Has the Hong Kong REITS Industry valuation changed over the past few years?
|Thu, 02 Dec 2021||HK$227.0b||HK$24.6b||HK$8.0b||9.8x|
|Sat, 30 Oct 2021||HK$231.8b||HK$23.7b||-HK$2,367,294,622.00||10x|
|Mon, 27 Sep 2021||HK$223.3b||HK$23.7b||-HK$2,385,357,769.00||10.7x|
|Wed, 25 Aug 2021||HK$245.5b||HK$23.7b||-HK$2,387,656,589.15||11.4x|
|Thu, 01 Jul 2021||HK$251.2b||HK$23.7b||-HK$2,387,656,589.15||11.2x|
|Sun, 04 Apr 2021||HK$236.3b||HK$23.4b||-HK$10,485,247,399.36||49.7x|
|Wed, 06 Jan 2021||HK$232.7b||HK$23.4b||-HK$33,098,383,827.79||13x|
|Sat, 10 Oct 2020||HK$205.3b||HK$23.4b||-HK$48,578,141,159.88||32.8x|
|Fri, 03 Jul 2020||HK$212.5b||HK$23.7b||-HK$43,513,247,005.94||290.5x|
|Mon, 06 Apr 2020||HK$222.7b||HK$24.1b||-HK$26,686,017,378.90||218.3x|
|Thu, 09 Jan 2020||HK$283.4b||HK$24.4b||HK$2.2b||16.3x|
|Wed, 02 Oct 2019||HK$286.0b||HK$24.0b||HK$25.5b||10.7x|
|Sat, 06 Jul 2019||HK$325.0b||HK$24.0b||HK$32.8b||10.6x|
|Tue, 09 Apr 2019||HK$317.2b||HK$23.8b||HK$37.1b||9.2x|
|Mon, 31 Dec 2018||HK$274.4b||HK$23.7b||HK$52.4b||6.1x|
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.
Which industries have driven the changes within the Hong Kong REITS industry?
|Hotel and Resort REITs||-3.31%|
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.
Which companies have driven the market over the last 7 days?
|No data available|
Link Real Estate Investment Trust
Sunlight Real Estate Investment Trust
Champion Real Estate Investment Trust
Prosperity Real Estate Investment Trust
Fortune Real Estate Investment Trust
Regal Real Estate Investment Trust
Spring Real Estate Investment Trust