Mitsubishi Estate Co Ltd 8802
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News
Trading Information
- Previous Close Price
- JPY 2,758.50
- Day Range
- JPY 2,738.00–2,826.00
- 52-Week Range
- JPY 1,595.50–3,082.00
- Bid/Ask
- JPY 2,807.00 / JPY 2,813.00
- Market Cap
- JPY 3.55 Tril
- Volume/Avg
- 6.9 Mil / 6.9 Mil
Key Statistics
- Price/Earnings (Normalized)
- 26.97
- Price/Sales
- 2.60
- Dividend Yield (Trailing)
- 1.42%
- Dividend Yield (Forward)
- 1.42%
- Total Yield
- 3.47%
Company Profile
Mitsubishi Estate is one of the three big Japanese real estate companies. Around two thirds of its operating profit comes from leasing office space in Japan, where half of its portfolio is concentrated in the prime Marunouchi/Otemachi district between Tokyo station and the Imperial Palace. Mitsubishi Estate’s predecessor originally bought this land from the government in 1890, and the company sees itself as steward of the showcase area’s long-term development, rarely if ever selling any properties there.
- Sector
- Real Estate
- Industry
- Real Estate - Diversified
- Stock Style Box
- Large Core
- Total Number of Employees
- 17,630
- Website
- http://www.mec.co.jp
Comparables
Valuation
|
Metric
|
8802
|
8830
|
3463
|
|---|---|---|---|
Price/Earnings (Normalized) | 26.97 | 14.85 | 22.58 |
Price/Book Value | 1.58 | 1.31 | 0.90 |
Price/Sales | 2.60 | 2.69 | 8.77 |
Price/Cash Flow | 11.38 | 9.15 | 14.22 |
Price/Earnings
8802
8830
3463
Financial Strength
|
Metric
|
8802
|
8830
|
3463
|
|---|---|---|---|
Quick Ratio | 1.33 | 0.25 | 0.09 |
Current Ratio | 2.10 | 1.14 | 0.20 |
Interest Coverage | 7.81 | 14.35 | 7.38 |
Quick Ratio
8802
8830
3463
Profitability
|
Metric
|
8802
|
8830
|
3463
|
|---|---|---|---|
Return on Assets (Normalized) | 2.97% | 3.88% | 2.18% |
Return on Equity (Normalized) | 9.61% | 13.18% | 4.03% |
Return on Invested Capital (Normalized) | 4.10% | 4.43% | 2.57% |
Return on Assets
8802
8830
3463
Real Estate - Diversified Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
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MTSFF
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MTSFY
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MITEY
| Mitsubishi Estate Co Ltd ADR | — | Ryqtz | $22.9 Bil | |
MITEF
| Mitsubishi Estate Co Ltd | — | Sdpxc | $22.8 Bil | |
HLDVF
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HLDCY
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