Spanish (IBEX) Retail REITs Industry Analysis
UpdatedMay 29, 2024
DataAggregated Company Financials
Companies8
- 7D-0.5%
- 3M0.7%
- 1Y3.8%
- YTDn/a
In the last week, the Retail REITs industry is flat overall, with Lar España Real Estate SOCIMI standing out by going down 3.8%. As for the the longer term, the industry is up 3.8% over the past 12 months. Earnings are forecast to grow by 22% annually.
Industry Valuation and Performance
Has the Spanish Retail REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 May 2024 | €4.6b | €316.0m | €145.6m | 28.4x | 31.9x | 14.7x |
| Sat, 27 Apr 2024 | €4.6b | €292.7m | €121.2m | 26.9x | 38.3x | 15.9x |
| Mon, 25 Mar 2024 | €4.7b | €292.5m | €121.2m | 27.3x | 38.5x | 15.9x |
| Wed, 21 Feb 2024 | €4.1b | €197.2m | €82.2m | 30.7x | 49.7x | 20.7x |
| Fri, 19 Jan 2024 | €4.1b | €197.2m | €82.2m | 30.7x | 49.7x | 20.7x |
| Sun, 17 Dec 2023 | €4.1b | €197.2m | €82.2m | 30.7x | 49.6x | 20.7x |
| Tue, 14 Nov 2023 | €4.1b | €197.2m | €82.2m | 30.7x | 49.6x | 20.7x |
| Thu, 12 Oct 2023 | €4.1b | €207.6m | €103.4m | 31.4x | 39.2x | 19.5x |
| Sat, 09 Sep 2023 | €4.1b | €206.7m | €103.7m | 31.4x | 39.1x | 19.6x |
| Mon, 07 Aug 2023 | €4.0b | €206.7m | €103.7m | 31.4x | 39x | 19.6x |
| Wed, 05 Jul 2023 | €4.1b | €206.2m | €102.7m | 31.2x | 39.5x | 19.7x |
| Fri, 02 Jun 2023 | €4.1b | €183.8m | €114.3m | 35.1x | 35.5x | 22.1x |
| Sun, 30 Apr 2023 | €4.1b | €183.8m | €114.3m | 35.1x | 35.5x | 22.1x |
| Tue, 28 Mar 2023 | €4.1b | €183.5m | €114.0m | 35.1x | 35.7x | 22.2x |
| Thu, 23 Feb 2023 | €4.1b | €183.1m | €117.7m | 28.4x | 34.6x | 22.2x |
| Sat, 21 Jan 2023 | €4.1b | €183.1m | €117.7m | 27.9x | 34.5x | 22.2x |
| Mon, 19 Dec 2022 | €4.1b | €183.1m | €117.7m | 27.3x | 34.5x | 22.2x |
| Wed, 16 Nov 2022 | €4.1b | €183.1m | €117.7m | 27.3x | 34.5x | 22.2x |
| Fri, 14 Oct 2022 | €4.1b | €184.5m | €119.4m | 34x | 33.9x | 22x |
| Sun, 11 Sep 2022 | €4.1b | €184.5m | €120.9m | 33.6x | 33.6x | 22x |
| Tue, 09 Aug 2022 | €4.1b | €184.5m | €120.9m | 32.6x | 33.5x | 22x |
| Thu, 07 Jul 2022 | €4.1b | €184.5m | €120.9m | 31.9x | 34.2x | 22.4x |
| Sat, 04 Jun 2022 | €4.0b | €186.6m | €123.0m | 30.7x | 32.8x | 21.6x |
| Mon, 02 May 2022 | €4.0b | €160.2m | €95.8m | 30.7x | 42x | 25.1x |
| Wed, 30 Mar 2022 | €4.0b | €160.2m | €95.8m | 30.7x | 42x | 25.1x |
| Fri, 25 Feb 2022 | €4.0b | €163.9m | €90.6m | 46.2x | 44.4x | 24.5x |
| Sun, 23 Jan 2022 | €4.0b | €163.9m | €90.6m | 46.2x | 44.4x | 24.5x |
| Tue, 21 Dec 2021 | €4.0b | €163.7m | €90.7m | 46.2x | 44.4x | 24.6x |
| Thu, 18 Nov 2021 | €4.0b | €163.7m | €90.7m | 46.2x | 44.3x | 24.5x |
| Sat, 16 Oct 2021 | €4.0b | €159.8m | €87.6m | 46.2x | 45.9x | 25.2x |
| Mon, 13 Sep 2021 | €3.9b | €155.4m | €83.0m | 37.4x | 47.3x | 25.3x |
| Wed, 11 Aug 2021 | €3.9b | €155.4m | €83.0m | 37.4x | 47.3x | 25.3x |
| Sun, 06 Jun 2021 | €3.9b | €155.4m | €83.0m | 39.4x | 47x | 25.1x |
Price to Earnings Ratio
47x
Current Industry PE
- Investors are pessimistic on the Spanish Retail REITs industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 31.9x which is lower than its 3-year average PE of 40.3x.
- The 3-year average PS ratio of 21.9x is higher than the industry's current PS ratio of 14.7x.
Past Earnings Growth
- The earnings for companies in the Retail REITs industry have grown 21% per year over the last three years.
- Revenues for these companies have grown 27% 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 Spanish Retail REITs compare with similar industries?
| ES Market | -0.29% | |
| Real Estate | -0.17% | |
| REITS | 0.91% | |
| Retail REITs | -0.48% | |
| Diversified REITs | 0.91% | |
| Office REITs | 0.18% | |
| Industrial REITs | 0% | |
| Specialized REITs | 0% | |
| Residential REITs | -0.19% | |
| Hotel and Resort REITs | -2.04% | |
| Healthcare REITs | -3.05% | |
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 | |
|---|---|---|---|---|---|
| YORE Olimpo Real Estate SOCIMI | €1.01 | 1.0% +€2.0m | -6.5% | PB1.3x |