Singaporean (SGX) Industrial REITs Industry Analysis
UpdatedMay 18, 2024
DataAggregated Company Financials
Companies8
- 7D0.7%
- 3M-7.4%
- 1Y-9.8%
- YTD-12.7%
In the last week, Industrial REITs has been flat. Unfortunately though, the industry is down 13% over the past 12 months. As for the next few years, earnings are expected to grow by 23% per annum.
Industry Valuation and Performance
Has the Singaporean Industrial REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 18 May 2024 | S$32.7b | S$4.1b | S$484.7m | 22.4x | 67.4x | 8x |
| Mon, 15 Apr 2024 | S$33.8b | S$4.1b | S$907.8m | 18.5x | 37.2x | 8.3x |
| Wed, 13 Mar 2024 | S$33.9b | S$4.1b | S$918.0m | 18.2x | 36.9x | 8.4x |
| Fri, 09 Feb 2024 | S$34.5b | S$4.1b | S$908.4m | 18.6x | 37.9x | 8.5x |
| Sun, 07 Jan 2024 | S$37.2b | S$4.1b | S$1.6b | 15.1x | 22.7x | 9.1x |
| Tue, 05 Dec 2023 | S$35.6b | S$4.1b | S$1.6b | 14.6x | 21.7x | 8.7x |
| Thu, 02 Nov 2023 | S$32.7b | S$4.1b | S$2.3b | 11.3x | 14.1x | 8x |
| Sat, 30 Sep 2023 | S$35.1b | S$4.1b | S$2.3b | 11.4x | 15x | 8.6x |
| Mon, 28 Aug 2023 | S$35.4b | S$4.1b | S$2.3b | 11.9x | 15.2x | 8.7x |
| Wed, 26 Jul 2023 | S$36.9b | S$4.0b | S$2.1b | 14.1x | 17.4x | 9.2x |
| Fri, 23 Jun 2023 | S$36.2b | S$4.0b | S$2.1b | 12.7x | 17x | 9.1x |
| Sun, 21 May 2023 | S$35.5b | S$4.0b | S$2.1b | 12.7x | 16.6x | 8.9x |
| Tue, 18 Apr 2023 | S$36.9b | S$4.0b | S$2.6b | 12.5x | 13.9x | 9.2x |
Price to Earnings Ratio
13.7x
Current Industry PE
- Investors are optimistic on the Singaporean Industrial REITs industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 66.9x which is higher than its 3-year average PE of 23.1x.
- The industry is trading close to its 3-year average PS ratio of 8.7x.
Past Earnings Growth
- The earnings for companies in the Industrial REITs industry have declined 43% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, 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 Singaporean Real Estate industry?
| SG Market | 0.62% | |
| Real Estate | 0.86% | |
| Industrial REITs | 0.66% | |
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 | |
|---|---|---|---|---|---|
| A17U CapitaLand Ascendas REIT | S$2.65 | 1.9% +S$219.7m | -5.4% | PB1.1x | |
| J91U ESR-LOGOS REIT | S$0.29 | 1.7% +S$41.9m | -9.2% | PB0.8x | |
| ME8U Mapletree Industrial Trust | S$2.22 | 0.5% +S$28.4m | -4.3% | PB1.2x | |
| M44U Mapletree Logistics Trust | S$1.37 | 0% S$10.3m | -17.5% | PB0.9x | |
| DHLU Daiwa House Logistics Trust | S$0.59 | 0.9% +S$3.5m | 5.4% | PB0.7x |