Narrative Update • Jun 04

Over the last 7 days, the Office REITs industry has dropped 1.5%, driven by Colonial SFL Socimi S. A declining 3.7%. This takes the industry's 12 month performance to a gain of 3.4%. Earnings are forecast to grow by 7.5% annually.
Has the Spanish Office REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 08 Jun 2026 | €6.2b | €691.4m | €395.2m | 21.6x | 15.7x | 9x |
| Wed, 06 May 2026 | €6.0b | €685.6m | €397.1m | 22x | 15.1x | 8.8x |
| Fri, 03 Apr 2026 | €5.8b | €685.2m | €396.8m | 22.1x | 14.6x | 8.5x |
| Sun, 01 Mar 2026 | €5.8b | €763.6m | €475.6m | 21.8x | 12.2x | 7.6x |
| Tue, 27 Jan 2026 | €5.3b | €744.2m | €481.3m | 21.8x | 11.1x | 7.2x |
| Thu, 25 Dec 2025 | €5.4b | €744.2m | €481.3m | 22.2x | 11.3x | 7.3x |
| Sat, 22 Nov 2025 | €5.2b | €744.2m | €481.3m | 22.2x | 10.9x | 7x |
| Mon, 20 Oct 2025 | €5.5b | €645.7m | €500.8m | 22.2x | 11.1x | 8.6x |
| Wed, 17 Sep 2025 | €5.5b | €645.6m | €487.0m | 22.2x | 11.4x | 8.6x |
| Fri, 15 Aug 2025 | €5.7b | €625.9m | €489.3m | 22.4x | 11.6x | 9x |
| Sun, 13 Jul 2025 | €5.7b | €719.2m | €317.4m | 22.2x | 18x | 7.9x |
| Tue, 10 Jun 2025 | €5.9b | €695.5m | €306.1m | 22.6x | 19.1x | 8.4x |
| Thu, 08 May 2025 | €5.1b | €654.3m | €308.9m | 23.4x | 16.5x | 7.8x |
| Sat, 05 Apr 2025 | €4.9b | €653.1m | €306.2m | 22.4x | 15.9x | 7.5x |
| Mon, 03 Mar 2025 | €5.1b | €530.9m | €304.2m | 22.3x | 16.7x | 9.6x |
| Wed, 29 Jan 2025 | €4.8b | €553.5m | -€567,020,753.00 | 23.2x | -8.5x | 8.7x |
| Fri, 27 Dec 2024 | €4.8b | €565.6m | -€555,422,753.00 | 23.4x | -8.6x | 8.4x |
| Sun, 24 Nov 2024 | €5.0b | €565.6m | -€555,422,753.00 | 23.4x | -9x | 8.8x |
| Tue, 22 Oct 2024 | €5.2b | €645.1m | -€585,139,655.00 | 23.4x | -9x | 8.1x |
| Thu, 19 Sep 2024 | €5.6b | €643.3m | -€588,910,840.00 | 23.1x | -9.4x | 8.6x |
| Sat, 17 Aug 2024 | €5.0b | €643.6m | -€588,910,840.00 | 23.1x | -8.4x | 7.7x |
| Mon, 15 Jul 2024 | €5.1b | €543.3m | -€990,774,052.00 | 23.1x | -5.1x | 9.4x |
| Wed, 12 Jun 2024 | €4.8b | €541.9m | -€991,373,056.00 | 23.6x | -4.9x | 8.9x |
| Fri, 10 May 2024 | €4.6b | €536.4m | -€1,043,164,523.00 | 23.6x | -4.4x | 8.7x |
| Sun, 07 Apr 2024 | €4.3b | €533.9m | -€1,041,630,523.00 | 22.4x | -4.2x | 8.1x |
| Tue, 05 Mar 2024 | €4.2b | €508.2m | -€1,037,024,501.00 | 20x | -4x | 8.2x |
| Thu, 01 Feb 2024 | €4.6b | €518.7m | -€649,251,613.00 | 17.4x | -7x | 8.8x |
| Sat, 30 Dec 2023 | €5.1b | €518.0m | -€649,892,888.00 | 17.9x | -7.8x | 9.8x |
| Mon, 27 Nov 2023 | €4.7b | €518.0m | -€649,892,888.00 | 17.9x | -7.2x | 9.1x |
| Wed, 25 Oct 2023 | €4.3b | €519.0m | -€657,237,836.00 | 18x | -6.5x | 8.3x |
| Fri, 22 Sep 2023 | €4.5b | €519.0m | -€657,237,836.00 | 18x | -6.8x | 8.7x |
| Sun, 20 Aug 2023 | €4.2b | €519.0m | -€657,237,836.00 | 17.9x | -6.4x | 8.1x |
| Tue, 18 Jul 2023 | €4.3b | €511.0m | €132.4m | 20.3x | 32.4x | 8.4x |
| Thu, 15 Jun 2023 | €4.4b | €462.0m | €119.0m | 28.7x | 37.3x | 9.6x |
37.3x
Which industries have driven the changes within the Spanish Real Estate industry?
| ES Market | 0.088% | |
| Real Estate | -0.93% | |
| Office REITs | -1.49% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| YEPSA Emperador Properties SOCIMI | €9.80 | 3.2% +€36.4m | 90.3% | PB3.1x |