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Australian (ASX) Office REITs Industry Analysis

UpdatedMay 28, 2022
DataAggregated Company Financials
Companies7
  • 7D-1.1%
  • 3M-3.1%
  • 1Y-1.4%
  • YTD-8.0%

The Office REITs is pretty flat in the last 7 days, but Garda Property Group has stood out, gaining 4.7%. Furthermore, the industry has been flat for the past year as well. Earnings are forecast to grow by 1.9% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Sat, 28 May 2022AU$16.1bAU$2.5bAU$2.0b8.6x
Mon, 25 Apr 2022AU$17.1bAU$2.5bAU$2.0b8.5x
Wed, 23 Mar 2022AU$16.7bAU$2.5bAU$2.0b8.3x
Fri, 18 Feb 2022AU$16.8bAU$2.6bAU$2.1b8.8x
Sun, 16 Jan 2022AU$16.9bAU$2.4bAU$1.6b10.4x
Tue, 14 Dec 2021AU$17.5bAU$2.4bAU$1.6b10.4x
Thu, 11 Nov 2021AU$17.3bAU$2.4bAU$1.6b10.2x
Sat, 09 Oct 2021AU$16.5bAU$2.4bAU$1.6b9.9x
Mon, 06 Sep 2021AU$16.8bAU$2.4bAU$1.6b10x
Wed, 04 Aug 2021AU$16.2bAU$2.4bAU$1.6b9.1x
Sat, 08 May 2021AU$15.8bAU$2.3bAU$1.1b12.7x
Tue, 09 Feb 2021AU$14.4bAU$2.1bAU$592.7m22.7x
Mon, 02 Nov 2020AU$14.1bAU$2.2bAU$898.1m28.3x
Thu, 06 Aug 2020AU$13.9bAU$2.3bAU$1.2b30.7x
Sun, 10 May 2020AU$14.3bAU$2.3bAU$1.6b17.3x
Sat, 01 Feb 2020AU$20.6bAU$2.4bAU$2.0b15.7x
Tue, 05 Nov 2019AU$19.5bAU$2.2bAU$1.8b11.7x
Fri, 09 Aug 2019AU$20.0bAU$2.0bAU$1.6b11.2x
Median PE Ratio

11.7x


Total Market Cap: AU$19.0bTotal Earnings: AU$1.7bTotal Revenue: AU$2.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Office REITs Industry Median PE3Y Average 16x202020212022
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 8.7x which is lower than its 3-year average PE of 16.0x.
Past Earnings Growth
  • The earnings for companies in the Office REITs industry have grown 6.0% per year over the last three years.
  • Revenues for these companies have grown 7.9% 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 Office REITs compare with similar industries?

AU Market-1.30%
Real Estate0.80%
REITS0.93%
Office REITs-1.08%
Industrial REITs2.23%
Retail REITs1.29%
Diversified REITs0.42%
Specialized REITs0.32%
Hotel and Resort REITs0%
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
GDF Garda Property GroupAU$1.574.7%
+AU$15.6m
23.7%PB1x
ECF Elanor Commercial Property FundAU$1.040.5%
+AU$1.6m
-4.6%PB1.1x
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Latest News

DXS

AU$10.50

Dexus

7D

-1.1%

1Y

1.2%