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Australian (ASX) Diversified REITs Industry Analysis

UpdatedOct 31, 2023
DataAggregated Company Financials
Companies12
  • 7D-6.1%
  • 3M-21.2%
  • 1Y-18.1%
  • YTD-16.6%

Over the last 7 days, the Diversified REITs industry has dropped 4.6%, driven by declines from every company within the industry. Overall the industry is down 15% in 12 months. Earnings are forecast to grow by 23% annually.

Industry Valuation and Performance

Has the Australian Diversified REITs Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 31 Oct 2023AU$32.1bAU$7.6bAU$4.8m19.1x6695.8x4.2x
Thu, 28 Sep 2023AU$36.3bAU$7.6bAU$4.8m21.7x7575.5x4.8x
Sat, 26 Aug 2023AU$38.4bAU$7.6bAU$89.8m22.7x428x5.1x
Mon, 24 Jul 2023AU$42.1bAU$8.6bAU$3.4b8.7x12.4x4.9x
Wed, 21 Jun 2023AU$42.7bAU$8.6bAU$3.4b8.7x12.5x5x
Fri, 19 May 2023AU$43.7bAU$8.6bAU$3.4b8.9x12.8x5.1x
Sun, 16 Apr 2023AU$42.5bAU$8.6bAU$3.4b8.8x12.5x4.9x
Tue, 14 Mar 2023AU$42.2bAU$8.6bAU$3.4b9.5x12.4x4.9x
Thu, 09 Feb 2023AU$45.9bAU$9.7bAU$6.5b7.3x7x4.7x
Sat, 07 Jan 2023AU$41.1bAU$9.6bAU$6.5b6.5x6.3x4.3x
Mon, 05 Dec 2022AU$43.4bAU$9.6bAU$6.5b7x6.7x4.5x
Wed, 02 Nov 2022AU$42.4bAU$9.6bAU$6.5b7x6.5x4.4x
Fri, 30 Sep 2022AU$37.7bAU$9.7bAU$6.5b6x5.8x3.9x
Sun, 28 Aug 2022AU$42.5bAU$9.7bAU$6.5b6.1x6.5x4.4x
Tue, 26 Jul 2022AU$42.7bAU$9.2bAU$7.3b5.5x5.8x4.6x
Thu, 23 Jun 2022AU$40.6bAU$9.2bAU$7.3b5.2x5.5x4.4x
Sat, 21 May 2022AU$45.2bAU$9.2bAU$7.3b5.4x6.2x4.9x
Mon, 18 Apr 2022AU$50.5bAU$9.2bAU$7.3b6.1x6.9x5.5x
Wed, 16 Mar 2022AU$49.7bAU$9.2bAU$7.3b5.8x6.8x5.4x
Fri, 11 Feb 2022AU$50.7bAU$8.5bAU$5.8b8.9x8.8x6x
Sun, 09 Jan 2022AU$55.1bAU$7.9bAU$5.2b9.5x10.6x7x
Tue, 07 Dec 2021AU$53.5bAU$7.9bAU$5.2b9.3x10.3x6.8x
Thu, 04 Nov 2021AU$53.9bAU$7.9bAU$5.2b9.5x10.4x6.8x
Sat, 02 Oct 2021AU$51.4bAU$7.9bAU$5.2b9.1x9.9x6.5x
Mon, 30 Aug 2021AU$53.3bAU$7.9bAU$5.2b9.3x10.3x6.8x
Tue, 06 Jul 2021AU$51.3bAU$7.9bAU$5.2b10x9.8x6.5x
Fri, 09 Apr 2021AU$45.4bAU$7.6bAU$3.1b16.5x14.9x6x
Thu, 31 Dec 2020AU$46.1bAU$7.3bAU$908.3m20.8x50.8x6.3x
Price to Earnings Ratio

34.1x


Total Market Cap: AU$40.1bTotal Earnings: AU$1.2bTotal Revenue: AU$7.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Diversified REITs Industry Price to Earnings3Y Average 422.9x202120222023
Current Industry PE
  • Investors are optimistic on the Australian Diversified REITs industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 7kx which is higher than its 3-year average PE of 406x.
  • The 3-year average PS ratio of 5.5x is higher than the industry's current PS ratio of 4.3x.
Past Earnings Growth
  • The earnings for companies in the Diversified REITs industry have declined 84% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Australian Diversified REITs compare with similar industries?

AU Market-0.99%
Real Estate-4.86%
REITS-6.06%
Diversified REITs-6.07%
Residential REITs-0.41%
Industrial REITs-2.86%
Healthcare REITs-3.45%
Retail REITs-4.79%
Hotel and Resort REITs-6.30%
Specialized REITs-6.43%
Office REITs-9.32%
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
No data available
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Latest News

MGR

AU$1.84

Mirvac Group

7D

-9.2%

1Y

-11.4%

GPT

AU$3.57

GPT Group

7D

-4.3%

1Y

-17.2%

GOZ

AU$2.00

Growthpoint Properties Australia

7D

-8.9%

1Y

-39.9%

CHC

AU$8.66

Charter Hall Group

7D

-4.3%

1Y

-33.1%

CLW

AU$2.99

Charter Hall Long WALE REIT

7D

-6.6%

1Y

-31.3%

APZ

AU$1.65

Aspen Group

7D

-3.2%

1Y

7.2%

SGP

AU$3.50

Stockland

7D

-4.9%

1Y

-2.8%