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Australian (ASX) Real Estate Development Industry Analysis

UpdatedOct 31, 2023
DataAggregated Company Financials
  • 7D-4.0%
  • 3M-12.6%
  • 1Y-15.6%
  • YTD-17.3%

Over the last 7 days, the Real Estate Development industry has dropped 5.0%, driven by Sunland Group declining 92%. The industry has fallen 14% in the last year. Earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

Has the Australian Real Estate Development Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 31 Oct 2023AU$2.8bAU$1.2bAU$198.5m11.3x14.2x2.3x
Thu, 28 Sep 2023AU$3.1bAU$1.2bAU$198.5m11.9x15.5x2.5x
Sat, 26 Aug 2023AU$3.1bAU$1.3bAU$204.9m13.5x15.2x2.5x
Mon, 24 Jul 2023AU$3.2bAU$1.4bAU$236.7m12.7x13.3x2.3x
Wed, 21 Jun 2023AU$2.9bAU$1.4bAU$236.7m12.2x12.4x2.2x
Fri, 19 May 2023AU$3.1bAU$1.4bAU$236.7m12.3x13.1x2.3x
Sun, 16 Apr 2023AU$3.2bAU$1.4bAU$238.7m12.1x13.2x2.3x
Tue, 14 Mar 2023AU$3.0bAU$1.4bAU$238.7m10.9x12.6x2.2x
Thu, 09 Feb 2023AU$3.4bAU$1.5bAU$268.0m10.4x12.6x2.2x
Sat, 07 Jan 2023AU$3.4bAU$1.5bAU$268.0m10.1x12.8x2.2x
Mon, 05 Dec 2022AU$3.4bAU$1.5bAU$268.0m10x12.8x2.2x
Wed, 02 Nov 2022AU$3.3bAU$1.5bAU$268.0m9.7x12.5x2.2x
Fri, 30 Sep 2022AU$3.0bAU$1.5bAU$268.0m9.3x11.3x2x
Sun, 28 Aug 2022AU$3.4bAU$1.3bAU$217.4m10.1x15.5x2.6x
Tue, 26 Jul 2022AU$3.3bAU$1.6bAU$256.5m13x12.9x2.1x
Thu, 23 Jun 2022AU$2.8bAU$1.6bAU$256.5m11.6x11.1x1.8x
Sat, 21 May 2022AU$3.1bAU$1.6bAU$278.4m12.5x11.3x2x
Mon, 18 Apr 2022AU$3.5bAU$1.6bAU$277.4m14.5x12.6x2.2x
Wed, 16 Mar 2022AU$3.6bAU$1.6bAU$277.4m13.8x13x2.3x
Fri, 11 Feb 2022AU$3.9bAU$1.4bAU$209.4m14.1x18.7x2.8x
Sun, 09 Jan 2022AU$4.1bAU$1.4bAU$209.4m14.4x19.4x2.9x
Tue, 07 Dec 2021AU$4.0bAU$1.4bAU$206.4m14x19.4x2.8x
Thu, 04 Nov 2021AU$4.4bAU$1.5bAU$199.4m14.6x21.9x3x
Sat, 02 Oct 2021AU$4.2bAU$1.5bAU$199.4m14.1x21.3x2.9x
Mon, 30 Aug 2021AU$4.2bAU$1.5bAU$204.5m16.2x20.5x2.8x
Tue, 06 Jul 2021AU$3.8bAU$1.5bAU$204.5m16.6x18.4x2.5x
Fri, 09 Apr 2021AU$3.5bAU$1.4bAU$129.2m18x27.2x2.4x
Thu, 31 Dec 2020AU$3.4bAU$1.4bAU$42.1m23.5x80.3x2.4x
Price to Earnings Ratio


Total Market Cap: AU$2.9bTotal Earnings: AU$34.5mTotal Revenue: AU$1.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Real Estate Development Industry Price to Earnings3Y Average 24x202120222023
Current Industry PE
  • Investors are pessimistic on the Australian Real Estate Development 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 14.2x which is lower than its 3-year average PE of 25.7x.
  • The industry is trading close to its 3-year average PS ratio of 2.4x.
Past Earnings Growth
  • The earnings for companies in the Real Estate Development industry have grown 79% 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 Comparison

How does Australian Real Estate Development compare with similar industries?

AU Market-0.99%
Real Estate-4.86%
Real Estate-4.39%
Real Estate Development-4.00%
Real Estate Operating Companies-1.47%
Diversified Real Estate-4.37%
Real Estate Services-5.73%
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?

CompanyLast Price7D1YValuation
LIC Lifestyle CommunitiesAU$15.540.3%
AXI Axiom PropertiesAU$0.042.6%
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