Australian (ASX) Retail REITs Industry Analysis
UpdatedOct 31, 2023
DataAggregated Company Financials
Companies12
- 7D-4.8%
- 3M-15.7%
- 1Y-18.2%
- YTD-17.2%
Over the last 7 days, the Retail REITs industry has dropped 3.8%, driven by pullbacks from every company within the industry. However, the industry is down 16% over the past year. Earnings are forecast to grow by 21% annually.
Industry Valuation and Performance
Has the Australian Retail REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Oct 2023 | AU$32.1b | AU$5.3b | AU$299.5m | 28.3x | 107.2x | 6x |
| Thu, 28 Sep 2023 | AU$33.7b | AU$5.3b | AU$299.5m | 28.8x | 112.6x | 6.3x |
| Sat, 26 Aug 2023 | AU$36.0b | AU$5.3b | AU$484.2m | 31.2x | 74.3x | 6.8x |
| Mon, 24 Jul 2023 | AU$37.1b | AU$5.4b | AU$2.3b | 11.9x | 16.2x | 6.9x |
| Wed, 21 Jun 2023 | AU$36.7b | AU$5.4b | AU$2.3b | 11.7x | 16x | 6.8x |
| Fri, 19 May 2023 | AU$37.6b | AU$5.4b | AU$2.3b | 12.3x | 16.4x | 7x |
| Sun, 16 Apr 2023 | AU$37.0b | AU$5.4b | AU$2.3b | 12.1x | 16.2x | 6.9x |
| Tue, 14 Mar 2023 | AU$38.2b | AU$5.4b | AU$2.3b | 12.5x | 16.6x | 7.1x |
| Thu, 09 Feb 2023 | AU$40.1b | AU$5.3b | AU$4.5b | 7.9x | 8.8x | 7.6x |
| Sat, 07 Jan 2023 | AU$38.3b | AU$5.3b | AU$4.8b | 6.7x | 8x | 7.3x |
| Mon, 05 Dec 2022 | AU$39.4b | AU$5.3b | AU$4.8b | 6.9x | 8.2x | 7.5x |
| Wed, 02 Nov 2022 | AU$39.5b | AU$5.3b | AU$4.8b | 6.9x | 8.3x | 7.5x |
| Fri, 30 Sep 2022 | AU$34.8b | AU$5.3b | AU$4.8b | 6.7x | 7.3x | 6.6x |
| Sun, 28 Aug 2022 | AU$39.0b | AU$5.2b | AU$4.8b | 7.6x | 8.2x | 7.4x |
| Tue, 26 Jul 2022 | AU$39.5b | AU$4.9b | AU$4.1b | 9.6x | 9.7x | 8x |
| Thu, 23 Jun 2022 | AU$36.2b | AU$4.9b | AU$4.1b | 9x | 8.9x | 7.3x |
| Sat, 21 May 2022 | AU$38.9b | AU$4.9b | AU$4.1b | 9.2x | 9.6x | 7.9x |
| Mon, 18 Apr 2022 | AU$42.6b | AU$5.1b | AU$4.7b | 8x | 9.2x | 8.3x |
| Wed, 16 Mar 2022 | AU$42.1b | AU$5.1b | AU$4.7b | 7.8x | 9x | 8.2x |
| Fri, 11 Feb 2022 | AU$39.9b | AU$4.7b | AU$2.4b | 8.3x | 16.7x | 8.4x |
| Sun, 09 Jan 2022 | AU$41.4b | AU$4.7b | AU$1.9b | 9.4x | 22.3x | 8.8x |
| Tue, 07 Dec 2021 | AU$39.5b | AU$4.7b | AU$1.9b | 9.3x | 21.3x | 8.4x |
| Thu, 04 Nov 2021 | AU$40.1b | AU$4.7b | AU$1.9b | 9.4x | 21.6x | 8.5x |
| Sat, 02 Oct 2021 | AU$38.8b | AU$4.7b | AU$1.9b | 8.7x | 20.9x | 8.2x |
| Mon, 30 Aug 2021 | AU$38.4b | AU$4.7b | AU$1.5b | 14.1x | 25x | 8.2x |
| Tue, 06 Jul 2021 | AU$36.2b | AU$4.7b | AU$1.5b | 13.7x | 23.6x | 7.7x |
| Fri, 09 Apr 2021 | AU$36.0b | AU$4.5b | -AU$2,020,431,000.00 | 12.5x | -17.8x | 8x |
| Thu, 31 Dec 2020 | AU$35.7b | AU$4.4b | -AU$5,544,136,000.00 | 17.8x | -6.4x | 8.1x |
Price to Earnings Ratio
-5.8x
Current Industry PE
- Investors are optimistic on the Australian Retail REITs industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 109x which is higher than its 3-year average PE of 15.7x.
- The 3-year average PS ratio of 7.6x is higher than the industry's current PS ratio of 6.1x.
Past Earnings Growth
- Total earnings for the Retail REITs industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 5.2% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Australian Retail REITs compare with similar industries?
| AU Market | -0.99% | |
| Real Estate | -4.86% | |
| REITS | -6.06% | |
| Retail REITs | -4.79% | |
| Residential REITs | -0.41% | |
| Industrial REITs | -2.86% | |
| Healthcare REITs | -3.45% | |
| Diversified REITs | -6.07% | |
| 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| No data available | |||||