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French (CAC) REITS Industry Analysis

UpdatedFeb 20, 2026
DataAggregated Company Financials
Companies16
  • 7D5.3%
  • 3M5.3%
  • 1Y9.6%
  • YTD3.4%

In the last week, the REITS industry is up 5.3%, with Covivio up 8.0%. In the last 12 months, the industry was up 9.6%. As for the next few years, earnings are expected to grow by 20% per annum.

Industry Valuation and Performance

Has the French REITS Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 21 Feb 2026€9.7b€2.9b€371.3m10.3x26.2x3.4x
Mon, 19 Jan 2026€9.2b€2.9b€307.2m10.3x30x3.2x
Wed, 17 Dec 2025€9.2b€2.9b€292.9m10.3x31.4x3.2x
Fri, 14 Nov 2025€9.4b€2.9b€289.4m10.2x32.5x3.3x
Sun, 12 Oct 2025€9.3b€2.9b€291.3m10.3x31.8x3.2x
Tue, 09 Sep 2025€9.3b€2.9b€291.3m10.3x31.9x3.2x
Thu, 07 Aug 2025€9.5b€2.9b€291.2m10x32.8x3.3x
Sat, 05 Jul 2025€9.0b€2.9b-€154,566,345.0013.6x-58.2x3.1x
Mon, 02 Jun 2025€9.2b€2.9b-€135,079,017.0013.3x-68.3x3.2x
Wed, 30 Apr 2025€8.8b€2.9b-€152,025,017.0013.3x-58.1x3x
Fri, 28 Mar 2025€8.7b€2.9b-€166,347,017.0019.8x-52.4x3x
Sun, 23 Feb 2025€8.8b€2.8b-€233,667,361.0019.6x-37.5x3.1x
Tue, 21 Jan 2025€8.7b€3.0b-€1,713,864,361.0015x-5.1x2.9x
Thu, 19 Dec 2024€8.5b€3.0b-€1,713,864,361.0014.5x-5x2.9x
Sat, 16 Nov 2024€9.1b€3.0b-€1,713,864,361.0015.1x-5.3x3x
Mon, 14 Oct 2024€9.5b€3.0b-€1,719,313,361.0010.4x-5.5x3.2x
Wed, 11 Sep 2024€9.2b€3.0b-€1,707,325,361.009.8x-5.4x3.1x
Fri, 09 Aug 2024€8.2b€3.0b-€1,707,325,361.009.9x-4.8x2.8x
Sun, 07 Jul 2024€8.2b€2.9b-€2,732,638,361.0010.8x-3x2.8x
Tue, 04 Jun 2024€9.1b€2.9b-€2,729,644,812.0015.2x-3.3x3.1x
Thu, 02 May 2024€8.0b€2.9b-€2,728,751,812.0013.5x-2.9x2.7x
Sat, 30 Mar 2024€8.1b€2.9b-€2,714,273,812.0012.4x-3x2.8x
Mon, 26 Feb 2024€7.9b€2.8b-€2,709,754,812.0011.3x-2.9x2.9x
Wed, 24 Jan 2024€8.4b€3.0b-€1,382,848,812.0010.9x-6.1x2.8x
Fri, 22 Dec 2023€4.1b€2.2b-€500,672,812.0010x-8.1x1.9x
Sun, 19 Nov 2023€3.9b€2.1b-€474,663,812.009.1x-8.2x1.8x
Tue, 17 Oct 2023€3.8b€2.1b-€462,513,000.008.1x-8.2x1.8x
Thu, 14 Sep 2023€4.1b€2.1b-€462,519,000.008.4x-9x2x
Sat, 12 Aug 2023€4.4b€2.1b-€325,876,000.008.1x-13.3x2x
Mon, 10 Jul 2023€4.3b€2.1b€282.5m7.6x15.3x2x
Wed, 07 Jun 2023€4.7b€2.1b€282.5m8.4x16.6x2.2x
Fri, 05 May 2023€4.8b€2.1b€282.5m8.6x16.9x2.2x
Sun, 02 Apr 2023€5.0b€2.1b€341.7m5.7x14.6x2.3x
Tue, 28 Feb 2023€42.3b€10.4b€3.2b9.2x13.2x4.1x
Price to Earnings Ratio

13.2x


Total Market Cap: €42.3bTotal Earnings: €3.2bTotal Revenue: €10.4bTotal Market Cap vs Earnings and Revenue0%0%0%
French REITS Industry Price to Earnings3Y Average -2.5x202420252026
Current Industry PE
  • Investors are pessimistic on the French 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 26.2x which is higher than its 3-year average PE of -2.5x.
  • The 3-year average PS ratio of 2.8x is lower than the industry's current PS ratio of 3.4x.
Past Earnings Growth
  • The earnings for companies in the REITs industry have declined 51% per year over the last three years,
  • Revenues have also declined 35% 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 French Real Estate industry?

FR Market0.52%
Real Estate3.31%
REITS5.29%
Diversified REITs5.29%
Retail REITs4.49%
Residential REITs2.42%
Industrial REITs1.91%
Office REITs0.033%
Specialized REITs0%0
Healthcare REITs0%0
Hotel and Resort REITs-0.86%
Industry PE
  • Investors are most optimistic about the Healthcare REITs industry which is trading above its 3-year average PE ratio of 19.8x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Residential REITs industry, expecting annual earnings growth of 62% over the next 5 years.
  • However this is lower than its past earnings growth rate of 167% per year.
  • In contrast, the Industrial REITs industry is expected to see its earnings decline by 12% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
COV Covivio€59.359.7%
+€581.2m
15.4%PB0.8x
ICAD Icade€21.423.4%
+€53.1m
0.2%PB0.4x
PAR Paref€29.201.4%
+€606.2k
-23.2%PB0.4x