Nomura Real Estate Holdings, Inc. (TSE:3231) Yearly Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Apr 28
Japanese (NIKKEI) Real Estate Industry Analysis
UpdatedMay 01, 2024
DataAggregated Company Financials
Companies112
- 7D1.8%
- 3M14.3%
- 1Y49.7%
- YTD22.3%
Over the last 7 days, the Real Estate industry has risen 1.8%, and Mitsui Fudosan contributed the most with a gain of 1.1%. This takes the industry's 12 month performance to a gain of 50%. Earnings are forecast to grow by 6.6% 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 |
|---|---|---|---|---|---|---|
| Thu, 02 May 2024 | JP¥21.9t | JP¥18.6t | JP¥1.5t | 12.5x | 14.4x | 1.2x |
| Sat, 30 Mar 2024 | JP¥22.3t | JP¥18.6t | JP¥1.5t | 12.6x | 14.8x | 1.2x |
| Mon, 26 Feb 2024 | JP¥19.5t | JP¥18.6t | JP¥1.5t | 12.3x | 12.9x | 1x |
| Wed, 24 Jan 2024 | JP¥19.3t | JP¥18.4t | JP¥1.5t | 11.6x | 12.9x | 1x |
| Fri, 22 Dec 2023 | JP¥17.7t | JP¥18.4t | JP¥1.5t | 10.4x | 11.8x | 1x |
| Sun, 19 Nov 2023 | JP¥17.9t | JP¥18.5t | JP¥1.5t | 10.5x | 12x | 1x |
| Tue, 17 Oct 2023 | JP¥17.4t | JP¥18.1t | JP¥1.4t | 10.7x | 12.1x | 1x |
| Thu, 14 Sep 2023 | JP¥17.5t | JP¥18.1t | JP¥1.4t | 11.3x | 12.3x | 1x |
| Sat, 12 Aug 2023 | JP¥16.7t | JP¥18.1t | JP¥1.5t | 10.7x | 11.3x | 0.9x |
| Mon, 10 Jul 2023 | JP¥15.9t | JP¥17.9t | JP¥1.4t | 10.3x | 11.3x | 0.9x |
| Wed, 07 Jun 2023 | JP¥15.9t | JP¥17.9t | JP¥1.4t | 10.2x | 11.4x | 0.9x |
| Fri, 05 May 2023 | JP¥14.8t | JP¥17.6t | JP¥1.3t | 10x | 11.5x | 0.8x |
| Sun, 02 Apr 2023 | JP¥14.2t | JP¥17.6t | JP¥1.3t | 9.4x | 10.9x | 0.8x |
| Tue, 28 Feb 2023 | JP¥14.5t | JP¥17.6t | JP¥1.3t | 9.4x | 11.2x | 0.8x |
| Thu, 26 Jan 2023 | JP¥14.4t | JP¥17.5t | JP¥1.3t | 9.4x | 11.1x | 0.8x |
| Sat, 24 Dec 2022 | JP¥14.3t | JP¥17.4t | JP¥1.3t | 9.6x | 11x | 0.8x |
| Mon, 21 Nov 2022 | JP¥15.6t | JP¥17.3t | JP¥1.3t | 9.4x | 12x | 0.9x |
| Wed, 19 Oct 2022 | JP¥15.7t | JP¥17.0t | JP¥1.3t | 9.7x | 11.9x | 0.9x |
| Fri, 16 Sep 2022 | JP¥15.9t | JP¥17.0t | JP¥1.3t | 10x | 12.2x | 0.9x |
| Sun, 14 Aug 2022 | JP¥15.6t | JP¥17.0t | JP¥1.3t | 10.2x | 11.9x | 0.9x |
| Tue, 12 Jul 2022 | JP¥15.5t | JP¥16.6t | JP¥1.2t | 10.4x | 12.7x | 0.9x |
| Thu, 09 Jun 2022 | JP¥15.0t | JP¥16.6t | JP¥1.2t | 10.5x | 12.3x | 0.9x |
| Sat, 07 May 2022 | JP¥15.2t | JP¥16.2t | JP¥1.2t | 10.3x | 13.2x | 0.9x |
| Mon, 04 Apr 2022 | JP¥15.3t | JP¥16.1t | JP¥1.1t | 10.9x | 13.7x | 1x |
| Wed, 02 Mar 2022 | JP¥15.0t | JP¥16.1t | JP¥1.1t | 10.5x | 13.3x | 0.9x |
| Fri, 28 Jan 2022 | JP¥14.4t | JP¥15.7t | JP¥1.2t | 10.1x | 12.2x | 0.9x |
| Sun, 26 Dec 2021 | JP¥14.5t | JP¥15.8t | JP¥1.2t | 10.6x | 12.1x | 0.9x |
| Tue, 23 Nov 2021 | JP¥15.4t | JP¥15.8t | JP¥1.2t | 11.4x | 12.9x | 1x |
| Thu, 21 Oct 2021 | JP¥16.1t | JP¥15.5t | JP¥1.1t | 12x | 14.7x | 1x |
| Sat, 18 Sep 2021 | JP¥16.0t | JP¥15.5t | JP¥1.1t | 12.6x | 14.6x | 1x |
| Mon, 16 Aug 2021 | JP¥14.9t | JP¥15.6t | JP¥1.1t | 12.1x | 13.6x | 1x |
| Mon, 31 May 2021 | JP¥14.9t | JP¥15.3t | JP¥1.0t | 12.1x | 14.6x | 1x |
Price to Earnings Ratio
14.9x
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 14.4x 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 1.2x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have grown 15% per year over the last three years.
- Revenues for these companies have grown 6.8% 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 | 2.54% | |
| Real Estate | 1.15% | |
| Real Estate | 1.78% | |
| Real Estate Services | 2.87% | |
| Diversified Real Estate | 2.13% | |
| Real Estate Development | 1.67% | |
| Real Estate Operating Companies | -1.04% | |
Industry PE
- Investors are most optimistic about the Real Estate Development industry which is trading above its 3-year average PE ratio of 14.3x.
- Analysts are expecting annual earnings growth of 25.7%, which is higher than its past year's earnings decline of 12.8% per year.
- Investors are most pessimistic about the Real Estate Services industry, which is trading below its 3-year average of 17.0x.
Forecasted Growth
- Analysts are most optimistic on the Real Estate Development industry, expecting annual earnings growth of 26% over the next 5 years.
- This is better than its past earnings decline of 13% per year.
- In contrast, the Diversified Real Estate industry is expected to see its earnings grow by 5.9% 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 | |
|---|---|---|---|---|---|
| 8801 Mitsui Fudosan | JP¥1.59k | 1.1% +JP¥49.0b | 80.8% | PE20.6x | |
| 3231 Nomura Real Estate Holdings | JP¥4.45k | 6.1% +JP¥44.1b | 34.4% | PE11.3x | |
| 8802 Mitsubishi Estate | JP¥2.86k | 1.1% +JP¥39.3b | 74.0% | PE25.8x | |
| 1925 Daiwa House Industry | JP¥4.41k | 1.1% +JP¥30.1b | 28.1% | PE7.9x | |
| 8905 AEON Mall | JP¥1.81k | 1.7% +JP¥6.7b | -1.6% | PE20.2x |
