JPR was established on September 14, 2001 under the Act on Investment Trusts and Investment Corporations (Act No.
Acceptable track record second-rate dividend payer.
Share Price & News
How has Japan Prime Realty Investment's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: JPRR.F has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: JPRR.F underperformed the US REITs industry which returned 16% over the past year.
Return vs Market: JPRR.F underperformed the US Market which returned 17.9% over the past year.
Price Volatility Vs. Market
How volatile is Japan Prime Realty Investment's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Japan Prime Realty 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: JPRR.F ($4412.07) is trading above our estimate of fair value ($18.59)
Significantly Below Fair Value: JPRR.F is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: JPRR.F is good value based on its PE Ratio (32.2x) compared to the REITs industry average (37.2x).
PE vs Market: JPRR.F is poor value based on its PE Ratio (32.2x) compared to the US market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate JPRR.F's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: JPRR.F is good value based on its PB Ratio (1.9x) compared to the US REITs industry average (2.1x).
How is Japan Prime Realty Investment forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Japan Prime Realty Investment 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.
- Take a look at our analysis of JPRR.F’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Japan Prime Realty Investment's filings and announcements here.
- Explore growth companies in the Real Estate industry.
How has Japan Prime Realty Investment performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: JPRR.F has high quality earnings.
Growing Profit Margin: JPRR.F's current net profit margins (44%) are higher than last year (43.6%).
Past Earnings Growth Analysis
Earnings Trend: JPRR.F's earnings have grown by 6.4% per year over the past 5 years.
Accelerating Growth: JPRR.F's earnings growth over the past year (5.1%) is below its 5-year average (6.4% per year).
Earnings vs Industry: JPRR.F earnings growth over the past year (5.1%) underperformed the REITs industry 7.6%.
Return on Equity
High ROE: JPRR.F's Return on Equity (5.9%) is considered low.
Return on Assets
Return on Capital Employed
How is Japan Prime Realty 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: JPRR.F has a high level of physical assets or inventory.
Debt Coverage by Assets: JPRR.F's debt is not covered by short term assets (assets are 0.2x debt).
Financial Institutions Analysis
Asset Level: JPRR.F's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if JPRR.F has a sufficient allowance for bad loans.
Low Risk Liabilities: JPRR.F reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if JPRR.F has an acceptable proportion of non-loan assets held.
Low Risk Deposits: JPRR.F has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if JPRR.F has an appropriate level of bad loans.
What is Japan Prime Realty Investment's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: JPRR.F's dividend (3.1%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: JPRR.F's dividend (3.1%) is low compared to the top 25% of dividend payers in the US market (3.73%).
Stability and Growth of Payments
Stable Dividend: JPRR.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: JPRR.F's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (56.8%), JPRR.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?
Yoshihiro Jozaki (59yo)
Yoshihiro Jozaki has been the Executive Officer of Japan Prime Realty Investment Corporation since September 5, 2019. Yoshihiro Jozaki serves as Managing Officer at Tokyo Tatemono Co. Ltd.
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.
Japan Prime Realty Investment Corporation's company bio, employee growth, exchange listings and data sources
- Name: Japan Prime Realty Investment Corporation
- Ticker: JPRR.F
- Exchange: OTCPK
- Founded: 2001
- Industry: Office REITs
- Sector: Real Estate
- Market Cap: JP¥455.501b
- Listing Market Cap: JP¥4.078b
- Shares outstanding: 923.00k
- Website: https://www.jpr-reit.co.jp
- Japan Prime Realty Investment Corporation
- 4-16, Yaesu, 1-chome
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|8955||TSE (The Tokyo Stock Exchange)||Yes||Investment Units||JP||JPY||Jun 2002|
|JPRR.F||OTCPK (Pink Sheets LLC)||Yes||Investment Units||US||USD||Jun 2002|
|58JA||DB (Deutsche Boerse AG)||Yes||Investment Units||DE||EUR||Jun 2002|
JPR was established on September 14, 2001 under the Act on Investment Trusts and Investment Corporations (Act No. 198 of 1951, as amended), and was listed on the Tokyo Stock Exchange Real Estate Investment Trust Section (securities code: 8955) on June 14, 2002 with 289,600 outstanding investment units. With the subsequently implemented public offerings and other capital raising measures by JPR, the number of investment units issued and outstanding totals 923,000 units as of the end of the 36th fiscal period (December 31, 2019). JPR has assigned the asset management of its portfolio to Tokyo Realty Investment Management, Inc. (TRIM), through which JPR aims to maximize unitholder value by efficiently managing the portfolio primarily comprising office properties and retail properties.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/23 01:46|
|End of Day Share Price||2019/12/11 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.