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Singaporean (SGX) Retail REITs Industry Analysis

UpdatedJan 21, 2025
DataAggregated Company Financials
Companies11
  • 7D1.4%
  • 3M-4.9%
  • 1Y-2.0%
  • YTD0.4%

The Retail REITs industry has been flat over the last week, but BHG Retail REIT has lost 3.2%. In line with that, the industry has also been flat over the past 12 months. Looking forward, earnings are forecast to grow by 3.2% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Jan 2025S$26.0bS$3.5bS$1.3b17.8x19.6x7.5x
Thu, 19 Dec 2024S$31.9bS$4.4bS$1.8b16.8x17.9x7.2x
Sat, 16 Nov 2024S$32.4bS$4.4bS$1.8b17.2x18.1x7.3x
Mon, 14 Oct 2024S$35.0bS$4.5bS$1.9b18.1x18.3x7.8x
Wed, 11 Sep 2024S$33.9bS$4.5bS$1.9b16.9x17.7x7.6x
Fri, 09 Aug 2024S$31.9bS$4.4bS$2.0b16.2x16x7.2x
Sun, 07 Jul 2024S$31.2bS$4.5bS$1.9b15.6x16.1x7x
Tue, 04 Jun 2024S$31.2bS$4.5bS$1.7b15.4x18.8x6.9x
Thu, 02 May 2024S$31.1bS$4.5bS$1.7b15.3x18.7x6.8x
Sat, 30 Mar 2024S$31.6bS$4.5bS$1.4b17.4x21.8x7x
Mon, 26 Feb 2024S$31.9bS$4.5bS$1.6b16.3x19.9x7x
Wed, 24 Jan 2024S$32.7bS$4.5bS$1.5b15.5x21.6x7.3x
Fri, 22 Dec 2023S$33.0bS$4.5bS$1.5b16.2x21.8x7.3x
Sun, 19 Nov 2023S$31.1bS$4.5bS$1.5b14.8x20.5x6.9x
Tue, 17 Oct 2023S$30.6bS$4.4bS$1.7b14.2x18.3x6.9x
Thu, 14 Sep 2023S$31.9bS$4.4bS$1.7b15.1x19.2x7.2x
Sat, 12 Aug 2023S$33.4bS$4.5bS$1.8b16.1x18.2x7.5x
Mon, 10 Jul 2023S$33.0bS$4.2bS$2.0b14x16.9x7.8x
Wed, 07 Jun 2023S$34.1bS$4.2bS$2.0b14.7x17.5x8x
Fri, 05 May 2023S$35.5bS$4.2bS$1.9b15.9x18.2x8.4x
Sun, 02 Apr 2023S$35.5bS$4.1bS$2.0b15.7x17.9x8.6x
Price to Earnings Ratio

17.9x


Total Market Cap: S$35.5bTotal Earnings: S$2.0bTotal Revenue: S$4.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Retail REITs Industry Price to Earnings3Y Average 18.9xJulyOctober2024AprilJulyOctober2025
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 18.9x.
  • The industry is trading close to its 3-year average PS ratio of 7.4x.
Past Earnings Growth
  • The earnings for companies in the Retail REITs industry have declined 12% per year over the last three years,
  • Revenues have also declined 5.4% 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 Market0.67%
Real Estate1.51%
Retail REITs1.35%
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
C38U CapitaLand Integrated Commercial TrustS$1.962.6%
+S$364.9m
-1.5%PB1x
J69U Frasers Centrepoint TrustS$2.152.4%
+S$90.9m
-4.9%PB0.9x
JYEU Lendlease Global Commercial REITS$0.563.7%
+S$48.5m
-8.9%PB0.6x
P40U Starhill Global Real Estate Investment TrustS$0.512.0%
+S$22.9m
0%PB0.7x
BMGU BHG Retail REITS$0.457.1%
+S$15.6m
-1.1%PB0.6x
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Latest News

CRPU

S$0.68

Sasseur Real Estate Investment Trust

7D

0.7%

1Y

0.7%

C38U

S$1.96

CapitaLand Integrated Commercial Trust

7D

2.6%

1Y

-1.5%

D5IU

S$0.017

Lippo Malls Indonesia Retail Trust

7D

-5.6%

1Y

13.3%

P40U

S$0.51

Starhill Global Real Estate Investment Trust

7D

2.0%

1Y

0%

J69U

S$2.15

Frasers Centrepoint Trust

7D

2.4%

1Y

-4.9%

AU8U

S$0.73

CapitaLand China Trust

7D

0.7%

1Y

-14.0%

JYEU

S$0.56

Lendlease Global Commercial REIT

7D

3.7%

1Y

-8.9%

SK6U

S$0.89

Paragon REIT

7D

0.6%

1Y

5.3%

BMGU

S$0.45

BHG Retail REIT

7D

7.1%

1Y

-1.1%

ODBU

US$0.47

United Hampshire US Real Estate Investment Trust

7D

-1.1%

1Y

-8.7%