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U.K. (FTSE) Office REITs Industry Analysis

UpdatedFeb 21, 2024
DataAggregated Company Financials
Companies7
  • 7D1.2%
  • 3M-4.8%
  • 1Y-24.6%
  • YTDn/a

Over the last 7 days, the Office REITs industry has remained flat. Unfortunately though, the industry is down 25% over the past 12 months. Looking forward, earnings are forecast to grow by 90% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 22 Feb 2024UK£5.6bUK£1.0b-UK£1,670,534,000.00n/a-3.3x5.4x
Sat, 20 Jan 2024UK£5.8bUK£1.0b-UK£1,670,534,000.00n/a-3.5x5.6x
Mon, 18 Dec 2023UK£6.2bUK£1.0b-UK£1,670,534,000.00n/a-3.7x6x
Wed, 15 Nov 2023UK£6.2bUK£1.1b-UK£1,209,706,000.00n/a-5.1x5.8x
Fri, 13 Oct 2023UK£5.4bUK£1.1b-UK£1,209,706,000.00n/a-4.5x5.1x
Sun, 10 Sep 2023UK£5.7bUK£1.1b-UK£1,169,319,000.00n/a-4.9x5.4x
Tue, 08 Aug 2023UK£6.2bUK£1.0b-UK£710,735,000.00n/a-8.8x6x
Thu, 06 Jul 2023UK£6.3bUK£1.0b-UK£710,735,000.00n/a-8.8x6x
Sat, 03 Jun 2023UK£6.2bUK£949.1m-UK£646,224,000.00n/a-9.5x6.5x
Mon, 01 May 2023UK£6.5bUK£964.2m-UK£269,824,000.0039.6x-24.1x6.7x
Wed, 29 Mar 2023UK£6.0bUK£914.6m-UK£164,808,000.007.5x-36.2x6.5x
Fri, 24 Feb 2023UK£6.8bUK£941.7mUK£676.7m8.6x10x7.2x
Sun, 22 Jan 2023UK£6.8bUK£941.7mUK£676.7m9.2x10.1x7.2x
Tue, 20 Dec 2022UK£5.9bUK£801.3mUK£548.7m9.8x10.8x7.4x
Thu, 17 Nov 2022UK£6.3bUK£806.9mUK£697.5m8.4x9x7.8x
Sat, 15 Oct 2022UK£5.3bUK£785.8mUK£665.1m8.2x8x6.7x
Mon, 12 Sep 2022UK£6.3bUK£776.8mUK£654.8m10.2x9.6x8.1x
Wed, 10 Aug 2022UK£7.1bUK£763.1mUK£619.6m12.2x11.5x9.4x
Fri, 08 Jul 2022UK£7.2bUK£763.1mUK£619.6m12.1x11.6x9.4x
Sun, 05 Jun 2022UK£8.2bUK£785.4mUK£387.9m14.9x21.2x10.5x
Tue, 03 May 2022UK£8.3bUK£787.4mUK£235.8m18.1x35.2x10.5x
Thu, 31 Mar 2022UK£8.8bUK£797.6mUK£235.8m19.4x37.5x11.1x
Sat, 26 Feb 2022UK£8.4bUK£817.6m-UK£12,393,000.0065.9x-678.8x10.3x
Mon, 24 Jan 2022UK£9.4bUK£817.6m-UK£12,393,000.0074.6x-760.7x11.5x
Wed, 22 Dec 2021UK£9.0bUK£817.6m-UK£12,393,000.0071.5x-723.4x11x
Fri, 19 Nov 2021UK£9.3bUK£812.6m-UK£229,393,000.0053.4x-40.5x11.4x
Sun, 17 Oct 2021UK£9.3bUK£828.4m-UK£373,653,000.0073.7x-25x11.3x
Tue, 14 Sep 2021UK£9.7bUK£828.6m-UK£373,653,000.0079.4x-25.9x11.7x
Thu, 12 Aug 2021UK£9.8bUK£829.2m-UK£418,627,000.0088.5x-23.5x11.8x
Mon, 07 Jun 2021UK£9.5bUK£832.9m-UK£514,035,000.00n/a-18.5x11.4x
Sun, 28 Feb 2021UK£8.9bUK£844.7m-UK£533,232,500.00n/a-16.6x10.5x
Price to Earnings Ratio

-16.6x


Total Market Cap: UK£8.9bTotal Earnings: -UK£533,232,500.00Total Revenue: UK£844.7mTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Office REITs Industry Price to Earnings3Y Average -67.4x202220232024
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 9.0x is higher than the industry's current PS ratio of 5.4x.
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 7.2% 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 Market2.34%
Real Estate2.10%
REITS1.89%
Office REITs1.17%
Industrial REITs4.85%
Diversified REITs1.89%
Retail REITs1.88%
Residential REITs1.36%
Specialized REITs0%
Hotel and Resort REITs0%
Healthcare REITs-1.28%
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
DLN Derwent LondonUK£19.651.2%
+UK£25.8m
-22.9%PB0.6x
GWI Globalworth Real Estate Investments€2.912.8%
+€20.2m
6.8%PB0.4x
HLCL HelicalUK£1.986.9%
+UK£15.8m
-43.4%PB0.5x
CLI CLS HoldingsUK£0.932.9%
+UK£10.3m
-36.6%PB0.3x
RGL Regional REITUK£0.229.2%
+UK£9.5m
-63.9%PB0.3x
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Latest News

CLI

UK£0.93

CLS Holdings

7D

2.9%

1Y

-36.6%

DLN

UK£19.65

Derwent London

7D

1.2%

1Y

-22.9%

RGL

UK£0.22

Regional REIT

7D

9.2%

1Y

-63.9%

HLCL

UK£1.98

Helical

7D

6.9%

1Y

-43.4%

GWI

€2.91

Globalworth Real Estate Investments

7D

2.8%

1Y

6.8%

GPE

UK£3.70

Great Portland Estates

7D

-0.2%

1Y

-33.1%

WKP

UK£5.01

Workspace Group

7D

0.2%

1Y

0.1%