Filipino (PSEi) Real Estate Sector Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies60
- 7D-1.6%
- 3M3.6%
- 1Y-4.2%
- YTD-5.2%
Over the last 7 days, the Real Estate industry has dropped 1.6%, driven by a pullback from SM Prime Holdings of 1.7%. However, the industry is down 4.2% over the past year. Looking forward, earnings are forecast to grow by 9.9% annually.
Sector Valuation and Performance
Has the Filipino Real Estate Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | ₱2.1t | ₱755.8b | ₱219.4b | 5.6x | 9.4x | 2.7x |
| Sun, 23 Jun 2024 | ₱1.9t | ₱755.8b | ₱219.4b | 6.2x | 8.6x | 2.5x |
| Tue, 21 May 2024 | ₱2.1t | ₱755.2b | ₱218.7b | 6.7x | 9.4x | 2.7x |
| Thu, 18 Apr 2024 | ₱2.0t | ₱702.8b | ₱212.5b | 6.6x | 9.2x | 2.8x |
| Sat, 16 Mar 2024 | ₱2.1t | ₱705.3b | ₱185.7b | 6.9x | 11.5x | 3x |
| Mon, 12 Feb 2024 | ₱2.3t | ₱686.9b | ₱181.1b | 7x | 12.5x | 3.3x |
| Wed, 10 Jan 2024 | ₱2.2t | ₱686.9b | ₱181.1b | 7.1x | 12.3x | 3.2x |
| Fri, 08 Dec 2023 | ₱2.1t | ₱686.3b | ₱180.7b | 6.8x | 11.7x | 3.1x |
| Sun, 05 Nov 2023 | ₱2.0t | ₱664.8b | ₱172.3b | 7.3x | 11.6x | 3x |
| Tue, 03 Oct 2023 | ₱2.0t | ₱664.8b | ₱172.2b | 7.1x | 11.8x | 3.1x |
| Thu, 31 Aug 2023 | ₱2.0t | ₱662.2b | ₱169.1b | 7.7x | 11.8x | 3x |
| Sat, 29 Jul 2023 | ₱2.1t | ₱645.2b | ₱157.8b | 6.6x | 13.3x | 3.3x |
| Mon, 26 Jun 2023 | ₱2.0t | ₱645.3b | ₱157.8b | 7.1x | 13x | 3.2x |
| Wed, 24 May 2023 | ₱2.1t | ₱646.1b | ₱157.6b | 7.4x | 13.5x | 3.3x |
| Fri, 21 Apr 2023 | ₱2.1t | ₱619.8b | ₱149.4b | 8.2x | 14.2x | 3.4x |
| Sun, 19 Mar 2023 | ₱17.6b | ₱1.1b | ₱1.5b | 18x | 12.1x | 16.2x |
| Tue, 14 Feb 2023 | ₱2.3t | ₱586.3b | ₱148.2b | 9.5x | 15.6x | 3.9x |
| Thu, 12 Jan 2023 | ₱2.2t | ₱585.9b | ₱148.1b | 9x | 15.1x | 3.8x |
| Sat, 10 Dec 2022 | ₱2.2t | ₱585.9b | ₱148.1b | 8.6x | 14.7x | 3.7x |
| Mon, 07 Nov 2022 | ₱2.0t | ₱546.5b | ₱138.0b | 7.5x | 14.7x | 3.7x |
| Wed, 05 Oct 2022 | ₱2.0t | ₱544.7b | ₱137.0b | 8x | 14.8x | 3.7x |
| Fri, 02 Sep 2022 | ₱2.3t | ₱544.7b | ₱137.0b | 8.3x | 16.7x | 4.2x |
| Sun, 31 Jul 2022 | ₱2.2t | ₱512.9b | ₱139.3b | 8.4x | 15.9x | 4.3x |
| Tue, 28 Jun 2022 | ₱2.2t | ₱512.9b | ₱139.3b | 8.1x | 16x | 4.3x |
| Thu, 26 May 2022 | ₱2.4t | ₱502.8b | ₱136.2b | 8.6x | 17.3x | 4.7x |
| Sat, 23 Apr 2022 | ₱2.5t | ₱506.5b | ₱121.8b | 11.3x | 20.2x | 4.9x |
| Mon, 21 Mar 2022 | ₱2.6t | ₱491.9b | ₱107.9b | 14x | 23.7x | 5.2x |
| Wed, 16 Feb 2022 | ₱2.6t | ₱485.5b | ₱102.8b | 11.8x | 24.9x | 5.3x |
| Fri, 14 Jan 2022 | ₱2.5t | ₱485.2b | ₱102.8b | 11.2x | 24.3x | 5.2x |
| Sun, 12 Dec 2021 | ₱2.5t | ₱484.8b | ₱102.5b | 12.7x | 24.1x | 5.1x |
| Tue, 09 Nov 2021 | ₱2.6t | ₱483.2b | ₱103.0b | 11.5x | 24.8x | 5.3x |
| Thu, 07 Oct 2021 | ₱2.4t | ₱478.0b | ₱100.8b | 11.8x | 23.4x | 4.9x |
| Sat, 04 Sep 2021 | ₱2.2t | ₱479.7b | ₱101.9b | 12.4x | 21.9x | 4.6x |
| Mon, 02 Aug 2021 | ₱2.1t | ₱478.2b | ₱100.5b | 11.8x | 21.1x | 4.4x |
Price to Earnings Ratio
21.1x
Current Industry PE
- Investors are pessimistic on the Filipino 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 9.4x which is lower than its 3-year average PE of 15.8x.
- The 3-year average PS ratio of 3.9x is higher than the industry's current PS ratio of 2.7x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have grown 30% per year over the last three years.
- Revenues for these companies have grown 16% 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 Filipino Real Estate sector?
| PH Market | 0.14% | |
| Real Estate | -1.62% | |
| Specialized REITs | 0.35% | |
| Residential REITs | 0% | |
| Hotel and Resort REITs | 0% | |
| Industrial REITs | 0% | |
| Health Care REITs | 0% | |
| Retail REITs | 0% | |
| REITS | -0.17% | |
| Real Estate | -1.46% | |
| Office REITs | -3.24% | |
Industry PE
- Investors are most optimistic about the Specialized REITs industry, which is trading close to its 3-year average PE ratio of 13.0x.
- Analysts are expecting annual earnings growth of 2.0%, which is lower than the prior year's growth of 15.5% per year.
- Investors are most pessimistic about the REITS industry, which is trading below its 3-year average of 25.3x.
Forecasted Growth
- Analysts are most optimistic on the Office REITs industry, expecting annual earnings growth of 13% over the next 5 years.
- However this is lower than its past earnings growth rate of 30% per year.
- In contrast, the Specialized REITs industry is expected to see its earnings grow by 2.0% 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 | |
|---|---|---|---|---|---|
| STR Vistamalls | ₱2.04 | 4.6% +₱758.3m | -11.3% | PE1.8x | |
| PRMX Primex | ₱2.59 | 7.9% +₱445.4m | -22.2% | PE36.3x | |
| SLI Sta. Lucia Land | ₱3.15 | 1.6% +₱414.8m | -6.8% | PE6.8x | |
| DMW D.M. Wenceslao & Associates | ₱5.70 | 1.8% +₱339.6m | -7.8% | PE2.6x | |
| ROCK Rockwell Land | ₱1.55 | 2.0% +₱183.5m | 6.2% | PE2.9x |