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French (CAC) REITS Industry Analysis
UpdatedNov 23, 2024
DataAggregated Company Financials
Companies13
- 7D-0.8%
- 3M3.3%
- 1Y1.5%
- YTD-5.5%
Over the last 7 days, the REITS industry has dropped 2.8%, driven by a pullback from Covivio of 0.7%. Over the last year, the industry has been flat overall. As for the next few years, earnings are expected to grow by 74% per annum.
Industry Valuation and Performance
Has the French REITS Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 23 Nov 2024 | €9.0b | €3.0b | -€1,713,864,361.00 | 14.9x | -5.2x | 3x |
| Mon, 21 Oct 2024 | €9.4b | €3.0b | -€1,719,313,361.00 | 10.4x | -5.5x | 3.2x |
| Wed, 18 Sep 2024 | €9.7b | €3.0b | -€1,707,325,361.00 | 10x | -5.7x | 3.3x |
| Fri, 16 Aug 2024 | €8.5b | €3.0b | -€1,707,325,361.00 | 10.1x | -4.9x | 2.8x |
| Sun, 14 Jul 2024 | €8.2b | €2.9b | -€2,732,638,361.00 | 11.8x | -3x | 2.8x |
| Tue, 11 Jun 2024 | €9.1b | €2.9b | -€2,729,644,812.00 | 16x | -3.3x | 3.1x |
| Thu, 09 May 2024 | €8.4b | €2.9b | -€2,728,751,812.00 | 13.6x | -3.1x | 2.9x |
| Sat, 06 Apr 2024 | €8.0b | €2.9b | -€2,728,751,812.00 | 13.8x | -2.9x | 2.7x |
| Mon, 04 Mar 2024 | €7.5b | €2.7b | -€2,709,754,812.00 | 11.4x | -2.8x | 2.7x |
| Wed, 31 Jan 2024 | €8.4b | €3.0b | -€1,382,848,812.00 | 10.8x | -6.1x | 2.7x |
| Fri, 29 Dec 2023 | €4.1b | €2.2b | -€500,672,812.00 | 10x | -8.2x | 1.9x |
| Sun, 26 Nov 2023 | €3.9b | €2.1b | -€474,663,812.00 | 9.1x | -8.3x | 1.8x |
| Tue, 24 Oct 2023 | €3.7b | €2.1b | -€462,513,000.00 | 8.2x | -8x | 1.7x |
| Thu, 21 Sep 2023 | €4.1b | €2.1b | -€462,513,000.00 | 8x | -8.8x | 1.9x |
| Sat, 19 Aug 2023 | €4.1b | €2.1b | -€325,876,000.00 | 8.1x | -12.5x | 1.9x |
| Mon, 17 Jul 2023 | €4.4b | €2.1b | €282.5m | 7.8x | 15.7x | 2.1x |
| Wed, 14 Jun 2023 | €4.7b | €2.1b | €282.5m | 8.1x | 16.5x | 2.2x |
| Fri, 12 May 2023 | €4.7b | €2.1b | €282.5m | 8.6x | 16.7x | 2.2x |
| Sun, 09 Apr 2023 | €5.0b | €2.1b | €341.7m | 5.7x | 14.7x | 2.3x |
| Tue, 07 Mar 2023 | €42.8b | €10.4b | €3.2b | 9.4x | 13.4x | 4.1x |
| Thu, 02 Feb 2023 | €41.5b | €10.0b | €5.7b | 7.8x | 7.2x | 4.1x |
| Sat, 31 Dec 2022 | €39.1b | €10.0b | €6.3b | 6.8x | 6.2x | 3.9x |
| Mon, 28 Nov 2022 | €39.5b | €10.0b | €6.3b | 6.7x | 6.3x | 3.9x |
| Wed, 26 Oct 2022 | €37.2b | €10.0b | €6.3b | 6.4x | 5.9x | 3.7x |
| Fri, 23 Sep 2022 | €36.2b | €10.0b | €6.3b | 6.9x | 5.8x | 3.6x |
| Sun, 21 Aug 2022 | €40.5b | €10.0b | €6.3b | 7.8x | 6.5x | 4x |
| Tue, 19 Jul 2022 | €39.2b | €9.7b | €4.6b | 9.9x | 8.5x | 4.1x |
| Thu, 16 Jun 2022 | €39.9b | €9.7b | €4.6b | 9.1x | 8.6x | 4.1x |
| Sat, 14 May 2022 | €42.9b | €9.7b | €4.6b | 9.9x | 9.3x | 4.4x |
| Mon, 11 Apr 2022 | €44.4b | €9.7b | €4.6b | 10.9x | 9.7x | 4.6x |
| Wed, 09 Mar 2022 | €41.1b | €9.6b | €4.6b | 9.6x | 9x | 4.3x |
| Fri, 04 Feb 2022 | €45.8b | €9.6b | €1.6b | 12.1x | 29.4x | 4.8x |
| Sun, 02 Jan 2022 | €45.5b | €9.5b | €1.4b | 12.3x | 33x | 4.8x |
| Tue, 30 Nov 2021 | €43.6b | €9.5b | €1.4b | 10.9x | 30.5x | 4.6x |
Price to Earnings Ratio
30.5x
Current Industry PE
- Investors are relatively neutral on the French 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 PS ratio of 3.3x.
Past Earnings Growth
- Total earnings for the REITs industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 32% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the French Real Estate industry?
| FR Market | -0.31% | |
| Real Estate | 0.42% | |
| REITS | -0.82% | |
| Retail REITs | 2.04% | |
| Specialized REITs | 0% | |
| Healthcare REITs | 0% | |
| Office REITs | -0.32% | |
| Hotel and Resort REITs | -0.80% | |
| Diversified REITs | -0.82% | |
| Industrial REITs | -1.09% | |
| Residential REITs | -2.61% | |
Industry PE
- Investors are most optimistic about the Hotel and Resort REITs industry which is trading above its 3-year average PE ratio.
- 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 86% over the next 5 years.
- This is better than its past earnings growth rate of 60% per year.
- In contrast, the Industrial REITs industry is expected to see its earnings grow by 26% 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 | |
|---|---|---|---|---|---|
| IMDA Immobiliere Dassault | €52.00 | 0.8% +€2.7m | 8.3% | PB0.6x | |
| PAR Paref | €40.40 | 1.0% +€603.3k | -15.5% | PB0.5x |