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U.K. (FTSE) Office REITs Industry Analysis

UpdatedMay 26, 2022
DataAggregated Company Financials
Companies6
  • 7D-1.9%
  • 3M-3.4%
  • 1Y-13.9%
  • YTD-13.0%

Over the last 7 days, the Office REITs industry has dropped 1.9%, driven by Great Portland Estates declining 5.0%. However, the industry is down 14% over the past year. As for the next few years, earnings are expected to grow by 16% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Sat, 28 May 2022UK£8.2bUK£816.8mUK£387.9m15.3x
Mon, 25 Apr 2022UK£8.5bUK£787.4mUK£235.8m18.5x
Wed, 23 Mar 2022UK£8.5bUK£793.0mUK£221.0m26.9x
Fri, 18 Feb 2022UK£8.8bUK£817.6m-UK£12,393,000.0069.9x
Sun, 16 Jan 2022UK£9.5bUK£817.6m-UK£12,393,000.0074.2x
Tue, 14 Dec 2021UK£9.0bUK£817.6m-UK£12,393,000.0072.2x
Thu, 11 Nov 2021UK£9.2bUK£828.4m-UK£373,653,000.0073.5x
Sat, 09 Oct 2021UK£9.2bUK£828.4m-UK£373,653,000.0072.2x
Mon, 06 Sep 2021UK£9.9bUK£828.6m-UK£373,653,000.0081.9x
Wed, 04 Aug 2021UK£9.7bUK£829.2m-UK£418,627,000.0091.5x
Sat, 08 May 2021UK£9.2bUK£832.9m-UK£514,035,000.00n/a
Tue, 09 Feb 2021UK£8.6bUK£844.7m-UK£533,232,500.00n/a
Mon, 02 Nov 2020UK£7.1bUK£830.7m-UK£287,998,000.00271.5x
Thu, 06 Aug 2020UK£7.6bUK£832.7mUK£97.8m23.7x
Sun, 10 May 2020UK£8.5bUK£848.9mUK£463.4m20.8x
Sat, 01 Feb 2020UK£12.1bUK£836.6mUK£649.4m20.1x
Tue, 05 Nov 2019UK£10.5bUK£822.0mUK£623.6m15.5x
Fri, 09 Aug 2019UK£9.0bUK£803.4mUK£557.0m15.5x
Median PE Ratio

16.6x


Total Market Cap: UK£9.5bTotal Earnings: UK£561.8mTotal Revenue: UK£787.2mTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Office REITs Industry Median PE3Y Average 52.8x202020212022
Current Industry PE
  • Investors are more pessimistic on the 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 15.3x which is lower than its 3-year average PE of 63.4x.
Past Earnings Growth
  • The earnings for companies in the Office REITs industry have declined 12% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

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

GB Market1.04%
Real Estate0.18%
REITS0.30%
Office REITs-1.89%
Specialized REITs4.38%
Healthcare REITs2.35%
Residential REITs0.66%
Diversified REITs0.48%
Industrial REITs0.08%
Hotel and Resort REITs0%
Retail REITs-1.81%
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
WKP Workspace GroupUK£7.176.6%
+UK£85.2m
-20.9%PB0.8x
GPE Great Portland EstatesUK£6.522.1%
+UK£34.2m
-9.6%PB0.8x
DLN Derwent LondonUK£30.220.4%
+UK£13.5m
-12.6%PB0.8x
MCKS McKay SecuritiesUK£2.81-0.4%
UK£2.8m
23.2%PB0.9x
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