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German (DAX) REITS Industry Analysis

UpdatedDec 07, 2022
DataAggregated Company Financials
Companies5
  • 7D-1.2%
  • 3M-14.5%
  • 1Y-49.4%
  • YTD-49.7%

Over the last 7 days, the REITS industry has dropped 1.2%, driven by a pullback from PREOS Global Office Real Estate & Technology of 8.7%. However, the industry is down 49% over the past year. As for the next few years, earnings are forecast to decline by 1.4% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 08 Dec 2022€2.6b€488.4m€306.4m6.4x8.6x5.4x
Sat, 05 Nov 2022€3.0b€490.0m€335.7m7.2x8.8x6x
Mon, 03 Oct 2022€2.8b€490.0m€335.7m6.4x8.2x5.6x
Wed, 31 Aug 2022€3.9b€489.1m€336.7m8.9x11.5x7.9x
Fri, 29 Jul 2022€3.8b€431.2m€357.0m8.8x10.6x8.8x
Sun, 26 Jun 2022€3.6b€431.2m€357.0m8.6x10.2x8.5x
Tue, 24 May 2022€4.1b€431.2m€357.0m10.1x11.4x9.5x
Thu, 21 Apr 2022€4.1b€430.2m€370.5m9.8x11x9.5x
Sat, 19 Mar 2022€4.6b€479.5m€483.1m11.1x9.5x9.6x
Mon, 14 Feb 2022€5.4b€473.5m€525.2m11.9x10.3x11.4x
Wed, 12 Jan 2022€5.9b€489.2m€515.3m13.7x11.5x12.1x
Fri, 10 Dec 2021€5.9b€476.4m€508.0m13.7x11.7x12.4x
Sun, 07 Nov 2021€6.2b€500.2m€498.8m13.6x12.4x12.4x
Tue, 05 Oct 2021€5.3b€500.2m€498.8m11x10.6x10.6x
Thu, 02 Sep 2021€5.2b€488.8m€572.6m8.7x9.1x10.7x
Sat, 31 Jul 2021€5.6b€488.8m€572.6m10.1x9.7x11.4x
Tue, 04 May 2021€5.0b€484.1m€332.8m14.7x15.1x10.4x
Fri, 05 Feb 2021€5.4b€481.5m€315.0m15x17.2x11.2x
Mon, 09 Nov 2020€5.4b€475.7m€433.3m14.4x12.5x11.4x
Sun, 02 Aug 2020€5.3b€472.4m€420.8m14.8x12.6x11.2x
Wed, 06 May 2020€5.2b€463.9m€750.2m11.4x6.9x11.1x
Sat, 08 Feb 2020€5.9b€452.1m€782.7m9.9x7.5x13x
Price to Earnings Ratio

7x


Total Market Cap: €5.5bTotal Earnings: €782.7mTotal Revenue: €452.1mTotal Market Cap vs Earnings and Revenue0%0%0%
German REITS Industry Price to Earnings3Y Average 11.1x20212022
Current Industry PE
  • Investors are pessimistic on the German 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 8.6x which is lower than its 3-year average PE of 11.1x.
  • The 3-year average PS ratio of 10.5x is higher than the industry's current PS ratio of 5.4x.
Past Earnings Growth
  • The earnings for companies in the REITs industry have declined 27% 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 Trends

Which industries have driven the changes within the German Real Estate industry?

DE Market0.065%
Real Estate-1.43%
REITS-1.24%
Industrial REITs0%
Residential REITs0%
Specialized REITs0%
Hotel and Resort REITs0%
Healthcare REITs0%
Office REITs-1.03%
Retail REITs-1.62%
Diversified REITs-1.75%
Industry PE
  • Investors are most optimistic about the Office REITs industry even though it's trading below its 3-year average PE ratio of 11.2x.
    • Analysts are expecting annual earnings decline of 0.2%, which is less than its past year's earnings decline of 19.9%.
  • Investors are most pessimistic about the Diversified REITs industry, which is trading below its 3-year average of 12.3x.
Forecasted Growth
  • Despite it being negative, analysts are least pessimistic on the Office REITs industry since they expect its earnings to decline by only 0.2% per year over the next 5 years, which isn't as bad as the other industries.
  • In contrast, the Retail REITs industry is expected to see its earnings decline by 3.2% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
AOX alstria office REIT-AG€7.390.9%
+€11.6m
-62.1%PB0.5x
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Latest News

HABA

€7.01

Hamborner REIT

7D

-3.4%

1Y

-26.4%

AOX

€7.39

alstria office REIT-AG

7D

0.9%

1Y

-62.1%

FVI

€5.50

Fair Value REIT-AG

7D

-3.5%

1Y

-25.2%

PAG

€3.45

PREOS Global Office Real Estate & Technology

7D

-5.0%

1Y

0.3%

DKG

€7.68

Deutsche Konsum REIT-AG

7D

-0.3%

1Y

-45.5%