Nexus Industrial REIT

DB:J6D Stock Report

Market Cap: €380.6m

Nexus Industrial REIT Valuation

Is J6D undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of J6D when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: J6D (€5.33) is trading below our estimate of fair value (€6.43)

Significantly Below Fair Value: J6D is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for J6D?

Key metric: As J6D is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for J6D. This is calculated by dividing J6D's market cap by their current earnings.
What is J6D's PE Ratio?
PE Ratio13x
EarningsCA$43.34m
Market CapCA$563.16m

Price to Earnings Ratio vs Peers

How does J6D's PE Ratio compare to its peers?

The above table shows the PE ratio for J6D vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average31.8x
HABA Hamborner REIT
64.2x10.8%€525.5m
EQU Equites Property Fund
12.4xn/aR11.4b
SHED Urban Logistics REIT
28.5x54.6%UK£517.3m
2979 SOSiLA Logistics REIT
22xn/aJP¥79.7b
J6D Nexus Industrial REIT
13x12.4%€563.2m

Price-To-Earnings vs Peers: J6D is good value based on its Price-To-Earnings Ratio (13x) compared to the peer average (31.8x).

Price to Earnings Ratio vs Industry

How does J6D's PE Ratio compare vs other companies in the Global Industrial REITs Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
J6D 13.0xIndustry Avg. 19.5xNo. of Companies11PE01224364860+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: J6D is good value based on its Price-To-Earnings Ratio (13x) compared to the Global Industrial REITs industry average (19.5x).

Price to Earnings Ratio vs Fair Ratio

What is J6D's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

J6D PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate J6D's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst J6D forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€5.33
€6.16
+15.5%
5.3%€6.57€5.39n/a9
Nov ’25€5.40
€6.01
+11.3%
5.6%€6.49€5.32n/a9
Oct ’25€5.87
€5.87
-0.08%
5.0%€6.33€5.33n/a9
Sep ’25€5.66
€5.82
+2.8%
4.5%€6.13€5.30n/a9
Aug ’25€5.16
€5.59
+8.3%
5.8%€6.01€5.01n/a9
Jul ’25€4.50
€5.61
+24.6%
6.6%€6.08€5.07n/a9
Jun ’25€4.76
€5.61
+18.0%
6.6%€6.08€5.07n/a9
May ’25€4.71
€5.93
+25.9%
9.8%€6.82€5.12n/a9
Apr ’25€5.14
€6.08
+18.3%
8.0%€6.80€5.44n/a9
Mar ’25€5.22
€6.29
+20.4%
7.2%€7.16€5.79n/a9
Feb ’25€5.64
€6.61
+17.2%
9.2%€7.92€5.85n/a10
Jan ’25€5.43
€6.24
+15.0%
10.8%€7.69€5.18n/a9
Dec ’24€5.09
€6.24
+22.6%
10.8%€7.69€5.18n/a9
Nov ’24€4.45
€6.77
+52.0%
14.1%€7.88€5.14€5.409
Oct ’24€4.99
€7.47
+49.8%
8.7%€8.83€6.29€5.8710
Sep ’24€5.54
€7.47
+35.0%
8.7%€8.83€6.29€5.6610
Aug ’24€5.63
€7.91
+40.5%
9.8%€9.44€6.24€5.1610
Jul ’24€5.83
€8.17
+40.1%
7.0%€9.59€7.54€4.5010
Jun ’24€5.87
€8.17
+39.1%
7.0%€9.59€7.54€4.7610
May ’24€6.52
€8.02
+23.1%
7.1%€9.38€7.37€4.7110
Apr ’24€6.54
€8.16
+24.7%
7.4%€9.56€7.51€5.1410
Mar ’24€7.42
€8.64
+16.3%
6.6%€9.79€7.87€5.2210
Feb ’24€7.37
€8.57
+16.3%
6.5%€9.64€7.75€5.649
Jan ’24€6.52
€8.78
+34.7%
10.4%€10.78€7.48€5.438
Dec ’23€7.52
€9.27
+23.2%
8.8%€10.96€8.31€5.097
Nov ’23€6.57
€9.42
+43.3%
12.5%€11.34€7.13€4.458

Analyst Forecast: Target price is less than 20% higher than the current share price.

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