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Mar 17
Swedish (OMX) Real Estate Industry Analysis
UpdatedMar 20, 2023
DataAggregated Company Financials
Companies74
- 7D-2.4%
- 3M-2.5%
- 1Y-37.8%
- YTD-8.6%
In the last week, the Real Estate industry is up 1.3%, with Stendörren Fastigheter up 9.7%. However, the industry is down 50% over the past year. Earnings are forecast to grow by 65% annually.
Industry Valuation and Performance
Has the Swedish Real Estate Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 20 Mar 2023 | kr532.4b | kr111.4b | kr37.5b | 9.2x | 14.2x | 4.8x |
| Wed, 15 Feb 2023 | kr629.1b | kr113.6b | kr84.8b | 6.1x | 7.4x | 5.5x |
| Fri, 13 Jan 2023 | kr623.8b | kr111.2b | kr120.0b | 5.3x | 5.2x | 5.6x |
| Sun, 11 Dec 2022 | kr560.9b | kr111.4b | kr120.8b | 4.7x | 4.6x | 5x |
| Tue, 08 Nov 2022 | kr520.0b | kr110.2b | kr122.7b | 4.4x | 4.2x | 4.7x |
| Thu, 06 Oct 2022 | kr451.7b | kr103.3b | kr146.7b | 3.5x | 3.1x | 4.4x |
| Sat, 03 Sep 2022 | kr583.3b | kr103.0b | kr146.9b | 4.5x | 4x | 5.7x |
| Mon, 01 Aug 2022 | kr640.1b | kr97.7b | kr148.5b | 5x | 4.3x | 6.6x |
| Wed, 29 Jun 2022 | kr560.8b | kr94.0b | kr150.0b | 4.4x | 3.7x | 6x |
| Fri, 27 May 2022 | kr685.2b | kr93.6b | kr149.4b | 5.6x | 4.6x | 7.3x |
| Sun, 24 Apr 2022 | kr755.3b | kr86.7b | kr138.1b | 6.5x | 5.5x | 8.7x |
| Tue, 22 Mar 2022 | kr917.4b | kr90.1b | kr137.7b | 7.8x | 6.7x | 10.2x |
| Thu, 17 Feb 2022 | kr903.0b | kr83.8b | kr114.3b | 9.1x | 7.9x | 10.8x |
| Sat, 15 Jan 2022 | kr881.3b | kr84.3b | kr102.0b | 10.1x | 8.6x | 10.5x |
| Mon, 13 Dec 2021 | kr956.9b | kr83.7b | kr101.3b | 11x | 9.4x | 11.4x |
| Wed, 10 Nov 2021 | kr940.9b | kr83.2b | kr94.5b | 11.6x | 10x | 11.3x |
| Fri, 08 Oct 2021 | kr801.1b | kr78.5b | kr89.4b | 10.9x | 9x | 10.2x |
| Sun, 05 Sep 2021 | kr873.3b | kr78.2b | kr88.5b | 11.8x | 9.9x | 11.2x |
| Tue, 03 Aug 2021 | kr855.1b | kr78.2b | kr88.5b | 11.8x | 9.7x | 10.9x |
| Fri, 07 May 2021 | kr673.3b | kr75.8b | kr69.5b | 10.9x | 9.7x | 8.9x |
| Mon, 08 Feb 2021 | kr600.1b | kr74.0b | kr54.8b | 10.9x | 11x | 8.1x |
| Sun, 01 Nov 2020 | kr532.1b | kr71.5b | kr57.1b | 10.7x | 9.3x | 7.4x |
| Wed, 05 Aug 2020 | kr500.9b | kr66.0b | kr54.8b | 10.9x | 9.1x | 7.6x |
| Sat, 09 May 2020 | kr469.2b | kr63.2b | kr60.6b | 9.4x | 7.7x | 7.4x |
Price to Earnings Ratio
7.7x
Current Industry PE
- Investors are optimistic on the Swedish Real Estate industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 9.4x which is higher than its 3-year average PE of 7.9x.
- The 3-year average PS ratio of 8.0x is higher than the industry's current PS ratio of 1.7x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have declined 71% per year over the last three years,
- Revenues have also declined 49% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Swedish Real Estate industry?
| SE Market | -3.13% | |
| Real Estate | -2.36% | |
| Real Estate | -2.36% | |
| Real Estate Services | 7.84% | |
| Diversified Real Estate | -0.26% | |
| Real Estate Development | -0.29% | |
| Real Estate Operating Companies | -2.40% | |
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 7.9x.
- Analysts are expecting annual earnings decline of 40.1%, which is lower than the prior year's growth of 150.9% per year.
Forecasted Growth
- Analysts are most optimistic on the Real Estate Development industry, expecting annual earnings growth of 114% over the next 5 years.
- In contrast, the Real Estate Operating Companies industry is expected to see its earnings decline by 40% 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 | |
|---|---|---|---|---|---|
| STEF B Stendörren Fastigheter | kr194.20 | 9.7% +kr489.0m | -27.8% | PE20.6x | |
| TRIAN B Fastighets AB Trianon | kr20.45 | 5.0% +kr152.7m | -69.4% | PB0.6x | |
| AKEL D Akelius Residential Property | €1.85 | 0.1% +€11.9m | 9.7% | PS36.5x | |
| AJA B Byggmästare Anders J Ahlström Holding | kr308.50 | 3.9% +kr83.8m | -3.3% | PE6.9x | |
| BRIN B Brinova Fastigheter | kr21.50 | 2.4% +kr48.9m | -51.6% | PE7.3x |
