Narrative Update • May 02

Over the last 7 days, the Retail REITs industry has dropped 2.7%, driven by a pullback from Unibail-Rodamco-Westfield of 3.6%. This takes the industry's 12 month performance to a gain of 16%. Looking forward, earnings are forecast to grow by 7.1% annually.
Has the French Retail REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 15 May 2026 | €29.2b | €6.3b | €2.9b | 12.9x | 10.1x | 4.6x |
| Sun, 12 Apr 2026 | €29.8b | €6.3b | €2.9b | 13x | 10.3x | 4.7x |
| Tue, 10 Mar 2026 | €27.6b | €6.3b | €2.9b | 12.6x | 9.5x | 4.4x |
| Thu, 05 Feb 2026 | €27.5b | €6.3b | €2.4b | 14.6x | 11.5x | 4.3x |
| Sat, 03 Jan 2026 | €27.6b | €6.3b | €2.4b | 14.3x | 11.6x | 4.3x |
| Mon, 01 Dec 2025 | €27.6b | €6.3b | €2.4b | 14.9x | 11.6x | 4.4x |
| Wed, 29 Oct 2025 | €27.4b | €6.3b | €2.4b | 14.9x | 11.5x | 4.3x |
| Fri, 26 Sep 2025 | €27.2b | €6.3b | €2.4b | 14.8x | 11.4x | 4.3x |
| Sun, 24 Aug 2025 | €28.6b | €6.3b | €2.4b | 15.1x | 12x | 4.5x |
| Tue, 22 Jul 2025 | €25.7b | €5.9b | €1.7b | 16x | 15.2x | 4.3x |
| Thu, 19 Jun 2025 | €26.4b | €5.9b | €1.7b | 18.7x | 15.7x | 4.5x |
| Sat, 17 May 2025 | €25.8b | €5.9b | €1.7b | 18.8x | 15.3x | 4.4x |
| Mon, 14 Apr 2025 | €22.6b | €5.9b | €1.7b | 15.5x | 13.4x | 3.8x |
| Wed, 12 Mar 2025 | €24.0b | €5.9b | €1.7b | 15.3x | 14.2x | 4x |
| Fri, 07 Feb 2025 | €24.6b | €5.5b | -€169,888,692.00 | 17.2x | -145x | 4.5x |
| Sun, 05 Jan 2025 | €23.0b | €5.5b | -€169,888,692.00 | 16.3x | -135.2x | 4.2x |
| Tue, 03 Dec 2024 | €23.3b | €5.5b | -€181,790,692.00 | 16.9x | -128x | 4.2x |
| Thu, 31 Oct 2024 | €24.1b | €5.5b | -€181,790,692.00 | 17.8x | -132.5x | 4.4x |
| Sat, 28 Sep 2024 | €24.6b | €5.5b | -€181,790,692.00 | 19.2x | -135.4x | 4.5x |
| Mon, 26 Aug 2024 | €22.7b | €5.5b | -€231,424,692.00 | 18.7x | -97.9x | 4.1x |
| Wed, 24 Jul 2024 | €22.0b | €5.3b | -€1,347,489,692.00 | 26.8x | -16.3x | 4.1x |
| Fri, 21 Jun 2024 | €22.4b | €5.3b | -€1,349,217,791.00 | 26.8x | -16.6x | 4.2x |
| Sun, 19 May 2024 | €23.2b | €5.3b | -€1,349,230,791.00 | 28.1x | -17.2x | 4.4x |
| Tue, 16 Apr 2024 | €21.8b | €5.3b | -€1,349,189,791.00 | 27.8x | -16.2x | 4.1x |
| Thu, 14 Mar 2024 | €21.3b | €5.3b | -€1,254,401,791.00 | 24.8x | -17x | 4x |
| Sat, 10 Feb 2024 | €21.1b | €5.3b | -€1,191,069,791.00 | 23x | -17.7x | 4x |
| Mon, 08 Jan 2024 | €20.7b | €5.2b | -€529,942,285.00 | 24x | -39.1x | 4x |
| Wed, 06 Dec 2023 | €19.7b | €5.2b | -€529,942,285.00 | 23x | -37.2x | 3.8x |
| Fri, 03 Nov 2023 | €18.2b | €5.2b | -€531,533,000.00 | 20.6x | -34.2x | 3.5x |
| Sun, 01 Oct 2023 | €17.3b | €5.2b | -€531,533,000.00 | 20.7x | -32.6x | 3.3x |
| Tue, 29 Aug 2023 | €17.8b | €5.2b | -€166,270,000.00 | 12.7x | -106.8x | 3.4x |
| Thu, 27 Jul 2023 | €18.4b | €5.3b | €995.0m | 17.1x | 18.5x | 3.5x |
| Sat, 24 Jun 2023 | €16.7b | €5.3b | €995.0m | 16.3x | 16.8x | 3.1x |
| Mon, 22 May 2023 | €16.2b | €5.3b | €976.9m | 15.8x | 16.6x | 3.1x |
16.6x
How does French Retail REITs compare with similar industries?
| FR Market | -3.48% | |
| Real Estate | -2.71% | |
| REITS | -4.21% | |
| Retail REITs | -2.72% | |
| Specialized REITs | 0% | 0 |
| Healthcare REITs | 0% | 0 |
| Hotel and Resort REITs | -1.32% | |
| Office REITs | -2.16% | |
| Industrial REITs | -2.22% | |
| Residential REITs | -3.94% | |
| Diversified REITs | -4.21% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MERY Mercialys | €11.76 | 0.9% +€9.3m | 12.2% | PB1.8x | |
| FREY Frey | €34.40 | 0.6% +€6.4m | 23.7% | PB1x |