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South African (JSE) Retail REITs Industry Analysis

UpdatedJun 05, 2023
DataAggregated Company Financials
Companies10
  • 7D2.3%
  • 3M-9.5%
  • 1Y-7.4%
  • YTD-8.2%

Last week, the Retail REITs industry hasn't moved much but Vukile Property Fund is up 6.4% in that time. Unfortunately though, the industry is down 7.3% over the past 12 months.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 05 Jun 2023R61.2bR17.9bR10.4b5.5x5.9x3.4x
Wed, 03 May 2023R65.2bR17.8bR10.5b5.6x6.2x3.7x
Fri, 31 Mar 2023R58.3bR17.0bR10.5b5.1x5.5x3.4x
Sun, 26 Feb 2023R60.6bR16.3bR10.6b5.1x5.7x3.7x
Tue, 24 Jan 2023R61.6bR16.3bR10.6b5x5.8x3.8x
Thu, 22 Dec 2022R60.5bR16.2bR10.7b5.2x5.7x3.7x
Sat, 19 Nov 2022R62.5bR16.1bR10.0b8.3x6.3x3.9x
Mon, 17 Oct 2022R60.2bR16.7bR9.1b8.1x6.6x3.6x
Wed, 14 Sep 2022R62.4bR16.4bR7.9b9x7.9x3.8x
Fri, 12 Aug 2022R63.8bR15.1bR7.4b9.2x8.6x4.2x
Sun, 10 Jul 2022R61.8bR15.1bR7.4b9x8.3x4.1x
Tue, 07 Jun 2022R57.7bR13.6bR6.1b9.1x9.4x4.2x
Thu, 05 May 2022R54.8bR12.3bR5.1b9.4x10.7x4.5x
Sat, 02 Apr 2022R57.2bR12.3bR5.1b9.4x11.2x4.6x
Mon, 28 Feb 2022R62.1bR11.3bR1.8b12.7x33.7x5.5x
Wed, 26 Jan 2022R56.3bR10.7bR1.6b9.4x36.3x5.2x
Fri, 24 Dec 2021R57.2bR10.7bR1.6b9.4x36.9x5.3x
Sun, 21 Nov 2021R55.8bR10.3bR474.9m16x117.5x5.4x
Tue, 19 Oct 2021R54.1bR10.1bR278.0m16.6x194.5x5.3x
Thu, 16 Sep 2021R50.9bR10.1bR278.0m16.5x183.1x5x
Sat, 14 Aug 2021R49.6bR10.2b-R2,281,703,833.0016.1x-21.7x4.9x
Wed, 09 Jun 2021R46.5bR10.3b-R5,653,506,333.0013.1x-8.2x4.5x
Tue, 02 Mar 2021R42.8bR10.7b-R10,318,911,333.0011.5x-4.2x4x
Fri, 04 Dec 2020R38.7bR12.1b-R10,699,945,926.0013.3x-3.6x3.2x
Mon, 07 Sep 2020R34.2bR13.5b-R9,131,981,021.0013.2x-3.7x2.5x
Price to Earnings Ratio

-4.4x


Total Market Cap: R40.3bTotal Earnings: -R9,056,710,783.00Total Revenue: R13.5bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Retail REITs Industry Price to Earnings3Y Average 17.6x202120222023
Current Industry PE
  • Investors are pessimistic on the South African Retail REITs 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 5.8x which is lower than its 3-year average PE of 17.6x.
  • The 3-year average PS ratio of 4.1x is higher than the industry's current PS ratio of 3.4x.
Past Earnings Growth
  • Total earnings for the Retail REITs industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 9.8% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Comparison

How does South African Retail REITs compare with similar industries?

ZA Market2.11%
Real Estate1.61%
REITS1.89%
Retail REITs2.32%
Diversified REITs1.96%
Office REITs0%
Specialized REITs0%
Hotel and Resort REITs0%
Healthcare REITs0%
Residential REITs-0.075%
Industrial REITs-2.53%
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
VKE Vukile Property FundR12.706.4%
+R787.5m
-5.5%PB0.7x
EXP Exemplar REITailR10.0011.1%
+R332.3m
4.2%PB0.7x
L2D Liberty Two DegreesR4.108.8%
+R287.0m
-2.1%PB0.5x
DIB Dipula Income FundR4.007.8%
+R259.2m
3.6%PB0.6x
HYP Hyprop InvestmentsR30.502.2%
+R232.8m
-15.5%PB0.5x
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Latest News

DIB

R4.00

Dipula Income Fund

7D

7.8%

1Y

3.6%

EXP

R10.00

Exemplar REITail

7D

11.1%

1Y

4.2%

HYP

R30.50

Hyprop Investments

7D

2.2%

1Y

-15.5%

RES

R40.57

Resilient REIT

7D

-3.5%

1Y

-25.5%

VKE

R12.70

Vukile Property Fund

7D

6.4%

1Y

-5.5%

APF

R0.91

Accelerate Property Fund

7D

-1.1%

1Y

-13.3%

SAR

R5.35

Safari Investments RSA

7D

0.8%

1Y

-4.5%

L2D

R4.10

Liberty Two Degrees

7D

8.8%

1Y

-2.1%