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Spanish (IBEX) Office REITs Industry Analysis

UpdatedFeb 15, 2026
DataAggregated Company Financials
Companies9
  • 7D-1.1%
  • 3M0.09%
  • 1Y-1.3%
  • YTDn/a

Over the last 7 days, the Office REITs industry has dropped 1.4%, driven by pullbacks from every company within the industry. As for the longer term, the industry's performance has been flat for the past year. In the next few years, earnings are forecast to decline by 10% annually.

Industry Valuation and Performance

Has the Spanish Office REITs Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 15 Feb 2026€5.4b€744.2m€481.3m21.8x11.1x7.2x
Tue, 13 Jan 2026€5.4b€744.2m€481.3m22.2x11.2x7.3x
Thu, 11 Dec 2025€5.3b€744.2m€481.3m22.2x10.9x7.1x
Sat, 08 Nov 2025€5.4b€645.7m€500.8m22.2x10.8x8.4x
Mon, 06 Oct 2025€5.5b€645.7m€500.8m22.2x11x8.5x
Wed, 03 Sep 2025€5.5b€645.6m€487.0m22.6x11.3x8.5x
Fri, 01 Aug 2025€5.6b€625.9m€489.3m22.4x11.5x9x
Sun, 29 Jun 2025€5.8b€719.2m€317.4m22.9x18.1x8x
Tue, 27 May 2025€5.7b€692.0m€304.4m25.1x18.8x8.3x
Thu, 24 Apr 2025€5.0b€653.1m€306.2m22.4x16.5x7.7x
Sat, 22 Mar 2025€4.9b€653.0m€306.3m22.3x16.1x7.5x
Mon, 17 Feb 2025€5.0b€553.9m-€567,243,980.0023.4x-8.8x9x
Wed, 15 Jan 2025€4.7b€553.5m-€567,020,753.0023.2x-8.3x8.5x
Fri, 13 Dec 2024€4.8b€565.6m-€555,422,753.0023.4x-8.6x8.5x
Sun, 10 Nov 2024€5.0b€657.3m-€573,541,655.0023.4x-8.6x7.5x
Tue, 08 Oct 2024€5.3b€645.1m-€585,139,655.0023.3x-9.1x8.3x
Thu, 05 Sep 2024€5.2b€643.3m-€588,910,840.0023.1x-8.9x8.1x
Sat, 03 Aug 2024€4.9b€642.9m-€584,324,052.0023.1x-8.5x7.7x
Mon, 01 Jul 2024€4.5b€543.3m-€990,774,052.0022.8x-4.5x8.3x
Wed, 29 May 2024€4.9b€541.9m-€991,373,056.0023.6x-4.9x9.1x
Fri, 26 Apr 2024€4.5b€536.0m-€1,042,892,523.0023.6x-4.3x8.3x
Sun, 24 Mar 2024€4.4b€534.1m-€1,037,851,501.0020x-4.3x8.3x
Tue, 20 Feb 2024€4.3b€520.7m-€702,164,501.0020x-6.1x8.3x
Thu, 18 Jan 2024€4.8b€621.6m-€634,586,872.0014.8x-7.5x7.7x
Sat, 16 Dec 2023€5.2b€620.9m-€635,228,147.0015.7x-8.2x8.4x
Mon, 13 Nov 2023€4.6b€622.8m-€640,887,147.0016x-7.2x7.4x
Wed, 11 Oct 2023€4.6b€621.9m-€642,573,095.0016x-7.2x7.4x
Fri, 08 Sep 2023€4.7b€621.9m-€642,573,095.0016x-7.3x7.5x
Sun, 06 Aug 2023€4.6b€625.1m-€592,939,386.0015.6x-7.7x7.3x
Tue, 04 Jul 2023€4.6b€564.7m€133.7m25.2x34.3x8.1x
Thu, 01 Jun 2023€4.5b€508.2m€110.0m20x40.6x8.8x
Sat, 29 Apr 2023€4.6b€500.2m€38.1m30.7x121x9.2x
Mon, 27 Mar 2023€160.2m€102.9m€14.7m10.9x10.9x1.6x
Wed, 22 Feb 2023€5.1b€478.5m€749.1m10.9x6.9x10.8x
Price to Earnings Ratio

6.9x


Total Market Cap: €5.1bTotal Earnings: €749.1mTotal Revenue: €478.5mTotal Market Cap vs Earnings and Revenue0%0%0%
Spanish Office REITs Industry Price to Earnings3Y Average 10.8x202420252026
Current Industry PE
  • Investors are relatively neutral on the Spanish Office REITs industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 10.8x.
  • The 3-year average PS ratio of 8.2x is higher than the industry's current PS ratio of 7.2x.
Past Earnings Growth
  • The earnings for companies in the Office REITs industry have declined 14% per year over the last three years.
  • Meanwhile revenues for these companies have grown 16% 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 Comparison

How does Spanish Office REITs compare with similar industries?

ES Market-1.24%
Real Estate1.30%
REITS1.90%
Office REITs-1.13%
Diversified REITs1.90%
Retail REITs1.41%
Hotel and Resort REITs0.95%
Healthcare REITs0%0
Residential REITs-0.08%
Industrial REITs-0.18%
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?

CompanyLast Price7D1YValuation
YLFG Lafinca Global Assets SOCIMI€4.221.0%
+€1.5m
-2.3%PB1.4x