Singaporean (SGX) Retail REITs Industry Analysis
UpdatedApr 25, 2024
DataAggregated Company Financials
Companies12
- 7D4.3%
- 3M-4.5%
- 1Y-13.7%
- YTD-8.5%
The Retail REITs industry is up 4.3% in the last week, with CapitaLand Integrated Commercial Trust up 5.9%. In the past year, the industry is down 14%. Earnings are forecast to grow by 2.1% annually.
Industry Valuation and Performance
Has the Singaporean Retail REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | S$31.3b | S$4.5b | S$1.7b | 15.4x | 18.7x | 6.9x |
| Sun, 24 Mar 2024 | S$31.3b | S$4.5b | S$1.4b | 17.3x | 21.6x | 6.9x |
| Tue, 20 Feb 2024 | S$32.1b | S$4.5b | S$1.6b | 17.6x | 20.1x | 7.1x |
| Thu, 18 Jan 2024 | S$32.6b | S$4.5b | S$1.5b | 15.8x | 21.5x | 7.3x |
| Sat, 16 Dec 2023 | S$33.4b | S$4.5b | S$1.5b | 16.1x | 22x | 7.4x |
| Mon, 13 Nov 2023 | S$29.9b | S$4.5b | S$1.5b | 14.1x | 19.8x | 6.6x |
| Wed, 11 Oct 2023 | S$30.6b | S$4.4b | S$1.7b | 14.4x | 18.4x | 6.9x |
| Fri, 08 Sep 2023 | S$32.2b | S$4.4b | S$1.7b | 15.3x | 19.3x | 7.2x |
| Sun, 06 Aug 2023 | S$34.0b | S$4.4b | S$1.9b | 15.9x | 17.7x | 7.7x |
| Tue, 04 Jul 2023 | S$33.9b | S$4.2b | S$2.0b | 14.4x | 17.4x | 8x |
| Thu, 01 Jun 2023 | S$34.3b | S$4.2b | S$2.0b | 14.8x | 17.6x | 8.1x |
| Sat, 29 Apr 2023 | S$35.4b | S$4.3b | S$1.9b | 15.6x | 18.4x | 8.3x |
Price to Earnings Ratio
18.1x
Current Industry PE
- Investors are relatively neutral on the Singaporean Retail REITs industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 19.5x.
- The industry is trading close to its 3-year average PS ratio of 7.5x.
Past Earnings Growth
- The earnings for companies in the Retail REITs industry have declined 5.5% per year over the last three years.
- Meanwhile revenues for these companies have grown 3.3% 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 Trends
Which industries have driven the changes within the Singaporean Real Estate industry?
| SG Market | 3.66% | |
| Real Estate | 2.95% | |
| Retail REITs | 4.30% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| C38U CapitaLand Integrated Commercial Trust | S$1.97 | 5.9% +S$740.5m | -2.5% | PB0.9x | |
| N2IU Mapletree Pan Asia Commercial Trust | S$1.26 | 4.1% +S$262.6m | -28.8% | PB0.7x | |
| J69U Frasers Centrepoint Trust | S$2.17 | 2.8% +S$108.5m | -1.8% | PB1x | |
| JYEU Lendlease Global Commercial REIT | S$0.55 | 1.9% +S$23.8m | -21.6% | PB0.6x | |
| SK6U Paragon REIT | S$0.85 | 0.6% +S$14.2m | -8.6% | PB0.8x |