U.K. (FTSE) Residential REITs Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies7
- 7D4.1%
- 3M-2.3%
- 1Y5.1%
- YTD-6.2%
The Residential REITs industry is up 4.1% in the last week, with Unite Group up 4.7%. This means that the industry has gained 5.1% over the past year. Looking forward, earnings are forecast to grow by 22% annually.
Industry Valuation and Performance
Has the U.K. Residential REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | UK£5.6b | UK£537.9m | UK£225.4m | 9.1x | 24.8x | 10.4x |
| Fri, 05 Apr 2024 | UK£5.5b | UK£537.9m | UK£225.4m | 8.9x | 24.3x | 10.2x |
| Sun, 03 Mar 2024 | UK£5.5b | UK£530.8m | UK£157.8m | 20.2x | 34.6x | 10.3x |
| Tue, 30 Jan 2024 | UK£6.6b | UK£606.0m | UK£267.9m | 17.7x | 24.6x | 10.9x |
| Thu, 28 Dec 2023 | UK£6.8b | UK£606.0m | UK£267.8m | 18.2x | 25.4x | 11.2x |
| Sat, 25 Nov 2023 | UK£6.4b | UK£603.6m | UK£266.5m | 17.9x | 24.1x | 10.6x |
| Mon, 23 Oct 2023 | UK£5.8b | UK£603.6m | UK£266.5m | 16.3x | 21.9x | 9.7x |
| Wed, 20 Sep 2023 | UK£6.0b | UK£600.0m | UK£316.2m | 19x | 18.9x | 10x |
| Fri, 18 Aug 2023 | UK£6.1b | UK£593.0m | UK£372.3m | 9.5x | 16.3x | 10.3x |
| Sun, 16 Jul 2023 | UK£5.9b | UK£578.4m | UK£588.1m | 8.9x | 10x | 10.1x |
| Tue, 13 Jun 2023 | UK£5.8b | UK£577.5m | UK£632.1m | 7.9x | 9.2x | 10x |
| Thu, 11 May 2023 | UK£5.8b | UK£578.2m | UK£669.9m | 8.5x | 8.7x | 10.1x |
| Sat, 08 Apr 2023 | UK£5.9b | UK£578.2m | UK£669.9m | 8x | 8.8x | 10.2x |
Price to Earnings Ratio
8.1x
Current Industry PE
- Investors are optimistic on the British Residential REITs industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 24.8x which is higher than its 3-year average PE of 19.1x.
- The industry is trading close to its 3-year average PS ratio of 10.3x.
Past Earnings Growth
- The earnings for companies in the Residential REITs industry have declined 30% per year over the last three years,
- Revenues have also declined 2.4% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the U.K. Real Estate industry?
| GB Market | 1.96% | |
| Real Estate | 4.60% | |
| Residential REITs | 4.14% | |
| Single-Family Residential REITs | 2.27% | |
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 | |
|---|---|---|---|---|---|
| UTG Unite Group | UK£9.72 | 4.7% +UK£189.6m | 6.9% | PB1x | |
| ESP Empiric Student Property | UK£0.94 | 4.0% +UK£21.7m | 4.0% | PB0.8x | |
| PRSR PRS REIT | UK£0.81 | 2.3% +UK£9.9m | -6.3% | PB0.7x | |
| SOHO Triple Point Social Housing REIT | UK£0.61 | 0.5% +UK£1.2m | 15.1% | PB0.5x |