Narrative Update • May 16

Over the last 7 days, the Real Estate industry has remained flat, although notably MLP Group gained 8.4%. The past year has been better, since the industry has gained 6.5% in that time. Looking forward, earnings are forecast to grow by 16% annually.
Has the Polish Real Estate Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 22 May 2026 | zł15.6b | zł9.4b | zł739.9m | 10.1x | 21x | 1.7x |
| Sun, 19 Apr 2026 | zł15.8b | zł9.5b | zł1.3b | 9.2x | 12x | 1.7x |
| Tue, 17 Mar 2026 | zł14.5b | zł9.2b | zł982.5m | 8.8x | 14.8x | 1.6x |
| Thu, 12 Feb 2026 | zł15.6b | zł9.2b | zł951.3m | 10.9x | 16.4x | 1.7x |
| Sat, 10 Jan 2026 | zł14.7b | zł9.2b | zł951.3m | 9.7x | 15.5x | 1.6x |
| Mon, 08 Dec 2025 | zł14.1b | zł9.3b | zł965.2m | 9.2x | 14.7x | 1.5x |
| Wed, 05 Nov 2025 | zł14.8b | zł8.4b | zł886.6m | 10.6x | 16.7x | 1.8x |
| Fri, 03 Oct 2025 | zł14.7b | zł8.4b | zł890.7m | 10.5x | 16.5x | 1.8x |
| Sun, 31 Aug 2025 | zł14.9b | zł7.9b | zł1.0b | 11x | 14.3x | 1.9x |
| Tue, 29 Jul 2025 | zł15.1b | zł7.7b | zł1.1b | 13.1x | 13.8x | 2x |
| Thu, 26 Jun 2025 | zł14.1b | zł7.7b | zł1.1b | 12.8x | 12.3x | 1.8x |
| Sat, 24 May 2025 | zł14.7b | zł7.8b | zł1.0b | 11.2x | 14.2x | 1.9x |
| Mon, 21 Apr 2025 | zł14.0b | zł8.0b | zł1.3b | 8.3x | 10.5x | 1.7x |
| Wed, 19 Mar 2025 | zł13.6b | zł8.2b | zł1.1b | 8.3x | 11.9x | 1.7x |
| Fri, 14 Feb 2025 | zł12.8b | zł8.1b | zł1.1b | 9x | 11.5x | 1.6x |
| Sun, 12 Jan 2025 | zł12.9b | zł8.1b | zł1.1b | 8.9x | 11.5x | 1.6x |
| Tue, 10 Dec 2024 | zł13.0b | zł8.2b | zł1.2b | 7.9x | 11.2x | 1.6x |
| Thu, 07 Nov 2024 | zł13.4b | zł8.3b | zł1.4b | 7.8x | 9.3x | 1.6x |
| Sat, 05 Oct 2024 | zł13.7b | zł8.3b | zł1.4b | 8.1x | 9.5x | 1.6x |
| Mon, 02 Sep 2024 | zł13.1b | zł8.4b | zł1.4b | 7.3x | 9.5x | 1.6x |
| Wed, 31 Jul 2024 | zł13.8b | zł8.5b | zł851.0m | 7x | 16.2x | 1.6x |
| Fri, 28 Jun 2024 | zł14.6b | zł8.5b | zł846.9m | 8x | 17.2x | 1.7x |
| Sun, 26 May 2024 | zł15.2b | zł8.2b | zł884.7m | 9.6x | 17.1x | 1.8x |
| Tue, 23 Apr 2024 | zł15.0b | zł8.0b | zł619.3m | 6.8x | 24.3x | 1.9x |
| Thu, 21 Mar 2024 | zł14.5b | zł7.8b | zł416.9m | 7.7x | 34.8x | 1.9x |
| Sat, 17 Feb 2024 | zł14.3b | zł7.9b | zł431.1m | 5.3x | 33.3x | 1.8x |
| Mon, 15 Jan 2024 | zł14.2b | zł7.1b | zł248.4m | 4.9x | 57.3x | 2x |
| Wed, 13 Dec 2023 | zł13.1b | zł7.1b | zł248.4m | 5x | 52.6x | 1.8x |
| Fri, 10 Nov 2023 | zł13.6b | zł7.2b | zł273.8m | 5.1x | 49.8x | 1.9x |
| Sun, 08 Oct 2023 | zł14.0b | zł7.2b | zł271.2m | 5.9x | 51.5x | 1.9x |
| Tue, 05 Sep 2023 | zł13.8b | zł6.8b | zł419.6m | 7.3x | 32.8x | 2x |
| Thu, 03 Aug 2023 | zł14.0b | zł6.7b | zł1.1b | 7.6x | 12.9x | 2.1x |
| Sat, 01 Jul 2023 | zł13.3b | zł6.7b | zł1.1b | 7.1x | 12.5x | 2x |
| Mon, 29 May 2023 | zł13.1b | zł6.7b | zł1.2b | 7.8x | 11.2x | 2x |
11.2x
Which industries have driven the changes within the Polish Real Estate sector?
| PL Market | -0.53% | |
| Real Estate | 0.13% | |
| Real Estate | 0.13% | |
| 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 | zł11.00 | 4.6% +zł222.4m | 35.5% | PE11.5x | |
| MLG MLP Group | zł109.00 | 8.5% +zł204.0m | 28.2% | PE5.7x | |
| ECH Echo Investment | zł5.00 | 2.0% +zł41.3m | 6.2% | PS1x | |
| RNK Rank Progress | zł4.69 | 19.2% +zł28.1m | 10.5% | PE10.1x | |
| LKD Lokum Deweloper | zł24.00 | 5.7% +zł23.4m | 13.2% | PE12.9x |