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South African (JSE) Real Estate Industry Analysis

UpdatedNov 28, 2021
DataAggregated Company Financials
Companies9
  • 7D-2.8%
  • 3M-2.9%
  • 1Y33.7%
  • YTD14.4%

Over the last 7 days, the Real Estate industry has dropped 2.8%, driven by a decline by NEPI Rockcastle of 4.4%. This takes the industry's 12 month performance to a gain of 34%.

Industry Valuation and Performance

Has the South African Real Estate Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Tue, 30 Nov 2021R91.4bR19.7bR3.6b6.3x
Thu, 28 Oct 2021R92.6bR18.8bR2.6b9.2x
Sat, 25 Sep 2021R95.9bR18.3bR2.5b15.1x
Mon, 23 Aug 2021R93.7bR17.9bR1.7b14x
Sat, 10 Jul 2021R91.2bR17.9bR1.7b14.8x
Fri, 02 Apr 2021R83.7bR18.4b-R2,055,763,557.2512.7x
Mon, 04 Jan 2021R81.6bR19.3b-R5,303,659,307.306.8x
Thu, 08 Oct 2020R61.5bR21.2b-R2,574,619,354.454.7x
Wed, 01 Jul 2020R77.2bR21.6bR140.2m53.3x
Sat, 04 Apr 2020R64.5bR22.3bR6.2b9.7x
Tue, 07 Jan 2020R111.5bR19.4bR10.2b9.7x
Mon, 30 Sep 2019R114.0bR20.0bR9.9b9.8x
Thu, 04 Jul 2019R115.4bR19.7bR8.5b14.4x
Sun, 07 Apr 2019R107.9bR19.9bR8.4b12.2x
Wed, 09 Jan 2019R104.2bR20.0bR7.7b12.7x
PE Ratio

7.7x

Total Market Cap: R100.1bTotal Earnings: R1.8bTotal Revenue: R19.4b0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 6.3x which is lower than its 3-year average PE of 14.1x. It appears they believe that earnings will not grow as fast as they have historically.

Past Earnings Growth: The earnings for companies in the Real Estate industry have grown 25% per year over the last three years, while revenues have remained mostly flat. This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the South African Real Estate industry?

Real Estate Development-1.32%
Real Estate Operating Companies-2.79%

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 22.1x. However analysts are expecting annual earnings growth of 50%, which is lower than the prior year's growth of 359% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Real Estate Development industry, which is trading below its 3-year average of 20.8x.

Forecasted Growth: Analysts are most optimistic on the Real Estate Operating Companies industry, expecting annual earnings growth of 50% over the next 5 years. However this is lower than its past earnings growth rate of 359% per year.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
MSP MAS1.4%+R190.8m91.6%PB0.9x
LTE Lighthouse Capital0.8%+R87.4m31.5%PB2.9x
BWN Balwin Properties1.4%+R25.7m-12.3%PB0.6x
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TDH

R9.89

Tradehold

7D

-0.9%

1Y

10.0%

ACS

R5.02

Acsion

7D

0%

1Y

25.5%