Narrative Update • Jun 24

Over the last 7 days, the Real Estate industry has risen 1.3%, driven by gains from Develia of 6.7%. During this same period, the Globe Trade Centre underperformed, falling 7.6%. In the last 12 months, the industry was up 5.3%. 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 |
|---|---|---|---|---|---|---|
| Tue, 07 Jul 2026 | zł15.3b | zł10.4b | zł936.9m | 8.3x | 16.3x | 1.5x |
| Thu, 04 Jun 2026 | zł15.8b | zł9.7b | zł768.1m | 9x | 20.5x | 1.6x |
| Sat, 02 May 2026 | zł15.8b | zł9.4b | zł1.3b | 8.1x | 12x | 1.7x |
| Mon, 30 Mar 2026 | zł14.1b | zł9.0b | zł1.2b | 6.6x | 11.6x | 1.6x |
| Wed, 25 Feb 2026 | zł15.1b | zł9.2b | zł951.3m | 10.3x | 15.9x | 1.7x |
| Fri, 23 Jan 2026 | zł15.1b | zł9.2b | zł951.6m | 10.2x | 15.9x | 1.7x |
| Sun, 21 Dec 2025 | zł14.3b | zł9.2b | zł951.5m | 9.8x | 15x | 1.6x |
| Tue, 18 Nov 2025 | zł14.8b | zł8.4b | zł899.0m | 9.8x | 16.5x | 1.8x |
| Thu, 16 Oct 2025 | zł14.5b | zł8.4b | zł886.4m | 10.5x | 16.4x | 1.7x |
| Sat, 13 Sep 2025 | zł14.6b | zł7.9b | zł974.5m | 10.3x | 15x | 1.8x |
| Mon, 11 Aug 2025 | zł15.0b | zł7.7b | zł1.1b | 13.5x | 13.2x | 2x |
| Wed, 09 Jul 2025 | zł14.2b | zł7.7b | zł1.1b | 12.2x | 12.4x | 1.9x |
| Fri, 06 Jun 2025 | zł14.5b | zł7.7b | zł1.2b | 12.6x | 12.5x | 1.9x |
| Sun, 04 May 2025 | zł14.5b | zł8.1b | zł1.2b | 8.9x | 11.9x | 1.8x |
| Tue, 01 Apr 2025 | zł13.6b | zł7.6b | zł1.2b | 8.1x | 11.4x | 1.8x |
| Thu, 27 Feb 2025 | zł12.9b | zł8.1b | zł1.1b | 8.7x | 11.7x | 1.6x |
| Sat, 25 Jan 2025 | zł13.1b | zł8.1b | zł1.1b | 8.8x | 11.7x | 1.6x |
| Mon, 23 Dec 2024 | zł12.7b | zł8.2b | zł1.2b | 7.6x | 10.9x | 1.6x |
| Wed, 20 Nov 2024 | zł13.0b | zł8.3b | zł1.3b | 8.6x | 10x | 1.6x |
| Fri, 18 Oct 2024 | zł13.5b | zł8.3b | zł1.4b | 7.7x | 9.4x | 1.6x |
| Sun, 15 Sep 2024 | zł13.0b | zł8.4b | zł1.4b | 7.3x | 9.1x | 1.5x |
| Tue, 13 Aug 2024 | zł13.3b | zł8.5b | zł851.1m | 6.9x | 15.7x | 1.6x |
| Thu, 11 Jul 2024 | zł14.7b | zł8.5b | zł846.4m | 8x | 17.4x | 1.7x |
| Sat, 08 Jun 2024 | zł15.1b | zł8.3b | zł821.0m | 8.7x | 18.3x | 1.8x |
| Mon, 06 May 2024 | zł15.1b | zł8.1b | zł997.8m | 8.4x | 15.1x | 1.9x |
| Wed, 03 Apr 2024 | zł14.8b | zł8.0b | zł650.8m | 6.7x | 22.8x | 1.9x |
| Fri, 01 Mar 2024 | zł14.3b | zł7.9b | zł422.8m | 7x | 33.7x | 1.8x |
| Sun, 28 Jan 2024 | zł14.9b | zł7.1b | zł248.4m | 5.1x | 59.8x | 2.1x |
| Tue, 26 Dec 2023 | zł14.2b | zł7.1b | zł248.4m | 5.1x | 57.1x | 2x |
| Thu, 23 Nov 2023 | zł13.4b | zł7.4b | zł273.6m | 5.7x | 48.9x | 1.8x |
| Sat, 21 Oct 2023 | zł13.8b | zł7.2b | zł271.2m | 5.5x | 51.1x | 1.9x |
| Mon, 18 Sep 2023 | zł14.2b | zł7.0b | zł296.9m | 7.4x | 48x | 2x |
| Wed, 16 Aug 2023 | zł13.9b | zł6.7b | zł1.1b | 6.6x | 12.6x | 2.1x |
| Fri, 14 Jul 2023 | zł13.7b | zł6.7b | zł1.1b | 7.1x | 12.7x | 2x |
12.7x
Which industries have driven the changes within the Polish Real Estate sector?
| PL Market | 3.34% | |
| Real Estate | 2.06% | |
| Real Estate | 2.06% | |
| 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 |