French (CAC) Diversified REITs Industry Analysis
UpdatedMay 16, 2024
DataAggregated Company Financials
Companies13
- 7D3.6%
- 3M8.9%
- 1Y-6.8%
- YTDn/a
In the last week, the Diversified REITs industry is up 3.6%, with Covivio up 3.8%. Meanwhile, Bleecker Société Anonyme actually underperformed within the industry, shrinking 15% in the last week. In contrast, the industry has lost 6.8% in the last 12 months. Earnings are forecast to grow by 117% annually.
Industry Valuation and Performance
Has the French Diversified REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 16 May 2024 | €8.7b | €2.9b | -€2,728,751,812.00 | 13.6x | -3.2x | 3x |
| Sat, 13 Apr 2024 | €8.0b | €2.9b | -€2,728,751,812.00 | 13.8x | -2.9x | 2.7x |
| Mon, 11 Mar 2024 | €7.8b | €3.0b | -€2,698,079,812.00 | 12.8x | -2.9x | 2.7x |
| Wed, 07 Feb 2024 | €8.1b | €3.0b | -€1,382,848,812.00 | 11x | -5.9x | 2.7x |
| Fri, 05 Jan 2024 | €8.9b | €3.0b | -€1,382,848,812.00 | 10.4x | -6.4x | 2.9x |
| Sun, 03 Dec 2023 | €3.9b | €2.2b | -€500,672,812.00 | 9.1x | -7.9x | 1.8x |
| Tue, 31 Oct 2023 | €3.4b | €2.1b | -€462,513,000.00 | 8.2x | -7.4x | 1.6x |
| Thu, 28 Sep 2023 | €3.5b | €2.1b | -€462,513,000.00 | 7.8x | -7.5x | 1.6x |
| Sat, 26 Aug 2023 | €3.7b | €2.1b | -€325,876,000.00 | 7.9x | -11.3x | 1.7x |
| Mon, 24 Jul 2023 | €4.1b | €2.1b | €282.5m | 7.9x | 14.4x | 1.9x |
| Wed, 21 Jun 2023 | €4.2b | €2.1b | €282.5m | 8x | 15x | 2x |
| Fri, 19 May 2023 | €4.2b | €2.1b | €282.5m | 8.4x | 14.8x | 2x |
| Sun, 16 Apr 2023 | €4.6b | €2.1b | €340.1m | 5.8x | 13.6x | 2.2x |
| Tue, 14 Mar 2023 | €4.8b | €2.1b | €341.7m | 5.8x | 14.1x | 2.2x |
| Thu, 09 Feb 2023 | €4.7b | €2.0b | €843.6m | 5.1x | 5.6x | 2.3x |
| Sat, 07 Jan 2023 | €4.5b | €2.0b | €843.6m | 4.8x | 5.4x | 2.2x |
| Mon, 05 Dec 2022 | €4.2b | €2.0b | €843.6m | 4.5x | 5x | 2.1x |
| Wed, 02 Nov 2022 | €4.1b | €2.0b | €827.9m | 5x | 4.9x | 2x |
| Fri, 30 Sep 2022 | €4.0b | €2.0b | €827.9m | 5.1x | 4.8x | 2x |
| Sun, 28 Aug 2022 | €4.6b | €2.0b | €813.9m | 6x | 5.6x | 2.3x |
| Tue, 26 Jul 2022 | €12.0b | €2.7b | €1.7b | 7.6x | 7.1x | 4.5x |
| Thu, 23 Jun 2022 | €12.2b | €2.7b | €1.5b | 8.3x | 8.3x | 4.5x |
| Sat, 21 May 2022 | €13.4b | €2.7b | €1.5b | 8.6x | 9x | 4.9x |
| Mon, 18 Apr 2022 | €14.2b | €2.7b | €1.5b | 8.8x | 9.5x | 5.1x |
| Wed, 16 Mar 2022 | €13.4b | €2.6b | €1.5b | 8.4x | 9x | 5.1x |
| Fri, 11 Feb 2022 | €14.2b | €2.8b | €630.9m | 10.3x | 22.5x | 5.1x |
| Sun, 09 Jan 2022 | €15.2b | €2.7b | €547.8m | 12.7x | 27.7x | 5.5x |
| Tue, 07 Dec 2021 | €14.7b | €2.8b | €587.7m | 9.2x | 25x | 5.3x |
| Thu, 04 Nov 2021 | €15.1b | €2.7b | €586.1m | 9.8x | 25.8x | 5.5x |
| Sat, 02 Oct 2021 | €15.2b | €2.7b | €595.8m | 9.9x | 25.6x | 5.6x |
| Mon, 30 Aug 2021 | €16.6b | €2.7b | €588.1m | 14.6x | 28.2x | 6.1x |
| Tue, 06 Jul 2021 | €16.3b | €2.7b | €588.1m | 14.6x | 27.7x | 5.9x |
Price to Earnings Ratio
34.8x
Current Industry PE
- Investors are pessimistic on the French Diversified REITs industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 3.4x is higher than the industry's current PS ratio of 3.0x.
Past Earnings Growth
- Total earnings for the Diversified REITs industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 3.4% 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 Comparison
How does French Diversified REITs compare with similar industries?
| FR Market | 1.07% | |
| Real Estate | 1.88% | |
| REITS | 3.61% | |
| Diversified REITs | 3.61% | |
| Residential REITs | 5.08% | |
| Hotel and Resort REITs | 2.32% | |
| Office REITs | 1.80% | |
| Retail REITs | 1.25% | |
| Industrial REITs | 1.20% | |
| Specialized REITs | 0% | |
| Healthcare 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 | |
|---|---|---|---|---|---|
| COV Covivio | €50.15 | 3.8% +€183.3m | 5.2% | PB0.6x | |
| ICAD Icade | €28.24 | 6.7% +€134.9m | -28.0% | PB0.4x | |
| PAR Paref | €50.40 | 16.9% +€11.0m | -16.0% | PB0.6x | |
| IMDA Immobiliere Dassault | €49.10 | 1.7% +€5.5m | -8.1% | PB0.6x | |
| PAT Patrimoine et Commerce | €21.00 | 0.5% +€1.5m | 20.3% | PB0.7x |