Singaporean (SGX) Real Estate Sector Analysis
UpdatedNov 28, 2022
DataAggregated Company Financials
Companies97
- 7D-1.0%
- 3M-9.1%
- 1Y-13.1%
- YTD-12.3%
In the last week, the Real Estate industry is flat overall, with Mapletree Logistics Trust standing out by going down 4.2%. As for the longer term, the industry has declined 13% in the last year. Looking forward, earnings are expected to remain mostly flat in the next few years.
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 |
|---|---|---|---|---|---|---|
| Mon, 28 Nov 2022 | S$165.8b | S$44.1b | S$15.5b | 10.2x | 10.7x | 3.8x |
| Wed, 26 Oct 2022 | S$153.7b | S$44.1b | S$15.3b | 9.3x | 10.1x | 3.5x |
| Fri, 23 Sep 2022 | S$178.3b | S$44.2b | S$15.3b | 10.8x | 11.7x | 4x |
| Sun, 21 Aug 2022 | S$185.8b | S$44.4b | S$15.2b | 11.9x | 12.2x | 4.2x |
| Tue, 19 Jul 2022 | S$177.0b | S$43.4b | S$12.2b | 12.9x | 14.5x | 4.1x |
| Thu, 16 Jun 2022 | S$176.2b | S$43.4b | S$12.2b | 13x | 14.4x | 4.1x |
| Sat, 14 May 2022 | S$179.4b | S$43.6b | S$12.4b | 12.4x | 14.4x | 4.1x |
| Mon, 11 Apr 2022 | S$187.8b | S$43.9b | S$11.8b | 13.3x | 15.9x | 4.3x |
| Wed, 09 Mar 2022 | S$165.0b | S$43.1b | S$10.7b | 12.7x | 15.4x | 3.8x |
| Fri, 04 Feb 2022 | S$179.1b | S$40.7b | S$4.5b | 16.2x | 40x | 4.4x |
| Sun, 02 Jan 2022 | S$182.7b | S$39.9b | S$2.7b | 17.5x | 67.3x | 4.6x |
| Tue, 30 Nov 2021 | S$181.0b | S$37.9b | S$3.1b | 17.5x | 57.8x | 4.8x |
| Thu, 28 Oct 2021 | S$205.8b | S$44.5b | S$429.5m | 18.6x | 479.1x | 4.6x |
| Sat, 25 Sep 2021 | S$201.0b | S$44.3b | -S$146,822,904.00 | 19.6x | -1368.9x | 4.5x |
| Mon, 23 Aug 2021 | S$183.6b | S$44.4b | -S$695,048,611.81 | 19.7x | -264.2x | 4.1x |
| Sat, 10 Jul 2021 | S$182.7b | S$44.4b | -S$695,048,611.81 | 19x | -262.9x | 4.1x |
| Fri, 02 Apr 2021 | S$180.7b | S$42.3b | -S$3,209,826,806.94 | 20x | -56.3x | 4.3x |
| Mon, 04 Jan 2021 | S$172.3b | S$40.3b | -S$5,422,028,900.98 | 20.1x | -31.8x | 4.3x |
| Thu, 08 Oct 2020 | S$153.7b | S$42.2b | -S$74,802,043.33 | 17x | -2054.4x | 3.6x |
| Wed, 01 Jul 2020 | S$154.0b | S$41.9b | S$5.1b | 15x | 30.5x | 3.7x |
| Sat, 04 Apr 2020 | S$136.2b | S$42.9b | S$10.1b | 11.1x | 13.4x | 3.2x |
| Tue, 07 Jan 2020 | S$183.1b | S$43.5b | S$13.9b | 14.2x | 13.1x | 4.2x |
Price to Earnings Ratio
13x
Current Industry PE
- Investors are pessimistic on the Singaporean Real Estate industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 10.7x which is higher than its 3-year average PE of -189x.
- The industry is trading close to its 3-year average PS ratio of 4.1x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have grown 4.2% per year over the last three years.
- Revenues for these companies have grown 2.7% 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 | -0.57% | |
| Real Estate | -0.96% | |
| Real Estate | -0.10% | |
| REITS | -1.54% | |
Industry PE
- Investors are most optimistic about the REITS industry even though it's trading below its 3-year average PE ratio of 87.5x.
- Analysts are expecting annual earnings growth of 1.3%, which is lower than the prior year's growth of 58.0% per year.
- Investors are most pessimistic about the 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 REITS industry, expecting annual earnings growth of 1.3% over the next 5 years.
- In contrast, the Real Estate industry is expected to see its earnings decline by 2.9% 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 | |
|---|---|---|---|---|---|
| H78 Hongkong Land Holdings | US$4.02 | 1.3% +US$107.2m | -27.2% | PB0.3x | |
| JYEU Lendlease Global Commercial REIT | S$0.73 | 3.5% +S$57.2m | -17.4% | PB0.8x | |
| 9CI CapitaLand Investment | S$3.63 | 0.3% +S$51.1m | 8.0% | PB1.2x | |
| J69U Frasers Centrepoint Trust | S$2.06 | 1.5% +S$51.1m | -12.0% | PB0.9x | |
| Q5T Far East Hospitality Trust | S$0.62 | 3.3% +S$39.7m | 2.5% | PB0.7x |