Mori Hills REIT Investment Corporation

TSE:3234 Stock Report

Market Cap: JP¥235.5b

Mori Hills REIT Investment Past Earnings Performance

Past criteria checks 2/6

Mori Hills REIT Investment has been growing earnings at an average annual rate of 4.5%, while the Office REITs industry saw earnings growing at 3.8% annually. Revenues have been growing at an average rate of 4.2% per year. Mori Hills REIT Investment's return on equity is 6.1%, and it has net margins of 56.5%.

Key information

4.5%

Earnings growth rate

4.0%

EPS growth rate

Office REITs Industry Growth4.8%
Revenue growth rate4.2%
Return on equity6.1%
Net Margin56.5%
Last Earnings Update31 Jul 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Mori Hills REIT Investment makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TSE:3234 Revenue, expenses and earnings (JPY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Jul 2422,36512,633500
30 Apr 2422,34912,673490
31 Jan 2422,33312,714490
31 Oct 2322,36812,771490
31 Jul 2322,40412,829480
30 Apr 2322,40312,838490
31 Jan 2322,40312,848500
31 Oct 2221,61212,402520
31 Jul 2220,82111,957530
30 Apr 2220,21911,527530
31 Jan 2219,61611,096620
31 Oct 2119,61411,127510
31 Jul 2119,61111,158500
30 Apr 2119,50711,083480
31 Jan 2119,40311,009460
31 Oct 2019,31110,924460
31 Jul 2019,23210,839540
30 Apr 2019,20410,796460
31 Jan 2019,18910,751470
31 Oct 1919,08610,694470
31 Jul 1918,98410,636550
30 Apr 1918,57810,375470
31 Jan 1918,17310,112470
31 Oct 1817,7099,794470
31 Jul 1817,2469,476470
30 Apr 1817,0969,444480
31 Jan 1816,9469,412490
31 Oct 1716,8329,372490
31 Jul 1716,7189,332500
30 Apr 1716,3639,201500
31 Jan 1716,0089,070500
31 Oct 1615,2488,746490
31 Jul 1614,4888,422550
30 Apr 1613,8768,033480
31 Jan 1613,2647,644480
31 Oct 1513,1447,488470
31 Jul 1513,0237,333470
30 Apr 1512,6596,964450
31 Jan 1512,2956,596440
31 Jul 1411,5765,958520
30 Apr 1411,0305,503470
31 Jan 1410,6625,229470

Quality Earnings: 3234 has high quality earnings.

Growing Profit Margin: 3234's current net profit margins (56.5%) are lower than last year (57.3%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 3234's earnings have grown by 4.5% per year over the past 5 years.

Accelerating Growth: 3234's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 3234 had negative earnings growth (-1.5%) over the past year, making it difficult to compare to the Office REITs industry average (-1.5%).

Return on Equity

High ROE: 3234's Return on Equity (6.1%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/10 11:22
End of Day Share Price 2025/01/10 00:00
Earnings2024/07/31
Annual Earnings2024/01/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Mori Hills REIT Investment Corporation is covered by 8 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Junichi TazawaBarclays
Noritaka HoboDaiwa Securities Co. Ltd.
Sachiko OkadaGoldman Sachs