Advance Residence Investment Corporation (Securities code: 3269) is listed on the Real Estate Investment Trust Securities Market of Tokyo Stock Exchange.
Acceptable track record unattractive dividend payer.
Share Price & News
How has Advance Residence Investment's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ADZZ.F has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: Insufficient data to determine how ADZZ.F performed against the US REITs industry.
Return vs Market: Insufficient data to determine how ADZZ.F performed against the US Market.
Price Volatility Vs. Market
How volatile is Advance Residence Investment's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Advance Residence Investment undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ADZZ.F ($3050) is trading above our estimate of fair value ($12.54)
Significantly Below Fair Value: ADZZ.F is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ADZZ.F is good value based on its PE Ratio (33.5x) compared to the REITs industry average (37.8x).
PE vs Market: ADZZ.F is poor value based on its PE Ratio (33.5x) compared to the US market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: ADZZ.F is poor value based on its PEG Ratio (20.1x)
Price to Book Ratio
PB vs Industry: ADZZ.F is overvalued based on its PB Ratio (2.1x) compared to the US REITs industry average (2x).
How is Advance Residence Investment forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ADZZ.F's forecast earnings growth (1.7% per year) is below the savings rate (2.7%).
Earnings vs Market: ADZZ.F's earnings (1.7% per year) are forecast to grow slower than the US market (14.3% per year).
High Growth Earnings: ADZZ.F's earnings are forecast to grow, but not significantly.
Revenue vs Market: ADZZ.F's revenue (1% per year) is forecast to grow slower than the US market (7.5% per year).
High Growth Revenue: ADZZ.F's revenue (1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ADZZ.F's Return on Equity is forecast to be low in 3 years time (6.7%).
How has Advance Residence Investment performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ADZZ.F has high quality earnings.
Growing Profit Margin: ADZZ.F's current net profit margins (43.2%) are higher than last year (43.1%).
Past Earnings Growth Analysis
Earnings Trend: ADZZ.F's earnings have grown by 4.2% per year over the past 5 years.
Accelerating Growth: ADZZ.F's earnings growth over the past year (1.4%) is below its 5-year average (4.2% per year).
Earnings vs Industry: ADZZ.F earnings growth over the past year (1.4%) underperformed the REITs industry 8.1%.
Return on Equity
High ROE: ADZZ.F's Return on Equity (6.4%) is considered low.
How is Advance Residence Investment's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: ADZZ.F has a high level of physical assets or inventory.
Debt Coverage by Assets: ADZZ.F's debt is not covered by short term assets (assets are 0.1x debt).
Financial Institutions Analysis
Asset Level: ADZZ.F's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if ADZZ.F has a sufficient allowance for bad loans.
Low Risk Liabilities: ADZZ.F reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if ADZZ.F has an acceptable proportion of non-loan assets held.
Low Risk Deposits: ADZZ.F has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if ADZZ.F has an appropriate level of bad loans.
What is Advance Residence Investment's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ADZZ.F's dividend (3.13%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: ADZZ.F's dividend (3.13%) is low compared to the top 25% of dividend payers in the US market (3.66%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, ADZZ.F has been paying a dividend for less than 10 years.
Growing Dividend: ADZZ.F's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (74.9%), ADZZ.F's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Advance Residence Investment has no CEO, or we have no data on them.
|GM of Investment & Asset Management Division I and Executive Director||1.4yrs||no data||no data|
|Director & Deputy CFO of Corporate Management Department||0yrs||no data||no data|
|Supervisory Director||9.7yrs||no data||no data|
|Supervisory Director||2.1yrs||no data||no data|
|Substitute Executive Director||0.08yrs||no data||no data|
|Supervisory Director||0.08yrs||no data||no data|
|Non-Executive Director||1.4yrs||no data||no data|
|Non-Executive Corporate Auditor||1.4yrs||no data||no data|
Experienced Board: ADZZ.F's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Advance Residence Investment Corporation's company bio, employee growth, exchange listings and data sources
- Name: Advance Residence Investment Corporation
- Ticker: ADZZ.F
- Exchange: OTCPK
- Founded: 2010
- Industry: Residential REITs
- Sector: Real Estate
- Market Cap: JP¥483.365b
- Listing Market Cap: JP¥4.429b
- Shares outstanding: 1.39m
- Website: https://www.adr-reit.com
- Advance Residence Investment Corporation
- Jinbocho Mitsui Building
- 17th Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|3269||TSE (The Tokyo Stock Exchange)||Yes||Investment Securities||JP||JPY||Mar 2010|
|ADZZ.F||OTCPK (Pink Sheets LLC)||Yes||Investment Securities||US||USD||Mar 2010|
Advance Residence Investment Corporation (Securities code: 3269) is listed on the Real Estate Investment Trust Securities Market of Tokyo Stock Exchange. ADR has the largest portfolio among the residential REITs in Japan in terms of assets.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2019/11/11 00:08|
|End of Day Share Price||2019/08/13 00:00|
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.