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Australian (ASX) Retail REITs Industry Analysis

UpdatedFeb 21, 2024
DataAggregated Company Financials
Companies11
  • 7D-2.7%
  • 3M14.2%
  • 1Y-0.1%
  • YTD0.4%

Over the last 7 days, the Retail REITs industry has dropped 2.2%, driven by Scentre Group declining 4.8%. Meanwhile, HMC Capital actually outperformed within the industry, gaining 9.2% in the last week. As for the longer term, the industry's performance has been flat for the past year. 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
Wed, 21 Feb 2024AU$39.1bAU$5.3bAU$49.2m41.8x795.3x7.4x
Fri, 19 Jan 2024AU$37.0bAU$5.3bAU$295.8m36x125.2x7x
Sun, 17 Dec 2023AU$39.3bAU$5.3bAU$295.8m37.8x132.9x7.4x
Tue, 14 Nov 2023AU$34.2bAU$5.3bAU$295.8m33.3x115.5x6.4x
Thu, 12 Oct 2023AU$34.0bAU$5.3bAU$295.8m34x115.1x6.4x
Sat, 09 Sep 2023AU$35.7bAU$5.3bAU$295.8m36x120.8x6.7x
Mon, 07 Aug 2023AU$36.7bAU$5.4bAU$2.1b12.3x17.7x6.9x
Wed, 05 Jul 2023AU$36.3bAU$5.4bAU$2.3b10.4x15.9x6.8x
Fri, 02 Jun 2023AU$36.7bAU$5.4bAU$2.3b10.6x16x6.9x
Sun, 30 Apr 2023AU$38.6bAU$5.4bAU$2.3b11.4x16.9x7.2x
Tue, 28 Mar 2023AU$36.7bAU$5.4bAU$2.3b10.9x16x6.8x
Price to Earnings Ratio

16x


Total Market Cap: AU$36.7bTotal Earnings: AU$2.3bTotal Revenue: AU$5.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Retail REITs Industry Price to Earnings3Y Average 81.9xAprilJulyOctober2024
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 795x which is higher than its 3-year average PE of 79.8x.
  • The industry is trading close to its 3-year average PS ratio of 6.9x.
Past Earnings Growth
  • The earnings for companies in the Retail REITs industry have declined 72% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

AU Market0.81%
Real Estate0.70%
Retail REITs-2.72%
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
HMC HMC CapitalAU$7.0012.2%
+AU$264.9m
55.9%PB2.4x
CQR Charter Hall Retail REITAU$3.691.7%
+AU$34.9m
-6.8%PB0.8x
WPR Waypoint REITAU$2.490.8%
+AU$13.4m
-7.1%PB185.9x
BWP BWP TrustAU$3.440.6%
+AU$12.8m
-11.8%PB0.9x
NPR Newmark Property REITAU$1.351.1%
+AU$2.7m
-0.4%PB1x
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Latest News

HMC

AU$7.00

HMC Capital

7D

12.2%

1Y

55.9%

VCX

AU$2.00

Vicinity Centres

7D

-2.2%

1Y

-2.7%

HDN

AU$1.23

HomeCo Daily Needs REIT

7D

-2.0%

1Y

-2.8%

CQR

AU$3.69

Charter Hall Retail REIT

7D

1.7%

1Y

-6.8%

BWP

AU$3.44

BWP Trust

7D

0.6%

1Y

-11.8%

SCG

AU$3.06

Scentre Group

7D

-0.6%

1Y

2.3%

NPR

AU$1.35

Newmark Property REIT

7D

1.1%

1Y

-0.4%

RGN

AU$2.23

Region Group

7D

-1.3%

1Y

-12.2%

DXC

AU$2.80

Dexus Convenience Retail REIT

7D

-0.4%

1Y

2.2%

WPR

AU$2.49

Waypoint REIT

7D

0.8%

1Y

-7.1%

CDP

AU$4.43

Carindale Property Trust

7D

0.2%

1Y

2.5%