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South African (JSE) Diversified REITs Industry Analysis

UpdatedMay 28, 2022
DataAggregated Company Financials
Companies16
  • 7D1.0%
  • 3M-1.3%
  • 1Y-0.1%
  • YTD-6.1%

The Diversified REITs industry is up 1.0% in the last week, with Fairvest Property Holdings up 7.8%. The industry has been flat over the past 12 months despite the gain this week. Looking forward, earnings are forecast to grow by 37% annually.

Industry Valuation and Performance

Has the South African Diversified REITs Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Sat, 28 May 2022R156.9bR40.2bR17.4b8.1x
Mon, 25 Apr 2022R165.4bR40.9bR17.9b9.1x
Wed, 23 Mar 2022R165.6bR42.1bR15.2b10.5x
Fri, 18 Feb 2022R168.0bR44.3bR10.0b11x
Sun, 16 Jan 2022R164.1bR42.3bR9.9b10.3x
Tue, 14 Dec 2021R158.4bR42.4bR9.9b9.5x
Thu, 11 Nov 2021R157.1bR42.1bR7.8b9.9x
Sat, 09 Oct 2021R153.9bR42.0b-R5,826,074,135.0011.8x
Mon, 06 Sep 2021R158.1bR42.0b-R7,576,398,804.4715.6x
Wed, 04 Aug 2021R152.6bR41.8b-R23,066,530,804.4714.6x
Sat, 08 May 2021R152.1bR41.0b-R29,544,305,804.4718.6x
Tue, 09 Feb 2021R126.3bR41.7b-R39,184,078,514.2113.3x
Mon, 02 Nov 2020R101.5bR43.0b-R40,140,760,943.0612.5x
Thu, 06 Aug 2020R120.0bR43.9b-R31,301,566,662.0213.2x
Sun, 10 May 2020R112.0bR45.5b-R12,119,459,864.3714.8x
Sat, 01 Feb 2020R200.7bR46.0bR6.5b12.9x
Tue, 05 Nov 2019R213.2bR45.6bR9.7b11.5x
Fri, 09 Aug 2019R230.4bR46.4bR12.1b11.4x
Median PE Ratio

9.1x


Total Market Cap: R233.9bTotal Earnings: R5.7bTotal Revenue: R46.5bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Diversified REITs Industry Median PE3Y Average 13.1x202020212022
Current Industry PE
  • Investors are more pessimistic on the industry, indicating that they anticipate long-term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 8.1x which is lower than its 3-year average PE of 13.1x.
Past Earnings Growth
  • The earnings for companies in the Diversified REITs industry have grown 45% per year over the last three years.
  • Meanwhile revenues for these companies have declined 4.7% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Comparison

How does South African Diversified REITs compare with similar industries?

ZA Market2.68%
Real Estate1.57%
REITS1.43%
Diversified REITs1.01%
Retail REITs3.37%
Specialized REITs2.70%
Residential REITs0.65%
Hotel and Resort REITs0%
Healthcare REITs0%
Industrial REITs-1.53%
Office REITs-2.02%
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
FTA Fairvest Property HoldingsR14.507.8%
+R1.6b
n/aPB9.9x
GRT Growthpoint PropertiesR14.002.8%
+R1.3b
-4.2%PB0.7x
RDF Redefine PropertiesR4.242.7%
+R736.1m
0.7%PB0.7x
ATT AttacqR6.704.7%
+R211.5m
0.8%PB0.4x
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Latest News

SEA

R8.00

Spear Reit

7D

-1.2%

1Y

23.1%

FFA

R11.87

Fortress REIT

7D

-0.08%

1Y

-17.7%

ATT

R6.70

Attacq

7D

4.7%

1Y

0.8%