Australian (ASX) Retail REITs Industry Analysis
UpdatedMay 28, 2022
DataAggregated Company Financials
Companies12
- 7D1.3%
- 3M-1.7%
- 1Y8.5%
- YTD-7.4%
Over the last 7 days, the Retail REITs industry has dropped 1.0%, driven by Home Consortium declining 2.9%. In the past year, the industry has gained 9.9%. In the next few years, earnings are forecast to decline by 4.6% annually.
Industry Valuation and Performance
Has the Australian Retail REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sat, 28 May 2022 | AU$39.4b | AU$4.9b | AU$4.1b | 9.3x |
| Mon, 25 Apr 2022 | AU$40.7b | AU$4.9b | AU$4.1b | 9.4x |
| Wed, 23 Mar 2022 | AU$42.7b | AU$5.1b | AU$4.7b | 7.9x |
| Fri, 18 Feb 2022 | AU$41.4b | AU$4.8b | AU$3.4b | 8.2x |
| Sun, 16 Jan 2022 | AU$39.9b | AU$4.7b | AU$1.9b | 9.2x |
| Tue, 14 Dec 2021 | AU$41.3b | AU$4.7b | AU$1.9b | 9.3x |
| Thu, 11 Nov 2021 | AU$40.5b | AU$4.7b | AU$1.9b | 9.4x |
| Sat, 09 Oct 2021 | AU$39.8b | AU$4.7b | AU$1.9b | 9x |
| Mon, 06 Sep 2021 | AU$39.7b | AU$4.7b | AU$1.5b | 14.2x |
| Wed, 04 Aug 2021 | AU$35.9b | AU$4.7b | AU$1.5b | 13.3x |
| Sat, 08 May 2021 | AU$35.4b | AU$4.5b | -AU$2,020,431,000.00 | 12.2x |
| Tue, 09 Feb 2021 | AU$34.6b | AU$4.4b | -AU$5,544,136,000.00 | 17.8x |
| Mon, 02 Nov 2020 | AU$28.6b | AU$4.6b | -AU$4,959,885,500.00 | 16.4x |
| Thu, 06 Aug 2020 | AU$27.7b | AU$4.7b | -AU$4,366,872,000.00 | 17.7x |
| Sun, 10 May 2020 | AU$28.0b | AU$4.9b | -AU$1,014,481,000.00 | 10.9x |
| Sat, 01 Feb 2020 | AU$42.6b | AU$5.1b | AU$2.3b | 17x |
| Tue, 05 Nov 2019 | AU$42.8b | AU$5.1b | AU$2.4b | 16.6x |
| Fri, 09 Aug 2019 | AU$42.0b | AU$5.1b | AU$2.6b | 17.4x |
Median PE Ratio
16.3x
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 9.3x which is lower than its 3-year average PE of 14.2x.
- Given that earnings are expected to decline by 4.6%, the lower than average PE seems justified.
Past Earnings Growth
- The earnings for companies in the Retail REITs industry have grown 8.8% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Comparison
How does Australian Retail REITs compare with similar industries?
| AU Market | -1.30% | |
| Real Estate | 0.80% | |
| REITS | 0.93% | |
| Retail REITs | 1.29% | |
| Industrial REITs | 2.23% | |
| Diversified REITs | 0.42% | |
| 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 | |
|---|---|---|---|---|---|
| SCG Scentre Group | AU$2.93 | 2.8% +AU$414.7m | 6.9% | PB0.8x | |
| HDN HomeCo Daily Needs REIT | AU$1.33 | 2.7% +AU$72.4m | 1.9% | PB2.9x | |
| VCX Vicinity Centres | AU$1.88 | 0.5% +AU$45.5m | 19.0% | PB0.8x | |
| CQR Charter Hall Retail REIT | AU$4.25 | 0.5% +AU$11.6m | 13.0% | PB0.9x | |
| SCP Shopping Centres Australasia Property Group | AU$2.97 | 0.3% +AU$11.2m | 19.8% | PB272x |