Malaysian (KLSE) Diversified REITs Industry Analysis
UpdatedMay 30, 2023
DataAggregated Company Financials
Companies5
- 7D-0.7%
- 3M1.2%
- 1Y-0.7%
- YTD2.7%
The Diversified REITs industry has stayed flat over the last week. Furthermore, the industry has been flat for the past year as well. Earnings are forecast to grow by 2.9% annually.
Industry Valuation and Performance
Has the Malaysian Diversified REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 30 May 2023 | RM17.5b | RM2.1b | RM1.1b | 17.7x | 15.9x | 8.3x |
| Thu, 27 Apr 2023 | RM17.8b | RM2.1b | RM1.1b | 18.3x | 16.1x | 8.5x |
| Sat, 25 Mar 2023 | RM17.4b | RM2.1b | RM1.1b | 17.3x | 15.6x | 8.3x |
| Mon, 20 Feb 2023 | RM17.6b | RM2.1b | RM1.1b | 17.1x | 16.6x | 8.4x |
| Wed, 18 Jan 2023 | RM17.5b | RM2.0b | RM904.3m | 17.6x | 19.3x | 8.6x |
| Fri, 16 Dec 2022 | RM16.8b | RM2.0b | RM904.3m | 16.6x | 18.6x | 8.2x |
| Sun, 13 Nov 2022 | RM17.1b | RM2.0b | RM908.9m | 16.1x | 18.8x | 8.3x |
| Tue, 11 Oct 2022 | RM16.9b | RM1.8b | RM814.1m | 22.5x | 20.7x | 9.5x |
| Thu, 08 Sep 2022 | RM17.5b | RM1.8b | RM814.1m | 23.4x | 21.4x | 9.8x |
| Sat, 06 Aug 2022 | RM17.7b | RM1.7b | RM793.4m | 24.4x | 22.3x | 10.3x |
| Mon, 04 Jul 2022 | RM17.4b | RM1.7b | RM778.0m | 24.1x | 22.4x | 10.2x |
| Wed, 01 Jun 2022 | RM17.7b | RM1.7b | RM778.8m | 24.2x | 22.7x | 10.4x |
| Fri, 29 Apr 2022 | RM17.3b | RM1.7b | RM768.1m | 24.5x | 22.6x | 10.4x |
| Sun, 27 Mar 2022 | RM17.1b | RM1.7b | RM760.2m | 24.3x | 22.5x | 10.3x |
| Tue, 22 Feb 2022 | RM16.7b | RM1.7b | RM707.0m | 23.4x | 23.7x | 10x |
| Thu, 20 Jan 2022 | RM16.5b | RM1.6b | RM514.7m | 24.9x | 32.1x | 10.6x |
| Sat, 18 Dec 2021 | RM16.4b | RM1.6b | RM514.7m | 24.4x | 31.8x | 10.5x |
| Mon, 15 Nov 2021 | RM17.1b | RM1.6b | RM514.7m | 25.1x | 33.2x | 11x |
| Wed, 13 Oct 2021 | RM17.0b | RM1.6b | RM531.3m | 24.4x | 31.9x | 10.6x |
| Fri, 10 Sep 2021 | RM15.4b | RM1.6b | RM531.3m | 24.4x | 29x | 9.6x |
| Sun, 08 Aug 2021 | RM15.5b | RM1.6b | RM531.3m | 24.6x | 29.2x | 9.6x |
| Sat, 01 May 2021 | RM16.1b | RM1.6b | RM523.9m | 25.4x | 30.8x | 10.1x |
| Tue, 02 Feb 2021 | RM16.3b | RM1.7b | RM553.3m | 24.7x | 29.4x | 9.8x |
| Fri, 06 Nov 2020 | RM17.4b | RM1.7b | RM995.4m | 12.7x | 17.5x | 10.1x |
| Mon, 10 Aug 2020 | RM17.8b | RM1.8b | RM1.0b | 13.8x | 17.5x | 10.1x |
Price to Earnings Ratio
16.6x
Current Industry PE
- Investors are pessimistic on the Malaysian Diversified 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 15.9x which is lower than its 3-year average PE of 23.4x.
- The 3-year average PS ratio of 9.8x is higher than the industry's current PS ratio of 8.3x.
Past Earnings Growth
- The earnings for companies in the Diversified REITs industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 4.3% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Comparison
How does Malaysian Diversified REITs compare with similar industries?
| MY Market | -0.76% | |
| Real Estate | -0.46% | |
| REITS | -0.65% | |
| Diversified REITs | -0.65% | |
| Office REITs | 0.60% | |
| Industrial REITs | 0.52% | |
| Residential REITs | 0% | |
| Specialized REITs | 0% | |
| Healthcare REITs | 0% | |
| Retail REITs | -1.38% | |
| Hotel and Resort REITs | -1.56% | |
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 | |
|---|---|---|---|---|---|
| KLCC KLCC Property Holdings Berhad | RM7.10 | 2.6% +RM325.0m | 3.6% | PB1x | |
| IGBCR IGB Commercial Real Estate Investment Trust | RM0.50 | 1.0% +RM11.7m | -18.0% | PB0.5x |