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South African (JSE) Diversified REITs Industry Analysis

UpdatedMay 03, 2024
DataAggregated Company Financials
Companies12
  • 7D4.0%
  • 3M-4.8%
  • 1Y-0.7%
  • YTDn/a

Over the last 7 days, the Diversified REITs industry has risen 4.0%, driven by gains in Redefine Properties and Growthpoint Properties of 6.9% and 4.7%, respectively. Overall in the last year, the industry is flat.

Industry Valuation and Performance

Has the South African Diversified REITs Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 03 May 2024R103.8bR38.8bR7.7b8.9x13.5x2.7x
Sun, 31 Mar 2024R104.7bR38.8bR7.5b9.3x13.9x2.7x
Tue, 27 Feb 2024R107.4bR38.0bR8.6b9.3x12.5x2.8x
Thu, 25 Jan 2024R131.8bR42.2bR9.4b9.7x14x3.1x
Sat, 23 Dec 2023R129.5bR42.2bR9.4b8.9x13.8x3.1x
Mon, 20 Nov 2023R120.7bR41.9bR10.4b8.7x11.6x2.9x
Wed, 18 Oct 2023R120.3bR41.4bR16.6b9.2x7.2x2.9x
Fri, 15 Sep 2023R123.6bR40.8bR16.5b9x7.5x3x
Sun, 13 Aug 2023R131.5bR40.5bR20.3b9x6.5x3.2x
Tue, 11 Jul 2023R123.0bR40.5bR20.3b8.5x6x3x
Thu, 08 Jun 2023R125.7bR40.5bR20.5b8.4x6.1x3.1x
Sat, 06 May 2023R132.0bR39.2bR23.2b6.9x5.7x3.4x
Mon, 03 Apr 2023R128.7bR38.8bR22.7b7.7x5.7x3.3x
Wed, 01 Mar 2023R149.1bR43.3bR25.7b6.9x5.8x3.4x
Fri, 27 Jan 2023R152.7bR43.1bR25.4b7.1x6x3.5x
Sun, 25 Dec 2022R156.5bR43.1bR25.3b7.4x6.2x3.6x
Tue, 22 Nov 2022R152.8bR42.2bR26.1b6.7x5.8x3.6x
Thu, 20 Oct 2022R147.0bR41.3bR20.6b7.8x7.1x3.6x
Sat, 17 Sep 2022R149.0bR41.0bR17.0b9.1x8.8x3.6x
Mon, 15 Aug 2022R155.2bR40.7bR19.8b8.1x7.8x3.8x
Wed, 13 Jul 2022R145.1bR40.7bR19.8b7.5x7.3x3.6x
Fri, 10 Jun 2022R152.1bR40.7bR19.2b7.8x7.9x3.7x
Sun, 08 May 2022R160.0bR40.9bR17.9b8.6x8.9x3.9x
Tue, 05 Apr 2022R167.5bR40.8bR17.1b9.2x9.8x4.1x
Thu, 03 Mar 2022R160.7bR42.4bR10.3b8.6x15.6x3.8x
Sat, 29 Jan 2022R163.4bR44.3bR10.1b10.8x16.2x3.7x
Mon, 27 Dec 2021R161.5bR42.3bR9.9b9.5x16.3x3.8x
Wed, 24 Nov 2021R154.8bR42.2bR8.8b9.6x17.6x3.7x
Fri, 22 Oct 2021R151.2bR42.0b-R5,838,448,011.0011.9x-25.9x3.6x
Sun, 19 Sep 2021R156.5bR41.9b-R7,572,175,555.0023.4x-20.7x3.7x
Tue, 17 Aug 2021R156.8bR41.8b-R23,066,530,804.4715.1x-6.8x3.8x
Tue, 01 Jun 2021R150.4bR41.0b-R29,544,305,804.4719.9x-5.1x3.7x
Price to Earnings Ratio

-5.1x


Total Market Cap: R152.1bTotal Earnings: -R29,544,305,804.47Total Revenue: R41.0bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Diversified REITs Industry Price to Earnings3Y Average 5.9x202220232024
Current Industry PE
  • Investors are optimistic on the South African Diversified REITs industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 13.5x which is higher than its 3-year average PE of 5.9x.
  • The 3-year average PS ratio of 3.4x is higher than the industry's current PS ratio of 2.7x.
Past Earnings Growth
  • Total earnings for the Diversified REITs industry have gone up over the last three years, and the industry is now profitable.
  • Revenues have remained mostly flat. This means that the industry has become more efficient since profits are increasing while sales have been flat.

Industry Comparison

How does South African Diversified REITs compare with similar industries?

ZA Market3.08%
Real Estate2.92%
REITS4.04%
Diversified REITs4.04%
Hotel and Resort REITs20.00%
Industrial REITs4.31%
Retail REITs3.61%
Residential REITs0%
Specialized REITs0%
Healthcare REITs0%
Office REITs-4.81%
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?

CompanyLast Price7D1YValuation
RDF Redefine PropertiesR4.075.7%
+R1.5b		6.8%PB0.5x
GRT Growthpoint PropertiesR10.993.2%
+R1.2b		-11.7%PB0.5x
SAC SA Real EstateR2.602.8%
+R174.2m		39.8%PB0.6x
OCT Octodec InvestmentsR9.862.7%
+R69.2m		0.1%PB0.4x
SEA Spear ReitR7.770.8%
+R13.4m		7.9%PB0.7x
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Latest News

SEA

R7.77

Spear Reit

7D

0.8%

1Y

7.9%

FTA

R15.00

Fairvest

7D

-1.6%

1Y

9.9%

OAS

R20.25

Oasis Crescent Property Fund

7D

-2.4%

1Y

3.8%

SAC

R2.60

SA Real Estate

7D

2.8%

1Y

39.8%

EMI

R9.47

Emira Property Fund

7D

-1.4%

1Y

-5.9%

GRT

R10.99

Growthpoint Properties

7D

3.2%

1Y

-11.7%

ATT

R10.07

Attacq

7D

-0.2%

1Y

16.0%

BTN

R6.80

Burstone Group

7D

-1.0%

1Y

-23.6%

RDF

R4.07

Redefine Properties

7D

5.7%

1Y

6.8%

OCT

R9.86

Octodec Investments

7D

2.7%

1Y

0.1%