French (CAC) REITS Industry Analysis
UpdatedSep 23, 2023
DataAggregated Company Financials
Companies9
- 7D-3.7%
- 3M-11.3%
- 1Y-13.3%
- YTD-16.2%
Over the last 7 days, the REITS industry has dropped 3.7%, driven by declines from every company within the industry. However, the industry is down 13% over the past year. Looking forward, earnings are forecast to grow by 102% 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 |
|---|---|---|---|---|---|---|
| Sat, 23 Sep 2023 | €4.0b | €2.1b | -€462,513,000.00 | 7.9x | -8.7x | 1.9x |
| Mon, 21 Aug 2023 | €4.1b | €2.1b | -€325,876,000.00 | 8.1x | -12.5x | 1.9x |
| Wed, 19 Jul 2023 | €4.4b | €2.1b | €282.5m | 7.7x | 15.7x | 2.1x |
| Fri, 16 Jun 2023 | €4.7b | €2.1b | €282.5m | 8x | 16.6x | 2.2x |
| Sun, 14 May 2023 | €4.7b | €2.1b | €282.5m | 8.6x | 16.6x | 2.2x |
| Tue, 11 Apr 2023 | €5.0b | €2.1b | €340.1m | 5.7x | 14.7x | 2.3x |
| Thu, 09 Mar 2023 | €42.2b | €10.4b | €3.2b | 9x | 13.1x | 4.1x |
| Sat, 04 Feb 2023 | €42.8b | €10.0b | €5.7b | 8.1x | 7.5x | 4.3x |
| Mon, 02 Jan 2023 | €38.7b | €10.0b | €6.3b | 6.8x | 6.2x | 3.9x |
| Wed, 30 Nov 2022 | €39.4b | €10.0b | €6.3b | 6.7x | 6.3x | 3.9x |
| Fri, 28 Oct 2022 | €37.6b | €10.0b | €6.3b | 6.5x | 6x | 3.7x |
| Sun, 25 Sep 2022 | €35.4b | €10.0b | €6.3b | 6.9x | 5.6x | 3.5x |
| Tue, 23 Aug 2022 | €40.1b | €10.0b | €6.3b | 7.6x | 6.4x | 4x |
| Thu, 21 Jul 2022 | €40.3b | €9.5b | €5.0b | 8.7x | 8.1x | 4.3x |
| Sat, 18 Jun 2022 | €39.8b | €9.7b | €4.6b | 9x | 8.6x | 4.1x |
| Mon, 16 May 2022 | €42.9b | €9.7b | €4.6b | 9.9x | 9.3x | 4.4x |
| Wed, 13 Apr 2022 | €45.0b | €9.7b | €4.6b | 10.9x | 9.8x | 4.6x |
| Fri, 11 Mar 2022 | €43.0b | €9.6b | €4.6b | 10.1x | 9.4x | 4.5x |
| Sun, 06 Feb 2022 | €44.7b | €9.6b | €1.6b | 12x | 28.7x | 4.7x |
| Tue, 04 Jan 2022 | €45.8b | €9.5b | €1.4b | 12.5x | 33.2x | 4.8x |
| Thu, 02 Dec 2021 | €43.4b | €9.5b | €1.4b | 10.9x | 30.3x | 4.5x |
| Sat, 30 Oct 2021 | €45.1b | €9.5b | €1.4b | 11.2x | 31.3x | 4.7x |
| Mon, 27 Sep 2021 | €45.4b | €9.5b | €1.4b | 11.3x | 31.5x | 4.8x |
| Wed, 25 Aug 2021 | €46.8b | €9.5b | €1.4b | 14.2x | 33.6x | 4.9x |
| Thu, 01 Jul 2021 | €46.4b | €9.5b | €1.4b | 14.6x | 33.3x | 4.9x |
| Sun, 04 Apr 2021 | €42.0b | €9.5b | €610.2m | 12.1x | 68.9x | 4.4x |
| Wed, 06 Jan 2021 | €42.0b | €9.4b | -€173,879,252.00 | 11.2x | -241.5x | 4.5x |
| Sat, 10 Oct 2020 | €34.1b | €9.7b | €1.5b | 9.3x | 22.9x | 3.5x |
Price to Earnings Ratio
22.9x
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 4.0x is higher than the industry's current PS ratio of 1.9x.
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 40% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the French Real Estate industry?
| FR Market | -2.86% | |
| Real Estate | -1.70% | |
| REITS | -3.73% | |
| Specialized REITs | 0% | |
| Healthcare REITs | 0% | |
| Retail REITs | -0.92% | |
| Office REITs | -0.99% | |
| Hotel and Resort REITs | -1.13% | |
| Diversified REITs | -3.73% | |
| Residential REITs | -4.55% | |
| Industrial REITs | -4.62% | |
Industry PE
- Investors are most optimistic about the Residential REITs industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 67.2%, which is higher than its past year's earnings decline of 64.0% per year.
Forecasted Growth
- Analysts are most optimistic on the Diversified REITs industry, expecting annual earnings growth of 102% over the next 5 years.
- This is better than its past earnings decline of 18% per year.
- In contrast, the Residential REITs industry is expected to see its earnings grow by 67% 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 | |
|---|---|---|---|---|---|
| No data available | |||||