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Brazilian (BOVESPA) REITS Industry Analysis

UpdatedMar 27, 2024
DataAggregated Company Financials
Companies16
  • 7D0.5%
  • 3M14.0%
  • 1Y19.5%
  • YTD9.1%

The REITS industry has stayed flat over the last week. The past year has been better, since the industry has gained 20% in that time.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 27 Mar 2024R$8.7bR$492.3mR$402.2m14x21.7x17.8x
Fri, 23 Feb 2024R$8.6bR$492.3mR$402.2m14x21.4x17.5x
Sun, 21 Jan 2024R$8.2bR$492.3mR$402.2m14.2x20.4x16.7x
Tue, 19 Dec 2023R$7.5bR$492.3mR$402.2m13.5x18.6x15.2x
Thu, 16 Nov 2023R$7.6bR$492.3mR$402.2m13.6x19x15.5x
Sat, 14 Oct 2023R$7.7bR$492.3mR$402.2m13.7x19.2x15.7x
Mon, 11 Sep 2023R$7.6bR$420.0mR$365.7m14.9x20.8x18.1x
Wed, 09 Aug 2023R$7.6bR$420.0mR$365.7m15.1x20.9x18.2x
Fri, 07 Jul 2023R$7.5bR$420.0mR$365.7m15.1x20.6x17.9x
Sun, 04 Jun 2023R$8.7bR$478.0mR$374.3m14x23.3x18.2x
Tue, 02 May 2023R$8.4bR$478.0mR$374.3m12.9x22.3x17.5x
Thu, 30 Mar 2023R$8.0bR$480.7mR$396.0m9.8x20.1x16.6x
Sat, 25 Feb 2023R$24.7bR$1.7bR$1.1b12.5x23x14.6x
Mon, 23 Jan 2023R$25.2bR$1.7bR$1.1b12.6x23.4x14.9x
Wed, 21 Dec 2022R$23.6bR$312.4mR$276.9m9.2x85.3x75.7x
Fri, 18 Nov 2022R$24.5bR$312.4mR$276.9m9.7x88.4x78.4x
Sun, 16 Oct 2022R$24.2bR$312.4mR$276.9m10.5x87.6x77.6x
Tue, 13 Sep 2022R$24.0bR$312.4mR$276.9m10.6x86.6x76.8x
Thu, 11 Aug 2022R$22.8bR$312.4mR$276.9m9.8x82.3x73x
Sat, 09 Jul 2022R$21.9bR$312.4mR$276.9m9.6x78.9x69.9x
Mon, 06 Jun 2022R$20.5bR$1.0bR$868.3m8.1x23.6x20x
Wed, 04 May 2022R$104.8bR$1.0bR$868.3m7.8x120.7x102.4x
Fri, 01 Apr 2022R$102.4bR$991.4mR$873.6m8.2x117.2x103.3x
Sun, 27 Feb 2022R$99.9bR$894.0mR$615.3m8.4x162.4x111.8x
Tue, 25 Jan 2022R$101.9bR$795.8mR$549.3m9x185.4x128x
Thu, 23 Dec 2021R$99.2bR$635.5mR$703.9m11.6x140.9x156x
Sat, 20 Nov 2021R$21.3bR$857.7mR$1.0b8.9x20.6x24.9x
Mon, 18 Oct 2021R$23.2bR$857.7mR$1.0b10x22.4x27x
Wed, 15 Sep 2021R$21.9bR$1.9bR$2.4b7.9x9.2x11.7x
Fri, 13 Aug 2021R$2.5bR$243.5mR$232.2m6.7x10.7x10.2x
Tue, 08 Jun 2021R$2.6bR$243.5mR$232.2m7.1x11.4x10.9x
Price to Earnings Ratio

11.2x


Total Market Cap: R$2.6bTotal Earnings: R$232.2mTotal Revenue: R$243.5mTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian REITS Industry Price to Earnings3Y Average 48.8x202220232024
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 21.7x which is lower than its 3-year average PE of 48.8x.
  • The 3-year average PS ratio of 40.8x is higher than the industry's current PS ratio of 17.8x.
Past Earnings Growth
  • The earnings for companies in the REITs industry have grown 20% per year over the last three years.
  • Revenues for these companies have grown 26% 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-1.64%
Real Estate-1.71%
REITS0.53%
Diversified REITs0.53%
Industrial REITs0.37%
Residential REITs0%
Hotel and Resort REITs0%
Specialized REITs-0.0069%
Office REITs-0.041%
Healthcare REITs-0.40%
Retail REITs-6.17%
Industry PE
  • Investors are most optimistic about the Industrial REITs industry even though it's trading below its 3-year average PE ratio of 1kx.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Specialized REITs industry, which is trading below its 3-year average of 49.3x.
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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