We Think UOL Group (SGX:U14) Is Taking Some Risk With Its Debt
Dec 16
Have your own idea? Try our Stock Screener
Singaporean (SGX) Real Estate Sector Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies91
- 7D-2.3%
- 3M-7.1%
- 1Y-7.6%
- YTD-9.6%
Over the last 7 days, the Real Estate industry has dropped 2.3%, driven by pullbacks in Hongkong Land Holdings and CapitaLand Investment of 5.3% and 3.8%, respectively. However, the industry is down 7.6% over the past year. Earnings are forecast to grow by 18% annually.
Sector Valuation and Performance
Has the Singaporean Real Estate Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 21 Dec 2024 | S$140.4b | S$47.9b | S$3.9b | 16x | 35.8x | 2.9x |
| Mon, 18 Nov 2024 | S$144.7b | S$47.9b | S$4.2b | 14.1x | 34.8x | 3x |
| Wed, 16 Oct 2024 | S$151.6b | S$47.1b | S$3.6b | 14.1x | 41.8x | 3.2x |
| Fri, 13 Sep 2024 | S$149.4b | S$47.0b | S$3.5b | 13.5x | 42.2x | 3.2x |
| Sun, 11 Aug 2024 | S$136.8b | S$47.5b | S$4.1b | 13.1x | 33.7x | 2.9x |
| Tue, 09 Jul 2024 | S$135.7b | S$47.1b | S$4.2b | 13.4x | 32x | 2.9x |
| Thu, 06 Jun 2024 | S$139.8b | S$47.8b | S$4.0b | 14.5x | 35.3x | 2.9x |
| Sat, 04 May 2024 | S$137.2b | S$47.9b | S$4.1b | 15.4x | 33.5x | 2.9x |
| Mon, 01 Apr 2024 | S$141.3b | S$47.8b | S$4.5b | 15x | 31.3x | 3x |
| Wed, 28 Feb 2024 | S$142.4b | S$45.9b | S$5.2b | 14.7x | 27.5x | 3.1x |
| Fri, 26 Jan 2024 | S$152.9b | S$47.7b | S$6.6b | 14.9x | 23.3x | 3.2x |
| Sun, 24 Dec 2023 | S$156.5b | S$47.8b | S$6.7b | 15.3x | 23.4x | 3.3x |
| Tue, 21 Nov 2023 | S$151.4b | S$47.8b | S$6.6b | 14.6x | 22.8x | 3.2x |
| Thu, 19 Oct 2023 | S$148.7b | S$47.7b | S$8.2b | 14x | 18x | 3.1x |
| Sat, 16 Sep 2023 | S$156.3b | S$47.5b | S$8.2b | 15.3x | 19x | 3.3x |
| Mon, 14 Aug 2023 | S$159.2b | S$46.8b | S$9.2b | 15.4x | 17.2x | 3.4x |
| Wed, 12 Jul 2023 | S$160.4b | S$45.4b | S$12.4b | 12.5x | 13x | 3.5x |
| Fri, 09 Jun 2023 | S$161.6b | S$45.5b | S$12.4b | 12.6x | 13.1x | 3.6x |
| Sun, 07 May 2023 | S$170.1b | S$45.2b | S$12.4b | 12.9x | 13.8x | 3.8x |
| Tue, 04 Apr 2023 | S$170.6b | S$45.2b | S$12.9b | 12.8x | 13.2x | 3.8x |
| Thu, 02 Mar 2023 | S$170.3b | S$45.2b | S$13.4b | 12.3x | 12.7x | 3.8x |
| Sat, 28 Jan 2023 | S$178.8b | S$44.2b | S$15.2b | 10.5x | 11.7x | 4x |
| Mon, 26 Dec 2022 | S$166.8b | S$44.1b | S$15.5b | 10.2x | 10.8x | 3.8x |
| Wed, 23 Nov 2022 | S$165.3b | S$44.1b | S$15.5b | 10.4x | 10.7x | 3.7x |
| Fri, 21 Oct 2022 | S$158.0b | S$44.1b | S$15.3b | 9.2x | 10.3x | 3.6x |
| Sun, 18 Sep 2022 | S$180.0b | S$44.3b | S$15.3b | 10.9x | 11.8x | 4.1x |
| Tue, 16 Aug 2022 | S$186.3b | S$44.3b | S$15.0b | 12.4x | 12.4x | 4.2x |
| Thu, 14 Jul 2022 | S$178.9b | S$43.5b | S$12.2b | 13x | 14.6x | 4.1x |
| Sat, 11 Jun 2022 | S$182.0b | S$43.4b | S$12.2b | 13.6x | 14.9x | 4.2x |
| Mon, 09 May 2022 | S$184.6b | S$43.7b | S$12.4b | 13x | 14.8x | 4.2x |
| Wed, 06 Apr 2022 | S$190.5b | S$43.7b | S$11.8b | 13.2x | 16.1x | 4.4x |
| Fri, 04 Mar 2022 | S$181.9b | S$44.1b | S$10.4b | 13.3x | 17.4x | 4.1x |
| Sun, 30 Jan 2022 | S$176.8b | S$40.3b | S$3.5b | 15.8x | 50.4x | 4.4x |
| Tue, 28 Dec 2021 | S$180.3b | S$39.9b | S$2.7b | 16.9x | 66.4x | 4.5x |
Price to Earnings Ratio
66.4x
Current Industry PE
- Investors are optimistic on the Singaporean Real Estate industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 35.8x which is higher than its 3-year average PE of 23.3x.
- The 3-year average PS ratio of 3.6x is higher than the industry's current PS ratio of 2.9x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have grown 13% per year over the last three years.
- Revenues for these companies have grown 6.3% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Singaporean Real Estate sector?
| SG Market | -2.14% | |
| Real Estate | -2.29% | |
| Residential REITs | 0% | |
| Health Care REITs | -0.58% | |
| Retail REITs | -1.20% | |
| Hotel and Resort REITs | -1.52% | |
| Industrial REITs | -1.63% | |
| Office REITs | -2.31% | |
| Real Estate | -3.14% | |
| Specialized REITs | -3.57% | |
| REITS | -3.65% | |
Industry PE
- Investors are most optimistic about the Specialized REITs industry which is trading above its 3-year average PE ratio of 128x.
- Analysts are expecting annual earnings growth of 29.6%, which is higher than its past year's earnings decline of 31.1% per year.
Forecasted Growth
- Analysts are most optimistic on the Office REITs industry, expecting annual earnings growth of 36% over the next 5 years.
- This is better than its past earnings decline of 56% per year.
- In contrast, the Hotel and Resort REITs industry is expected to see its earnings decline by 7.5% 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 | |
|---|---|---|---|---|---|
| ACV Frasers Hospitality Trust | S$0.53 | 5.0% +S$48.2m | 8.2% | PB0.8x | |
| A26 Sinarmas Land | S$0.31 | 1.6% +S$21.3m | 74.2% | PE5.2x | |
| F1E Low Keng Huat (Singapore) | S$0.31 | 3.3% +S$7.4m | -6.1% | PE37.4x | |
| 5UX Oxley Holdings | S$0.072 | 1.4% +S$4.2m | -28.0% | PS1.1x | |
| 40V Alset International | S$0.025 | 4.2% +S$3.5m | -19.4% | PS10.5x |
