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Hong Kong (HSI) REITS Industry Analysis
UpdatedNov 26, 2024
DataAggregated Company Financials
Companies4
- 7D-1.8%
- 3M-0.2%
- 1Y-25.6%
- YTD-25.3%
In the last week, REITS has been flat. Unfortunately though, the industry is down 26% over the past 12 months. Earnings are forecast to grow by 14% annually.
Industry Valuation and Performance
Has the Hong Kong REITS Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 27 Nov 2024 | HK$12.9b | HK$6.0b | -HK$730,058,440.89 | 19.6x | -17.6x | 2.1x |
| Fri, 25 Oct 2024 | HK$13.5b | HK$6.1b | -HK$736,772,450.91 | 20.8x | -18.4x | 2.2x |
| Sun, 22 Sep 2024 | HK$12.9b | HK$6.1b | -HK$741,516,741.69 | 20.5x | -17.4x | 2.1x |
| Tue, 20 Aug 2024 | HK$12.4b | HK$6.1b | -HK$737,044,036.74 | 20.2x | -16.9x | 2x |
| Thu, 18 Jul 2024 | HK$13.6b | HK$6.0b | -HK$416,725,169.22 | 511.6x | -32.6x | 2.2x |
| Sat, 15 Jun 2024 | HK$13.7b | HK$6.0b | -HK$416,868,563.90 | 521.3x | -32.8x | 2.3x |
| Mon, 13 May 2024 | HK$13.6b | HK$6.0b | -HK$417,661,521.73 | 499.2x | -32.5x | 2.2x |
| Wed, 10 Apr 2024 | HK$13.0b | HK$6.1b | -HK$417,909,232.85 | 488x | -31.1x | 2.1x |
| Fri, 08 Mar 2024 | HK$14.3b | HK$5.9b | -HK$502,600,549.65 | 28.2x | -28.5x | 2.4x |
| Sun, 04 Feb 2024 | HK$15.3b | HK$5.9b | -HK$856,793,444.00 | 46.9x | -17.8x | 2.6x |
| Tue, 02 Jan 2024 | HK$17.2b | HK$5.9b | -HK$859,207,701.00 | 56x | -20x | 2.9x |
| Thu, 30 Nov 2023 | HK$16.5b | HK$5.9b | -HK$857,766,412.00 | 54.9x | -19.3x | 2.8x |
| Sat, 28 Oct 2023 | HK$16.6b | HK$5.8b | -HK$854,268,912.00 | 54.4x | -19.5x | 2.9x |
| Mon, 25 Sep 2023 | HK$17.8b | HK$5.8b | -HK$854,657,930.00 | 61.1x | -20.9x | 3.1x |
| Wed, 23 Aug 2023 | HK$19.1b | HK$5.8b | -HK$1,205,223,170.00 | 68.7x | -15.9x | 3.3x |
| Fri, 21 Jul 2023 | HK$21.8b | HK$5.6b | -HK$2,517,856,227.00 | n/a | -8.7x | 3.9x |
| Sun, 18 Jun 2023 | HK$22.2b | HK$5.7b | -HK$2,525,290,195.00 | n/a | -8.8x | 3.9x |
| Tue, 16 May 2023 | HK$23.9b | HK$5.7b | -HK$2,545,477,072.00 | n/a | -9.4x | 4.2x |
| Thu, 13 Apr 2023 | HK$24.1b | HK$5.8b | -HK$2,555,116,565.00 | n/a | -9.4x | 4.2x |
| Sat, 11 Mar 2023 | HK$193.0b | HK$24.2b | HK$14.2b | 8.8x | 13.6x | 8x |
| Mon, 06 Feb 2023 | HK$215.8b | HK$24.6b | HK$17.2b | 9.6x | 12.5x | 8.8x |
| Wed, 04 Jan 2023 | HK$192.3b | HK$24.7b | HK$17.2b | 9.1x | 11.2x | 7.8x |
| Fri, 02 Dec 2022 | HK$171.8b | HK$24.6b | HK$17.2b | 8.2x | 10x | 7x |
| Sun, 30 Oct 2022 | HK$156.7b | HK$24.4b | HK$9.5b | 12.6x | 16.5x | 6.4x |
| Tue, 27 Sep 2022 | HK$188.2b | HK$24.5b | HK$9.5b | 15x | 19.8x | 7.7x |
| Thu, 25 Aug 2022 | HK$201.8b | HK$24.4b | HK$9.1b | 9.3x | 22.2x | 8.3x |
| Sat, 23 Jul 2022 | HK$209.8b | HK$24.7b | HK$9.9b | 9.9x | 21.2x | 8.5x |
| Mon, 20 Jun 2022 | HK$209.7b | HK$24.7b | HK$9.9b | 9.6x | 21.1x | 8.5x |
| Wed, 18 May 2022 | HK$224.4b | HK$24.3b | HK$14.6b | 10.3x | 15.4x | 9.2x |
| Fri, 15 Apr 2022 | HK$224.3b | HK$24.5b | HK$14.7b | 10.5x | 15.3x | 9.2x |
| Sun, 13 Mar 2022 | HK$218.8b | HK$24.5b | HK$13.4b | 15.7x | 16.3x | 8.9x |
| Tue, 08 Feb 2022 | HK$232.3b | HK$24.6b | HK$8.0b | 11.6x | 28.9x | 9.4x |
| Thu, 06 Jan 2022 | HK$234.5b | HK$24.6b | HK$8.0b | 11.2x | 29.2x | 9.5x |
| Sat, 04 Dec 2021 | HK$224.5b | HK$24.6b | HK$8.0b | 9.8x | 28x | 9.1x |
Price to Earnings Ratio
28x
Current Industry PE
- Investors are pessimistic on the Hong Kong REITs industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 5.3x is higher than the industry's current PS ratio of 2.2x.
Past Earnings Growth
- Total earnings for the REITs industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 37% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Hong Kong Real Estate industry?
| HK Market | -2.05% | |
| Real Estate | -3.28% | |
| REITS | -1.80% | |
| Industrial REITs | 1.34% | |
| Residential REITs | 0% | |
| Specialized REITs | 0% | |
| Healthcare REITs | 0% | |
| Office REITs | -0.52% | |
| Retail REITs | -1.04% | |
| Diversified REITs | -1.80% | |
| Hotel and Resort REITs | -3.85% | |
Industry PE
- Investors are most optimistic about the Industrial REITs industry which is trading above its 3-year average PE ratio of 19.7x.
- Analysts are expecting annual earnings growth of 54.4%, which is higher than its past year's earnings decline of 73.3% per year.
Forecasted Growth
- Analysts are most optimistic on the Retail REITs industry, expecting annual earnings growth of 61% over the next 5 years.
- In contrast, the Hotel and Resort REITs industry is expected to see its earnings decline by 68% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| No data available | |||||