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Spanish (IBEX) REITS Industry Analysis
UpdatedFeb 21, 2025
DataAggregated Company Financials
Companies24
- 7D-0.4%
- 3M3.3%
- 1Y11.1%
- YTD4.3%
Over the last 7 days, the REITS industry has remained flat. The past year has been better, since the industry has gained 12% in that time. Earnings are forecast to grow by 27% 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 |
|---|---|---|---|---|---|---|
| Fri, 21 Feb 2025 | €9.0b | €716.6m | €55.6m | 39.7x | 161.7x | 12.5x |
| Sun, 19 Jan 2025 | €8.9b | €715.5m | €56.9m | 39.7x | 157x | 12.5x |
| Tue, 17 Dec 2024 | €8.5b | €707.2m | €54.2m | 39.8x | 156.3x | 12x |
| Thu, 14 Nov 2024 | €8.0b | €695.9m | €18.6m | 42.5x | 431.2x | 11.5x |
| Sat, 12 Oct 2024 | €8.9b | €695.9m | €17.4m | 28.1x | 512.8x | 12.8x |
| Mon, 09 Sep 2024 | €9.1b | €694.7m | €17.1m | 27.8x | 534.5x | 13.1x |
| Wed, 07 Aug 2024 | €8.5b | €695.7m | €17.1m | 27x | 497.3x | 12.2x |
| Fri, 05 Jul 2024 | €7.9b | €721.5m | -€174,527,436.00 | 22.6x | -45.1x | 10.9x |
| Sun, 02 Jun 2024 | €8.1b | €727.7m | -€161,671,083.00 | 21.4x | -49.9x | 11.1x |
| Tue, 30 Apr 2024 | €7.9b | €717.1m | -€8,208,464.00 | 31.2x | -960x | 11x |
| Thu, 28 Mar 2024 | €7.5b | €715.5m | -€8,672,055.00 | 40.3x | -861.6x | 10.4x |
| Sat, 24 Feb 2024 | €7.5b | €810.9m | -€166,647,055.00 | 40.1x | -45.1x | 9.3x |
| Mon, 22 Jan 2024 | €7.5b | €912.7m | -€148,641,314.00 | 26.9x | -50.5x | 8.2x |
| Wed, 20 Dec 2023 | €7.7b | €911.4m | -€148,590,941.00 | 30.7x | -51.9x | 8.5x |
| Fri, 17 Nov 2023 | €7.2b | €911.6m | -€119,247,941.00 | 30.7x | -60.1x | 7.9x |
| Sun, 15 Oct 2023 | €6.8b | €911.7m | -€119,196,004.00 | 30.7x | -56.9x | 7.4x |
| Tue, 12 Sep 2023 | €6.9b | €911.7m | -€119,196,004.00 | 30.7x | -58.2x | 7.6x |
| Thu, 10 Aug 2023 | €7.0b | €911.0m | -€91,572,004.00 | 32.3x | -76.7x | 7.7x |
| Sat, 08 Jul 2023 | €6.7b | €880.1m | €311.8m | 33.8x | 21.6x | 7.7x |
| Mon, 05 Jun 2023 | €6.9b | €878.1m | €309.3m | 29.7x | 22.3x | 7.9x |
| Wed, 03 May 2023 | €6.7b | €856.8m | €305.1m | 20x | 21.8x | 7.8x |
| Fri, 31 Mar 2023 | €6.7b | €837.9m | €298.7m | 23.4x | 22.6x | 8x |
| Sun, 26 Feb 2023 | €17.6b | €1.5b | €1.8b | 27.4x | 9.5x | 11.6x |
| Tue, 24 Jan 2023 | €17.5b | €1.5b | €1.9b | 25.5x | 9.1x | 11.5x |
| Thu, 22 Dec 2022 | €17.0b | €1.6b | €1.9b | 24.3x | 8.7x | 10.8x |
| Sat, 19 Nov 2022 | €17.0b | €1.6b | €1.9b | 23.7x | 8.9x | 10.9x |
| Mon, 17 Oct 2022 | €15.9b | €1.5b | €1.8b | 23.2x | 8.9x | 10.7x |
| Wed, 14 Sep 2022 | €17.5b | €1.5b | €1.8b | 20.7x | 9.8x | 11.8x |
| Fri, 12 Aug 2022 | €18.2b | €1.5b | €1.7b | 20.5x | 10.4x | 12.2x |
| Sun, 10 Jul 2022 | €17.8b | €1.4b | €1.4b | 23.7x | 12.7x | 12.3x |
| Tue, 07 Jun 2022 | €19.1b | €1.6b | €1.4b | 26x | 13.9x | 12x |
| Thu, 05 May 2022 | €18.8b | €1.5b | €1.3b | 27.1x | 14.9x | 12.1x |
| Sat, 02 Apr 2022 | €19.4b | €1.5b | €1.2b | 30.7x | 15.6x | 12.6x |
| Mon, 28 Feb 2022 | €18.9b | €1.5b | €910.9m | 31.5x | 20.8x | 12.4x |
Price to Earnings Ratio
20.8x
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 151x which is higher than its 3-year average PE of -11.9x.
- The 3-year average PS ratio of 10.5x is lower than the industry's current PS ratio of 12.6x.
Past Earnings Growth
- The earnings for companies in the REITs industry have declined 60% 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 | 0.25% | |
| Real Estate | -0.61% | |
| REITS | -0.41% | |
| Retail REITs | 0.0051% | |
| Industrial REITs | 0% | 0 |
| Specialized REITs | 0% | 0 |
| Healthcare REITs | 0% | 0 |
| Hotel and Resort REITs | -0.29% | |
| Diversified REITs | -0.41% | |
| Residential REITs | -1.24% | |
| Office REITs | -2.38% | |
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 27.1%, which is higher than its past year's earnings growth of 16.4% per year.
Forecasted Growth
- Analysts are most optimistic on the Office REITs industry, expecting annual earnings growth of 43% over the next 5 years.
- This is better than its past earnings decline of 15% per year.
- In contrast, the Diversified REITs industry is expected to see its earnings grow by 27% 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 | |
|---|---|---|---|---|---|
| MRL MERLIN Properties SOCIMI | €10.87 | 0.6% +€33.7m | 18.1% | PB0.8x | |
| YIBI Ibi Lion Socimi | €1.05 | 2.9% +€1.9m | -0.9% | n/a | |
| YTRM Torimbia Socimi | €23.60 | 0.9% +€1.0m | -9.2% | n/a | |
| YVIT Vitruvio Real Estate SOCIMI | €14.60 | 0.7% +€918.8k | 7.4% | PB1.2x | |
| YHSP Hispanotels Inversiones Socimi | €7.40 | 0.7% +€557.4k | 27.6% | PB1.5x |