Header cover image

Malaysian (KLSE) REITS Industry Analysis

UpdatedApr 24, 2024
DataAggregated Company Financials
Companies5
  • 7D1.4%
  • 3M3.2%
  • 1Y4.2%
  • YTD5.3%

In the last week, the REITS industry is up 1.4%, with KLCC Property Holdings Berhad up 2.2%. This takes the industry's 12 month performance to a gain of 4.2%. Looking forward, earnings are expected to remain mostly flat in the next few years.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 25 Apr 2024RM18.4bRM2.3bRM1.2b14.9x14.8x8x
Sat, 23 Mar 2024RM18.3bRM2.3bRM1.2b14.5x14.7x8x
Mon, 19 Feb 2024RM18.6bRM2.3bRM1.3b14.8x14.5x8.2x
Wed, 17 Jan 2024RM17.8bRM2.2bRM1.1b18.4x15.8x7.9x
Fri, 15 Dec 2023RM17.4bRM2.2bRM1.1b17.9x15.5x7.8x
Sun, 12 Nov 2023RM17.5bRM2.2bRM1.1b18.3x15.6x7.9x
Tue, 10 Oct 2023RM17.1bRM2.2bRM1.1b18.9x15.3x7.7x
Thu, 07 Sep 2023RM17.0bRM2.2bRM1.1b18.7x15.2x7.7x
Sat, 05 Aug 2023RM17.2bRM2.2bRM1.1b18.8x15.5x7.9x
Mon, 03 Jul 2023RM17.5bRM2.2bRM1.1b17.6x15.6x8.1x
Wed, 31 May 2023RM17.8bRM2.2bRM1.1b17.7x15.9x8.2x
Fri, 28 Apr 2023RM17.8bRM2.1bRM1.1b18.3x16.1x8.5x
Sun, 26 Mar 2023RM17.4bRM2.1bRM1.1b17.3x15.6x8.3x
Tue, 21 Feb 2023RM41.3bRM5.3bRM2.6b17.4x15.8x7.8x
Thu, 19 Jan 2023RM40.0bRM5.1bRM2.1b18.9x18.9x7.8x
Sat, 17 Dec 2022RM38.3bRM5.1bRM2.1b17.8x18.1x7.4x
Mon, 14 Nov 2022RM38.0bRM5.1bRM2.0b17.9x18.5x7.5x
Wed, 12 Oct 2022RM37.8bRM4.7bRM1.9b19.9x20.4x8.1x
Fri, 09 Sep 2022RM39.2bRM4.7bRM1.9b20.2x21.1x8.4x
Sun, 07 Aug 2022RM40.1bRM4.6bRM1.8b20.5x22.3x8.7x
Tue, 05 Jul 2022RM38.9bRM4.5bRM1.7b18.7x23.5x8.7x
Thu, 02 Jun 2022RM39.9bRM4.5bRM1.7b18.7x24.1x8.9x
Sat, 30 Apr 2022RM39.0bRM4.4bRM1.5b18.5x25.2x8.9x
Mon, 28 Mar 2022RM37.6bRM4.3bRM1.5b17.1x25.4x8.7x
Wed, 23 Feb 2022RM37.3bRM4.3bRM1.3b21.5x27.7x8.7x
Fri, 21 Jan 2022RM37.4bRM4.2bRM1.0b23.9x36.3x8.9x
Sun, 19 Dec 2021RM38.0bRM4.2bRM1.0b24.7x36.9x9x
Tue, 16 Nov 2021RM39.2bRM4.2bRM1.0b25x38.1x9.3x
Thu, 14 Oct 2021RM39.7bRM4.3bRM1.1b23.1x35.5x9.2x
Sat, 11 Sep 2021RM37.7bRM4.3bRM1.1b22.3x33.7x8.8x
Mon, 09 Aug 2021RM37.2bRM4.3bRM1.1b22.1x33.3x8.7x
Sun, 02 May 2021RM38.7bRM4.2bRM774.9m28.2x50x9.2x
Price to Earnings Ratio

50x


Total Market Cap: RM38.7bTotal Earnings: RM774.9mTotal Revenue: RM4.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian REITS Industry Price to Earnings3Y Average 23.5x202220232024
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 14.8x which is lower than its 3-year average PE of 23.6x.
  • The industry is trading close to its 3-year average PS ratio of 8.4x.
Past Earnings Growth
  • The earnings for companies in the REITs industry have grown 17% per year over the last three years.
  • Meanwhile revenues for these companies have declined 18% 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 Market1.56%
Real Estate1.11%
REITS1.40%
Retail REITs2.19%
Office REITs1.65%
Healthcare REITs1.56%
Diversified REITs1.40%
Residential REITs0%
Specialized REITs0%
Industrial REITs-0.24%
Hotel and Resort REITs-1.65%
Industry PE
  • Investors are most optimistic about the Healthcare REITs industry even though it's trading below its 3-year average PE ratio of 23.6x.
    • Analysts are expecting annual earnings growth of 6.4%, which is higher than its past year's earnings growth of 0.9% per year.
  • Investors are most pessimistic about the Industrial REITs industry, which is trading below its 3-year average of 14.9x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare REITs industry, expecting annual earnings growth of 6.4% over the next 5 years.
  • This is better than its past earnings growth rate of 0.9% per year.
  • In contrast, the Industrial REITs industry is expected to see its earnings decline by 25% 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 BerhadRM7.542.2%
+RM288.9m		7.3%PB1x
AXREIT Axis Real Estate Investment TrustRM1.871.6%
+RM52.4m		-1.6%PB1.2x
IGBCR IGB Commercial Real Estate Investment TrustRM0.501.0%
+RM16.2m		-2.0%PB0.5x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & Enterprise
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

KLCC

RM7.54

KLCC Property Holdings Berhad

7D

2.2%

1Y

7.3%

AXREIT

RM1.87

Axis Real Estate Investment Trust

7D

1.6%

1Y

-1.6%

IGBCR

RM0.50

IGB Commercial Real Estate Investment Trust

7D

1.0%

1Y

-2.0%

ARREIT

RM0.36

AmanahRaya Real Estate Investment Trust

7D

-1.4%

1Y

-33.3%