Have your own idea? Try our Stock Screener
Brazilian (BOVESPA) Diversified REITs Industry Analysis
UpdatedDec 22, 2024
DataAggregated Company Financials
Companies19
- 7D-0.2%
- 3M-6.7%
- 1Y-18.3%
- YTDn/a
Over the last 7 days, the Diversified REITs industry has dropped 1.3%, driven by a pullback from Kinea Renda Imobiliária Fundo de Investimento Imobiliário of 0.9%. Meanwhile, JPP Capital Fundo Invest Imobiliario FII actually outperformed within the industry, gaining 76% in the last week. However, the industry is down 19% over the past year.
Industry Valuation and Performance
Has the Brazilian Diversified REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 22 Dec 2024 | R$8.2b | R$633.0m | R$492.2m | 8.6x | 16.6x | 12.9x |
| Tue, 19 Nov 2024 | R$8.5b | R$526.8m | R$393.7m | 12.9x | 21.5x | 16.1x |
| Thu, 17 Oct 2024 | R$8.8b | R$526.8m | R$393.7m | 13.4x | 22.3x | 16.6x |
| Sat, 14 Sep 2024 | R$9.3b | R$526.8m | R$393.7m | 14.2x | 23.5x | 17.6x |
| Mon, 12 Aug 2024 | R$9.5b | R$526.8m | R$393.7m | 14.9x | 24.1x | 18x |
| Wed, 10 Jul 2024 | R$8.8b | R$526.8m | R$393.7m | 13x | 22.3x | 16.7x |
| Fri, 07 Jun 2024 | R$8.8b | R$526.8m | R$393.7m | 13.1x | 22.3x | 16.7x |
| Sun, 05 May 2024 | R$8.5b | R$526.8m | R$393.7m | 13.5x | 21.7x | 16.2x |
| Tue, 02 Apr 2024 | R$8.6b | R$492.3m | R$402.2m | 13.8x | 21.5x | 17.5x |
| Thu, 29 Feb 2024 | R$8.5b | R$492.3m | R$402.2m | 13.9x | 21.2x | 17.3x |
| Sat, 27 Jan 2024 | R$8.6b | R$492.3m | R$402.2m | 14.1x | 21.4x | 17.5x |
| Mon, 25 Dec 2023 | R$7.6b | R$492.3m | R$402.2m | 13.9x | 19x | 15.5x |
| Wed, 22 Nov 2023 | R$7.7b | R$492.3m | R$402.2m | 13.6x | 19.1x | 15.6x |
| Fri, 20 Oct 2023 | R$7.6b | R$492.3m | R$402.2m | 13.4x | 18.9x | 15.5x |
| Sun, 17 Sep 2023 | R$8.0b | R$420.0m | R$365.7m | 15.3x | 21.8x | 19x |
| Tue, 15 Aug 2023 | R$7.6b | R$420.0m | R$365.7m | 15x | 20.7x | 18x |
| Thu, 13 Jul 2023 | R$7.6b | R$420.0m | R$365.7m | 15.3x | 20.8x | 18.1x |
| Sat, 10 Jun 2023 | R$7.3b | R$478.0m | R$374.3m | 14.4x | 19.4x | 15.2x |
| Mon, 08 May 2023 | R$7.0b | R$478.0m | R$374.3m | 13.2x | 18.6x | 14.6x |
| Wed, 05 Apr 2023 | R$6.4b | R$480.7m | R$396.0m | 9.8x | 16.2x | 13.4x |
| Fri, 03 Mar 2023 | R$6.5b | R$480.7m | R$396.0m | 10.2x | 16.4x | 13.5x |
| Sun, 29 Jan 2023 | R$6.7b | R$480.7m | R$396.0m | 10.3x | 16.8x | 13.9x |
| Tue, 27 Dec 2022 | R$6.8b | R$153.1m | R$129.8m | 11.2x | 52.1x | 44.2x |
| Thu, 24 Nov 2022 | R$6.9b | R$0 | R$0 | n/a | n/a | n/a |
| Sat, 22 Oct 2022 | R$7.6b | R$0 | R$0 | n/a | n/a | n/a |
| Mon, 19 Sep 2022 | R$7.7b | R$0 | R$0 | n/a | n/a | n/a |
| Wed, 17 Aug 2022 | R$7.4b | R$0 | R$0 | n/a | n/a | n/a |
| Fri, 15 Jul 2022 | R$7.0b | R$0 | R$0 | n/a | n/a | n/a |
| Sun, 12 Jun 2022 | R$6.9b | R$225.2m | R$216.6m | 12.5x | 31.7x | 30.5x |
| Tue, 10 May 2022 | R$6.7b | R$225.2m | R$216.6m | 12x | 31.1x | 29.9x |
| Thu, 07 Apr 2022 | R$6.9b | R$225.2m | R$216.6m | 12x | 31.7x | 30.5x |
| Sat, 05 Mar 2022 | R$5.6b | R$225.2m | R$216.6m | 12.1x | 25.7x | 24.7x |
| Mon, 31 Jan 2022 | R$6.0b | R$207.0m | R$206.1m | 12.8x | 29.1x | 28.9x |
| Wed, 29 Dec 2021 | R$6.1b | R$374.8m | R$476.8m | 11.3x | 12.7x | 16.2x |
Price to Earnings Ratio
12.7x
Current Industry PE
- Investors are pessimistic on the Brazilian Diversified 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 16.5x which is lower than its 3-year average PE of 19.3x.
- The 3-year average PS ratio of 16.5x is higher than the industry's current PS ratio of 12.8x.
Past Earnings Growth
- The earnings for companies in the Diversified REITs industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 19% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Comparison
How does Brazilian Diversified REITs compare with similar industries?
| BR Market | -2.98% | |
| Real Estate | -1.24% | |
| REITS | -0.22% | |
| Diversified REITs | -0.22% | |
| Specialized REITs | 2.00% | |
| Healthcare REITs | 0.70% | |
| Residential REITs | 0% | |
| Hotel and Resort REITs | 0% | |
| Industrial REITs | -0.44% | |
| Office REITs | -0.47% | |
| Retail REITs | -2.46% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| KNRI11 Kinea Renda Imobiliária Fundo de Investimento Imobiliário | R$132.50 | 0.4% +R$14.7m | -18.5% | PB1x | |
| NVHO11 Fundo De Investimento Imobiliario Novo Horizonte | R$12.32 | 2.2% +R$10.8m | 0.2% | n/a | |
| JPPC11 JPP Capital Fundo Invest Imobiliario FII | R$191.93 | 77.7% +R$4.6m | n/a | n/a | |
| BCIA11 Bradesco Carteira Imobiliaria Ativa Fundos de Investimento Imobiliario | R$79.01 | 1.5% +R$4.5m | -23.9% | n/a | |
| RNGO11 Fundo de Investimento Imobiliário Rio Negro | R$41.23 | 2.0% +R$2.2m | -13.0% | n/a |