Canadian (TSX) Retail REITs Industry Analysis
UpdatedMay 29, 2023
DataAggregated Company Financials
Companies9
- 7D-1.0%
- 3M-9.5%
- 1Y-10.4%
- YTD-7.4%
The Retail REITs industry has stayed flat over the last week. As for the longer term, the industry has declined 10% in the last year. Looking forward, earnings are forecast to grow by 27% annually.
Industry Valuation and Performance
Has the Canadian Retail REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 29 May 2023 | CA$32.3b | CA$5.9b | CA$1.4b | 12.2x | 22.5x | 5.5x |
| Wed, 26 Apr 2023 | CA$34.1b | CA$5.8b | CA$1.8b | 8.4x | 19.4x | 5.8x |
| Fri, 24 Mar 2023 | CA$17.6b | CA$2.8b | CA$740.0m | 20.3x | 23.8x | 6.2x |
| Sun, 19 Feb 2023 | CA$35.8b | CA$5.8b | CA$1.9b | 13.1x | 18.7x | 6.2x |
| Tue, 17 Jan 2023 | CA$36.6b | CA$6.0b | CA$3.0b | 10.3x | 12.1x | 6.1x |
| Thu, 15 Dec 2022 | CA$35.1b | CA$6.0b | CA$3.0b | 9.9x | 11.6x | 5.9x |
| Sat, 12 Nov 2022 | CA$34.7b | CA$6.0b | CA$3.2b | 9.8x | 10.9x | 5.8x |
| Mon, 10 Oct 2022 | CA$30.7b | CA$6.0b | CA$3.1b | 9.7x | 9.8x | 5.1x |
| Wed, 07 Sep 2022 | CA$33.1b | CA$6.0b | CA$3.1b | 10.4x | 10.6x | 5.5x |
| Fri, 05 Aug 2022 | CA$34.4b | CA$5.7b | CA$3.2b | 9.6x | 10.7x | 6.1x |
| Sun, 03 Jul 2022 | CA$33.6b | CA$5.8b | CA$3.5b | 9.4x | 9.7x | 5.8x |
| Tue, 31 May 2022 | CA$36.3b | CA$5.8b | CA$3.5b | 10.3x | 10.5x | 6.3x |
| Thu, 28 Apr 2022 | CA$37.9b | CA$5.7b | CA$2.8b | 8.6x | 13.4x | 6.6x |
| Sat, 26 Mar 2022 | CA$39.2b | CA$5.7b | CA$2.8b | 9.1x | 13.9x | 6.8x |
| Mon, 21 Feb 2022 | CA$37.3b | CA$5.7b | CA$2.6b | 8.8x | 14.6x | 6.5x |
| Wed, 19 Jan 2022 | CA$37.1b | CA$5.5b | CA$2.1b | 15.7x | 17.3x | 6.8x |
| Fri, 17 Dec 2021 | CA$35.0b | CA$5.3b | CA$2.0b | 16.1x | 17.7x | 6.6x |
| Sun, 14 Nov 2021 | CA$36.2b | CA$5.3b | CA$2.0b | 16.5x | 18.3x | 6.8x |
| Tue, 12 Oct 2021 | CA$34.9b | CA$5.3b | CA$1.6b | 17.9x | 21.4x | 6.6x |
| Thu, 09 Sep 2021 | CA$28.7b | CA$5.3b | CA$1.6b | 16.6x | 17.6x | 5.5x |
| Sat, 07 Aug 2021 | CA$28.4b | CA$5.3b | CA$1.6b | 16.5x | 17.4x | 5.4x |
| Fri, 30 Apr 2021 | CA$26.7b | CA$5.2b | CA$462.3m | 39.6x | 57.7x | 5.2x |
| Mon, 01 Feb 2021 | CA$23.0b | CA$5.2b | CA$653.3m | 38x | 35.3x | 4.4x |
| Thu, 05 Nov 2020 | CA$20.1b | CA$5.2b | CA$1.2b | 21.7x | 17.3x | 3.9x |
| Sun, 09 Aug 2020 | CA$20.6b | CA$5.3b | CA$971.6m | 19.7x | 21.2x | 3.9x |
Price to Earnings Ratio
8.9x
Current Industry PE
- Investors are relatively neutral on the Canadian Retail REITs industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 20.8x.
- The industry is trading close to its 3-year average PS ratio of 5.4x.
Past Earnings Growth
- The earnings for companies in the Retail REITs industry have declined 14% per year over the last three years.
- Meanwhile revenues for these companies have grown 2.6% 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, which has decreased profits.
Industry Comparison
How does Canadian Retail REITs compare with similar industries?
| CA Market | -1.96% | |
| Real Estate | -0.88% | |
| REITS | -0.13% | |
| Retail REITs | -0.95% | |
| Specialized REITs | 0.54% | |
| Office REITs | 0.29% | |
| Hotel and Resort REITs | 0.20% | |
| Industrial REITs | -1.02% | |
| Diversified REITs | -1.15% | |
| Residential REITs | -1.36% | |
| Healthcare REITs | -3.18% | |
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 | |
|---|---|---|---|---|---|
| No data available | |||||