UpdatedApr 05, 2024
DataAggregated Company Financials
Companies15
- 7D-1.6%
- 3M-0.3%
- 1Y2.9%
- YTD-1.9%
Over the last 7 days, the REITS industry has dropped 1.6%, driven by a pullback from Land Securities Group of 2.2%. On the other hand Schroder Real Estate Investment Trust is actually up 5.0%. Over the last year, the industry has been flat overall. Looking forward, earnings are forecast to grow by 96% annually.
Industry Valuation and Performance
Has the U.K. REITS Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 05 Apr 2024 | UK£15.0b | UK£2.0b | -UK£2,717,798,051.76 | 14.6x | -5.5x | 7.5x |
| Sun, 03 Mar 2024 | UK£12.2b | UK£2.1b | -UK£2,878,471,514.24 | 19.6x | -4.2x | 5.8x |
| Tue, 30 Jan 2024 | UK£16.2b | UK£2.4b | -UK£2,672,136,920.00 | 11.4x | -6.1x | 6.8x |
| Thu, 28 Dec 2023 | UK£16.8b | UK£2.4b | -UK£2,633,216,740.00 | 11.3x | -6.4x | 7.1x |
| Sat, 25 Nov 2023 | UK£15.8b | UK£2.3b | -UK£2,608,725,602.00 | 11.5x | -6.1x | 6.7x |
| Mon, 23 Oct 2023 | UK£14.6b | UK£2.2b | -UK£2,598,555,294.00 | 11.8x | -5.6x | 6.7x |
| Wed, 20 Sep 2023 | UK£14.9b | UK£2.2b | -UK£1,856,895,862.00 | 7.5x | -8x | 6.9x |
| Fri, 18 Aug 2023 | UK£15.0b | UK£2.2b | -UK£1,753,902,754.00 | 7.5x | -8.6x | 6.9x |
| Sun, 16 Jul 2023 | UK£17.9b | UK£2.3b | -UK£1,976,559,068.00 | 6.1x | -9.1x | 7.9x |
| Tue, 13 Jun 2023 | UK£18.6b | UK£2.3b | -UK£1,806,343,258.00 | 6.9x | -10.3x | 8.2x |
| Thu, 11 May 2023 | UK£19.1b | UK£2.2b | UK£1.5b | 6.5x | 12.8x | 8.7x |
| Sat, 08 Apr 2023 | UK£19.1b | UK£2.2b | UK£1.9b | 6.4x | 10x | 8.8x |
| Mon, 06 Mar 2023 | UK£58.1b | UK£6.1b | UK£2.1b | 7.1x | 27.5x | 9.4x |
| Wed, 01 Feb 2023 | UK£59.2b | UK£6.1b | UK£11.1b | 6.7x | 5.3x | 9.7x |
| Fri, 30 Dec 2022 | UK£55.5b | UK£6.0b | UK£11.0b | 6.7x | 5x | 9.3x |
| Sun, 27 Nov 2022 | UK£57.4b | UK£6.0b | UK£11.3b | 6.7x | 5.1x | 9.6x |
| Tue, 25 Oct 2022 | UK£51.5b | UK£5.7b | UK£13.5b | 4.5x | 3.8x | 9x |
| Thu, 22 Sep 2022 | UK£59.6b | UK£5.7b | UK£13.2b | 6.1x | 4.5x | 10.5x |
| Sat, 20 Aug 2022 | UK£68.5b | UK£5.7b | UK£13.2b | 6.5x | 5.2x | 12.1x |
| Mon, 18 Jul 2022 | UK£67.7b | UK£5.5b | UK£12.2b | 7.3x | 5.5x | 12.3x |
| Wed, 15 Jun 2022 | UK£66.7b | UK£5.5b | UK£11.9b | 7.9x | 5.6x | 12.2x |
| Fri, 13 May 2022 | UK£69.5b | UK£5.3b | UK£8.1b | 9.6x | 8.6x | 13x |
| Sun, 10 Apr 2022 | UK£78.2b | UK£5.4b | UK£7.8b | 10.4x | 10x | 14.6x |
| Tue, 08 Mar 2022 | UK£71.2b | UK£5.4b | UK£7.5b | 12.1x | 9.4x | 13.3x |
| Thu, 03 Feb 2022 | UK£78.0b | UK£5.2b | UK£4.3b | 12.8x | 18.2x | 15x |
| Sat, 01 Jan 2022 | UK£79.9b | UK£5.2b | UK£4.1b | 13.3x | 19.3x | 15.4x |
| Mon, 29 Nov 2021 | UK£76.9b | UK£5.2b | UK£3.5b | 12.9x | 22.2x | 14.8x |
| Wed, 27 Oct 2021 | UK£73.4b | UK£5.2b | UK£145.5m | 13.2x | 504.6x | 14.1x |
| Fri, 24 Sep 2021 | UK£74.5b | UK£5.2b | -UK£291,533,770.00 | 15.3x | -255.4x | 14.3x |
| Sun, 22 Aug 2021 | UK£75.7b | UK£5.2b | -UK£408,408,152.56 | 16.3x | -185.4x | 14.6x |
| Fri, 09 Jul 2021 | UK£68.3b | UK£5.2b | -UK£408,408,152.56 | 15.2x | -167.2x | 13.1x |
Price to Earnings Ratio
-33.6x
Current Industry PE
- Investors are pessimistic on the British REITs industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 11.2x is higher than the industry's current PS ratio of 7.5x.
Past Earnings Growth
- The earnings for companies in the REITs industry have deteriorated over the last three years.
- Revenues have also declined 27% per year.
- This means overall sales from these companies are declining and losses are subsequently expanding as well.
Industry Trends
Which industries have driven the changes within the U.K. Real Estate industry?
| GB Market | 0.35% | |
| Real Estate | -1.75% | |
| REITS | -1.56% | |
| Specialized REITs | 0% | |
| Hotel and Resort REITs | 0% | |
| Diversified REITs | -1.56% | |
| Healthcare REITs | -1.73% | |
| Industrial REITs | -1.84% | |
| Office REITs | -2.19% | |
| Residential REITs | -2.54% | |
| Retail REITs | -2.98% | |
Industry PE
- Investors are most optimistic about the Residential REITs industry which is trading above its 3-year average PE ratio of 26.0x.
- Analysts are expecting annual earnings growth of 22.0%, which is higher than its past year's earnings decline of 21.1% per year.
Forecasted Growth
- Analysts are most optimistic on the Office REITs industry, expecting annual earnings growth of 97% over the next 5 years.
- In contrast, the Residential REITs industry is expected to see its earnings grow by 22% 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 | |
|---|---|---|---|---|---|
| SREI Schroder Real Estate Investment Trust | UK£0.44 | 5.0% +UK£10.3m | -2.8% | PB0.7x | |
| GRIO Ground Rents Income Fund | UK£0.32 | 3.5% +UK£1.1m | -14.6% | PB0.3x | |
| TOWN Town Centre Securities | UK£1.41 | 0.7% +UK£421.3k | 1.4% | PB0.5x | |
| RLE Real Estate Investors | UK£0.33 | 0.6% +UK£347.7k | 8.9% | PB0.6x | |
| SERE Schroder European Real Estate Investment Trust | UK£0.62 | 0.2% +UK£133.7k | -25.5% | PB0.6x |
