Daiwa House Industry Co., Ltd. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
May 14
Japanese (NIKKEI) Real Estate Industry Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies112
- 7D-4.7%
- 3M8.6%
- 1Y38.6%
- YTD16.4%
Over the last 7 days, the Real Estate industry has dropped 3.4%, driven by a pullback from Mitsui Fudosan of 7.8%. On the other hand Miyakoshi Holdings is actually up 47%. Over the past 12 months, the industry was up 39%. Earnings are forecast to grow by 6.9% annually.
Industry Valuation and Performance
Has the Japanese Real Estate Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | JP¥20.8t | JP¥18.8t | JP¥1.5t | 10.6x | 14x | 1.1x |
| Tue, 16 Apr 2024 | JP¥22.4t | JP¥18.6t | JP¥1.5t | 12.4x | 14.8x | 1.2x |
| Thu, 14 Mar 2024 | JP¥19.3t | JP¥18.6t | JP¥1.5t | 11.8x | 12.8x | 1x |
| Sat, 10 Feb 2024 | JP¥19.2t | JP¥18.5t | JP¥1.5t | 12.4x | 12.8x | 1x |
| Mon, 08 Jan 2024 | JP¥18.4t | JP¥18.4t | JP¥1.5t | 10.8x | 12.3x | 1x |
| Wed, 06 Dec 2023 | JP¥18.0t | JP¥18.4t | JP¥1.5t | 10.6x | 12x | 1x |
| Fri, 03 Nov 2023 | JP¥17.5t | JP¥18.2t | JP¥1.4t | 10.5x | 12.1x | 1x |
| Sun, 01 Oct 2023 | JP¥17.4t | JP¥18.1t | JP¥1.4t | 10.9x | 12.2x | 1x |
| Tue, 29 Aug 2023 | JP¥16.9t | JP¥18.1t | JP¥1.4t | 10.5x | 11.8x | 0.9x |
| Thu, 27 Jul 2023 | JP¥16.3t | JP¥17.9t | JP¥1.4t | 10.5x | 11.6x | 0.9x |
| Sat, 24 Jun 2023 | JP¥16.2t | JP¥17.9t | JP¥1.4t | 10.2x | 11.5x | 0.9x |
| Mon, 22 May 2023 | JP¥15.2t | JP¥17.9t | JP¥1.4t | 10.1x | 10.9x | 0.9x |
| Wed, 19 Apr 2023 | JP¥14.5t | JP¥17.6t | JP¥1.3t | 9.7x | 11.2x | 0.8x |
| Fri, 17 Mar 2023 | JP¥14.2t | JP¥17.6t | JP¥1.3t | 9.4x | 10.9x | 0.8x |
| Sun, 12 Feb 2023 | JP¥14.1t | JP¥17.4t | JP¥1.3t | 9.4x | 10.9x | 0.8x |
| Tue, 10 Jan 2023 | JP¥13.9t | JP¥17.4t | JP¥1.3t | 9.3x | 10.7x | 0.8x |
| Thu, 08 Dec 2022 | JP¥15.2t | JP¥17.4t | JP¥1.3t | 9.5x | 11.7x | 0.9x |
| Sat, 05 Nov 2022 | JP¥15.3t | JP¥17.2t | JP¥1.3t | 9.6x | 11.6x | 0.9x |
| Mon, 03 Oct 2022 | JP¥15.1t | JP¥17.0t | JP¥1.3t | 9.5x | 11.5x | 0.9x |
| Wed, 31 Aug 2022 | JP¥15.7t | JP¥17.0t | JP¥1.3t | 10x | 12x | 0.9x |
| Fri, 29 Jul 2022 | JP¥15.7t | JP¥16.6t | JP¥1.2t | 10.6x | 12.9x | 0.9x |
| Sun, 26 Jun 2022 | JP¥15.3t | JP¥16.6t | JP¥1.2t | 10.1x | 12.5x | 0.9x |
| Tue, 24 May 2022 | JP¥14.9t | JP¥16.6t | JP¥1.2t | 10.4x | 12.1x | 0.9x |
| Thu, 21 Apr 2022 | JP¥15.2t | JP¥16.1t | JP¥1.1t | 10.6x | 13.4x | 0.9x |
| Sat, 19 Mar 2022 | JP¥15.1t | JP¥16.1t | JP¥1.1t | 10.7x | 13.5x | 0.9x |
| Mon, 14 Feb 2022 | JP¥15.3t | JP¥16.3t | JP¥1.1t | 10.2x | 13.5x | 0.9x |
| Wed, 12 Jan 2022 | JP¥14.6t | JP¥15.8t | JP¥1.2t | 10.4x | 12.2x | 0.9x |
| Fri, 10 Dec 2021 | JP¥14.8t | JP¥15.8t | JP¥1.2t | 11.2x | 12.5x | 0.9x |
| Sun, 07 Nov 2021 | JP¥15.8t | JP¥15.6t | JP¥1.1t | 12.1x | 14.3x | 1x |
| Tue, 05 Oct 2021 | JP¥15.8t | JP¥15.5t | JP¥1.1t | 11.7x | 14.4x | 1x |
| Thu, 02 Sep 2021 | JP¥15.3t | JP¥15.6t | JP¥1.1t | 12.8x | 14x | 1x |
| Sat, 31 Jul 2021 | JP¥15.0t | JP¥15.6t | JP¥1.1t | 12.4x | 13.7x | 1x |
Price to Earnings Ratio
14.6x
Current Industry PE
- Investors are optimistic on the Japanese Real Estate industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 14.0x which is higher than its 3-year average PE of 12.5x.
- The 3-year average PS ratio of 0.94x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have grown 13% per year over the last three years.
- Revenues for these companies have grown 7.2% 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 Japanese Real Estate industry?
| JP Market | 0.40% | |
| Real Estate | -2.93% | |
| Real Estate | -4.75% | |
| Real Estate Operating Companies | 0.49% | |
| Real Estate Services | -0.088% | |
| Real Estate Development | -3.14% | |
| Diversified Real Estate | -5.65% | |
Industry PE
- Investors are most optimistic about the Real Estate Development industry, which is trading close to its 3-year average PE ratio of 14.4x.
- Analysts are expecting annual earnings growth of 19.9%, which is higher than its past year's earnings decline of 3.1% per year.
Forecasted Growth
- Analysts are most optimistic on the Real Estate Services industry, expecting annual earnings growth of 44% over the next 5 years.
- This is better than its past earnings growth rate of 24% per year.
- In contrast, the Real Estate Operating Companies industry is expected to see its earnings grow by 5.6% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 6620 Miyakoshi Holdings | JP¥1.58k | 47.3% +JP¥20.4b | 100.3% | PE118.3x | |
| 8848 Leopalace21 | JP¥548.00 | 7.0% +JP¥11.4b | 73.4% | PE4.1x | |
| 8897 MIRARTH HOLDINGSInc | JP¥580.00 | 15.5% +JP¥8.6b | 36.2% | PE7.8x | |
| 4781 Nihon HousingLtd | JP¥1.57k | 8.8% +JP¥8.2b | 36.2% | PE101.2x | |
| 8804 Tokyo Tatemono | JP¥2.59k | 1.4% +JP¥7.7b | 48.7% | PE13.9x |
