Valuation Starts Proceed Investment Corporation

Stocks

Market Closed - Japan Exchange 07:30:00 23/10/2026 BST			5-day change	1st Jan Change
174,700.00 ^JPY	+0.29%		-1.85%	-13.39%

09-30	Starts Proceed Investment Corporation completed the acquisition of Proceed Musashisakai.	CI
09-30	Starts Proceed Investment Completes Tokyo Property Sale	MT

Data adjusted to current consolidation scope

Fiscal Period: April	2021	2022	2023	2024	2025	2026
Market Cap ¹	57,709	59,130	65,111	58,473	46,308	52,903
Change	-	2.46%	10.11%	-10.2%	-20.8%	14.24%
Enterprise Value (EV) ¹	101,966	102,666	115,959	113,212	97,386	107,303
Change	-	0.69%	12.95%	-2.37%	-13.98%	10.18%
P/E	22.4x	25.1x	22.8x	22.2x	17.3x	22x
PBR	1.33x	1.36x	1.32x	1.19x	0.98x	1.14x
PEG	-	-2.94x	2.49x	-2.72x	3.41x	-2.28x
Capitalization / Revenue	8.86x	9.43x	9.71x	8.18x	6.39x	7.24x
EV / Revenue	15.7x	16.4x	17.3x	15.8x	13.4x	14.7x
EV / EBITDA	24x	26x	27.4x	25.7x	21.7x	23.4x
EV / EBIT	34.6x	38.7x	40.2x	36.9x	31.7x	34.1x
EV / FCF	-57.2x	-	78.1x	36.9x	32.6x	-62.1x
FCF Yield	-1.75%	-	1.28%	2.71%	3.07%	-1.61%
Dividend per Share ²	-	9,281	11,638	9,985	10,720	-
Rate of return	-	3.98%	5.05%	4.82%	6.33%	-
EPS ²	10,147	9,281	10,130	9,304	9,776	8,832
Distribution rate	-	100%	115%	107%	110%	-
Net sales ¹	6,512	6,271	6,709	7,145	7,242	7,303
EBITDA ¹	4,249	3,948	4,225	4,405	4,480	4,583
EBIT ¹	2,946	2,654	2,884	3,065	3,072	3,150
Net income ¹	2,575	2,355	2,716	2,628	2,761	2,406
Net Debt ¹	44,257	43,536	50,848	54,740	51,078	54,400
Reference price ²	227,400.00	233,000.00	230,500.00	207,000.00	169,400.00	194,200.00
Nbr of stocks (in thousands)	254	254	282	282	273	272
Announcement Date	27/07/21	25/07/22	24/07/23	29/07/24	25/07/25	28/07/26

¹JPY in Million²JPY

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
STARTS PROCEED INVESTMENT CORPORATION	-	-	-	-	304M
VIVMARK RESIDENTIAL	40.07x	13.15x	23.29x	-	48.77B
ESSEX PROPERTY TRUST, INC.	48.88x	12.57x	19.2x	3.72%	17.89B
INVITATION HOMES INC.	27.54x	8.24x	15.96x	4.37%	16.27B
SUN COMMUNITIES, INC.	-19.6x	9.05x	19.55x	3.72%	14.65B
MID-AMERICA APARTMENT COMMUNITIES, INC.	31.87x	8.81x	15.64x	5.12%	13.9B
EQUITY LIFESTYLE PROPERTIES, INC.	30.45x	9.53x	19.66x	3.55%	11.81B
UDR, INC.	29.23x	10.15x	16.31x	4.85%	11.51B
AMERICAN HOMES 4 RENT	32.74x	8.72x	16.35x	4.12%	11.49B
CAMDEN PROPERTY TRUST	67.28x	9.26x	16.58x	4.16%	10.46B
Average	32.05x	9.94x	18.06x	4.2%	15.7B
Weighted average by Cap.	33.23x	10.73x	19.29x	4.19%