Japanese (NIKKEI) Retail REITs Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies5
- 7D-0.3%
- 3M-1.3%
- 1Y-8.6%
- YTD-4.9%
Over the last 7 days, the Retail REITs industry has remained flat. As for the longer term, the industry has declined 8.6% in the last year. Looking forward, earnings are forecast to grow by 1.6% annually.
Industry Valuation and Performance
Has the Japanese Retail REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | JP¥1.5t | JP¥184.4b | JP¥71.6b | 21.5x | 21.4x | 8.3x |
| Wed, 27 Sep 2023 | JP¥1.5t | JP¥183.4b | JP¥71.0b | 22.3x | 21.8x | 8.4x |
| Fri, 25 Aug 2023 | JP¥1.5t | JP¥182.6b | JP¥70.8b | 22.1x | 21.8x | 8.5x |
| Sun, 23 Jul 2023 | JP¥1.5t | JP¥182.5b | JP¥70.7b | 21.8x | 21.8x | 8.5x |
| Tue, 20 Jun 2023 | JP¥1.6t | JP¥182.7b | JP¥71.0b | 21.9x | 22x | 8.6x |
| Thu, 18 May 2023 | JP¥1.6t | JP¥182.7b | JP¥70.7b | 22.2x | 22.3x | 8.6x |
| Sat, 15 Apr 2023 | JP¥1.5t | JP¥182.3b | JP¥70.7b | 21.2x | 21.2x | 8.2x |
Price to Earnings Ratio
22x
Current Industry PE
- Investors are relatively neutral on the Japanese 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 21.8x.
- The industry is trading close to its 3-year average PS ratio of 8.5x.
Past Earnings Growth
- Both revenue and earnings for companies in the Retail 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% | |
| Retail REITs | -0.30% | |
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 | |
|---|---|---|---|---|---|
| 8964 Frontier Real Estate Investment | JP¥449.50k | 1.8% +JP¥4.3b | -14.4% | PB1.4x | |
| 3292 AEON REIT Investment | JP¥144.10k | 0.3% +JP¥849.6m | -9.9% | PB1.2x | |
| 8968 Fukuoka REIT | JP¥161.90k | 0.5% +JP¥636.8m | -6.7% | PB1.3x |