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Singaporean (SGX) REITS Industry Analysis

UpdatedDec 21, 2024
DataAggregated Company Financials
Companies3
  • 7D-3.7%
  • 3M-11.7%
  • 1Y-1.5%
  • YTD-2.2%

Over the last 7 days, the REITS industry has dropped 2.2%, driven by pullbacks from every company within the industry. As for the longer term, the industry's performance has been flat for the past year. As for the next few years, earnings are expected to grow by 9.1% per annum.

Industry Valuation and Performance

Has the Singaporean REITS Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 21 Dec 2024S$5.8bS$1.0bS$359.4m12.8x16.1x5.6x
Mon, 18 Nov 2024S$5.8bS$1.0bS$359.4m12.9x16.2x5.7x
Wed, 16 Oct 2024S$6.3bS$1.0bS$359.4m14.1x17.5x6.1x
Fri, 13 Sep 2024S$6.3bS$1.0bS$359.4m14.1x17.5x6.1x
Sun, 11 Aug 2024S$5.7bS$1.0bS$359.4m12.9x15.9x5.6x
Tue, 09 Jul 2024S$5.4bS$1.0bS$290.9m12.9x18.5x5.3x
Thu, 06 Jun 2024S$5.5bS$1.0bS$290.9m13.1x18.9x5.4x
Sat, 04 May 2024S$5.4bS$1.0bS$290.9m12.7x18.5x5.3x
Mon, 01 Apr 2024S$5.5bS$1.0bS$531.5m7.8x10.3x5.4x
Wed, 28 Feb 2024S$5.6bS$1.0bS$402.2m19.3x13.9x5.5x
Fri, 26 Jan 2024S$10.1bS$1.4bS$495.8m21.6x20.4x7.1x
Sun, 24 Dec 2023S$10.1bS$1.5bS$569.8m19x17.8x6.8x
Tue, 21 Nov 2023S$9.6bS$1.5bS$507.8m12.5x19x6.4x
Thu, 19 Oct 2023S$9.5bS$1.5bS$507.8m12.6x18.7x6.4x
Sat, 16 Sep 2023S$9.7bS$1.5bS$507.8m13.5x19.2x6.5x
Mon, 14 Aug 2023S$10.3bS$1.5bS$576.5m17.9x17.8x6.9x
Wed, 12 Jul 2023S$10.5bS$1.5bS$792.6m15.1x13.2x6.9x
Fri, 09 Jun 2023S$10.7bS$1.5bS$792.6m15.3x13.5x7x
Sun, 07 May 2023S$10.9bS$1.5bS$792.6m15.1x13.7x7.2x
Tue, 04 Apr 2023S$11.0bS$1.5bS$792.6m15.4x13.9x7.3x
Thu, 02 Mar 2023S$102.0bS$12.4bS$6.8b14.8x15x8.2x
Sat, 28 Jan 2023S$107.1bS$11.7bS$7.7b11.8x13.8x9.2x
Mon, 26 Dec 2022S$98.6bS$11.8bS$8.0b11.3x12.4x8.4x
Wed, 23 Nov 2022S$99.2bS$11.8bS$8.0b11.4x12.4x8.4x
Fri, 21 Oct 2022S$94.3bS$11.5bS$7.9b10.9x11.9x8.2x
Sun, 18 Sep 2022S$108.8bS$11.5bS$7.9b12.9x13.7x9.4x
Tue, 16 Aug 2022S$113.1bS$11.5bS$8.0b12.9x14.1x9.8x
Thu, 14 Jul 2022S$107.1bS$11.0bS$7.9b13.8x13.6x9.7x
Sat, 11 Jun 2022S$108.7bS$11.0bS$7.9b14.2x13.8x9.9x
Mon, 09 May 2022S$111.1bS$11.1bS$7.9b13.7x14x10x
Wed, 06 Apr 2022S$114.1bS$11.1bS$7.3b15.1x15.6x10.3x
Fri, 04 Mar 2022S$107.9bS$11.1bS$7.3b15.3x14.8x9.8x
Sun, 30 Jan 2022S$104.0bS$10.4bS$4.9b17.1x21.4x10x
Tue, 28 Dec 2021S$108.8bS$10.2bS$4.2b19.9x26.1x10.7x
Price to Earnings Ratio

26.1x


Total Market Cap: S$108.8bTotal Earnings: S$4.2bTotal Revenue: S$10.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean REITS Industry Price to Earnings3Y Average 15.9x202220232024
Current Industry PE
    There are only 3 companies in the Singaporean 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 56% per year over the last three years,
  • Revenues have also declined 53% 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 Singaporean Real Estate industry?

SG Market-2.14%
Real Estate-2.29%
REITS-3.65%
Residential REITs0%
Specialized REITs0%
Healthcare REITs-0.58%
Retail REITs-1.20%
Hotel and Resort REITs-1.52%
Industrial REITs-1.63%
Office REITs-2.31%
Diversified REITs-3.65%
Industry PE
  • Investors are most optimistic about the Industrial REITs industry which is trading above its 3-year average PE ratio of 27.7x.
    • Analysts are expecting annual earnings growth of 20.2%, which is higher than its past year's earnings decline of 51.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Office REITs industry, expecting annual earnings growth of 36% over the next 5 years.
  • This is better than its past earnings decline of 56% per year.
  • In contrast, the Hotel and Resort REITs industry is expected to see its earnings decline by 7.6% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
No data available
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