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Australian (ASX) Office REITs Industry Analysis
UpdatedJan 20, 2025
DataAggregated Company Financials
Companies7
- 7D1.1%
- 3M-9.3%
- 1Y-5.0%
- YTD1.1%
Over the last 7 days, the Office REITs industry has risen 1.1%, driven by gains from DEXUS of 1.5%. In the past year, the industry is down 5.0%. As for the next few years, earnings are expected to grow by 54% per annum.
Industry Valuation and Performance
Has the Australian Office REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 20 Jan 2025 | AU$10.7b | AU$1.0b | -AU$2,360,952,000.00 | 118.7x | -4.5x | 10.2x |
| Wed, 18 Dec 2024 | AU$10.6b | AU$1.0b | -AU$2,360,952,000.00 | 120.8x | -4.5x | 10.1x |
| Fri, 15 Nov 2024 | AU$11.1b | AU$1.0b | -AU$2,360,952,000.00 | 120.8x | -4.7x | 10.6x |
| Sun, 13 Oct 2024 | AU$11.8b | AU$1.0b | -AU$2,360,952,000.00 | 132.1x | -5x | 11.2x |
| Tue, 10 Sep 2024 | AU$11.7b | AU$1.1b | -AU$2,359,455,000.00 | 128x | -4.9x | 11.1x |
| Thu, 08 Aug 2024 | AU$11.1b | AU$1.1b | -AU$2,510,572,000.00 | 106.5x | -4.4x | 10.2x |
| Sat, 06 Jul 2024 | AU$10.3b | AU$1.1b | -AU$2,510,572,000.00 | 99.5x | -4.1x | 9.5x |
| Mon, 03 Jun 2024 | AU$10.9b | AU$1.1b | -AU$2,510,572,000.00 | 105.7x | -4.4x | 10.1x |
| Wed, 01 May 2024 | AU$11.4b | AU$1.1b | -AU$2,549,377,000.00 | 105.7x | -4.5x | 10.2x |
| Fri, 29 Mar 2024 | AU$12.6b | AU$1.6b | -AU$2,549,377,000.00 | 108.3x | -4.9x | 7.9x |
| Sun, 25 Feb 2024 | AU$11.6b | AU$1.6b | -AU$2,298,972,000.00 | 107.4x | -5.1x | 7.2x |
| Tue, 23 Jan 2024 | AU$11.6b | AU$1.7b | -AU$1,567,021,000.00 | 277.6x | -7.4x | 6.9x |
| Thu, 21 Dec 2023 | AU$12.3b | AU$1.7b | -AU$1,567,021,000.00 | 275.4x | -7.9x | 7.3x |
| Sat, 18 Nov 2023 | AU$11.4b | AU$1.7b | -AU$1,567,021,000.00 | 249.2x | -7.3x | 6.7x |
| Mon, 16 Oct 2023 | AU$11.1b | AU$1.7b | -AU$1,567,021,000.00 | 225.1x | -7.1x | 6.6x |
| Wed, 13 Sep 2023 | AU$12.0b | AU$1.7b | -AU$1,567,021,000.00 | 268.9x | -7.6x | 7.1x |
| Fri, 11 Aug 2023 | AU$13.1b | AU$2.5b | AU$1.1b | 20.1x | 11.7x | 5.3x |
| Sun, 09 Jul 2023 | AU$11.8b | AU$2.1b | AU$909.4m | 19.9x | 12.9x | 5.5x |
| Tue, 06 Jun 2023 | AU$12.3b | AU$2.1b | AU$909.4m | 20.6x | 13.6x | 5.8x |
| Thu, 04 May 2023 | AU$11.6b | AU$2.1b | AU$909.4m | 20.7x | 12.7x | 5.5x |
| Sat, 01 Apr 2023 | AU$11.5b | AU$2.1b | AU$909.4m | 20.8x | 12.7x | 5.4x |
Price to Earnings Ratio
12.7x
Current Industry PE
- Investors are optimistic on the Australian Office REITs industry, and appear confident in long term growth rates.
- The 3-year average PS ratio of 8.2x is lower than the industry's current PS ratio of 10.2x.
Past Earnings Growth
- Total earnings for the Office REITs industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 21% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Australian Real Estate industry?
| AU Market | 0.10% | |
| Real Estate | 1.47% | |
| Office REITs | 1.14% | |
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 | |
|---|---|---|---|---|---|
| DXS DEXUS | AU$6.77 | 3.4% +AU$236.0m | -8.5% | PB0.7x | |
| ABG Abacus Group | AU$1.15 | 5.5% +AU$53.6m | 9.5% | PB0.6x | |
| COF Centuria Office REIT | AU$1.14 | 1.8% +AU$11.9m | -11.6% | PB0.6x | |
| GDI GDI Property Group | AU$0.58 | 3.5% +AU$10.7m | -7.9% | PB14.2x |