Narrative Update • Jun 16

In the last week, the Retail REITs industry is up 1.4%, with Klépierre up 2.3%. This means that the industry has gained 19% over the past year. 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 |
|---|---|---|---|---|---|---|
| Sun, 26 Jul 2026 | €31.2b | €6.3b | €2.9b | 14.4x | 10.8x | 4.9x |
| Tue, 23 Jun 2026 | €29.8b | €6.3b | €2.9b | 12.7x | 10.3x | 4.7x |
| Thu, 21 May 2026 | €28.8b | €6.3b | €2.9b | 12.9x | 9.9x | 4.6x |
| Sat, 18 Apr 2026 | €30.8b | €6.3b | €2.9b | 13.3x | 10.6x | 4.9x |
| Mon, 16 Mar 2026 | €27.7b | €6.3b | €2.9b | 12.8x | 9.5x | 4.4x |
| Wed, 11 Feb 2026 | €28.0b | €6.3b | €2.4b | 14.7x | 11.7x | 4.4x |
| Fri, 09 Jan 2026 | €28.3b | €6.3b | €2.4b | 14.6x | 11.8x | 4.5x |
| Sun, 07 Dec 2025 | €27.0b | €6.3b | €2.4b | 14x | 11.3x | 4.3x |
| Tue, 04 Nov 2025 | €26.8b | €6.3b | €2.4b | 14.6x | 11.2x | 4.2x |
| Thu, 02 Oct 2025 | €27.4b | €6.3b | €2.4b | 14.9x | 11.5x | 4.3x |
| Sat, 30 Aug 2025 | €27.4b | €6.3b | €2.4b | 14.9x | 11.5x | 4.3x |
| Mon, 28 Jul 2025 | €26.2b | €6.0b | €1.7b | 16.2x | 15.6x | 4.4x |
| Wed, 25 Jun 2025 | €26.0b | €5.9b | €1.7b | 18.5x | 15.5x | 4.4x |
| Fri, 23 May 2025 | €25.9b | €5.9b | €1.7b | 18.3x | 15.4x | 4.4x |
| Sun, 20 Apr 2025 | €24.0b | €5.9b | €1.7b | 15.4x | 14.2x | 4.1x |
| Tue, 18 Mar 2025 | €24.5b | €5.9b | €1.7b | 15.4x | 14.5x | 4.1x |
| Thu, 13 Feb 2025 | €24.9b | €5.5b | -€169,888,692.00 | 17.1x | -146.6x | 4.5x |
| Sat, 11 Jan 2025 | €23.1b | €5.5b | -€169,888,692.00 | 16.4x | -135.9x | 4.2x |
| Mon, 09 Dec 2024 | €23.8b | €5.5b | -€181,790,692.00 | 16.8x | -131.2x | 4.3x |
| Wed, 06 Nov 2024 | €23.5b | €5.5b | -€181,790,692.00 | 16.8x | -129.4x | 4.3x |
| Fri, 04 Oct 2024 | €24.0b | €5.5b | -€181,790,692.00 | 18.5x | -131.8x | 4.4x |
| Sun, 01 Sep 2024 | €22.7b | €5.5b | -€231,424,692.00 | 18.3x | -98.2x | 4.1x |
| Tue, 30 Jul 2024 | €21.6b | €5.4b | -€716,009,692.00 | 19.2x | -30.2x | 4x |
| Thu, 27 Jun 2024 | €22.0b | €5.3b | -€1,349,217,791.00 | 26.5x | -16.3x | 4.2x |
| Sat, 25 May 2024 | €23.4b | €5.3b | -€1,349,230,791.00 | 28.1x | -17.3x | 4.4x |
| Mon, 22 Apr 2024 | €22.2b | €5.3b | -€1,349,230,791.00 | 28x | -16.5x | 4.2x |
| Wed, 20 Mar 2024 | €21.4b | €5.3b | -€1,254,401,791.00 | 24.8x | -17.1x | 4x |
| Fri, 16 Feb 2024 | €21.0b | €5.3b | -€1,177,636,791.00 | 22.1x | -17.9x | 4x |
| Sun, 14 Jan 2024 | €20.8b | €5.2b | -€529,942,285.00 | 24.3x | -39.2x | 4x |
| Tue, 12 Dec 2023 | €19.9b | €5.2b | -€529,942,285.00 | 23x | -37.5x | 3.8x |
| Thu, 09 Nov 2023 | €17.6b | €5.2b | -€531,533,000.00 | 20.4x | -33.1x | 3.4x |
| Sat, 07 Oct 2023 | €16.9b | €5.2b | -€531,533,000.00 | 20.3x | -31.8x | 3.2x |
| Mon, 04 Sep 2023 | €18.1b | €5.2b | -€288,033,000.00 | 16.8x | -62.7x | 3.5x |
| Wed, 02 Aug 2023 | €18.2b | €5.2b | -€132,011,000.00 | 12.1x | -138.2x | 3.5x |
-138.2x
How does French Retail REITs compare with similar industries?
| FR Market | -0.24% | |
| Real Estate | 1.38% | |
| REITS | 0.60% | |
| Retail REITs | 1.38% | |
| Industrial REITs | 9.68% | |
| Hotel and Resort REITs | 4.59% | |
| Residential REITs | 0.99% | |
| Diversified REITs | 0.60% | |
| Specialized REITs | 0% | 0 |
| Healthcare REITs | 0% | 0 |
| Office REITs | -0.73% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| LI Klépierre | €38.64 | 2.3% +€246.2m | 16.0% | PB1.2x | |
| URW Unibail-Rodamco-Westfield | €104.85 | 1.2% +€173.1m | 27.2% | PB0.9x | |
| MERY Mercialys | €11.76 | 0.7% +€7.5m | 6.5% | PB1.8x | |
| SELER Selectirente | €83.50 | 0.6% +€2.1m | 3.1% | PB0.9x |