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South African (JSE) Diversified REITs Industry Analysis

UpdatedJun 05, 2023
DataAggregated Company Financials
Companies15
  • 7D2.1%
  • 3M-4.2%
  • 1Y-6.6%
  • YTD-9.8%

In the last week, the Diversified REITs industry is up 2.0%, with Growthpoint Properties up 2.9%. During this same period, the Octodec Investments underperformed, falling 8.1%. In the past year, the industry is down 7.0%. Earnings are forecast to grow by 24% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 06 Jun 2023R124.9bR40.6bR20.5b8.6x6.1x3.1x
Thu, 04 May 2023R133.0bR39.2bR23.2b7x5.7x3.4x
Sat, 01 Apr 2023R128.7bR38.8bR22.7b7.7x5.7x3.3x
Mon, 27 Feb 2023R149.0bR43.3bR25.7b7x5.8x3.4x
Wed, 25 Jan 2023R152.7bR43.1bR25.4b7.1x6x3.5x
Fri, 23 Dec 2022R154.1bR43.1bR25.3b7.2x6.1x3.6x
Sun, 20 Nov 2022R154.0bR42.2bR26.2b6.8x5.9x3.6x
Tue, 18 Oct 2022R142.7bR41.3bR20.5b7.5x6.9x3.5x
Thu, 15 Sep 2022R148.8bR41.1bR17.1b8.6x8.7x3.6x
Sat, 13 Aug 2022R155.2bR40.7bR19.8b8.1x7.8x3.8x
Mon, 11 Jul 2022R145.5bR40.7bR19.8b7.5x7.3x3.6x
Wed, 08 Jun 2022R156.0bR40.5bR18.6b8.2x8.4x3.9x
Fri, 06 May 2022R162.1bR40.9bR17.9b8.7x9.1x4x
Sun, 03 Apr 2022R167.8bR40.8bR17.1b9.3x9.8x4.1x
Tue, 01 Mar 2022R157.7bR42.4bR10.3b8.5x15.3x3.7x
Thu, 27 Jan 2022R156.7bR42.3bR9.9b10.2x15.9x3.7x
Sat, 25 Dec 2021R161.5bR42.4bR9.9b9.5x16.3x3.8x
Mon, 22 Nov 2021R154.2bR42.2bR8.8b9.7x17.6x3.7x
Wed, 20 Oct 2021R154.1bR42.0b-R5,841,836,739.0012.1x-26.4x3.7x
Fri, 17 Sep 2021R155.6bR41.5b-R12,025,759,104.0018.3x-12.9x3.7x
Sun, 15 Aug 2021R155.8bR41.8b-R23,066,530,804.4715.3x-6.8x3.7x
Thu, 10 Jun 2021R150.4bR41.0b-R29,544,305,804.4719.9x-5.1x3.7x
Wed, 03 Mar 2021R138.4bR40.8b-R35,670,725,514.2120.1x-3.9x3.4x
Sat, 05 Dec 2020R116.4bR42.1b-R36,669,451,943.0613.2x-3.2x2.8x
Tue, 08 Sep 2020R111.5bR43.5b-R36,885,635,162.0214.7x-3x2.6x
Price to Earnings Ratio

-3.9x


Total Market Cap: R123.3bTotal Earnings: -R31,301,566,662.02Total Revenue: R43.9bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Diversified REITs Industry Price to Earnings3Y Average 1.6x202120222023
Current Industry PE
  • Investors are optimistic on the South African Diversified REITs industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 6.1x which is higher than its 3-year average PE of 1.6x.
  • The 3-year average PS ratio of 3.4x is higher than the industry's current PS ratio of 3.1x.
Past Earnings Growth
  • Total earnings for the Diversified REITs industry have gone up over the last three years and the industry is now profitable.
  • Revenues have declined 2.6% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.

Industry Comparison

How does South African Diversified REITs compare with similar industries?

ZA Market2.31%
Real Estate1.81%
REITS2.02%
Diversified REITs2.09%
Retail REITs3.41%
Office REITs0%
Specialized REITs0%
Hotel and Resort REITs0%
Healthcare REITs0%
Residential REITs-0.075%
Industrial REITs-3.43%
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
GRT Growthpoint PropertiesR11.992.9%
+R1.2b
-14.2%PB0.6x
FTA FairvestR14.003.7%
+R761.8m
-1.8%PB2.5x
RDF Redefine PropertiesR3.233.5%
+R742.8m
-19.7%PB0.4x
ATT AttacqR8.659.5%
+R528.8m
32.3%PB0.5x
MLI Industrials REITR39.592.6%
+R296.9m
11.8%PB1x
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Latest News

SEA

R7.02

Spear Reit

7D

-1.1%

1Y

-13.9%

RDF

R3.23

Redefine Properties

7D

3.5%

1Y

-19.7%

OCT

R9.19

Octodec Investments

7D

-8.1%

1Y

12.8%

IPF

R7.60

Investec Property Fund

7D

-0.9%

1Y

-37.4%

MLI

R39.59

Industrials REIT

7D

2.6%

1Y

11.8%

GRT

R11.99

Growthpoint Properties

7D

2.9%

1Y

-14.2%

ATT

R8.65

Attacq

7D

9.5%

1Y

32.3%

EMI

R8.99

Emira Property Fund

7D

-2.2%

1Y

-10.1%

FTA

R14.00

Fairvest

7D

3.7%

1Y

-1.8%

SAC

R2.25

SA Real Estate

7D

1.4%

1Y

0.9%