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Malaysian (KLSE) REITS Industry Analysis

UpdatedFeb 25, 2024
DataAggregated Company Financials
Companies5
  • 7D-3.5%
  • 3M3.1%
  • 1Y2.4%
  • YTD2.4%

Over the last 7 days, the REITS industry has dropped 3.5%, driven by a pullback from KLCC Property Holdings Berhad of 4.6%. Over the last year, the industry has been flat overall. 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
Sun, 25 Feb 2024RM17.9bRM2.3bRM1.2b14.2x14.5x7.9x
Tue, 23 Jan 2024RM17.8bRM2.2bRM1.1b18.3x15.9x7.9x
Thu, 21 Dec 2023RM17.7bRM2.2bRM1.1b17.9x15.8x7.9x
Sat, 18 Nov 2023RM17.6bRM2.2bRM1.1b18.3x15.7x7.9x
Mon, 16 Oct 2023RM17.1bRM2.2bRM1.1b18.2x15.3x7.7x
Wed, 13 Sep 2023RM17.1bRM2.2bRM1.1b18.7x15.3x7.8x
Fri, 11 Aug 2023RM17.0bRM2.2bRM1.1b18.5x15.4x7.9x
Sun, 09 Jul 2023RM17.4bRM2.2bRM1.1b17.8x15.5x8x
Tue, 06 Jun 2023RM17.5bRM2.2bRM1.1b17.7x15.7x8.1x
Thu, 04 May 2023RM17.8bRM2.1bRM1.1b18.4x16.1x8.5x
Sat, 01 Apr 2023RM17.4bRM2.1bRM1.1b17.2x15.7x8.3x
Mon, 27 Feb 2023RM40.9bRM5.4bRM2.8b16.2x14.8x7.7x
Wed, 25 Jan 2023RM41.4bRM5.2bRM2.2b19.2x18.8x8x
Fri, 23 Dec 2022RM38.2bRM5.1bRM2.1b17.8x18.1x7.4x
Sun, 20 Nov 2022RM38.0bRM5.1bRM2.1b17.8x18x7.4x
Tue, 18 Oct 2022RM38.0bRM4.7bRM1.9b19.7x20.5x8.1x
Thu, 15 Sep 2022RM38.8bRM4.7bRM1.9b20.2x20.9x8.3x
Sat, 13 Aug 2022RM39.8bRM4.7bRM1.8b19.7x21.9x8.5x
Mon, 11 Jul 2022RM39.0bRM4.5bRM1.7b18.5x23.6x8.7x
Wed, 08 Jun 2022RM40.2bRM4.5bRM1.7b19.2x24.3x9x
Fri, 06 May 2022RM39.6bRM4.4bRM1.6b18.6x25x9x
Sun, 03 Apr 2022RM38.3bRM4.3bRM1.5b17.3x25.9x8.8x
Tue, 01 Mar 2022RM37.2bRM4.3bRM1.4b18.9x26.9x8.7x
Thu, 27 Jan 2022RM37.3bRM4.2bRM1.1b23.2x35.2x8.9x
Sat, 25 Dec 2021RM38.2bRM4.2bRM1.0b24.7x37.1x9.1x
Mon, 22 Nov 2021RM38.8bRM4.2bRM1.0b24.4x37.5x9.2x
Wed, 20 Oct 2021RM39.9bRM4.3bRM1.1b23x35.7x9.3x
Fri, 17 Sep 2021RM37.3bRM4.3bRM1.1b22.4x33.4x8.7x
Sun, 15 Aug 2021RM37.1bRM4.3bRM1.1b22x33.3x8.6x
Thu, 10 Jun 2021RM37.0bRM4.2bRM774.9m27.1x47.7x8.8x
Wed, 03 Mar 2021RM37.9bRM4.4bRM961.3m22.1x39.4x8.6x
Price to Earnings Ratio

39.4x


Total Market Cap: RM37.9bTotal Earnings: RM961.3mTotal Revenue: RM4.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian REITS Industry Price to Earnings3Y Average 25.2x202220232024
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 14.5x which is lower than its 3-year average PE of 25.2x.
  • 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 8.8% per year over the last three years.
  • Meanwhile revenues for these companies have declined 20% 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 Market0.87%
Real Estate-0.22%
REITS-3.46%
Hotel and Resort REITs3.33%
Retail REITs0.89%
Residential REITs0%
Specialized REITs0%
Healthcare REITs0%
Office REITs-0.031%
Industrial REITs-0.25%
Diversified REITs-3.46%
Industry PE
  • Investors are most optimistic about the Healthcare REITs industry even though it's trading below its 3-year average PE ratio of 26.6x.
    • Analysts are expecting annual earnings growth of 7.7%, 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 15.0x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare REITs industry, expecting annual earnings growth of 7.7% 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
ARREIT AmanahRaya Real Estate Investment TrustRM0.411.3%
+RM2.9m
-32.5%PB0.3x
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Latest News

KLCC

RM7.30

KLCC Property Holdings Berhad

7D

-4.6%

1Y

6.4%

ARREIT

RM0.41

AmanahRaya Real Estate Investment Trust

7D

1.3%

1Y

-32.5%