Japan Real Estate Investment Corp 8952
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Trading Information
- Previous Close Price
- JPY 539,000.00
- Day Range
- JPY 537,000.00–541,000.00
- 52-Week Range
- JPY 521,000.00–619,000.00
- Bid/Ask
- JPY 536,000.00 / JPY 539,000.00
- Market Cap
- JPY 764.08 Bil
- Volume/Avg
- 4,474 / 5,087
Key Statistics
- Price/Earnings (Normalized)
- 22.80
- Price/Sales
- 10.11
- Dividend Yield (Trailing)
- 4.41%
- Dividend Yield (Forward)
- 4.36%
- Total Yield
- 4.41%
Company Profile
Japan Real Estate Investment Corp, or J-REIT, is a Japanese real estate investment trust that invests in, owns, and leases office properties. The vast majority of the company’s real estate portfolio is located within Tokyo’s 23 wards and the Tokyo metropolitan area in terms of total value. Within this area, most of J-REIT’s offices reside within the Tokyo central business district. The company derives nearly all of its income in the form of rental revenue from the leasing of its office properties. While J-REIT tenants hail from a diverse assortment of industries, firms from the service, information services, electric devices, and financial services industries are its largest customers in terms of total leased space.
- Sector
- Real Estate
- Industry
- REIT - Office
- Stock Style Box
- Mid Core
- Total Number of Employees
- —
- Website
- http://www.j-re.co.jp
Comparables
Valuation
|
Metric
|
8952
|
8954
|
8976
|
|---|---|---|---|
Price/Earnings (Normalized) | 22.80 | 22.64 | 22.52 |
Price/Book Value | 1.43 | 1.33 | — |
Price/Sales | 10.11 | 8.51 | 9.60 |
Price/Cash Flow | 12.88 | 8.39 | 16.14 |
Price/Earnings
8952
8954
8976
Financial Strength
|
Metric
|
8952
|
8954
|
8976
|
|---|---|---|---|
Quick Ratio | 0.28 | 0.96 | 0.71 |
Current Ratio | 0.35 | 1.14 | 0.83 |
Interest Coverage | 20.35 | 12.72 | 16.26 |
Quick Ratio
8952
8954
8976
Profitability
|
Metric
|
8952
|
8954
|
8976
|
|---|---|---|---|
Return on Assets (Normalized) | 4.53% | 2.80% | 2.75% |
Return on Equity (Normalized) | 8.95% | 5.45% | 5.35% |
Return on Invested Capital (Normalized) | 5.02% | 3.22% | 3.06% |
Return on Assets
8952
8954
8976
REIT - Office Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
ARE
| Alexandria Real Estate Equities Inc | Lsjkqcv | Tlcl | $20.3 Bil | |
BXP
| Boston Properties Inc | Vnljjgf | Bdkx | $9.7 Bil | |
GECFF
| Gecina Nom | — | Dkhzh | $7.4 Bil | |
NBFJF
| Nippon Building Fund Inc | — | Ztjlxh | $6.6 Bil | |
MRPRF
| Merlin Properties SOCIMI SA | — | Kplj | $5.2 Bil | |
VNO
| Vornado Realty Trust | Sfvxzszhh | Wnq | $5.0 Bil | |
DEXSF
| Dexus | — | Jtxrrz | $4.9 Bil | |
MPCMF
| Mapletree Pan Asia Commercial Trust Units Real Estate Investment Trust Reg | — | Hjpb | $4.9 Bil | |
KRC
| Kilroy Realty Corp | Xcdmqgzsf | Bbr | $3.9 Bil | |
SLG
| SL Green Realty Corp | Gjrgmjgy | Lywd | $3.3 Bil |