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Mar 24
Polish (WIG) Real Estate Industry Analysis
UpdatedMar 28, 2023
DataAggregated Company Financials
Companies29
- 7D0.8%
- 3M2.3%
- 1Y-5.5%
- YTD0.4%
The Real Estate is pretty flat in the last 7 days, but Echo Investment has stood out, gaining 4.7%. As for the longer term, the industry has declined 6.1% in the last year. As for the next few years, earnings are forecast to decline by 3.9% per annum.
Industry Valuation and Performance
Has the Polish Real Estate Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 29 Mar 2023 | zł12.1b | zł6.2b | zł1.4b | 6.2x | 8.5x | 1.9x |
| Fri, 24 Feb 2023 | zł12.1b | zł6.2b | zł2.1b | 5.5x | 5.8x | 1.9x |
| Sun, 22 Jan 2023 | zł12.4b | zł6.2b | zł2.1b | 5.2x | 6x | 2x |
| Tue, 20 Dec 2022 | zł11.9b | zł6.2b | zł2.1b | 5.4x | 5.8x | 1.9x |
| Thu, 17 Nov 2022 | zł11.6b | zł6.2b | zł2.0b | 5.5x | 5.8x | 1.9x |
| Sat, 15 Oct 2022 | zł11.8b | zł6.2b | zł2.0b | 6.1x | 5.9x | 1.9x |
| Mon, 12 Sep 2022 | zł12.0b | zł6.0b | zł2.0b | 5.1x | 6.1x | 2x |
| Wed, 10 Aug 2022 | zł12.3b | zł6.0b | zł1.3b | 5.6x | 9.8x | 2.1x |
| Fri, 08 Jul 2022 | zł12.4b | zł6.1b | zł1.5b | 6.2x | 8.1x | 2x |
| Sun, 05 Jun 2022 | zł12.3b | zł6.4b | zł1.5b | 6.2x | 7.9x | 1.9x |
| Tue, 03 May 2022 | zł13.0b | zł6.3b | zł1.7b | 4.9x | 7.7x | 2.1x |
| Thu, 31 Mar 2022 | zł13.4b | zł5.9b | zł1.1b | 4.1x | 12.7x | 2.3x |
| Sat, 26 Feb 2022 | zł12.5b | zł6.0b | zł563.1m | 5.5x | 22.2x | 2.1x |
| Mon, 24 Jan 2022 | zł13.5b | zł6.0b | zł563.9m | 4.3x | 24x | 2.3x |
| Wed, 22 Dec 2021 | zł12.9b | zł6.0b | zł568.9m | 4.4x | 22.7x | 2.2x |
| Fri, 19 Nov 2021 | zł13.5b | zł5.8b | zł537.6m | 5.2x | 25.1x | 2.3x |
| Sun, 17 Oct 2021 | zł14.5b | zł5.7b | zł533.0m | 7.2x | 27.1x | 2.5x |
| Tue, 14 Sep 2021 | zł14.8b | zł5.9b | zł467.2m | 7.6x | 31.7x | 2.5x |
| Thu, 12 Aug 2021 | zł14.4b | zł5.9b | zł505.4m | 11x | 28.5x | 2.4x |
| Mon, 07 Jun 2021 | zł13.8b | zł5.6b | -zł68,821,334.67 | 11.2x | -199.8x | 2.5x |
| Sun, 28 Feb 2021 | zł12.5b | zł5.6b | zł83.2m | 10x | 150.8x | 2.2x |
| Wed, 02 Dec 2020 | zł11.5b | zł5.3b | zł901.6m | 6.3x | 12.8x | 2.2x |
| Sat, 05 Sep 2020 | zł12.1b | zł5.3b | zł1.0b | 6.7x | 12x | 2.3x |
| Tue, 09 Jun 2020 | zł11.0b | zł5.5b | zł1.7b | 3.6x | 6.4x | 2x |
Price to Earnings Ratio
5.9x
Current Industry PE
- Investors are relatively neutral on the Polish Real Estate industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 7.4x.
- The 3-year average PS ratio of 2.2x 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 remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 4.1% 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 and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Polish Real Estate industry?
| PL Market | -0.77% | |
| Real Estate | 0.83% | |
| Real Estate | 0.84% | |
| Diversified Real Estate | 2.06% | |
| Real Estate Operating Companies | 0.90% | |
| Real Estate Services | 0% | |
| Real Estate Development | -5.22% | |
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 14.8x.
- Analysts are expecting annual earnings growth of 16.2%, which is higher than its past year's earnings growth of 8.5% per year.
- Investors are most pessimistic about the Diversified Real Estate industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the Real Estate Operating Companies industry, expecting annual earnings growth of 16% over the next 5 years.
- This is better than its past earnings growth rate of 8.5% per year.
- In contrast, the Diversified Real Estate industry is expected to see its earnings decline 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 | |
|---|---|---|---|---|---|
| MLG MLP Group | zł75.20 | 5.9% +zł100.8m | 8.4% | PE4.3x | |
| ECH Echo Investment | zł3.40 | 5.4% +zł72.2m | -2.9% | PE6.8x | |
| CPG Capital Park | zł8.96 | 3.7% +zł34.7m | -0.4% | PE14.8x | |
| GTC Globe Trade Centre | zł6.16 | 0.7% +zł23.0m | -0.2% | PE13.1x | |
| LKD Lokum Deweloper | zł14.95 | 6.0% +zł15.3m | -21.7% | PE11x |
