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Tokaido REIT TSE:2989 Stock Report

Last Price

JP¥106.70k

Market Cap

JP¥29.7b

7D

1.6%

1Y

-15.8%

Updated

24 Nov, 2024

Data

Company Financials

Tokaido REIT, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Tokaido REIT
Historical stock prices
Current Share PriceJP¥106,700.00
52 Week HighJP¥133,300.00
52 Week LowJP¥104,300.00
Beta0.21
11 Month Change0.76%
3 Month Change-8.18%
1 Year Change-15.79%
33 Year Change-1.66%
5 Year Changen/a
Change since IPO1.62%

Recent News & Updates

Recent updates

Shareholder Returns

2989JP REITsJP Market
7D1.6%1.8%-0.5%
1Y-15.8%-12.4%10.8%

Return vs Industry: 2989 underperformed the JP REITs industry which returned -12.4% over the past year.

Return vs Market: 2989 underperformed the JP Market which returned 10.8% over the past year.

Price Volatility

Is 2989's price volatile compared to industry and market?
2989 volatility
2989 Average Weekly Movement1.8%
REITs Industry Average Movement1.9%
Market Average Movement3.8%
10% most volatile stocks in JP Market7.6%
10% least volatile stocks in JP Market2.1%

Stable Share Price: 2989 has not had significant price volatility in the past 3 months compared to the JP market.

Volatility Over Time: 2989's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2021n/aTakamasa Katowww.tokaido-reit.co.jp

Tokaido Reit, Inc. invests in industrial real estate properties. The company was founded in 2021 and is headquartered in Tokyo, Japan.

Tokaido REIT, Inc. Fundamentals Summary

How do Tokaido REIT's earnings and revenue compare to its market cap?
2989 fundamental statistics
Market capJP¥29.71b
Earnings (TTM)JP¥1.62b
Revenue (TTM)JP¥3.28b

18.3x

P/E Ratio

9.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2989 income statement (TTM)
RevenueJP¥3.28b
Cost of RevenueJP¥1.24b
Gross ProfitJP¥2.04b
Other ExpensesJP¥418.00m
EarningsJP¥1.62b

Last Reported Earnings

Jan 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)5.83k
Gross Margin62.26%
Net Profit Margin49.51%
Debt/Equity Ratio91.5%

How did 2989 perform over the long term?

See historical performance and comparison

Dividends

6.2%

Current Dividend Yield

61%

Payout Ratio