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Spanish (IBEX) REITS Industry Analysis
UpdatedDec 22, 2024
DataAggregated Company Financials
Companies23
- 7D-2.1%
- 3M-9.8%
- 1Y2.6%
- YTD3.1%
Over the last 7 days, the REITS industry has dropped 2.1%, driven by pullbacks from every company within the industry. Over the last year, the industry has been flat overall. Looking forward, earnings are forecast to grow by 33% annually.
Industry Valuation and Performance
Has the Spanish REITS Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 22 Dec 2024 | €8.3b | €707.2m | €54.2m | 39.4x | 154x | 11.8x |
| Tue, 19 Nov 2024 | €8.2b | €708.0m | €51.1m | 39.1x | 160.3x | 11.6x |
| Thu, 17 Oct 2024 | €9.0b | €695.9m | €17.4m | 28.1x | 516x | 12.9x |
| Sat, 14 Sep 2024 | €9.2b | €695.7m | €17.1m | 27.9x | 541x | 13.3x |
| Mon, 12 Aug 2024 | €8.7b | €695.7m | €17.1m | 27x | 509.2x | 12.5x |
| Wed, 10 Jul 2024 | €7.7b | €721.5m | -€174,527,436.00 | 22.6x | -44.4x | 10.7x |
| Fri, 07 Jun 2024 | €8.1b | €726.8m | -€171,214,083.00 | 21.4x | -47.4x | 11.2x |
| Sun, 05 May 2024 | €7.9b | €719.8m | -€3,685,404.00 | 21.4x | -2147x | 11x |
| Tue, 02 Apr 2024 | €7.6b | €716.4m | -€7,622,016.00 | 30.7x | -991.3x | 10.5x |
| Thu, 29 Feb 2024 | €7.3b | €810.9m | -€166,647,055.00 | 40.1x | -44.1x | 9.1x |
| Sat, 27 Jan 2024 | €7.6b | €912.7m | -€148,641,314.00 | 27.2x | -51.4x | 8.4x |
| Mon, 25 Dec 2023 | €7.8b | €911.4m | -€148,590,941.00 | 30.7x | -52.2x | 8.5x |
| Wed, 22 Nov 2023 | €7.2b | €892.8m | -€134,599,941.00 | 30.7x | -53.7x | 8.1x |
| Fri, 20 Oct 2023 | €6.7b | €911.7m | -€119,196,004.00 | 30.7x | -56.1x | 7.3x |
| Sun, 17 Sep 2023 | €6.9b | €911.7m | -€119,196,004.00 | 30.7x | -57.7x | 7.5x |
| Tue, 15 Aug 2023 | €7.0b | €911.0m | -€91,572,004.00 | 32.3x | -76.2x | 7.7x |
| Thu, 13 Jul 2023 | €7.0b | €877.2m | €262.4m | 33.8x | 26.5x | 7.9x |
| Sat, 10 Jun 2023 | €6.9b | €876.3m | €308.5m | 32.8x | 22.5x | 7.9x |
| Mon, 08 May 2023 | €6.6b | €864.7m | €292.8m | 29.5x | 22.4x | 7.6x |
| Wed, 05 Apr 2023 | €6.7b | €837.9m | €298.7m | 23.4x | 22.5x | 8x |
| Fri, 03 Mar 2023 | €17.5b | €1.3b | €527.8m | 28.4x | 33.1x | 13.1x |
| Sun, 29 Jan 2023 | €17.5b | €1.5b | €1.9b | 25.5x | 9.1x | 11.5x |
| Tue, 27 Dec 2022 | €17.0b | €1.6b | €1.9b | 23.7x | 8.7x | 10.8x |
| Thu, 24 Nov 2022 | €17.1b | €1.6b | €1.9b | 22.1x | 8.8x | 10.9x |
| Sat, 22 Oct 2022 | €16.0b | €1.5b | €1.8b | 23.2x | 9x | 10.8x |
| Mon, 19 Sep 2022 | €17.2b | €1.5b | €1.8b | 20.7x | 9.6x | 11.6x |
| Wed, 17 Aug 2022 | €18.2b | €1.5b | €1.8b | 20.5x | 10.2x | 12.3x |
| Fri, 15 Jul 2022 | €17.6b | €1.4b | €1.4b | 23.7x | 12.5x | 12.2x |
| Sun, 12 Jun 2022 | €18.6b | €1.6b | €1.4b | 26x | 13.5x | 11.7x |
| Tue, 10 May 2022 | €18.9b | €1.5b | €1.3b | 27x | 14.8x | 12.2x |
| Thu, 07 Apr 2022 | €19.2b | €1.5b | €1.3b | 27x | 15.3x | 12.4x |
| Sat, 05 Mar 2022 | €18.0b | €1.5b | €1.2b | 31.5x | 15x | 11.8x |
| Mon, 31 Jan 2022 | €18.8b | €1.5b | €584.9m | 30.3x | 32.2x | 12.6x |
| Wed, 29 Dec 2021 | €18.8b | €1.5b | €571.6m | 28.8x | 32.8x | 12.7x |
Price to Earnings Ratio
32.8x
Current Industry PE
- Investors are optimistic on the Spanish REITs industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 154x which is higher than its 3-year average PE of -18.8x.
- The 3-year average PS ratio of 10.5x is lower than the industry's current PS ratio of 11.8x.
Past Earnings Growth
- The earnings for companies in the REITs industry have declined 54% per year over the last three years,
- Revenues have also declined 22% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Spanish Real Estate industry?
| ES Market | -2.18% | |
| Real Estate | -0.89% | |
| REITS | -2.13% | |
| Hotel and Resort REITs | 1.27% | |
| Residential REITs | 0.44% | |
| Industrial REITs | 0% | |
| Specialized REITs | 0% | |
| Healthcare REITs | 0% | |
| Office REITs | -0.68% | |
| Retail REITs | -0.72% | |
| Diversified REITs | -2.13% | |
Industry PE
- Investors are most optimistic about the Diversified REITs industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 32.8%, which is higher than its past year's earnings growth of 13.3% per year.
Forecasted Growth
- Analysts are most optimistic on the Office REITs industry, expecting annual earnings growth of 52% over the next 5 years.
- This is better than its past earnings decline of 8.8% per year.
- In contrast, the Residential REITs industry is expected to see its earnings grow by 9.7% per year over the next few years.
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 | |||||