South African (JSE) Retail REITs Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies8
- 7D0.1%
- 3M-5.1%
- 1Y5.4%
- YTDn/a
All of the companies in the Retail REITs industry have been up over the last week, with the industry up 1.7%. In the last 12 months, the industry was up 5.7%.
Industry Valuation and Performance
Has the South African Retail REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | R59.4b | R19.7b | R9.4b | 4.7x | 6.3x | 3x |
| Fri, 05 Apr 2024 | R59.7b | R19.7b | R9.4b | 4.7x | 6.4x | 3x |
| Sun, 03 Mar 2024 | R60.6b | R17.3b | R9.2b | 5.7x | 6.6x | 3.5x |
| Tue, 30 Jan 2024 | R69.3b | R19.7b | R10.0b | 6.6x | 6.9x | 3.5x |
| Thu, 28 Dec 2023 | R67.5b | R19.7b | R10.0b | 6x | 6.8x | 3.4x |
| Sat, 25 Nov 2023 | R62.1b | R19.5b | R10.1b | 6x | 6.1x | 3.2x |
| Mon, 23 Oct 2023 | R61.6b | R19.4b | R10.5b | 4.7x | 5.8x | 3.2x |
| Wed, 20 Sep 2023 | R66.8b | R19.6b | R11.2b | 4.7x | 6x | 3.4x |
| Fri, 18 Aug 2023 | R66.1b | R19.6b | R11.2b | 4.7x | 5.9x | 3.4x |
| Sun, 16 Jul 2023 | R62.5b | R19.5b | R11.9b | 4.6x | 5.2x | 3.2x |
| Tue, 13 Jun 2023 | R62.7b | R19.0b | R12.0b | 4.8x | 5.2x | 3.3x |
| Thu, 11 May 2023 | R63.8b | R17.8b | R10.5b | 5.5x | 6x | 3.6x |
| Sat, 08 Apr 2023 | R57.3b | R17.8b | R10.5b | 4.9x | 5.4x | 3.2x |
| Mon, 06 Mar 2023 | R61.3b | R16.3b | R10.7b | 5x | 5.7x | 3.8x |
| Wed, 01 Feb 2023 | R61.1b | R16.3b | R10.6b | 5.2x | 5.8x | 3.8x |
| Fri, 30 Dec 2022 | R61.4b | R16.3b | R10.6b | 5.2x | 5.8x | 3.8x |
| Sun, 27 Nov 2022 | R63.0b | R16.2b | R10.2b | 6.4x | 6.2x | 3.9x |
| Tue, 25 Oct 2022 | R61.0b | R16.7b | R9.1b | 8.1x | 6.7x | 3.7x |
| Thu, 22 Sep 2022 | R61.1b | R16.4b | R7.9b | 8.9x | 7.7x | 3.7x |
| Sat, 20 Aug 2022 | R64.6b | R16.4b | R7.9b | 9.3x | 8.1x | 3.9x |
| Mon, 18 Jul 2022 | R61.1b | R15.1b | R7.4b | 9x | 8.2x | 4.1x |
| Wed, 15 Jun 2022 | R56.9b | R13.7b | R6.4b | 8.6x | 8.9x | 4.1x |
| Fri, 13 May 2022 | R58.1b | R13.6b | R5.6b | 10.7x | 10.4x | 4.3x |
| Sun, 10 Apr 2022 | R56.5b | R12.3b | R5.1b | 9.4x | 11x | 4.6x |
| Tue, 08 Mar 2022 | R61.3b | R11.3b | R2.0b | 11.2x | 29.9x | 5.4x |
| Thu, 03 Feb 2022 | R57.9b | R10.7b | R1.6b | 9.4x | 37.3x | 5.4x |
| Sat, 01 Jan 2022 | R58.3b | R10.7b | R1.6b | 9.4x | 37.5x | 5.4x |
| Mon, 29 Nov 2021 | R53.2b | R10.4b | R503.2m | 16x | 105.8x | 5.1x |
| Wed, 27 Oct 2021 | R52.9b | R10.1b | R278.0m | 16.9x | 190.1x | 5.2x |
| Fri, 24 Sep 2021 | R53.9b | R10.1b | R278.0m | 17.3x | 193.9x | 5.3x |
| Sun, 22 Aug 2021 | R50.3b | R10.2b | -R2,281,703,833.00 | 16.3x | -22.1x | 4.9x |
| Fri, 09 Jul 2021 | R49.3b | R10.2b | -R2,281,703,833.00 | 16.3x | -21.6x | 4.8x |
Price to Earnings Ratio
-8.2x
Current Industry PE
- Investors are pessimistic on the South African 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 6.4x which is lower than its 3-year average PE of 20.9x.
- The 3-year average PS ratio of 4.1x is higher than the industry's current PS ratio of 3.0x.
Past Earnings Growth
- Total earnings for the Retail REITs industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 24% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does South African Retail REITs compare with similar industries?
| ZA Market | 1.41% | |
| Real Estate | -0.85% | |
| REITS | -0.69% | |
| Retail REITs | 0.13% | |
| Hotel and Resort REITs | 19.60% | |
| Office REITs | 0.56% | |
| Residential REITs | 0% | |
| Specialized REITs | 0% | |
| Healthcare REITs | 0% | |
| Diversified REITs | -0.69% | |
| Industrial REITs | -4.84% | |
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 | |
|---|---|---|---|---|---|
| RES Resilient REIT | R44.82 | 1.3% +R193.9m | 0.8% | PB0.7x | |
| APF Accelerate Property Fund | R0.60 | 7.1% +R51.8m | -35.5% | PB0.1x | |
| SAR Safari Investments RSA | R5.24 | 0.4% +R5.1m | -6.4% | PB0.6x |