South African (JSE) Retail REITs Industry Analysis
UpdatedJun 02, 2024
DataAggregated Company Financials
Companies7
- 7D-2.5%
- 3M-7.5%
- 1Y2.6%
- YTDn/a
Over the last 7 days, the Retail REITs industry has dropped 2.5%, driven by declines from every company within the industry. Over the last year, the industry has been flat overall.
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 |
|---|---|---|---|---|---|---|
| Sun, 02 Jun 2024 | R50.2b | R18.3b | R7.3b | 6x | 6.9x | 2.7x |
| Tue, 30 Apr 2024 | R58.7b | R19.7b | R9.4b | 4.7x | 6.3x | 3x |
| Thu, 28 Mar 2024 | R60.1b | R19.7b | R9.4b | 4.7x | 6.4x | 3x |
| Sat, 24 Feb 2024 | R61.3b | R17.3b | R9.2b | 5.7x | 6.7x | 3.5x |
| Mon, 22 Jan 2024 | R67.3b | R19.7b | R10.0b | 6.2x | 6.7x | 3.4x |
| Wed, 20 Dec 2023 | R66.3b | R19.7b | R10.0b | 5.9x | 6.6x | 3.4x |
| Fri, 17 Nov 2023 | R63.7b | R19.5b | R10.1b | 5.9x | 6.3x | 3.3x |
| Sun, 15 Oct 2023 | R62.9b | R19.4b | R10.5b | 4.7x | 6x | 3.2x |
| Tue, 12 Sep 2023 | R66.0b | R19.6b | R11.2b | 4.7x | 5.9x | 3.4x |
| Thu, 10 Aug 2023 | R66.8b | R19.6b | R11.2b | 4.7x | 5.9x | 3.4x |
| Sat, 08 Jul 2023 | R61.5b | R19.5b | R11.9b | 4.3x | 5.1x | 3.1x |
| Mon, 05 Jun 2023 | R61.2b | R17.9b | R10.4b | 5.5x | 5.9x | 3.4x |
| Wed, 03 May 2023 | R65.2b | R17.8b | R10.5b | 5.6x | 6.2x | 3.7x |
| Fri, 31 Mar 2023 | R58.3b | R17.0b | R10.5b | 5.1x | 5.5x | 3.4x |
| Sun, 26 Feb 2023 | R60.6b | R16.3b | R10.6b | 5.1x | 5.7x | 3.7x |
| Tue, 24 Jan 2023 | R61.6b | R16.3b | R10.6b | 5x | 5.8x | 3.8x |
| Thu, 22 Dec 2022 | R60.5b | R16.2b | R10.7b | 5.2x | 5.7x | 3.7x |
| Sat, 19 Nov 2022 | R62.5b | R16.1b | R10.0b | 8.3x | 6.3x | 3.9x |
| Mon, 17 Oct 2022 | R60.2b | R16.7b | R9.1b | 8.1x | 6.6x | 3.6x |
| Wed, 14 Sep 2022 | R62.4b | R16.4b | R7.9b | 9x | 7.9x | 3.8x |
| Fri, 12 Aug 2022 | R63.8b | R15.1b | R7.4b | 9.2x | 8.6x | 4.2x |
| Sun, 10 Jul 2022 | R61.8b | R15.1b | R7.4b | 9x | 8.3x | 4.1x |
| Tue, 07 Jun 2022 | R57.7b | R13.6b | R6.1b | 9.1x | 9.4x | 4.2x |
| Thu, 05 May 2022 | R54.8b | R12.3b | R5.1b | 9.4x | 10.7x | 4.5x |
| Sat, 02 Apr 2022 | R57.2b | R12.3b | R5.1b | 9.4x | 11.2x | 4.6x |
| Mon, 28 Feb 2022 | R62.1b | R11.3b | R1.8b | 12.7x | 33.7x | 5.5x |
| Wed, 26 Jan 2022 | R56.3b | R10.7b | R1.6b | 9.4x | 36.3x | 5.2x |
| Fri, 24 Dec 2021 | R57.2b | R10.7b | R1.6b | 9.4x | 36.9x | 5.3x |
| Sun, 21 Nov 2021 | R55.8b | R10.3b | R474.9m | 16x | 117.5x | 5.4x |
| Tue, 19 Oct 2021 | R54.1b | R10.1b | R278.0m | 16.6x | 194.5x | 5.3x |
| Thu, 16 Sep 2021 | R50.9b | R10.1b | R278.0m | 16.5x | 183.1x | 5x |
| Sat, 14 Aug 2021 | R49.6b | R10.2b | -R2,281,703,833.00 | 16.1x | -21.7x | 4.9x |
| Wed, 09 Jun 2021 | R46.5b | R10.3b | -R5,653,506,333.00 | 13.1x | -8.2x | 4.5x |
Price to Earnings Ratio
-8.2x
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 6.9x which is lower than its 3-year average PE of 21.4x.
- The 3-year average PS ratio of 4.0x is higher than the industry's current PS ratio of 2.7x.
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 21% 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 | -4.28% | |
| Real Estate | -1.06% | |
| REITS | -1.24% | |
| Retail REITs | -2.55% | |
| Office REITs | 3.98% | |
| Industrial REITs | 1.17% | |
| Residential REITs | 0% | |
| Specialized REITs | 0% | |
| Hotel and Resort REITs | 0% | |
| Healthcare REITs | 0% | |
| Diversified REITs | -1.24% | |
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 | |||||