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Japanese (NIKKEI) Real Estate Sector Analysis

UpdatedNov 27, 2021
DataAggregated Company Financials
Companies170
  • 7D-1.4%
  • 3M-3.5%
  • 1Y10.8%
  • YTD13.7%

Over the last 7 days, the Real Estate industry has remained flat, although notably Invesco Office J-REIT declined by 100%. As for the the longer term, the industry is up 12% over the past 12 months.

Sector Valuation and Performance

Has the Japanese Real Estate Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Sat, 27 Nov 2021JP¥31.9tJP¥17.1tJP¥1.8t20.6x
Mon, 25 Oct 2021JP¥33.0tJP¥16.9tJP¥1.7t19.8x
Wed, 22 Sep 2021JP¥32.8tJP¥16.8tJP¥1.7t19x
Fri, 20 Aug 2021JP¥32.0tJP¥16.9tJP¥1.7t18.9x
Fri, 04 Jun 2021JP¥31.8tJP¥16.6tJP¥1.6t20.1x
Mon, 08 Mar 2021JP¥30.1tJP¥17.0tJP¥1.7t19.3x
Thu, 10 Dec 2020JP¥27.5tJP¥16.5tJP¥1.5t17.6x
Wed, 02 Sep 2020JP¥26.2tJP¥16.8tJP¥1.6t16.5x
Sat, 06 Jun 2020JP¥26.1tJP¥17.1tJP¥1.7t16.2x
Tue, 10 Mar 2020JP¥29.6tJP¥17.3tJP¥1.7t17.6x
Mon, 02 Dec 2019JP¥32.7tJP¥17.3tJP¥1.6t21.4x
Thu, 05 Sep 2019JP¥30.9tJP¥17.1tJP¥1.6t19.8x
Sun, 09 Jun 2019JP¥29.2tJP¥16.8tJP¥1.6t18.5x
Sat, 02 Mar 2019JP¥29.0tJP¥16.5tJP¥1.6t18.1x
Tue, 04 Dec 2018JP¥29.0tJP¥16.5tJP¥1.7t18x
PE Ratio

18x

Total Market Cap: JP¥29.0tTotal Earnings: JP¥1.7tTotal Revenue: JP¥16.5t0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 18.4x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Real Estate industry have grown 2.4% per year over the last three years, while revenues have remained mostly flat. This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Japanese Real Estate sector?

REITS0.56%
Real Estate-3.51%

Industry PE: Investors are most optimistic about the REITS industry which is trading above its 3-year average PE ratio of 23.9x. This is likely because analysts are expecting annual earnings growth of 8.0%, which is higher than its past year's earnings growth of 2.9% per year. Meanwhile, investors are most pessimistic about the Real Estate industry, which is trading close to its 3-year average of 11.7x.

Forecasted Growth: Analysts are most optimistic on the REITS industry, expecting annual earnings growth of 8.0% over the next 5 years. This is better than it's past earnings growth rate of 2.9% per year. Meanwhile, the Real Estate industry is expected to see its earnings grow by 6.8% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
3283 Nippon Prologis REIT2.2%+JP¥21.9b20.5%PB2.3x
3281 GLP J-REIT2.3%+JP¥18.9b16.6%PB2x
8976 Daiwa Office Investment3.3%+JP¥11.7b22.8%PB1.5x
8954 ORIX JREIT2.1%+JP¥10.8b17.4%PB1.5x
3287 Hoshino Resorts REIT-1.5%JP¥10.5b31.5%PB1.5x
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