Frontier Real Estate Investment Corporation

TSE:8964 Stock Report

Market Cap: JP¥211.5b

Frontier Real Estate Investment Past Earnings Performance

Past criteria checks 2/6

Frontier Real Estate Investment has been growing earnings at an average annual rate of 4.2%, while the Retail REITs industry saw earnings growing at 10.7% annually. Revenues have been growing at an average rate of 2.3% per year. Frontier Real Estate Investment's return on equity is 6.9%, and it has net margins of 52.3%.

Key information

4.2%

Earnings growth rate

2.3%

EPS growth rate

Retail REITs Industry Growth5.9%
Revenue growth rate2.3%
Return on equity6.9%
Net Margin52.3%
Next Earnings Update17 Feb 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Frontier Real Estate Investment makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSE:8964 Revenue, expenses and earnings (JPY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 2423,19512,134690
31 Mar 2422,87911,992680
31 Dec 2322,56311,849820
30 Sep 2322,76312,023670
30 Jun 2322,96312,196670
31 Mar 2322,95912,134680
31 Dec 2222,95512,072830
30 Sep 2222,94012,016690
30 Jun 2222,92511,959700
31 Mar 2222,54111,692690
31 Dec 2122,15611,424830
30 Sep 2121,88111,126680
30 Jun 2121,60510,826680
31 Mar 2121,53010,831670
31 Dec 2021,45410,835670
30 Sep 2021,28110,899650
30 Jun 2021,10910,962640
31 Mar 2021,08210,546620
31 Dec 1921,05410,131600
30 Sep 1920,9769,949600
30 Jun 1920,8989,767590
31 Mar 1920,7449,962600
31 Dec 1820,59010,156600
30 Sep 1820,48310,122590
30 Jun 1820,37610,088590
31 Mar 1820,26210,046570
31 Dec 1720,14610,003680
30 Sep 1720,0919,943560
30 Jun 1720,0349,883570
31 Mar 1720,0549,631580
31 Dec 1620,0749,380600
30 Sep 1620,0829,328600
30 Jun 1620,0899,277600
31 Mar 1619,9909,364580
31 Dec 1519,8909,451570
30 Sep 1520,0679,550570
30 Jun 1520,2439,650560
31 Dec 1420,78010,014780
30 Sep 1421,48110,786890
30 Jun 1421,26610,614900
31 Dec 1319,9209,328840

Quality Earnings: 8964 has high quality earnings.

Growing Profit Margin: 8964's current net profit margins (52.3%) are lower than last year (53.1%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 8964's earnings have grown by 4.2% per year over the past 5 years.

Accelerating Growth: 8964's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 8964 had negative earnings growth (-0.5%) over the past year, making it difficult to compare to the Retail REITs industry average (8%).


Return on Equity

High ROE: 8964's Return on Equity (6.9%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 09:17
End of Day Share Price 2024/12/25 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Frontier Real Estate Investment Corporation is covered by 14 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Takashi HashimotoBarclays
Toshiyuki AnegawaBofA Global Research
Yoshizumi KimuraCitigroup Inc