Daiwa Office Investment Corp 8976
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 567,000.00
- Day Range
- JPY 571,000.00–578,000.00
- 52-Week Range
- JPY 549,000.00–703,000.00
- Bid/Ask
- JPY 573,000.00 / JPY 575,000.00
- Market Cap
- JPY 274.04 Bil
- Volume/Avg
- 1,275 / 1,102
Key Statistics
- Price/Earnings (Normalized)
- 22.40
- Price/Sales
- 9.55
- Dividend Yield (Trailing)
- 4.81%
- Dividend Yield (Forward)
- 4.81%
- Total Yield
- 5.88%
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
- Mid Core
- Total Number of Employees
- —
- Website
- https://www.daiwa-office.co.jp
Comparables
Valuation
|
Metric
|
8976
|
8952
|
8954
|
|---|---|---|---|
Price/Earnings (Normalized) | 22.40 | 22.64 | 22.60 |
Price/Book Value | — | 1.42 | 1.33 |
Price/Sales | 9.55 | 10.04 | 8.50 |
Price/Cash Flow | 16.05 | 12.78 | 8.37 |
Price/Earnings
8976
8952
8954
Financial Strength
|
Metric
|
8976
|
8952
|
8954
|
|---|---|---|---|
Quick Ratio | 0.71 | 0.28 | 0.96 |
Current Ratio | 0.83 | 0.35 | 1.14 |
Interest Coverage | 16.26 | 20.35 | 12.72 |
Quick Ratio
8976
8952
8954
Profitability
|
Metric
|
8976
|
8952
|
8954
|
|---|---|---|---|
Return on Assets (Normalized) | 2.75% | 4.53% | 2.80% |
Return on Equity (Normalized) | 5.35% | 8.95% | 5.45% |
Return on Invested Capital (Normalized) | 3.06% | 5.02% | 3.22% |
Return on Assets
8976
8952
8954
REIT - Office Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
ARE
| Alexandria Real Estate Equities Inc | Fccgbkfpn | Fpxw | $20.7 Bil | |
BXP
| Boston Properties Inc | Jwsmrxqsm | Qrqf | $9.2 Bil | |
GECFF
| Gecina Nom | — | Vcxrxpt | $7.4 Bil | |
MRPRF
| Merlin Properties SOCIMI SA | — | Kjt | $5.2 Bil | |
DEXSF
| Dexus | — | Lqdmngp | $5.0 Bil | |
VNO
| Vornado Realty Trust | Ctsdddr | Plcr | $4.9 Bil | |
MPCMF
| Mapletree Pan Asia Commercial Trust Units Real Estate Investment Trust Reg | — | Wsgr | $4.7 Bil | |
KRC
| Kilroy Realty Corp | Nphhqfnqb | Hbn | $3.9 Bil | |
CUZ
| Cousins Properties Inc | — | Sxh | $3.4 Bil | |
SLG
| SL Green Realty Corp | Cfgwcnqq | Qxdx | $3.2 Bil |