DB:JUA

Stock Analysis Report

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Japan Real Estate Investment

Executive Summary

JRE shall invest in specified assets, primarily consisting of real estate assets and asset related securities which mainly invests in real estate assets with the goals of stable growth in value over a medium-to-long term period.


Snowflake Analysis

Proven track record average dividend payer.


Similar Companies

Share Price & News

How has Japan Real Estate Investment's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: JUA has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-3.8%

JUA

-3.3%

DE REITs

0.2%

DE Market


1 Year Return

-19.2%

JUA

8.8%

DE REITs

4.5%

DE Market

Return vs Industry: JUA underperformed the German REITs industry which returned 8.8% over the past year.

Return vs Market: JUA underperformed the German Market which returned 4.5% over the past year.


Shareholder returns

JUAIndustryMarket
7 Day-3.8%-3.3%0.2%
30 Day-6.9%-2.8%6.4%
90 Day-12.0%5.2%16.9%
1 Year-16.5%-19.2%9.3%8.8%6.8%4.5%
3 Year17.1%6.0%-1.6%-14.7%3.0%-5.0%
5 Year26.9%8.7%3.4%-17.8%9.9%-4.8%

Price Volatility Vs. Market

How volatile is Japan Real Estate Investment's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Japan Real Estate Investment undervalued compared to its fair value and its price relative to the market?

5.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: JUA (€4430) is trading below our estimate of fair value (€4672.48)

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


Price To Earnings Ratio

PE vs Industry: JUA is poor value based on its PE Ratio (24.6x) compared to the DE REITs industry average (8.3x).

PE vs Market: JUA is poor value based on its PE Ratio (24.6x) compared to the German market (21.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate JUA's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: JUA's PB Ratio (1.5x) is in line with the DE REITs industry average.


Next Steps

Future Growth

How is Japan Real Estate Investment forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

1.4%

Forecasted Real Estate industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Japan Real Estate Investment has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Japan Real Estate Investment performed over the past 5 years?

8.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JUA has high quality earnings.

Growing Profit Margin: JUA's current net profit margins (43.2%) are higher than last year (40.7%).


Past Earnings Growth Analysis

Earnings Trend: JUA's earnings have grown by 8.8% per year over the past 5 years.

Accelerating Growth: JUA's earnings growth over the past year (14.3%) exceeds its 5-year average (8.8% per year).

Earnings vs Industry: JUA earnings growth over the past year (14.3%) underperformed the REITs industry 25.3%.


Return on Equity

High ROE: JUA's Return on Equity (6%) is considered low.


Next Steps

Financial Health

How is Japan Real Estate Investment's financial position?


Financial Position Analysis

Short Term Liabilities: JUA's short term assets (¥23.9B) do not cover its short term liabilities (¥78.7B).

Long Term Liabilities: JUA's short term assets (¥23.9B) do not cover its long term liabilities (¥389.5B).


Debt to Equity History and Analysis

Debt Level: JUA's debt to equity ratio (78.1%) is considered high.

Reducing Debt: JUA's debt to equity ratio has reduced from 82.6% to 78.1% over the past 5 years.

Debt Coverage: JUA's debt is not well covered by operating cash flow (12.5%).

Interest Coverage: JUA's interest payments on its debt are well covered by EBIT (16.5x coverage).


Balance Sheet


Next Steps

Dividend

What is Japan Real Estate Investment current dividend yield, its reliability and sustainability?

3.95%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: JUA's dividend (3.95%) is higher than the bottom 25% of dividend payers in the German market (1.24%).

High Dividend: JUA's dividend (3.95%) is in the top 25% of dividend payers in the German market (3.77%)


Stability and Growth of Payments

Stable Dividend: JUA's dividend payments have been volatile in the past 10 years.

Growing Dividend: JUA's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (69.3%), JUA's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.3yrs

Average management tenure


CEO

Naoki Umeda

no data

Tenure

Mr. Naoki Umeda serves as President and Chief Executive Officer at Japan Real Estate Asset Management Co., Ltd., manager of Japan Real Estate Investment Corporation. He is a Group Executive Officer of Mits ...


Leadership Team

NamePositionTenureCompensationOwnership
Naoki Umeda
President & CEO of Japan Real Estate Asset Management Co.no datano datano data
Yasuyuki Sakurai
Director & General Manager of Compliance Department2.25yrsno datano data
Hirofumi Inoue
Dy. General Manager of Corporate Admn.2.25yrsno datano data
Masaru Motooka
Executive Officer & GM of Planning Department1.25yrsno datano data
Kiyokage Tojima
Senior Executive Officer & GM of Leasing Management Department1.25yrsno datano data
Yutaka Yanagisawa
Executive Director1.17yrsno datano data

1.3yrs

Average Tenure

Experienced Management: JUA's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Yutaka Yanagisawa
Executive Director1.17yrsno datano data
Tomohiro Okanoya
Supervisory Director15.17yrsno datano data
Hiroaki Takano
Supervisory Director3.17yrsno datano data

3.2yrs

Average Tenure

Experienced Board: JUA's board of directors are considered experienced (3.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Japan Real Estate Investment Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Japan Real Estate Investment Corporation
  • Ticker: JUA
  • Exchange: DB
  • Founded: 2001
  • Industry: Office REITs
  • Sector: Real Estate
  • Market Cap: JP¥756.325b
  • Listing Market Cap: JP¥6.204b
  • Shares outstanding: 1.39m
  • Website: https://www.j-re.co.jp

Location

  • Japan Real Estate Investment Corporation
  • Park Building
  • 1-1-1, Otemachi
  • Tokyo
  • 100-0004
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8952TSE (The Tokyo Stock Exchange)YesCommon SharesJPJPYSep 2001
JUADB (Deutsche Boerse AG)YesCommon SharesDEEURSep 2001
JREI.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDSep 2001

Biography

JRE shall invest in specified assets, primarily consisting of real estate assets and asset related securities which mainly invests in real estate assets with the goals of stable growth in value over a medium-to-long term period. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/14 21:26
End of Day Share Price2020/07/14 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.