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). More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 1/6 |
| Dividends | 4/6 |
Mitsubishi Estate Logistics REIT Investment Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | JP¥349,500.00 |
| 52 Week High | JP¥409,500.00 |
| 52 Week Low | JP¥342,500.00 |
| Beta | 0.25 |
| 11 Month Change | -1.27% |
| 3 Month Change | -8.98% |
| 1 Year Change | -8.03% |
| 33 Year Change | -27.34% |
| 5 Year Change | -0.57% |
| Change since IPO | 25.27% |
Recent News & Updates
Recent updates
Shareholder Returns
| 3481 | JP Industrial REITs | JP Market | |
|---|---|---|---|
| 7D | 0.4% | 1.0% | -0.5% |
| 1Y | -8.0% | -9.6% | 10.8% |
Return vs Industry: 3481 exceeded the JP Industrial REITs industry which returned -9.6% over the past year.
Return vs Market: 3481 underperformed the JP Market which returned 10.8% over the past year.
Price Volatility
| 3481 volatility | |
|---|---|
| 3481 Average Weekly Movement | 1.8% |
| Industrial REITs Industry Average Movement | 1.9% |
| Market Average Movement | 3.8% |
| 10% most volatile stocks in JP Market | 7.6% |
| 10% least volatile stocks in JP Market | 2.1% |
Stable Share Price: 3481 has not had significant price volatility in the past 3 months compared to the JP market.
Volatility Over Time: 3481's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2016 | n/a | Tetsuya Masuda | 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¥175.97b |
| Earnings (TTM) | JP¥8.55b |
| Revenue (TTM) | JP¥16.91b |
20.6x
P/E Ratio10.4x
P/S RatioIs 3481 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 3481 income statement (TTM) | |
|---|---|
| Revenue | JP¥16.91b |
| Cost of Revenue | JP¥7.21b |
| Gross Profit | JP¥9.70b |
| Other Expenses | JP¥1.15b |
| Earnings | JP¥8.55b |
Last Reported Earnings
Aug 31, 2024
Next Earnings Date
Nov 27, 2024
| Earnings per share (EPS) | 16.99k |
| Gross Margin | 57.37% |
| Net Profit Margin | 50.57% |
| Debt/Equity Ratio | 70.5% |
How did 3481 perform over the long term?
See historical performance and comparison