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Australian (ASX) Retail REITs Industry Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies9
- 7D-0.1%
- 3M-9.1%
- 1Y5.9%
- YTDn/a
In the last week, Retail REITs has been flat. As for the the longer term, the industry is up 5.9% over the past 12 months. Earnings are forecast to grow by 17% 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 |
|---|---|---|---|---|---|---|
| Sat, 21 Dec 2024 | AU$38.7b | AU$5.4b | AU$1.3b | 41.4x | 30.6x | 7.2x |
| Mon, 18 Nov 2024 | AU$39.9b | AU$5.4b | AU$1.3b | 42.3x | 31.5x | 7.4x |
| Wed, 16 Oct 2024 | AU$41.6b | AU$5.4b | AU$1.3b | 43.8x | 32.9x | 7.8x |
| Fri, 13 Sep 2024 | AU$45.2b | AU$5.5b | AU$1.3b | 45x | 34x | 8.3x |
| Sun, 11 Aug 2024 | AU$42.4b | AU$5.2b | AU$245.6m | 53.4x | 172.6x | 8.1x |
| Tue, 09 Jul 2024 | AU$39.1b | AU$5.2b | AU$245.6m | 49.8x | 159.4x | 7.5x |
| Thu, 06 Jun 2024 | AU$40.0b | AU$5.2b | AU$245.6m | 49.3x | 162.9x | 7.6x |
| Sat, 04 May 2024 | AU$39.3b | AU$5.3b | AU$215.0m | 41x | 182.8x | 7.4x |
| Mon, 01 Apr 2024 | AU$42.6b | AU$5.3b | AU$215.0m | 45.4x | 197.9x | 8.1x |
| Wed, 28 Feb 2024 | AU$39.0b | AU$5.3b | AU$215.0m | 43.4x | 181.5x | 7.4x |
| Fri, 26 Jan 2024 | AU$37.8b | AU$5.3b | AU$299.5m | 35.7x | 126.1x | 7.1x |
| Sun, 24 Dec 2023 | AU$38.6b | AU$5.3b | AU$299.5m | 36x | 128.9x | 7.3x |
| Tue, 21 Nov 2023 | AU$35.2b | AU$5.3b | AU$299.5m | 31.1x | 117.6x | 6.6x |
| Thu, 19 Oct 2023 | AU$34.4b | AU$5.3b | AU$299.5m | 29.8x | 114.8x | 6.5x |
| Sat, 16 Sep 2023 | AU$35.5b | AU$5.3b | AU$299.5m | 32.5x | 118.5x | 6.7x |
| Mon, 14 Aug 2023 | AU$36.7b | AU$5.4b | AU$2.0b | 12.8x | 18.3x | 6.8x |
| Wed, 12 Jul 2023 | AU$35.9b | AU$5.4b | AU$2.3b | 11.3x | 15.7x | 6.7x |
| Fri, 09 Jun 2023 | AU$36.0b | AU$5.4b | AU$2.3b | 11.4x | 15.7x | 6.7x |
| Sun, 07 May 2023 | AU$38.6b | AU$5.4b | AU$2.3b | 12.7x | 16.9x | 7.2x |
| Tue, 04 Apr 2023 | AU$37.3b | AU$5.4b | AU$2.3b | 12.3x | 16.3x | 6.9x |
| Thu, 02 Mar 2023 | AU$38.9b | AU$5.4b | AU$2.3b | 12.5x | 17x | 7.2x |
| Sat, 28 Jan 2023 | AU$40.6b | AU$5.3b | AU$4.8b | 7.1x | 8.5x | 7.7x |
| Mon, 26 Dec 2022 | AU$39.1b | AU$5.3b | AU$4.8b | 7x | 8.2x | 7.4x |
| Wed, 23 Nov 2022 | AU$39.1b | AU$5.3b | AU$4.8b | 6.8x | 8.2x | 7.4x |
| Fri, 21 Oct 2022 | AU$35.8b | AU$5.3b | AU$4.8b | 6.2x | 7.5x | 6.8x |
| Sun, 18 Sep 2022 | AU$37.3b | AU$5.3b | AU$4.8b | 7.2x | 7.8x | 7.1x |
| Tue, 16 Aug 2022 | AU$40.0b | AU$4.9b | AU$4.1b | 9.7x | 9.8x | 8.1x |
| Thu, 14 Jul 2022 | AU$38.0b | AU$4.9b | AU$4.1b | 9.2x | 9.3x | 7.7x |
| Sat, 11 Jun 2022 | AU$36.5b | AU$4.9b | AU$4.1b | 9x | 9x | 7.4x |
| Mon, 09 May 2022 | AU$38.9b | AU$4.9b | AU$4.1b | 9.2x | 9.6x | 7.9x |
| Wed, 06 Apr 2022 | AU$43.3b | AU$5.1b | AU$4.7b | 8x | 9.3x | 8.5x |
| Fri, 04 Mar 2022 | AU$39.9b | AU$5.1b | AU$4.7b | 7.7x | 8.6x | 7.8x |
| Sun, 30 Jan 2022 | AU$37.8b | AU$4.7b | AU$1.9b | 8.8x | 20.3x | 8x |
| Tue, 28 Dec 2021 | AU$41.1b | AU$4.7b | AU$1.9b | 9.5x | 22.1x | 8.7x |
Price to Earnings Ratio
22.1x
Current Industry PE
- Investors are pessimistic on the Australian Retail REITs 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 30.6x which is lower than its 3-year average PE of 62.6x.
- The industry is trading close to its 3-year average PS ratio of 7.4x.
Past Earnings Growth
- The earnings for companies in the Retail REITs industry have declined 12% per year over the last three years.
- Meanwhile revenues for these companies have grown 4.4% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Australian Retail REITs compare with similar industries?
| AU Market | -2.74% | |
| Real Estate | -1.70% | |
| REITS | -2.23% | |
| Retail REITs | -0.14% | |
| Specialized REITs | 0.87% | |
| Residential REITs | 0.22% | |
| Hotel and Resort REITs | 0% | |
| Office REITs | -0.98% | |
| Diversified REITs | -2.23% | |
| Industrial REITs | -2.27% | |
| Healthcare REITs | -2.91% | |
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 | |
|---|---|---|---|---|---|
| VCX Vicinity Centres | AU$2.07 | 2.0% +AU$182.1m | 3.0% | PB0.9x | |
| BWP BWP Trust | AU$3.37 | 1.2% +AU$28.5m | -5.3% | PB0.9x | |
| WPR Waypoint REIT | AU$2.38 | 0.8% +AU$13.4m | -3.3% | PB170.1x | |
| RGN Region Group | AU$2.13 | 0.5% +AU$11.6m | -5.8% | PB0.9x | |
| DXC Dexus Convenience Retail REIT | AU$2.95 | 2.4% +AU$9.6m | 10.9% | PB1.9x |