Filipino (PSEi) Real Estate Industry Analysis
UpdatedMar 22, 2023
DataAggregated Company Financials
Companies51
- 7D0.8%
- 3M-3.6%
- 1Y-17.0%
- YTD-4.2%
Last week, the Real Estate industry hasn't moved much but Ayala Land is up 6.5% in that time. Unfortunately though, the industry is down 17% over the past 12 months. Earnings are forecast to grow by 15% annually.
Industry Valuation and Performance
Has the Filipino Real Estate Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 23 Mar 2023 | ₱1.9t | ₱579.1b | ₱130.4b | 8.2x | 14.7x | 3.3x |
| Sat, 18 Feb 2023 | ₱2.1t | ₱566.3b | ₱127.5b | 8.9x | 16.1x | 3.6x |
| Mon, 16 Jan 2023 | ₱2.1t | ₱566.3b | ₱127.5b | 8.7x | 16.4x | 3.7x |
| Wed, 14 Dec 2022 | ₱2.0t | ₱566.3b | ₱127.5b | 8.6x | 15.6x | 3.5x |
| Fri, 11 Nov 2022 | ₱1.9t | ₱549.7b | ₱125.2b | 7.3x | 15.2x | 3.5x |
| Sun, 09 Oct 2022 | ₱1.8t | ₱527.9b | ₱118.3b | 7.6x | 15.1x | 3.4x |
| Tue, 06 Sep 2022 | ₱2.1t | ₱527.9b | ₱118.3b | 8.1x | 17.4x | 3.9x |
| Thu, 04 Aug 2022 | ₱2.0t | ₱499.1b | ₱122.2b | 7x | 16.5x | 4x |
| Sat, 02 Jul 2022 | ₱2.0t | ₱498.4b | ₱121.4b | 7.3x | 16.4x | 4x |
| Mon, 30 May 2022 | ₱2.1t | ₱497.0b | ₱118.3b | 7.9x | 17.9x | 4.3x |
| Wed, 27 Apr 2022 | ₱2.2t | ₱493.1b | ₱108.3b | 10.7x | 20.5x | 4.5x |
| Fri, 25 Mar 2022 | ₱2.3t | ₱482.6b | ₱103.1b | 12.5x | 22.2x | 4.7x |
| Sun, 20 Feb 2022 | ₱2.4t | ₱477.9b | ₱99.7b | 11.7x | 23.9x | 5x |
| Tue, 18 Jan 2022 | ₱2.2t | ₱477.9b | ₱99.7b | 11.9x | 22x | 4.6x |
| Thu, 16 Dec 2021 | ₱2.2t | ₱477.2b | ₱99.4b | 13x | 21.9x | 4.6x |
| Sat, 13 Nov 2021 | ₱2.3t | ₱482.7b | ₱98.0b | 11.1x | 23.5x | 4.8x |
| Mon, 11 Oct 2021 | ₱2.1t | ₱473.5b | ₱96.4b | 10.8x | 22x | 4.5x |
| Wed, 08 Sep 2021 | ₱2.1t | ₱473.5b | ₱96.4b | 11.8x | 22.2x | 4.5x |
| Fri, 06 Aug 2021 | ₱2.1t | ₱473.6b | ₱96.2b | 12.1x | 21.3x | 4.3x |
| Mon, 10 May 2021 | ₱2.1t | ₱444.7b | ₱78.2b | 14.5x | 27.1x | 4.8x |
| Sun, 31 Jan 2021 | ₱2.3t | ₱464.5b | ₱84.6b | 14.2x | 26.9x | 4.9x |
| Wed, 04 Nov 2020 | ₱2.1t | ₱530.7b | ₱119.7b | 9.2x | 17.5x | 3.9x |
| Sat, 08 Aug 2020 | ₱2.0t | ₱582.0b | ₱143.4b | 8.1x | 13.7x | 3.4x |
| Fri, 01 May 2020 | ₱2.0t | ₱662.0b | ₱168.2b | 6.8x | 11.9x | 3x |
Price to Earnings Ratio
11.2x
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 14.7x which is lower than its 3-year average PE of 19.4x.
- The 3-year average PS ratio of 4.1x 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 declined 8.1% per year over the last three years,
- Revenues have also declined 4.4% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Filipino Real Estate industry?
| PH Market | 1.15% | |
| Real Estate | 0.83% | |
| Real Estate | 0.83% | |
| Diversified Real Estate | 5.17% | |
| Real Estate Development | 0.88% | |
| Real Estate Services | 0% | |
| Real Estate Operating Companies | -1.13% | |
Industry PE
- Investors are most optimistic about the Real Estate Operating Companies industry even though it's trading below its 3-year average PE ratio of 36.9x.
- Analysts expect its future annual earnings growth (14.2%) to be largely in line with prior year's earnings growth.
- Investors are most pessimistic about the Real Estate Development industry, which is trading below its 3-year average of 7.4x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Real Estate industry, expecting annual earnings growth of 17% over the next 5 years.
- However this is lower than its past earnings growth rate of 40% per year.
- In contrast, the Real Estate Operating Companies industry is expected to see its earnings grow by 14% 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 | |
|---|---|---|---|---|---|
| ALI Ayala Land | ₱28.20 | 6.4% +₱25.4b | -20.2% | PE22.8x | |
| RLC Robinsons Land | ₱14.34 | 5.4% +₱3.7b | -28.3% | PE8.4x | |
| MEG Megaworld | ₱2.05 | 4.6% +₱2.8b | -32.8% | PE4.8x | |
| HOUSE 8990 Holdings | ₱9.46 | 1.8% +₱916.5m | -29.9% | PE6.7x | |
| ABA AbaCore Capital Holdings | ₱2.44 | 4.7% +₱460.5m | 159.6% | PE2.2x |