Daiwa House REIT Investment Corp
TSE:8984
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
Johnson & Johnson
NYSE:JNJ
|
US |
|
Berkshire Hathaway Inc
NYSE:BRK.A
|
US |
|
Bank of America Corp
NYSE:BAC
|
US |
|
Mastercard Inc
NYSE:MA
|
US |
|
UnitedHealth Group Inc
NYSE:UNH
|
US |
|
Exxon Mobil Corp
NYSE:XOM
|
US |
|
Pfizer Inc
NYSE:PFE
|
US |
|
Nike Inc
NYSE:NKE
|
US |
|
Visa Inc
NYSE:V
|
US |
|
Alibaba Group Holding Ltd
NYSE:BABA
|
CN |
|
JPMorgan Chase & Co
NYSE:JPM
|
US |
|
Coca-Cola Co
NYSE:KO
|
US |
|
Verizon Communications Inc
NYSE:VZ
|
US |
|
Chevron Corp
NYSE:CVX
|
US |
|
Walt Disney Co
NYSE:DIS
|
US |
|
PayPal Holdings Inc
NASDAQ:PYPL
|
US |
P/FCFE
Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.
Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.
Valuation Scenarios
If P/FCFE returns to its 3-Year Average (20.4), the stock would be worth ¥117 173 (6% downside from current price).
| Scenario | P/FCFE Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 21.8 | ¥125 100 |
0%
|
| 3-Year Average | 20.4 | ¥117 173 |
-6%
|
| 5-Year Average | 19.1 | ¥109 540.4 |
-12%
|
| Industry Average | 21.7 | ¥124 514.65 |
0%
|
| Country Average | 22.4 | ¥128 150.76 |
+2%
|
Forward P/FCFE
Today’s price vs future free cash flow to equity
Peer Comparison
| Market Cap | P/FCFE | P/E | ||||
|---|---|---|---|---|---|---|
| JP |
|
Daiwa House REIT Investment Corp
TSE:8984
|
567.9B JPY | 21.8 | 20.9 | |
| ZA |
G
|
Growthpoint Properties Ltd
JSE:GRT
|
55.4B ZAR | 15.3 | 10.7 | |
| ZA |
R
|
Redefine Properties Ltd
JSE:RDF
|
44B ZAR | 2 730.8 | 10.7 | |
| US |
|
WP Carey Inc
NYSE:WPC
|
15.9B USD | -20.6 | 34.1 | |
| ZA |
F
|
Fairvest Ltd
JSE:FTA
|
13.7B ZAR | -39.3 | 9.3 | |
| ZA |
A
|
Attacq Ltd
JSE:ATT
|
11.6B ZAR | 26 | 8.1 | |
| ES |
|
MERLIN Properties SOCIMI SA
MAD:MRL
|
8.4B EUR | 26 | 10.9 | |
| JP |
|
KDX Realty Investment Corp
OTC:KDXRF
|
9.5B USD | 25.7 | 44.3 | |
| ZA |
S
|
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
|
9B ZAR | -9.2 | 16 | |
| ZA |
H
|
Heriot REIT Ltd
JSE:HET
|
7.3B ZAR | 5.1 | 5.6 | |
| AU |
|
Stockland Corporation Ltd
ASX:SGP
|
9.8B AUD | 12.8 | 11.2 |
Market Distribution
| Min | 0.1 |
| 30th Percentile | 14.9 |
| Median | 22.4 |
| 70th Percentile | 35 |
| Max | 736 044 589.7 |
Other Multiples
Daiwa House REIT Investment Corp
Glance View
Daiwa House REIT Investment Corporation, a remarkable player in Japan's real estate market, unfolds a narrative rooted in strategic asset management. Underpinning its existence is a portfolio meticulously curated across various sectors, predominantly centered on logistics, retail, and residential properties. Daiwa House REIT is publicly listed, allowing investors to partake in its growth and profitability through the trading of its units on the Tokyo Stock Exchange. The company's strategy emphasizes acquiring and managing high-quality real estate, capitalizing on Daiwa House Group's extensive experience and network, which provides a steady stream of premier property acquisition opportunities. By concentrating on these thriving sectors, the REIT capitalizes on robust demand dynamics, ensuring a solid foundation and resilience in fluctuating market conditions. The corporation’s profitability is anchored in its ability to generate consistent rental income streams from its diverse property holdings. The rent collected from these assets is meticulously managed to cover operational costs, with the surplus distributed among its investors, demonstrating the REIT's commitment to maximizing shareholder value. Daiwa House REIT's keen focus on occupancy rates, tenant mix, and lease renewals plays a pivotal role in sustaining this revenue flow, allowing it to weather economic variances. By leveraging the synergies with its sponsor, Daiwa House Industry Co., Ltd., the REIT ensures a pipeline of growth opportunities, enhancing asset value and income potential. This symbiotic relationship further fortifies its position in the competitive landscape, enabling it to maintain a progressive trajectory.