Market Participants Recognise CapitaLand Investment Limited's (SGX:9CI) Revenues
May 01
Singaporean (SGX) Real Estate Industry Analysis
UpdatedMay 10, 2024
DataAggregated Company Financials
Companies55
- 7D-0.4%
- 3M-3.8%
- 1Y-22.0%
- YTD-10.0%
Last week, the Real Estate industry hasn't moved much but Hongkong Land Holdings is up 3.1% in that time. Unfortunately though, the industry is down 22% over the past 12 months. Looking forward, earnings are forecast to grow by 21% annually.
Industry Valuation and Performance
Has the Singaporean Real Estate Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 10 May 2024 | S$51.6b | S$35.3b | S$1.5b | 14.4x | 35.4x | 1.5x |
| Sun, 07 Apr 2024 | S$52.7b | S$35.3b | S$1.5b | 13.9x | 35.9x | 1.5x |
| Tue, 05 Mar 2024 | S$52.2b | S$35.3b | S$1.6b | 13x | 33x | 1.5x |
| Thu, 01 Feb 2024 | S$55.8b | S$35.2b | S$2.3b | 16.1x | 24.6x | 1.6x |
| Sat, 30 Dec 2023 | S$58.9b | S$34.7b | S$2.2b | 17.4x | 26.4x | 1.7x |
| Mon, 27 Nov 2023 | S$57.4b | S$34.8b | S$2.2b | 15.3x | 25.5x | 1.6x |
| Wed, 25 Oct 2023 | S$56.6b | S$34.7b | S$3.1b | 16.2x | 18.5x | 1.6x |
| Fri, 22 Sep 2023 | S$58.8b | S$34.7b | S$3.1b | 15.5x | 19.2x | 1.7x |
| Sun, 20 Aug 2023 | S$59.2b | S$34.4b | S$3.4b | 16.1x | 17.3x | 1.7x |
| Tue, 18 Jul 2023 | S$62.8b | S$32.8b | S$6.2b | 9.9x | 10.2x | 1.9x |
| Thu, 15 Jun 2023 | S$63.3b | S$32.9b | S$6.1b | 9.7x | 10.3x | 1.9x |
| Sat, 13 May 2023 | S$65.9b | S$33.0b | S$6.2b | 8.9x | 10.7x | 2x |
| Mon, 10 Apr 2023 | S$67.2b | S$30.5b | S$6.5b | 9.3x | 10.3x | 2.2x |
| Wed, 08 Mar 2023 | S$67.4b | S$32.8b | S$6.1b | 9.2x | 11x | 2.1x |
| Fri, 03 Feb 2023 | S$71.8b | S$32.6b | S$7.5b | 7.9x | 9.6x | 2.2x |
| Sun, 01 Jan 2023 | S$68.6b | S$32.4b | S$7.5b | 8.3x | 9.2x | 2.1x |
| Tue, 29 Nov 2022 | S$65.9b | S$32.3b | S$7.5b | 9x | 8.8x | 2x |
| Thu, 27 Oct 2022 | S$61.8b | S$32.5b | S$7.3b | 8.2x | 8.4x | 1.9x |
| Sat, 24 Sep 2022 | S$70.1b | S$32.7b | S$7.4b | 9.4x | 9.5x | 2.1x |
| Mon, 22 Aug 2022 | S$73.4b | S$32.9b | S$7.2b | 10x | 10.1x | 2.2x |
| Wed, 20 Jul 2022 | S$71.1b | S$32.4b | S$4.4b | 10.9x | 16.2x | 2.2x |
| Fri, 17 Jun 2022 | S$70.6b | S$32.4b | S$4.4b | 10.6x | 16.1x | 2.2x |
| Sun, 15 May 2022 | S$71.7b | S$32.5b | S$4.5b | 10.1x | 15.9x | 2.2x |
| Tue, 12 Apr 2022 | S$75.2b | S$32.8b | S$4.5b | 10.7x | 16.7x | 2.3x |
| Thu, 10 Mar 2022 | S$72.7b | S$33.4b | S$4.5b | 10.2x | 16.2x | 2.2x |
| Sat, 05 Feb 2022 | S$73.7b | S$29.8b | -S$1,360,176,164.00 | 12.5x | -54.1x | 2.5x |
| Mon, 03 Jan 2022 | S$72.4b | S$29.7b | -S$1,457,079,081.00 | 12.6x | -49.7x | 2.4x |
| Wed, 01 Dec 2021 | S$72.8b | S$27.8b | -S$1,010,544,932.00 | 12.4x | -72.1x | 2.6x |
| Fri, 29 Oct 2021 | S$97.0b | S$34.5b | -S$2,303,266,934.00 | 14.3x | -42.1x | 2.8x |
| Sun, 26 Sep 2021 | S$93.1b | S$34.5b | -S$2,330,261,567.00 | 14.1x | -40x | 2.7x |
| Tue, 24 Aug 2021 | S$76.0b | S$34.5b | -S$2,372,779,048.67 | 12.7x | -32x | 2.2x |
| Wed, 30 Jun 2021 | S$75.5b | S$34.5b | -S$2,372,779,048.67 | 12.6x | -31.8x | 2.2x |
Price to Earnings Ratio
-19.4x
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 35.4x which is higher than its 3-year average PE of 1.8x.
- The 3-year average PS ratio of 2.1x is higher than the industry's current PS ratio of 1.5x.
Past Earnings Growth
- Total earnings for the Real Estate industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 2.5% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Singaporean Real Estate industry?
| SG Market | -0.73% | |
| Real Estate | -0.31% | |
| Real Estate | -0.40% | |
| Real Estate Operating Companies | 0.70% | |
| Real Estate Development | -1.03% | |
| Diversified Real Estate | -1.65% | |
| Real Estate Services | -2.28% | |
Industry PE
- Investors are most optimistic about the Real Estate Services industry, which is trading close to its 3-year average PE ratio of 13.5x.
- Analysts are expecting annual earnings growth of 5.6%, which is higher than its past year's earnings decline of 39.5% per year.
Forecasted Growth
- Analysts are most optimistic on the Real Estate Development industry, expecting annual earnings growth of 32% over the next 5 years.
- This is better than its past earnings decline of 36% per year.
- In contrast, the Diversified Real Estate industry is expected to see its earnings decline by 8.0% 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$3.35 | 3.1% +US$220.7m | -24.9% | PS4x | |
| U06 Singapore Land Group | S$1.87 | 5.6% +S$143.3m | -12.2% | PE9.9x | |
| C09 City Developments | S$5.98 | 0.7% +S$35.8m | -14.7% | PE17.5x | |
| F17 GuocoLand | S$1.52 | 2.0% +S$33.3m | -2.6% | PE8.6x | |
| B61 Bukit Sembawang Estates | S$3.47 | 3.0% +S$25.9m | -14.5% | PE19.1x |
