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Singaporean (SGX) REITS Industry Analysis

UpdatedMay 23, 2024
DataAggregated Company Financials
Companies3
  • 7D-1.0%
  • 3M-1.6%
  • 1Y-16.1%
  • YTD-7.3%

In the last week, REITS has been flat. As for the longer term, the industry has declined 14% in the last year. Looking forward, earnings are forecast to grow by 9.9% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 23 May 2024S$5.5bS$1.0bS$290.9m12.9x18.8x5.4x
Sat, 20 Apr 2024S$5.4bS$1.0bS$293.1m12.8x18.5x5.3x
Mon, 18 Mar 2024S$5.3bS$1.0bS$531.5m7.2x9.9x5.2x
Wed, 14 Feb 2024S$5.6bS$1.0bS$402.2m19.7x13.9x5.5x
Fri, 12 Jan 2024S$10.2bS$1.5bS$569.8m19.2x17.9x6.8x
Sun, 10 Dec 2023S$9.9bS$1.5bS$569.8m17.8x17.4x6.6x
Tue, 07 Nov 2023S$9.7bS$1.5bS$507.8m12.7x19.1x6.5x
Thu, 05 Oct 2023S$9.5bS$1.5bS$507.8m12.6x18.7x6.4x
Sat, 02 Sep 2023S$9.8bS$1.5bS$507.8m13.5x19.4x6.6x
Mon, 31 Jul 2023S$10.6bS$1.5bS$576.5m18.6x18.4x7.1x
Wed, 28 Jun 2023S$10.5bS$1.5bS$792.6m15x13.3x6.9x
Fri, 26 May 2023S$10.8bS$1.5bS$792.6m15.2x13.6x7.1x
Sun, 23 Apr 2023S$11.1bS$1.5bS$792.6m15.5x13.9x7.3x
Tue, 21 Mar 2023S$11.0bS$1.5bS$792.6m15.6x13.8x7.2x
Thu, 16 Feb 2023S$101.0bS$12.3bS$6.9b12.3x14.7x8.2x
Sat, 14 Jan 2023S$100.7bS$11.6bS$7.9b11.2x12.7x8.7x
Mon, 12 Dec 2022S$99.9bS$11.8bS$8.0b11.5x12.5x8.5x
Wed, 09 Nov 2022S$94.7bS$11.8bS$8.1b11.1x11.7x8.1x
Fri, 07 Oct 2022S$101.8bS$11.5bS$7.9b11.7x12.8x8.8x
Sun, 04 Sep 2022S$108.4bS$11.5bS$7.9b12.8x13.7x9.4x
Tue, 02 Aug 2022S$113.4bS$11.3bS$7.7b13.3x14.8x10x
Thu, 30 Jun 2022S$107.8bS$11.0bS$7.9b14.1x13.7x9.8x
Sat, 28 May 2022S$107.3bS$11.2bS$8.1b13.6x13.3x9.6x
Mon, 25 Apr 2022S$112.9bS$11.1bS$7.4b15x15.2x10.2x
Wed, 23 Mar 2022S$95.9bS$9.8bS$6.2b16.6x15.4x9.8x
Fri, 18 Feb 2022S$107.5bS$10.9bS$6.8b17.8x15.7x9.8x
Sun, 16 Jan 2022S$107.5bS$10.2bS$4.2b19.7x25.8x10.5x
Tue, 14 Dec 2021S$109.0bS$10.2bS$4.2b20.1x26.1x10.7x
Thu, 11 Nov 2021S$108.9bS$10.1bS$3.4b21.1x31.8x10.8x
Sat, 09 Oct 2021S$106.4bS$9.9bS$2.4b20.9x44.3x10.8x
Mon, 06 Sep 2021S$109.5bS$9.8bS$2.2b21x50.1x11.1x
Wed, 04 Aug 2021S$110.4bS$10.0bS$1.7b21x65.8x11.1x
Price to Earnings Ratio

151.2x


Total Market Cap: S$105.3bTotal Earnings: S$696.6mTotal Revenue: S$9.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean REITS Industry Price to Earnings3Y Average 24.4x202220232024
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 25% per year over the last three years,
  • Revenues have also declined 52% 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 Market0.36%
Real Estate1.37%
REITS-1.02%
Industrial REITs1.71%
Retail REITs1.69%
Office REITs0.96%
Hotel and Resort REITs0.94%
Healthcare REITs0.85%
Residential REITs0%
Specialized REITs0%
Diversified REITs-1.02%
Industry PE
  • Investors are most optimistic about the Industrial REITs industry which is trading above its 3-year average PE ratio of 18.5x.
    • Analysts are expecting annual earnings growth of 23.0%, which is higher than its past year's earnings decline of 63.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Office REITs industry, expecting annual earnings growth of 27% over the next 5 years.
  • This is better than its past earnings decline of 58% per year.
  • In contrast, the Hotel and Resort REITs industry is expected to see its earnings decline by 6.4% 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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TS0U

S$0.27

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