South African (JSE) Office REITs Industry Analysis
UpdatedMar 16, 2024
DataAggregated Company Financials
Companies2
- 7D-0.7%
- 3M-1.5%
- 1Y2.5%
- YTDn/a
Last week, the Office REITs industry hasn't moved much but Delta Property Fund is up 5.6% in that time. The past year has been better, since the industry has gained 13% in that time.
Industry Valuation and Performance
Has the South African Office REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 16 Mar 2024 | R950.7m | R1.5b | -R416,975,000.00 | n/a | -2.3x | 0.6x |
| Mon, 12 Feb 2024 | R957.8m | R1.5b | -R367,916,000.00 | n/a | -2.6x | 0.6x |
| Wed, 10 Jan 2024 | R996.3m | R1.5b | -R367,916,000.00 | n/a | -2.7x | 0.7x |
| Fri, 08 Dec 2023 | R1.0b | R1.5b | -R367,916,000.00 | n/a | -2.7x | 0.7x |
| Sun, 05 Nov 2023 | R1.0b | R1.5b | -R742,425,000.00 | n/a | -1.4x | 0.7x |
| Tue, 03 Oct 2023 | R1.1b | R1.5b | -R742,425,000.00 | n/a | -1.5x | 0.7x |
| Thu, 31 Aug 2023 | R849.0m | R1.5b | -R654,145,000.00 | 10.3x | -1.3x | 0.6x |
| Sat, 29 Jul 2023 | R925.0m | R1.5b | -R654,145,000.00 | 10.7x | -1.4x | 0.6x |
| Mon, 26 Jun 2023 | R917.9m | R1.5b | -R654,145,000.00 | 10.7x | -1.4x | 0.6x |
| Wed, 24 May 2023 | R956.9m | R1.6b | -R525,754,000.00 | 10.8x | -1.8x | 0.6x |
| Fri, 21 Apr 2023 | R1.2b | R1.6b | -R525,754,000.00 | 13.4x | -2.2x | 0.7x |
| Sun, 19 Mar 2023 | R927.5m | R1.6b | -R525,754,000.00 | 10.3x | -1.8x | 0.6x |
| Tue, 14 Feb 2023 | R898.7m | R1.6b | -R561,827,000.00 | 18.4x | -1.6x | 0.6x |
| Thu, 12 Jan 2023 | R955.8m | R1.6b | -R561,827,000.00 | 19.7x | -1.7x | 0.6x |
| Sat, 10 Dec 2022 | R1.1b | R1.6b | -R561,827,000.00 | 23.6x | -2x | 0.7x |
| Mon, 07 Nov 2022 | R1.2b | R1.7b | -R92,520,000.00 | 17.8x | -12.8x | 0.7x |
| Wed, 05 Oct 2022 | R1.3b | R1.7b | -R92,520,000.00 | 19.8x | -13.9x | 0.8x |
| Fri, 02 Sep 2022 | R1.5b | R1.7b | R57.0m | 6x | 26.5x | 0.9x |
| Sun, 31 Jul 2022 | R1.5b | R1.7b | R57.0m | 6x | 26.4x | 0.9x |
| Tue, 28 Jun 2022 | R1.5b | R1.7b | R53.0m | 6.2x | 28.8x | 0.9x |
| Thu, 26 May 2022 | R1.6b | R1.8b | -R13,955,000.00 | 6.1x | -114.2x | 0.9x |
| Sat, 23 Apr 2022 | R1.6b | R1.8b | -R13,955,000.00 | 5.8x | -113.4x | 0.9x |
| Mon, 21 Mar 2022 | R1.7b | R1.8b | -R13,955,000.00 | 6.3x | -118.4x | 0.9x |
| Wed, 16 Feb 2022 | R1.6b | R1.8b | -R13,955,000.00 | 6.1x | -117.3x | 0.9x |
| Fri, 14 Jan 2022 | R1.7b | R1.8b | -R13,955,000.00 | 6.4x | -123x | 1x |
| Sun, 12 Dec 2021 | R1.5b | R1.8b | -R13,955,000.00 | 5.7x | -110.4x | 0.9x |
| Tue, 09 Nov 2021 | R1.6b | R1.8b | -R252,461,000.00 | 5.3x | -6.4x | 0.9x |
| Thu, 07 Oct 2021 | R1.4b | R1.8b | -R252,461,000.00 | 5.5x | -5.5x | 0.8x |
| Sat, 04 Sep 2021 | R1.3b | R2.0b | -R584,957,000.00 | n/a | -2.2x | 0.7x |
| Mon, 02 Aug 2021 | R1.3b | R2.0b | -R584,957,000.00 | n/a | -2.3x | 0.7x |
| Thu, 06 May 2021 | R1.2b | R2.0b | -R584,957,000.00 | n/a | -2x | 0.6x |
Price to Earnings Ratio
-1.8x
Current Industry PE
- There are only 2 companies in the South African Office REITs industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- The earnings for companies in the Office REITs industry have improved over the last three years.
- Meanwhile revenues for these companies have declined 9.2% per year.
- This means that less sales are being generated overall, but since the cost of doing business is lower, losses have been shrinking.
Industry Comparison
How does South African Office REITs compare with similar industries?
| ZA Market | -2.10% | |
| Real Estate | -2.61% | |
| REITS | -0.79% | |
| Office REITs | -0.75% | |
| Industrial REITs | 0.80% | |
| Residential REITs | 0% | |
| Specialized REITs | 0% | |
| Hotel and Resort REITs | 0% | |
| Healthcare REITs | 0% | |
| Diversified REITs | -0.79% | |
| Retail REITs | -2.50% | |
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 | |
|---|---|---|---|---|---|
| No data available | |||||