Narrative Update • May 02

The Retail REITs industry is up 1.0% in the last week, with Unibail-Rodamco-Westfield up 1.8%. In the last 12 months, the industry was up 18%. As for the next few years, earnings are expected to grow by 7.6% per annum.
Has the French Retail REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 08 May 2026 | €30.0b | €6.3b | €2.9b | 13x | 10.3x | 4.7x |
| Sun, 05 Apr 2026 | €28.8b | €6.3b | €2.9b | 12.8x | 9.9x | 4.6x |
| Tue, 03 Mar 2026 | €30.6b | €6.3b | €2.8b | 13.2x | 10.8x | 4.9x |
| Thu, 29 Jan 2026 | €27.4b | €6.3b | €2.4b | 14.4x | 11.5x | 4.3x |
| Sat, 27 Dec 2025 | €27.7b | €6.3b | €2.4b | 14.3x | 11.6x | 4.4x |
| Mon, 24 Nov 2025 | €26.9b | €6.3b | €2.4b | 14.7x | 11.3x | 4.2x |
| Wed, 22 Oct 2025 | €27.0b | €6.3b | €2.4b | 14.8x | 11.3x | 4.3x |
| Fri, 19 Sep 2025 | €27.2b | €6.3b | €2.4b | 14.8x | 11.4x | 4.3x |
| Sun, 17 Aug 2025 | €28.2b | €6.3b | €2.4b | 15x | 11.8x | 4.4x |
| Tue, 15 Jul 2025 | €25.7b | €5.9b | €1.7b | 15.8x | 15.2x | 4.3x |
| Thu, 12 Jun 2025 | €26.5b | €5.9b | €1.7b | 19.1x | 15.7x | 4.5x |
| Sat, 10 May 2025 | €24.9b | €5.9b | €1.7b | 18.1x | 14.8x | 4.2x |
| Mon, 07 Apr 2025 | €23.2b | €5.9b | €1.7b | 15.6x | 13.7x | 3.9x |
| Wed, 05 Mar 2025 | €25.1b | €5.9b | €1.7b | 15.2x | 14.9x | 4.2x |
| Fri, 31 Jan 2025 | €24.0b | €5.5b | -€169,888,692.00 | 16.5x | -141.5x | 4.4x |
| Sun, 29 Dec 2024 | €22.7b | €5.5b | -€169,888,692.00 | 16.5x | -133.6x | 4.1x |
| Tue, 26 Nov 2024 | €23.8b | €5.5b | -€181,790,692.00 | 16.9x | -131x | 4.3x |
| Thu, 24 Oct 2024 | €24.3b | €5.5b | -€181,790,692.00 | 18.2x | -133.8x | 4.4x |
| Sat, 21 Sep 2024 | €24.0b | €5.5b | -€181,790,692.00 | 19.2x | -132.2x | 4.4x |
| Mon, 19 Aug 2024 | €21.9b | €5.5b | -€231,424,692.00 | 18.5x | -94.7x | 4x |
| Wed, 17 Jul 2024 | €22.7b | €5.3b | -€1,347,489,692.00 | 26.8x | -16.8x | 4.3x |
| Fri, 14 Jun 2024 | €23.1b | €5.3b | -€1,349,217,791.00 | 27.3x | -17.1x | 4.4x |
| Sun, 12 May 2024 | €23.1b | €5.3b | -€1,349,230,791.00 | 28x | -17.1x | 4.4x |
| Tue, 09 Apr 2024 | €21.8b | €5.3b | -€1,349,189,791.00 | 28x | -16.2x | 4.1x |
| Thu, 07 Mar 2024 | €20.8b | €5.3b | -€1,249,964,791.00 | 24.8x | -16.6x | 3.9x |
| Sat, 03 Feb 2024 | €20.6b | €5.2b | -€522,569,791.00 | 23.8x | -39.4x | 4x |
| Mon, 01 Jan 2024 | €20.8b | €5.2b | -€529,942,285.00 | 23.8x | -39.2x | 4x |
| Wed, 29 Nov 2023 | €18.5b | €5.2b | -€529,942,285.00 | 23x | -34.9x | 3.6x |
| Fri, 27 Oct 2023 | €16.3b | €5.2b | -€531,533,000.00 | 19.1x | -30.7x | 3.1x |
| Sun, 24 Sep 2023 | €17.8b | €5.2b | -€531,533,000.00 | 21.1x | -33.5x | 3.4x |
| Tue, 22 Aug 2023 | €17.6b | €5.2b | -€166,270,000.00 | 12x | -105.7x | 3.4x |
| Thu, 20 Jul 2023 | €18.7b | €5.3b | €995.0m | 17.1x | 18.8x | 3.5x |
| Sat, 17 Jun 2023 | €17.3b | €5.3b | €995.0m | 16.8x | 17.4x | 3.3x |
| Mon, 15 May 2023 | €16.5b | €5.3b | €976.9m | 15.7x | 16.9x | 3.1x |
16.9x
How does French Retail REITs compare with similar industries?
| FR Market | 3.27% | |
| Real Estate | 1.13% | |
| REITS | 1.71% | |
| Retail REITs | 1.02% | |
| Office REITs | 2.31% | |
| Diversified REITs | 1.71% | |
| Residential REITs | 1.66% | |
| Industrial REITs | 1.47% | |
| Specialized REITs | 0% | 0 |
| Healthcare REITs | 0% | 0 |
| Hotel and Resort REITs | -2.56% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| FREY Frey | €34.20 | 1.2% +€12.7m | 23.0% | PB1x | |
| SELER Selectirente | €84.50 | 1.2% +€4.2m | 3.7% | PB0.9x | |
| CARM Carmila | €17.00 | 0.1% +€2.8m | -8.7% | PB0.7x |