Japanese (NIKKEI) Industrial REITs Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies10
- 7D1.0%
- 3M-5.2%
- 1Y-11.4%
- YTD-3.0%
Over the last 7 days, the Industrial REITs industry has remained flat, although notably Nippon Prologis REIT gained 3.9%. As for the longer term, the industry has declined 11% in the last year. Looking forward, earnings are expected to remain mostly flat in the next few years.
Industry Valuation and Performance
Has the Japanese Industrial REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 23 Apr 2024 | JP¥3.0t | JP¥253.1b | JP¥113.3b | 25.3x | 26.3x | 11.8x |
| Thu, 21 Mar 2024 | JP¥3.0t | JP¥249.2b | JP¥111.8b | 25.6x | 26.8x | 12x |
| Sat, 17 Feb 2024 | JP¥2.8t | JP¥249.7b | JP¥111.6b | 25.2x | 25.4x | 11.4x |
| Mon, 15 Jan 2024 | JP¥3.1t | JP¥246.1b | JP¥110.1b | 27.1x | 28.1x | 12.6x |
| Wed, 13 Dec 2023 | JP¥3.0t | JP¥245.2b | JP¥108.7b | 26.5x | 27.7x | 12.3x |
| Fri, 10 Nov 2023 | JP¥3.0t | JP¥243.9b | JP¥108.3b | 27.2x | 28x | 12.4x |
| Sun, 08 Oct 2023 | JP¥3.0t | JP¥239.9b | JP¥110.7b | 26.8x | 27.3x | 12.6x |
| Tue, 05 Sep 2023 | JP¥3.2t | JP¥238.6b | JP¥110.9b | 28.8x | 28.6x | 13.3x |
| Thu, 03 Aug 2023 | JP¥3.1t | JP¥240.1b | JP¥112.4b | 29x | 27.8x | 13x |
| Sat, 01 Jul 2023 | JP¥3.2t | JP¥242.7b | JP¥109.1b | 30.3x | 29.3x | 13.2x |
| Mon, 29 May 2023 | JP¥3.2t | JP¥236.8b | JP¥112.0b | 30.9x | 28.9x | 13.7x |
| Wed, 26 Apr 2023 | JP¥3.3t | JP¥238.8b | JP¥111.9b | 30.8x | 29.2x | 13.7x |
Price to Earnings Ratio
30.3x
Current Industry PE
- Investors are relatively neutral on the Japanese Industrial 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 27.9x.
- The industry is trading close to its 3-year average PS ratio of 12.7x.
Past Earnings Growth
- The earnings for companies in the Industrial REITs industry have grown 2.6% per year over the last three years.
- Revenues for these companies have grown 2.8% 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 | -4.73% | |
| Real Estate | -3.50% | |
| Industrial REITs | 0.99% | |
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 | |
|---|---|---|---|---|---|
| 3283 Nippon Prologis REIT | JP¥270.00k | 3.9% +JP¥29.0b | -10.7% | PB1.6x | |
| 3281 GLP J-REIT | JP¥129.90k | 4.8% +JP¥28.9b | -13.3% | PB1.4x | |
| 3466 LaSalle LOGIPORT REIT | JP¥159.20k | 5.4% +JP¥15.3b | 1.1% | PB1.3x | |
| 8967 Japan Logistics Fund | JP¥276.80k | 3.9% +JP¥9.8b | -11.0% | PB1.8x | |
| 3471 Mitsui Fudosan Logistics Park | JP¥446.50k | 2.2% +JP¥5.8b | -11.4% | PB1.2x |