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Tokaido REIT TSE:2989 Stock Report

Last Price

JP¥127.70k

Market Cap

JP¥35.6b

7D

1.2%

1Y

9.1%

Updated

25 Apr, 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¥127,700.00
52 Week HighJP¥133,300.00
52 Week LowJP¥116,600.00
Beta0.22
1 Month Change0.16%
3 Month Change-0.62%
1 Year Change9.15%
3 Year Changen/a
5 Year Changen/a
Change since IPO21.62%

Recent News & Updates

Recent updates

Shareholder Returns

2989JP REITsJP Market
7D1.2%0.5%1.8%
1Y9.1%-0.7%31.0%

Return vs Industry: 2989 exceeded the JP REITs industry which returned -0.7% over the past year.

Return vs Market: 2989 underperformed the JP Market which returned 31% over the past year.

Price Volatility

Is 2989's price volatile compared to industry and market?
2989 volatility
2989 Average Weekly Movement2.3%
REITs Industry Average Movement2.3%
Market Average Movement4.1%
10% most volatile stocks in JP Market8.1%
10% least volatile stocks in JP Market2.3%

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

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¥35.55b
Earnings (TTM)JP¥1.86b
Revenue (TTM)JP¥3.73b

19.1x

P/E Ratio

9.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2989 income statement (TTM)
RevenueJP¥3.73b
Cost of RevenueJP¥1.34b
Gross ProfitJP¥2.39b
Other ExpensesJP¥528.17m
EarningsJP¥1.86b

Last Reported Earnings

Jan 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)6.70k
Gross Margin64.17%
Net Profit Margin50.00%
Debt/Equity Ratio91.5%

How did 2989 perform over the long term?

See historical performance and comparison

Dividends

5.2%

Current Dividend Yield

83%

Payout Ratio

Does 2989 pay a reliable dividends?

See 2989 dividend history and benchmarks
When do you need to buy 2989 by to receive an upcoming dividend?
Tokaido REIT dividend dates
Ex Dividend DateJul 30 2024
Dividend Pay DateOct 23 2024
Days until Ex dividend95 days
Days until Dividend pay date180 days

Does 2989 pay a reliable dividends?

See 2989 dividend history and benchmarks
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