3481 Stock Overview
Mitsubishi Estate Logistics REIT Investment Corporation (“MEL”) was established on July 14, 2016 under the “Act on Investment Trust and Investment Corporation” (“Investment Trust Law”), and was listed on the REIT Securities Market of the Tokyo Stock Exchange on September 14, 2017 (securities code: 3481).
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 2/6 |
| Dividends | 4/6 |
Mitsubishi Estate Logistics REIT Investment Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | JP¥403,000.00 |
| 52 Week High | JP¥435,000.00 |
| 52 Week Low | JP¥342,500.00 |
| Beta | 0.23 |
| 1 Month Change | 3.87% |
| 3 Month Change | 9.81% |
| 1 Year Change | -4.28% |
| 3 Year Change | -10.74% |
| 5 Year Change | 54.11% |
| Change since IPO | 44.44% |
Recent News & Updates
Recent updates
Shareholder Returns
| 3481 | JP Industrial REITs | JP Market | |
|---|---|---|---|
| 7D | -1.1% | 1.2% | 0.1% |
| 1Y | -4.3% | -12.0% | 28.0% |
Return vs Industry: 3481 exceeded the JP Industrial REITs industry which returned -12% over the past year.
Return vs Market: 3481 underperformed the JP Market which returned 28% over the past year.
Price Volatility
| 3481 volatility | |
|---|---|
| 3481 Average Weekly Movement | 2.6% |
| Industrial REITs Industry Average Movement | 2.6% |
| Market Average Movement | 4.1% |
| 10% most volatile stocks in JP Market | 8.1% |
| 10% least volatile stocks in JP Market | 2.2% |
Stable Share Price: 3481 has not had significant price volatility in the past 3 months.
Volatility Over Time: 3481's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2016 | n/a | n/a | www.mel-reit.co.jp |
Mitsubishi Estate Logistics REIT Investment Corporation (“MEL”) was established on July 14, 2016 under the “Act on Investment Trust and Investment Corporation” (“Investment Trust Law”), and was listed on the REIT Securities Market of the Tokyo Stock Exchange on September 14, 2017 (securities code: 3481). MEL focuses on investing in logistics facilities as a listed real estate investment corporation. Mitsubishi Estate Co., Ltd.
Mitsubishi Estate Logistics REIT Investment Corporation Fundamentals Summary
| 3481 fundamental statistics | |
|---|---|
| Market cap | JP¥202.90b |
| Earnings (TTM) | JP¥7.23b |
| Revenue (TTM) | JP¥15.26b |
28.1x
P/E Ratio13.3x
P/S RatioIs 3481 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 3481 income statement (TTM) | |
|---|---|
| Revenue | JP¥15.26b |
| Cost of Revenue | JP¥6.96b |
| Gross Profit | JP¥8.30b |
| Other Expenses | JP¥1.07b |
| Earnings | JP¥7.23b |
Last Reported Earnings
Feb 29, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 14.35k |
| Gross Margin | 54.41% |
| Net Profit Margin | 47.36% |
| Debt/Equity Ratio | 70.8% |
How did 3481 perform over the long term?
See historical performance and comparisonDividends
4.7%
Current Dividend Yield68%
Payout RatioDoes 3481 pay a reliable dividends?
See 3481 dividend history and benchmarks| Mitsubishi Estate Logistics REIT Investment dividend dates | |
|---|---|
| Ex Dividend Date | Aug 29 2024 |
| Dividend Pay Date | Nov 22 2024 |
| Days until Ex dividend | 112 days |
| Days until Dividend pay date | 197 days |
Does 3481 pay a reliable dividends?
See 3481 dividend history and benchmarks