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South Korean (KOSPI) Real Estate Sector Analysis

UpdatedAug 11, 2025
DataAggregated Company Financials
Companies34
  • 7D2.8%
  • 3M1.4%
  • 1Y-7.1%
  • YTD7.3%

Over the last 7 days, the Real Estate industry has risen 2.8%, driven by gains in LOTTE REIT and ESR Kendall Square REIT of 5.0% and 4.7%, respectively. In the past year, the industry is down 7.1%. As for the next few years, earnings are expected to grow by 5.1% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 11 Aug 2025₩11.2t₩5.5t₩70.0b26.3x160.3x2x
Wed, 09 Jul 2025₩10.6t₩5.5t₩70.0b31.5x151.1x1.9x
Fri, 06 Jun 2025₩10.5t₩5.5t₩70.0b33.6x149.5x1.9x
Sun, 04 May 2025₩10.5t₩5.7t₩90.1b9.5x116.7x1.8x
Tue, 01 Apr 2025₩10.2t₩5.7t₩108.4b9.3x93.9x1.8x
Thu, 27 Feb 2025₩10.4t₩5.3t₩11.7b16.9x882.5x1.9x
Sat, 25 Jan 2025₩9.7t₩5.3t₩27.9b15.9x348.5x1.8x
Mon, 23 Dec 2024₩9.5t₩5.3t₩27.9b16.3x341.4x1.8x
Wed, 20 Nov 2024₩9.5t₩5.6t₩16.6b7.1x572x1.7x
Fri, 18 Oct 2024₩10.0t₩5.6t₩16.6b8.2x602.4x1.8x
Sun, 15 Sep 2024₩10.2t₩5.6t₩16.0b8.4x639.4x1.8x
Tue, 13 Aug 2024₩10.3t₩6.0t₩192.5b5.8x53.4x1.7x
Thu, 11 Jul 2024₩9.9t₩6.0t₩192.1b5.7x51.5x1.6x
Sat, 08 Jun 2024₩10.2t₩6.0t₩193.1b5.5x52.9x1.7x
Mon, 06 May 2024₩9.8t₩6.5t₩275.6b3.5x35.5x1.5x
Wed, 03 Apr 2024₩9.7t₩6.5t₩274.3b3.6x35.5x1.5x
Fri, 01 Mar 2024₩9.8t₩7.0t₩321.7b3.2x30.6x1.4x
Sun, 28 Jan 2024₩9.6t₩7.0t₩320.5b3.2x29.9x1.4x
Tue, 26 Dec 2023₩9.9t₩7.0t₩320.5b3.6x30.9x1.4x
Thu, 23 Nov 2023₩9.8t₩7.1t₩376.2b4x26.1x1.4x
Sat, 21 Oct 2023₩9.3t₩7.2t₩402.7b3.3x23.1x1.3x
Mon, 18 Sep 2023₩9.8t₩7.3t₩418.4b3.5x23.3x1.3x
Wed, 16 Aug 2023₩9.6t₩7.2t₩390.3b10.1x24.5x1.3x
Fri, 14 Jul 2023₩10.2t₩7.2t₩389.6b10.6x26.1x1.4x
Sun, 11 Jun 2023₩10.6t₩7.2t₩391.2b10.7x27.2x1.5x
Tue, 09 May 2023₩10.1t₩6.7t₩424.0b7.1x23.9x1.5x
Thu, 06 Apr 2023₩9.6t₩6.7t₩425.0b6.1x22.6x1.4x
Sat, 04 Mar 2023₩9.6t₩6.0t₩482.3b4.3x19.9x1.6x
Mon, 30 Jan 2023₩10.0t₩6.0t₩482.3b4.4x20.7x1.7x
Wed, 28 Dec 2022₩9.7t₩6.0t₩482.3b4.5x20.1x1.6x
Fri, 25 Nov 2022₩9.4t₩5.9t₩515.7b4.2x18.2x1.6x
Sun, 23 Oct 2022₩8.3t₩5.2t₩504.4b4.2x16.4x1.6x
Tue, 20 Sep 2022₩10.5t₩5.2t₩504.4b4.8x20.8x2x
Thu, 18 Aug 2022₩10.7t₩4.4t₩533.9b4.9x20x2.4x
Price to Earnings Ratio

20x


Total Market Cap: ₩10.7tTotal Earnings: ₩533.9bTotal Revenue: ₩4.4tTotal Market Cap vs Earnings and Revenue0%0%0%
South Korean Real Estate Sector Price to Earnings3Y Average 126.4x202320242025
Current Industry PE
  • Investors are optimistic on the South Korean Real Estate industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 160x which is higher than its 3-year average PE of 126x.
  • The 3-year average PS ratio of 1.7x is lower than the industry's current PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have declined 49% per year over the last three years.
  • Meanwhile revenues for these companies have grown 7.7% 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 South Korean Real Estate sector?

KR Market3.17%
Real Estate2.81%
Retail REITs4.78%
Industrial REITs4.53%
Real Estate3.39%
REITS2.52%
Office REITs2.08%
Specialized REITs0.23%
Hotel and Resort REITs0%0
Residential REITs-0.62%
Industry PE
  • Investors are most optimistic about the REITS industry which is trading above its 3-year average PE ratio of 48.9x.
    • 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, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 2.5x.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 5.1% over the next 5 years.
  • This is better than its past earnings decline of 71% per year.
  • In contrast, the Real Estate industry is expected to see its earnings grow by 5.1% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
A330590 LOTTE REIT₩3.97k3.7%
+₩40.5b
-1.7%n/a
A365550 ESR Kendall Square REIT₩4.44k2.0%
+₩20.9b
-9.8%n/a
A348950 JR Global REIT₩2.62k4.2%
+₩20.7b
-30.1%n/a
A395400 SK Reits₩4.92k1.4%
+₩20.4b
-3.0%n/a
A094800 Mirae Asset Asia Pacific Real Estate 1 Investment₩4.62k3.0%
+₩12.5b
7.3%n/a

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