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U.K. (FTSE) Real Estate Sector Analysis

UpdatedFeb 28, 2024
DataAggregated Company Financials
Companies76
  • 7D-2.6%
  • 3M-0.3%
  • 1Y-9.4%
  • YTD-7.7%

The Real Estate industry is down 2.6% over the last week with Land Securities Group the worst performer, down 4.0%. Overall the industry is down 9.4% in 12 months. Looking forward, earnings are forecast to grow by 63% annually.

Sector Valuation and Performance

Has the U.K. Real Estate Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 28 Feb 2024UK£60.8bUK£13.6b-UK£5,821,081,243.6815.5x-10.5x4.5x
Fri, 26 Jan 2024UK£67.6bUK£14.9b-UK£8,585,202,912.0014.6x-7.9x4.5x
Sun, 24 Dec 2023UK£71.1bUK£14.9b-UK£8,436,114,133.0014.1x-8.4x4.8x
Tue, 21 Nov 2023UK£66.9bUK£14.8b-UK£8,335,729,803.0013.4x-8x4.5x
Thu, 19 Oct 2023UK£60.0bUK£14.7b-UK£8,173,495,385.0012.8x-7.3x4.1x
Sat, 16 Sep 2023UK£63.9bUK£14.9b-UK£7,038,295,447.0011.5x-9.1x4.3x
Mon, 14 Aug 2023UK£63.9bUK£14.9b-UK£6,799,645,383.0011.2x-9.4x4.3x
Wed, 12 Jul 2023UK£63.6bUK£14.9b-UK£4,984,354,382.0011.1x-12.8x4.3x
Fri, 09 Jun 2023UK£69.0bUK£15.0b-UK£4,305,633,168.0010.4x-16x4.6x
Sun, 07 May 2023UK£71.1bUK£14.9bUK£1.3b8.4x54.1x4.8x
Tue, 04 Apr 2023UK£68.5bUK£14.8bUK£1.9b7.6x35.5x4.6x
Thu, 02 Mar 2023UK£68.2bUK£14.4bUK£5.1b7.4x13.3x4.8x
Sat, 28 Jan 2023UK£69.9bUK£14.4bUK£12.0b7.5x5.8x4.8x
Mon, 26 Dec 2022UK£64.6bUK£14.4bUK£12.0b7x5.4x4.5x
Wed, 23 Nov 2022UK£67.9bUK£14.4bUK£13.2b7x5.1x4.7x
Fri, 21 Oct 2022UK£60.8bUK£14.3bUK£14.4b6x4.2x4.2x
Sun, 18 Sep 2022UK£72.3bUK£14.4bUK£14.1b7.4x5.1x5x
Tue, 16 Aug 2022UK£83.3bUK£14.4bUK£14.1b8x5.9x5.8x
Thu, 14 Jul 2022UK£79.2bUK£12.4bUK£12.9b8.4x6.2x6.4x
Sat, 11 Jun 2022UK£82.4bUK£13.7bUK£12.7b9.6x6.5x6x
Mon, 09 May 2022UK£83.0bUK£13.4bUK£8.8b10.2x9.4x6.2x
Wed, 06 Apr 2022UK£92.3bUK£13.2bUK£8.5b11x10.8x7x
Fri, 04 Mar 2022UK£86.9bUK£12.6bUK£6.9b12.1x12.7x6.9x
Sun, 30 Jan 2022UK£92.0bUK£12.8bUK£4.5b12.7x20.5x7.2x
Tue, 28 Dec 2021UK£93.9bUK£12.8bUK£4.3b13x21.7x7.4x
Thu, 25 Nov 2021UK£92.6bUK£12.7bUK£3.5b12.9x26.5x7.3x
Sat, 23 Oct 2021UK£89.2bUK£12.7bUK£203.8m13.1x437.6x7x
Mon, 20 Sep 2021UK£88.9bUK£12.6b-UK£321,611,347.0016.9x-276.5x7.1x
Wed, 18 Aug 2021UK£87.9bUK£10.3bUK£97.0m17.4x905.2x8.5x
Wed, 02 Jun 2021UK£80.1bUK£10.2b-UK£1,575,574,561.0516x-50.9x7.9x
Sat, 06 Mar 2021UK£72.4bUK£10.1b-UK£3,767,056,293.1414.6x-19.2x7.2x
Price to Earnings Ratio

-19.2x


Total Market Cap: UK£72.4bTotal Earnings: -UK£3,767,056,293.14Total Revenue: UK£10.1bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Real Estate Sector Price to Earnings3Y Average 95.3x202220232024
Current Industry PE
  • Investors are pessimistic on the British Real Estate industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 6.0x is higher than the industry's current PS ratio of 4.5x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have deteriorated over the last three years.
  • Meanwhile revenues for these companies have grown 10% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has caused losses to expand.

Industry Trends

Which industries have driven the changes within the U.K. Real Estate sector?

GB Market-0.48%
Real Estate-2.56%
Hotel and Resort REITs0%
Health Care REITs-0.22%
Residential REITs-0.90%
Real Estate-2.24%
Industrial REITs-2.41%
Office REITs-2.69%
REITS-3.06%
Retail REITs-4.09%
Specialized REITs-4.67%
Industry PE
  • Investors are most optimistic about the Residential REITs industry which is trading above its 3-year average PE ratio of 17.6x.
    • Analysts are expecting annual earnings growth of 37.4%, which is higher than its past year's earnings decline of 70.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the REITS industry, expecting annual earnings growth of 95% over the next 5 years.
  • This is better than its past earnings decline of 86% per year.
  • In contrast, the Specialized REITs industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
SRE Sirius Real EstateUK£0.872.4%
+UK£27.5m
3.2%PE32.9x
CREI Custodian Property Income REITUK£0.726.5%
+UK£19.4m
-21.1%PB0.8x
RGL Regional REITUK£0.2414.0%
+UK£15.2m
-61.0%PB0.3x
THRL Target Healthcare REITUK£0.793.2%
+UK£14.9m
-0.5%PB0.7x
AGR AssuraUK£0.421.0%
+UK£11.9m
-18.2%PB0.8x
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Latest News

RGL

UK£0.24

Regional REIT

7D

14.0%

1Y

-61.0%

BCPT

UK£0.78

Balanced Commercial Property Trust

7D

2.0%

1Y

-10.9%

THRL

UK£0.79

Target Healthcare REIT

7D

3.2%

1Y

-0.5%

SAFE

UK£7.65

Safestore Holdings

7D

-5.5%

1Y

-24.5%

SGRO

UK£8.49

SEGRO

7D

-1.4%

1Y

3.1%

LAND

UK£6.19

Land Securities Group

7D

-4.0%

1Y

-9.9%

BBOX

UK£1.48

Tritax Big Box REIT

7D

-4.8%

1Y

-1.3%

SRE

UK£0.87

Sirius Real Estate

7D

2.4%

1Y

3.2%

MTVW

UK£100.00

Mountview Estates

7D

3.1%

1Y

-13.0%

SHC

UK£1.24

Shaftesbury Capital

7D

-5.7%

1Y

-2.3%

BLND

UK£3.54

British Land

7D

-4.9%

1Y

-20.8%

CREI

UK£0.72

Custodian Property Income REIT

7D

6.5%

1Y

-21.1%

AGR

UK£0.42

Assura

7D

1.0%

1Y

-18.2%

SOHO

UK£0.58

Triple Point Social Housing REIT

7D

3.0%

1Y

10.2%

IWG

UK£1.87

IWG

7D

-5.5%

1Y

2.0%