Have your own idea? Try our Stock Screener
Brazilian (BOVESPA) REITS Industry Analysis
UpdatedDec 02, 2024
DataAggregated Company Financials
Companies19
- 7D-1.8%
- 3M-11.8%
- 1Y-13.2%
- YTD-9.8%
Over the last 7 days, the REITS industry has dropped 1.8%, driven by Kinea Renda Imobiliária Fundo de Investimento Imobiliário declining 2.7%. The industry has fallen 13% in the last year.
Industry Valuation and Performance
Has the Brazilian REITS Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 02 Dec 2024 | R$8.4b | R$633.0m | R$492.2m | 8.8x | 17x | 13.2x |
| Wed, 30 Oct 2024 | R$8.7b | R$526.8m | R$393.7m | 13.3x | 22.1x | 16.5x |
| Fri, 27 Sep 2024 | R$8.7b | R$526.8m | R$393.7m | 13.3x | 22.1x | 16.5x |
| Sun, 25 Aug 2024 | R$9.5b | R$526.8m | R$393.7m | 14.9x | 24.2x | 18.1x |
| Tue, 23 Jul 2024 | R$8.9b | R$526.8m | R$393.7m | 13x | 22.6x | 16.9x |
| Thu, 20 Jun 2024 | R$8.5b | R$526.8m | R$393.7m | 12.6x | 21.6x | 16.2x |
| Sat, 18 May 2024 | R$8.5b | R$526.8m | R$393.7m | 13.2x | 21.7x | 16.2x |
| Mon, 15 Apr 2024 | R$8.7b | R$473.4m | R$339.8m | 23.5x | 25.6x | 18.3x |
| Wed, 13 Mar 2024 | R$8.7b | R$492.3m | R$402.2m | 13.9x | 21.5x | 17.6x |
| Fri, 09 Feb 2024 | R$8.6b | R$492.3m | R$402.2m | 13.9x | 21.3x | 17.4x |
| Sun, 07 Jan 2024 | R$7.7b | R$492.3m | R$402.2m | 14x | 19.2x | 15.7x |
| Tue, 05 Dec 2023 | R$7.4b | R$492.3m | R$402.2m | 13.4x | 18.4x | 15x |
| Thu, 02 Nov 2023 | R$7.6b | R$492.3m | R$402.2m | 13.1x | 18.8x | 15.4x |
| Sat, 30 Sep 2023 | R$7.8b | R$498.2m | R$402.2m | 14x | 19.4x | 15.7x |
| Mon, 28 Aug 2023 | R$7.5b | R$420.0m | R$365.7m | 14.7x | 20.5x | 17.8x |
| Wed, 26 Jul 2023 | R$7.7b | R$420.0m | R$365.7m | 15.2x | 20.9x | 18.2x |
| Fri, 23 Jun 2023 | R$9.0b | R$478.0m | R$374.3m | 14.7x | 24.1x | 18.9x |
| Sun, 21 May 2023 | R$8.8b | R$478.0m | R$374.3m | 14.4x | 23.4x | 18.3x |
| Tue, 18 Apr 2023 | R$8.2b | R$478.0m | R$374.3m | 12.3x | 21.8x | 17.1x |
| Thu, 16 Mar 2023 | R$24.4b | R$1.7b | R$1.1b | 12.4x | 22.7x | 14.4x |
| Sat, 11 Feb 2023 | R$24.6b | R$1.7b | R$1.1b | 12.4x | 22.9x | 14.5x |
| Mon, 09 Jan 2023 | R$25.3b | R$1.7b | R$1.1b | 12.2x | 23.5x | 15x |
| Wed, 07 Dec 2022 | R$24.3b | R$312.4m | R$276.9m | 9.6x | 87.9x | 77.9x |
| Fri, 04 Nov 2022 | R$25.7b | R$312.4m | R$276.9m | 10.4x | 93x | 82.4x |
| Sun, 02 Oct 2022 | R$24.3b | R$312.4m | R$276.9m | 10.8x | 87.9x | 77.9x |
| Tue, 30 Aug 2022 | R$24.1b | R$312.4m | R$276.9m | 10.6x | 87x | 77.1x |
| Thu, 28 Jul 2022 | R$21.9b | R$312.4m | R$276.9m | 9.3x | 79.1x | 70.1x |
| Sat, 25 Jun 2022 | R$20.1b | R$1.0b | R$868.3m | 8.1x | 23.2x | 19.7x |
| Mon, 23 May 2022 | R$20.2b | R$1.0b | R$868.3m | 7.9x | 23.2x | 19.7x |
| Wed, 20 Apr 2022 | R$102.5b | R$1.0b | R$868.3m | 8.2x | 118x | 100.1x |
| Fri, 18 Mar 2022 | R$100.5b | R$988.9m | R$749.8m | 8.3x | 134x | 101.6x |
| Sun, 13 Feb 2022 | R$98.5b | R$886.5m | R$620.9m | 8.9x | 158.7x | 111.1x |
| Tue, 11 Jan 2022 | R$99.3b | R$495.7m | R$335.5m | 10.9x | 296x | 200.3x |
| Thu, 09 Dec 2021 | R$21.9b | R$857.7m | R$1.0b | 9.1x | 21.2x | 25.6x |
Price to Earnings Ratio
21.2x
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 17.0x which is lower than its 3-year average PE of 50.6x.
- The 3-year average PS ratio of 41.1x is higher than the industry's current PS ratio of 13.2x.
Past Earnings Growth
- The earnings for companies in the REITs industry have declined 22% per year over the last three years,
- Revenues have also declined 9.6% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Brazilian Real Estate industry?
| BR Market | -2.82% | |
| Real Estate | -4.23% | |
| REITS | -1.83% | |
| Residential REITs | 0% | |
| Hotel and Resort REITs | 0% | |
| Office REITs | -0.085% | |
| Retail REITs | -0.97% | |
| Specialized REITs | -1.27% | |
| Industrial REITs | -1.59% | |
| Diversified REITs | -1.83% | |
| Healthcare REITs | -2.63% | |
Industry PE
- Investors are most optimistic about the Office REITs industry which is trading above its 3-year average PE ratio of 26.9x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Industrial REITs industry, which is trading below its 3-year average of 871x.
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NVHO11 Fundo De Investimento Imobiliario Novo Horizonte | R$12.85 | 4.1% +R$21.2m | 16.7% | n/a | |
| FISC11 Fundo De Investimento Imobiliário SC 401 | R$65.00 | 1.2% +R$1.2m | -16.7% | n/a | |
| MFII11 Mérito Desenvolvimento Imobiliário I FII - Fundo de Investimento Imobiliário | R$94.60 | 0.2% +R$1.2m | 4.4% | PB1x | |
| XPCM11 XP Macaé Fundo de Investimento Imobiliário - FII | R$7.50 | 2.7% +R$482.9k | -26.0% | n/a | |
| KNRE11 Kinea II Real Estate Equity Fundo de Investimento Imobiliário | R$0.24 | 4.3% +R$185.5k | -41.5% | n/a |