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Japanese (NIKKEI) Retail REITs Industry Analysis

UpdatedJun 18, 2024
DataAggregated Company Financials
Companies4
  • 7D-0.9%
  • 3M-3.5%
  • 1Y-9.1%
  • YTD-6.6%

Over the last 7 days, the Retail REITs industry has dropped 1.4%, driven by a pullback from Kenedix Retail REIT of 5.7%. However, the industry is down 9.6% over the past year. In the next few years earnings are forecast to be pretty stable.

Industry Valuation and Performance

Has the Japanese Retail REITs Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 18 Jun 2024JP¥1.3tJP¥164.9bJP¥64.0b20.1x19.9x7.7x
Thu, 16 May 2024JP¥1.3tJP¥165.1bJP¥64.0b20.8x20.8x8.1x
Sat, 13 Apr 2024JP¥1.3tJP¥165.1bJP¥63.7b20.6x20.6x7.9x
Mon, 11 Mar 2024JP¥1.3tJP¥164.1bJP¥63.5b19.8x19.9x7.7x
Wed, 07 Feb 2024JP¥1.3tJP¥164.5bJP¥63.8b21.2x21.1x8.2x
Fri, 05 Jan 2024JP¥1.5tJP¥183.8bJP¥71.5b21.7x21.3x8.3x
Sun, 03 Dec 2023JP¥1.5tJP¥183.8bJP¥71.6b21.2x21.1x8.2x
Tue, 31 Oct 2023JP¥1.5tJP¥184.4bJP¥71.6b21.1x21.1x8.2x
Thu, 28 Sep 2023JP¥1.6tJP¥183.4bJP¥71.0b22.6x21.9x8.5x
Sat, 26 Aug 2023JP¥1.6tJP¥182.6bJP¥70.8b22.4x22x8.6x
Mon, 24 Jul 2023JP¥1.5tJP¥182.5bJP¥70.7b21.8x21.8x8.5x
Wed, 21 Jun 2023JP¥1.6tJP¥182.7bJP¥71.0b21.8x21.9x8.5x
Fri, 19 May 2023JP¥1.6tJP¥182.7bJP¥70.7b22x22.1x8.6x
Sun, 16 Apr 2023JP¥1.5tJP¥182.3bJP¥70.7b21.2x21.2x8.2x
Price to Earnings Ratio

21.9x


Total Market Cap: JP¥1.5tTotal Earnings: JP¥70.6bTotal Revenue: JP¥182.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Retail REITs Industry Price to Earnings3Y Average 21.4xJulyOctober2024April
Current Industry PE
  • Investors are relatively neutral on the Japanese Retail 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 21.4x.
  • The industry is trading close to its 3-year average PS ratio of 8.3x.
Past Earnings Growth
  • The earnings for companies in the Retail REITs industry have declined 3.2% per year over the last three years,
  • Revenues have also declined 3.3% 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-2.66%
Real Estate-2.91%
Retail REITs-0.89%
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
8953 Japan Metropolitan Fund InvestmentJP¥90.20k0.4%
+JP¥2.8b
-6.3%PB1x
8968 Fukuoka REITJP¥158.00k0.4%
+JP¥477.6m
-2.6%PB1.2x
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Latest News

8968

JP¥158,000.00

Fukuoka REIT

7D

0.4%

1Y

-2.6%

8953

JP¥90,200.00

Japan Metropolitan Fund Investment

7D

0.4%

1Y

-6.3%

3453

JP¥268,000.00

Kenedix Retail REIT

7D

-5.7%

1Y

0.8%