Filipino (PSEi) Office REITs Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies5
- 7D-1.1%
- 3M-5.0%
- 1Y-11.3%
- YTD1.6%
Over the last 7 days, the Office REITs industry has dropped 1.1%, driven by MREIT declining 2.0%. Overall the industry is down 11% in 12 months. Earnings are forecast to grow by 7.4% annually.
Industry Valuation and Performance
Has the Filipino Office REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 23 Apr 2024 | ₱204.4b | ₱20.2b | ₱30.5b | 8x | 6.7x | 10.1x |
| Thu, 21 Mar 2024 | ₱209.9b | ₱20.6b | ₱29.2b | 8.4x | 7.2x | 10.2x |
| Sat, 17 Feb 2024 | ₱215.6b | ₱19.5b | ₱11.4b | 18.8x | 19x | 11x |
| Mon, 15 Jan 2024 | ₱208.1b | ₱19.5b | ₱11.4b | 18.5x | 18.3x | 10.7x |
| Wed, 13 Dec 2023 | ₱194.4b | ₱19.5b | ₱11.4b | 16.9x | 17.1x | 9.9x |
| Fri, 10 Nov 2023 | ₱200.6b | ₱19.0b | ₱11.1b | 18x | 18x | 10.5x |
| Sun, 08 Oct 2023 | ₱201.5b | ₱18.8b | ₱11.1b | 12.6x | 18.2x | 10.7x |
| Tue, 05 Sep 2023 | ₱190.2b | ₱18.8b | ₱11.1b | 14.3x | 17.2x | 10.1x |
| Thu, 03 Aug 2023 | ₱194.0b | ₱18.3b | ₱10.7b | 13.4x | 18.1x | 10.6x |
| Sat, 01 Jul 2023 | ₱205.5b | ₱18.3b | ₱10.7b | 15.4x | 19.2x | 11.2x |
| Mon, 29 May 2023 | ₱203.8b | ₱18.3b | ₱10.7b | 17.1x | 19x | 11.2x |
| Wed, 26 Apr 2023 | ₱230.8b | ₱17.9b | ₱10.6b | 19.9x | 21.9x | 12.9x |
Price to Earnings Ratio
11.5x
Current Industry PE
- Investors are pessimistic on the Filipino Office 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 6.7x which is lower than its 3-year average PE of 17.4x.
- The industry is trading close to its 3-year average PS ratio of 10.9x.
Past Earnings Growth
- The earnings for companies in the Office REITs industry have grown 16% per year over the last three years.
- Revenues for these companies have grown 2.4% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Filipino Real Estate industry?
| PH Market | -2.75% | |
| Real Estate | -5.01% | |
| Office REITs | -1.07% | |
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 | |
|---|---|---|---|---|---|
| AREIT AREIT | ₱33.95 | 3.8% +₱3.0b | 3.5% | PB1x | |
| RCR RL Commercial REIT | ₱5.08 | 2.6% +₱1.4b | -12.0% | PB0.9x | |
| DDMPR DDMP REIT | ₱1.18 | 0.9% +₱178.3m | -11.9% | PB0.4x |