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Japanese (NIKKEI) Retail REITs Industry Analysis
UpdatedSep 07, 2024
DataAggregated Company Financials
Companies4
- 7D3.2%
- 3M3.6%
- 1Y-5.2%
- YTDn/a
Over the last 7 days, the Retail REITs industry has remained flat. Unfortunately though, the industry is down 8.8% over the past 12 months. Looking forward, earnings are expected to remain mostly flat in the next few years.
Industry Valuation and Performance
Has the Japanese Retail REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 08 Sep 2024 | JP¥1.3t | JP¥164.9b | JP¥64.0b | 19.8x | 20.6x | 8x |
| Tue, 06 Aug 2024 | JP¥1.2t | JP¥164.9b | JP¥64.0b | 18.9x | 18.9x | 7.3x |
| Thu, 04 Jul 2024 | JP¥1.3t | JP¥164.9b | JP¥64.0b | 19.9x | 19.8x | 7.7x |
| Sat, 01 Jun 2024 | JP¥1.3t | JP¥165.1b | JP¥64.0b | 20.3x | 20.3x | 7.9x |
| Mon, 29 Apr 2024 | JP¥1.3t | JP¥165.1b | JP¥64.0b | 20.8x | 20.9x | 8.1x |
| Wed, 27 Mar 2024 | JP¥1.3t | JP¥164.1b | JP¥63.5b | 21.2x | 21.2x | 8.2x |
| Fri, 23 Feb 2024 | JP¥1.3t | JP¥164.1b | JP¥63.5b | 20x | 20x | 7.8x |
| Sun, 21 Jan 2024 | JP¥1.5t | JP¥183.8b | JP¥71.5b | 21.7x | 21.5x | 8.4x |
| Tue, 19 Dec 2023 | JP¥1.5t | JP¥183.8b | JP¥71.6b | 21.4x | 21.3x | 8.3x |
| Thu, 16 Nov 2023 | JP¥1.5t | JP¥184.4b | JP¥71.6b | 21.7x | 21.5x | 8.3x |
| Sat, 14 Oct 2023 | JP¥1.5t | JP¥183.5b | JP¥71.1b | 22.4x | 21.5x | 8.3x |
| Mon, 11 Sep 2023 | JP¥1.6t | JP¥182.6b | JP¥70.8b | 22.7x | 22.1x | 8.6x |
| Wed, 09 Aug 2023 | JP¥1.6t | JP¥182.5b | JP¥70.7b | 22.2x | 22.1x | 8.6x |
| Fri, 07 Jul 2023 | JP¥1.6t | JP¥182.5b | JP¥70.7b | 22.9x | 22.2x | 8.6x |
| Sun, 04 Jun 2023 | JP¥1.6t | JP¥182.3b | JP¥70.5b | 21.8x | 22.1x | 8.5x |
| Tue, 02 May 2023 | JP¥1.6t | JP¥182.7b | JP¥70.7b | 22.1x | 22.1x | 8.6x |
| Thu, 30 Mar 2023 | JP¥1.5t | JP¥182.5b | JP¥70.6b | 21.5x | 21.4x | 8.3x |
| Sat, 25 Feb 2023 | JP¥1.6t | JP¥182.6b | JP¥70.8b | 22.8x | 22.5x | 8.7x |
| Mon, 23 Jan 2023 | JP¥1.5t | JP¥182.6b | JP¥70.8b | 22x | 21.6x | 8.4x |
| Wed, 21 Dec 2022 | JP¥1.6t | JP¥182.8b | JP¥71.3b | 22.3x | 21.9x | 8.6x |
| Fri, 18 Nov 2022 | JP¥1.7t | JP¥181.7b | JP¥73.7b | 23.5x | 22.5x | 9.1x |
| Sun, 16 Oct 2022 | JP¥1.6t | JP¥181.5b | JP¥73.5b | 23.1x | 22.1x | 8.9x |
| Tue, 13 Sep 2022 | JP¥1.7t | JP¥179.0b | JP¥72.4b | 24x | 23.2x | 9.4x |
| Thu, 11 Aug 2022 | JP¥1.7t | JP¥178.2b | JP¥71.8b | 24.1x | 23.2x | 9.4x |
| Sat, 09 Jul 2022 | JP¥1.6t | JP¥178.2b | JP¥71.8b | 23.2x | 22.3x | 9x |
| Mon, 06 Jun 2022 | JP¥1.6t | JP¥178.2b | JP¥71.8b | 23.7x | 22.8x | 9.2x |
| Wed, 04 May 2022 | JP¥1.6t | JP¥176.2b | JP¥64.7b | 24.1x | 24.6x | 9x |
| Fri, 01 Apr 2022 | JP¥1.6t | JP¥176.5b | JP¥64.6b | 24.3x | 24.8x | 9.1x |
| Sun, 27 Feb 2022 | JP¥1.5t | JP¥174.2b | JP¥63.9b | 22.4x | 22.9x | 8.4x |
| Tue, 25 Jan 2022 | JP¥1.5t | JP¥173.7b | JP¥63.3b | 23.2x | 23.1x | 8.4x |
| Thu, 23 Dec 2021 | JP¥1.5t | JP¥173.7b | JP¥63.3b | 24.7x | 24.4x | 8.9x |
| Sat, 20 Nov 2021 | JP¥1.6t | JP¥163.6b | JP¥61.4b | 25.8x | 26x | 9.7x |
| Mon, 18 Oct 2021 | JP¥1.7t | JP¥162.4b | JP¥60.7b | 25.8x | 27.4x | 10.2x |
| Wed, 15 Sep 2021 | JP¥1.6t | JP¥152.9b | JP¥59.2b | 25.3x | 27.4x | 10.6x |
Price to Earnings Ratio
27.4x
Current Industry PE
- Investors are pessimistic on the Japanese Retail REITs 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 19.8x which is lower than its 3-year average PE of 22.8x.
- The 3-year average PS ratio of 8.8x is higher than the industry's current PS ratio of 7.7x.
Past Earnings Growth
- The earnings for companies in the Retail REITs industry have grown 2.5% per year over the last three years.
- Revenues for these companies have grown 2.6% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Japanese Retail REITs compare with similar industries?
| JP Market | -4.00% | |
| Real Estate | -2.69% | |
| REITS | -1.85% | |
| Retail REITs | 3.23% | |
| Office REITs | 0.27% | |
| Specialized REITs | 0% | |
| Industrial REITs | -0.22% | |
| Residential REITs | -0.81% | |
| Diversified REITs | -1.85% | |
| Healthcare REITs | -3.27% | |
| Hotel and Resort REITs | -7.10% | |
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 | |
|---|---|---|---|---|---|
| 8953 Japan Metropolitan Fund Investment | JP¥99.60k | 7.8% +JP¥50.2b | 0.9% | PB1.1x |