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Singaporean (SGX) Industrial REITs Industry Analysis

UpdatedApr 15, 2025
DataAggregated Company Financials
Companies8
  • 7D-3.6%
  • 3M-7.3%
  • 1Y-14.9%
  • YTD-9.4%

Over the last 7 days, the Industrial REITs industry has dropped 11%, driven by Mapletree Logistics Trust declining 8.3%. The industry has fallen 17% in the last year. Earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

Has the Singaporean Industrial REITs Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 15 Apr 2025S$28.7bS$4.1bS$1.2b20.9x23.3x6.9x
Thu, 13 Mar 2025S$30.9bS$4.1bS$1.2b23x25x7.5x
Sat, 08 Feb 2025S$31.1bS$4.1bS$629.5m23.2x49.5x7.5x
Mon, 06 Jan 2025S$31.9bS$4.1bS$689.5m23.6x46.3x7.7x
Wed, 04 Dec 2024S$32.0bS$4.1bS$689.5m23.3x46.3x7.7x
Fri, 01 Nov 2024S$33.4bS$4.1bS$412.6m25.4x80.9x8.1x
Sun, 29 Sep 2024S$35.6bS$4.1bS$446.2m25.3x79.9x8.7x
Tue, 27 Aug 2024S$34.2bS$4.1bS$446.2m24.2x76.7x8.3x
Thu, 25 Jul 2024S$32.8bS$4.1bS$464.0m23.5x70.6x8x
Sat, 22 Jun 2024S$31.2bS$4.1bS$464.0m22.8x67.3x7.7x
Mon, 20 May 2024S$32.7bS$4.1bS$494.6m22.4x66.1x8x
Wed, 17 Apr 2024S$33.4bS$4.1bS$907.8m18.3x36.8x8.2x
Fri, 15 Mar 2024S$33.7bS$4.1bS$918.0m18x36.7x8.3x
Sun, 11 Feb 2024S$34.7bS$4.1bS$908.4m18.3x38.2x8.6x
Tue, 09 Jan 2024S$37.3bS$4.1bS$1.6b15.1x22.8x9.2x
Thu, 07 Dec 2023S$35.5bS$4.1bS$1.6b14.6x21.7x8.7x
Sat, 04 Nov 2023S$34.0bS$4.1bS$1.7b12.7x20.4x8.3x
Mon, 02 Oct 2023S$35.1bS$4.1bS$2.3b11.4x15x8.6x
Wed, 30 Aug 2023S$35.7bS$4.1bS$2.3b11.9x15.3x8.7x
Fri, 28 Jul 2023S$37.0bS$4.0bS$2.4b15.8x15.3x9.2x
Sun, 25 Jun 2023S$35.1bS$4.0bS$2.1b12.4x16.5x8.8x
Tue, 23 May 2023S$35.5bS$4.0bS$2.1b12.6x16.6x8.9x
Thu, 20 Apr 2023S$36.6bS$4.0bS$2.6b12.4x13.8x9.2x
Price to Earnings Ratio

13.4x


Total Market Cap: S$35.7bTotal Earnings: S$2.7bTotal Revenue: S$4.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Industrial REITs Industry Price to Earnings3Y Average 38x20242025
Current Industry PE
  • Investors are pessimistic on the Singaporean Industrial 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 23.1x which is lower than its 3-year average PE of 38.0x.
  • The 3-year average PS ratio of 8.3x is higher than the industry's current PS ratio of 6.9x.
Past Earnings Growth
  • The earnings for companies in the Industrial REITs industry have declined 23% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Singaporean Real Estate industry?

SG Market1.11%
Real Estate-0.60%
Industrial REITs-3.65%
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
A17U CapitaLand Ascendas REITS$2.561.6%
+S$176.0m
-2.7%PB1.1x
ME8U Mapletree Industrial TrustS$1.982.6%
+S$142.5m
-12.8%PB1.1x
BUOU Frasers Logistics & Commercial TrustS$0.874.2%
+S$131.7m
-14.7%PB0.8x
O5RU AIMS APAC REITS$1.232.5%
+S$24.4m
-3.1%PB0.7x
DHLU Daiwa House Logistics TrustS$0.561.8%
+S$7.0m
-4.3%PB0.7x
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Latest News

M44U

S$1.14

Mapletree Logistics Trust

7D

-0.9%

1Y

-18.6%

O5RU

S$1.23

AIMS APAC REIT

7D

2.5%

1Y

-3.1%

J91U

S$0.20

ESR-REIT

7D

-6.8%

1Y

-31.7%

BUOU

S$0.87

Frasers Logistics & Commercial Trust

7D

4.2%

1Y

-14.7%

A17U

S$2.56

CapitaLand Ascendas REIT

7D

1.6%

1Y

-2.7%

DHLU

S$0.56

Daiwa House Logistics Trust

7D

1.8%

1Y

-4.3%

M1GU

S$0.34

Sabana Industrial Real Estate Investment Trust

7D

-2.9%

1Y

-5.6%

ME8U

S$1.98

Mapletree Industrial Trust

7D

2.6%

1Y

-12.8%