Maltese (MSE) Real Estate Sector Analysis
UpdatedApr 19, 2024
DataAggregated Company Financials
Companies10
- 7D-1.5%
- 3M-10.9%
- 1Y-12.1%
- YTD-7.8%
Over the last 7 days, the Real Estate industry has dropped 3.3%, driven by MIDI declining 13%. However, the industry is down 11% over the past year.
Sector Valuation and Performance
Has the Maltese Real Estate Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 20 Apr 2024 | €522.8m | €89.2m | €71.5m | 11.4x | 7.3x | 5.9x |
| Mon, 18 Mar 2024 | €536.0m | €85.5m | €72.2m | 11.3x | 7.4x | 6.3x |
| Wed, 14 Feb 2024 | €568.3m | €85.5m | €72.2m | 11.2x | 7.9x | 6.6x |
| Fri, 12 Jan 2024 | €579.6m | €85.5m | €72.2m | 11.9x | 8x | 6.8x |
| Sun, 10 Dec 2023 | €588.1m | €85.5m | €72.2m | 11.9x | 8.1x | 6.9x |
| Tue, 07 Nov 2023 | €558.2m | €85.5m | €72.2m | 11.2x | 7.7x | 6.5x |
| Thu, 05 Oct 2023 | €569.6m | €85.5m | €72.2m | 12.4x | 7.9x | 6.7x |
| Sat, 02 Sep 2023 | €577.9m | €84.6m | €72.2m | 12.4x | 8x | 6.8x |
| Mon, 31 Jul 2023 | €586.6m | €77.3m | €32.9m | 18.1x | 17.8x | 7.6x |
| Wed, 28 Jun 2023 | €572.2m | €77.9m | €33.3m | 17.2x | 17.2x | 7.3x |
| Fri, 26 May 2023 | €591.3m | €77.9m | €33.3m | 17.2x | 17.7x | 7.6x |
| Sun, 23 Apr 2023 | €595.1m | €67.7m | €25.8m | 26.1x | 23.1x | 8.8x |
| Tue, 21 Mar 2023 | €607.7m | €59.8m | -€15,348,380.00 | 27.5x | -39.6x | 10.2x |
| Thu, 16 Feb 2023 | €635.1m | €55.4m | -€37,447,241.00 | 26.1x | -17x | 11.5x |
| Sat, 14 Jan 2023 | €642.3m | €55.4m | -€37,447,241.00 | 26.1x | -17.2x | 11.6x |
| Mon, 12 Dec 2022 | €638.1m | €55.4m | -€37,447,241.00 | 26.1x | -17x | 11.5x |
| Wed, 09 Nov 2022 | €643.8m | €53.1m | -€37,979,794.00 | 27.1x | -17x | 12.1x |
| Fri, 07 Oct 2022 | €679.4m | €53.1m | -€37,979,794.00 | 26.7x | -17.9x | 12.8x |
| Sun, 04 Sep 2022 | €663.0m | €57.9m | -€36,668,175.00 | 30x | -18.1x | 11.5x |
| Tue, 02 Aug 2022 | €647.9m | €58.2m | -€24,624,752.00 | 29.8x | -26.3x | 11.1x |
| Thu, 30 Jun 2022 | €675.2m | €58.0m | -€24,819,706.00 | 35.3x | -27.2x | 11.6x |
| Sat, 28 May 2022 | €698.3m | €53.7m | -€25,951,954.00 | 35.9x | -26.9x | 13x |
| Mon, 25 Apr 2022 | €659.0m | €52.0m | -€25,822,809.00 | 21x | -25.5x | 12.7x |
| Wed, 23 Mar 2022 | €671.5m | €50.9m | -€8,730,169.00 | 58.2x | -76.9x | 13.2x |
| Fri, 18 Feb 2022 | €531.8m | €49.8m | €26.7m | 20.6x | 19.9x | 10.7x |
| Sun, 16 Jan 2022 | €471.3m | €41.9m | €22.4m | 45.4x | 21x | 11.2x |
| Tue, 14 Dec 2021 | €463.7m | €41.9m | €22.4m | 45x | 20.7x | 11.1x |
| Thu, 11 Nov 2021 | €480.4m | €41.9m | €22.4m | 46.9x | 21.5x | 11.5x |
| Sat, 09 Oct 2021 | €424.1m | €41.3m | €22.8m | 47.7x | 18.6x | 10.3x |
| Mon, 06 Sep 2021 | €412.4m | €41.4m | €22.8m | 47.3x | 18.1x | 10x |
| Wed, 04 Aug 2021 | €382.1m | €41.4m | €22.8m | 41.6x | 16.8x | 9.2x |
| Sat, 08 May 2021 | €418.9m | €37.2m | €17.8m | 44x | 23.5x | 11.3x |
Price to Earnings Ratio
23.5x
Current Industry PE
- Investors are pessimistic on the Maltese 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 7.3x which is higher than its 3-year average PE of -0.73x.
- The 3-year average PS ratio of 9.9x is higher than the industry's current PS ratio of 5.9x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have grown 59% per year over the last three years.
- Revenues for these companies have grown 34% 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 Maltese Real Estate sector?
| MT Market | -0.083% | |
| Real Estate | -1.46% | |
| REITS | 0% | |
| Specialized REITs | 0% | |
| Residential REITs | 0% | |
| Hotel and Resort REITs | 0% | |
| Industrial REITs | 0% | |
| Health Care REITs | 0% | |
| Retail REITs | 0% | |
| Office REITs | 0% | |
| Real Estate | -1.46% | |
Industry PE
- Investors are most optimistic about the Real Estate industry which is trading above its 3-year average PE ratio.
- 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.
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| AXR AX Real Estate | €0.49 | 0.8% +€1.1m | 0.8% | PE329.3x | |
| MPC Malta Properties | €0.31 | 3.3% +€1.0m | -22.5% | PE15.2x |