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Canadian (TSX) Retail REITs Industry Analysis

UpdatedMay 08, 2024
DataAggregated Company Financials
Companies9
  • 7D0.8%
  • 3M-5.5%
  • 1Y-9.9%
  • YTDn/a

Over the last 7 days, the Retail REITs industry has remained flat. Unfortunately though, the industry is down 9.9% over the past 12 months. As for the next few years, earnings are expected to grow by 80% per annum.

Industry Valuation and Performance

Has the Canadian Retail REITs Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 08 May 2024CA$24.5bCA$6.2bCA$1.4b15.6x17.3x4x
Fri, 05 Apr 2024CA$24.8bCA$6.1bCA$1.5b21.8x17x4.1x
Sun, 03 Mar 2024CA$25.6bCA$6.1bCA$1.5b22.4x17.5x4.2x
Tue, 30 Jan 2024CA$26.3bCA$6.0bCA$1.5b18.6x18.1x4.4x
Thu, 28 Dec 2023CA$26.1bCA$6.0bCA$1.4b18.4x18x4.4x
Sat, 25 Nov 2023CA$24.4bCA$6.0bCA$1.5b16.4x16.8x4.1x
Mon, 23 Oct 2023CA$23.3bCA$5.7bCA$2.0b12x11.6x4.1x
Wed, 20 Sep 2023CA$25.8bCA$5.7bCA$2.0b14x12.9x4.5x
Fri, 18 Aug 2023CA$25.7bCA$5.7bCA$2.0b13.6x12.8x4.5x
Sun, 16 Jul 2023CA$26.2bCA$5.9bCA$1.4b12.1x18.4x4.5x
Tue, 13 Jun 2023CA$31.8bCA$5.9bCA$1.4b12.1x22.3x5.4x
Thu, 11 May 2023CA$32.8bCA$5.9bCA$1.7b12.4x19.5x5.6x
Sat, 08 Apr 2023CA$33.5bCA$5.8bCA$1.9b8.6x17.9x5.7x
Mon, 06 Mar 2023CA$35.4bCA$5.8bCA$1.9b9.1x19x6.1x
Wed, 01 Feb 2023CA$36.2bCA$6.0bCA$3.0b10.7x12x6x
Fri, 30 Dec 2022CA$34.4bCA$6.0bCA$3.0b9.8x11.4x5.7x
Sun, 27 Nov 2022CA$35.2bCA$6.0bCA$3.0b10.1x11.6x5.9x
Tue, 25 Oct 2022CA$31.3bCA$6.0bCA$3.1b9.8x10x5.2x
Thu, 22 Sep 2022CA$32.7bCA$6.0bCA$3.1b10.1x10.5x5.5x
Sat, 20 Aug 2022CA$35.0bCA$6.0bCA$3.1b11.1x11.2x5.9x
Mon, 18 Jul 2022CA$32.4bCA$5.8bCA$3.5b9x9.4x5.6x
Wed, 15 Jun 2022CA$33.2bCA$5.8bCA$3.5b9.5x9.6x5.7x
Fri, 13 May 2022CA$34.4bCA$5.8bCA$3.2b10.1x10.7x5.9x
Sun, 10 Apr 2022CA$39.1bCA$5.7bCA$2.8b9x13.8x6.8x
Tue, 08 Mar 2022CA$38.2bCA$5.7bCA$2.8b8.6x13.5x6.7x
Thu, 03 Feb 2022CA$36.5bCA$5.5bCA$2.1b15.4x17x6.7x
Sat, 01 Jan 2022CA$36.3bCA$5.3bCA$2.0b16.6x18.3x6.9x
Mon, 29 Nov 2021CA$35.2bCA$5.3bCA$2.0b16.1x17.8x6.6x
Wed, 27 Oct 2021CA$35.6bCA$5.3bCA$1.6b18.5x21.8x6.8x
Fri, 24 Sep 2021CA$35.5bCA$5.3bCA$1.6b18.1x21.7x6.7x
Sun, 22 Aug 2021CA$28.3bCA$5.3bCA$1.6b16.1x17.3x5.4x
Fri, 09 Jul 2021CA$27.6bCA$5.3bCA$1.6b16x16.9x5.3x
Price to Earnings Ratio

59.1x


Total Market Cap: CA$27.3bTotal Earnings: CA$462.3mTotal Revenue: CA$5.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Retail REITs Industry Price to Earnings3Y Average 16.6x202220232024
Current Industry PE
  • Investors are relatively neutral on the Canadian Retail REITs industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 16.6x.
  • The 3-year average PS ratio of 5.5x is higher than the industry's current PS ratio of 4.0x.
Past Earnings Growth
  • The earnings for companies in the Retail REITs industry have grown 45% per year over the last three years.
  • Revenues for these companies have grown 6.1% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Canadian Retail REITs compare with similar industries?

CA Market2.53%
Real Estate2.04%
REITS0.42%
Retail REITs0.78%
Residential REITs2.82%
Industrial REITs2.59%
Hotel and Resort REITs1.04%
Specialized REITs0.71%
Diversified REITs0.42%
Office REITs0.41%
Healthcare REITs0%
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
FCR.UN First Capital Real Estate Investment TrustCA$15.092.1%
+CA$65.8m		0.9%PB0.8x
REI.UN RioCan Real Estate Investment TrustCA$17.641.1%
+CA$60.1m		-12.7%PB0.7x
SRU.UN SmartCentres Real Estate Investment TrustCA$22.541.2%
+CA$37.6m		-12.2%PB0.6x
PMZ.UN Primaris Real Estate Investment TrustCA$13.431.7%
+CA$21.4m		5.6%PB0.6x
CRT.UN CT Real Estate Investment TrustCA$13.520.7%
+CA$21.2m		-12.8%PB1.8x
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Latest News

PMZ.UN

CA$13.43

Primaris Real Estate Investment Trust

7D

1.7%

1Y

5.6%

CRT.UN

CA$13.52

CT Real Estate Investment Trust

7D

0.7%

1Y

-12.8%

SGR.UN

CA$10.69

Slate Grocery REIT

7D

-1.9%

1Y

-18.1%

FCR.UN

CA$15.09

First Capital Real Estate Investment Trust

7D

2.1%

1Y

0.9%

CHP.UN

CA$13.03

Choice Properties Real Estate Investment Trust

7D

0.08%

1Y

-8.1%

SRU.UN

CA$22.54

SmartCentres Real Estate Investment Trust

7D

1.2%

1Y

-12.2%

REI.UN

CA$17.64

RioCan Real Estate Investment Trust

7D

1.1%

1Y

-12.7%

CRR.UN

CA$12.76

Crombie Real Estate Investment Trust

7D

-0.7%

1Y

-15.3%

PLZ.UN

CA$3.48

Plaza Retail REIT

7D

0.3%

1Y

-13.2%