Japanese (NIKKEI) Real Estate Industry Analysis
UpdatedFeb 02, 2023
DataAggregated Company Financials
Companies117
- 7D-1.0%
- 3M-7.1%
- 1Y-1.2%
- YTD1.9%
In the last week, the Real Estate industry is up 1.4%, with Mitsui Fudosan up 1.2%. In the same time, Daito Trust ConstructionLtd was down 9.1%. The industry has been flat over the past 12 months despite the gain this week. 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 Feb 2023 | JP¥14.3t | JP¥17.4t | JP¥1.3t | 9.4x | 11x | 0.8x |
| Sat, 31 Dec 2022 | JP¥14.3t | JP¥17.4t | JP¥1.3t | 9.4x | 11x | 0.8x |
| Mon, 28 Nov 2022 | JP¥16.1t | JP¥17.3t | JP¥1.3t | 9.5x | 12.4x | 0.9x |
| Wed, 26 Oct 2022 | JP¥15.2t | JP¥17.0t | JP¥1.3t | 9.4x | 11.6x | 0.9x |
| Fri, 23 Sep 2022 | JP¥15.7t | JP¥17.0t | JP¥1.3t | 9.9x | 12x | 0.9x |
| Sun, 21 Aug 2022 | JP¥15.7t | JP¥17.0t | JP¥1.3t | 10.1x | 12x | 0.9x |
| Tue, 19 Jul 2022 | JP¥15.1t | JP¥16.6t | JP¥1.2t | 10.3x | 12.4x | 0.9x |
| Thu, 16 Jun 2022 | JP¥14.9t | JP¥16.6t | JP¥1.2t | 10x | 12.1x | 0.9x |
| Sat, 14 May 2022 | JP¥14.7t | JP¥16.3t | JP¥1.1t | 10x | 12.8x | 0.9x |
| Mon, 11 Apr 2022 | JP¥15.0t | JP¥16.1t | JP¥1.1t | 10.7x | 13.4x | 0.9x |
| Wed, 09 Mar 2022 | JP¥14.2t | JP¥16.1t | JP¥1.1t | 9.7x | 12.6x | 0.9x |
| Fri, 04 Feb 2022 | JP¥14.9t | JP¥15.8t | JP¥1.2t | 10.5x | 12.7x | 0.9x |
| Sun, 02 Jan 2022 | JP¥14.6t | JP¥15.8t | JP¥1.2t | 10.5x | 12.2x | 0.9x |
| Tue, 30 Nov 2021 | JP¥14.5t | JP¥15.8t | JP¥1.2t | 10.8x | 12.1x | 0.9x |
| Thu, 28 Oct 2021 | JP¥15.9t | JP¥15.5t | JP¥1.1t | 12x | 14.5x | 1x |
| Sat, 25 Sep 2021 | JP¥16.2t | JP¥15.5t | JP¥1.1t | 12.5x | 14.8x | 1x |
| Mon, 23 Aug 2021 | JP¥14.8t | JP¥15.6t | JP¥1.1t | 11.8x | 13.5x | 1x |
| Sat, 10 Jul 2021 | JP¥15.4t | JP¥15.6t | JP¥1.1t | 12.3x | 14x | 1x |
| Fri, 02 Apr 2021 | JP¥15.5t | JP¥15.2t | JP¥986.7b | 13.5x | 15.7x | 1x |
| Mon, 04 Jan 2021 | JP¥13.7t | JP¥15.7t | JP¥1.1t | 14x | 12.5x | 0.9x |
| Thu, 08 Oct 2020 | JP¥12.5t | JP¥15.2t | JP¥969.1b | 13.3x | 12.8x | 0.8x |
| Wed, 01 Jul 2020 | JP¥12.3t | JP¥15.5t | JP¥1.1t | 12x | 11.5x | 0.8x |
| Sat, 04 Apr 2020 | JP¥11.8t | JP¥15.9t | JP¥1.2t | 9x | 10x | 0.7x |
Price to Earnings Ratio
15.1x
Current Industry PE
- Investors are pessimistic on the Japanese Real Estate industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 11.1x which is lower than its 3-year average PE of 12.7x.
- The industry is trading close to its 3-year average PS ratio of 0.90x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have grown 5.5% per year over the last three years.
- Revenues for these companies have grown 2.9% 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 | -0.30% | |
| Real Estate | -0.66% | |
| Real Estate | -0.98% | |
| Real Estate Development | 0.77% | |
| Real Estate Operating Companies | 0.029% | |
| Real Estate Services | -0.48% | |
| Diversified Real Estate | -1.26% | |
Industry PE
- Investors are most optimistic about the Real Estate Services industry even though it's trading below its 3-year average PE ratio of 34.7x.
- Analysts are expecting annual earnings growth of 7.7%, which is lower than the prior year's growth of 36.6% per year.
- Investors are most pessimistic about the Diversified Real Estate industry, which is trading close to its 3-year average of 11.8x.
Forecasted Growth
- Analysts are most optimistic on the Real Estate Operating Companies industry, expecting annual earnings growth of 11% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- 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 | |
|---|---|---|---|---|---|
| 3003 Hulic | JP¥1.06k | 0.9% +JP¥6.8b | -1.6% | PB1.2x | |
| 3496 AzoomLtd | JP¥5.44k | 8.4% +JP¥2.5b | 111.3% | PB17.2x | |
| 2998 CREAL | JP¥2.53k | 22.5% +JP¥2.4b | n/a | PB12.4x | |
| 6625 JALCO Holdings | JP¥288.00 | 8.3% +JP¥2.3b | 93.3% | PB2.2x | |
| 3479 TKP | JP¥3.09k | 1.8% +JP¥2.3b | 137.7% | PB3.6x |