Narrative Update • May 21

The Retail REITs industry is up 1.9% in the last week, with Unibail-Rodamco-Westfield up 2.7%. This takes the industry's 12 month performance to a gain of 12%. Earnings are forecast to grow by 7.0% annually.
Has the French Retail REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 25 May 2026 | €29.0b | €6.3b | €2.9b | 12.9x | 10x | 4.6x |
| Wed, 22 Apr 2026 | €30.3b | €6.3b | €2.9b | 13.2x | 10.5x | 4.8x |
| Fri, 20 Mar 2026 | €28.0b | €6.3b | €2.9b | 12.8x | 9.7x | 4.5x |
| Sun, 15 Feb 2026 | €28.7b | €6.3b | €2.9b | 11.4x | 9.9x | 4.6x |
| Tue, 13 Jan 2026 | €27.9b | €6.3b | €2.4b | 14.4x | 11.7x | 4.4x |
| Thu, 11 Dec 2025 | €27.2b | €6.3b | €2.4b | 14.2x | 11.4x | 4.3x |
| Sat, 08 Nov 2025 | €27.2b | €6.3b | €2.4b | 14.8x | 11.4x | 4.3x |
| Mon, 06 Oct 2025 | €27.3b | €6.3b | €2.4b | 14.9x | 11.4x | 4.3x |
| Wed, 03 Sep 2025 | €26.8b | €6.3b | €2.4b | 14.6x | 11.3x | 4.2x |
| Fri, 01 Aug 2025 | €26.7b | €6.0b | €1.7b | 16.2x | 15.9x | 4.5x |
| Sun, 29 Jun 2025 | €25.7b | €5.9b | €1.7b | 18.3x | 15.3x | 4.3x |
| Tue, 27 May 2025 | €26.2b | €5.9b | €1.7b | 18.6x | 15.6x | 4.4x |
| Thu, 24 Apr 2025 | €24.2b | €5.9b | €1.7b | 19.2x | 14.4x | 4.1x |
| Sat, 22 Mar 2025 | €24.6b | €5.9b | €1.7b | 15.4x | 14.5x | 4.1x |
| Mon, 17 Feb 2025 | €24.9b | €5.9b | €1.7b | 15.4x | 14.8x | 4.2x |
| Wed, 15 Jan 2025 | €22.7b | €5.5b | -€169,888,692.00 | 16.3x | -133.9x | 4.1x |
| Fri, 13 Dec 2024 | €23.0b | €5.5b | -€181,790,692.00 | 16.5x | -126.7x | 4.2x |
| Sun, 10 Nov 2024 | €23.4b | €5.5b | -€181,790,692.00 | 17x | -128.9x | 4.3x |
| Tue, 08 Oct 2024 | €23.8b | €5.5b | -€181,790,692.00 | 18.5x | -131.2x | 4.3x |
| Thu, 05 Sep 2024 | €23.0b | €5.5b | -€231,424,692.00 | 18.7x | -99.2x | 4.2x |
| Sat, 03 Aug 2024 | €21.9b | €5.5b | -€231,409,692.00 | 18.5x | -94.5x | 4x |
| Mon, 01 Jul 2024 | €22.0b | €5.3b | -€1,347,489,692.00 | 26.7x | -16.3x | 4.1x |
| Wed, 29 May 2024 | €23.4b | €5.3b | -€1,349,230,791.00 | 28.1x | -17.3x | 4.4x |
| Fri, 26 Apr 2024 | €22.6b | €5.3b | -€1,349,230,791.00 | 28x | -16.8x | 4.3x |
| Sun, 24 Mar 2024 | €21.7b | €5.3b | -€1,349,189,791.00 | 27.5x | -16.1x | 4.1x |
| Tue, 20 Feb 2024 | €21.1b | €5.3b | -€1,173,764,791.00 | 21.8x | -18x | 4x |
| Thu, 18 Jan 2024 | €20.6b | €5.2b | -€529,942,285.00 | 24.3x | -38.8x | 4x |
| Sat, 16 Dec 2023 | €20.6b | €5.2b | -€529,942,285.00 | 23.7x | -38.9x | 4x |
| Mon, 13 Nov 2023 | €17.6b | €5.2b | -€531,533,000.00 | 20.7x | -33.1x | 3.4x |
| Wed, 11 Oct 2023 | €16.9b | €5.2b | -€531,533,000.00 | 20.1x | -31.9x | 3.3x |
| Fri, 08 Sep 2023 | €18.0b | €5.2b | -€288,033,000.00 | 16.7x | -62.6x | 3.5x |
| Sun, 06 Aug 2023 | €18.1b | €5.2b | -€166,289,000.00 | 12.1x | -108.9x | 3.5x |
| Tue, 04 Jul 2023 | €17.6b | €5.3b | €995.0m | 17x | 17.7x | 3.3x |
| Thu, 01 Jun 2023 | €16.1b | €5.3b | €995.0m | 15.4x | 16.2x | 3x |
16.2x
How does French Retail REITs compare with similar industries?
| FR Market | 1.81% | |
| Real Estate | 0.96% | |
| REITS | 0.18% | |
| Retail REITs | 1.16% | |
| Residential REITs | 3.63% | |
| Office REITs | 1.25% | |
| Industrial REITs | 0.27% | |
| Diversified REITs | 0.18% | |
| Specialized REITs | 0% | 0 |
| Hotel and Resort REITs | 0% | 0 |
| Healthcare REITs | 0% | 0 |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| URW Unibail-Rodamco-Westfield | €97.60 | 1.6% +€227.9m | 22.0% | PB0.8x | |
| LI Klépierre | €34.74 | 1.9% +€183.2m | 1.5% | PB1.1x | |
| MERY Mercialys | €11.96 | 1.9% +€20.5m | 11.6% | PB1.9x | |
| FREY Frey | €34.40 | 0.6% +€6.4m | 23.7% | PB1x | |
| SELER Selectirente | €85.00 | 1.2% +€4.2m | 2.4% | PB0.9x |