Italian (Borsa Italiana) Real Estate Sector Analysis
UpdatedNov 30, 2022
DataAggregated Company Financials
Companies17
- 7D1.0%
- 3M-1.7%
- 1Y1.6%
- YTD-4.8%
Over the last 7 days, the Real Estate industry has risen 1.0%, driven by gains from Immobiliare Grande Distribuzione SIIQ of 3.8%. The industry has been flat over the past 12 months despite the gain this week. Looking forward, earnings are forecast to grow by 23% annually.
Sector Valuation and Performance
Has the Italian Real Estate Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 30 Nov 2022 | €1.4b | €439.8m | €13.0m | 6.2x | 109x | 3.2x |
| Fri, 28 Oct 2022 | €1.4b | €452.4m | €1.8m | 6.1x | 754.3x | 3.1x |
| Sun, 25 Sep 2022 | €1.4b | €432.3m | -€1,077,289.00 | 10.1x | -1255x | 3.1x |
| Tue, 23 Aug 2022 | €1.5b | €431.4m | -€1,317,964.00 | 11.8x | -1123.1x | 3.4x |
| Thu, 21 Jul 2022 | €1.5b | €437.7m | €977.4k | 12.1x | 1518.3x | 3.4x |
| Sat, 18 Jun 2022 | €1.5b | €436.8m | €2.5m | 10.4x | 583.6x | 3.3x |
| Mon, 16 May 2022 | €1.5b | €436.5m | -€890,796.00 | 10.9x | -1723.4x | 3.5x |
| Wed, 13 Apr 2022 | €1.6b | €431.7m | €14.9m | 27.8x | 104.7x | 3.6x |
| Fri, 11 Mar 2022 | €1.5b | €430.3m | €10.8m | 15.1x | 134.2x | 3.4x |
| Sun, 06 Feb 2022 | €1.5b | €422.2m | -€49,676,096.00 | 19x | -30.1x | 3.5x |
| Tue, 04 Jan 2022 | €1.5b | €422.2m | -€49,676,096.00 | 19.6x | -29.8x | 3.5x |
| Thu, 02 Dec 2021 | €1.3b | €422.4m | -€50,201,096.00 | 18.9x | -26.8x | 3.2x |
| Sat, 30 Oct 2021 | €1.4b | €398.1m | -€65,440,463.00 | 31.1x | -21.1x | 3.5x |
| Mon, 27 Sep 2021 | €1.4b | €400.4m | -€65,206,399.00 | 25.6x | -21.4x | 3.5x |
| Wed, 25 Aug 2021 | €1.4b | €400.2m | -€71,929,594.00 | 25x | -19.5x | 3.5x |
| Thu, 01 Jul 2021 | €1.3b | €400.2m | -€71,929,594.00 | 18.4x | -18.4x | 3.3x |
| Sun, 04 Apr 2021 | €1.1b | €352.9m | -€167,062,594.00 | 28.7x | -6.3x | 3x |
| Wed, 06 Jan 2021 | €989.3m | €329.7m | -€167,884,126.00 | 65.5x | -5.9x | 3x |
| Sat, 10 Oct 2020 | €845.3m | €321.1m | -€109,150,207.00 | 20.3x | -7.7x | 2.6x |
| Fri, 03 Jul 2020 | €926.2m | €331.8m | -€105,464,157.00 | 10.4x | -8.8x | 2.8x |
| Mon, 06 Apr 2020 | €925.1m | €340.6m | -€17,251,208.00 | 14.5x | -53.6x | 2.7x |
| Thu, 09 Jan 2020 | €1.3b | €347.3m | -€6,229,257.00 | 79.7x | -211.1x | 3.8x |
Price to Earnings Ratio
59x
Current Industry PE
- Investors are optimistic on the Italian Real Estate industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 109x which is higher than its 3-year average PE of -11kx.
- The industry is trading close to its 3-year average PS ratio of 3.2x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have declined 15% per year over the last three years.
- Meanwhile revenues for these companies have grown 13% 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 Italian Real Estate sector?
| IT Market | -0.16% | |
| Real Estate | 1.01% | |
| REITS | 1.68% | |
| Real Estate | 0.15% | |
Industry PE
- Investors are most optimistic about the REITS industry which is trading above its 3-year average PE ratio of 1.0x.
- Analysts are expecting annual earnings growth of 18.1%, which is higher than its past year's earnings decline of 28.9% per year.
Forecasted Growth
- Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 68% over the next 5 years.
- However this is lower than its past earnings growth rate of 108% per year.
- In contrast, the REITS industry is expected to see its earnings grow by 18% 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 | |
|---|---|---|---|---|---|
| IGD Immobiliare Grande Distribuzione SIIQ | €3.26 | 3.8% +€13.2m | -5.9% | PB0.3x | |
| BRI Brioschi Sviluppo Immobiliare | €0.077 | 4.9% +€2.8m | -13.9% | PB0.8x | |
| GAB Gabetti Property Solutions | €1.14 | 1.8% +€1.2m | -38.4% | PB2.2x | |
| TCM Tecma Solutions | €7.90 | 1.3% +€860.9k | -19.9% | PB3.5x | |
| RN Risanamento | €0.12 | 0.3% +€720.3k | -5.1% | PB2.9x |