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Singaporean (SGX) Industrial REITs Industry Analysis

UpdatedJul 23, 2024
DataAggregated Company Financials
Companies8
  • 7D-0.4%
  • 3M1.8%
  • 1Y-10.4%
  • YTDn/a

Over the last 7 days, the Industrial REITs industry has dropped 2.8%, driven by pullbacks from every company within the industry. The industry has fallen 11% in the last year. Earnings are forecast to grow by 23% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 24 Jul 2024S$32.9bS$4.1bS$464.0m23.6x70.8x8.1x
Fri, 21 Jun 2024S$31.4bS$4.1bS$464.1m22.5x67.6x7.7x
Sun, 19 May 2024S$32.7bS$4.1bS$484.7m22.4x67.4x8x
Tue, 16 Apr 2024S$33.4bS$4.1bS$907.8m18.4x36.8x8.2x
Thu, 14 Mar 2024S$33.7bS$4.1bS$918.0m18.2x36.7x8.3x
Sat, 10 Feb 2024S$34.7bS$4.1bS$908.4m18.3x38.2x8.6x
Mon, 08 Jan 2024S$37.2bS$4.1bS$1.6b15.1x22.7x9.1x
Wed, 06 Dec 2023S$35.4bS$4.1bS$1.6b14.5x21.6x8.7x
Fri, 03 Nov 2023S$33.5bS$4.1bS$2.3b11.3x14.4x8.2x
Sun, 01 Oct 2023S$35.1bS$4.1bS$2.3b11.4x15x8.6x
Tue, 29 Aug 2023S$35.4bS$4.1bS$2.3b11.9x15.2x8.7x
Thu, 27 Jul 2023S$37.0bS$4.0bS$2.4b15.8x15.2x9.2x
Sat, 24 Jun 2023S$35.1bS$4.0bS$2.1b12.4x16.5x8.8x
Mon, 22 May 2023S$35.5bS$4.0bS$2.1b12.7x16.6x8.9x
Wed, 19 Apr 2023S$36.7bS$4.0bS$2.6b12.5x13.9x9.2x
Fri, 17 Mar 2023S$35.5bS$4.0bS$2.7b11.8x13.4x8.9x
Sun, 12 Feb 2023S$35.6bS$3.9bS$2.7b11.2x13x9.1x
Tue, 10 Jan 2023S$34.8bS$3.8bS$2.7b11.7x12.7x9.2x
Thu, 08 Dec 2022S$34.1bS$3.9bS$2.8b11.6x12.4x8.8x
Sat, 05 Nov 2022S$32.2bS$3.9bS$2.9b11.4x11x8.3x
Mon, 03 Oct 2022S$34.3bS$3.8bS$2.9b11.3x11.7x9x
Wed, 31 Aug 2022S$37.5bS$3.8bS$2.9b12.1x12.8x9.9x
Fri, 29 Jul 2022S$38.4bS$3.7bS$3.3b13x11.5x10.4x
Sun, 26 Jun 2022S$37.1bS$3.7bS$3.3b12.5x11.2x10.1x
Tue, 24 May 2022S$37.0bS$3.8bS$3.6b11.5x10.4x9.8x
Thu, 21 Apr 2022S$38.7bS$3.7bS$2.9b15.2x13.3x10.4x
Sat, 19 Mar 2022S$38.8bS$3.7bS$2.9b15.4x13.3x10.5x
Mon, 14 Feb 2022S$38.0bS$3.7bS$2.9b14.7x13x10.3x
Wed, 12 Jan 2022S$38.3bS$3.5bS$2.4b16.3x15.9x11x
Fri, 10 Dec 2021S$39.7bS$3.5bS$2.4b17.9x16.5x11.4x
Sun, 07 Nov 2021S$40.0bS$3.4bS$1.9b20.9x20.8x11.6x
Tue, 05 Oct 2021S$39.4bS$3.4bS$1.8b20.4x21.8x11.7x
Thu, 02 Sep 2021S$41.1bS$3.4bS$1.8b21x22.7x12.3x
Sat, 31 Jul 2021S$41.0bS$3.4bS$1.8b20.8x22.7x12.2x
Price to Earnings Ratio

22.7x


Total Market Cap: S$41.0bTotal Earnings: S$1.8bTotal Revenue: S$3.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Industrial REITs Industry Price to Earnings3Y Average 21.3x202220232024
Current Industry PE
  • Investors are optimistic on the Singaporean Industrial REITs industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 68.2x which is higher than its 3-year average PE of 19.5x.
  • The 3-year average PS ratio of 9.6x is higher than the industry's current PS ratio of 7.8x.
Past Earnings Growth
  • The earnings for companies in the Industrial REITs industry have declined 36% per year over the last three years.
  • Meanwhile revenues for these companies have grown 6.8% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Singaporean Industrial REITs compare with similar industries?

SG Market-1.29%
Real Estate-0.93%
REITS0.79%
Industrial REITs-0.42%
Office REITs1.68%
Diversified REITs0.79%
Residential REITs0%
Specialized REITs0%
Hotel and Resort REITs-0.12%
Retail REITs-1.34%
Healthcare REITs-2.88%
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
J91U ESR-LOGOS REITS$0.281.8%
+S$38.4m		-17.4%PB0.8x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
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