Stock Analysis
- Japan
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- Real Estate
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- TSE:8802
Mitsubishi Estate Full Year 2024 Earnings: Revenues Beat Expectations, EPS In Line
Mitsubishi Estate (TSE:8802) Full Year 2024 Results
Key Financial Results
- Revenue: JP¥1.50t (up 9.2% from FY 2023).
- Net income: JP¥168.4b (up 1.9% from FY 2023).
- Profit margin: 11% (in line with FY 2023).
- EPS: JP¥132 (up from JP¥126 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Mitsubishi Estate Revenues Beat Expectations
Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) was mostly in line with analyst estimates.
Looking ahead, revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Real Estate industry in Japan.
Performance of the Japanese Real Estate industry.
The company's shares are up 1.1% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 1 warning sign for Mitsubishi Estate that you need to be mindful of.
Valuation is complex, but we're helping make it simple.
Find out whether Mitsubishi Estate is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About TSE:8802
Mitsubishi Estate
Engages in the real estate activities in Japan and internationally.
Second-rate dividend payer and slightly overvalued.