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Filipino (PSEi) Real Estate Sector Analysis

UpdatedFeb 24, 2024
DataAggregated Company Financials
Companies60
  • 7D1.0%
  • 3M9.0%
  • 1Y0.3%
  • YTD4.5%

In the last week, the Real Estate industry is up 1.0%, with Ayala Land up 8.6%. Despite this gain, the industry's performance has been flat over the past year. As for the next few years, earnings are expected to grow by 14% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 24 Feb 2024₱2.3t₱686.9b₱181.1b7.4x12.5x3.3x
Mon, 22 Jan 2024₱2.2t₱686.9b₱181.1b6.9x12x3.2x
Wed, 20 Dec 2023₱2.2t₱686.3b₱180.8b6.8x12.2x3.2x
Fri, 17 Nov 2023₱2.1t₱681.1b₱180.5b7.1x11.4x3x
Sun, 15 Oct 2023₱2.1t₱664.8b₱172.2b7.3x11.9x3.1x
Tue, 12 Sep 2023₱2.0t₱664.7b₱172.3b7.5x11.6x3x
Thu, 10 Aug 2023₱2.1t₱651.8b₱159.8b7.1x13.1x3.2x
Sat, 08 Jul 2023₱2.0t₱645.3b₱157.8b7x12.9x3.1x
Mon, 05 Jun 2023₱2.1t₱645.2b₱157.8b7.4x13.1x3.2x
Wed, 03 May 2023₱2.1t₱616.3b₱150.0b7.7x14.3x3.5x
Fri, 31 Mar 2023₱2.2t₱603.5b₱151.1b8.8x14.3x3.6x
Sun, 26 Feb 2023₱2.2t₱586.3b₱148.2b9x15.1x3.8x
Tue, 24 Jan 2023₱2.4t₱585.9b₱148.2b9.1x15.9x4x
Thu, 22 Dec 2022₱2.2t₱585.9b₱148.1b8.9x14.8x3.7x
Sat, 19 Nov 2022₱2.2t₱580.4b₱146.5b8.6x14.7x3.7x
Mon, 17 Oct 2022₱2.0t₱545.6b₱137.5b7.8x14.6x3.7x
Wed, 14 Sep 2022₱2.3t₱544.7b₱137.0b8.2x16.8x4.2x
Fri, 12 Aug 2022₱2.4t₱521.1b₱143.4b8.4x16.4x4.5x
Sun, 10 Jul 2022₱2.2t₱512.9b₱139.3b8.2x16.1x4.4x
Tue, 07 Jun 2022₱2.4t₱512.8b₱141.4b8x17.2x4.7x
Thu, 05 May 2022₱2.4t₱506.2b₱121.7b11x19.8x4.8x
Sat, 02 Apr 2022₱2.5t₱497.3b₱112.8b13.7x22.4x5.1x
Mon, 28 Feb 2022₱2.6t₱487.1b₱104.5b12.5x24.8x5.3x
Wed, 26 Jan 2022₱2.5t₱485.5b₱102.8b11.8x24.2x5.1x
Fri, 24 Dec 2021₱2.5t₱485.2b₱102.8b11.2x24x5.1x
Sun, 21 Nov 2021₱2.5t₱485.3b₱100.7b11.2x25.2x5.2x
Tue, 19 Oct 2021₱2.5t₱480.9b₱102.7b11.4x24.5x5.2x
Thu, 16 Sep 2021₱2.3t₱479.6b₱102.1b11.8x22.4x4.8x
Sat, 14 Aug 2021₱2.1t₱479.7b₱101.9b12.1x21x4.5x
Wed, 09 Jun 2021₱2.3t₱448.9b₱84.7b17.3x26.8x5.1x
Tue, 02 Mar 2021₱2.4t₱466.5b₱85.9b14.2x27.6x5.1x
Price to Earnings Ratio

27.6x


Total Market Cap: ₱2.4tTotal Earnings: ₱85.9bTotal Revenue: ₱466.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Filipino Real Estate Sector Price to Earnings3Y Average 18.1x202220232024
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 12.5x which is lower than its 3-year average PE of 18.1x.
  • The 3-year average PS ratio of 4.2x is higher than the industry's current PS ratio of 3.3x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have grown 28% per year over the last three years.
  • Revenues for these companies have grown 14% 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 Market0.29%
Real Estate1.01%
Real Estate1.17%
Specialized REITs0%
Residential REITs0%
Hotel and Resort REITs0%
Industrial REITs0%
Health Care REITs0%
Retail REITs0%
Office REITs-0.20%
REITS-1.18%
Industry PE
  • Investors are most optimistic about the Office REITs industry, which is trading close to its 3-year average PE ratio of 18.5x.
    • Analysts are expecting annual earnings growth of 45.9%, which is higher than its past year's earnings growth of 0.8% per year.
  • Investors are most pessimistic about the REITS industry, which is trading below its 3-year average of 26.7x.
Forecasted Growth
  • Analysts are most optimistic on the Office REITs industry, expecting annual earnings growth of 46% over the next 5 years.
  • This is better than its past earnings growth rate of 0.8% per year.
  • In contrast, the Specialized REITs industry is expected to see its earnings grow by 3.0% 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
ALI Ayala Land₱37.208.6%
+₱44.1b
32.6%PE23.5x
HOUSE 8990 Holdings₱9.499.2%
+₱4.3b
4.9%PE7.3x
AREIT AREIT₱35.102.9%
+₱2.4b
-2.0%PB1x
ROCK Rockwell Land₱1.508.7%
+₱734.0m
12.8%PE3.2x
ALLHC AyalaLand Logistics Holdings₱2.154.4%
+₱562.7m
-28.3%PE16.9x
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Latest News

AREIT

₱35.10

AREIT

7D

2.9%

1Y

-2.0%

ALI

₱37.20

Ayala Land

7D

8.6%

1Y

32.6%

SMPH

₱33.20

SM Prime Holdings

7D

-2.4%

1Y

-8.7%

PRMX

₱2.12

Primex

7D

-16.2%

1Y

5.5%

ALLHC

₱2.15

AyalaLand Logistics Holdings

7D

4.4%

1Y

-28.3%

RCR

₱5.40

RL Commercial REIT

7D

-3.6%

1Y

-3.1%

HOUSE

₱9.49

8990 Holdings

7D

9.2%

1Y

4.9%

INFRA

₱0.58

Philippine Infradev Holdings

7D

-18.3%

1Y

-34.8%

CPG

₱0.31

Century Properties Group

7D

10.7%

1Y

-13.9%

MEG

₱1.95

Megaworld

7D

-1.0%

1Y

-5.3%

RLC

₱16.46

Robinsons Land

7D

0.4%

1Y

8.3%

SLI

₱3.40

Sta. Lucia Land

7D

-1.4%

1Y

11.1%

DD

₱8.59

DoubleDragon

7D

-2.3%

1Y

26.9%

FILRT

₱3.23

Filinvest REIT

7D

1.6%

1Y

-41.8%

ROCK

₱1.50

Rockwell Land

7D

8.7%

1Y

12.8%

MREIT

₱13.28

MREIT

7D

-1.9%

1Y

-6.7%