Financials NIPPON REIT Investment Corporation

Equities

3296

JP3047750009

Diversified REITs

Delayed Japan Exchange 06:00:27 21/06/2024 BST 5-day change 1st Jan Change
336,500 JPY +0.30% Intraday chart for NIPPON REIT Investment Corporation +1.36% +0.15%

Valuation

Fiscal Period: December 2019 2020 2024
Capitalization 1 215,067 166,699 150,952
Enterprise Value (EV) 1 215,067 166,699 150,952
P/E ratio 26.3 x - -
Yield - - -
Capitalization / Revenue 12,331,138 x 9,639,661 x -
EV / Revenue 12,331,138 x 9,639,661 x -
EV / EBITDA - - -
EV / FCF - - -
FCF Yield - - -
Price to Book - - 1.16 x
Nbr of stocks (in thousands) 450 450 449.9
Reference price 2 478,000 370,500 335,500
Announcement Date 19/08/19 17/08/20 -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 15,684 17,617 18,786 19,452 18,576 17,693
EBITDA 1 10,163 11,513 12,875 13,567 12,666 11,419
EBIT 1 8,479 9,597 10,863 11,550 10,650 9,392
Operating Margin 54.06% 54.48% 57.83% 59.38% 57.33% 53.08%
Earnings before Tax (EBT) 1 7,169 8,327 9,595 10,248 9,362 7,756
Net income 1 7,168 8,326 9,594 10,193 9,307 7,754
Net margin 45.71% 47.26% 51.07% 52.4% 50.1% 43.82%
EPS 2 17,046 18,506 21,324 22,656 20,685 17,234
Free Cash Flow 1 7,075 4,709 7,271 9,051 7,507 7,124
FCF margin 45.11% 26.73% 38.71% 46.53% 40.41% 40.26%
FCF Conversion (EBITDA) 69.62% 40.9% 56.48% 66.71% 59.27% 62.39%
FCF Conversion (Net income) 98.7% 56.56% 75.79% 88.79% 80.66% 91.87%
Dividend per Share 2 17,711 18,153 18,120 22,900 20,490 16,768
Announcement Date 28/03/19 27/03/20 26/03/21 29/03/22 30/09/22 28/03/24
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S2 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
Net sales 1 8,983 8,634 8,658 10,127 9,411 10,041 8,535 8,548 8,865 8,828 8,910 8,807 8,755 8,799
EBITDA 1 5,903 5,607 5,767 7,105 6,504 - 5,606 5,448 - 5,720 5,578 5,581 - -
EBIT 1 4,955 4,642 4,774 6,089 5,500 6,043 4,599 4,443 4,441 4,705 4,716 4,690 4,621 4,659
Operating Margin 55.16% 53.76% 55.14% 60.12% 58.44% 60.19% 53.89% 51.97% 50.09% 53.3% 52.93% 53.26% 52.78% 52.95%
Earnings before Tax (EBT) 1 4,327 4,001 4,151 5,444 4,859 5,391 3,971 3,775 3,772 3,984 3,982 3,932 3,859 3,878
Net income 1 4,326 4,000 4,151 5,443 4,858 5,336 3,971 3,774 3,771 3,983 3,981 3,930 3,858 3,877
Net margin 48.16% 46.33% 47.94% 53.75% 51.63% 53.14% 46.53% 44.15% 42.54% 45.12% 44.68% 44.63% 44.07% 44.06%
EPS 2 9,615 8,890 9,226 12,098 10,798 11,859 8,825 8,387 8,381 8,854 8,848 8,736 8,575 8,617
Dividend per Share 2 9,617 8,892 9,228 12,100 10,800 11,665 8,825 8,387 8,381 8,854 8,848 8,736 8,575 8,617
Announcement Date 19/08/19 19/02/20 17/08/20 18/02/21 17/08/21 17/02/22 16/08/22 16/02/23 17/08/23 19/02/24 - - - -
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2024
Net Debt - - -
Net Cash position - - -
Leverage (Debt/EBITDA) - - -
Free Cash Flow - - -
ROE (net income / shareholders' equity) - - -
ROA (Net income/ Total Assets) - - -
Assets - - -
Book Value Per Share 1 - - 290,309
Cash Flow per Share - - -
Capex - - -
Capex / Sales - - -
Announcement Date 19/08/19 17/08/20 -
1JPY
Estimates
  1. Stock Market
  2. Equities
  3. 3296 Stock
  4. Financials NIPPON REIT Investment Corporation