This Broker Just Slashed Their Arlandastad Group AB (publ) (STO:AGROUP) Earnings Forecasts
Jul 24
Swedish (OMX) Real Estate Development Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies6
- 7D-0.1%
- 3M-2.4%
- 1Y-27.2%
- YTDn/a
In the last week, the Real Estate Development industry is up 1.1%, with Arlandastad Group up 5.4%. However, the industry is down 26% over the past year. As for the next few years, earnings are expected to grow by 92% per annum.
Industry Valuation and Performance
Has the Swedish Real Estate Development Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | SEK 7.4b | SEK 7.4b | -SEK 1,516,263,000.00 | n/a | -4.9x | 1x |
| Sun, 23 Jun 2024 | SEK 6.6b | SEK 7.8b | -SEK 2,837,093,000.00 | n/a | -2.3x | 0.8x |
| Tue, 21 May 2024 | SEK 6.6b | SEK 7.8b | -SEK 2,622,242,500.00 | 3.7x | -2.5x | 0.8x |
| Thu, 18 Apr 2024 | SEK 6.9b | SEK 8.2b | -SEK 2,509,989,500.00 | 45.1x | -2.8x | 0.8x |
| Sat, 16 Mar 2024 | SEK 7.8b | SEK 9.7b | -SEK 2,341,689,500.00 | 8.1x | -3.3x | 0.8x |
| Mon, 12 Feb 2024 | SEK 8.5b | SEK 9.5b | -SEK 3,841,162,500.00 | 13.2x | -2.2x | 0.9x |
| Wed, 10 Jan 2024 | SEK 9.2b | SEK 10.0b | -SEK 3,618,162,500.00 | 17.1x | -2.5x | 0.9x |
| Fri, 08 Dec 2023 | SEK 8.7b | SEK 10.0b | -SEK 3,577,881,500.00 | 11.8x | -2.4x | 0.9x |
| Sun, 05 Nov 2023 | SEK 8.4b | SEK 10.1b | -SEK 4,368,432,500.00 | 35.5x | -1.9x | 0.8x |
| Tue, 03 Oct 2023 | SEK 9.5b | SEK 10.1b | -SEK 4,368,432,500.00 | 40.1x | -2.2x | 0.9x |
| Thu, 31 Aug 2023 | SEK 10.1b | SEK 9.9b | -SEK 4,155,979,500.00 | 40.8x | -2.4x | 1x |
| Sat, 29 Jul 2023 | SEK 11.2b | SEK 9.8b | -SEK 4,122,464,500.00 | 51.1x | -2.7x | 1.1x |
| Mon, 26 Jun 2023 | SEK 9.7b | SEK 12.9b | -SEK 826,275,500.00 | 5.3x | -11.8x | 0.8x |
| Wed, 24 May 2023 | SEK 10.9b | SEK 13.5b | -SEK 554,313,500.00 | 4.8x | -19.7x | 0.8x |
| Fri, 21 Apr 2023 | SEK 11.6b | SEK 12.8b | -SEK 603,524,500.00 | 4.4x | -19.2x | 0.9x |
| Sun, 19 Mar 2023 | SEK 7.1b | SEK 6.9b | -SEK 898,465,500.00 | 4.2x | -7.9x | 1x |
| Tue, 14 Feb 2023 | SEK 11.9b | SEK 12.3b | SEK 4.5b | 3.9x | 2.7x | 1x |
| Thu, 12 Jan 2023 | SEK 12.5b | SEK 11.8b | SEK 4.5b | 4.2x | 2.8x | 1.1x |
| Sat, 10 Dec 2022 | SEK 12.3b | SEK 12.0b | SEK 5.3b | 4x | 2.3x | 1x |
| Mon, 07 Nov 2022 | SEK 12.3b | SEK 11.5b | SEK 5.7b | 3.6x | 2.1x | 1.1x |
| Wed, 05 Oct 2022 | SEK 12.9b | SEK 11.5b | SEK 5.7b | 4.1x | 2.3x | 1.1x |
| Fri, 02 Sep 2022 | SEK 14.6b | SEK 11.5b | SEK 5.8b | 4.7x | 2.5x | 1.3x |
| Sun, 31 Jul 2022 | SEK 15.3b | SEK 7.6b | SEK 4.5b | 4.8x | 3.4x | 2x |
| Tue, 28 Jun 2022 | SEK 15.2b | SEK 7.5b | SEK 3.8b | 9.1x | 4x | 2x |
| Thu, 26 May 2022 | SEK 18.2b | SEK 7.5b | SEK 3.8b | 11.6x | 4.8x | 2.4x |
| Sat, 23 Apr 2022 | SEK 20.3b | SEK 6.7b | SEK 3.8b | 12.4x | 5.4x | 3x |
| Mon, 21 Mar 2022 | SEK 21.2b | SEK 6.5b | SEK 3.7b | 17.9x | 5.7x | 3.3x |
| Wed, 16 Feb 2022 | SEK 21.6b | SEK 6.7b | SEK 924.5m | 30.4x | 23.4x | 3.2x |
| Fri, 14 Jan 2022 | SEK 22.4b | SEK 6.4b | SEK 993.5m | 29.3x | 22.5x | 3.5x |
| Sun, 12 Dec 2021 | SEK 22.9b | SEK 6.4b | SEK 995.7m | 29.6x | 23x | 3.6x |
| Tue, 09 Nov 2021 | SEK 21.1b | SEK 7.3b | SEK 1.0b | 13.8x | 20.3x | 2.9x |
| Thu, 07 Oct 2021 | SEK 20.7b | SEK 7.2b | SEK 1.0b | 13.8x | 20x | 2.9x |
| Sat, 04 Sep 2021 | SEK 17.3b | SEK 7.0b | SEK 555.8m | 40.1x | 31.1x | 2.5x |
| Mon, 02 Aug 2021 | SEK 16.7b | SEK 7.0b | SEK 555.8m | 38x | 30.1x | 2.4x |
Price to Earnings Ratio
30.1x
Current Industry PE
- Investors are pessimistic on the Swedish Real Estate Development industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 1.6x is higher than the industry's current PS ratio of 1.0x.
Past Earnings Growth
- Total earnings for the Real Estate Development industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Swedish Real Estate Development compare with similar industries?
| SE Market | -1.57% | |
| Real Estate | -1.90% | |
| Real Estate | -1.90% | |
| Real Estate Development | -0.099% | |
| Real Estate Services | 5.00% | |
| Diversified Real Estate | -1.37% | |
| Real Estate Operating Companies | -1.92% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
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 7.90 | 8.2% +SEK 42.9m | 61.9% | PS8.2x | |
| WBGR B Wästbygg Gruppen | SEK 53.00 | 0.4% +SEK 6.5m | 32.5% | PS0.4x |
