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Japanese (NIKKEI) Residential REITs Industry Analysis

UpdatedNov 21, 2024
DataAggregated Company Financials
Companies6
  • 7D1.0%
  • 3M-8.6%
  • 1Y-8.7%
  • YTD-5.8%

Over the last 7 days, the Residential REITs industry has remained flat, although notably Kenedix Residential Next Investment declined by 5.5%. Unfortunately though, the industry is down 8.4% 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 Residential REITs Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Nov 2024JP¥1.3tJP¥123.7bJP¥52.2b26.5x25.1x10.6x
Sat, 19 Oct 2024JP¥1.4tJP¥123.7bJP¥52.2b27.2x26x10.9x
Mon, 16 Sep 2024JP¥1.5tJP¥128.7bJP¥54.4b24.9x26.7x11.3x
Wed, 14 Aug 2024JP¥1.4tJP¥128.7bJP¥54.4b25x26.3x11.1x
Fri, 12 Jul 2024JP¥1.4tJP¥128.7bJP¥54.4b24.7x26x11x
Sun, 09 Jun 2024JP¥1.4tJP¥128.7bJP¥54.4b24.7x26x11x
Tue, 07 May 2024JP¥1.5tJP¥127.0bJP¥53.1b27.6x28.5x11.9x
Thu, 04 Apr 2024JP¥1.4tJP¥126.6bJP¥52.8b26.2x27.1x11.3x
Sat, 02 Mar 2024JP¥1.3tJP¥126.2bJP¥52.6b24.2x25x10.4x
Mon, 29 Jan 2024JP¥1.7tJP¥146.3bJP¥61.7b24.8x26.8x11.3x
Wed, 27 Dec 2023JP¥1.6tJP¥146.8bJP¥61.8b24.8x25.8x10.9x
Fri, 24 Nov 2023JP¥1.7tJP¥146.1bJP¥61.2b27.1x27x11.3x
Sun, 22 Oct 2023JP¥1.7tJP¥143.9bJP¥61.2b27.2x27.2x11.6x
Tue, 19 Sep 2023JP¥1.7tJP¥143.2bJP¥60.6b27.2x28.1x11.9x
Thu, 17 Aug 2023JP¥1.7tJP¥141.3bJP¥59.8b27.5x27.8x11.8x
Sat, 15 Jul 2023JP¥1.7tJP¥141.5bJP¥59.8b27.2x29x12.2x
Mon, 12 Jun 2023JP¥1.7tJP¥139.6bJP¥59.2b27.7x29.2x12.4x
Wed, 10 May 2023JP¥1.7tJP¥139.8bJP¥59.2b28x29x12.3x
Fri, 07 Apr 2023JP¥1.6tJP¥137.8bJP¥58.0b27.2x28x11.8x
Price to Earnings Ratio

28x


Total Market Cap: JP¥1.6tTotal Earnings: JP¥58.0bTotal Revenue: JP¥137.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Residential REITs Industry Price to Earnings3Y Average 27.2xJulyOctober2024AprilJulyOctober
Current Industry PE
  • Investors are relatively neutral on the Japanese Residential REITs 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 27.2x.
  • The industry is trading close to its 3-year average PS ratio of 11.5x.
Past Earnings Growth
  • The earnings for companies in the Residential REITs industry have declined 3.5% per year over the last three years,
  • Revenues have also declined 3.5% 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-0.44%
Real Estate0.31%
Residential REITs1.04%
Single-Family Residential REITs0%
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?

CompanyLast Price7D1YValuation
3226 Nippon Accommodations FundJP¥591.00k1.4%
+JP¥4.0b		-3.0%PB2x
3269 Advance Residence InvestmentJP¥298.60k0.5%
+JP¥2.3b		-8.8%PB1.7x
3282 Comforia Residential REITJP¥293.30k0.5%
+JP¥1.2b		-7.2%PB1.5x
8986 Daiwa Securities Living InvestmentJP¥90.80k0.6%
+JP¥1.2b		-16.4%PB1.2x
8979 Starts Proceed InvestmentJP¥172.60k0.5%
+JP¥254.2m		-15.8%PB1x
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Latest News

3282

JP¥293,300.00

Comforia Residential REIT

7D

0.5%

1Y

-7.2%

8979

JP¥172,600.00

Starts Proceed Investment

7D

0.5%

1Y

-15.8%

3226

JP¥591,000.00

Nippon Accommodations Fund

7D

1.4%

1Y

-3.0%

3269

JP¥298,600.00

Advance Residence Investment

7D

0.5%

1Y

-8.8%

8986

JP¥90,800.00

Daiwa Securities Living Investment

7D

0.6%

1Y

-16.4%

3459

JP¥91,100.00

Samty Residential Investment

7D

0.2%

1Y

-16.5%

3278

JP¥210,500.00

Kenedix Residential Next Investment

7D

-5.5%

1Y

-1.5%