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South African (JSE) Diversified REITs Industry Analysis

UpdatedMay 24, 2024
DataAggregated Company Financials
Companies12
  • 7D-0.3%
  • 3M-5.1%
  • 1Y7.8%
  • YTDn/a

Last week, the Diversified REITs industry hasn't moved much but Fairvest is up 3.2% in that time. As for the the longer term, the industry is up 5.3% over the past 12 months.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 24 May 2024R103.1bR39.3bR7.6b6.3x13.6x2.6x
Sun, 21 Apr 2024R99.5bR38.8bR7.5b9.3x13.2x2.6x
Tue, 19 Mar 2024R106.3bR38.6bR7.0b9.3x15.2x2.8x
Thu, 15 Feb 2024R107.6bR38.0bR8.6b9.3x12.5x2.8x
Sat, 13 Jan 2024R129.9bR42.2bR9.4b9.2x13.8x3.1x
Mon, 11 Dec 2023R126.6bR42.2bR9.4b8.7x13.5x3x
Wed, 08 Nov 2023R121.5bR41.5bR16.7b8.7x7.3x2.9x
Fri, 06 Oct 2023R120.9bR41.0bR16.7b9.4x7.2x3x
Sun, 03 Sep 2023R127.2bR40.5bR20.3b8.8x6.3x3.1x
Tue, 01 Aug 2023R129.3bR40.5bR20.3b8.9x6.4x3.2x
Thu, 29 Jun 2023R121.2bR40.5bR20.5b8.7x5.9x3x
Sat, 27 May 2023R123.0bR40.6bR20.5b8.2x6x3x
Mon, 24 Apr 2023R130.8bR39.1bR23.2b6.9x5.6x3.3x
Wed, 22 Mar 2023R126.6bR38.8bR22.7b7.4x5.6x3.3x
Fri, 17 Feb 2023R152.8bR43.1bR25.4b7.1x6x3.5x
Sun, 15 Jan 2023R155.8bR43.1bR25.3b7.5x6.1x3.6x
Tue, 13 Dec 2022R150.3bR43.1bR25.4b7.1x5.9x3.5x
Thu, 10 Nov 2022R151.8bR42.3bR26.1b6.9x5.8x3.6x
Sat, 08 Oct 2022R140.7bR41.3bR20.5b7.4x6.9x3.4x
Mon, 05 Sep 2022R144.9bR40.8bR20.0b7.5x7.2x3.6x
Wed, 03 Aug 2022R152.8bR40.7bR19.9b8x7.7x3.8x
Fri, 01 Jul 2022R141.3bR40.7bR19.8b7.7x7.1x3.5x
Sun, 29 May 2022R156.9bR40.2bR17.4b8.1x9x3.9x
Tue, 26 Apr 2022R164.2bR40.9bR17.9b9x9.2x4x
Thu, 24 Mar 2022R165.5bR42.2bR16.2b9.1x10.2x3.9x
Sat, 19 Feb 2022R167.0bR44.3bR10.0b11x16.7x3.8x
Mon, 17 Jan 2022R164.1bR42.3bR9.9b10.3x16.6x3.9x
Wed, 15 Dec 2021R158.0bR42.4bR9.9b9.5x15.9x3.7x
Fri, 12 Nov 2021R156.8bR42.1bR7.8b10.2x20.2x3.7x
Sun, 10 Oct 2021R153.9bR42.0b-R5,826,074,135.0011.8x-26.4x3.7x
Tue, 07 Sep 2021R156.4bR42.0b-R7,576,398,804.4715.8x-20.6x3.7x
Thu, 05 Aug 2021R155.6bR41.8b-R23,066,530,804.4714.3x-6.7x3.7x
Price to Earnings Ratio

-5.1x


Total Market Cap: R150.4bTotal Earnings: -R29,544,305,804.47Total Revenue: R41.0bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Diversified REITs Industry Price to Earnings3Y Average 6x202220232024
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 13.8x which is higher than its 3-year average PE of 6.0x.
  • The 3-year average PS ratio of 3.4x is higher than the industry's current PS ratio of 2.6x.
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 remained mostly flat. This means that the industry has become more efficient since profits are increasing while sales have been flat.

Industry Comparison

How does South African Diversified REITs compare with similar industries?

ZA Market-1.07%
Real Estate1.36%
REITS-0.34%
Diversified REITs-0.34%
Residential REITs0%
Specialized REITs0%
Hotel and Resort REITs0%
Healthcare REITs0%
Retail REITs-1.09%
Industrial REITs-1.23%
Office REITs-1.25%
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 PropertiesR11.161.5%
+R541.8m
-4.5%PB0.5x
BTN Burstone GroupR7.044.0%
+R217.3m
-8.9%PB0.4x
SEA Spear ReitR8.307.5%
+R129.4m
16.1%PB0.6x
EMI Emira Property FundR9.511.1%
+R48.2m
2.4%PB0.6x
FTA FairvestR15.110.07%
+R14.9m
12.8%PB2.9x
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Latest News

BTN

R7.04

Burstone Group

7D

4.0%

1Y

-8.9%

SEA

R8.30

Spear Reit

7D

7.5%

1Y

16.1%

OCT

R9.60

Octodec Investments

7D

-1.5%

1Y

-4.0%

OAS

R19.75

Oasis Crescent Property Fund

7D

-1.3%

1Y

1.3%

RDF

R3.69

Redefine Properties

7D

-5.1%

1Y

17.9%

FTA

R15.11

Fairvest

7D

0.07%

1Y

12.8%

EMI

R9.51

Emira Property Fund

7D

1.1%

1Y

2.4%

GRT

R11.16

Growthpoint Properties

7D

1.5%

1Y

-4.5%

ATT

R10.27

Attacq

7D

-1.3%

1Y

31.7%