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Australian (ASX) Specialized REITs Industry Analysis

UpdatedJul 19, 2024
DataAggregated Company Financials
Companies5
  • 7D3.8%
  • 3M9.6%
  • 1Y3.3%
  • YTD4.5%

All of the companies in the Specialized REITs industry have been up over the last week, with the industry up 4.9%. In the last 12 months, the industry was up 3.5%. Earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 20 Jul 2024AU$8.1bAU$847.2mAU$202.9m94x40.1x9.6x
Mon, 17 Jun 2024AU$7.8bAU$635.0mAU$190.6m58.9x40.8x12.2x
Wed, 15 May 2024AU$7.6bAU$635.0mAU$190.6m56.7x39.8x11.9x
Fri, 12 Apr 2024AU$7.7bAU$635.0mAU$190.6m58.1x40.5x12.2x
Sun, 10 Mar 2024AU$8.0bAU$635.0mAU$190.6m58.9x41.7x12.5x
Tue, 06 Feb 2024AU$7.7bAU$619.9mAU$282.2m17.1x27.5x12.5x
Thu, 04 Jan 2024AU$7.6bAU$619.9mAU$282.2m17.8x26.9x12.3x
Sat, 02 Dec 2023AU$7.3bAU$619.9mAU$282.2m16.1x25.9x11.8x
Mon, 30 Oct 2023AU$6.9bAU$619.9mAU$282.2m15.5x24.4x11.1x
Wed, 27 Sep 2023AU$7.2bAU$619.9mAU$282.2m16.2x25.6x11.7x
Fri, 25 Aug 2023AU$7.8bAU$619.9mAU$264.7m17.6x29.3x12.5x
Sun, 23 Jul 2023AU$6.2bAU$619.6mAU$648.4m6.2x9.6x10x
Tue, 20 Jun 2023AU$6.4bAU$619.6mAU$648.4m6.3x9.8x10.3x
Thu, 18 May 2023AU$6.5bAU$619.6mAU$648.4m6.1x10x10.5x
Sat, 15 Apr 2023AU$6.6bAU$619.6mAU$648.4m6.2x10.1x10.6x
Price to Earnings Ratio

10.1x


Total Market Cap: AU$6.5bTotal Earnings: AU$648.4mTotal Revenue: AU$619.6mTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Specialized REITs Industry Price to Earnings3Y Average 26.2xJulyOctober2024AprilJuly
Current Industry PE
  • Investors are optimistic on the Australian Specialized REITs industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 42.9x which is higher than its 3-year average PE of 26.1x.
  • The industry is trading close to its 3-year average PS ratio of 11.7x.
Past Earnings Growth
  • The earnings for companies in the Specialized REITs industry have declined 34% 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 Market1.67%
Real Estate4.59%
Specialized REITs3.80%
Self-Storage REITs4.95%
Data Center REITs0%
Timber REITs0%
Telecom Tower REITs0%
Industry PE
  • Investors are most optimistic about the Self-Storage REITs industry which is trading above its 3-year average PE ratio of 115x.
    • Analysts are expecting annual earnings growth of 15.4%, which is higher than its past year's earnings decline of 5.9% per year.
  • Investors are most pessimistic about the Self-Storage REITs industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 115x.
Forecasted Growth
  • Analysts are most optimistic on the Self-Storage REITs industry, expecting annual earnings growth of 15% over the next 5 years.
  • This is better than its past earnings decline of 5.9% per year.
  • In contrast, the Self-Storage REITs industry is expected to see its earnings grow by 15% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
NSR National Storage REITAU$2.431.7%
+AU$54.8m
9.0%PB11.5x
ASK Abacus Storage KingAU$1.242.9%
+AU$46.0m
n/aPB0.8x
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Latest News

CQE

AU$2.46

Charter Hall Social Infrastructure REIT

7D

-1.2%

1Y

-18.0%

ASK

AU$1.24

Abacus Storage King

7D

2.9%

1Y

n/a

NSR

AU$2.43

National Storage REIT

7D

1.7%

1Y

9.0%

ARF

AU$3.94

Arena REIT

7D

-0.8%

1Y

5.3%

RFF

AU$2.04

Rural Funds Group

7D

-2.4%

1Y

1.0%