Daiwa Office Investment Corp 8976

Morningstar Rating
¥295,300.00 +1,400.00 (0.48%)
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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.

Price vs Fair Value

8976 is trading at a LOCK|V%< premium.
Price
¥293,900.00
Fair Value
LOCK|BG!N.%^
Uncertainty
LOCK|t%Pq
1-Star Price
LOCK|gMc<.$@
5-Star Price
LOCK|pMl#.v%j$
Economic Moat
LOCK|!b
Capital Allocation
—

Trading Information

Previous Close Price
¥293,900.00
Day Range
¥291,200.00–295,900.00
52-Week Range
¥288,500.00–391,000.00
Bid/Ask
¥295,200.00 / ¥295,300.00
Shares Outstanding
934,745.00
Market Cap
¥276.03B
Volume/Avg
1,010 / 2,008

Key Statistics

Price/Earnings (Normalized)
34.75
Price/Sales
8.45
Dividend Yield (Trailing)
5.32%
Dividend Yield (Forward)
4.88%
Dividend Payment Schedule
Feb, Aug
Total Yield
6.42%

Company Profile

Daiwa Office Investment Corp is a real estate investment trust focused on acquiring, managing, and leasing office properties located in the Five Central Wards of Tokyo. The vast majority of the company's real estate portfolio is composed of office buildings fairly evenly distributed between Tokyo's Five Central Wards in terms of total value. Daiwa derives nearly all of its income in the form of rental revenue from leasing its properties. The firm has a varied tenant base from a number of industries, including the entertainment, retail, insurance, and food and beverage companies.
Sector
Real Estate
Industry
REIT - Office
Stock Style Box
Small Core
Total Number of Employees
—

Valuation

Metric
8976
Price/Earnings (Normalized)
34.75
Price/Book Value
1.13
Price/Sales
8.45
Price/Cash Flow
10.87
Price/Earnings
8976

Financial Strength

Metric
8976
Quick Ratio
0.88
Current Ratio
1.03
Interest Coverage
8.33
Quick Ratio
8976

Profitability

Metric
8976
Return on Assets (Normalized)
4.36%
Return on Equity (Normalized)
8.90%
Return on Invested Capital (Normalized)
5.06%
Return on Assets
8976

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