Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Australian (ASX) Retail REITs Industry Analysis

UpdatedDec 29, 2025
DataAggregated Company Financials
Companies9
  • 7D0.02%
  • 3M2.5%
  • 1Y20.3%
  • YTD20.0%

The Retail REITs industry has stayed flat over the last week. The past year has been better, since the industry has gained 19% in that time. In the next few years earnings are forecast to be pretty stable.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 29 Dec 2025AU$47.3bAU$5.6bAU$3.6b11.8x13.1x8.4x
Wed, 26 Nov 2025AU$45.9bAU$5.6bAU$3.6b11.3x12.7x8.1x
Fri, 24 Oct 2025AU$47.6bAU$5.6bAU$3.6b11.6x13.2x8.4x
Sun, 21 Sep 2025AU$46.2bAU$5.6bAU$3.6b11.5x12.8x8.2x
Tue, 19 Aug 2025AU$44.5bAU$5.5bAU$2.9b14.1x15.6x8.1x
Thu, 17 Jul 2025AU$43.0bAU$5.5bAU$2.8b13.7x15.2x7.8x
Sat, 14 Jun 2025AU$43.8bAU$5.5bAU$2.8b14.1x15.5x8x
Mon, 12 May 2025AU$43.5bAU$5.5bAU$2.8b13.6x15.4x7.9x
Wed, 09 Apr 2025AU$39.4bAU$5.5bAU$2.8b12.6x13.9x7.2x
Fri, 07 Mar 2025AU$39.2bAU$5.5bAU$2.8b12.2x13.8x7.1x
Sun, 02 Feb 2025AU$41.0bAU$5.4bAU$1.3b44.6x32.4x7.7x
Tue, 31 Dec 2024AU$39.2bAU$5.4bAU$1.3b42.2x31x7.3x
Thu, 28 Nov 2024AU$41.5bAU$5.4bAU$1.3b44.9x32.8x7.7x
Sat, 26 Oct 2024AU$40.5bAU$5.4bAU$1.3b42.7x32x7.6x
Mon, 23 Sep 2024AU$45.6bAU$5.5bAU$1.3b45.1x34.2x8.4x
Wed, 21 Aug 2024AU$43.0bAU$5.4bAU$993.5m54.5x43.2x8x
Fri, 19 Jul 2024AU$41.2bAU$5.2bAU$245.6m53.3x167.7x7.8x
Sun, 16 Jun 2024AU$39.1bAU$5.2bAU$245.6m48.8x159.3x7.5x
Tue, 14 May 2024AU$39.8bAU$5.3bAU$215.0m43.5x184.9x7.5x
Thu, 11 Apr 2024AU$41.2bAU$5.3bAU$215.0m43x191.7x7.8x
Sat, 09 Mar 2024AU$41.3bAU$5.3bAU$215.0m44.3x191.9x7.8x
Mon, 05 Feb 2024AU$39.7bAU$5.3bAU$295.8m38.8x134.1x7.5x
Wed, 03 Jan 2024AU$38.9bAU$5.3bAU$295.8m37.7x131.7x7.4x
Fri, 01 Dec 2023AU$35.3bAU$5.3bAU$295.8m35.1x119.3x6.7x
Sun, 29 Oct 2023AU$32.5bAU$5.3bAU$295.8m32.9x109.8x6.1x
Tue, 26 Sep 2023AU$34.3bAU$5.3bAU$295.8m34.8x116.1x6.5x
Thu, 24 Aug 2023AU$35.8bAU$5.2bAU$810.9m35.6x44.2x6.8x
Sat, 22 Jul 2023AU$37.0bAU$5.4bAU$2.3b10.7x16.2x6.9x
Mon, 19 Jun 2023AU$35.9bAU$5.4bAU$2.3b10.4x15.7x6.7x
Wed, 17 May 2023AU$38.0bAU$5.4bAU$2.3b11.1x16.6x7.1x
Fri, 14 Apr 2023AU$37.1bAU$5.4bAU$2.3b11x16.2x6.9x
Price to Earnings Ratio

16x


Total Market Cap: AU$36.5bTotal Earnings: AU$2.3bTotal Revenue: AU$5.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Retail REITs Industry Price to Earnings3Y Average 69.6x20242025
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 13.1x which is lower than its 3-year average PE of 69.6x.
  • The 3-year average PS ratio of 7.5x is lower than the industry's current PS ratio of 8.4x.
Past Earnings Growth
  • The earnings for companies in the Retail REITs industry have grown 16% 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 Trends

Which industries have driven the changes within the Australian Real Estate industry?

AU Market0.84%
Real Estate2.23%
Retail REITs0.022%
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
VCX Vicinity CentresAU$2.571.6%
+AU$184.0m		21.2%PB1.1x
CQR Charter Hall Retail REITAU$4.161.2%
+AU$29.1m		30.4%PB0.9x
BWP BWP TrustAU$4.081.0%
+AU$28.5m		19.0%PB1x
CDP Carindale Property TrustAU$5.713.3%
+AU$14.9m		19.2%PB0.8x
DXC Dexus Convenience Retail REITAU$2.882.1%
+AU$8.3m		-1.4%PB1.8x

Latest News

CDP
AU$5.71
Carindale Property Trust
7D
-0.2%
1Y
19.7%
BWP
AU$4.08
BWP Trust
7D
-0.5%
1Y
22.9%
SCG
AU$4.19
Scentre Group
7D
-0.2%
1Y
20.1%
RGN
AU$2.44
Region Group
7D
-1.2%
1Y
15.6%
DXC
AU$2.88
Dexus Convenience Retail REIT
7D
0.3%
1Y
-1.4%
HDN
AU$1.39
HomeCo Daily Needs REIT
7D
-0.4%
1Y
20.9%
WPR
AU$2.62
Waypoint REIT
7D
-1.9%
1Y
9.6%
VCX
AU$2.57
Vicinity Centres
7D
1.2%
1Y
21.8%

VCX: Divestment Of Smaller Malls Will Support Focus On Larger Destinations

Analysts have modestly raised their price target for Vicinity Centres to $2.58 per share. This change is attributed to minor adjustments to their discount rate assumptions, while other key outlook factors remain steady.