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Brazilian (BOVESPA) REITS Industry Analysis

UpdatedNov 27, 2023
DataAggregated Company Financials
  • 7D-0.6%
  • 3M-1.8%
  • 1Y7.2%
  • YTD7.6%

The REITS is pretty flat in the last 7 days, but Máxima Renda Corporativa Fundo de Investimento Imobiliário - FII has stood out, gaining 7.2%. The past year has been better, since the industry has gained 7.2% in that time.

Industry Valuation and Performance

Has the Brazilian REITS Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 27 Nov 2023R$7.6bR$492.3mR$402.2m13.6x19x15.5x
Wed, 25 Oct 2023R$7.5bR$492.3mR$402.2m13.2x18.8x15.3x
Fri, 22 Sep 2023R$7.9bR$498.2mR$402.2m14.3x19.7x15.9x
Sun, 20 Aug 2023R$7.5bR$420.0mR$365.7m14.9x20.6x17.9x
Tue, 18 Jul 2023R$7.6bR$420.0mR$365.7m15.3x20.8x18.1x
Thu, 15 Jun 2023R$8.9bR$478.0mR$374.3m14.6x23.9x18.7x
Sat, 13 May 2023R$8.6bR$478.0mR$374.3m14.1x23.1x18.1x
Mon, 10 Apr 2023R$8.0bR$480.7mR$396.0m9.8x20.2x16.6x
Wed, 08 Mar 2023R$24.6bR$1.7bR$1.1b12.3x22.8x14.5x
Fri, 03 Feb 2023R$25.0bR$1.7bR$1.1b12.5x23.2x14.7x
Sun, 01 Jan 2023R$25.4bR$1.5bR$818.3m12x31x17.5x
Tue, 29 Nov 2022R$24.4bR$312.4mR$276.9m9.6x88x78x
Thu, 27 Oct 2022R$24.1bR$312.4mR$276.9m10.4x87x77.1x
Sat, 24 Sep 2022R$24.2bR$312.4mR$276.9m10.7x87.5x77.6x
Mon, 22 Aug 2022R$23.5bR$312.4mR$276.9m10.4x84.9x75.3x
Wed, 20 Jul 2022R$21.7bR$312.4mR$276.9m9.5x78.5x69.6x
Fri, 17 Jun 2022R$20.2bR$1.0bR$868.3m8x23.3x19.7x
Sun, 15 May 2022R$104.2bR$1.0bR$868.3m7.8x120x101.8x
Tue, 12 Apr 2022R$101.5bR$994.7mR$861.6m8.4x117.8x102x
Thu, 10 Mar 2022R$103.3bR$988.9mR$749.8m7.7x137.7x104.4x
Sat, 05 Feb 2022R$99.5bR$868.3mR$610.4m8.2x163x114.6x
Mon, 03 Jan 2022R$103.6bR$484.4mR$339.9m11.3x304.8x213.9x
Wed, 01 Dec 2021R$21.1bR$857.7mR$1.0b8.9x20.4x24.6x
Fri, 29 Oct 2021R$22.6bR$857.7mR$1.0b9.5x21.8x26.3x
Sun, 26 Sep 2021R$23.3bR$857.7mR$1.0b10.1x22.5x27.2x
Tue, 24 Aug 2021R$2.4bR$243.5mR$232.2m6.6x10.5x10x
Wed, 30 Jun 2021R$2.6bR$243.5mR$232.2m7.1x11.2x10.7x
Sat, 03 Apr 2021R$2.6bR$243.5mR$232.2m6.5x11.2x10.7x
Tue, 05 Jan 2021R$2.8bR$243.5mR$232.2m5.7x11.8x11.3x
Price to Earnings Ratio


Total Market Cap: R$2.7bTotal Earnings: R$261.2mTotal Revenue: R$227.5mTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian REITS Industry Price to Earnings3Y Average 47.8x202120222023
Current Industry PE
  • Investors are pessimistic on the Brazilian 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 19.0x which is lower than its 3-year average PE of 47.8x.
  • The 3-year average PS ratio of 40.3x is higher than the industry's current PS ratio of 15.5x.
Past Earnings Growth
  • The earnings for companies in the REITs industry have grown 15% per year over the last three years.
  • Revenues for these companies have grown 29% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

BR Market-0.39%
Real Estate0.25%
Specialized REITs0.42%
Office REITs0.16%
Industrial REITs0.15%
Residential REITs0%
Hotel and Resort REITs0%
Diversified REITs-0.63%
Retail REITs-1.08%
Healthcare REITs-1.44%
Industry PE
    • Investors are most pessimistic about the Specialized REITs industry, which is trading below its 3-year average of 55.2x.
    Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

    Top Stock Gainers and Losers

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

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