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Singaporean (SGX) Retail REITs Industry Analysis

UpdatedAug 22, 2025
DataAggregated Company Financials
Companies9
  • 7D-0.2%
  • 3M7.4%
  • 1Y-0.5%
  • YTDn/a

The Retail REITs industry has stayed flat over the last week. Furthermore, the industry has been flat for the past year as well. As for the next few years, earnings are expected to grow by 12% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 22 Aug 2025S$10.0bS$1.6bS$465.1m20.4x21.5x6.3x
Sun, 20 Jul 2025S$9.8bS$1.6bS$351.7m18.2x27.7x6.1x
Tue, 17 Jun 2025S$25.0bS$3.2bS$1.3b17.1x19.4x7.8x
Thu, 15 May 2025S$27.1bS$3.5bS$1.6b16x17x7.8x
Sat, 12 Apr 2025S$26.4bS$3.5bS$1.6b16x16.6x7.6x
Mon, 10 Mar 2025S$26.1bS$3.5bS$1.6b15.7x16.4x7.5x
Wed, 05 Feb 2025S$25.6bS$3.5bS$1.3b16.8x19.2x7.4x
Fri, 03 Jan 2025S$26.0bS$3.5bS$1.3b17.8x19.5x7.4x
Sun, 01 Dec 2024S$32.4bS$4.4bS$1.8b17x18.1x7.3x
Tue, 29 Oct 2024S$34.0bS$4.4bS$1.8b17.9x18.7x7.7x
Thu, 26 Sep 2024S$34.4bS$4.5bS$1.9b17.3x18x7.7x
Sat, 24 Aug 2024S$33.0bS$4.5bS$2.0b16.8x16.8x7.4x
Mon, 22 Jul 2024S$32.3bS$4.5bS$1.9b16x16.6x7.2x
Wed, 19 Jun 2024S$30.9bS$4.5bS$1.7b15.3x18.6x6.8x
Fri, 17 May 2024S$31.5bS$4.5bS$1.7b15.5x18.9x6.9x
Sun, 14 Apr 2024S$31.4bS$4.5bS$1.4b17.8x21.6x6.9x
Tue, 12 Mar 2024S$31.4bS$4.5bS$1.4b17x21.7x6.9x
Thu, 08 Feb 2024S$32.2bS$4.5bS$1.6b17.9x20.1x7.1x
Sat, 06 Jan 2024S$33.4bS$4.5bS$1.5b16.7x22x7.4x
Mon, 04 Dec 2023S$31.1bS$4.5bS$1.5b14.9x20.5x6.9x
Wed, 01 Nov 2023S$29.4bS$4.5bS$1.5b14.3x19.5x6.5x
Fri, 29 Sep 2023S$30.9bS$4.4bS$1.7b14.4x18.5x7x
Sun, 27 Aug 2023S$32.4bS$4.4bS$1.7b15.8x19.5x7.3x
Tue, 25 Jul 2023S$34.4bS$4.2bS$2.0b14.7x17.7x8.1x
Thu, 22 Jun 2023S$34.4bS$4.2bS$2.0b14.3x17.7x8.1x
Sat, 20 May 2023S$34.7bS$4.2bS$2.0b15x17.8x8.2x
Mon, 17 Apr 2023S$36.2bS$4.1bS$2.0b16x18.3x8.8x
Wed, 15 Mar 2023S$33.8bS$4.1bS$2.0b15.7x17x8.2x
Fri, 10 Feb 2023S$35.9bS$4.1bS$2.0b15.9x17.7x8.8x
Sun, 08 Jan 2023S$34.8bS$3.9bS$2.4b13.7x14.4x9x
Tue, 06 Dec 2022S$35.0bS$3.9bS$2.4b13.6x14.5x9x
Thu, 03 Nov 2022S$34.0bS$3.9bS$2.4b13.5x14x8.8x
Sat, 01 Oct 2022S$34.6bS$3.7bS$2.2b13.8x15.4x9.3x
Mon, 29 Aug 2022S$37.2bS$3.7bS$2.3b14.5x16.2x10x
Price to Earnings Ratio

16.2x


Total Market Cap: S$37.2bTotal Earnings: S$2.3bTotal Revenue: S$3.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Retail REITs Industry Price to Earnings3Y Average 18.4x202320242025
Current Industry PE
  • Investors are optimistic on the Singaporean Retail REITs industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 21.5x which is higher than its 3-year average PE of 18.4x.
  • The 3-year average PS ratio of 7.7x is higher than the industry's current PS ratio of 6.3x.
Past Earnings Growth
  • The earnings for companies in the Retail REITs industry have declined 41% per year over the last three years,
  • Revenues have also declined 25% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Singaporean Retail REITs compare with similar industries?

SG Market-0.34%
Real Estate0.15%
REITS0.88%
Retail REITs-0.15%
Diversified REITs0.88%
Office REITs0.69%
Specialized REITs0%0
Healthcare REITs0%0
Hotel and Resort REITs-0.42%
Industrial REITs-0.57%
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
J69U Frasers Centrepoint TrustS$2.250.9%
+S$40.6m
-4.7%PB1.1x
JYEU Lendlease Global Commercial REITS$0.581.8%
+S$24.5m
1.8%PB0.7x
AU8U CapitaLand China TrustS$0.730.7%
+S$8.7m
8.1%PB0.7x
D5IU Lippo Malls Indonesia Retail TrustS$0.0176.3%
+S$7.7m
-15.0%PB0.2x

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