Japanese (NIKKEI) Residential REITs Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies7
- 7D1.1%
- 3M-4.6%
- 1Y-2.9%
- YTD1.6%
The Residential REITs industry is up 1.1% in the last week, with Comforia Residential REIT up 5.9%. Overall in the last year, the industry is flat. In the next few years earnings are forecast to be pretty stable.
Industry Valuation and Performance
Has the Japanese Residential REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | JP¥1.7t | JP¥143.9b | JP¥61.2b | 27.4x | 27.5x | 11.7x |
| Wed, 27 Sep 2023 | JP¥1.7t | JP¥143.2b | JP¥60.6b | 26.8x | 27.8x | 11.8x |
| Fri, 25 Aug 2023 | JP¥1.7t | JP¥141.3b | JP¥59.8b | 27.3x | 28.7x | 12.2x |
| Sun, 23 Jul 2023 | JP¥1.7t | JP¥141.5b | JP¥59.8b | 27.3x | 28.9x | 12.2x |
| Tue, 20 Jun 2023 | JP¥1.7t | JP¥140.4b | JP¥59.4b | 28x | 29.4x | 12.4x |
| Thu, 18 May 2023 | JP¥1.7t | JP¥139.8b | JP¥59.2b | 28x | 29x | 12.3x |
| Sat, 15 Apr 2023 | JP¥1.6t | JP¥137.8b | JP¥58.0b | 27.3x | 28.2x | 11.9x |
Price to Earnings Ratio
28.3x
Current Industry PE
- Investors are relatively neutral on the Japanese Residential 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 28.5x.
- The industry is trading close to its 3-year average PS ratio of 12.1x.
Past Earnings Growth
- Both revenue and earnings for companies in the Residential REITs industry have remained mostly flat over the last three years.
- This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.
Industry Trends
Which industries have driven the changes within the Japanese Real Estate industry?
| JP Market | 0.03% | |
| Real Estate | 0.13% | |
| Residential REITs | 1.11% | |
| Single-Family Residential REITs | 0% | |
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 | |
|---|---|---|---|---|---|
| 8986 Daiwa Securities Living Investment | JP¥113.00k | 3.7% +JP¥9.6b | -2.1% | PB1.6x | |
| 3282 Comforia Residential REIT | JP¥314.50k | 3.8% +JP¥8.7b | -0.3% | PB1.6x | |
| 3269 Advance Residence Investment | JP¥327.50k | 0.8% +JP¥3.6b | -5.3% | PB2x | |
| 3226 Nippon Accommodations Fund | JP¥605.00k | 0.7% +JP¥2.0b | -4.4% | PB2x | |
| 3459 Samty Residential Investment | JP¥113.70k | 1.2% +JP¥1.1b | -5.3% | PB1.1x |