB1.3x | |
| GODREJPROP Godrej Properties | ₹1.28k | 1.1% +₹3.9b | -36.0% | PB4x |