company background image
8918

LAND TSE:8918 Stock Report

Last Price

JP¥10.00

Market Cap

JP¥14.3b

7D

0%

1Y

-16.7%

Updated

16 May, 2022

Data

Company Financials
8918 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends2/6

8918 Stock Overview

LAND Co., Ltd. engages in the real estate business.

LAND Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for LAND
Historical stock prices
Current Share PriceJP¥10.00
52 Week HighJP¥14.00
52 Week LowJP¥9.00
Beta0.42
1 Month Change0%
3 Month Change-9.09%
1 Year Change-16.67%
3 Year Change25.00%
5 Year Change-41.18%
Change since IPO-99.61%

Recent News & Updates

Shareholder Returns

8918JP Real EstateJP Market
7D0%-0.3%-0.02%
1Y-16.7%-2.6%-3.6%

Return vs Industry: 8918 underperformed the JP Real Estate industry which returned -0% over the past year.

Return vs Market: 8918 underperformed the JP Market which returned -2.5% over the past year.

Price Volatility

Is 8918's price volatile compared to industry and market?
8918 volatility
8918 Average Weekly Movement19.0%
Real Estate Industry Average Movement3.9%
Market Average Movement4.6%
10% most volatile stocks in JP Market9.1%
10% least volatile stocks in JP Market2.5%

Stable Share Price: 8918 is more volatile than 90% of JP stocks over the past 3 months, typically moving +/- 19% a week.

Volatility Over Time: 8918's weekly volatility has increased from 14% to 19% over the past year.

About the Company

FoundedEmployeesCEOWebsite
19969Masaki Matsutanihttps://www.land.jp

LAND Co., Ltd. engages in the real estate business. The company was founded in 1996 and is based in Yokohama, Japan.

LAND Fundamentals Summary

How do LAND's earnings and revenue compare to its market cap?
8918 fundamental statistics
Market CapJP¥14.34b
Earnings (TTM)JP¥1.67b
Revenue (TTM)JP¥3.03b

8.6x

P/E Ratio

4.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
8918 income statement (TTM)
RevenueJP¥3.03b
Cost of RevenueJP¥997.00m
Gross ProfitJP¥2.03b
Other ExpensesJP¥359.00m
EarningsJP¥1.67b

Last Reported Earnings

Feb 28, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.16
Gross Margin67.05%
Net Profit Margin55.19%
Debt/Equity Ratio10.8%

How did 8918 perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

9%

Payout Ratio

Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


32.4%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: 8918 (¥10) is trading below our estimate of fair value (¥14.79)

Significantly Below Fair Value: 8918 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 8918 is good value based on its PE Ratio (8.6x) compared to the JP Real Estate industry average (10.1x).

PE vs Market: 8918 is good value based on its PE Ratio (8.6x) compared to the JP market (12.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 8918's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 8918 is overvalued based on its PB Ratio (2.3x) compared to the JP Real Estate industry average (1x).


Future Growth

How is LAND forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


6.8%

Forecasted Real Estate industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as LAND has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has LAND performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-37.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 8918 has high quality earnings.

Growing Profit Margin: 8918 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 8918's earnings have declined by 37.2% per year over the past 5 years.

Accelerating Growth: 8918 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 8918 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: 8918's Return on Equity (27%) is considered high.


Financial Health

How is LAND's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 8918's short term assets (¥7.1B) exceed its short term liabilities (¥761.0M).

Long Term Liabilities: 8918's short term assets (¥7.1B) exceed its long term liabilities (¥224.0M).


Debt to Equity History and Analysis

Debt Level: 8918 has more cash than its total debt.

Reducing Debt: 8918's debt to equity ratio has reduced from 61.5% to 10.8% over the past 5 years.

Debt Coverage: 8918's debt is well covered by operating cash flow (136.8%).

Interest Coverage: 8918's interest payments on its debt are well covered by EBIT (1565x coverage).


Balance Sheet


Dividend

What is LAND current dividend yield, its reliability and sustainability?

Dividend Score

1/6

Dividend Score 1/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.00%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 8918's dividend (1%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.61%).

High Dividend: 8918's dividend (1%) is low compared to the top 25% of dividend payers in the JP market (3.61%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether 8918's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if 8918's dividend payments are increasing as they only just started paying a dividend.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (8.6%), 8918's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (15.7%), 8918's dividend payments are well covered by cash flows.


Next Steps

Management

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

13.0yrs

Average board tenure


CEO

Masaki Matsutani (53 yo)

25.42yrs

Tenure

Mr. Masaki Matsutani has been the President and Representative Director of LAND Co. Ltd. since December 1996. Mr. Matsutani has been President and Director of Y.K. LAND CORP since February 2000.


Board Members

Experienced Board: 8918's board of directors are seasoned and experienced ( 13 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

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


Key Information

  • Name: LAND Co., Ltd.
  • Ticker: 8918
  • Exchange: TSE
  • Founded: 1996
  • Industry: Real Estate Services
  • Sector: Real Estate
  • Implied Market Cap: JP¥14.337b
  • Shares outstanding: 1.43b
  • Website: https://www.land.jp

Number of Employees


Location

  • LAND Co., Ltd.
  • Yokohama 3rd Building
  • 7th Floor
  • Yokohama
  • Kanagawa
  • 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.