Narrative Update • Jun 08

The Retail REITs industry is up 3.9% in the last week, with Klépierre up 5.2%. This means that the industry has gained 15% over the past year. 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 |
|---|---|---|---|---|---|---|
| Sun, 14 Jun 2026 | €30.1b | €6.3b | €2.9b | 13x | 10.4x | 4.7x |
| Tue, 12 May 2026 | €29.6b | €6.3b | €2.9b | 12.9x | 10.2x | 4.7x |
| Thu, 09 Apr 2026 | €29.6b | €6.3b | €2.9b | 12.9x | 10.2x | 4.7x |
| Sat, 07 Mar 2026 | €28.5b | €6.3b | €2.8b | 12.9x | 10.1x | 4.5x |
| Mon, 02 Feb 2026 | €27.3b | €6.3b | €2.4b | 14.4x | 11.5x | 4.3x |
| Wed, 31 Dec 2025 | €27.9b | €6.3b | €2.4b | 14.4x | 11.7x | 4.4x |
| Fri, 28 Nov 2025 | €27.6b | €6.3b | €2.4b | 14.9x | 11.6x | 4.3x |
| Sun, 26 Oct 2025 | €27.4b | €6.3b | €2.4b | 14.8x | 11.5x | 4.3x |
| Tue, 23 Sep 2025 | €27.2b | €6.3b | €2.4b | 14.8x | 11.4x | 4.3x |
| Thu, 21 Aug 2025 | €28.5b | €6.3b | €2.4b | 15.1x | 12x | 4.5x |
| Sat, 19 Jul 2025 | €25.7b | €5.9b | €1.7b | 15.9x | 15.2x | 4.3x |
| Mon, 16 Jun 2025 | €26.2b | €5.9b | €1.7b | 18.7x | 15.6x | 4.4x |
| Wed, 14 May 2025 | €25.1b | €5.9b | €1.7b | 18x | 14.9x | 4.2x |
| Fri, 11 Apr 2025 | €22.4b | €5.9b | €1.7b | 15.4x | 13.3x | 3.8x |
| Sun, 09 Mar 2025 | €24.1b | €5.9b | €1.7b | 15.2x | 14.3x | 4.1x |
| Tue, 04 Feb 2025 | €24.5b | €5.5b | -€169,888,692.00 | 16.6x | -144x | 4.5x |
| Thu, 02 Jan 2025 | €22.7b | €5.5b | -€169,888,692.00 | 16.3x | -133.7x | 4.1x |
| Sat, 30 Nov 2024 | €23.8b | €5.5b | -€181,790,692.00 | 16.9x | -131.1x | 4.3x |
| Mon, 28 Oct 2024 | €24.3b | €5.5b | -€181,790,692.00 | 17.7x | -133.6x | 4.4x |
| Wed, 25 Sep 2024 | €24.3b | €5.5b | -€181,790,692.00 | 19.2x | -133.5x | 4.4x |
| Fri, 23 Aug 2024 | €22.5b | €5.5b | -€231,424,692.00 | 18.6x | -97.2x | 4.1x |
| Sun, 21 Jul 2024 | €22.2b | €5.3b | -€1,347,489,692.00 | 26.8x | -16.5x | 4.2x |
| Tue, 18 Jun 2024 | €21.8b | €5.3b | -€1,349,217,791.00 | 26.8x | -16.1x | 4.1x |
| Thu, 16 May 2024 | €23.3b | €5.3b | -€1,349,230,791.00 | 28x | -17.3x | 4.4x |
| Sat, 13 Apr 2024 | €21.7b | €5.3b | -€1,349,189,791.00 | 27.8x | -16.1x | 4.1x |
| Mon, 11 Mar 2024 | €21.3b | €5.3b | -€1,254,401,791.00 | 24.8x | -17x | 4x |
| Wed, 07 Feb 2024 | €20.6b | €5.2b | -€522,569,791.00 | 23.4x | -39.4x | 4x |
| Fri, 05 Jan 2024 | €20.9b | €5.2b | -€529,942,285.00 | 24x | -39.4x | 4x |
| Sun, 03 Dec 2023 | €19.3b | €5.2b | -€529,942,285.00 | 23x | -36.5x | 3.7x |
| Tue, 31 Oct 2023 | €16.6b | €5.2b | -€531,533,000.00 | 19.1x | -31.3x | 3.2x |
| Thu, 28 Sep 2023 | €16.9b | €5.2b | -€531,533,000.00 | 20.3x | -31.8x | 3.3x |
| Sat, 26 Aug 2023 | €17.6b | €5.2b | -€166,270,000.00 | 12.5x | -105.8x | 3.4x |
| Mon, 24 Jul 2023 | €18.8b | €5.3b | €995.0m | 17.3x | 18.9x | 3.5x |
| Wed, 21 Jun 2023 | €17.0b | €5.3b | €995.0m | 16.7x | 17.1x | 3.2x |
17.1x
How does French Retail REITs compare with similar industries?
| FR Market | 1.81% | |
| Real Estate | 2.36% | |
| REITS | 2.61% | |
| Retail REITs | 3.86% | |
| Diversified REITs | 2.61% | |
| Office REITs | 2.12% | |
| Industrial REITs | 1.60% | |
| Hotel and Resort REITs | 0.44% | |
| Specialized REITs | 0% | 0 |
| Healthcare REITs | 0% | 0 |
| Residential REITs | -5.80% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| LI Klépierre | €36.50 | 5.2% +€515.3m | 9.7% | PB1.1x | |
| URW Unibail-Rodamco-Westfield | €100.70 | 3.0% +€418.2m | 21.6% | PB0.8x | |
| CARM Carmila | €17.08 | 6.4% +€142.3m | 2.4% | PB0.7x | |
| MERY Mercialys | €11.94 | 5.3% +€56.0m | 10.8% | PB1.9x |