OTCPK:SURD.F

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Sumitomo Realty & Development

Executive Summary

Sumitomo Realty & Development Co., Ltd. engages in the real estate business in Japan.


Snowflake Analysis

Proven track record with mediocre balance sheet.


Similar Companies

Share Price & News

How has Sumitomo Realty & Development's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

SURD.F

2.9%

US Real Estate

2.4%

US Market


1 Year Return

n/a

SURD.F

-15.7%

US Real Estate

9.2%

US Market

Return vs Industry: Insufficient data to determine how SURD.F performed against the US Real Estate industry.

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


Shareholder returns

SURD.FIndustryMarket
7 Day0%2.9%2.4%
30 Day0%14.2%10.2%
90 Dayn/a-23.0%3.4%
1 Yearn/a-15.2%-15.7%11.6%9.2%
3 Year-18.3%-18.3%-15.8%-17.7%33.7%24.9%
5 Year-30.6%-30.6%-23.1%-25.4%59.7%41.8%

Price Volatility Vs. Market

How volatile is Sumitomo Realty & Development's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Sumitomo Realty & Development undervalued compared to its fair value and its price relative to the market?

10.44x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SURD.F ($25.66) is trading above our estimate of fair value ($3.09)

Significantly Below Fair Value: SURD.F is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SURD.F is good value based on its PE Ratio (10.4x) compared to the Real Estate industry average (15.5x).

PE vs Market: SURD.F is good value based on its PE Ratio (10.4x) compared to the US market (16.1x).


Price to Earnings Growth Ratio

PEG Ratio: SURD.F is poor value based on its PEG Ratio (2.8x)


Price to Book Ratio

PB vs Industry: SURD.F is overvalued based on its PB Ratio (1.1x) compared to the US Real Estate industry average (1.1x).


Next Steps

Future Growth

How is Sumitomo Realty & Development forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?

3.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SURD.F's forecast earnings growth (3.7% per year) is above the savings rate (2.2%).

Earnings vs Market: SURD.F's earnings (3.7% per year) are forecast to grow slower than the US market (22.2% per year).

High Growth Earnings: SURD.F's earnings are forecast to grow, but not significantly.

Revenue vs Market: SURD.F's revenue (1.4% per year) is forecast to grow slower than the US market (8.8% per year).

High Growth Revenue: SURD.F's revenue (1.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SURD.F's Return on Equity is forecast to be low in 3 years time (9.4%).


Next Steps

Past Performance

How has Sumitomo Realty & Development performed over the past 5 years?

11.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SURD.F has high quality earnings.

Growing Profit Margin: SURD.F's current net profit margins (13.3%) are higher than last year (12.7%).


Past Earnings Growth Analysis

Earnings Trend: SURD.F's earnings have grown by 11.3% per year over the past 5 years.

Accelerating Growth: SURD.F's earnings growth over the past year (7.7%) is below its 5-year average (11.3% per year).

Earnings vs Industry: SURD.F earnings growth over the past year (7.7%) exceeded the Real Estate industry -6.4%.


Return on Equity

High ROE: SURD.F's Return on Equity (10.9%) is considered low.


Next Steps

Financial Health

How is Sumitomo Realty & Development's financial position?


Financial Position Analysis

Short Term Liabilities: SURD.F's short term assets (¥916.0B) exceed its short term liabilities (¥622.0B).

Long Term Liabilities: SURD.F's short term assets (¥916.0B) do not cover its long term liabilities (¥3,400.6B).


Debt to Equity History and Analysis

Debt Level: SURD.F's debt to equity ratio (265.7%) is considered high.

Reducing Debt: SURD.F's debt to equity ratio has reduced from 352% to 265.7% over the past 5 years.

Debt Coverage: SURD.F's debt is not well covered by operating cash flow (6.7%).

Interest Coverage: SURD.F's interest payments on its debt are well covered by EBIT (31.9x coverage).


Balance Sheet


Next Steps

Dividend

What is Sumitomo Realty & Development's current dividend yield, its reliability and sustainability?

1.22%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SURD.F's dividend (1.22%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.65%).

High Dividend: SURD.F's dividend (1.22%) is low compared to the top 25% of dividend payers in the US market (4.39%).


Stability and Growth of Payments

Stable Dividend: SURD.F's dividends per share have been stable in the past 10 years.

Growing Dividend: SURD.F's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (11.8%), SURD.F's dividend payments are thoroughly 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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.6yrs

Average management tenure


CEO

Kojun Nishima (58yo)

7yrs

Tenure

Mr. Kojun Nishima is President at Sumitomo Realty & Development Co., Ltd. since June 2013, its Director since June 2009 and serves as Executive MD at Sumitomo Realty & Development Co., Ltd. • April 1984 ...


Leadership Team

NamePositionTenureCompensationOwnership
Kojun Nishima
Head of Building Development Division7yrsno data0.0017% ¥229.2k
Yoshiyuki Odai
Senior Managing Executive Officer9yrsno data0.0027% ¥371.5k
Nozomi Saito
Investor Relationsno datano datano data
Junji Takashima
Executive Managing Directorno datano data0.0049% ¥657.7k
Nobuaki Takemura
Head of Management Division12yrsno data0.0038% ¥515.3k
Masato Kobayashi
Head of Residential Business Division11yrsno data0.0027% ¥371.5k
Koji Ito
Senior Managing Executive Officer & Director7yrsno data0.0034% ¥458.3k
Hisatoshi Katayama
Senior Managing Executive Officer2yrsno data0.0015% ¥200.7k
Hiroshi Kato
Senior Managing Executive Officer7yrsno data0.0013% ¥172.2k
Ryuzo Amemiya
Managing Executive Officer0.42yrno datano data

3.6yrs

Average Tenure

58.5yo

Average Age

Experienced Management: SURD.F's management team is considered experienced (3.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Kojun Nishima
Head of Building Development Division7yrsno data0.0017% ¥229.2k
Yoshiyuki Odai
Senior Managing Executive Officer9yrsno data0.0027% ¥371.5k
Nobuaki Takemura
Head of Management Division12yrsno data0.0038% ¥515.3k
Masato Kobayashi
Head of Residential Business Division11yrsno data0.0027% ¥371.5k
Koji Ito
Senior Managing Executive Officer & Director7yrsno data0.0034% ¥458.3k
Hisatoshi Katayama
Senior Managing Executive Officer2yrsno data0.0015% ¥200.7k
Hiroshi Kato
Senior Managing Executive Officer7yrsno data0.0013% ¥172.2k
Kenichi Onodera
Chairman of the Board0.75yrno data0.0042% ¥572.2k
Yozo Izuhara
Outside Director1yrno datano data
Nobumasa Kemori
Outside Director1yrno datano data

7.0yrs

Average Tenure

59.5yo

Average Age

Experienced Board: SURD.F's board of directors are considered experienced (7 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Sumitomo Realty & Development Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sumitomo Realty & Development Co., Ltd.
  • Ticker: SURD.F
  • Exchange: OTCPK
  • Founded: 1949
  • Industry: Diversified Real Estate Activities
  • Sector: Real Estate
  • Market Cap: JP¥1.472t
  • Listing Market Cap: JP¥13.560b
  • Shares outstanding: 473.94m
  • Website: https://www.sumitomo-rd.co.jp/english/

Number of Employees


Location

  • Sumitomo Realty & Development Co., Ltd.
  • Shinjuku NS Building
  • 2-4-1 Nishi-Shinjuku
  • Tokyo
  • 163-0820
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SURD.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJan 1992
8830TSE (The Tokyo Stock Exchange)YesCommon StockJPJPYJan 1992
RL2DB (Deutsche Boerse AG)YesCommon StockDEEURJan 1992

Biography

Sumitomo Realty & Development Co., Ltd. engages in the real estate business in Japan. It operates in five segments: Leasing, Sales, Construction, Brokerage, and Other. The Leasing segment leases and manages office buildings, residences, and other properties. The Sales segment sells condominiums, detached houses, and land lots. The Construction segment engages in the construction of housing, condominiums, and buildings. The Brokerage segment is involved in real estate brokerage activities. The Other segment is involved in the fitness and restaurant businesses. The company was formerly known as Izumi Real Estate Co., Ltd. and changed its name to Sumitomo Realty & Development Co., Ltd. in 1957. Sumitomo Realty & Development Co., Ltd. was founded in 1949 and is headquartered in Tokyo, Japan. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/03 02:45
End of Day Share Price2020/03/30 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.