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Hong Kong (HSI) Diversified REITs Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies4
- 7D1.3%
- 3M5.2%
- 1Y-22.0%
- YTDn/a
The Diversified REITs industry has stayed flat over the last week. As for the longer term, the industry has declined 22% in the last year. Earnings are forecast to grow by 14% annually.
Industry Valuation and Performance
Has the Hong Kong Diversified REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | HK$13.3b | HK$6.0b | -HK$730,151,366.78 | 20.1x | -18.2x | 2.2x |
| Sat, 19 Oct 2024 | HK$13.9b | HK$6.1b | -HK$737,383,097.64 | 21.3x | -18.9x | 2.3x |
| Mon, 16 Sep 2024 | HK$12.1b | HK$6.1b | -HK$739,448,032.72 | 20x | -16.4x | 2x |
| Wed, 14 Aug 2024 | HK$12.4b | HK$6.1b | -HK$346,595,977.14 | 476.8x | -35.8x | 2.1x |
| Fri, 12 Jul 2024 | HK$13.3b | HK$6.0b | -HK$416,567,221.90 | 501.9x | -32x | 2.2x |
| Sun, 09 Jun 2024 | HK$13.8b | HK$6.0b | -HK$417,087,334.53 | 510.8x | -33.1x | 2.3x |
| Tue, 07 May 2024 | HK$13.0b | HK$6.1b | -HK$418,022,409.40 | 473.1x | -31.2x | 2.2x |
| Thu, 04 Apr 2024 | HK$13.3b | HK$6.1b | -HK$417,771,823.95 | 508.4x | -31.9x | 2.2x |
| Sat, 02 Mar 2024 | HK$15.2b | HK$5.9b | -HK$502,706,850.96 | 28.8x | -30.2x | 2.6x |
| Mon, 29 Jan 2024 | HK$15.6b | HK$5.9b | -HK$857,578,047.00 | 49.4x | -18.2x | 2.7x |
| Wed, 27 Dec 2023 | HK$16.1b | HK$5.9b | -HK$857,757,487.00 | 52.2x | -18.7x | 2.7x |
| Fri, 24 Nov 2023 | HK$17.0b | HK$5.9b | -HK$857,420,467.00 | 59.1x | -19.9x | 2.9x |
| Sun, 22 Oct 2023 | HK$16.7b | HK$5.8b | -HK$854,383,012.00 | 53x | -19.6x | 2.9x |
| Tue, 19 Sep 2023 | HK$18.3b | HK$5.8b | -HK$854,696,498.00 | 62.5x | -21.4x | 3.2x |
| Thu, 17 Aug 2023 | HK$19.1b | HK$5.8b | -HK$1,205,048,613.00 | 65.7x | -15.8x | 3.3x |
| Sat, 15 Jul 2023 | HK$21.9b | HK$5.6b | -HK$2,521,471,218.00 | n/a | -8.7x | 3.9x |
| Mon, 12 Jun 2023 | HK$22.8b | HK$5.7b | -HK$2,524,943,727.00 | n/a | -9x | 4x |
| Wed, 10 May 2023 | HK$24.6b | HK$5.7b | -HK$2,549,439,321.00 | n/a | -9.6x | 4.3x |
| Fri, 07 Apr 2023 | HK$24.3b | HK$5.8b | -HK$2,555,769,057.00 | n/a | -9.5x | 4.2x |
| Sun, 05 Mar 2023 | HK$27.3b | HK$5.7b | -HK$1,771,885,769.00 | 20.6x | -15.4x | 4.8x |
| Tue, 31 Jan 2023 | HK$28.2b | HK$5.9b | -HK$1,412,532,842.00 | 39.1x | -20x | 4.8x |
| Thu, 29 Dec 2022 | HK$23.1b | HK$5.8b | -HK$1,410,249,982.00 | 38.4x | -16.4x | 4x |
| Sat, 26 Nov 2022 | HK$20.8b | HK$5.8b | -HK$1,408,964,336.00 | 33.8x | -14.7x | 3.6x |
| Mon, 24 Oct 2022 | HK$19.2b | HK$5.8b | -HK$1,408,545,202.00 | 31.9x | -13.6x | 3.3x |
| Wed, 21 Sep 2022 | HK$23.9b | HK$5.8b | -HK$1,410,430,537.00 | 40.5x | -16.9x | 4.1x |
| Fri, 19 Aug 2022 | HK$26.3b | HK$6.0b | -HK$1,129,892,806.00 | 20.8x | -23.3x | 4.4x |
| Sun, 17 Jul 2022 | HK$29.1b | HK$6.1b | HK$1.0b | 18.6x | 28.1x | 4.8x |
| Tue, 14 Jun 2022 | HK$29.8b | HK$6.1b | HK$1.0b | 19x | 28.6x | 4.9x |
| Thu, 12 May 2022 | HK$29.9b | HK$6.1b | HK$1.0b | 19.1x | 28.7x | 4.9x |
| Sat, 09 Apr 2022 | HK$32.7b | HK$6.3b | HK$1.1b | 20.3x | 29.7x | 5.2x |
| Mon, 07 Mar 2022 | HK$32.7b | HK$6.3b | HK$3.1b | 9.5x | 10.7x | 5.2x |
| Wed, 02 Feb 2022 | HK$33.7b | HK$6.3b | HK$2.6b | 7.5x | 12.8x | 5.4x |
| Fri, 31 Dec 2021 | HK$29.5b | HK$6.3b | HK$2.6b | 7.8x | 11.2x | 4.7x |
| Sun, 28 Nov 2021 | HK$30.2b | HK$6.3b | HK$2.6b | 7.7x | 11.5x | 4.8x |
Price to Earnings Ratio
11.5x
Current Industry PE
- Investors are pessimistic on the Hong Kong Diversified REITs industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 3.6x is higher than the industry's current PS ratio of 2.2x.
Past Earnings Growth
- Total earnings for the Diversified REITs industry have declined over the last three years, with the industry now making a loss overall.
- 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 Hong Kong Diversified REITs compare with similar industries?
| HK Market | 0.42% | |
| Real Estate | -1.80% | |
| REITS | 1.32% | |
| Diversified REITs | 1.32% | |
| Industrial REITs | 0% | |
| Residential REITs | 0% | |
| Specialized REITs | 0% | |
| Healthcare REITs | 0% | |
| Office REITs | -0.40% | |
| Hotel and Resort REITs | -3.77% | |
| Retail REITs | -5.64% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 405 Yuexiu Real Estate Investment Trust | HK$0.99 | 3.1% +HK$152.1m | -25.0% | PB0.3x | |
| 435 Sunlight Real Estate Investment Trust | HK$1.86 | 1.1% +HK$34.3m | -8.4% | PB0.2x | |
| 1503 China Merchants Commercial Real Estate Investment Trust | HK$1.23 | 0.8% +HK$11.3m | -9.6% | PB0.4x |