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French (CAC) REITS Industry Analysis
UpdatedDec 23, 2024
DataAggregated Company Financials
Companies13
- 7D0.6%
- 3M-12.2%
- 1Y-10.2%
- YTD-10.4%
The REITS industry has stayed flat over the last week. As for the longer term, the industry has declined 10% in the last year. Earnings are forecast to grow by 74% annually.
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 |
|---|---|---|---|---|---|---|
| Mon, 23 Dec 2024 | €8.5b | €3.0b | -€1,713,864,361.00 | 14.6x | -5x | 2.9x |
| Wed, 20 Nov 2024 | €8.9b | €3.0b | -€1,713,864,361.00 | 15.1x | -5.2x | 3x |
| Fri, 18 Oct 2024 | €9.5b | €3.0b | -€1,719,313,361.00 | 10.5x | -5.5x | 3.2x |
| Sun, 15 Sep 2024 | €9.5b | €3.0b | -€1,707,325,361.00 | 9.9x | -5.5x | 3.2x |
| Tue, 13 Aug 2024 | €8.3b | €3.0b | -€1,707,325,361.00 | 9.9x | -4.8x | 2.8x |
| Thu, 11 Jul 2024 | €8.1b | €2.9b | -€2,732,638,361.00 | 11.6x | -3x | 2.8x |
| Sat, 08 Jun 2024 | €9.1b | €2.9b | -€2,729,644,812.00 | 16.2x | -3.3x | 3.1x |
| Mon, 06 May 2024 | €8.3b | €2.9b | -€2,728,751,812.00 | 13.6x | -3x | 2.8x |
| Wed, 03 Apr 2024 | €8.0b | €2.9b | -€2,728,751,812.00 | 13.5x | -2.9x | 2.7x |
| Fri, 01 Mar 2024 | €7.6b | €2.7b | -€2,709,754,812.00 | 11.4x | -2.8x | 2.8x |
| Sun, 28 Jan 2024 | €8.5b | €3.0b | -€1,382,848,812.00 | 10.9x | -6.2x | 2.8x |
| Tue, 26 Dec 2023 | €4.0b | €2.2b | -€500,672,812.00 | 10x | -8.1x | 1.9x |
| Thu, 23 Nov 2023 | €3.9b | €2.1b | -€474,663,812.00 | 9.1x | -8.2x | 1.8x |
| Sat, 21 Oct 2023 | €3.7b | €2.1b | -€462,513,000.00 | 8.4x | -8x | 1.7x |
| Mon, 18 Sep 2023 | €4.2b | €2.1b | -€462,519,000.00 | 8.3x | -9x | 2x |
| Wed, 16 Aug 2023 | €4.2b | €2.1b | -€325,876,000.00 | 8x | -12.8x | 2x |
| Fri, 14 Jul 2023 | €4.5b | €2.1b | €282.5m | 7.7x | 15.9x | 2.1x |
| Sun, 11 Jun 2023 | €4.8b | €2.1b | €282.5m | 8.3x | 16.9x | 2.2x |
| Tue, 09 May 2023 | €4.8b | €2.1b | €282.5m | 8.6x | 17x | 2.2x |
| Thu, 06 Apr 2023 | €4.9b | €2.1b | €341.7m | 5.7x | 14.3x | 2.3x |
| Sat, 04 Mar 2023 | €42.4b | €10.4b | €3.2b | 9.2x | 13.3x | 4.1x |
| Mon, 30 Jan 2023 | €41.8b | €10.0b | €5.7b | 7.9x | 7.3x | 4.2x |
| Wed, 28 Dec 2022 | €38.7b | €10.0b | €6.3b | 6.8x | 6.1x | 3.8x |
| Fri, 25 Nov 2022 | €39.9b | €10.0b | €6.3b | 6.7x | 6.3x | 4x |
| Sun, 23 Oct 2022 | €35.6b | €10.0b | €6.3b | 6x | 5.7x | 3.5x |
| Tue, 20 Sep 2022 | €38.4b | €10.0b | €6.3b | 7.2x | 6.1x | 3.8x |
| Thu, 18 Aug 2022 | €41.3b | €10.0b | €6.3b | 7.8x | 6.6x | 4.1x |
| Sat, 16 Jul 2022 | €39.2b | €9.7b | €4.6b | 9.9x | 8.5x | 4.1x |
| Mon, 13 Jun 2022 | €41.4b | €9.7b | €4.6b | 9.5x | 9x | 4.3x |
| Wed, 11 May 2022 | €42.2b | €9.7b | €4.6b | 10.3x | 9.1x | 4.3x |
| Fri, 08 Apr 2022 | €43.8b | €9.7b | €4.6b | 10.7x | 9.5x | 4.5x |
| Sun, 06 Mar 2022 | €41.8b | €9.6b | €4.6b | 9.7x | 9.1x | 4.4x |
| Tue, 01 Feb 2022 | €46.4b | €9.6b | €1.6b | 12x | 29.7x | 4.8x |
| Thu, 30 Dec 2021 | €45.1b | €9.5b | €1.5b | 10.8x | 30.5x | 4.7x |
Price to Earnings Ratio
30.5x
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 3-year average PS ratio of 3.2x is higher than the industry's current PS ratio of 2.9x.
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 | -1.12% | |
| Real Estate | 0.51% | |
| REITS | 0.55% | |
| Hotel and Resort REITs | 10.22% | |
| Residential REITs | 3.06% | |
| Diversified REITs | 0.55% | |
| Office REITs | 0.40% | |
| Specialized REITs | 0% | |
| Healthcare REITs | 0% | |
| Retail REITs | -0.55% | |
| Industrial REITs | -1.38% | |
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 | |
|---|---|---|---|---|---|
| ICAD Icade | €21.64 | 1.0% +€16.7m | -38.4% | PB0.4x | |
| BLEE Bleecker Société Anonyme | €145.00 | 7.4% +€11.2m | -9.9% | PB0.6x | |
| COV Covivio | €48.78 | 0.2% +€8.9m | 0.6% | PB0.7x | |
| PAT Patrimoine et Commerce | €19.80 | 2.1% +€6.0m | 11.2% | PB0.7x | |
| CBSM Société Centrale des Bois et des Scieries de la Manche | €8.70 | 1.8% +€2.0m | -4.4% | PB0.5x |