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Icelandic (OMX) Real Estate Sector Analysis

UpdatedJul 30, 2025
DataAggregated Company Financials
Companies4
  • 7D0.9%
  • 3M6.9%
  • 1Y42.6%
  • YTD-2.7%

In the last week, the Real Estate industry is up 1.3%, with all of the companies up. In the last 12 months, the industry was up 44%.

Sector Valuation and Performance

Has the Icelandic Real Estate Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 30 Jul 2025ISK 230.7bISK 47.3bISK 28.5b8.4x8.1x4.9x
Fri, 27 Jun 2025ISK 218.8bISK 47.3bISK 28.5b7.8x7.7x4.6x
Sun, 25 May 2025ISK 219.9bISK 46.9bISK 30.0b8.2x7.3x4.7x
Tue, 22 Apr 2025ISK 203.2bISK 46.6bISK 33.2b7.1x6.1x4.4x
Thu, 20 Mar 2025ISK 204.9bISK 46.2bISK 31.0b7x6.6x4.4x
Sat, 15 Feb 2025ISK 229.0bISK 46.3bISK 31.2b7.9x7.3x4.9x
Mon, 13 Jan 2025ISK 218.7bISK 44.8bISK 24.5b10.6x8.9x4.9x
Wed, 11 Dec 2024ISK 217.5bISK 44.8bISK 24.5b10.4x8.9x4.9x
Fri, 08 Nov 2024ISK 201.6bISK 44.1bISK 19.2b9.8x10.5x4.6x
Sun, 06 Oct 2024ISK 188.0bISK 44.2bISK 16.8b17.2x11.2x4.3x
Tue, 03 Sep 2024ISK 173.0bISK 44.2bISK 16.8b16.1x10.3x3.9x
Thu, 01 Aug 2024ISK 159.4bISK 42.8bISK 25.4b6.4x6.3x3.7x
Sat, 29 Jun 2024ISK 157.5bISK 42.5bISK 24.0b6.3x6.6x3.7x
Mon, 27 May 2024ISK 152.3bISK 42.5bISK 23.1b6.2x6.6x3.6x
Wed, 24 Apr 2024ISK 147.1bISK 42.2bISK 20.3b6.5x7.2x3.5x
Fri, 22 Mar 2024ISK 155.2bISK 42.2bISK 20.3b6.9x7.6x3.7x
Sun, 18 Feb 2024ISK 168.0bISK 41.6bISK 19.5b8.4x8.6x4x
Tue, 16 Jan 2024ISK 175.4bISK 40.5bISK 13.7b11.5x12.8x4.3x
Thu, 14 Dec 2023ISK 156.1bISK 40.5bISK 13.7b10x11.4x3.9x
Sat, 11 Nov 2023ISK 152.2bISK 39.6bISK 20.6b7.7x7.4x3.8x
Mon, 09 Oct 2023ISK 160.6bISK 39.6bISK 20.6b7.9x7.8x4.1x
Wed, 06 Sep 2023ISK 165.9bISK 38.2bISK 12.1b12.8x13.7x4.3x
Fri, 04 Aug 2023ISK 163.0bISK 37.4bISK 11.8b12.9x13.8x4.4x
Sun, 02 Jul 2023ISK 154.4bISK 37.0bISK 12.9b12.7x12x4.2x
Tue, 30 May 2023ISK 155.2bISK 36.7bISK 13.1b12.7x11.8x4.2x
Thu, 27 Apr 2023ISK 167.1bISK 36.2bISK 13.6b12.3x12.3x4.6x
Sat, 25 Mar 2023ISK 158.6bISK 36.2bISK 13.6b12.1x11.7x4.4x
Mon, 20 Feb 2023ISK 166.5bISK 34.6bISK 19.9b10.2x8.4x4.8x
Wed, 18 Jan 2023ISK 167.9bISK 34.1bISK 23.3b8.5x7.2x4.9x
Fri, 16 Dec 2022ISK 175.4bISK 34.1bISK 23.3b8.6x7.5x5.1x
Sun, 13 Nov 2022ISK 187.9bISK 33.8bISK 26.4b7.9x7.1x5.6x
Tue, 11 Oct 2022ISK 177.5bISK 33.2bISK 26.5b7.4x6.7x5.4x
Thu, 08 Sep 2022ISK 190.4bISK 32.7bISK 24.7b8.3x7.7x5.8x
Sat, 06 Aug 2022ISK 199.6bISK 31.5bISK 20.3b10.4x9.8x6.3x
Price to Earnings Ratio

9.8x


Total Market Cap: ISK 199.6bTotal Earnings: ISK 20.3bTotal Revenue: ISK 31.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Icelandic Real Estate Sector Price to Earnings3Y Average 9.1x202320242025
Current Industry PE
  • Investors are pessimistic on the Icelandic 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 8.1x which is lower than its 3-year average PE of 9.1x.
  • The industry is trading close to its 3-year average PS ratio of 4.5x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have grown 12% per year over the last three years.
  • Revenues for these companies have grown 15% 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 Icelandic Real Estate sector?

IS Market-0.46%
Real Estate0.95%
Real Estate0.95%
Industry PE
  • Investors are most optimistic about the Real Estate industry even though it's trading below its 3-year average PE ratio of 9.1x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Real Estate industry, which is trading below its 3-year average of 9.1x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
HEIMAR Heimar hfISK 37.601.1%
+ISK 757.6m		50.4%PE13.3x
REITIR Reitir fasteignafélag hfISK 114.000.9%
+ISK 697.0m		34.1%PE5.7x
EIK Eik fasteignafélag hfISK 14.000.7%
+ISK 340.2m		40.0%PE8.2x
KALD Kaldalón hfISK 25.601.2%
+ISK 310.0m		53.8%PE8.6x

Latest News

EIK
ISK 14.00
Eik fasteignafélag hf
7D
0.7%
1Y
40.0%
KALD
ISK 25.60
Kaldalón hf
7D
1.2%
1Y
53.8%
REITIR
ISK 114.00
Reitir fasteignafélag hf
7D
0.9%
1Y
34.1%
HEIMAR
ISK 37.60
Heimar hf
7D
1.1%
1Y
50.4%

Lacklustre Performance Is Driving Heimar hf.'s (ICE:HEIMAR) Low P/E

Jun 15
Lacklustre Performance Is Driving Heimar hf.'s (ICE:HEIMAR) Low P/E