Narrative Update • Jun 23

Over the last 7 days, the Retail REITs industry has remained flat. The past year has been better, since the industry has gained 15% in that time. Looking forward, earnings are forecast to grow by 6.9% annually.
Has the French Retail REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 25 Jun 2026 | €30.3b | €6.3b | €2.9b | 12.7x | 10.4x | 4.8x |
| Sat, 23 May 2026 | €29.0b | €6.3b | €2.9b | 12.9x | 10x | 4.6x |
| Mon, 20 Apr 2026 | €30.8b | €6.3b | €2.9b | 13.3x | 10.6x | 4.9x |
| Wed, 18 Mar 2026 | €28.6b | €6.3b | €2.9b | 12.8x | 9.9x | 4.5x |
| Fri, 13 Feb 2026 | €28.4b | €6.3b | €2.4b | 14.9x | 11.9x | 4.5x |
| Sun, 11 Jan 2026 | €28.0b | €6.3b | €2.4b | 14.5x | 11.7x | 4.4x |
| Tue, 09 Dec 2025 | €27.2b | €6.3b | €2.4b | 14.2x | 11.4x | 4.3x |
| Thu, 06 Nov 2025 | €26.9b | €6.3b | €2.4b | 14.7x | 11.3x | 4.2x |
| Sat, 04 Oct 2025 | €27.3b | €6.3b | €2.4b | 14.9x | 11.4x | 4.3x |
| Mon, 01 Sep 2025 | €27.4b | €6.3b | €2.4b | 14.9x | 11.5x | 4.3x |
| Wed, 30 Jul 2025 | €26.3b | €6.0b | €1.7b | 16.2x | 15.7x | 4.4x |
| Fri, 27 Jun 2025 | €25.7b | €5.9b | €1.7b | 18.2x | 15.3x | 4.3x |
| Sun, 25 May 2025 | €25.9b | €5.9b | €1.7b | 18.5x | 15.4x | 4.4x |
| Tue, 22 Apr 2025 | €24.1b | €5.9b | €1.7b | 19.2x | 14.3x | 4.1x |
| Thu, 20 Mar 2025 | €24.4b | €5.9b | €1.7b | 15.4x | 14.4x | 4.1x |
| Sat, 15 Feb 2025 | €24.9b | €5.6b | €506.3m | 16.4x | 49.2x | 4.5x |
| Mon, 13 Jan 2025 | €23.1b | €5.5b | -€169,888,692.00 | 16.4x | -135.9x | 4.2x |
| Wed, 11 Dec 2024 | €23.0b | €5.5b | -€181,790,692.00 | 16.5x | -126.5x | 4.2x |
| Fri, 08 Nov 2024 | €23.2b | €5.5b | -€181,790,692.00 | 17x | -127.5x | 4.2x |
| Sun, 06 Oct 2024 | €24.1b | €5.5b | -€181,790,692.00 | 18.6x | -132.5x | 4.4x |
| Tue, 03 Sep 2024 | €23.1b | €5.5b | -€231,424,692.00 | 18.6x | -99.6x | 4.2x |
| Thu, 01 Aug 2024 | €22.1b | €5.4b | -€716,009,692.00 | 19.2x | -30.8x | 4.1x |
| Sat, 29 Jun 2024 | €22.0b | €5.3b | -€1,349,217,791.00 | 26.7x | -16.3x | 4.2x |
| Mon, 27 May 2024 | €23.4b | €5.3b | -€1,349,230,791.00 | 28.1x | -17.3x | 4.4x |
| Wed, 24 Apr 2024 | €22.6b | €5.3b | -€1,349,230,791.00 | 28x | -16.8x | 4.3x |
| Fri, 22 Mar 2024 | €21.9b | €5.3b | -€1,349,189,791.00 | 27.5x | -16.2x | 4.1x |
| Sun, 18 Feb 2024 | €21.0b | €5.3b | -€1,173,764,791.00 | 21.7x | -17.9x | 3.9x |
| Tue, 16 Jan 2024 | €20.9b | €5.2b | -€529,942,285.00 | 24.1x | -39.4x | 4x |
| Thu, 14 Dec 2023 | €19.8b | €5.2b | -€529,942,285.00 | 22.9x | -37.3x | 3.8x |
| Sat, 11 Nov 2023 | €17.6b | €5.2b | -€531,533,000.00 | 20.7x | -33.1x | 3.4x |
| Mon, 09 Oct 2023 | €16.9b | €5.2b | -€531,533,000.00 | 20.3x | -31.8x | 3.2x |
| Wed, 06 Sep 2023 | €18.1b | €5.2b | -€288,033,000.00 | 16.6x | -62.8x | 3.5x |
| Fri, 04 Aug 2023 | €17.9b | €5.2b | -€166,289,000.00 | 12x | -107.8x | 3.4x |
| Sun, 02 Jul 2023 | €17.4b | €5.3b | €995.0m | 16.8x | 17.5x | 3.3x |
17.5x
How does French Retail REITs compare with similar industries?
| FR Market | -1.15% | |
| Real Estate | 0.27% | |
| REITS | -2.71% | |
| Retail REITs | 1.62% | |
| Residential REITs | 1.38% | |
| Industrial REITs | 0.97% | |
| Specialized REITs | 0% | 0 |
| Healthcare REITs | 0% | 0 |
| Office REITs | -0.75% | |
| Hotel and Resort REITs | -2.16% | |
| Diversified REITs | -2.71% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| URW Unibail-Rodamco-Westfield | €102.65 | 3.2% +€460.0m | 27.6% | PB0.8x | |
| LI Klépierre | €36.50 | 1.7% +€177.5m | 11.3% | PB1.1x | |
| CARM Carmila | €16.64 | 1.2% +€27.9m | -0.6% | PB0.7x |