Narrative Update • May 02

In the last week, Retail REITs has been flat. As for the the longer term, the industry is up 19% over the past 12 months. As for the next few years, earnings are expected to grow by 7.1% per annum.
Has the French Retail REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 10 May 2026 | €29.6b | €6.3b | €2.9b | 12.9x | 10.2x | 4.7x |
| Tue, 07 Apr 2026 | €28.8b | €6.3b | €2.9b | 12.8x | 9.9x | 4.6x |
| Thu, 05 Mar 2026 | €29.3b | €6.3b | €2.8b | 12.9x | 10.3x | 4.7x |
| Sat, 31 Jan 2026 | €27.3b | €6.3b | €2.4b | 14.4x | 11.5x | 4.3x |
| Mon, 29 Dec 2025 | €27.7b | €6.3b | €2.4b | 14.3x | 11.6x | 4.4x |
| Wed, 26 Nov 2025 | €27.1b | €6.3b | €2.4b | 14.8x | 11.4x | 4.3x |
| Fri, 24 Oct 2025 | €27.5b | €6.3b | €2.4b | 14.9x | 11.5x | 4.3x |
| Sun, 21 Sep 2025 | €27.3b | €6.3b | €2.4b | 14.8x | 11.4x | 4.3x |
| Tue, 19 Aug 2025 | €28.4b | €6.3b | €2.4b | 15.1x | 11.9x | 4.5x |
| Thu, 17 Jul 2025 | €25.4b | €5.9b | €1.7b | 15.7x | 15.1x | 4.3x |
| Sat, 14 Jun 2025 | €26.2b | €5.9b | €1.7b | 18.7x | 15.6x | 4.4x |
| Mon, 12 May 2025 | €24.9b | €5.9b | €1.7b | 18.1x | 14.8x | 4.2x |
| Wed, 09 Apr 2025 | €22.7b | €5.9b | €1.7b | 15.5x | 13.4x | 3.8x |
| Fri, 07 Mar 2025 | €24.0b | €5.9b | €1.7b | 15.2x | 14.3x | 4.1x |
| Sun, 02 Feb 2025 | €24.5b | €5.5b | -€169,888,692.00 | 16.7x | -144x | 4.5x |
| Tue, 31 Dec 2024 | €22.6b | €5.5b | -€169,888,692.00 | 16.3x | -133.3x | 4.1x |
| Thu, 28 Nov 2024 | €23.6b | €5.5b | -€181,790,692.00 | 16.9x | -130.1x | 4.3x |
| Sat, 26 Oct 2024 | €24.3b | €5.5b | -€181,790,692.00 | 17.7x | -133.6x | 4.4x |
| Mon, 23 Sep 2024 | €24.0b | €5.5b | -€181,790,692.00 | 19.2x | -132.3x | 4.4x |
| Wed, 21 Aug 2024 | €22.2b | €5.5b | -€231,424,692.00 | 18.7x | -95.8x | 4x |
| Fri, 19 Jul 2024 | €22.7b | €5.3b | -€1,347,489,692.00 | 26.8x | -16.8x | 4.3x |
| Sun, 16 Jun 2024 | €22.1b | €5.3b | -€1,349,217,791.00 | 26.8x | -16.4x | 4.2x |
| Tue, 14 May 2024 | €23.1b | €5.3b | -€1,349,230,791.00 | 28x | -17.1x | 4.4x |
| Thu, 11 Apr 2024 | €21.7b | €5.3b | -€1,349,189,791.00 | 27.8x | -16.1x | 4.1x |
| Sat, 09 Mar 2024 | €21.3b | €5.3b | -€1,254,401,791.00 | 24.8x | -17x | 4x |
| Mon, 05 Feb 2024 | €20.6b | €5.2b | -€522,569,791.00 | 23.8x | -39.4x | 4x |
| Wed, 03 Jan 2024 | €20.9b | €5.2b | -€529,942,285.00 | 23.9x | -39.5x | 4x |
| Fri, 01 Dec 2023 | €19.0b | €5.2b | -€529,942,285.00 | 22.8x | -35.8x | 3.6x |
| Sun, 29 Oct 2023 | €16.6b | €5.2b | -€531,533,000.00 | 19.2x | -31.2x | 3.2x |
| Tue, 26 Sep 2023 | €17.4b | €5.2b | -€531,533,000.00 | 20.6x | -32.8x | 3.4x |
| Thu, 24 Aug 2023 | €17.6b | €5.2b | -€166,270,000.00 | 12.4x | -106.1x | 3.4x |
| Sat, 22 Jul 2023 | €18.8b | €5.3b | €995.0m | 17.3x | 18.9x | 3.5x |
| Mon, 19 Jun 2023 | €17.3b | €5.3b | €995.0m | 16.8x | 17.4x | 3.3x |
| Wed, 17 May 2023 | €16.3b | €5.3b | €976.9m | 15.9x | 16.7x | 3.1x |
16.7x
How does French Retail REITs compare with similar industries?
| FR Market | 0.50% | |
| Real Estate | -0.45% | |
| REITS | -1.23% | |
| Retail REITs | -0.80% | |
| Office REITs | 0.99% | |
| Industrial REITs | 0.086% | |
| Specialized REITs | 0% | 0 |
| Healthcare REITs | 0% | 0 |
| Hotel and Resort REITs | -0.44% | |
| Diversified REITs | -1.23% | |
| Residential REITs | -1.64% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| LI Klépierre | €34.52 | 0.2% +€17.2m | 4.8% | PB1.1x | |
| FREY Frey | €34.20 | 1.2% +€12.7m | 23.0% | PB1x | |
| SELER Selectirente | €84.50 | 1.2% +€4.2m | 3.0% | PB0.9x |