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South African (JSE) Retail REITs Industry Analysis

UpdatedApr 19, 2024
DataAggregated Company Financials
Companies8
  • 7D-0.7%
  • 3M-3.0%
  • 1Y-3.7%
  • YTD-3.3%

Over the last 7 days, the Retail REITs industry has remained flat. Unfortunately though, the industry is down 3.7% 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
Fri, 19 Apr 2024R57.8bR19.7bR9.4b4.7x6.2x2.9x
Sun, 17 Mar 2024R60.7bR17.4bR9.4b4.7x6.5x3.5x
Tue, 13 Feb 2024R61.9bR17.3bR9.2b5.6x6.8x3.6x
Thu, 11 Jan 2024R62.9bR18.4bR9.5b5.7x6.6x3.4x
Sat, 09 Dec 2023R60.9bR18.4bR9.8b5.4x6.2x3.3x
Mon, 06 Nov 2023R58.7bR18.1bR10.1b4.7x5.8x3.3x
Wed, 04 Oct 2023R60.6bR18.1bR10.1b4.7x6x3.4x
Fri, 01 Sep 2023R62.9bR18.3bR10.8b4.7x5.8x3.4x
Sun, 30 Jul 2023R62.3bR18.2bR10.7b4.4x5.8x3.4x
Tue, 27 Jun 2023R58.8bR18.2bR11.5b4.7x5.1x3.2x
Thu, 25 May 2023R57.4bR16.5bR10.0b4.9x5.7x3.5x
Sat, 22 Apr 2023R61.7bR16.5bR10.1b5.1x6.1x3.7x
Price to Earnings Ratio

5.8x


Total Market Cap: R36.8bTotal Earnings: R6.3bTotal Revenue: R12.1bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Retail REITs Industry Price to Earnings3Y Average 6xAprilJulyOctober2024April
Current Industry PE
  • Investors are relatively neutral on the South African Retail REITs 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 6.0x.
  • The 3-year average PS ratio of 3.4x is higher than the industry's current PS ratio of 2.9x.
Past Earnings Growth
  • The earnings for companies in the Retail REITs industry have grown 14% per year over the last three years.
  • Revenues for these companies have grown 18% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the South African Real Estate industry?

ZA Market-3.42%
Real Estate-2.99%
Retail REITs-0.75%
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
RES Resilient REITR42.501.6%
+R224.0m
-7.6%PB0.6x
DIB Dipula Income FundR3.901.3%
+R45.6m
-2.5%PB0.6x
SAR Safari Investments RSAR5.452.1%
+R28.3m
0.9%PB0.6x
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Latest News

APF

R0.56

Accelerate Property Fund

7D

-11.1%

1Y

-41.7%

DIB

R3.90

Dipula Income Fund

7D

1.3%

1Y

-2.5%

RES

R42.50

Resilient REIT

7D

1.6%

1Y

-7.6%

HYP

R27.66

Hyprop Investments

7D

-3.0%

1Y

-14.2%

VKE

R14.69

Vukile Property Fund

7D

-2.1%

1Y

13.2%

SAR

R5.45

Safari Investments RSA

7D

2.1%

1Y

0.9%