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?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sat, 28 May 2022 | AU$45.4b | AU$9.2b | AU$7.3b | 5.4x |
| Mon, 25 Apr 2022 | AU$50.4b | AU$9.2b | AU$7.3b | 6.1x |
| Wed, 23 Mar 2022 | AU$50.0b | AU$9.2b | AU$7.3b | 5.7x |
| Fri, 18 Feb 2022 | AU$50.5b | AU$8.5b | AU$6.3b | 8.7x |
| Sun, 16 Jan 2022 | AU$53.6b | AU$7.9b | AU$5.2b | 9.4x |
| Tue, 14 Dec 2021 | AU$55.2b | AU$7.9b | AU$5.2b | 9.5x |
| Thu, 11 Nov 2021 | AU$54.0b | AU$7.9b | AU$5.2b | 9.5x |
| Sat, 09 Oct 2021 | AU$51.9b | AU$7.9b | AU$5.2b | 9.3x |
| Mon, 06 Sep 2021 | AU$54.3b | AU$7.9b | AU$5.2b | 9.5x |
| Wed, 04 Aug 2021 | AU$50.3b | AU$7.9b | AU$5.2b | 8.9x |
| Sat, 08 May 2021 | AU$48.0b | AU$7.6b | AU$3.1b | 17.4x |
| Tue, 09 Feb 2021 | AU$44.3b | AU$7.3b | AU$908.3m | 20.8x |
| Mon, 02 Nov 2020 | AU$40.1b | AU$7.5b | AU$1.2b | 17x |
| Thu, 06 Aug 2020 | AU$36.5b | AU$7.7b | AU$1.4b | 18.5x |
| Sun, 10 May 2020 | AU$35.2b | AU$7.8b | AU$2.5b | 17.8x |
| Sat, 01 Feb 2020 | AU$53.4b | AU$8.0b | AU$3.5b | 15.6x |
| Tue, 05 Nov 2019 | AU$50.5b | AU$7.6b | AU$3.4b | 15x |
| Fri, 09 Aug 2019 | AU$49.8b | AU$7.3b | AU$3.3b | 13.3x |
Median PE Ratio
16.7x
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 Estate | 0.80% | |
| REITS | 0.93% | |
| Diversified REITs | 0.42% | |
| Industrial REITs | 2.23% | |
| Retail REITs | 1.29% | |
| Specialized REITs | 0.32% | |
| Hotel and Resort REITs | 0% | |
| 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MGR Mirvac Group | AU$2.23 | 3.7% +AU$315.5m | -20.6% | PB0.8x | |
| GOZ Growthpoint Properties Australia | AU$3.86 | 1.6% +AU$46.3m | 0.8% | PB0.8x | |
| WOT Wotso Property | AU$1.31 | 4.4% +AU$9.0m | -3.3% | PB0.9x | |
| APZ Aspen Group | AU$1.59 | 2.6% +AU$5.6m | 24.2% | PB1x | |
| REP RAM Essential Services Property Fund | AU$0.89 | 0.6% +AU$2.6m | n/a | n/a |