Price Target Changed • Jun 18
Price target decreased by 45% to JP¥3,100 Down from JP¥5,600, the current price target is provided by 1 analyst. New target price is 26% above last closing price of JP¥2,452. Stock is down 35% over the past year. The company is forecast to post earnings per share of JP¥181 for next year compared to JP¥114 last year. Reported Earnings • May 15
Full year 2026 earnings: EPS and revenues miss analyst expectations Full year 2026 results: EPS: JP¥114 (up from JP¥105 in FY 2025). Revenue: JP¥32.9b (up 23% from FY 2025). Net income: JP¥1.84b (up 8.4% from FY 2025). Profit margin: 5.6% (down from 6.4% in FY 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.3%. Earnings per share (EPS) also missed analyst estimates by 24%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Real Estate industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • May 14
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥3,225, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 11x in the Real Estate industry in Japan. Total loss to shareholders of 20% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥6,385 per share. Announcement • May 13
SRE Holdings Corporation, Annual General Meeting, Jun 25, 2026 SRE Holdings Corporation, Annual General Meeting, Jun 25, 2026. Announcement • May 09
SRE Holdings Corporation to Report Fiscal Year 2026 Results on May 13, 2026 SRE Holdings Corporation announced that they will report fiscal year 2026 results on May 13, 2026 Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥3,325, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 12x in the Real Estate industry in Japan. Total returns to shareholders of 2.8% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥5,576 per share. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥18.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 11 June 2026. Payout ratio is a comfortable 9.8% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.2%). New Risk • Feb 12
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 8.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (8.2% average weekly change). Reported Earnings • Feb 11
Third quarter 2026 earnings released: EPS: JP¥84.95 (vs JP¥1.64 loss in 3Q 2025) Third quarter 2026 results: EPS: JP¥84.95 (up from JP¥1.64 loss in 3Q 2025). Revenue: JP¥9.48b (up 123% from 3Q 2025). Net income: JP¥1.37b (up JP¥1.40b from 3Q 2025). Profit margin: 14% (up from net loss in 3Q 2025). The move to profitability was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Real Estate industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥2,448, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Real Estate industry in Japan. Total loss to shareholders of 32% over the past three years. Valuation Update With 7 Day Price Move • Nov 26
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥3,455, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 12x in the Real Estate industry in Japan. Total loss to shareholders of 24% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥6,116 per share. Reported Earnings • Nov 14
Second quarter 2026 earnings released: EPS: JP¥2.82 (vs JP¥10.31 in 2Q 2025) Second quarter 2026 results: EPS: JP¥2.82 (down from JP¥10.31 in 2Q 2025). Revenue: JP¥3.85b (down 24% from 2Q 2025). Net income: JP¥45.4m (down 73% from 2Q 2025). Profit margin: 1.2% (down from 3.3% in 2Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Real Estate industry in Japan. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Declared Dividend • Nov 13
Dividend of JP¥18.00 announced Shareholders will receive a dividend of JP¥18.00. Ex-date: 30th March 2026 Payment date: 11th June 2026 Dividend yield will be 0.6%, which is lower than the industry average of 2.5%. New Risk • Aug 09
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.6% Last year net profit margin: 7.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (2.7% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (5.4% average weekly change). Profit margins are more than 30% lower than last year (4.6% net profit margin). Reported Earnings • Aug 09
First quarter 2026 earnings released: JP¥1.18 loss per share (vs JP¥30.92 profit in 1Q 2025) First quarter 2026 results: JP¥1.18 loss per share (down from JP¥30.92 profit in 1Q 2025). Revenue: JP¥4.24b (down 16% from 1Q 2025). Net loss: JP¥19.0m (down 104% from profit in 1Q 2025). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Real Estate industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. New Risk • Jul 02
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 3.6% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (3.6% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (8.7% average weekly change). Major Estimate Revision • Jun 07
Consensus revenue estimates increase by 18%, EPS downgraded The consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from JP¥30.5b to JP¥35.8b. EPS estimate fell from JP¥152 to JP¥147. Net income forecast to grow 40% next year vs 3.0% growth forecast for Real Estate industry in Japan. Consensus price target of JP¥5,300 unchanged from last update. Share price fell 6.4% to JP¥3,655 over the past week. Valuation Update With 7 Day Price Move • May 29
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥3,770, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 12x in the Real Estate industry in Japan. Total returns to shareholders of 106% over the past three years. Reported Earnings • May 19
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: JP¥105 (up from JP¥85.80 in FY 2024). Revenue: JP¥26.7b (up 10% from FY 2024). Net income: JP¥1.70b (up 22% from FY 2024). Profit margin: 6.4% (up from 5.7% in FY 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 12%. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Real Estate industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 19% per year. Announcement • May 13
SRE Holdings Corporation, Annual General Meeting, Jun 26, 2025 SRE Holdings Corporation, Annual General Meeting, Jun 26, 2025. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to JP¥2,473, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 11x in the Real Estate industry in Japan. Total loss to shareholders of 29% over the past three years. Announcement • Apr 02
SRE Holdings Corporation to Report Fiscal Year 2025 Results on May 13, 2025 SRE Holdings Corporation announced that they will report fiscal year 2025 results on May 13, 2025 New Risk • Mar 27
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.5% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (7.6% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (4.2% net profit margin). Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥3,180, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 11x in the Real Estate industry in Japan. Negligible returns to shareholders over past three years. Reported Earnings • Feb 08
Third quarter 2025 earnings released: JP¥1.68 loss per share (vs JP¥34.85 profit in 3Q 2024) Third quarter 2025 results: JP¥1.68 loss per share (down from JP¥34.85 profit in 3Q 2024). Revenue: JP¥4.26b (down 20% from 3Q 2024). Net loss: JP¥27.0m (down 105% from profit in 3Q 2024). Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Real Estate industry in Japan. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Nov 30
SRE Holdings Corporation to Report Q3, 2025 Results on Feb 06, 2025 SRE Holdings Corporation announced that they will report Q3, 2025 results on Feb 06, 2025 Reported Earnings • Nov 13
Second quarter 2025 earnings released: EPS: JP¥10.31 (vs JP¥14.53 in 2Q 2024) Second quarter 2025 results: EPS: JP¥10.31 (down from JP¥14.53 in 2Q 2024). Revenue: JP¥5.08b (up 58% from 2Q 2024). Net income: JP¥165.8m (down 29% from 2Q 2024). Profit margin: 3.3% (down from 7.3% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Real Estate industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Announcement • Oct 01
SRE Holdings Corporation to Report Q2, 2025 Results on Nov 11, 2024 SRE Holdings Corporation announced that they will report Q2, 2025 results on Nov 11, 2024 Reported Earnings • Aug 08
First quarter 2025 earnings released: EPS: JP¥30.92 (vs JP¥8.23 in 1Q 2024) First quarter 2025 results: EPS: JP¥30.92 (up from JP¥8.23 in 1Q 2024). Revenue: JP¥5.07b (up 18% from 1Q 2024). Net income: JP¥497.2m (up 274% from 1Q 2024). Profit margin: 9.8% (up from 3.1% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Real Estate industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥4,085, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 11x in the Real Estate industry in Japan. Total loss to shareholders of 40% over the past three years. Announcement • Jul 05
SRE Holdings Corporation to Report Q1, 2025 Results on Aug 06, 2024 SRE Holdings Corporation announced that they will report Q1, 2025 results on Aug 06, 2024 New Risk • Jul 04
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 5.4% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (5.4% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (7.4% average weekly change). New Risk • Jun 22
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Jun 04
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥4,375, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 12x in the Real Estate industry in Japan. Total loss to shareholders of 25% over the past three years. Price Target Changed • May 25
Price target increased by 7.9% to JP¥5,450 Up from JP¥5,050, the current price target is an average from 2 analysts. New target price is 46% above last closing price of JP¥3,745. Stock is up 2.6% over the past year. The company is forecast to post earnings per share of JP¥118 for next year compared to JP¥85.83 last year. Reported Earnings • May 18
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: EPS: JP¥85.80 (up from JP¥71.10 in FY 2023). Revenue: JP¥24.2b (up 31% from FY 2023). Net income: JP¥1.39b (up 21% from FY 2023). Profit margin: 5.7% (down from 6.2% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) missed analyst estimates by 7.0%. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Real Estate industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Announcement • May 16
SRE Holdings Corporation, Annual General Meeting, Jun 26, 2024 SRE Holdings Corporation, Annual General Meeting, Jun 26, 2024. Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥3,645, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 13x in the Real Estate industry in Japan. Total loss to shareholders of 33% over the past three years. Announcement • Mar 02
SRE Holdings Corporation to Report Fiscal Year 2024 Results on May 14, 2024 SRE Holdings Corporation announced that they will report fiscal year 2024 results on May 14, 2024 Reported Earnings • Jan 30
Third quarter 2024 earnings released: EPS: JP¥34.85 (vs JP¥9.29 in 3Q 2023) Third quarter 2024 results: EPS: JP¥34.85 (up from JP¥9.29 in 3Q 2023). Revenue: JP¥5.30b (up 43% from 3Q 2023). Net income: JP¥564.0m (up 276% from 3Q 2023). Profit margin: 11% (up from 4.1% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Real Estate industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jan 30
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥3,300, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 12x in the Real Estate industry in Japan. Total loss to shareholders of 33% over the past three years. Announcement • Dec 23
SRE Holdings Corporation to Report Q3, 2024 Results on Jan 29, 2024 SRE Holdings Corporation announced that they will report Q3, 2024 results on Jan 29, 2024 Valuation Update With 7 Day Price Move • Nov 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥2,640, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 12x in the Real Estate industry in Japan. Total loss to shareholders of 17% over the past three years. Price Target Changed • Nov 08
Price target decreased by 17% to JP¥4,000 Down from JP¥4,800, the current price target is an average from 2 analysts. New target price is 62% above last closing price of JP¥2,471. Stock is down 43% over the past year. The company is forecast to post earnings per share of JP¥89.87 for next year compared to JP¥71.10 last year. New Risk • Nov 06
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (7.8% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (4.5% net profit margin). Reported Earnings • Nov 02
Second quarter 2024 earnings released: EPS: JP¥14.53 (vs JP¥35.53 in 2Q 2023) Second quarter 2024 results: EPS: JP¥14.53 (down from JP¥35.53 in 2Q 2023). Revenue: JP¥3.21b (down 11% from 2Q 2023). Net income: JP¥235.0m (down 59% from 2Q 2023). Profit margin: 7.3% (down from 16% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Real Estate industry in Japan. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Oct 19
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥2,119, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 12x in the Real Estate industry in Japan. Total loss to shareholders of 39% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥3,519 per share. Buying Opportunity • Oct 03
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 27%. The fair value is estimated to be JP¥3,554, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 49% over the last 3 years. Earnings per share has grown by 31%. For the next 3 years, revenue is forecast to grow by 9.8% per annum. Earnings is also forecast to grow by 19% per annum over the same time period. Announcement • Sep 28
SRE Holdings Corporation to Report Q2, 2024 Results on Oct 31, 2023 SRE Holdings Corporation announced that they will report Q2, 2024 results on Oct 31, 2023 Reported Earnings • Aug 01
First quarter 2024 earnings released: EPS: JP¥8.23 (vs JP¥4.10 in 1Q 2023) First quarter 2024 results: EPS: JP¥8.23 (up from JP¥4.10 in 1Q 2023). Revenue: JP¥4.29b (up 47% from 1Q 2023). Net income: JP¥133.0m (up 101% from 1Q 2023). Profit margin: 3.1% (up from 2.3% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Real Estate industry in Japan. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥4,045, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 12x in the Real Estate industry in Japan. Total returns to shareholders of 50% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥3,432 per share. Announcement • May 31
SRE Holdings Corporation to Report Q1, 2024 Results on Jul 31, 2023 SRE Holdings Corporation announced that they will report Q1, 2024 results on Jul 31, 2023 Major Estimate Revision • May 19
Consensus revenue estimates increase by 16% The consensus outlook for revenues in fiscal year 2024 has improved. 2024 revenue forecast increased from JP¥19.5b to JP¥22.7b. EPS estimate increased from JP¥82.77 to JP¥90.05 per share. Net income forecast to grow 27% next year vs 7.3% growth forecast for Real Estate industry in Japan. Consensus price target up from JP¥4,900 to JP¥5,000. Share price rose 7.9% to JP¥4,100 over the past week. Reported Earnings • May 12
Full year 2023 earnings: EPS and revenues exceed analyst expectations Full year 2023 results: EPS: JP¥71.10 (up from JP¥57.35 in FY 2022). Revenue: JP¥18.5b (up 37% from FY 2022). Net income: JP¥1.15b (up 29% from FY 2022). Profit margin: 6.2% (down from 6.6% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Real Estate industry in Japan. Over the last 3 years on average, earnings per share has increased by 32% per year whereas the company’s share price has increased by 30% per year. Announcement • May 11
SRE Holdings Corporation, Annual General Meeting, Jun 23, 2023 SRE Holdings Corporation, Annual General Meeting, Jun 23, 2023. Valuation Update With 7 Day Price Move • May 11
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥3,660, the stock trades at a forward P/E ratio of 47x. Average forward P/E is 11x in the Real Estate industry in Japan. Total returns to shareholders of 108% over the past three years. Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥3,375, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 10x in the Real Estate industry in Japan. Total returns to shareholders of 70% over the past three years. Announcement • Feb 01
SRE Holdings Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023 SRE Holdings Corporation provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the year, the company expects net sales of JPY 16,300 million, operating profit of JPY 1,650 million, profit attributable to owners of parent of JPY 930 million and basic profit per share of JPY 58.35. Reported Earnings • Feb 01
Third quarter 2023 earnings released: EPS: JP¥9.29 (vs JP¥28.11 in 3Q 2022) Third quarter 2023 results: EPS: JP¥9.29 (down from JP¥28.11 in 3Q 2022). Revenue: JP¥3.69b (down 6.4% from 3Q 2022). Net income: JP¥150.0m (down 66% from 3Q 2022). Profit margin: 4.1% (down from 11% in 3Q 2022). Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Real Estate industry in Japan. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Announcement • Dec 21
SRE Holdings Corporation to Report Q3, 2023 Results on Jan 31, 2023 SRE Holdings Corporation announced that they will report Q3, 2023 results on Jan 31, 2023 Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment deteriorated over the past week After last week's 16% share price decline to JP¥3,490, the stock trades at a forward P/E ratio of 49x. Average forward P/E is 10x in the Real Estate industry in Japan. Total returns to shareholders of 31% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,790 per share. Reported Earnings • Nov 18
Second quarter 2023 earnings released: EPS: JP¥35.50 (vs JP¥5.66 in 2Q 2022) Second quarter 2023 results: EPS: JP¥35.50 (up from JP¥5.66 in 2Q 2022). Revenue: JP¥3.59b (up 121% from 2Q 2022). Net income: JP¥573.5m (up JP¥485.5m from 2Q 2022). Profit margin: 16% (up from 5.4% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Real Estate industry in Japan. Price Target Changed • Nov 16
Price target decreased to JP¥4,350 Down from JP¥7,900, the current price target is an average from 2 analysts. New target price is 7.1% below last closing price of JP¥4,680. Stock is down 50% over the past year. The company is forecast to post earnings per share of JP¥64.65 for next year compared to JP¥57.35 last year. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). Independent Outside Director Yutaka Motozawa was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 02
Second quarter 2023 earnings released: EPS: JP¥35.53 (vs JP¥5.66 in 2Q 2022) Second quarter 2023 results: EPS: JP¥35.53 (up from JP¥5.66 in 2Q 2022). Revenue: JP¥3.60b (up 121% from 2Q 2022). Net income: JP¥574.0m (up JP¥486.0m from 2Q 2022). Profit margin: 16% (up from 5.4% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Real Estate industry in Japan. Announcement • Nov 01
SRE Holdings Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023 SRE Holdings Corporation provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the year, the company expects net sales of JPY 16,300 million, operating profit of JPY 1,650 million, profit attributable to owners of parent of JPY 930 million and basic profit per share of JPY 58.35. Valuation Update With 7 Day Price Move • Oct 24
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥3,680, the stock trades at a forward P/E ratio of 56x. Average forward P/E is 12x in the Real Estate industry in Japan. Total loss to shareholders of 51% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,227 per share. Valuation Update With 7 Day Price Move • Oct 05
Investor sentiment improved over the past week After last week's 15% share price gain to JP¥3,305, the stock trades at a forward P/E ratio of 50x. Average forward P/E is 12x in the Real Estate industry in Japan. Total loss to shareholders of 53% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,475 per share. Announcement • Oct 01
SRE Holdings Corporation to Report Q2, 2023 Results on Oct 31, 2022 SRE Holdings Corporation announced that they will report Q2, 2023 results on Oct 31, 2022 Valuation Update With 7 Day Price Move • Sep 09
Investor sentiment improved over the past week After last week's 19% share price gain to JP¥3,335, the stock trades at a forward P/E ratio of 51x. Average forward P/E is 12x in the Real Estate industry in Japan. Total loss to shareholders of 60% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,425 per share. Announcement • Aug 12
SRE Holdings Corporation Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023 SRE Holdings Corporation provided consolidated earnings guidance for the year ending March 31, 2023. For the year ending March 31, 2023, the company expects net sales of JPY 16,300 million, operating income to be JPY 1,650 million, income attributable to owners of parent of JPY 930 million or JPY 58.35 per basic share. Reported Earnings • Jul 31
First quarter 2023 earnings released: EPS: JP¥4.10 (vs JP¥7.42 in 1Q 2022) First quarter 2023 results: EPS: JP¥4.10 (down from JP¥7.42 in 1Q 2022). Revenue: JP¥2.92b (up 64% from 1Q 2022). Net income: JP¥66.0m (down 43% from 1Q 2022). Profit margin: 2.3% (down from 6.5% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 14%, compared to a 3.4% growth forecast for the industry in Japan. Announcement • Jul 29
SRE Holdings Corporation Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023 SRE Holdings Corporation provided consolidated earnings guidance for the year ending March 31, 2023. For the year ending March 31, 2023, the company expects net sales of JPY 16,300 million, operating income to be JPY 1,650 million, income attributable to owners of parent of JPY 930 million or JPY 58.35 per basic share. Valuation Update With 7 Day Price Move • Jul 11
Investor sentiment improved over the past week After last week's 23% share price gain to JP¥2,699, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 11x in the Real Estate industry in Japan. Total loss to shareholders of 63% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,338 per share. Major Estimate Revision • Jul 05
Consensus forecasts updated The consensus outlook for 2023 has been updated. 2023 revenue forecast increased from JP¥13.9b to JP¥16.2b. EPS estimate fell from JP¥64.60 to JP¥60.35. Net income forecast to grow 8.2% next year vs 7.9% growth forecast for Real Estate industry in Japan. Consensus price target down from JP¥7,900 to JP¥3,600. Share price rose 6.9% to JP¥2,381 over the past week. Price Target Changed • Jul 04
Price target decreased to JP¥3,600 Down from JP¥7,700, the current price target is an average from 2 analysts. New target price is 64% above last closing price of JP¥2,190. Stock is down 69% over the past year. The company is forecast to post earnings per share of JP¥60.35 for next year compared to JP¥57.35 last year. Announcement • Jun 29
SRE Holdings Corporation to Report Q1, 2023 Results on Jul 29, 2022 SRE Holdings Corporation announced that they will report Q1, 2023 results on Jul 29, 2022 
