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Japanese (NIKKEI) Residential REITs Industry Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies6
- 7D-0.5%
- 3M-12.9%
- 1Y-11.5%
- YTD-10.7%
Last week, the Residential REITs industry hasn't moved much but Starts Proceed Investment is up 4.9% in that time. As for the longer term, the industry has declined 12% in the last year. Earnings are forecast to be flat in the coming years.
Industry Valuation and Performance
Has the Japanese Residential REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 21 Dec 2024 | JP¥1.2t | JP¥125.3b | JP¥52.6b | 24.7x | 23.6x | 9.9x |
| Mon, 18 Nov 2024 | JP¥1.3t | JP¥123.7b | JP¥52.2b | 26.1x | 24.9x | 10.5x |
| Wed, 16 Oct 2024 | JP¥1.4t | JP¥123.5b | JP¥52.5b | 27.4x | 26.1x | 11.1x |
| Fri, 13 Sep 2024 | JP¥1.4t | JP¥128.7b | JP¥54.4b | 25x | 26.6x | 11.2x |
| Sun, 11 Aug 2024 | JP¥1.4t | JP¥128.7b | JP¥54.4b | 24.4x | 25.7x | 10.9x |
| Tue, 09 Jul 2024 | JP¥1.4t | JP¥128.7b | JP¥54.4b | 24.5x | 25.8x | 10.9x |
| Thu, 06 Jun 2024 | JP¥1.4t | JP¥128.4b | JP¥54.0b | 25.4x | 26.6x | 11.2x |
| Sat, 04 May 2024 | JP¥1.5t | JP¥120.9b | JP¥50.7b | 30.7x | 29.8x | 12.5x |
| Mon, 01 Apr 2024 | JP¥1.5t | JP¥126.6b | JP¥52.8b | 26.6x | 27.6x | 11.5x |
| Wed, 28 Feb 2024 | JP¥1.4t | JP¥126.2b | JP¥52.6b | 25x | 25.7x | 10.7x |
| Fri, 26 Jan 2024 | JP¥1.6t | JP¥146.3b | JP¥61.7b | 24.8x | 26.7x | 11.3x |
| Sun, 24 Dec 2023 | JP¥1.6t | JP¥146.8b | JP¥61.8b | 24.8x | 26.2x | 11x |
| Tue, 21 Nov 2023 | JP¥1.7t | JP¥146.1b | JP¥61.2b | 26.9x | 27x | 11.3x |
| Thu, 19 Oct 2023 | JP¥1.7t | JP¥143.2b | JP¥60.6b | 27.8x | 27.9x | 11.8x |
| Sat, 16 Sep 2023 | JP¥1.7t | JP¥141.9b | JP¥60.2b | 26.9x | 28.1x | 11.9x |
| Mon, 14 Aug 2023 | JP¥1.7t | JP¥141.3b | JP¥59.8b | 27.1x | 28x | 11.9x |
| Wed, 12 Jul 2023 | JP¥1.7t | JP¥141.5b | JP¥59.8b | 28.2x | 28.7x | 12.1x |
| Fri, 09 Jun 2023 | JP¥1.7t | JP¥139.6b | JP¥59.2b | 27.4x | 28.9x | 12.3x |
| Sun, 07 May 2023 | JP¥1.7t | JP¥139.8b | JP¥59.2b | 28.2x | 28.8x | 12.2x |
| Tue, 04 Apr 2023 | JP¥1.6t | JP¥137.8b | JP¥58.0b | 27.4x | 28.3x | 11.9x |
Price to Earnings Ratio
28.3x
Current Industry PE
- Investors are pessimistic on the Japanese Residential 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 23.5x which is lower than its 3-year average PE of 27.1x.
- The 3-year average PS ratio of 11.4x is higher than the industry's current PS ratio of 9.9x.
Past Earnings Growth
- The earnings for companies in the Residential REITs industry have declined 3.2% per year over the last three years,
- Revenues have also declined 3.1% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Japanese Real Estate industry?
| JP Market | -1.46% | |
| Real Estate | -0.079% | |
| Residential REITs | -0.47% | |
| Single-Family Residential REITs | 0% | |
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 | |
|---|---|---|---|---|---|
| 8979 Starts Proceed Investment | JP¥171.50k | 4.9% +JP¥2.3b | -13.6% | PB1x | |
| 3459 Samty Residential Investment | JP¥89.80k | 1.2% +JP¥938.0m | -17.8% | PB0.9x | |
| 3226 Nippon Accommodations Fund | JP¥572.00k | 0.2% +JP¥503.5m | -4.3% | PB1.9x |