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U.K. (FTSE) REITS Industry Analysis

UpdatedNov 28, 2022
DataAggregated Company Financials
Companies53
  • 7D-1.1%
  • 3M-11.9%
  • 1Y-27.3%
  • YTD-29.2%

Over the last 7 days, the REITS industry has dropped 1.1%, driven by a pullback from Home Reit of 21%. However, the industry is down 27% over the past year. Earnings are forecast to grow by 7.5% annually.

Industry Valuation and Performance

Has the U.K. REITS Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 28 Nov 2022UK£57.4bUK£6.0bUK£11.3b6.7x5.1x9.6x
Wed, 26 Oct 2022UK£54.9bUK£5.7bUK£13.5b4.8x4.1x9.6x
Fri, 23 Sep 2022UK£57.1bUK£5.6bUK£13.3b6x4.3x10.1x
Sun, 21 Aug 2022UK£68.5bUK£5.7bUK£13.2b6.5x5.2x12.1x
Tue, 19 Jul 2022UK£67.7bUK£5.5bUK£12.2b7.3x5.5x12.3x
Thu, 16 Jun 2022UK£67.8bUK£5.5bUK£11.9b7.9x5.7x12.4x
Sat, 14 May 2022UK£70.5bUK£5.3bUK£8.1b9.5x8.7x13.2x
Mon, 11 Apr 2022UK£78.2bUK£5.4bUK£7.8b10.4x10x14.6x
Wed, 09 Mar 2022UK£71.6bUK£5.4bUK£7.5b12.3x9.5x13.4x
Fri, 04 Feb 2022UK£77.7bUK£5.2bUK£4.3b12.8x18.2x14.9x
Sun, 02 Jan 2022UK£79.9bUK£5.2bUK£4.1b13.3x19.3x15.4x
Tue, 30 Nov 2021UK£76.9bUK£5.2bUK£3.5b12.9x22.2x14.8x
Thu, 28 Oct 2021UK£74.7bUK£5.2bUK£145.6m13.2x512.9x14.4x
Sat, 25 Sep 2021UK£73.4bUK£5.2b-UK£291,464,696.0015.3x-251.9x14.1x
Mon, 23 Aug 2021UK£75.5bUK£5.2b-UK£408,408,152.5616.1x-184.8x14.5x
Sat, 10 Jul 2021UK£68.3bUK£5.2b-UK£408,408,152.5615.2x-167.2x13.1x
Fri, 02 Apr 2021UK£63.9bUK£5.2b-UK£2,051,308,389.5614.5x-31.2x12.4x
Mon, 04 Jan 2021UK£61.9bUK£5.2b-UK£4,152,152,418.3212.2x-14.9x11.9x
Thu, 08 Oct 2020UK£53.3bUK£5.3b-UK£4,878,703,935.1717.4x-10.9x10.1x
Wed, 01 Jul 2020UK£54.3bUK£5.4b-UK£4,150,392,885.4017.1x-13.1x10.1x
Sat, 04 Apr 2020UK£51.7bUK£5.5b-UK£2,054,300,377.1016.7x-25.2x9.4x
Tue, 07 Jan 2020UK£71.6bUK£5.5b-UK£146,155,298.4718x-489.9x12.9x
Price to Earnings Ratio

60.3x


Total Market Cap: UK£68.7bTotal Earnings: UK£1.1bTotal Revenue: UK£5.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. REITS Industry Price to Earnings3Y Average -82.9x202020212022
Current Industry PE
  • Investors are pessimistic on the British REITs industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 5.1x which is higher than its 3-year average PE of -82.9x.
  • The 3-year average PS ratio of 12.7x is higher than the industry's current PS ratio of 9.6x.
Past Earnings Growth
  • The earnings for companies in the REITs industry have grown 115% per year over the last three years.
  • Revenues for these companies have grown 2.9% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

GB Market1.33%
Real Estate-0.96%
REITS-1.13%
Office REITs0.31%
Hotel and Resort REITs0%
Diversified REITs-0.013%
Healthcare REITs-0.26%
Industrial REITs-1.63%
Retail REITs-1.96%
Residential REITs-2.66%
Specialized REITs-3.04%
Industry PE
  • Investors are most optimistic about the Office REITs industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 45.6%, which is lower than the prior year's growth of 275.4% per year.
  • Investors are most pessimistic about the Industrial REITs industry, which is trading below its 3-year average of 8.5x.
Forecasted Growth
  • Analysts are most optimistic on the Office REITs industry, expecting annual earnings growth of 46% over the next 5 years.
  • However this is lower than its past earnings growth rate of 275% per year.
  • In contrast, the Specialized REITs industry is expected to see its earnings decline by 27% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
DLN Derwent LondonUK£24.702.5%
+UK£67.4m
-28.1%PB0.6x
LAND Land Securities GroupUK£6.321.2%
+UK£53.4m
-14.8%PB0.6x
BCPT Balanced Commercial Property TrustUK£0.928.8%
+UK£52.6m
-8.2%PB0.6x
GWI Globalworth Real Estate Investments€4.553.3%
+€32.1m
-23.7%PB0.6x
AGR AssuraUK£0.571.6%
+UK£26.6m
-18.2%PB0.9x
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Latest News

LXI

UK£1.21

LXI REIT

7D

-4.0%

1Y

-19.8%

LMP

UK£1.83

LondonMetric Property

7D

-4.4%

1Y

-32.5%

AGR

UK£0.57

Assura

7D

1.6%

1Y

-18.2%

BYG

UK£11.19

Big Yellow Group

7D

-3.9%

1Y

-30.9%

SUPR

UK£1.06

Supermarket Income REIT

7D

1.0%

1Y

-12.4%

SHB

UK£3.68

Shaftesbury

7D

-6.0%

1Y

-42.1%

PCTN

UK£0.88

Picton Property Income

7D

2.9%

1Y

-11.4%

LAND

UK£6.32

Land Securities Group

7D

1.2%

1Y

-14.8%

GWI

€4.55

Globalworth Real Estate Investments

7D

3.3%

1Y

-23.7%

DLN

UK£24.70

Derwent London

7D

2.5%

1Y

-28.1%

CAPC

UK£1.06

Capital & Counties Properties

7D

-5.0%

1Y

-35.6%

BCPT

UK£0.92

Balanced Commercial Property Trust

7D

8.8%

1Y

-8.2%

BBOX

UK£1.49

Tritax Big Box REIT

7D

-2.6%

1Y

-37.6%

SGRO

UK£8.28

SEGRO

7D

-0.9%

1Y

-40.8%

HOME

UK£0.60

Home Reit

7D

-21.0%

1Y

-49.0%

CAL

UK£0.58

Capital & Regional

7D

11.5%

1Y

-5.2%