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Australian (ASX) Diversified REITs Industry Analysis

UpdatedMay 28, 2022
DataAggregated Company Financials
Companies13
  • 7D0.4%
  • 3M-9.7%
  • 1Y-9.3%
  • YTD-20.8%

Over the last 7 days, the Diversified REITs industry has remained flat, although notably Mirvac Group gained 3.7%. Unfortunately though, the industry is down 8.6% over the past 12 months. As for the next few years, earnings are forecast to decline by 6.5% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Sat, 28 May 2022AU$45.4bAU$9.2bAU$7.3b5.4x
Mon, 25 Apr 2022AU$50.4bAU$9.2bAU$7.3b6.1x
Wed, 23 Mar 2022AU$50.0bAU$9.2bAU$7.3b5.7x
Fri, 18 Feb 2022AU$50.5bAU$8.5bAU$6.3b8.7x
Sun, 16 Jan 2022AU$53.6bAU$7.9bAU$5.2b9.4x
Tue, 14 Dec 2021AU$55.2bAU$7.9bAU$5.2b9.5x
Thu, 11 Nov 2021AU$54.0bAU$7.9bAU$5.2b9.5x
Sat, 09 Oct 2021AU$51.9bAU$7.9bAU$5.2b9.3x
Mon, 06 Sep 2021AU$54.3bAU$7.9bAU$5.2b9.5x
Wed, 04 Aug 2021AU$50.3bAU$7.9bAU$5.2b8.9x
Sat, 08 May 2021AU$48.0bAU$7.6bAU$3.1b17.4x
Tue, 09 Feb 2021AU$44.3bAU$7.3bAU$908.3m20.8x
Mon, 02 Nov 2020AU$40.1bAU$7.5bAU$1.2b17x
Thu, 06 Aug 2020AU$36.5bAU$7.7bAU$1.4b18.5x
Sun, 10 May 2020AU$35.2bAU$7.8bAU$2.5b17.8x
Sat, 01 Feb 2020AU$53.4bAU$8.0bAU$3.5b15.6x
Tue, 05 Nov 2019AU$50.5bAU$7.6bAU$3.4b15x
Fri, 09 Aug 2019AU$49.8bAU$7.3bAU$3.3b13.3x
Median PE Ratio

16.7x


Total Market Cap: AU$45.3bTotal Earnings: AU$3.8bTotal Revenue: AU$7.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Diversified REITs Industry Median PE3Y Average 14.3x202020212022
Current Industry PE
  • Investors are more pessimistic on the 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 5.3x which is lower than its 3-year average PE of 14.3x.
  • Given that earnings are expected to decline by 6.5%, the lower than average PE seems justified.
Past Earnings Growth
  • The earnings for companies in the Diversified REITs industry have grown 24% per year over the last three years.
  • Revenues for these companies have grown 7.4% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Australian Diversified REITs compare with similar industries?

AU Market-1.30%
Real Estate0.80%
REITS0.93%
Diversified REITs0.42%
Industrial REITs2.23%
Retail REITs1.29%
Specialized REITs0.32%
Hotel and Resort REITs0%
Office REITs-1.08%
Residential REITs-1.13%
Healthcare REITs-1.50%
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
MGR Mirvac GroupAU$2.233.7%
+AU$315.5m
-20.6%PB0.8x
GOZ Growthpoint Properties AustraliaAU$3.861.6%
+AU$46.3m
0.8%PB0.8x
WOT Wotso PropertyAU$1.314.4%
+AU$9.0m
-3.3%PB0.9x
APZ Aspen GroupAU$1.592.6%
+AU$5.6m
24.2%PB1x
REP RAM Essential Services Property FundAU$0.890.6%
+AU$2.6m
n/an/a
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SGP

AU$3.91

Stockland

7D

-0.3%

1Y

-16.1%