Narrative Update • Jun 24

In the last week, the Real Estate industry is up 1.3%, with Develia up 5.9%. In the same time, Globe Trade Centre was down 8.0%. This means that the industry has gained 5.3% over the past year. Looking forward, earnings are forecast to grow by 15% annually.
Has the Polish Real Estate Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 06 Jul 2026 | zł15.2b | zł10.4b | zł936.8m | 8.3x | 16.2x | 1.5x |
| Wed, 03 Jun 2026 | zł15.9b | zł9.7b | zł769.4m | 9.2x | 20.7x | 1.6x |
| Fri, 01 May 2026 | zł15.8b | zł9.4b | zł1.3b | 8.1x | 12x | 1.7x |
| Sun, 29 Mar 2026 | zł14.1b | zł9.0b | zł1.2b | 6.6x | 11.6x | 1.6x |
| Tue, 24 Feb 2026 | zł15.3b | zł9.2b | zł951.2m | 10.5x | 16.1x | 1.7x |
| Thu, 22 Jan 2026 | zł15.0b | zł9.2b | zł951.2m | 10.1x | 15.8x | 1.6x |
| Sat, 20 Dec 2025 | zł14.3b | zł9.2b | zł951.5m | 9.8x | 15x | 1.6x |
| Mon, 17 Nov 2025 | zł14.9b | zł8.3b | zł871.7m | 10.5x | 17.1x | 1.8x |
| Wed, 15 Oct 2025 | zł14.5b | zł8.4b | zł886.7m | 10.6x | 16.3x | 1.7x |
| Fri, 12 Sep 2025 | zł14.5b | zł7.9b | zł976.2m | 9.9x | 14.9x | 1.8x |
| Sun, 10 Aug 2025 | zł15.0b | zł7.7b | zł1.1b | 13.5x | 13.2x | 2x |
| Tue, 08 Jul 2025 | zł14.3b | zł7.7b | zł1.1b | 12.1x | 12.4x | 1.9x |
| Thu, 05 Jun 2025 | zł14.3b | zł7.7b | zł1.2b | 12.5x | 12.4x | 1.9x |
| Sat, 03 May 2025 | zł14.5b | zł8.1b | zł1.2b | 8.9x | 11.9x | 1.8x |
| Mon, 31 Mar 2025 | zł13.5b | zł7.6b | zł1.2b | 8x | 11.4x | 1.8x |
| Wed, 26 Feb 2025 | zł12.9b | zł8.1b | zł1.1b | 8.7x | 11.6x | 1.6x |
| Fri, 24 Jan 2025 | zł13.0b | zł8.1b | zł1.1b | 8.8x | 11.7x | 1.6x |
| Sun, 22 Dec 2024 | zł12.7b | zł8.2b | zł1.2b | 7.6x | 10.9x | 1.6x |
| Tue, 19 Nov 2024 | zł13.3b | zł8.3b | zł1.3b | 8.8x | 10.3x | 1.6x |
| Thu, 17 Oct 2024 | zł13.7b | zł8.3b | zł1.4b | 7.6x | 9.5x | 1.6x |
| Sat, 14 Sep 2024 | zł13.0b | zł8.4b | zł1.4b | 7.3x | 9.1x | 1.5x |
| Mon, 12 Aug 2024 | zł13.1b | zł8.5b | zł851.2m | 6.8x | 15.4x | 1.5x |
| Wed, 10 Jul 2024 | zł14.7b | zł8.5b | zł846.4m | 8x | 17.4x | 1.7x |
| Fri, 07 Jun 2024 | zł15.0b | zł8.3b | zł820.7m | 8.6x | 18.3x | 1.8x |
| Sun, 05 May 2024 | zł15.1b | zł8.1b | zł998.6m | 8.4x | 15.1x | 1.9x |
| Tue, 02 Apr 2024 | zł14.8b | zł8.1b | zł650.8m | 6.6x | 22.8x | 1.8x |
| Thu, 29 Feb 2024 | zł14.2b | zł7.9b | zł431.1m | 5.4x | 32.9x | 1.8x |
| Sat, 27 Jan 2024 | zł14.9b | zł7.1b | zł248.4m | 5.1x | 59.8x | 2.1x |
| Mon, 25 Dec 2023 | zł14.2b | zł7.1b | zł248.4m | 5.1x | 57.1x | 2x |
| Wed, 22 Nov 2023 | zł13.3b | zł7.4b | zł273.6m | 5.9x | 48.7x | 1.8x |
| Fri, 20 Oct 2023 | zł13.7b | zł7.2b | zł271.2m | 5.8x | 50.4x | 1.9x |
| Sun, 17 Sep 2023 | zł14.2b | zł7.0b | zł296.9m | 7.4x | 48x | 2x |
| Tue, 15 Aug 2023 | zł13.9b | zł6.7b | zł1.1b | 6.6x | 12.6x | 2.1x |
| Thu, 13 Jul 2023 | zł13.9b | zł6.7b | zł1.1b | 7.7x | 13x | 2.1x |
13x
Which industries have driven the changes within the Polish Real Estate sector?
| PL Market | 3.10% | |
| Real Estate | 1.26% | |
| Real Estate | 1.26% | |
| REITS | 0% | 0 |
| Residential REITs | 0% | 0 |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| DVL Develia | zł10.88 | 6.7% +zł315.1m | 48.6% | PE9.1x | |
| ECH Echo Investment | zł5.01 | 2.2% +zł45.4m | -2.9% | PE33.2x | |
| MLG MLP Group | zł105.50 | 1.0% +zł24.0m | 26.5% | PE4.7x | |
| RNK Rank Progress | zł4.90 | 7.1% +zł12.1m | 20.1% | PE6.5x | |
| CAV Cavatina Holding Spólka Akcyjna | zł12.45 | 3.8% +zł11.4m | -22.2% | PE12.9x |