Japanese (NIKKEI) Retail REITs Industry Analysis
UpdatedApr 16, 2024
DataAggregated Company Financials
Companies4
- 7D-0.1%
- 3M-5.0%
- 1Y-3.2%
- YTD-3.1%
Over the last 7 days, the Retail REITs industry has remained flat, although notably Kenedix Retail REIT declined by 5.7%. As for the longer term, the industry has declined 3.2% in the last year. As for the next few years, earnings are expected to grow by 1.3% per annum.
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 |
|---|---|---|---|---|---|---|
| Tue, 16 Apr 2024 | JP¥1.3t | JP¥165.1b | JP¥63.7b | 20.5x | 20.7x | 8x |
| Thu, 14 Mar 2024 | JP¥1.3t | JP¥164.1b | JP¥63.5b | 19.8x | 19.8x | 7.6x |
| Sat, 10 Feb 2024 | JP¥1.3t | JP¥164.5b | JP¥63.8b | 21x | 20.8x | 8.1x |
| Mon, 08 Jan 2024 | JP¥1.5t | JP¥183.8b | JP¥71.5b | 21.9x | 21.7x | 8.4x |
| Wed, 06 Dec 2023 | JP¥1.5t | JP¥183.8b | JP¥71.6b | 21.4x | 21.2x | 8.3x |
| Fri, 03 Nov 2023 | JP¥1.5t | JP¥184.4b | JP¥71.6b | 21.6x | 21.5x | 8.3x |
| Sun, 01 Oct 2023 | JP¥1.5t | JP¥183.4b | JP¥71.0b | 22.4x | 21.7x | 8.4x |
| Tue, 29 Aug 2023 | JP¥1.6t | JP¥182.6b | JP¥70.8b | 22.4x | 22x | 8.5x |
| Thu, 27 Jul 2023 | JP¥1.6t | JP¥182.5b | JP¥70.7b | 22.1x | 22.1x | 8.6x |
| Sat, 24 Jun 2023 | JP¥1.5t | JP¥182.7b | JP¥71.0b | 21.6x | 21.8x | 8.5x |
| Mon, 22 May 2023 | JP¥1.6t | JP¥182.7b | JP¥70.7b | 22x | 22.2x | 8.6x |
| Wed, 19 Apr 2023 | JP¥1.5t | JP¥182.7b | JP¥70.7b | 21.4x | 21.5x | 8.3x |
Price to Earnings Ratio
21.1x
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 21.5x.
- 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 3.4% 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 | 0.63% | |
| Real Estate | 1.07% | |
| Retail REITs | -0.12% | |
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 | |
|---|---|---|---|---|---|
| No data available | |||||