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UpdatedSep 15, 2024
DataAggregated Company Financials
Companies7
- 7D3.4%
- 3M11.2%
- 1Y9.8%
- YTD-2.3%
In the last week, the Residential REITs industry is up 3.4%, with all of the companies up. This means that the industry has gained 9.8% over the past year. As for the next few years, earnings are expected to grow by 16% per annum.
Industry Valuation and Performance
Has the U.K. Residential REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 16 Sep 2024 | UK£6.4b | UK£568.1m | UK£406.1m | 10.7x | 15.6x | 11.2x |
| Wed, 14 Aug 2024 | UK£6.0b | UK£566.0m | UK£414.9m | 9.7x | 14.5x | 10.7x |
| Fri, 12 Jul 2024 | UK£5.4b | UK£536.4m | UK£244.9m | 9x | 22.2x | 10.1x |
| Sun, 09 Jun 2024 | UK£5.3b | UK£537.9m | UK£225.4m | 9x | 23.7x | 9.9x |
| Tue, 07 May 2024 | UK£5.5b | UK£537.9m | UK£225.4m | 9x | 24.5x | 10.2x |
| Thu, 04 Apr 2024 | UK£5.4b | UK£537.9m | UK£225.4m | 8.8x | 23.9x | 10x |
| Sat, 02 Mar 2024 | UK£5.5b | UK£530.8m | UK£157.8m | 20.2x | 34.6x | 10.3x |
| Mon, 29 Jan 2024 | UK£6.6b | UK£606.0m | UK£267.9m | 17.9x | 24.5x | 10.8x |
| Wed, 27 Dec 2023 | UK£6.8b | UK£606.0m | UK£267.8m | 18.2x | 25.4x | 11.2x |
| Fri, 24 Nov 2023 | UK£6.4b | UK£603.6m | UK£266.5m | 17.9x | 24.1x | 10.6x |
| Sun, 22 Oct 2023 | UK£5.8b | UK£603.6m | UK£266.5m | 16.3x | 21.9x | 9.7x |
| Tue, 19 Sep 2023 | UK£6.0b | UK£600.0m | UK£316.2m | 19x | 18.9x | 9.9x |
| Thu, 17 Aug 2023 | UK£6.2b | UK£593.0m | UK£372.3m | 9.5x | 16.5x | 10.4x |
| Sat, 15 Jul 2023 | UK£5.9b | UK£578.4m | UK£588.1m | 8.9x | 10x | 10.1x |
| Mon, 12 Jun 2023 | UK£5.8b | UK£577.5m | UK£632.1m | 7.8x | 9.2x | 10.1x |
| Wed, 10 May 2023 | UK£5.8b | UK£578.2m | UK£669.9m | 8.3x | 8.6x | 10x |
| Fri, 07 Apr 2023 | UK£5.9b | UK£578.2m | UK£669.9m | 8x | 8.8x | 10.2x |
Current Industry PE
- Investors are pessimistic on the British Residential 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 15.6x which is lower than its 3-year average PE of 19.2x.
- The industry is trading close to its 3-year average PS ratio of 10.3x.
Past Earnings Growth
- The earnings for companies in the Residential REITs industry have declined 15% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the U.K. Real Estate industry?
| GB Market | 1.10% | |
| Real Estate | 3.01% | |
| Residential REITs | 3.40% | |
| Single-Family Residential REITs | 1.25% | |
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 | |
|---|---|---|---|---|---|
| UTG Unite Group | UK£9.94 | 4.5% +UK£207.7m | 10.6% | PB1.1x | |
| PRSR PRS REIT | UK£0.97 | 2.5% +UK£13.2m | 39.6% | PB0.8x | |
| ESP Empiric Student Property | UK£0.99 | 2.1% +UK£12.1m | 9.7% | PB0.8x | |
| SOHO Triple Point Social Housing REIT | UK£0.67 | 2.3% +UK£5.9m | 20.9% | PB0.6x |
