Japanese (NIKKEI) Office REITs Industry Analysis
UpdatedMay 21, 2022
DataAggregated Company Financials
Companies14
- 7D1.4%
- 3M4.8%
- 1Y-5.4%
- YTD-0.9%
The Office REITs industry is up 1.8% in the last week, with Nippon Building Fund Incorporation up 2.8%. However, the industry is down 7.1% over the past year.
Industry Valuation and Performance
Has the Japanese Office REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sat, 21 May 2022 | JP¥4.7t | JP¥422.2b | JP¥190.8b | 22.2x |
| Mon, 18 Apr 2022 | JP¥4.7t | JP¥420.6b | JP¥190.3b | 23.4x |
| Wed, 16 Mar 2022 | JP¥4.6t | JP¥437.5b | JP¥197.5b | 22.4x |
| Fri, 11 Feb 2022 | JP¥4.7t | JP¥426.9b | JP¥191.5b | 23x |
| Sun, 09 Jan 2022 | JP¥4.7t | JP¥428.0b | JP¥191.7b | 23.3x |
| Tue, 07 Dec 2021 | JP¥4.9t | JP¥430.8b | JP¥192.9b | 23.9x |
| Thu, 04 Nov 2021 | JP¥5.1t | JP¥428.5b | JP¥191.7b | 24.2x |
| Sat, 02 Oct 2021 | JP¥4.9t | JP¥421.2b | JP¥186.2b | 24.3x |
| Mon, 30 Aug 2021 | JP¥5.3t | JP¥420.8b | JP¥186.1b | 26.3x |
| Tue, 06 Jul 2021 | JP¥5.2t | JP¥420.8b | JP¥186.1b | 26x |
| Fri, 09 Apr 2021 | JP¥4.9t | JP¥420.2b | JP¥186.6b | 24.7x |
| Thu, 31 Dec 2020 | JP¥4.4t | JP¥421.3b | JP¥188.2b | 21.6x |
| Sun, 04 Oct 2020 | JP¥4.0t | JP¥420.6b | JP¥183.9b | 21.1x |
| Wed, 08 Jul 2020 | JP¥4.0t | JP¥418.2b | JP¥181.4b | 19.7x |
| Tue, 31 Mar 2020 | JP¥4.2t | JP¥418.1b | JP¥179.1b | 18x |
| Fri, 03 Jan 2020 | JP¥5.5t | JP¥410.6b | JP¥173.2b | 31.1x |
| Mon, 07 Oct 2019 | JP¥5.6t | JP¥404.9b | JP¥172.1b | 30.9x |
| Sun, 30 Jun 2019 | JP¥5.0t | JP¥399.9b | JP¥169.7b | 27.8x |
Median PE Ratio
27.6x
Current Industry PE
- Investors are relatively neutral on the 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 24.4x.
Past Earnings Growth
- The earnings for companies in the Office REITs industry have grown 4.5% 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 Comparison
How does Japanese Office REITs compare with similar industries?
| JP Market | 0.71% | |
| Real Estate | 0.74% | |
| REITS | 0.56% | |
| Office REITs | 1.43% | |
| Healthcare REITs | 1.93% | |
| Industrial REITs | 0.80% | |
| Retail REITs | 0.29% | |
| Residential REITs | 0.013% | |
| Specialized REITs | 0% | |
| Diversified REITs | -0.16% | |
| Hotel and Resort REITs | -0.29% | |
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 8951 Nippon Building Fund Incorporation | JP¥698.00k | 2.6% +JP¥30.6b | 0.4% | PB1.8x | |
| 8955 Japan Prime Realty Investment | JP¥404.00k | 3.3% +JP¥13.0b | -5.6% | PB1.6x | |
| 8954 ORIX JREIT | JP¥184.50k | 2.0% +JP¥10.2b | -5.9% | PB1.5x | |
| 8952 Japan Real Estate Investment | JP¥640.00k | 0.6% +JP¥5.5b | -3.0% | PB1.7x | |
| 8987 Japan Excellent | JP¥127.20k | 1.3% +JP¥2.1b | -17.0% | PB1.1x |