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Australian (ASX) Retail REITs Industry Analysis

UpdatedJun 23, 2024
DataAggregated Company Financials
Companies10
  • 7D1.6%
  • 3M-5.9%
  • 1Y14.2%
  • YTDn/a

Over the last 7 days, the Retail REITs industry has risen 1.6%, driven by gains from every company within the industry. This takes the industry's 12 month performance to a gain of 14%. As for the next few years, earnings are expected to grow by 25% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 23 Jun 2024AU$39.7bAU$5.2bAU$245.6m49x161.8x7.6x
Tue, 21 May 2024AU$40.1bAU$5.3bAU$215.0m44.4x186.7x7.6x
Thu, 18 Apr 2024AU$38.8bAU$5.3bAU$215.0m39.1x180.5x7.4x
Sat, 16 Mar 2024AU$41.8bAU$5.3bAU$215.0m46.1x194.2x7.9x
Mon, 12 Feb 2024AU$40.3bAU$5.3bAU$294.1m38.5x137.2x7.6x
Wed, 10 Jan 2024AU$38.4bAU$5.3bAU$299.5m34.7x128.3x7.2x
Fri, 08 Dec 2023AU$36.9bAU$5.3bAU$299.5m33.3x123.3x6.9x
Sun, 05 Nov 2023AU$34.3bAU$5.3bAU$299.5m30.1x114.6x6.5x
Tue, 03 Oct 2023AU$33.4bAU$5.3bAU$299.5m28.7x111.5x6.3x
Thu, 31 Aug 2023AU$36.6bAU$5.3bAU$299.5m33x122.1x6.9x
Sat, 29 Jul 2023AU$37.9bAU$5.4bAU$2.3b12.1x16.5x7.1x
Mon, 26 Jun 2023AU$34.7bAU$5.4bAU$2.3b11x15.1x6.5x
Wed, 24 May 2023AU$37.8bAU$5.4bAU$2.3b12.2x16.5x7x
Fri, 21 Apr 2023AU$37.7bAU$5.4bAU$2.3b12.4x16.5x7x
Sun, 19 Mar 2023AU$68.7mAU$17.4mAU$3.8m18.2x18.2x3.9x
Tue, 14 Feb 2023AU$38.9bAU$5.3bAU$4.5b7.7x8.6x7.4x
Thu, 12 Jan 2023AU$39.1bAU$5.3bAU$4.8b6.9x8.2x7.4x
Sat, 10 Dec 2022AU$38.9bAU$5.3bAU$4.8b6.8x8.1x7.4x
Mon, 07 Nov 2022AU$38.3bAU$5.3bAU$4.8b6.6x8x7.3x
Wed, 05 Oct 2022AU$36.3bAU$5.3bAU$4.8b7x7.6x6.9x
Fri, 02 Sep 2022AU$38.7bAU$5.2bAU$4.7b7.6x8.2x7.4x
Sun, 31 Jul 2022AU$40.4bAU$4.9bAU$4.1b9.7x9.9x8.2x
Tue, 28 Jun 2022AU$37.6bAU$4.9bAU$4.1b9.2x9.3x7.6x
Thu, 26 May 2022AU$39.2bAU$4.9bAU$4.1b9.3x9.6x7.9x
Sat, 23 Apr 2022AU$40.7bAU$4.9bAU$4.1b9.4x10x8.3x
Mon, 21 Mar 2022AU$42.7bAU$5.1bAU$4.7b7.9x9.2x8.4x
Wed, 16 Feb 2022AU$39.0bAU$4.8bAU$2.4b7.9x16.3x8.2x
Fri, 14 Jan 2022AU$40.4bAU$4.7bAU$1.9b9.2x21.8x8.6x
Sun, 12 Dec 2021AU$40.8bAU$4.7bAU$1.9b9.4x22x8.7x
Tue, 09 Nov 2021AU$41.4bAU$4.7bAU$1.9b9.4x22.3x8.8x
Thu, 07 Oct 2021AU$39.5bAU$4.7bAU$1.9b8.9x21.3x8.4x
Sat, 04 Sep 2021AU$39.5bAU$4.7bAU$1.5b14.1x25.7x8.4x
Mon, 02 Aug 2021AU$35.9bAU$4.7bAU$1.5b13.4x23.4x7.6x
Price to Earnings Ratio

23.6x


Total Market Cap: AU$36.2bTotal Earnings: AU$1.5bTotal Revenue: AU$4.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Retail REITs Industry Price to Earnings3Y Average 54.7x202220232024
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 162x which is higher than its 3-year average PE of 54.7x.
  • The industry is trading close to its 3-year average PS ratio of 7.5x.
Past Earnings Growth
  • The earnings for companies in the Retail REITs industry have declined 46% per year over the last three years.
  • Meanwhile revenues for these companies have grown 3.7% 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 Market0.80%
Real Estate0.77%
REITS1.30%
Retail REITs1.57%
Hotel and Resort REITs7.43%
Specialized REITs4.11%
Healthcare REITs1.32%
Diversified REITs1.30%
Office REITs1.06%
Industrial REITs0.33%
Residential REITs-0.85%
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?

CompanyLast Price7D1YValuation
SCG Scentre GroupAU$3.192.2%
+AU$363.2m
27.6%PB0.9x
VCX Vicinity CentresAU$1.891.3%
+AU$113.8m
5.3%PB0.8x
RGN Region GroupAU$2.241.8%
+AU$46.5m
0.4%PB0.9x
CQR Charter Hall Retail REITAU$3.352.1%
+AU$40.7m
-6.2%PB0.7x
BWP BWP TrustAU$3.630.8%
+AU$20.8m
2.3%PB1x
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Latest News

SCG

AU$3.19

Scentre Group

7D

2.2%

1Y

27.6%

WPR

AU$2.33

Waypoint REIT

7D

0.4%

1Y

-11.4%

RGN

AU$2.24

Region Group

7D

1.8%

1Y

0.4%

CQR

AU$3.35

Charter Hall Retail REIT

7D

2.1%

1Y

-6.2%

HMC

AU$7.42

HMC Capital

7D

0.4%

1Y

55.6%

VCX

AU$1.89

Vicinity Centres

7D

1.3%

1Y

5.3%

BWP

AU$3.63

BWP Trust

7D

0.8%

1Y

2.3%

CDP

AU$4.39

Carindale Property Trust

7D

2.1%

1Y

5.0%