Daiwa House REIT Investment Corp
TSE:8984

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Daiwa House REIT Investment Corp
TSE:8984
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Price: 125 100 JPY -0.4% Market Closed
Market Cap: ¥568B

P/FCFE

21.8
Current
7%
More Expensive
vs 3-y average of 20.4

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.

P/FCFE
21.8
=
Market Cap
¥592B
/
Free Cash Flow to Equity
¥26B

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.

P/FCFE
21.8
=
Market Cap
¥592B
/
Free Cash Flow to Equity
¥26B

Valuation Scenarios

Daiwa House REIT Investment Corp is trading above its 3-year average

If P/FCFE returns to its 3-Year Average (20.4), the stock would be worth ¥117 173 (6% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-12%
Maximum Upside
+2%
Average Downside
4%
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

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close

Market Distribution

In line with most companies in Japan
Percentile
49th
Based on 3 849 companies
49th percentile
21.8
Low
0.1 — 14.9
Typical Range
14.9 — 35
High
35 —
Distribution Statistics
Japan
Min 0.1
30th Percentile 14.9
Median 22.4
70th Percentile 35
Max 736 044 589.7

Daiwa House REIT Investment Corp
Glance View

Market Cap
568B JPY
Industry
Real Estate

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.

Intrinsic Value
122 194.15 JPY
Overvaluation 2%
Intrinsic Value
Price ¥125 100
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