Dutch (AEX) Real Estate Sector Analysis
UpdatedApr 24, 2024
DataAggregated Company Financials
Companies7
- 7D0.3%
- 3M1.6%
- 1Y24.1%
- YTD3.5%
Over the last 7 days, the Real Estate industry has remained flat, although notably Wereldhave gained 3.3%. The past year has been better, since the industry has gained 24% in that time. As for the next few years, earnings are expected to grow by 19% per annum.
Sector Valuation and Performance
Has the Dutch Real Estate Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 24 Apr 2024 | €9.7b | €1.3b | €759.1m | 7.9x | 12.8x | 7.6x |
| Fri, 22 Mar 2024 | €9.8b | €1.3b | €824.7m | 7.9x | 11.9x | 7.7x |
| Sun, 18 Feb 2024 | €9.3b | €1.2b | €938.2m | 7.4x | 9.9x | 7.5x |
| Tue, 16 Jan 2024 | €16.1b | €4.2b | €1.1b | 19.2x | 14.4x | 3.8x |
| Thu, 14 Dec 2023 | €15.9b | €4.2b | €1.1b | 18.8x | 14.3x | 3.8x |
| Sat, 11 Nov 2023 | €15.7b | €4.2b | €954.7m | 19.6x | 16.5x | 3.8x |
| Mon, 09 Oct 2023 | €15.2b | €4.2b | €855.1m | 12.7x | 17.8x | 3.7x |
| Wed, 06 Sep 2023 | €15.2b | €4.2b | €855.1m | 13.8x | 17.7x | 3.6x |
| Fri, 04 Aug 2023 | €14.9b | €4.1b | €1.1b | 8.3x | 13.1x | 3.6x |
| Sun, 02 Jul 2023 | €14.6b | €4.1b | €1.3b | 9.8x | 11.3x | 3.5x |
| Tue, 30 May 2023 | €14.7b | €4.1b | €1.3b | 9.6x | 11.4x | 3.5x |
| Thu, 27 Apr 2023 | €14.5b | €4.1b | €1.2b | 9.6x | 12x | 3.5x |
| Sat, 25 Mar 2023 | €5.3b | €590.8m | €774.7m | 6.5x | 6.8x | 8.9x |
| Mon, 20 Feb 2023 | €17.2b | €4.1b | €1.8b | 6x | 9.3x | 4.2x |
| Wed, 18 Jan 2023 | €16.2b | €3.8b | €1.6b | 4.3x | 9.8x | 4.3x |
| Fri, 16 Dec 2022 | €14.8b | €3.8b | €1.6b | 4.2x | 9x | 3.9x |
| Sun, 13 Nov 2022 | €15.2b | €3.8b | €1.6b | 4.4x | 9.2x | 4x |
| Tue, 11 Oct 2022 | €12.5b | €3.7b | €1.6b | 4x | 7.6x | 3.4x |
| Thu, 08 Sep 2022 | €15.6b | €3.7b | €1.7b | 4.7x | 9.2x | 4.2x |
| Sat, 06 Aug 2022 | €16.0b | €3.6b | €1.2b | 7.3x | 13.4x | 4.4x |
| Mon, 04 Jul 2022 | €14.3b | €3.0b | €57.0m | 7.9x | 251.1x | 4.8x |
| Wed, 01 Jun 2022 | €17.9b | €3.0b | €57.0m | 9.3x | 313.7x | 6x |
| Fri, 29 Apr 2022 | €18.4b | €2.9b | €68.5m | 6.1x | 269.3x | 6.3x |
| Sun, 27 Mar 2022 | €18.4b | €3.0b | €140.5m | 6.2x | 131x | 6.2x |
| Tue, 22 Feb 2022 | €19.4b | €2.9b | -€481,187,041.00 | 6.6x | -40.3x | 6.6x |
| Thu, 20 Jan 2022 | €19.1b | €2.1b | -€3,683,964,041.00 | 6x | -5.2x | 9.2x |
| Sat, 18 Dec 2021 | €17.8b | €2.1b | -€3,683,964,041.00 | 5.3x | -4.8x | 8.6x |
| Mon, 15 Nov 2021 | €19.5b | €2.1b | -€3,753,044,041.00 | 5.9x | -5.2x | 9.4x |
| Wed, 13 Oct 2021 | €18.5b | €2.1b | -€3,704,962,041.00 | 9.9x | -5x | 9x |
| Fri, 10 Sep 2021 | €20.1b | €2.1b | -€3,704,962,041.00 | 10x | -5.4x | 9.8x |
| Sun, 08 Aug 2021 | €31.0b | €2.1b | -€3,707,877,041.00 | 17.5x | -8.4x | 15x |
| Sat, 01 May 2021 | €26.9b | €2.0b | -€5,443,911,541.00 | 32.8x | -4.9x | 13.2x |
Price to Earnings Ratio
-4.9x
Current Industry PE
- Investors are pessimistic on the Dutch 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 12.8x which is lower than its 3-year average PE of 31.7x.
- The 3-year average PS ratio of 6.5x is lower than the industry's current PS ratio of 7.6x.
Past Earnings Growth
- Total earnings for the Real Estate industry have gone up over the last three years and the industry is now profitable.
- Revenues have declined 14% per year.
- This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the Dutch Real Estate sector?
| NL Market | -1.72% | |
| Real Estate | 0.27% | |
| Retail REITs | 2.03% | |
| REITS | 0% | |
| Specialized REITs | 0% | |
| Residential REITs | 0% | |
| Hotel and Resort REITs | 0% | |
| Industrial REITs | 0% | |
| Health Care REITs | 0% | |
| Real Estate | -0.12% | |
| Office REITs | -2.15% | |
Industry PE
- Investors are most optimistic about the Retail REITs industry which is trading above its 3-year average PE ratio of 28.7x.
- Analysts are expecting annual earnings growth of 47.1%, which is higher than its past year's earnings growth of 38.7% per year.
Forecasted Growth
- Analysts are most optimistic on the Office REITs industry, expecting annual earnings growth of 110% over the next 5 years.
- In contrast, the Real Estate industry is expected to see its earnings grow by 6.4% 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 | |
|---|---|---|---|---|---|
| CTPNV CTP | €16.00 | 2.0% +€143.4m | 37.0% | PE7.8x | |
| ECMPA Eurocommercial Properties | €21.35 | 3.4% +€37.3m | -0.05% | PB0.6x | |
| WHA Wereldhave | €14.50 | 3.6% +€21.8m | 6.1% | PB0.7x | |
| VASTN Vastned Retail | €22.55 | 3.4% +€12.9m | 10.5% | PB0.6x |