Hong Kong (HSI) Office REITs Industry Analysis
UpdatedMar 21, 2024
DataAggregated Company Financials
Companies3
- 7D-1.9%
- 3M-27.6%
- 1Y-47.1%
- YTDn/a
All of the companies in the Office REITs industry have been up over the last week, with the industry up 4.3%. However, the industry is down 48% over the past year. Earnings are forecast to grow by 23% annually.
Industry Valuation and Performance
Has the Hong Kong Office REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Mar 2024 | HK$14.4b | HK$3.7b | HK$140.8m | 43.3x | 102.1x | 3.9x |
| Sat, 17 Feb 2024 | HK$15.4b | HK$3.7b | -HK$856,073,263.93 | n/a | -18x | 4.2x |
| Mon, 15 Jan 2024 | HK$18.6b | HK$3.7b | -HK$855,577,323.00 | n/a | -21.8x | 5.1x |
| Wed, 13 Dec 2023 | HK$20.1b | HK$3.7b | -HK$855,387,628.00 | n/a | -23.5x | 5.5x |
| Fri, 10 Nov 2023 | HK$19.7b | HK$3.7b | -HK$854,233,580.00 | n/a | -23x | 5.4x |
| Sun, 08 Oct 2023 | HK$20.0b | HK$3.7b | -HK$854,292,937.00 | n/a | -23.5x | 5.5x |
| Tue, 05 Sep 2023 | HK$21.0b | HK$3.7b | -HK$854,641,796.00 | n/a | -24.5x | 5.7x |
| Thu, 03 Aug 2023 | HK$23.0b | HK$3.6b | -HK$545,732,218.00 | 29.1x | -42.1x | 6.3x |
| Sat, 01 Jul 2023 | HK$23.0b | HK$3.6b | -HK$546,746,657.00 | 30.8x | -42.1x | 6.3x |
| Mon, 29 May 2023 | HK$22.9b | HK$3.7b | -HK$543,066,480.00 | 30.7x | -42.2x | 6.3x |
| Wed, 26 Apr 2023 | HK$26.1b | HK$3.7b | -HK$540,146,427.00 | 32.7x | -48.2x | 7.1x |
| Fri, 24 Mar 2023 | HK$27.6b | HK$3.6b | -HK$228,542,773.00 | 26.5x | -120.7x | 7.6x |
| Sun, 19 Feb 2023 | HK$28.7b | HK$3.8b | HK$996.3m | 16.4x | 28.8x | 7.6x |
| Tue, 17 Jan 2023 | HK$27.0b | HK$3.8b | HK$1.0b | 15.5x | 26.9x | 7.1x |
| Thu, 15 Dec 2022 | HK$24.5b | HK$3.8b | HK$987.0m | 13.7x | 24.8x | 6.5x |
| Sat, 12 Nov 2022 | HK$21.6b | HK$3.8b | HK$975.3m | 12.2x | 22.2x | 5.7x |
| Mon, 10 Oct 2022 | HK$24.0b | HK$3.8b | HK$981.1m | 14.2x | 24.5x | 6.4x |
| Wed, 07 Sep 2022 | HK$27.1b | HK$3.8b | HK$992.3m | 15.8x | 27.3x | 7.2x |
| Fri, 05 Aug 2022 | HK$28.0b | HK$3.9b | -HK$181,969,050.00 | 35x | -154.1x | 7.3x |
| Sun, 03 Jul 2022 | HK$28.3b | HK$3.9b | -HK$177,202,519.00 | 34.7x | -159.6x | 7.3x |
| Tue, 31 May 2022 | HK$29.7b | HK$3.9b | -HK$176,856,123.00 | 38.8x | -167.8x | 7.7x |
| Thu, 28 Apr 2022 | HK$28.0b | HK$3.9b | -HK$164,072,384.00 | 38.7x | -170.5x | 7.2x |
| Sat, 26 Mar 2022 | HK$30.0b | HK$3.9b | -HK$147,812,262.00 | 40.5x | -203.2x | 7.7x |
| Mon, 21 Feb 2022 | HK$31.8b | HK$3.9b | -HK$5,176,227,390.00 | 11.5x | -6.1x | 8.1x |
| Wed, 19 Jan 2022 | HK$32.7b | HK$3.9b | -HK$5,177,902,651.00 | 11.3x | -6.3x | 8.3x |
| Fri, 17 Dec 2021 | HK$32.6b | HK$3.9b | -HK$5,178,493,425.00 | 11.1x | -6.3x | 8.3x |
| Sun, 14 Nov 2021 | HK$32.9b | HK$3.9b | -HK$5,179,558,882.00 | 11.3x | -6.4x | 8.4x |
| Tue, 12 Oct 2021 | HK$32.9b | HK$3.9b | -HK$5,183,452,039.00 | 11.8x | -6.3x | 8.4x |
| Thu, 09 Sep 2021 | HK$34.8b | HK$3.9b | -HK$5,184,980,873.59 | 12.3x | -6.7x | 8.9x |
| Sat, 07 Aug 2021 | HK$34.9b | HK$3.9b | -HK$5,184,980,873.59 | 12.1x | -6.7x | 8.9x |
| Fri, 30 Apr 2021 | HK$34.7b | HK$4.0b | -HK$9,393,286,741.83 | 67.5x | -3.7x | 8.8x |
Price to Earnings Ratio
-3.7x
Current Industry PE
- There are only 3 companies in the Hong Kong Office REITs industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- Total earnings for the Office REITs industry have gone up over the last three years and the industry is now profitable.
- Revenues have declined 2.5% per year.
- This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.
Industry Comparison
How does Hong Kong Office REITs compare with similar industries?
| HK Market | -1.43% | |
| Real Estate | -4.65% | |
| REITS | -0.54% | |
| Office REITs | -1.94% | |
| Industrial REITs | 2.50% | |
| Residential REITs | 0% | |
| Specialized REITs | 0% | |
| Healthcare REITs | 0% | |
| Diversified REITs | -0.54% | |
| Retail REITs | -3.89% | |
| Hotel and Resort REITs | -7.27% | |
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 | |
|---|---|---|---|---|---|
| 808 Prosperity Real Estate Investment Trust | HK$1.29 | 0.8% +HK$15.2m | -39.4% | PB0.3x |