South African (JSE) Retail REITs Industry Analysis
UpdatedMay 28, 2022
DataAggregated Company Financials
Companies9
- 7D3.4%
- 3M1.0%
- 1Y19.3%
- YTD-2.5%
Over the last 7 days, the Retail REITs industry has risen 3.4%, driven by gains from Vukile Property Fund of 9.0%. In the last 12 months, the industry was up 19%.
Industry Valuation and Performance
Has the South African Retail REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sat, 28 May 2022 | R58.4b | R13.6b | R5.6b | 9.7x |
| Mon, 25 Apr 2022 | R55.9b | R12.3b | R5.1b | 9.4x |
| Wed, 23 Mar 2022 | R64.0b | R13.4b | R5.7b | 9.4x |
| Fri, 18 Feb 2022 | R58.4b | R10.7b | R1.6b | 9.4x |
| Sun, 16 Jan 2022 | R58.4b | R10.7b | R1.6b | 9.4x |
| Tue, 14 Dec 2021 | R55.9b | R10.7b | R1.6b | 9.4x |
| Thu, 11 Nov 2021 | R55.6b | R10.3b | R419.2m | 16x |
| Sat, 09 Oct 2021 | R52.9b | R10.1b | R278.0m | 16.5x |
| Mon, 06 Sep 2021 | R51.1b | R10.1b | R278.0m | 16.1x |
| Wed, 04 Aug 2021 | R49.0b | R10.2b | -R2,281,703,833.00 | 16.1x |
| Sat, 08 May 2021 | R48.8b | R10.3b | -R5,653,506,333.00 | 12.7x |
| Tue, 09 Feb 2021 | R38.6b | R10.7b | -R10,307,905,426.00 | 11.8x |
| Mon, 02 Nov 2020 | R32.0b | R12.1b | -R10,688,940,021.00 | 13.2x |
| Thu, 06 Aug 2020 | R37.4b | R13.5b | -R9,056,710,783.00 | 12.7x |
| Sun, 10 May 2020 | R34.1b | R14.0b | -R1,627,237,044.00 | 8.4x |
| Sat, 01 Feb 2020 | R68.8b | R14.0b | R6.6b | 11.7x |
| Tue, 05 Nov 2019 | R72.6b | R14.1b | R8.1b | 9.3x |
| Fri, 09 Aug 2019 | R73.4b | R13.9b | R8.4b | 9.5x |
Median PE Ratio
10.6x
Current Industry PE
- Investors are relatively neutral on the 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 11.6x.
Past Earnings Growth
- The earnings for companies in the Retail REITs industry have grown 158% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Comparison
How does South African Retail REITs compare with similar industries?
| ZA Market | 2.68% | |
| Real Estate | 1.57% | |
| REITS | 1.43% | |
| Retail REITs | 3.37% | |
| Specialized REITs | 2.70% | |
| Diversified REITs | 1.01% | |
| Residential REITs | 0.65% | |
| Hotel and Resort REITs | 0% | |
| Healthcare REITs | 0% | |
| 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| VKE Vukile Property Fund | R13.88 | 9.0% +R1.1b | 40.2% | PB0.8x | |
| RES Resilient REIT | R54.45 | 2.7% +R515.2m | 11.1% | PB0.9x | |
| HYP Hyprop Investments | R36.13 | 2.7% +R321.3m | 35.6% | PB0.6x | |
| L2D Liberty Two Degrees | R4.20 | 2.4% +R87.9m | -15.3% | PB0.5x |