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8905

AEON Mall TSE:8905 Stock Report

Last Price

JP¥1.56k

Market Cap

JP¥352.7b

7D

0%

1Y

-8.0%

Updated

16 May, 2022

Data

Company Financials +
8905 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance2/6
Financial Health1/6
Dividends4/6

8905 Stock Overview

AEON Mall Co., Ltd. develops, leases, operates, and manages shopping malls in Japan, China, and ASEAN countries.

AEON Mall Competitors

Price History & Performance

Summary of all time highs, changes and price drops for AEON Mall
Historical stock prices
Current Share PriceJP¥1,558.00
52 Week HighJP¥1,910.00
52 Week LowJP¥1,506.00
Beta0.55
1 Month Change1.37%
3 Month Change-7.26%
1 Year Change-8.03%
3 Year Change-5.46%
5 Year Change-22.95%
Change since IPO199.14%

Recent News & Updates

Shareholder Returns

8905JP Real EstateJP Market
7D0%-2.9%-2.7%
1Y-8.0%-0.03%-2.5%

Return vs Industry: 8905 underperformed the JP Real Estate industry which returned -0% over the past year.

Return vs Market: 8905 underperformed the JP Market which returned -2.5% over the past year.

Price Volatility

Is 8905's price volatile compared to industry and market?
8905 volatility
8905 Average Weekly Movement3.3%
Real Estate Industry Average Movement3.9%
Market Average Movement4.5%
10% most volatile stocks in JP Market8.9%
10% least volatile stocks in JP Market2.5%

Stable Share Price: 8905 is less volatile than 75% of JP stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 8905's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19113,656Yasutsugu Iwamurahttps://www.aeonmall.com/en

AEON Mall Co., Ltd. develops, leases, operates, and manages shopping malls in Japan, China, and ASEAN countries. As of February 28, 2021, it operated 196 shopping malls. The company was incorporated in 1911 and is headquartered in Chiba, Japan.

AEON Mall Fundamentals Summary

How do AEON Mall's earnings and revenue compare to its market cap?
8905 fundamental statistics
Market CapJP¥352.69b
Earnings (TTM)JP¥19.28b
Revenue (TTM)JP¥316.81b

18.4x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
8905 income statement (TTM)
RevenueJP¥316.81b
Cost of RevenueJP¥248.88b
Gross ProfitJP¥67.93b
Other ExpensesJP¥48.65b
EarningsJP¥19.28b

Last Reported Earnings

Feb 28, 2022

Next Earnings Date

n/a

Earnings per share (EPS)84.72
Gross Margin21.44%
Net Profit Margin6.08%
Debt/Equity Ratio145.2%

How did 8905 perform over the long term?

See historical performance and comparison

Dividends

3.2%

Current Dividend Yield

59%

Payout Ratio

Valuation

Is AEON Mall undervalued compared to its fair value and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


18.39x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: 8905 (¥1558) is trading above our estimate of fair value (¥767.83)

Significantly Below Fair Value: 8905 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 8905 is poor value based on its PE Ratio (18.4x) compared to the JP Real Estate industry average (10.1x).

PE vs Market: 8905 is poor value based on its PE Ratio (18.4x) compared to the JP market (12.1x).


Price to Earnings Growth Ratio

PEG Ratio: 8905 is poor value based on its PEG Ratio (1.4x)


Price to Book Ratio

PB vs Industry: 8905 is good value based on its PB Ratio (0.9x) compared to the JP Real Estate industry average (1x).


Future Growth

How is AEON Mall forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


13.2%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 8905's forecast earnings growth (13.2% per year) is above the savings rate (0.02%).

Earnings vs Market: 8905's earnings (13.2% per year) are forecast to grow faster than the JP market (8.8% per year).

High Growth Earnings: 8905's earnings are forecast to grow, but not significantly.

Revenue vs Market: 8905's revenue (6.8% per year) is forecast to grow faster than the JP market (4.2% per year).

High Growth Revenue: 8905's revenue (6.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 8905's Return on Equity is forecast to be low in 3 years time (7.7%).


Past Performance

How has AEON Mall performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-17.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 8905 has high quality earnings.

Growing Profit Margin: 8905 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 8905's earnings have declined by 17% per year over the past 5 years.

Accelerating Growth: 8905 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 8905 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Real Estate industry (23.5%).


Return on Equity

High ROE: 8905's Return on Equity (4.5%) is considered low.


Financial Health

How is AEON Mall's financial position?

Financial Health Score

1/6

Financial Health Score 1/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 8905's short term assets (¥150.7B) do not cover its short term liabilities (¥212.7B).

Long Term Liabilities: 8905's short term assets (¥150.7B) do not cover its long term liabilities (¥823.6B).


Debt to Equity History and Analysis

Debt Level: 8905's net debt to equity ratio (124.8%) is considered high.

Reducing Debt: 8905's debt to equity ratio has increased from 116.4% to 145.2% over the past 5 years.

Debt Coverage: 8905's debt is not well covered by operating cash flow (9.9%).

Interest Coverage: 8905's interest payments on its debt are well covered by EBIT (4.1x coverage).


Balance Sheet


Dividend

What is AEON Mall current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


3.21%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 8905's dividend (3.21%) is higher than the bottom 25% of dividend payers in the JP market (1.61%).

High Dividend: 8905's dividend (3.21%) is low compared to the top 25% of dividend payers in the JP market (3.61%).


Stability and Growth of Payments

Stable Dividend: 8905's dividends per share have been stable in the past 10 years.

Growing Dividend: 8905's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (59%), 8905's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 8905 is paying a dividend but the company has no free cash flows.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.0yrs

Average management tenure


CEO

Yasutsugu Iwamura (55 yo)

2.17yrs

Tenure

Mr. Yasutsugu Iwamura serves as the President and Chief Executive Officer of AEON Mall Co. Ltd. since March 1, 2020. and serves its Chainman.He has been Director of AEON Mall Co., Ltd. since May 23, 2019....


Leadership Team

Experienced Management: 8905's management team is considered experienced (4 years average tenure).


Board Members

Experienced Board: 8905's board of directors are considered experienced (3.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

AEON Mall Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: AEON Mall Co., Ltd.
  • Ticker: 8905
  • Exchange: TSE
  • Founded: 1911
  • Industry: Real Estate Operating Companies
  • Sector: Real Estate
  • Implied Market Cap: JP¥352.695b
  • Shares outstanding: 227.54m
  • Website: https://www.aeonmall.com/en

Number of Employees


Location

  • AEON Mall Co., Ltd.
  • 1-5-1 Nakase
  • Mihama-ku
  • Chiba
  • Chiba
  • 261-8539
  • Japan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/16 00:00
End of Day Share Price2022/05/16 00:00
Earnings2022/02/28
Annual Earnings2022/02/28


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.