Spanish (IBEX) Residential REITs Industry Analysis
UpdatedMay 29, 2024
DataAggregated Company Financials
Companies12
- 7D-0.2%
- 3M-2.6%
- 1Y-16.3%
- YTD-5.1%
Over the last 7 days, the Residential REITs industry has remained flat, although notably VBARE Iberian Properties SOCIMI declined by 5.5%. Unfortunately though, the industry is down 16% over the past 12 months. Looking forward, earnings are forecast to decline by 65% per year.
Industry Valuation and Performance
Has the Spanish Residential REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 May 2024 | €992.5m | €137.0m | -€97,058,898.00 | 29.6x | -10.2x | 7.2x |
| Sat, 27 Apr 2024 | €1.4b | €137.1m | -€36,484,767.00 | 26.8x | -37.3x | 9.9x |
| Mon, 25 Mar 2024 | €1.4b | €136.6m | -€39,202,540.00 | 26.3x | -34.7x | 10x |
| Wed, 21 Feb 2024 | €1.4b | €136.5m | -€41,008,629.00 | 27.9x | -33.5x | 10.1x |
| Fri, 19 Jan 2024 | €1.3b | €118.5m | -€36,859,001.00 | 27.9x | -34.3x | 10.7x |
| Sun, 17 Dec 2023 | €1.3b | €162.6m | €3.6m | 27.8x | 358.8x | 7.9x |
| Tue, 14 Nov 2023 | €1.3b | €162.2m | €3.8m | 27.3x | 341.5x | 7.9x |
| Thu, 12 Oct 2023 | €796.5m | €57.2m | €39.8m | 59x | 20x | 13.9x |
| Sat, 09 Sep 2023 | €800.8m | €57.2m | €39.8m | 59x | 20.1x | 14x |
| Mon, 07 Aug 2023 | €800.3m | €57.2m | €39.8m | 59x | 20.1x | 14x |
| Wed, 05 Jul 2023 | €838.4m | €54.2m | €41.7m | 31.8x | 20.1x | 15.5x |
| Fri, 02 Jun 2023 | €426.4m | €12.0m | €19.8m | 59x | 21.6x | 35.4x |
| Sun, 30 Apr 2023 | €389.6m | €11.9m | €21.8m | 49x | 17.9x | 32.9x |
| Tue, 28 Mar 2023 | €389.0m | €9.4m | €17.6m | 39.8x | 22.2x | 41.5x |
Price to Earnings Ratio
22.2x
Current Industry PE
- Investors are pessimistic on the Spanish Residential REITs industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 15.5x is higher than the industry's current PS ratio of 7.2x.
Past Earnings Growth
- Total earnings for the Residential REITs industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 130% 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 decreased profits.
Industry Trends
Which industries have driven the changes within the Spanish Real Estate industry?
| ES Market | -0.29% | |
| Real Estate | -0.17% | |
| Residential REITs | -0.19% | |
| Single-Family Residential REITs | 0% | |
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 | |||||