Australian (ASX) Retail REITs Industry Analysis
UpdatedMay 29, 2023
DataAggregated Company Financials
Companies12
- 7D-0.1%
- 3M-5.2%
- 1Y-6.2%
- YTD-2.9%
Over the last 7 days, the Retail REITs industry has dropped 2.6%, driven by a pullback from Vicinity Centres of 2.5%. The industry has fallen 7.0% in the last year. Looking forward, earnings are forecast to grow by 12% annually.
Industry Valuation and Performance
Has the Australian Retail REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|
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Current Industry PE
- Investors are optimistic on the Australian Retail REITs industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 16.1x which is higher than its 3-year average PE of 5.4x.
- The industry is trading close to its 3-year average PS ratio of 7.5x.
Past Earnings Growth
- Total earnings for the Retail REITs industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 3.1% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Australian Retail REITs compare with similar industries?
| AU Market | -0.72% | |
| Real Estate | 0.34% | |
| REITS | 0.72% | |
| Retail REITs | -0.13% | |
| Healthcare REITs | 4.81% | |
| Specialized REITs | 2.73% | |
| Office REITs | 1.52% | |
| Diversified REITs | 0.73% | |
| Hotel and Resort REITs | 0.58% | |
| Industrial REITs | 0.27% | |
| Residential REITs | -0.36% | |
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 | |
|---|---|---|---|---|---|
| RGN Region Group | AU$2.52 | 2.0% +AU$56.6m | -15.7% | PB1x | |
| SCG Scentre Group | AU$2.80 | 0.4% +AU$51.8m | -4.8% | PB0.8x | |
| HDN HomeCo Daily Needs REIT | AU$1.23 | 1.2% +AU$33.9m | -10.3% | PB0.8x | |
| HMC HMC Capital | AU$4.42 | 1.6% +AU$24.3m | -21.8% | PB1.8x | |
| WPR Waypoint REIT | AU$2.68 | 0.8% +AU$13.9m | 7.2% | PB211.8x |