HM Inwest (WSE:HMI) Has A Pretty Healthy Balance Sheet
Dec 02
Polish (WIG) Real Estate Sector Analysis
UpdatedDec 02, 2023
DataAggregated Company Financials
Companies32
- 7D-0.2%
- 3M-2.4%
- 1Y11.1%
- YTD8.0%
Over the last 7 days, the Real Estate industry has remained flat, although notably Echo Investment gained 5.0%. As for the the longer term, the industry is up 11% over the past 12 months. As for the next few years, earnings are expected to grow by 30% per annum.
Sector Valuation and Performance
Has the Polish Real Estate Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 02 Dec 2023 | zł13.4b | zł7.1b | zł251.0m | 6x | 53.6x | 1.9x |
| Mon, 30 Oct 2023 | zł13.7b | zł7.2b | zł272.2m | 5.5x | 50.3x | 1.9x |
| Wed, 27 Sep 2023 | zł13.8b | zł6.9b | zł281.5m | 7.2x | 49x | 2x |
| Fri, 25 Aug 2023 | zł13.9b | zł6.8b | zł1.1b | 7.5x | 12.2x | 2.1x |
| Sun, 23 Jul 2023 | zł14.1b | zł6.7b | zł1.1b | 7.8x | 13x | 2.1x |
| Tue, 20 Jun 2023 | zł13.2b | zł6.7b | zł1.1b | 7.2x | 12.3x | 2x |
| Thu, 18 May 2023 | zł13.0b | zł6.5b | zł1.1b | 8x | 12x | 2x |
| Sat, 15 Apr 2023 | zł12.7b | zł6.5b | zł1.5b | 6.6x | 8.7x | 2x |
| Mon, 13 Mar 2023 | zł12.2b | zł6.2b | zł2.1b | 5.6x | 5.9x | 2x |
| Wed, 08 Feb 2023 | zł12.5b | zł6.2b | zł2.1b | 4.8x | 6.1x | 2x |
| Fri, 06 Jan 2023 | zł12.3b | zł6.2b | zł2.0b | 5.2x | 6x | 2x |
| Sun, 04 Dec 2022 | zł11.7b | zł6.2b | zł2.1b | 5.4x | 5.7x | 1.9x |
| Tue, 01 Nov 2022 | zł11.6b | zł6.2b | zł2.0b | 6.1x | 5.8x | 1.9x |
| Thu, 29 Sep 2022 | zł11.6b | zł6.1b | zł2.1b | 5.3x | 5.5x | 1.9x |
| Sat, 27 Aug 2022 | zł12.6b | zł6.1b | zł1.8b | 5.3x | 7.2x | 2.1x |
| Mon, 25 Jul 2022 | zł12.2b | zł6.1b | zł1.5b | 5.5x | 8x | 2x |
| Wed, 22 Jun 2022 | zł12.0b | zł6.2b | zł1.6b | 6.1x | 7.7x | 2x |
| Fri, 20 May 2022 | zł12.5b | zł6.0b | zł1.7b | 4.7x | 7.5x | 2.1x |
| Sun, 17 Apr 2022 | zł13.5b | zł6.3b | zł1.7b | 5.3x | 8.1x | 2.1x |
| Tue, 15 Mar 2022 | zł13.0b | zł6.0b | zł559.9m | 5.8x | 23.3x | 2.2x |
| Thu, 10 Feb 2022 | zł14.1b | zł5.9b | zł567.3m | 7x | 24.9x | 2.4x |
| Sat, 08 Jan 2022 | zł13.6b | zł6.0b | zł564.6m | 4.6x | 24.1x | 2.3x |
| Mon, 06 Dec 2021 | zł13.4b | zł6.0b | zł570.2m | 6.1x | 23.5x | 2.2x |
| Wed, 03 Nov 2021 | zł14.2b | zł5.7b | zł533.7m | 7.4x | 26.5x | 2.5x |
| Fri, 01 Oct 2021 | zł14.3b | zł5.7b | zł520.6m | 7.8x | 27.4x | 2.5x |
| Sun, 29 Aug 2021 | zł14.5b | zł5.9b | zł510.7m | 9.1x | 28.3x | 2.5x |
| Mon, 05 Jul 2021 | zł14.0b | zł5.9b | zł510.7m | 7.6x | 27.5x | 2.4x |
| Thu, 08 Apr 2021 | zł12.6b | zł5.6b | -zł63,575,022.67 | 5.7x | -198x | 2.3x |
| Sun, 10 Jan 2021 | zł12.1b | zł5.6b | zł88.4m | 9.1x | 136.7x | 2.2x |
Price to Earnings Ratio
12.8x
Current Industry PE
- Investors are optimistic on the Polish Real Estate industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 53.6x which is higher than its 3-year average PE of 8.8x.
- The 3-year average PS ratio of 2.1x is higher than the industry's current PS ratio of 1.9x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have declined 35% per year over the last three years.
- Meanwhile revenues for these companies have grown 10% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Polish Real Estate sector?
| PL Market | 2.08% | |
| Real Estate | -0.23% | |
| REITS | 0% | |
| Specialized REITs | 0% | |
| Residential REITs | 0% | |
| Hotel and Resort REITs | 0% | |
| Industrial REITs | 0% | |
| Health Care REITs | 0% | |
| Retail REITs | 0% | |
| Office REITs | 0% | |
| Real Estate | -0.23% | |
Industry PE
- Investors are most optimistic about the Real Estate industry which is trading above its 3-year average PE ratio of 10.9x.
- Analysts are expecting annual earnings growth of 30.0%, which is higher than its past year's earnings growth of 21.3% per year.
Forecasted Growth
- Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 30% over the next 5 years.
- This is better than its past earnings growth rate of 21% per year.
- In contrast, the Real Estate industry is expected to see its earnings grow by 30% 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 | |
|---|---|---|---|---|---|
| ECH Echo Investment | zł4.20 | 5.0% +zł82.5m | 40.5% | PE48.8x | |
| MLG MLP Group | zł78.40 | 1.8% +zł33.6m | 8.9% | PS5.3x | |
| RNK Rank Progress | zł2.47 | 12.3% +zł10.0m | 31.7% | PE4.9x | |
| HMI HM Inwest | zł35.80 | 13.3% +zł9.8m | 342.0% | PE6.7x | |
| KCI KCI Spolka Akcyjna | zł1.01 | 13.2% +zł8.0m | 13.9% | PS0.8x |