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Malaysian (KLSE) REITS Industry Analysis

UpdatedDec 22, 2024
DataAggregated Company Financials
Companies5
  • 7D2.6%
  • 3M2.7%
  • 1Y10.3%
  • YTD11.7%

In the last week, the REITS industry is up 2.6%, with all of the companies up. In the last 12 months, the industry was up 10%. In the next few years earnings are forecast to be pretty stable.

Industry Valuation and Performance

Has the Malaysian REITS Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Dec 2024RM 19.6bRM 2.4bRM 1.3b15.3x15.2x8.2x
Tue, 19 Nov 2024RM 19.2bRM 2.4bRM 1.3b15.2x15.1x8.1x
Thu, 17 Oct 2024RM 19.2bRM 2.4bRM 1.3b15.2x15.1x8.2x
Sat, 14 Sep 2024RM 19.2bRM 2.4bRM 1.3b15.2x15x8.1x
Mon, 12 Aug 2024RM 18.5bRM 2.3bRM 1.3b14.7x14.6x7.9x
Wed, 10 Jul 2024RM 18.3bRM 2.3bRM 1.3b14.3x14.5x7.9x
Fri, 07 Jun 2024RM 18.6bRM 2.3bRM 1.3b14.6x14.7x8x
Sun, 05 May 2024RM 18.6bRM 2.3bRM 1.3b14.6x14.8x8.1x
Tue, 02 Apr 2024RM 18.2bRM 2.3bRM 1.2b14.6x14.7x8x
Thu, 29 Feb 2024RM 18.2bRM 2.3bRM 1.2b14.4x14.7x8x
Sat, 27 Jan 2024RM 17.8bRM 2.2bRM 1.2b15.8x15.2x8x
Mon, 25 Dec 2023RM 17.8bRM 2.2bRM 1.1b17.9x15.8x7.9x
Wed, 22 Nov 2023RM 17.5bRM 2.2bRM 1.1b18.3x15.6x7.9x
Fri, 20 Oct 2023RM 17.1bRM 2.2bRM 1.1b18.4x15.3x7.7x
Sun, 17 Sep 2023RM 17.1bRM 2.2bRM 1.1b19x15.3x7.8x
Tue, 15 Aug 2023RM 17.1bRM 2.2bRM 1.1b18.7x15.5x7.9x
Thu, 13 Jul 2023RM 17.2bRM 2.2bRM 1.1b17.7x15.4x8x
Sat, 10 Jun 2023RM 17.7bRM 2.2bRM 1.1b17.7x15.8x8.2x
Mon, 08 May 2023RM 17.6bRM 2.1bRM 1.1b18.2x16x8.4x
Wed, 05 Apr 2023RM 17.5bRM 2.1bRM 1.1b17.1x15.7x8.3x
Fri, 03 Mar 2023RM 40.7bRM 5.3bRM 2.8b16.5x14.8x7.6x
Sun, 29 Jan 2023RM 41.9bRM 5.2bRM 2.2b18.3x18.9x8.1x
Tue, 27 Dec 2022RM 38.2bRM 5.1bRM 2.1b17.9x18.1x7.4x
Thu, 24 Nov 2022RM 37.9bRM 5.1bRM 2.1b17.9x18x7.4x
Sat, 22 Oct 2022RM 37.8bRM 4.7bRM 1.9b19.7x20.3x8x
Mon, 19 Sep 2022RM 38.5bRM 4.7bRM 1.9b20.2x20.7x8.2x
Wed, 17 Aug 2022RM 39.9bRM 4.7bRM 1.8b19.7x22x8.6x
Fri, 15 Jul 2022RM 39.0bRM 4.5bRM 1.7b18.7x23.5x8.7x
Sun, 12 Jun 2022RM 39.9bRM 4.5bRM 1.7b18.8x24.1x8.9x
Tue, 10 May 2022RM 39.2bRM 4.4bRM 1.6b18.6x24.8x8.9x
Thu, 07 Apr 2022RM 38.5bRM 4.3bRM 1.5b17.3x26x8.9x
Sat, 05 Mar 2022RM 36.8bRM 4.3bRM 1.4b20.8x25.7x8.5x
Mon, 31 Jan 2022RM 37.4bRM 4.3bRM 1.4b23.2x27.5x8.7x
Wed, 29 Dec 2021RM 38.5bRM 4.2bRM 1.0b24.8x37.4x9.2x
Price to Earnings Ratio

37.4x


Total Market Cap: RM 38.5bTotal Earnings: RM 1.0bTotal Revenue: RM 4.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian REITS Industry Price to Earnings3Y Average 18.4x202220232024
Current Industry PE
  • Investors are pessimistic on the Malaysian REITs industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 15.2x which is lower than its 3-year average PE of 18.4x.
  • The industry is trading close to its 3-year average PS ratio of 8.2x.
Past Earnings Growth
  • The earnings for companies in the REITs industry have grown 7.8% per year over the last three years.
  • Meanwhile revenues for these companies have declined 17% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

Which industries have driven the changes within the Malaysian Real Estate industry?

MY Market-0.98%
Real Estate0.048%
REITS2.64%
Diversified REITs2.64%
Retail REITs1.50%
Healthcare REITs0.74%
Residential REITs0%
Specialized REITs0%
Industrial REITs-0.26%
Hotel and Resort REITs-0.83%
Office REITs-0.91%
Industry PE
  • Investors are most optimistic about the Healthcare REITs industry which is trading above its 3-year average PE ratio of 17.3x.
    • Analysts are expecting annual earnings growth of 5.6%, which is lower than the prior year's growth of 6.3% per year.
  • Investors are most pessimistic about the Hotel and Resort REITs industry, which is trading below its 3-year average of 14.2x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare REITs industry, expecting annual earnings growth of 5.6% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Hotel and Resort REITs industry is expected to see its earnings decline by 23% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
KLCC KLCC Property Holdings BerhadRM 8.213.3%
+RM 469.4m
14.3%PB1.1x
AXREIT Axis Real Estate Investment TrustRM 1.731.2%
+RM 34.9m
-4.4%PB1.1x
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Latest News

AXREIT

RM 1.73

Axis Real Estate Investment Trust

7D

1.2%

1Y

-4.4%

KLCC

RM 8.21

KLCC Property Holdings Berhad

7D

3.3%

1Y

14.3%