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Malaysian (KLSE) Office REITs Industry Analysis

UpdatedMar 20, 2024
DataAggregated Company Financials
Companies4
  • 7D-0.3%
  • 3M1.6%
  • 1Y-5.9%
  • YTDn/a

In the last week, Office REITs has been flat. Unfortunately though, the industry is down 9.8% over the past 12 months. Looking forward, earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

Has the Malaysian Office REITs Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Mar 2024RM2.0bRM414.7mRM122.2m13.9x16.6x4.9x
Sat, 17 Feb 2024RM2.0bRM415.2mRM124.0m13.9x16.4x4.9x
Mon, 15 Jan 2024RM2.0bRM407.0mRM102.1m14.4x19.7x5x
Wed, 13 Dec 2023RM2.0bRM407.0mRM102.1m14.4x19.6x4.9x
Fri, 10 Nov 2023RM2.0bRM403.6mRM101.5m18.2x19.5x4.9x
Sun, 08 Oct 2023RM2.0bRM402.9mRM102.0m18.1x19.2x4.9x
Tue, 05 Sep 2023RM2.0bRM402.9mRM102.0m18x19.2x4.8x
Thu, 03 Aug 2023RM2.0bRM401.9mRM104.5m16.4x19.2x5x
Sat, 01 Jul 2023RM2.0bRM401.3mRM125.4m16.8x15.8x4.9x
Mon, 29 May 2023RM2.0bRM396.7mRM125.4m17.2x16.1x5.1x
Wed, 26 Apr 2023RM2.1bRM398.6mRM129.5m17.2x16x5.2x
Fri, 24 Mar 2023RM2.1bRM401.4mRM116.3m30.1x17.7x5.1x
Sun, 19 Feb 2023RM2.1bRM401.4mRM119.0m30.7x17.5x5.2x
Tue, 17 Jan 2023RM2.1bRM401.5mRM111.0m23.8x19.2x5.3x
Thu, 15 Dec 2022RM2.1bRM401.5mRM111.0m22.3x18.7x5.2x
Sat, 12 Nov 2022RM2.1bRM403.5mRM113.1m23.9x18.5x5.2x
Mon, 10 Oct 2022RM2.1bRM408.3mRM118.3m19.9x17.4x5x
Wed, 07 Sep 2022RM2.2bRM408.3mRM118.3m20.9x18.2x5.3x
Fri, 05 Aug 2022RM2.2bRM409.9mRM123.2m20.7x18.1x5.4x
Sun, 03 Jul 2022RM2.2bRM410.5mRM112.3m18.5x19.5x5.3x
Tue, 31 May 2022RM2.2bRM410.5mRM112.3m18.8x19.9x5.4x
Thu, 28 Apr 2022RM2.2bRM412.9mRM112.8m18.3x19.7x5.4x
Sat, 26 Mar 2022RM2.1bRM413.3mRM106.9m15.9x20x5.2x
Mon, 21 Feb 2022RM2.1bRM415.1mRM108.2m18x19.8x5.2x
Wed, 19 Jan 2022RM2.2bRM406.9mRM128.3m14.3x17x5.4x
Fri, 17 Dec 2021RM2.2bRM406.9mRM128.3m13.9x16.8x5.3x
Sun, 14 Nov 2021RM2.2bRM403.9mRM124.6m15.8x17.3x5.3x
Tue, 12 Oct 2021RM2.1bRM399.8mRM123.4m15.8x17.2x5.3x
Thu, 09 Sep 2021RM2.1bRM399.8mRM123.4m15.8x17.2x5.3x
Sat, 07 Aug 2021RM2.1bRM399.8mRM123.4m15.5x17.3x5.4x
Fri, 30 Apr 2021RM2.2bRM386.4mRM122.5m23x17.9x5.7x
Price to Earnings Ratio

17.8x


Total Market Cap: RM2.2bTotal Earnings: RM122.5mTotal Revenue: RM386.4mTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Office REITs Industry Price to Earnings3Y Average 18.1x202220232024
Current Industry PE
  • Investors are relatively neutral on the Malaysian Office REITs industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 18.1x.
  • The industry is trading close to its 3-year average PS ratio of 5.3x.
Past Earnings Growth
  • The earnings for companies in the Office REITs industry have declined 9.1% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.3% 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, which has decreased profits.

Industry Comparison

How does Malaysian Office REITs compare with similar industries?

MY Market0.29%
Real Estate3.47%
REITS0.77%
Office REITs-0.30%
Healthcare REITs1.59%
Hotel and Resort REITs0.85%
Diversified REITs0.77%
Retail REITs0.34%
Residential REITs0%
Specialized REITs0%
Industrial REITs-2.14%
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?

CompanyLast Price7D1YValuation
TWRREIT Tower Real Estate Investment TrustRM0.372.8%
+RM2.8m
-21.3%PB0.2x
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Latest News

TWRREIT

RM0.37

Tower Real Estate Investment Trust

7D

2.8%

1Y

-21.3%