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Spanish (IBEX) Office REITs Industry Analysis

UpdatedMar 25, 2024
DataAggregated Company Financials
Companies8
  • 7D2.8%
  • 3M-12.6%
  • 1Y-3.9%
  • YTDn/a

In the last week, the Office REITs industry is up 2.7%, with Inmobiliaria Colonial SOCIMI up 4.4%. In the past year, the industry is down 3.3%. Earnings are forecast to grow by 88% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 25 Mar 2024€4.4b€534.1m-€1,037,851,501.0020x-4.3x8.3x
Wed, 21 Feb 2024€4.3b€520.7m-€702,164,501.0020x-6.1x8.3x
Fri, 19 Jan 2024€4.7b€621.6m-€634,586,872.0014.8x-7.5x7.6x
Sun, 17 Dec 2023€5.2b€620.9m-€635,228,147.0015.7x-8.2x8.4x
Tue, 14 Nov 2023€4.6b€620.9m-€635,228,147.0016x-7.3x7.5x
Thu, 12 Oct 2023€4.6b€621.9m-€642,573,095.0016x-7.2x7.4x
Sat, 09 Sep 2023€4.7b€621.9m-€642,573,095.0016x-7.3x7.5x
Mon, 07 Aug 2023€4.6b€625.1m-€592,939,386.0015.6x-7.7x7.3x
Wed, 05 Jul 2023€4.5b€566.1m€138.9m18.7x32.8x8x
Fri, 02 Jun 2023€4.5b€508.2m€110.0m20.2x40.5x8.8x
Sun, 30 Apr 2023€4.6b€500.2m€38.1m30.7x121x9.2x
Tue, 28 Mar 2023€4.5b€500.2m€38.1m30.7x119.2x9.1x
Thu, 23 Feb 2023€5.1b€478.5m€749.1m10.9x6.8x10.6x
Sat, 21 Jan 2023€5.0b€481.3m€819.5m5x6.1x10.3x
Mon, 19 Dec 2022€4.7b€539.7m€849.0m7.9x5.6x8.8x
Wed, 16 Nov 2022€4.7b€530.7m€828.6m8x5.7x8.9x
Fri, 14 Oct 2022€4.1b€472.0m€786.2m4.9x5.2x8.6x
Sun, 11 Sep 2022€4.7b€472.0m€786.2m5.3x6x9.9x
Tue, 09 Aug 2022€5.1b€472.2m€747.5m9.6x6.8x10.8x
Thu, 07 Jul 2022€4.8b€456.0m€545.5m9.4x8.8x10.5x
Sat, 04 Jun 2022€5.6b€564.6m€588.7m10.9x9.5x9.9x
Mon, 02 May 2022€5.9b€560.6m€559.9m18.6x10.6x10.6x
Wed, 30 Mar 2022€6.1b€560.6m€559.9m18.6x10.9x10.9x
Fri, 25 Feb 2022€5.6b€559.1m€258.9m21.8x21.8x10.1x
Sun, 23 Jan 2022€6.0b€560.9m€251.8m21.2x24x10.8x
Tue, 21 Dec 2021€5.9b€558.7m€248.9m23.6x23.7x10.6x
Thu, 18 Nov 2021€6.2b€566.8m€259.1m23.9x23.8x10.9x
Sat, 16 Oct 2021€6.2b€568.3m€271.8m23.9x22.9x10.9x
Mon, 13 Sep 2021€6.4b€571.9m€275.5m17.3x23.1x11.1x
Wed, 11 Aug 2021€6.3b€571.9m€275.5m17.3x23x11.1x
Sun, 06 Jun 2021€6.3b€586.6m€75.8m16.8x83.5x10.8x
Price to Earnings Ratio

77.5x


Total Market Cap: €5.9bTotal Earnings: €75.8mTotal Revenue: €586.6mTotal Market Cap vs Earnings and Revenue0%0%0%
Spanish Office REITs Industry Price to Earnings3Y Average 23x202220232024
Current Industry PE
  • Investors are pessimistic on the Spanish Office REITs industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 9.5x is higher than the industry's current PS ratio of 8.3x.
Past Earnings Growth
  • Total earnings for the Office REITs industry have declined over the last three years, with the industry now making a loss overall.
  • Revenues have also declined 3.1% per year, which is driving profits down.

Industry Comparison

How does Spanish Office REITs compare with similar industries?

ES Market2.78%
Real Estate0.96%
REITS2.32%
Office REITs2.75%
Diversified REITs2.32%
Hotel and Resort REITs0.40%
Retail REITs0.33%
Industrial REITs0%
Specialized REITs0%
Healthcare REITs0%
Residential REITs-0.27%
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
COL Inmobiliaria Colonial SOCIMI€5.354.5%
+€122.3m
-5.1%PB0.6x
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Latest News

COL

€5.35

Inmobiliaria Colonial SOCIMI

7D

4.5%

1Y

-5.1%

ARM

€6.25

Árima Real Estate SOCIMI

7D

-2.3%

1Y

-21.9%