TKUR.F Stock Overview

TOKYU REIT, Inc. was incorporated to invest in real estate on June 20, 2003 under the Law Concerning Investment Trusts and Investment Corporations of Japan (Law No. More details

TKUR.F fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	1/6
Financial Health	1/6
Dividends	4/6

Rewards

Price-To-Earnings ratio (14.4x) is below the US market (16.4x)

Risk Analysis

Shares are highly illiquid

Debt is not well covered by operating cash flow

Large one-off items impacting financial results

Dividend of 4.58% is not well covered by earnings

My Notes

Capture your thoughts, links and company narrative

Tokyu REIT, Inc. Competitors

Alexander & Baldwin

NYSE:ALEX

US$1.3b

Gladstone Commercial

NasdaqGS:GOOD

US$705.1m

One Liberty Properties

NYSE:OLP

US$587.5m

American Assets Trust

NYSE:AAT

US$2.0b

Price History & Performance

Summary of share price highs, lows and changes for Tokyu REIT
Historical stock prices
Current Share Price	JP¥1,180.00
52 Week High	JP¥1,200.96
52 Week Low	JP¥1,180.00
Beta	0.47
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	-20.27%
Change since IPO	-83.14%

Recent updates

Shareholder Returns

	TKUR.F	US REITs	US Market
7D	0%	-5.0%	-2.7%
1Y	n/a	-4.8%	23.4%

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

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

Price Volatility

Is TKUR.F's price volatile compared to industry and market?
TKUR.F volatility
TKUR.F Average Weekly Movement	n/a
REITs Industry Average Movement	3.3%
Market Average Movement	6.3%
10% most volatile stocks in US Market	16.9%
10% least volatile stocks in US Market	3.2%

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

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

About the Company

Founded	Employees	CEO	Website
2003	n/a	Yoshitaka Kimura	www.tokyu-reit.co.jp

TOKYU REIT, Inc. was incorporated to invest in real estate on June 20, 2003 under the Law Concerning Investment Trusts and Investment Corporations of Japan (Law No. 198 of 1952, as amended), or the Investment Trust Law. Such corporations are commonly referred to as Japanese Real Estate Investment Trusts, or J-REITs.

Tokyu REIT, Inc. Fundamentals Summary

How do Tokyu REIT's earnings and revenue compare to its market cap?
TKUR.F fundamental statistics
Market cap	US$1.06b
Earnings (TTM)	US$74.04m
Revenue (TTM)	US$95.50m

14.4x

P/E Ratio

11.1x

P/S Ratio

Is TKUR.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TKUR.F income statement (TTM)
Revenue	JP¥14.38b
Cost of Revenue	JP¥7.83b
Gross Profit	JP¥6.54b
Other Expenses	-JP¥4.60b
Earnings	JP¥11.15b

Last Reported Earnings

Jul 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	11.40k
Gross Margin	45.50%
Net Profit Margin	77.53%
Debt/Equity Ratio	85.1%

How did TKUR.F perform over the long term?

See historical performance and comparison

Dividends

4.6%

Current Dividend Yield

111%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/02/27 16:59
End of Day Share Price	2023/11/30 00:00
Earnings	2023/07/31
Annual Earnings	2023/07/31

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

Tokyu REIT, Inc. is covered by 12 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
Toshiyuki Anegawa	BofA Global Research
Yoshizumi Kimura	Citigroup Inc
null null	Company Forecast