GLP J-REIT Past Earnings Performance

Past criteria checks 3/6

GLP J-REIT has been growing earnings at an average annual rate of 12.1%, while the Industrial REITs industry saw earnings growing at 20% annually. Revenues have been growing at an average rate of 8.4% per year. GLP J-REIT's return on equity is 5.8%, and it has net margins of 54.1%.

Key information

12.1%

Earnings growth rate

5.2%

EPS growth rate

Industrial REITs Industry Growth	24.3%
Revenue growth rate	8.4%
Return on equity	5.8%
Net Margin	54.1%
Last Earnings Update	31 Aug 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How GLP J-REIT makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OTCPK:GLPJ.F Revenue, expenses and earnings (JPY Millions)
Date	Revenue	Earnings	G+A Expenses
31 Aug 23	50,198	27,158	100
31 May 23	48,991	28,369	99
28 Feb 23	47,785	29,580	98
30 Nov 22	47,210	27,278	96
31 Aug 22	48,150	24,975	102
31 May 22	46,288	22,628	93
28 Feb 22	45,942	20,281	93
30 Nov 21	44,754	21,478	92
31 Aug 21	43,566	22,676	91
31 May 21	41,933	21,643	89
28 Feb 21	40,299	20,610	88
30 Nov 20	39,270	19,591	87
31 Aug 20	38,734	18,571	94
31 May 20	38,094	18,530	87
29 Feb 20	37,947	18,488	86
30 Nov 19	37,872	18,576	85
31 Aug 19	37,797	18,664	84
31 May 19	36,692	17,831	83
28 Feb 19	35,588	16,997	82
30 Nov 18	33,333	15,664	80
31 Aug 18	31,078	14,332	77
31 May 18	29,721	13,555	76
28 Feb 18	28,363	12,779	75
30 Nov 17	28,305	12,733	75
31 Aug 17	28,247	12,688	75
31 May 17	27,295	12,118	75
28 Feb 17	26,343	11,548	75
30 Nov 16	25,437	11,080	74
31 Aug 16	24,530	10,611	74
31 May 16	23,929	10,310	73
29 Feb 16	23,328	10,008	72
30 Nov 15	22,697	9,676	71
31 Aug 15	22,067	9,343	74
31 May 15	21,191	9,005	67
28 Feb 15	20,314	8,667	64
30 Nov 14	18,858	8,353	61
31 Aug 14	17,403	8,039	61
31 May 14	16,378	7,827	59
28 Feb 14	15,354	7,615	59

Quality Earnings: GLPJ.F has a large one-off gain of ¥4.5B impacting its last 12 months of financial results to 31st August, 2023.

Growing Profit Margin: GLPJ.F's current net profit margins (54.1%) are higher than last year (51.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: GLPJ.F's earnings have grown by 12.1% per year over the past 5 years.

Accelerating Growth: GLPJ.F's earnings growth over the past year (8.7%) is below its 5-year average (12.1% per year).

Earnings vs Industry: GLPJ.F earnings growth over the past year (8.7%) exceeded the Industrial REITs industry 6.9%.

Return on Equity

High ROE: GLPJ.F's Return on Equity (5.8%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/03/11 15:51
End of Day Share Price	2023/12/14 00:00
Earnings	2023/08/31
Annual Earnings	2023/08/31

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.

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 Github.

Analyst Sources

GLP J-REIT is covered by 20 analysts. 5 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
Tomoyoshi Omuro	BofA Global Research
Takashi Hashimoto	Citigroup Inc