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Brazilian (BOVESPA) Office REITs Industry Analysis

UpdatedApr 12, 2024
DataAggregated Company Financials
Companies19
  • 7D-0.7%
  • 3M-2.0%
  • 1Y16.4%
  • YTDn/a

Over the last 7 days, the Office REITs industry has remained flat. The past year has been better, since the industry has gained 18% in that time.

Industry Valuation and Performance

Has the Brazilian Office REITs Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 12 Apr 2024R$8.3bR$469.6mR$425.0m8.7x19.6x17.7x
Sun, 10 Mar 2024R$8.5bR$468.8mR$397.1m8x21.4x18.1x
Tue, 06 Feb 2024R$8.5bR$468.8mR$397.1m8.1x21.4x18.1x
Thu, 04 Jan 2024R$8.5bR$482.8mR$423.4m6.8x20.1x17.7x
Sat, 02 Dec 2023R$8.3bR$485.5mR$427.1m6.7x19.4x17.1x
Mon, 30 Oct 2023R$8.0bR$485.5mR$427.1m6.7x18.7x16.4x
Wed, 27 Sep 2023R$8.5bR$485.5mR$427.1m6.8x19.9x17.5x
Fri, 25 Aug 2023R$8.4bR$388.0mR$285.7m6.6x29.4x21.7x
Sun, 23 Jul 2023R$8.6bR$252.1mR$296.3m6.6x29.2x34.3x
Tue, 20 Jun 2023R$8.3bR$466.3mR$421.2m7x19.6x17.7x
Thu, 18 May 2023R$7.8bR$612.2mR$244.3m7.2x31.8x12.7x
Sat, 15 Apr 2023R$7.2bR$612.2mR$244.3m6.2x29.6x11.8x
Mon, 13 Mar 2023R$7.3bR$849.2mR$390.9m10.4x18.6x8.6x
Wed, 08 Feb 2023R$7.5bR$849.2mR$390.9m10.8x19.1x8.8x
Fri, 06 Jan 2023R$7.7bR$849.2mR$390.9m11.2x19.7x9.1x
Sun, 04 Dec 2022R$8.0bR$270.8mR$269.2m5.7x29.6x29.4x
Tue, 01 Nov 2022R$8.4bR$270.8mR$269.2m6.3x31.2x31x
Thu, 29 Sep 2022R$8.5bR$270.8mR$269.2m6.5x31.6x31.4x
Sat, 27 Aug 2022R$8.4bR$270.8mR$269.2m6.4x31.1x30.9x
Mon, 25 Jul 2022R$7.4bR$270.8mR$269.2m5.3x27.6x27.4x
Wed, 22 Jun 2022R$7.8bR$691.3mR$551.1m7.2x14.2x11.3x
Fri, 20 May 2022R$7.9bR$691.3mR$551.1m7x14.4x11.5x
Sun, 17 Apr 2022R$8.2bR$691.3mR$551.1m7.2x15x11.9x
Tue, 15 Mar 2022R$7.9bR$688.8mR$427.3m7x18.4x11.4x
Thu, 10 Feb 2022R$8.0bR$632.5mR$373.5m7.2x21.3x12.6x
Sat, 08 Jan 2022R$8.1bR$347.8mR$188.9m5.8x42.8x23.2x
Mon, 06 Dec 2021R$7.8bR$229.9mR$208.4m8.7x37.2x33.7x
Wed, 03 Nov 2021R$7.9bR$229.9mR$208.4m9x38.1x34.5x
Fri, 01 Oct 2021R$8.6bR$229.9mR$208.4m9.3x41x37.2x
Sun, 29 Aug 2021R$2.5bR$243.5mR$232.2m6.7x10.7x10.2x
Mon, 05 Jul 2021R$2.6bR$243.5mR$232.2m7.1x11.2x10.7x
Price to Earnings Ratio

11.6x


Total Market Cap: R$2.7bTotal Earnings: R$232.2mTotal Revenue: R$243.5mTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Office REITs Industry Price to Earnings3Y Average 23.1x202220232024
Current Industry PE
  • Investors are pessimistic on the Brazilian Office 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 19.7x which is lower than its 3-year average PE of 23.1x.
  • The industry is trading close to its 3-year average PS ratio of 19.1x.
Past Earnings Growth
  • The earnings for companies in the Office REITs industry have grown 22% per year over the last three years.
  • Revenues for these companies have grown 24% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Brazilian Office REITs compare with similar industries?

BR Market0.19%
Real Estate0.07%
REITS0.10%
Office REITs-0.67%
Specialized REITs0.36%
Diversified REITs0.10%
Residential REITs0%
Hotel and Resort REITs0%
Industrial REITs-0.30%
Retail REITs-0.38%
Healthcare REITs-1.27%
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?

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Latest News

BRCR11

R$55.20

Fundo de Investimento Imobiliário - FII BTG Pactual Office Fund

7D

-1.5%

1Y

4.2%