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
- ¥293,900.00
- Day Range
- ¥291,200.00–295,900.00
- 52-Week Range
- ¥288,500.00–391,000.00
- Bid/Ask
- ¥294,500.00 / ¥294,700.00
- Shares Outstanding
- 934,745.00
- Market Cap
- ¥275.56B
- Volume/Avg
- 905 / 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
- —
- Website
- https://www.daiwa-office.co.jp
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
REIT - Office Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| BXP Inc
BXP
| LOCK|VZrx>B | LOCK|X@ | $9B | |||
| Merlin Properties SOCIMI SA ADR
MPTYY
| — | LOCK|g% | $8B | |||
| Merlin Properties SOCIMI SA
MRPRF
| — | LOCK|^% | $8B | |||
| Alexandria Real Estate Equities Inc
ARE
| LOCK|WgcZW^C | LOCK|&TG | $7B | |||
| Nippon Building Fund Inc
NBFJF
| — | LOCK|#DT< | $7B | |||
| Vornado Realty Trust
VNO
| LOCK|XXG>?B | LOCK|n! | $6B | |||
| Gecina Nom
GECFF
| — | LOCK|J@@ | $5B | |||
| Japan Real Estate Investment Corp
JREIF
| — | LOCK|^n | $5B | |||
| Kilroy Realty Corp
KRC
| LOCK|W^SM>J#@ | LOCK|c$ | $4B | |||
| SL Green Realty Corp
SLG
| LOCK|h$$<%Y | LOCK|Bv | $3B |