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Hong Kong (HSI) REITS Industry Analysis

UpdatedDec 01, 2021
DataAggregated Company Financials
Companies11
  • 7D-2.8%
  • 3M-7.2%
  • 1Y-1.7%
  • YTD-5.6%

Over the last 7 days, the REITS industry has dropped 2.8%, driven by pullbacks from every company within the industry. As for the longer term, the industry's performance has been flat for the past year.

Industry Valuation and Performance

Has the Hong Kong REITS Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Thu, 02 Dec 2021HK$227.0bHK$24.6bHK$8.0b9.8x
Sat, 30 Oct 2021HK$231.8bHK$23.7b-HK$2,367,294,622.0010x
Mon, 27 Sep 2021HK$223.3bHK$23.7b-HK$2,385,357,769.0010.7x
Wed, 25 Aug 2021HK$245.5bHK$23.7b-HK$2,387,656,589.1511.4x
Thu, 01 Jul 2021HK$251.2bHK$23.7b-HK$2,387,656,589.1511.2x
Sun, 04 Apr 2021HK$236.3bHK$23.4b-HK$10,485,247,399.3649.7x
Wed, 06 Jan 2021HK$232.7bHK$23.4b-HK$33,098,383,827.7913x
Sat, 10 Oct 2020HK$205.3bHK$23.4b-HK$48,578,141,159.8832.8x
Fri, 03 Jul 2020HK$212.5bHK$23.7b-HK$43,513,247,005.94290.5x
Mon, 06 Apr 2020HK$222.7bHK$24.1b-HK$26,686,017,378.90218.3x
Thu, 09 Jan 2020HK$283.4bHK$24.4bHK$2.2b16.3x
Wed, 02 Oct 2019HK$286.0bHK$24.0bHK$25.5b10.7x
Sat, 06 Jul 2019HK$325.0bHK$24.0bHK$32.8b10.6x
Tue, 09 Apr 2019HK$317.2bHK$23.8bHK$37.1b9.2x
Mon, 31 Dec 2018HK$274.4bHK$23.7bHK$52.4b6.1x
PE Ratio

5.7x

Total Market Cap: HK$264.1bTotal Earnings: HK$66.8bTotal Revenue: HK$23.5b0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 9.8x which is lower than its 3-year average PE of 60.3x. It appears they believe that earnings will not grow as fast as they have historically.

Past Earnings Growth: The earnings for companies in the REITs industry have declined 51% per year over the last three years, while 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 Trends

Which industries have driven the changes within the Hong Kong REITS industry?

Diversified REITs-0.36%
Office REITs-2.47%
Hotel and Resort REITs-3.31%
Industrial REITs-3.33%
Retail REITs-3.35%

Industry PE: Investors are most optimistic about the Industrial REITs industry even though it's trading below its 3-year average PE ratio of 123x. This is likely because analysts are expecting annual earnings growth of 35%, which is higher than its past year's earnings decline of 85% per year. Meanwhile, investors are most pessimistic about the Diversified REITs industry, which is trading below its 3-year average of 86.6x.

Forecasted Growth: Analysts are most optimistic on the Hotel and Resort REITs industry, expecting annual earnings growth of 111% over the next 5 years. Meanwhile, the Diversified REITs industry is expected to see its earnings decline by 13% per year over the next few years.

Top Stock Gainers and Losers

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

Company7D1YValuation
No data available
Simply Wall St
Simply Wall Street Pty Ltd
17-21 Bellevue Street, Surry Hills, Sydney
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