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Australian (ASX) Retail REITs Industry Analysis

UpdatedMar 26, 2024
DataAggregated Company Financials
Companies11
  • 7D2.5%
  • 3M9.4%
  • 1Y14.2%
  • YTDn/a

In the last week, the Retail REITs industry is up 2.5%, with all of the companies up. This takes the industry's 12 month performance to a gain of 14%. Looking forward, earnings are forecast to grow by 25% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 26 Mar 2024AU$42.1bAU$5.3bAU$215.0m45.5x195.8x8x
Thu, 22 Feb 2024AU$39.5bAU$5.3bAU$38.5m36.4x1026.1x7.5x
Sat, 20 Jan 2024AU$37.3bAU$5.3bAU$299.5m34.2x124.6x7x
Mon, 18 Dec 2023AU$39.4bAU$5.3bAU$299.5m37x131.4x7.4x
Wed, 15 Nov 2023AU$34.4bAU$5.3bAU$299.5m29.8x115x6.5x
Fri, 13 Oct 2023AU$34.4bAU$5.3bAU$299.5m29.9x115x6.5x
Sun, 10 Sep 2023AU$35.8bAU$5.3bAU$299.5m32.8x119.5x6.7x
Tue, 08 Aug 2023AU$37.1bAU$5.4bAU$2.1b12.4x18x6.9x
Thu, 06 Jul 2023AU$36.2bAU$5.4bAU$2.3b11.4x15.8x6.8x
Sat, 03 Jun 2023AU$36.8bAU$5.4bAU$2.3b11.4x16.1x6.9x
Mon, 01 May 2023AU$38.6bAU$5.4bAU$2.3b12.9x16.9x7.2x
Wed, 29 Mar 2023AU$36.9bAU$5.4bAU$2.3b12.1x16.1x6.9x
Fri, 24 Feb 2023AU$39.7bAU$5.4bAU$2.6b10x15.3x7.3x
Sun, 22 Jan 2023AU$40.0bAU$5.3bAU$4.8b7x8.4x7.6x
Tue, 20 Dec 2022AU$39.1bAU$5.3bAU$4.8b7x8.2x7.4x
Thu, 17 Nov 2022AU$38.4bAU$5.3bAU$4.8b6.7x8x7.3x
Sat, 15 Oct 2022AU$35.5bAU$5.3bAU$4.8b6.1x7.4x6.7x
Mon, 12 Sep 2022AU$39.0bAU$5.2bAU$4.7b7.7x8.3x7.5x
Wed, 10 Aug 2022AU$40.0bAU$4.9bAU$4.1b9.8x9.8x8.1x
Fri, 08 Jul 2022AU$37.4bAU$4.9bAU$4.1b9.2x9.2x7.6x
Sun, 05 Jun 2022AU$38.9bAU$4.9bAU$4.1b9.4x9.6x7.9x
Tue, 03 May 2022AU$39.9bAU$4.9bAU$4.1b9.3x9.8x8.1x
Thu, 31 Mar 2022AU$43.1bAU$5.1bAU$4.7b8x9.3x8.4x
Sat, 26 Feb 2022AU$39.7bAU$5.1bAU$4.5b7.6x8.8x7.8x
Mon, 24 Jan 2022AU$38.7bAU$4.7bAU$1.9b9x20.8x8.2x
Wed, 22 Dec 2021AU$40.7bAU$4.7bAU$1.9b9.4x21.9x8.6x
Fri, 19 Nov 2021AU$40.4bAU$4.7bAU$1.9b9.2x21.7x8.6x
Sun, 17 Oct 2021AU$40.5bAU$4.7bAU$1.9b9.2x21.8x8.6x
Tue, 14 Sep 2021AU$39.3bAU$4.7bAU$1.5b14x25.6x8.3x
Thu, 12 Aug 2021AU$35.9bAU$4.7bAU$1.5b13.4x23.4x7.6x
Mon, 07 Jun 2021AU$35.7bAU$4.5b-AU$2,020,431,000.0012.3x-17.7x7.9x
Price to Earnings Ratio

-17.8x


Total Market Cap: AU$36.0bTotal Earnings: -AU$2,020,431,000.00Total Revenue: AU$4.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Retail REITs Industry Price to Earnings3Y Average 38.5x202220232024
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 196x which is higher than its 3-year average PE of 38.5x.
  • 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 5.3% 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 Market1.73%
Real Estate5.22%
REITS2.83%
Retail REITs2.46%
Industrial REITs11.17%
Hotel and Resort REITs4.43%
Specialized REITs4.06%
Diversified REITs2.83%
Office REITs2.80%
Residential REITs0.18%
Healthcare REITs-5.76%
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$3.351.8%
+AU$311.3m
21.4%PB1x
VCX Vicinity CentresAU$2.101.0%
+AU$91.0m
6.6%PB0.9x
RGN Region GroupAU$2.342.2%
+AU$58.1m
-1.3%PB1x
WPR Waypoint REITAU$2.553.2%
+AU$53.7m
0%PB180.3x
CQR Charter Hall Retail REITAU$3.642.2%
+AU$46.5m
-3.7%PB0.8x
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Latest News

WPR

AU$2.55

Waypoint REIT

7D

3.2%

1Y

0%

HDN

AU$1.28

HomeCo Daily Needs REIT

7D

-1.2%

1Y

7.1%

CDP

AU$4.36

Carindale Property Trust

7D

0.9%

1Y

-2.1%

HMC

AU$7.08

HMC Capital

7D

-0.8%

1Y

95.0%

SCG

AU$3.35

Scentre Group

7D

1.8%

1Y

21.4%

VCX

AU$2.10

Vicinity Centres

7D

1.0%

1Y

6.6%

CQR

AU$3.64

Charter Hall Retail REIT

7D

2.2%

1Y

-3.7%

BWP

AU$3.61

BWP Trust

7D

1.1%

1Y

-4.0%

NPR

AU$1.44

Newmark Property REIT

7D

2.5%

1Y

7.9%

RGN

AU$2.34

Region Group

7D

2.2%

1Y

-1.3%