U.K. (FTSE) Office REITs Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies7
- 7D-2.2%
- 3M-17.1%
- 1Y-25.3%
- YTD-28.7%
Over the last 7 days, the Office REITs industry has dropped 2.2%, driven by pullbacks from every company within the industry. Overall the industry is down 25% in 12 months. Earnings are forecast to grow by 93% annually.
Industry Valuation and Performance
Has the U.K. Office REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | UK£5.1b | UK£1.1b | -UK£1,209,706,000.00 | n/a | -4.3x | 4.9x |
| Wed, 27 Sep 2023 | UK£5.7b | UK£1.1b | -UK£1,209,706,000.00 | n/a | -4.7x | 5.4x |
| Fri, 25 Aug 2023 | UK£5.7b | UK£1.1b | -UK£1,111,635,000.00 | n/a | -5.1x | 5.4x |
| Sun, 23 Jul 2023 | UK£6.4b | UK£1.0b | -UK£710,735,000.00 | n/a | -9x | 6.2x |
| Tue, 20 Jun 2023 | UK£5.9b | UK£992.3m | -UK£646,224,000.00 | n/a | -9.1x | 6x |
| Thu, 18 May 2023 | UK£6.1b | UK£964.2m | -UK£269,824,000.00 | 37.1x | -22.5x | 6.3x |
| Sat, 15 Apr 2023 | UK£6.5b | UK£973.5m | -UK£269,824,000.00 | 38.6x | -24x | 6.6x |
Price to Earnings Ratio
-23.3x
Current Industry PE
- Investors are pessimistic on the British Office REITs industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 5.9x is higher than the industry's current PS ratio of 4.9x.
Past Earnings Growth
- The earnings for companies in the Office REITs industry have deteriorated over the last three years.
- Meanwhile revenues for these companies have grown 4.8% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has caused losses to expand.
Industry Trends
Which industries have driven the changes within the U.K. Real Estate industry?
| GB Market | -1.27% | |
| Real Estate | -1.18% | |
| Office REITs | -2.22% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| No data available | |||||