GBRS.F Stock Overview

GBRS.F fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	2/6
Financial Health	3/6
Dividends	5/6

Rewards

Trading at 26.3% below our estimate of its fair value

Pays a reliable dividend of 4.36%

Risk Analysis

Shares are highly illiquid

Debt is not well covered by operating cash flow

My Notes

Capture your thoughts, links and company narrative

Global One Real Estate Investment Corp. Competitors

Easterly Government Properties

NYSE:DEA

US$1.3b

Postal Realty Trust

NYSE:PSTL

US$364.3m

Equity Commonwealth

NYSE:EQC

US$187.0m

Highwoods Properties

NYSE:HIW

US$3.2b

Price History & Performance

Summary of share price highs, lows and changes for Global One Real Estate Investment
Historical stock prices
Current Share Price	JP¥770.00
52 Week High	JP¥770.00
52 Week Low	JP¥770.00
Beta	0
1 Month Change	0%
3 Month Change	0%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-92.45%

Recent updates

Shareholder Returns

	GBRS.F	US REITs	US Market
7D	0%	-5.4%	-2.4%
1Y	n/a	-4.8%	23.3%

Return vs Industry: Insufficient data to determine how GBRS.F performed against the US REITs industry.

Return vs Market: Insufficient data to determine how GBRS.F performed against the US Market.

Price Volatility

Is GBRS.F's price volatile compared to industry and market?
GBRS.F volatility
GBRS.F Average Weekly Movement	n/a
REITs Industry Average Movement	3.3%
Market Average Movement	6.3%
10% most volatile stocks in US Market	16.8%
10% least volatile stocks in US Market	3.1%

Stable Share Price: GBRS.F has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine GBRS.F's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2003	n/a	n/a	www.go-reit.co.jp/en/

Global One Real Estate Investment Corporation (“GOR”) is a Japanese Real Estate Investment Trust (J-REIT) listed on the Tokyo Stock Exchange (TSE: 8958) with the ultimate goal of pursuing maximum returns for unitholders. GOR cautiously selects prime properties at prime locations with an eye on “strong and sustainable competitiveness in the marketplace.” The three key watchwords in selecting properties are: (1) CLOSER - easily accessible from nearby train stations; (2) NEWER - newly or recently built; and (3) LARGER - large office buildings with extensive office space.

Global One Real Estate Investment Corp. Fundamentals Summary

How do Global One Real Estate Investment's earnings and revenue compare to its market cap?
GBRS.F fundamental statistics
Market cap	US$732.80m
Earnings (TTM)	US$31.90m
Revenue (TTM)	US$78.56m

23.0x

P/E Ratio

9.3x

P/S Ratio

Is GBRS.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GBRS.F income statement (TTM)
Revenue	JP¥11.34b
Cost of Revenue	JP¥5.73b
Gross Profit	JP¥5.62b
Other Expenses	JP¥1.01b
Earnings	JP¥4.61b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	4.85k
Gross Margin	49.52%
Net Profit Margin	40.60%
Debt/Equity Ratio	98.9%

How did GBRS.F perform over the long term?

See historical performance and comparison

Dividends

4.4%

Current Dividend Yield

76%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2022/10/04 05:07
End of Day Share Price	2022/07/07 00:00
Earnings	2022/03/31
Annual Earnings	2022/03/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Global One Real Estate Investment Corp. is covered by 8 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Junichi Tazawa	Barclays
Noritaka Hobo	Daiwa Securities Co. Ltd.
null null	Daiwa Securities Co. Ltd.