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U.K. (FTSE) Office REITs Industry Analysis

UpdatedDec 17, 2024
DataAggregated Company Financials
Companies7
  • 7D-1.9%
  • 3M-16.1%
  • 1Y-18.8%
  • YTDn/a

Over the last 7 days, the Office REITs industry has dropped 1.9%, driven by a pullback from Derwent London of 3.0%. Overall the industry is down 19% in 12 months. Earnings are forecast to grow by 57% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 18 Dec 2024UK£5.9bUK£1.1b-UK£895,458,000.00n/a-6.6x5.3x
Fri, 15 Nov 2024UK£6.1bUK£1.1b-UK£1,434,412,000.00n/a-4.3x5.6x
Sun, 13 Oct 2024UK£6.7bUK£1.1b-UK£1,434,412,000.00n/a-4.7x6.2x
Tue, 10 Sep 2024UK£6.9bUK£1.1b-UK£1,419,436,000.00n/a-4.8x6.3x
Thu, 08 Aug 2024UK£6.6bUK£1.1b-UK£1,537,922,000.00n/a-4.3x6.2x
Sat, 06 Jul 2024UK£6.5bUK£1.1b-UK£1,537,922,000.00n/a-4.2x6.1x
Mon, 03 Jun 2024UK£5.9bUK£1.1b-UK£1,566,922,000.00n/a-3.7x5.4x
Wed, 01 May 2024UK£5.6bUK£1.1b-UK£1,574,847,000.00n/a-3.5x5.3x
Fri, 29 Mar 2024UK£5.7bUK£1.1b-UK£1,574,847,000.00n/a-3.6x5.4x
Sun, 25 Feb 2024UK£5.5bUK£1.0b-UK£1,670,534,000.00n/a-3.3x5.3x
Tue, 23 Jan 2024UK£5.9bUK£1.0b-UK£1,670,534,000.00n/a-3.5x5.7x
Thu, 21 Dec 2023UK£6.4bUK£1.0b-UK£1,670,534,000.00n/a-3.8x6.1x
Sat, 18 Nov 2023UK£6.0bUK£1.1b-UK£1,376,506,000.00n/a-4.4x5.7x
Mon, 16 Oct 2023UK£5.3bUK£1.1b-UK£1,209,706,000.00n/a-4.4x5x
Wed, 13 Sep 2023UK£5.5bUK£1.1b-UK£1,169,319,000.00n/a-4.7x5.2x
Fri, 11 Aug 2023UK£6.1bUK£1.0b-UK£833,135,000.00n/a-7.3x5.8x
Sun, 09 Jul 2023UK£6.0bUK£1.0b-UK£710,735,000.00n/a-8.5x5.8x
Tue, 06 Jun 2023UK£6.1bUK£992.3m-UK£646,224,000.00n/a-9.5x6.2x
Thu, 04 May 2023UK£6.4bUK£964.2m-UK£269,824,000.0039x-23.7x6.6x
Sat, 01 Apr 2023UK£6.3bUK£918.8m-UK£269,824,000.0037.5x-23.2x6.8x
Mon, 27 Feb 2023UK£6.8bUK£941.7mUK£676.7m8.6x10x7.2x
Wed, 25 Jan 2023UK£6.8bUK£941.7mUK£676.7m9.2x10.1x7.2x
Fri, 23 Dec 2022UK£5.9bUK£801.3mUK£548.7m9.8x10.8x7.4x
Sun, 20 Nov 2022UK£6.2bUK£806.9mUK£697.5m8.2x9x7.7x
Tue, 18 Oct 2022UK£5.3bUK£785.8mUK£665.1m8.2x8x6.7x
Thu, 15 Sep 2022UK£6.2bUK£776.8mUK£654.8m10.1x9.5x8x
Sat, 13 Aug 2022UK£7.2bUK£762.1mUK£634.7m11.5x11.4x9.5x
Mon, 11 Jul 2022UK£7.2bUK£763.1mUK£619.6m12.1x11.6x9.4x
Wed, 08 Jun 2022UK£8.3bUK£785.4mUK£387.9m14.8x21.4x10.6x
Fri, 06 May 2022UK£8.1bUK£787.4mUK£235.8m18.3x34.5x10.3x
Sun, 03 Apr 2022UK£8.7bUK£797.6mUK£235.8m19.4x36.7x10.9x
Tue, 01 Mar 2022UK£8.5bUK£785.2mUK£187.8m32.7x45.3x10.8x
Thu, 27 Jan 2022UK£9.3bUK£817.6m-UK£12,393,000.0073.3x-748.8x11.3x
Sat, 25 Dec 2021UK£9.0bUK£817.6m-UK£12,393,000.0072.1x-728.8x11x
Price to Earnings Ratio

-728.8x


Total Market Cap: UK£9.0bTotal Earnings: -UK£12,393,000.00Total Revenue: UK£817.6mTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Office REITs Industry Price to Earnings3Y Average -44.3x202220232024
Current Industry PE
  • Investors are pessimistic on the British Office REITs industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 7.5x is higher than the industry's current PS ratio of 5.3x.
Past Earnings Growth
  • The earnings for companies in the Office REITs industry have deteriorated over the last three years.
  • Meanwhile revenues for these companies have grown 11% 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 Comparison

How does U.K. Office REITs compare with similar industries?

GB Market-1.18%
Real Estate-2.88%
REITS-2.18%
Office REITs-1.89%
Specialized REITs0%
Hotel and Resort REITs0%
Healthcare REITs-1.63%
Diversified REITs-2.18%
Residential REITs-2.84%
Retail REITs-3.46%
Industrial REITs-3.98%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
GWI Globalworth Real Estate Investments€2.770.7%
+€5.6m
12.1%PB0.5x
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Latest News

WKP

UK£5.05

Workspace Group

7D

-4.5%

1Y

-11.0%

DLN

UK£19.72

Derwent London

7D

-4.3%

1Y

-14.9%

HLCL

UK£1.86

Helical

7D

-1.9%

1Y

-15.2%

RGL

UK£1.18

Regional REIT

7D

-3.1%

1Y

-64.9%

GWI

€2.77

Globalworth Real Estate Investments

7D

0.7%

1Y

12.1%

CLI

UK£0.81

CLS Holdings

7D

-3.2%

1Y

-17.1%