Filipino (PSEi) REITS Industry Analysis
UpdatedApr 21, 2024
DataAggregated Company Financials
Companies2
- 7D1.4%
- 3M2.2%
- 1Y7.7%
- YTD5.5%
All of the companies in the REITS industry have been up over the last week, with the industry up 1.4%. In the last 12 months, the industry was up 7.7%.
Industry Valuation and Performance
Has the Filipino REITS Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 21 Apr 2024 | ₱18.5b | ₱3.0b | ₱3.1b | 9.5x | 5.9x | 6.1x |
| Tue, 19 Mar 2024 | ₱18.1b | ₱3.0b | ₱3.1b | 9.2x | 5.8x | 5.9x |
| Thu, 15 Feb 2024 | ₱18.0b | ₱3.0b | ₱3.1b | 9.2x | 5.8x | 5.9x |
| Sat, 13 Jan 2024 | ₱18.1b | ₱3.0b | ₱3.1b | 9x | 5.8x | 5.9x |
| Mon, 11 Dec 2023 | ₱17.7b | ₱3.0b | ₱3.1b | 9x | 5.7x | 5.8x |
| Wed, 08 Nov 2023 | ₱17.4b | ₱3.3b | ₱3.6b | 7.8x | 4.9x | 5.3x |
| Fri, 06 Oct 2023 | ₱17.8b | ₱3.3b | ₱3.6b | 8x | 5x | 5.4x |
| Sun, 03 Sep 2023 | ₱4.9b | ₱730.6m | ₱425.9m | 11.6x | 11.6x | 6.8x |
| Tue, 01 Aug 2023 | ₱5.1b | ₱426.2m | ₱167.1m | 29.5x | 30.3x | 11.9x |
| Thu, 29 Jun 2023 | ₱5.1b | ₱426.2m | ₱167.1m | 30.5x | 30.5x | 12x |
| Sat, 27 May 2023 | ₱5.0b | ₱400.7m | ₱75.2m | 67.3x | 66x | 12.4x |
| Mon, 24 Apr 2023 | ₱4.9b | ₱400.7m | ₱75.2m | 65.6x | 65.6x | 12.3x |
| Wed, 22 Mar 2023 | ₱5.0b | ₱400.7m | ₱75.2m | 65.6x | 66x | 12.4x |
| Fri, 17 Feb 2023 | ₱236.6b | ₱20.0b | ₱20.7b | 15.9x | 11.4x | 11.8x |
| Sun, 15 Jan 2023 | ₱226.6b | ₱19.6b | ₱20.6b | 15.1x | 11x | 11.5x |
| Tue, 13 Dec 2022 | ₱210.7b | ₱19.6b | ₱20.6b | 14.7x | 10.2x | 10.7x |
| Thu, 10 Nov 2022 | ₱197.9b | ₱17.7b | ₱19.4b | 16.2x | 10.2x | 11.2x |
| Sat, 08 Oct 2022 | ₱206.6b | ₱16.8b | ₱18.7b | 14.6x | 11.1x | 12.3x |
| Mon, 05 Sep 2022 | ₱238.1b | ₱16.8b | ₱18.7b | 17.9x | 12.7x | 14.2x |
| Wed, 03 Aug 2022 | ₱234.7b | ₱14.4b | ₱17.9b | 20.8x | 13.1x | 16.3x |
| Fri, 01 Jul 2022 | ₱227.9b | ₱14.4b | ₱17.9b | 20.7x | 12.7x | 15.8x |
| Sun, 29 May 2022 | ₱256.7b | ₱14.4b | ₱17.9b | 22.5x | 14.4x | 17.8x |
| Tue, 26 Apr 2022 | ₱262.1b | ₱13.0b | ₱13.4b | 19.3x | 19.5x | 20.1x |
| Thu, 24 Mar 2022 | ₱252.4b | ₱9.2b | ₱4.8b | 15.6x | 52.3x | 27.3x |
| Sat, 19 Feb 2022 | ₱269.6b | ₱7.6b | ₱3.1b | 12.9x | 85.7x | 35.4x |
| Mon, 17 Jan 2022 | ₱287.6b | ₱7.6b | ₱3.1b | 13.2x | 91.4x | 37.8x |
| Wed, 15 Dec 2021 | ₱259.4b | ₱7.6b | ₱3.1b | 12.9x | 82.4x | 34.1x |
| Fri, 12 Nov 2021 | ₱252.3b | ₱7.4b | ₱6.3b | 18.6x | 40.1x | 34x |
| Sun, 10 Oct 2021 | ₱222.8b | ₱4.5b | ₱4.3b | 19.2x | 51.2x | 49.2x |
| Tue, 07 Sep 2021 | ₱106.6b | ₱6.1b | ₱5.7b | 25.9x | 18.7x | 17.5x |
| Thu, 05 Aug 2021 | ₱69.2b | ₱4.5b | ₱4.3b | 17.8x | 15.9x | 15.3x |
| Sun, 09 May 2021 | ₱72.3b | ₱4.2b | ₱6.5b | 16.3x | 11.1x | 17.3x |
Price to Earnings Ratio
11.1x
Current Industry PE
- There are only 2 companies in the Filipino REITs industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- The earnings for companies in the REITs industry have declined 22% per year over the last three years,
- Revenues have also declined 9.9% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Filipino Real Estate industry?
| PH Market | -2.75% | |
| Real Estate | -5.01% | |
| REITS | 1.42% | |
| Diversified REITs | 1.42% | |
| Industrial REITs | 0% | |
| Residential REITs | 0% | |
| Retail REITs | 0% | |
| Hotel and Resort REITs | 0% | |
| Healthcare REITs | 0% | |
| Office REITs | -1.07% | |
| Specialized REITs | -3.17% | |
Industry PE
- Investors are most optimistic about the Specialized REITs industry which is trading above its 3-year average PE ratio of 10.4x.
- Analysts are expecting annual earnings growth of 2.2%, which is lower than the prior year's growth of 11.6% per year.
- Investors are most pessimistic about the Diversified REITs industry, which is trading below its 3-year average of 15.4x.
Forecasted Growth
- Analysts are most optimistic on the Office REITs industry, expecting annual earnings growth of 7.4% over the next 5 years.
- In contrast, the Specialized REITs industry is expected to see its earnings grow by 2.2% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| VREIT VistaREIT | ₱1.74 | 1.8% +₱225.0m | 6.7% | PB0.3x | |
| PREIT Premiere Island Power Reit | ₱1.65 | 0.6% +₱32.9m | 10.0% | PB0.6x |