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Oct 07
U.K. (FTSE) Real Estate Sector Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies90
- 7D-1.2%
- 3M-10.5%
- 1Y-14.9%
- YTD-15.6%
The Real Estate industry is down 1.2% over the last week with Unite Group the worst performer, down 1.8%. However, the industry is down 15% over the past year. Earnings are forecast to grow by 67% annually.
Sector Valuation and Performance
Has the U.K. Real Estate Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | UK£58.2b | UK£14.7b | -UK£8,173,829,014.00 | 12.7x | -7.1x | 4x |
| Wed, 27 Sep 2023 | UK£62.5b | UK£14.9b | -UK£7,130,494,679.00 | 12.2x | -8.8x | 4.2x |
| Fri, 25 Aug 2023 | UK£62.5b | UK£14.9b | -UK£6,839,302,383.00 | 11.1x | -9.1x | 4.2x |
| Sun, 23 Jul 2023 | UK£68.1b | UK£14.8b | -UK£4,959,296,432.00 | 11.9x | -13.7x | 4.6x |
| Tue, 20 Jun 2023 | UK£66.0b | UK£15.0b | -UK£4,656,950,770.00 | 10.8x | -14.2x | 4.4x |
| Thu, 18 May 2023 | UK£69.4b | UK£14.9b | UK£219.7m | 9.1x | 315.8x | 4.6x |
| Sat, 15 Apr 2023 | UK£70.4b | UK£14.9b | UK£1.8b | 8x | 38.8x | 4.7x |
| Mon, 13 Mar 2023 | UK£69.1b | UK£14.8b | UK£2.8b | 7.4x | 24.7x | 4.7x |
| Wed, 08 Feb 2023 | UK£70.6b | UK£14.4b | UK£12.0b | 7.5x | 5.9x | 4.9x |
| Fri, 06 Jan 2023 | UK£66.5b | UK£14.4b | UK£12.0b | 7.3x | 5.5x | 4.6x |
| Sun, 04 Dec 2022 | UK£66.5b | UK£14.6b | UK£12.1b | 7.5x | 5.5x | 4.6x |
| Tue, 01 Nov 2022 | UK£63.9b | UK£14.3b | UK£14.5b | 6.3x | 4.4x | 4.5x |
| Thu, 29 Sep 2022 | UK£61.6b | UK£14.4b | UK£14.4b | 6.2x | 4.3x | 4.3x |
| Sat, 27 Aug 2022 | UK£76.2b | UK£14.4b | UK£14.1b | 7.7x | 5.4x | 5.3x |
| Mon, 25 Jul 2022 | UK£83.3b | UK£13.9b | UK£13.0b | 8.7x | 6.4x | 6x |
| Wed, 22 Jun 2022 | UK£79.1b | UK£13.8b | UK£12.9b | 8.9x | 6.1x | 5.8x |
| Fri, 20 May 2022 | UK£83.3b | UK£13.7b | UK£10.0b | 10.1x | 8.4x | 6.1x |
| Sun, 17 Apr 2022 | UK£91.5b | UK£13.2b | UK£8.6b | 10.7x | 10.6x | 6.9x |
| Tue, 15 Mar 2022 | UK£89.6b | UK£12.9b | UK£8.3b | 11.8x | 10.8x | 7x |
| Thu, 10 Feb 2022 | UK£91.7b | UK£12.9b | UK£4.5b | 12.6x | 20.5x | 7.1x |
| Sat, 08 Jan 2022 | UK£94.1b | UK£12.7b | UK£4.3b | 13.1x | 21.8x | 7.4x |
| Mon, 06 Dec 2021 | UK£92.4b | UK£12.7b | UK£4.3b | 12.9x | 21.5x | 7.3x |
| Wed, 03 Nov 2021 | UK£89.4b | UK£12.7b | UK£218.5m | 13.3x | 409.2x | 7x |
| Fri, 01 Oct 2021 | UK£86.6b | UK£12.7b | -UK£135,015,788.00 | 14.6x | -641.4x | 6.8x |
| Sun, 29 Aug 2021 | UK£87.9b | UK£10.3b | UK£97.0m | 17.1x | 905.8x | 8.5x |
| Mon, 05 Jul 2021 | UK£79.4b | UK£10.3b | UK£97.0m | 16x | 818.1x | 7.7x |
| Thu, 08 Apr 2021 | UK£74.1b | UK£10.1b | -UK£1,612,774,561.05 | 14.2x | -46x | 7.3x |
| Sun, 10 Jan 2021 | UK£71.7b | UK£10.1b | -UK£3,807,867,293.14 | 13x | -18.8x | 7.1x |
Price to Earnings Ratio
-13.4x
Current Industry PE
- Investors are pessimistic on the British Real Estate industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 6.3x is higher than the industry's current PS ratio of 4.0x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have deteriorated over the last three years.
- Meanwhile revenues for these companies have grown 13% 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 sector?
| GB Market | -1.27% | |
| Real Estate | -1.18% | |
| Specialized REITs | 0.50% | |
| Hotel and Resort REITs | 0% | |
| Real Estate | -0.65% | |
| REITS | -1.03% | |
| Health Care REITs | -1.08% | |
| Industrial REITs | -1.11% | |
| Residential REITs | -1.76% | |
| Retail REITs | -2.16% | |
| Office REITs | -2.22% | |
Industry PE
- Investors are most optimistic about the Residential REITs industry which is trading above its 3-year average PE ratio of 13.4x.
- Analysts are expecting annual earnings growth of 28.5%, which is higher than its past year's earnings decline of 66.0% per year.
Forecasted Growth
- Analysts are most optimistic on the Industrial REITs industry, expecting annual earnings growth of 103% over the next 5 years.
- In contrast, the Specialized REITs industry is expected to see its earnings grow by 5.4% 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 | |
|---|---|---|---|---|---|
| PHP Primary Health Properties | UK£0.87 | 2.3% +UK£26.1m | -21.3% | PB0.8x | |
| SOHO Triple Point Social Housing REIT | UK£0.55 | 10.8% +UK£21.2m | -16.3% | PB0.5x | |
| SUPR Supermarket Income REIT | UK£0.73 | 2.4% +UK£21.2m | -28.8% | PB0.7x | |
| LXI LXI REIT | UK£0.85 | 1.0% +UK£14.6m | -30.3% | PB0.7x | |
| LMP LondonMetric Property | UK£1.62 | 0.6% +UK£9.7m | -13.3% | PB0.9x |