Financials KDX Realty Investment Corporation OTC Markets

Equities

KDXRF

JP3046270009

Commercial REITs

Market Closed - OTC Markets 12:04:59 22/03/2024 GMT 5-day change 1st Jan Change
1,027 USD -.--% Intraday chart for KDX Realty Investment Corporation -.--% -.--%

Valuation

Fiscal Period: October 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 362,519 258,820 308,956 287,194 267,425 631,885 - -
Enterprise Value (EV) 1 505,935 436,170 489,250 457,713 267,425 1,111,943 932,526 927,860
P/E ratio 29.4 x - 21.6 x 23.4 x 19.6 x 13.2 x - 14.1 x
Yield 3.21% - 4.27% 4.14% - 7.54% - 5.53%
Capitalization / Revenue 11.8 x - 9.36 x 9.29 x 7.97 x 11.4 x - 12.2 x
EV / Revenue 16.5 x - 14.8 x 14.8 x 7.97 x 20.1 x - 17.9 x
EV / EBITDA 26.2 x 23.1 x 22.9 x 23.5 x 12.9 x 34.5 x 28.8 x 29.2 x
EV / FCF 69.8 x -155 x 52.3 x 45.7 x - -82.8 x 56 x 55.3 x
FCF Yield 1.43% -0.64% 1.91% 2.19% - -1.21% 1.79% 1.81%
Price to Book 1.58 x 1.13 x 1.34 x 1.25 x 1.16 x 1 x 0.73 x 0.73 x
Nbr of stocks (in thousands) 1,714 1,714 1,714 1,697 1,697 4,079 - -
Reference price 2 211,500 151,000 180,250 169,250 157,600 154,900 154,900 154,900
Announcement Date 12/06/19 15/06/20 15/06/21 14/06/22 13/06/23 18/06/24 - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: October 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 30,633 - 33,015 30,919 33,557 55,310 - 51,833
EBITDA 1 19,308 18,860 21,398 19,441 20,787 32,267 32,410 31,802
EBIT 1 14,322 - 16,324 14,284 15,537 24,841 - 24,266
Operating Margin 46.75% - 49.44% 46.2% 46.3% 44.91% - 46.82%
Earnings before Tax (EBT) 1 12,289 - 14,328 12,408 13,661 38,961 - 23,288
Net income 1 12,287 - 14,326 12,405 13,657 38,959 - 23,286
Net margin 40.11% - 43.39% 40.12% 40.7% 70.44% - 44.93%
EPS 2 7,198 - 8,358 7,238 8,030 11,706 - 10,973
Free Cash Flow 1 7,250 -2,805 9,361 10,020 - -13,436 16,647 16,780
FCF margin 23.67% - 28.35% 32.41% - -24.29% - 32.37%
FCF Conversion (EBITDA) 37.55% - 43.75% 51.54% - 65.97% 51.36% 52.76%
FCF Conversion (Net income) 59% - 65.34% 80.77% - 66.81% - 72.06%
Dividend per Share 2 6,794 - 7,692 7,000 - 11,672 - 8,570
Announcement Date 12/06/19 15/06/20 15/06/21 14/06/22 13/06/23 18/06/24 - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: Oktober 2020 S1 2020 S2 2021 S1 2021 S2 2022 S1 2022 S2 2023 S1 2023 S2 2024 S1 2024 S2 2025 S1 2025 S2 2026 S1 2026 S2
Net sales 1 15,028 15,272 16,714 16,301 15,028 15,891 16,266 17,291 16,656 38,655 38,315 37,159 37,414 37,353
EBITDA 1 9,249 9,611 10,858 10,540 9,425 10,016 - 10,774 10,068 22,199 24,197 23,194 23,758 -
EBIT 1 6,828 7,140 8,334 7,990 6,857 7,427 7,379 8,158 7,494 17,347 18,664 17,866 18,212 18,095
Operating Margin 45.44% 46.75% 49.86% 49.02% 45.63% 46.74% 45.36% 47.18% 45% 44.88% 48.71% 48.08% 48.68% 48.44%
Earnings before Tax (EBT) 1 5,846 6,177 7,311 7,017 5,911 6,497 6,452 7,209 6,573 32,388 16,067 15,463 15,658 15,632
Net income 1 5,844 6,175 7,310 7,016 5,909 6,496 6,451 7,206 6,571 32,388 16,239 15,427 15,657 15,632
Net margin 38.89% 40.43% 43.74% 43.04% 39.32% 40.88% 39.66% 41.67% 39.45% 83.79% 42.38% 41.52% 41.85% 41.85%
EPS 2 3,410 3,603 4,265 4,093 3,448 3,790 3,783 4,246 3,872 7,834 3,980 3,778 3,817 3,800
Dividend per Share 2 3,410 3,603 3,846 3,846 3,500 3,500 3,622 3,824 7,745 3,927 3,938 3,950 3,935 5,608
Announcement Date 13/12/19 15/06/20 14/12/20 15/06/21 14/12/21 14/06/22 14/12/22 13/06/23 14/12/23 18/06/24 - - - -
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: Oktober 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 143,416 177,350 180,295 170,519 - 480,058 300,641 295,975
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 7.428 x 9.404 x 8.426 x 8.771 x - 14.88 x 9.276 x 9.307 x
Free Cash Flow 1 7,250 -2,805 9,361 10,020 - -13,436 16,647 16,780
ROE (net income / shareholders' equity) 5.54% 5.23% 6.21% 5.36% - 9.14% 5.13% 5.21%
ROA (Net income/ Total Assets) 2.86% 2.72% 3.17% 2.69% - 4.56% 2.77% 2.79%
Assets 1 429,871 - 452,638 461,101 - 853,613 - 834,518
Book Value Per Share 2 133,967 133,947 134,759 135,215 135,829 155,560 213,312 213,191
Cash Flow per Share 2 16,873 9,997 16,342 10,808 - 10,204 19,621 19,778
Capex 23,071 - 18,650 8,507 - - - -
Capex / Sales 75.32% - 56.49% 27.51% - - - -
Announcement Date 12/06/19 15/06/20 15/06/21 14/06/22 13/06/23 18/06/24 - -
1JPY in Million2JPY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
  1. Stock Market
  2. Equities
  3. 8972 Stock
  4. KDXRF Stock
  5. Financials KDX Realty Investment Corporation