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Swedish (OMX) Real Estate Sector Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies66
- 7D-3.2%
- 3M-8.0%
- 1Y10.5%
- YTD-1.7%
Over the last 7 days, the Real Estate industry has dropped 3.1%, driven by a pullback from Fastighets AB Balder of 4.7%. On the other hand Titania Holding is actually up 6.9%. Over the past 12 months, the industry was up 14%. Looking forward, earnings are forecast to grow by 61% annually.
Sector Valuation and Performance
Has the Swedish Real Estate Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | SEK 653.2b | SEK 121.5b | -SEK 29,455,496,767.76 | 43.8x | -22.2x | 5.4x |
| Sat, 19 Oct 2024 | SEK 724.1b | SEK 117.7b | -SEK 38,585,532,336.48 | 55.1x | -18.8x | 6.2x |
| Mon, 16 Sep 2024 | SEK 730.6b | SEK 117.5b | -SEK 39,868,074,262.82 | 57.2x | -18.3x | 6.2x |
| Wed, 14 Aug 2024 | SEK 693.9b | SEK 116.8b | -SEK 53,210,844,159.20 | 57.5x | -13x | 5.9x |
| Fri, 12 Jul 2024 | SEK 716.9b | SEK 115.5b | -SEK 59,844,291,232.96 | 64.8x | -12x | 6.2x |
| Sun, 09 Jun 2024 | SEK 646.6b | SEK 114.7b | -SEK 61,925,537,828.82 | 41.7x | -10.4x | 5.6x |
| Tue, 07 May 2024 | SEK 624.6b | SEK 110.3b | -SEK 49,252,701,643.41 | 25x | -12.7x | 5.7x |
| Thu, 04 Apr 2024 | SEK 644.1b | SEK 113.3b | -SEK 69,666,488,250.15 | 26x | -9.2x | 5.7x |
| Sat, 02 Mar 2024 | SEK 585.6b | SEK 114.3b | -SEK 69,643,696,352.83 | 22x | -8.4x | 5.1x |
| Mon, 29 Jan 2024 | SEK 616.8b | SEK 114.0b | -SEK 90,695,327,949.00 | 22.9x | -6.8x | 5.4x |
| Wed, 27 Dec 2023 | SEK 648.6b | SEK 113.5b | -SEK 89,781,344,043.00 | 23.7x | -7.2x | 5.7x |
| Fri, 24 Nov 2023 | SEK 561.2b | SEK 113.6b | -SEK 89,464,916,059.00 | 19x | -6.3x | 4.9x |
| Sun, 22 Oct 2023 | SEK 461.6b | SEK 110.8b | -SEK 82,479,473,045.00 | 17x | -5.6x | 4.2x |
| Tue, 19 Sep 2023 | SEK 509.0b | SEK 110.1b | -SEK 78,413,897,640.00 | 18x | -6.5x | 4.6x |
| Thu, 17 Aug 2023 | SEK 534.4b | SEK 108.8b | -SEK 71,339,979,435.00 | 20.1x | -7.5x | 4.9x |
| Sat, 15 Jul 2023 | SEK 505.7b | SEK 113.2b | -SEK 61,787,310,002.00 | 14.2x | -8.2x | 4.5x |
| Mon, 12 Jun 2023 | SEK 520.5b | SEK 113.3b | -SEK 34,213,162,122.00 | 15.4x | -15.2x | 4.6x |
| Wed, 10 May 2023 | SEK 478.6b | SEK 112.8b | -SEK 24,581,184,335.00 | 11.5x | -19.5x | 4.2x |
| Fri, 07 Apr 2023 | SEK 523.5b | SEK 99.0b | SEK 56.4b | 8.9x | 9.3x | 5.3x |
| Sun, 05 Mar 2023 | SEK 578.2b | SEK 110.7b | SEK 37.7b | 9.1x | 15.3x | 5.2x |
| Tue, 31 Jan 2023 | SEK 615.6b | SEK 111.2b | SEK 119.9b | 5.6x | 5.1x | 5.5x |
| Thu, 29 Dec 2022 | SEK 546.7b | SEK 111.2b | SEK 120.0b | 4.9x | 4.6x | 4.9x |
| Sat, 26 Nov 2022 | SEK 552.7b | SEK 111.5b | SEK 121.1b | 4.8x | 4.6x | 5x |
| Mon, 24 Oct 2022 | SEK 457.9b | SEK 105.9b | SEK 142.9b | 3.8x | 3.2x | 4.3x |
| Wed, 21 Sep 2022 | SEK 507.9b | SEK 103.3b | SEK 146.7b | 4.2x | 3.5x | 4.9x |
| Fri, 19 Aug 2022 | SEK 636.4b | SEK 97.8b | SEK 148.8b | 4.8x | 4.3x | 6.5x |
| Sun, 17 Jul 2022 | SEK 568.8b | SEK 74.1b | SEK 149.5b | 4.1x | 3.8x | 7.7x |
| Tue, 14 Jun 2022 | SEK 596.9b | SEK 94.0b | SEK 150.1b | 4.8x | 4x | 6.4x |
| Thu, 12 May 2022 | SEK 674.5b | SEK 91.3b | SEK 146.5b | 5.5x | 4.6x | 7.4x |
| Sat, 09 Apr 2022 | SEK 829.3b | SEK 86.5b | SEK 134.7b | 7.2x | 6.2x | 9.6x |
| Mon, 07 Mar 2022 | SEK 820.8b | SEK 91.1b | SEK 137.2b | 7x | 6x | 9x |
| Wed, 02 Feb 2022 | SEK 914.3b | SEK 83.0b | SEK 102.7b | 9.7x | 8.9x | 11x |
| Fri, 31 Dec 2021 | SEK 966.7b | SEK 84.3b | SEK 101.9b | 10.7x | 9.5x | 11.5x |
| Sun, 28 Nov 2021 | SEK 956.8b | SEK 84.0b | SEK 101.2b | 10.5x | 9.5x | 11.4x |
Price to Earnings Ratio
9.5x
Current Industry PE
- Investors are pessimistic on the Swedish Real Estate industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 6.1x is higher than the industry's current PS ratio of 5.5x.
Past Earnings Growth
- Total earnings for the Real Estate industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 13% 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 Swedish Real Estate sector?
| SE Market | -2.05% | |
| Real Estate | -3.25% | |
| 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 | -3.25% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 61% over the next 5 years.
- This is better than its past earnings growth rate of 11% per year.
- In contrast, the Real Estate industry is expected to see its earnings grow by 61% 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 | |
|---|---|---|---|---|---|
| TITA B Titania Holding | SEK 7.12 | 6.9% +SEK 32.9m | 72.8% | PE1.8x | |
| BACKA Backaheden Fastighets | SEK 65.00 | 4.0% +SEK 12.6m | -2.3% | n/a | |
| LOGIST Logistri Fastighets | SEK 158.00 | 0.6% +SEK 7.3m | 56.4% | PE13.1x | |
| PRESRV Preservium Property | SEK 56.00 | 1.8% +SEK 4.6m | 66.7% | PS3.5x | |
| BOHO Boho Group | SEK 9.56 | 0.8% +SEK 4.6m | 12.5% | PE561.7x |
