Spanish (IBEX) Diversified REITs Industry Analysis
UpdatedJan 27, 2023
DataAggregated Company Financials
Companies19
- 7D1.2%
- 3M3.5%
- 1Y-8.6%
- YTD0.7%
Over the last 7 days, the Diversified REITs industry has dropped 1.6%, driven by MERLIN Properties SOCIMI declining 2.6%. However, the industry is down 5.4% over the past year. As for the next few years, earnings are forecast to decline by 17% per annum.
Industry Valuation and Performance
Has the Spanish Diversified REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 27 Jan 2023 | €7.0b | €795.2m | €916.6m | 23.6x | 7.6x | 8.8x |
| Sun, 25 Dec 2022 | €6.9b | €790.2m | €919.8m | 20.1x | 7.5x | 8.7x |
| Tue, 22 Nov 2022 | €7.0b | €788.5m | €913.0m | 20.1x | 7.7x | 8.9x |
| Thu, 20 Oct 2022 | €6.4b | €769.5m | €836.8m | 20.1x | 7.7x | 8.3x |
| Sat, 17 Sep 2022 | €7.1b | €769.5m | €836.8m | 20.1x | 8.5x | 9.2x |
| Mon, 15 Aug 2022 | €7.5b | €769.5m | €836.8m | 20.1x | 9x | 9.8x |
| Wed, 13 Jul 2022 | €7.3b | €740.5m | €693.6m | 20.1x | 10.5x | 9.8x |
| Fri, 10 Jun 2022 | €7.7b | €775.9m | €628.2m | 40.7x | 12.3x | 10x |
| Sun, 08 May 2022 | €7.6b | €767.3m | €584.1m | 45.3x | 12.9x | 9.9x |
| Tue, 05 Apr 2022 | €8.1b | €766.6m | €583.7m | 45.6x | 13.9x | 10.6x |
| Thu, 03 Mar 2022 | €7.6b | €752.8m | €546.6m | 46.5x | 13.9x | 10.1x |
| Sat, 29 Jan 2022 | €7.6b | €711.5m | €233.3m | 46.2x | 32.4x | 10.6x |
| Mon, 27 Dec 2021 | €7.3b | €698.5m | €233.5m | 36.1x | 31.3x | 10.4x |
| Wed, 24 Nov 2021 | €7.6b | €684.6m | €223.1m | 60.1x | 33.9x | 11x |
| Fri, 22 Oct 2021 | €7.3b | €687.8m | €175.6m | 69.5x | 41.8x | 10.7x |
| Sun, 19 Sep 2021 | €6.6b | €692.7m | €133.9m | 69.5x | 49.6x | 9.6x |
| Tue, 17 Aug 2021 | €7.0b | €721.8m | €151.3m | 47.2x | 46x | 9.6x |
| Tue, 01 Jun 2021 | €6.8b | €695.6m | €49.0m | 60x | 139.3x | 9.8x |
| Fri, 05 Mar 2021 | €6.4b | €704.4m | €37.2m | 62.7x | 170.9x | 9x |
| Mon, 07 Dec 2020 | €6.0b | €756.3m | €430.2m | 26.8x | 14x | 8x |
| Thu, 10 Sep 2020 | €5.8b | €732.1m | €535.1m | 17.8x | 10.9x | 8x |
| Wed, 03 Jun 2020 | €5.9b | €776.5m | €811.9m | 18.2x | 7.3x | 7.6x |
| Sat, 07 Mar 2020 | €8.0b | €777.8m | €892.5m | 16.4x | 9x | 10.3x |
Price to Earnings Ratio
9.6x
Current Industry PE
- Investors are pessimistic on the Spanish Diversified 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 7.7x which is lower than its 3-year average PE of 39.8x.
- The industry is trading close to its 3-year average PS ratio of 9.2x.
Past Earnings Growth
- Both revenue and earnings for companies in the Diversified REITs industry have remained mostly flat over the last three years.
- This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.
Industry Comparison
How does Spanish Diversified REITs compare with similar industries?
| ES Market | 2.49% | |
| Real Estate | 1.08% | |
| REITS | 0.99% | |
| Diversified REITs | 1.20% | |
| Office REITs | 1.91% | |
| Industrial REITs | 0% | |
| Residential REITs | 0% | |
| Retail REITs | 0% | |
| Specialized REITs | 0% | |
| Hotel and Resort REITs | -0.71% | |
| Healthcare REITs | -0.94% | |
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 | |
|---|---|---|---|---|---|
| MRL MERLIN Properties SOCIMI | €8.98 | 1.8% +€74.9m | -9.8% | PB0.6x | |
| LRE Lar España Real Estate SOCIMI | €4.62 | 2.0% +€7.5m | -13.2% | PB0.4x | |
| YIBI Ibi Lion Socimi | €1.15 | 0.9% +€425.1k | n/a | n/a |