South African (JSE) Retail REITs Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies8
- 7D-0.3%
- 3M11.3%
- 1Y9.5%
- YTDn/a
The Retail REITs industry has stayed flat over the last week. As for the the longer term, the industry is up 9.5% over the past 12 months.
Industry Valuation and Performance
Has the South African Retail REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | R64.5b | R20.9b | R7.1b | 7x | 9x | 3.1x |
| Sun, 23 Jun 2024 | R63.3b | R20.1b | R8.6b | 5.4x | 7.3x | 3.1x |
| Tue, 21 May 2024 | R59.1b | R19.8b | R9.3b | 4.7x | 6.3x | 3x |
| Thu, 18 Apr 2024 | R57.8b | R19.7b | R9.4b | 4.7x | 6.2x | 2.9x |
| Sat, 16 Mar 2024 | R60.7b | R17.4b | R9.4b | 4.7x | 6.5x | 3.5x |
| Mon, 12 Feb 2024 | R61.6b | R17.3b | R9.2b | 5.6x | 6.7x | 3.6x |
| Wed, 10 Jan 2024 | R66.4b | R19.7b | R10.0b | 6.1x | 6.7x | 3.4x |
| Fri, 08 Dec 2023 | R64.8b | R19.7b | R10.2b | 5.9x | 6.3x | 3.3x |
| Sun, 05 Nov 2023 | R62.3b | R19.4b | R10.5b | 4.7x | 5.9x | 3.2x |
| Tue, 03 Oct 2023 | R64.3b | R19.4b | R10.5b | 4.7x | 6.1x | 3.3x |
| Thu, 31 Aug 2023 | R66.6b | R19.6b | R11.2b | 4.7x | 5.9x | 3.4x |
| Sat, 29 Jul 2023 | R65.8b | R19.5b | R11.1b | 4.7x | 5.9x | 3.4x |
| Mon, 26 Jun 2023 | R62.4b | R19.5b | R11.9b | 4.9x | 5.2x | 3.2x |
| Wed, 24 May 2023 | R60.7b | R17.9b | R10.5b | 5.4x | 5.8x | 3.4x |
| Fri, 21 Apr 2023 | R65.8b | R17.8b | R10.5b | 5.7x | 6.2x | 3.7x |
| Sun, 19 Mar 2023 | R21.5b | R4.9b | R4.2b | 8.2x | 5.1x | 4.4x |
| Tue, 14 Feb 2023 | R61.6b | R16.3b | R10.6b | 4.8x | 5.8x | 3.8x |
| Thu, 12 Jan 2023 | R61.5b | R16.3b | R10.6b | 5.1x | 5.8x | 3.8x |
| Sat, 10 Dec 2022 | R59.7b | R16.3b | R10.4b | 5.6x | 5.7x | 3.7x |
| Mon, 07 Nov 2022 | R59.5b | R16.0b | R9.3b | 7.7x | 6.4x | 3.7x |
| Wed, 05 Oct 2022 | R59.4b | R16.7b | R9.1b | 7.8x | 6.5x | 3.6x |
| Fri, 02 Sep 2022 | R61.1b | R16.4b | R7.9b | 8.9x | 7.7x | 3.7x |
| Sun, 31 Jul 2022 | R63.4b | R15.1b | R7.4b | 9.2x | 8.5x | 4.2x |
| Tue, 28 Jun 2022 | R60.5b | R15.1b | R6.8b | 7x | 8.9x | 4x |
| Thu, 26 May 2022 | R55.6b | R13.6b | R5.6b | 9.7x | 10x | 4.1x |
| Sat, 23 Apr 2022 | R55.9b | R12.3b | R5.1b | 9.4x | 10.9x | 4.5x |
| Mon, 21 Mar 2022 | R63.1b | R11.3b | R3.0b | 11.6x | 20.9x | 5.6x |
| Wed, 16 Feb 2022 | R57.8b | R10.7b | R1.6b | 9.4x | 37.2x | 5.4x |
| Fri, 14 Jan 2022 | R58.4b | R10.7b | R1.6b | 9.4x | 37.6x | 5.4x |
| Sun, 12 Dec 2021 | R57.1b | R10.7b | R1.6b | 9.4x | 36.8x | 5.3x |
| Tue, 09 Nov 2021 | R55.2b | R10.3b | R419.2m | 16x | 131.7x | 5.4x |
| Thu, 07 Oct 2021 | R52.8b | R10.1b | R278.0m | 16.6x | 189.9x | 5.2x |
| Sat, 04 Sep 2021 | R51.0b | R10.2b | -R2,281,703,833.00 | 16.2x | -22.3x | 5x |
| Mon, 02 Aug 2021 | R48.1b | R10.2b | -R2,281,703,833.00 | 15.6x | -21.1x | 4.7x |
Price to Earnings Ratio
-21.1x
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 9.0x which is lower than its 3-year average PE of 21.9x.
- The 3-year average PS ratio of 3.9x is higher than the industry's current PS ratio of 3.1x.
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 27% 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 Market | 1.28% | |
| Real Estate | 0.89% | |
| REITS | 0.73% | |
| Retail REITs | -0.30% | |
| Diversified REITs | 0.73% | |
| Office REITs | 0.60% | |
| Residential REITs | 0% | |
| Specialized REITs | 0% | |
| Hotel and Resort REITs | 0% | |
| Healthcare REITs | 0% | |
| Industrial REITs | -1.74% | |
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 | |
|---|---|---|---|---|---|
| DIB Dipula Income Fund | R4.20 | 2.2% +R82.1m | 23.9% | PB0.6x | |
| SAR Safari Investments RSA | R5.18 | 1.4% +R18.0m | -1.3% | PB0.5x |