Activia Properties Inc.

TSE:3279 Stock Report

Market Cap: JP¥261.4b

Activia Properties Valuation

Is 3279 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 3279 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 3279 (¥332000) is trading above our estimate of fair value (¥273802.46)

Significantly Below Fair Value: 3279 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3279?

Key metric: As 3279 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 3279. This is calculated by dividing 3279's market cap by their current earnings.
What is 3279's PE Ratio?
PE Ratio16.4x
EarningsJP¥16.04b
Market CapJP¥261.39b

Price to Earnings Ratio vs Peers

How does 3279's PE Ratio compare to its peers?

The above table shows the PE ratio for 3279 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average19.6x
3309 Sekisui House Reit
26.1x4.4%JP¥321.2b
3295 Hulic Reit
18.4x-2.3%JP¥190.7b
8961 MORI TRUST REIT
15.6x-7.6%JP¥218.9b
8956 NTT UD REIT Investment
18.1xn/aJP¥166.6b
3279 Activia Properties
16.4xn/aJP¥261.4b

Price-To-Earnings vs Peers: 3279 is good value based on its Price-To-Earnings Ratio (16.4x) compared to the peer average (19.6x).

Price to Earnings Ratio vs Industry

How does 3279's PE Ratio compare vs other companies in the JP REITs Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
3279 16.4xIndustry Avg. 18.1xNo. of Companies7PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 3279 is good value based on its Price-To-Earnings Ratio (16.4x) compared to the JP REITs industry average (18.1x).

Price to Earnings Ratio vs Fair Ratio

What is 3279's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

3279 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.4x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 3279's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 3279 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentJP¥332,000.00
JP¥371,833.33
+12.0%
7.8%JP¥400,000.00JP¥310,000.00n/a6
Nov ’25JP¥326,500.00
JP¥370,000.00
+13.3%
7.8%JP¥400,000.00JP¥310,000.00n/a6
Oct ’25JP¥331,500.00
JP¥372,500.00
+12.4%
8.3%JP¥400,000.00JP¥310,000.00n/a6
Sep ’25JP¥344,500.00
JP¥372,500.00
+8.1%
8.3%JP¥400,000.00JP¥310,000.00n/a6
Aug ’25JP¥352,000.00
JP¥416,166.67
+18.2%
5.1%JP¥442,000.00JP¥388,000.00n/a6
Jul ’25JP¥361,000.00
JP¥432,428.57
+19.8%
7.7%JP¥500,000.00JP¥388,000.00n/a7
Jun ’25JP¥369,000.00
JP¥434,714.29
+17.8%
7.1%JP¥500,000.00JP¥400,000.00n/a7
May ’25JP¥393,000.00
JP¥434,714.29
+10.6%
7.1%JP¥500,000.00JP¥400,000.00n/a7
Apr ’25JP¥409,000.00
JP¥436,142.86
+6.6%
7.1%JP¥500,000.00JP¥400,000.00n/a7
Mar ’25JP¥388,500.00
JP¥435,166.67
+12.0%
7.6%JP¥500,000.00JP¥400,000.00n/a6
Feb ’25JP¥392,500.00
JP¥435,166.67
+10.9%
7.6%JP¥500,000.00JP¥400,000.00n/a6
Jan ’25JP¥388,500.00
JP¥427,666.67
+10.1%
3.2%JP¥442,000.00JP¥404,000.00n/a6
Dec ’24JP¥397,500.00
JP¥433,833.33
+9.1%
2.4%JP¥443,000.00JP¥413,000.00n/a6
Nov ’24JP¥409,500.00
JP¥436,166.67
+6.5%
3.0%JP¥456,000.00JP¥413,000.00JP¥326,500.006
Oct ’24JP¥412,500.00
JP¥436,166.67
+5.7%
3.0%JP¥456,000.00JP¥413,000.00JP¥331,500.006
Sep ’24JP¥414,000.00
JP¥436,166.67
+5.4%
3.0%JP¥456,000.00JP¥413,000.00JP¥344,500.006
Aug ’24JP¥410,000.00
JP¥423,285.71
+3.2%
5.3%JP¥456,000.00JP¥385,000.00JP¥352,000.007
Jul ’24JP¥402,500.00
JP¥418,571.43
+4.0%
5.4%JP¥456,000.00JP¥385,000.00JP¥361,000.007
Jun ’24JP¥400,000.00
JP¥425,428.57
+6.4%
6.5%JP¥472,000.00JP¥385,000.00JP¥369,000.007
May ’24JP¥396,000.00
JP¥425,428.57
+7.4%
6.5%JP¥472,000.00JP¥385,000.00JP¥393,000.007
Apr ’24JP¥378,000.00
JP¥425,857.14
+12.7%
6.6%JP¥472,000.00JP¥385,000.00JP¥409,000.007
Mar ’24JP¥384,000.00
JP¥434,714.29
+13.2%
6.8%JP¥472,000.00JP¥385,000.00JP¥388,500.007
Feb ’24JP¥386,500.00
JP¥434,714.29
+12.5%
6.8%JP¥472,000.00JP¥385,000.00JP¥392,500.007
Jan ’24JP¥413,000.00
JP¥454,142.86
+10.0%
3.1%JP¥472,000.00JP¥429,000.00JP¥388,500.007
Dec ’23JP¥419,500.00
JP¥454,142.86
+8.3%
3.1%JP¥472,000.00JP¥429,000.00JP¥397,500.007
Nov ’23JP¥444,500.00
JP¥454,142.86
+2.2%
3.1%JP¥472,000.00JP¥429,000.00JP¥409,500.007

Analyst Forecast: Target price is less than 20% higher than the current share price.

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