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French (CAC) REITS Industry Analysis
UpdatedJan 22, 2025
DataAggregated Company Financials
Companies13
- 7D4.8%
- 3M-6.1%
- 1Y-2.0%
- YTD0.2%
Over the last 7 days, the REITS industry has risen 4.8%, driven by gains from Covivio of 6.9%. Overall in the last year, the industry is flat. As for the next few years, earnings are expected to grow by 86% 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 |
|---|---|---|---|---|---|---|
| Wed, 22 Jan 2025 | €8.7b | €3.0b | -€1,713,864,361.00 | 15x | -5.1x | 2.9x |
| Fri, 20 Dec 2024 | €8.4b | €3.0b | -€1,713,864,361.00 | 14.5x | -4.9x | 2.8x |
| Sun, 17 Nov 2024 | €9.1b | €3.0b | -€1,713,864,361.00 | 15.1x | -5.3x | 3x |
| Tue, 15 Oct 2024 | €9.5b | €3.0b | -€1,719,313,361.00 | 10.4x | -5.5x | 3.2x |
| Thu, 12 Sep 2024 | €9.2b | €3.0b | -€1,707,325,361.00 | 9.9x | -5.4x | 3.1x |
| Sat, 10 Aug 2024 | €8.3b | €3.0b | -€1,707,325,361.00 | 9.9x | -4.9x | 2.8x |
| Mon, 08 Jul 2024 | €8.2b | €2.9b | -€2,732,638,361.00 | 10.8x | -3x | 2.8x |
| Wed, 05 Jun 2024 | €9.3b | €2.9b | -€2,729,644,812.00 | 15.6x | -3.4x | 3.2x |
| Fri, 03 May 2024 | €8.1b | €2.9b | -€2,728,751,812.00 | 13.6x | -3x | 2.8x |
| Sun, 31 Mar 2024 | €8.1b | €2.9b | -€2,714,273,812.00 | 12.4x | -3x | 2.8x |
| Tue, 27 Feb 2024 | €7.8b | €2.7b | -€2,709,754,812.00 | 11.4x | -2.9x | 2.8x |
| Thu, 25 Jan 2024 | €8.6b | €3.0b | -€1,382,848,812.00 | 10.9x | -6.2x | 2.8x |
| Sat, 23 Dec 2023 | €4.0b | €2.2b | -€500,672,812.00 | 10x | -8.1x | 1.9x |
| Mon, 20 Nov 2023 | €3.9b | €2.1b | -€474,663,812.00 | 9.1x | -8.2x | 1.8x |
| Wed, 18 Oct 2023 | €3.8b | €2.1b | -€462,513,000.00 | 8.1x | -8.2x | 1.8x |
| Fri, 15 Sep 2023 | €4.2b | €2.1b | -€462,519,000.00 | 8.3x | -9.1x | 2x |
| Sun, 13 Aug 2023 | €4.4b | €2.1b | -€325,876,000.00 | 8.1x | -13.3x | 2x |
| Tue, 11 Jul 2023 | €4.3b | €2.1b | €282.5m | 7.7x | 15.3x | 2x |
| Thu, 08 Jun 2023 | €4.7b | €2.1b | €282.5m | 8.3x | 16.8x | 2.2x |
| Sat, 06 May 2023 | €4.8b | €2.1b | €282.5m | 8.6x | 16.9x | 2.2x |
| Mon, 03 Apr 2023 | €5.0b | €2.1b | €341.7m | 5.7x | 14.6x | 2.3x |
| Wed, 01 Mar 2023 | €42.2b | €10.4b | €3.2b | 9.2x | 13.2x | 4x |
| Fri, 27 Jan 2023 | €41.6b | €10.0b | €5.7b | 7.8x | 7.2x | 4.1x |
| Sun, 25 Dec 2022 | €38.8b | €10.0b | €6.3b | 6.8x | 6.2x | 3.9x |
| Tue, 22 Nov 2022 | €39.7b | €10.0b | €6.3b | 6.8x | 6.3x | 4x |
| Thu, 20 Oct 2022 | €35.7b | €10.0b | €6.3b | 6.2x | 5.7x | 3.6x |
| Sat, 17 Sep 2022 | €38.8b | €10.0b | €6.3b | 7x | 6.2x | 3.9x |
| Mon, 15 Aug 2022 | €42.6b | €10.0b | €6.3b | 7.6x | 6.8x | 4.2x |
| Wed, 13 Jul 2022 | €38.8b | €9.7b | €4.6b | 9.7x | 8.4x | 4x |
| Fri, 10 Jun 2022 | €42.2b | €9.7b | €4.6b | 9.6x | 9.1x | 4.3x |
| Sun, 08 May 2022 | €42.9b | €9.7b | €4.6b | 10.1x | 9.3x | 4.4x |
| Tue, 05 Apr 2022 | €45.3b | €9.7b | €4.6b | 10.9x | 9.9x | 4.7x |
| Thu, 03 Mar 2022 | €44.5b | €9.6b | €4.3b | 9.7x | 10.3x | 4.6x |
| Sat, 29 Jan 2022 | €46.2b | €9.6b | €1.6b | 12x | 29.6x | 4.8x |
Price to Earnings Ratio
29.6x
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 3.2x.
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 | 4.76% | |
| Real Estate | 2.67% | |
| REITS | 4.83% | |
| Diversified REITs | 4.83% | |
| Retail REITs | 3.11% | |
| Industrial REITs | 2.93% | |
| Office REITs | 2.45% | |
| Specialized REITs | 0% | 0 |
| Hotel and Resort REITs | 0% | 0 |
| Healthcare REITs | 0% | 0 |
| Residential REITs | -0.29% | |
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 164% 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 decline by 15% 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 | |
|---|---|---|---|---|---|
| COV Covivio | €49.82 | 6.9% +€354.6m | 10.4% | PB0.7x | |
| ICAD Icade | €22.44 | 3.0% +€50.0m | -30.4% | PB0.4x | |
| PAT Patrimoine et Commerce | €20.60 | 0.5% +€1.5m | 15.1% | PB0.7x | |
| ATLD Atland SAS | €44.40 | 0.5% +€860.1k | 9.4% | PB1.5x |