Loading...
XJPX2972
Market cap226mUSD
Jan 21, Last price  
75,600.00JPY
1D
0.00%
1Q
-5.97%
IPO
-25.44%
Name

Sankei Real Estate Inc

Chart & Performance

D1W1MN
XJPX:2972 chart
P/E
16.01
P/S
6.26
EPS
4,723.28
Div Yield, %
5.63%
Shrs. gr., 5y
Rev. gr., 5y
84.50%
Revenues
5.64b
-2.81%
1,157,082,0003,938,756,0004,324,046,0005,806,165,0005,643,271,000
Net income
2.21b
-23.04%
699,729,0001,972,232,0002,030,547,0002,866,557,0002,206,238,000
CFO
2.89b
-21.96%
201,026,0003,838,460,0001,882,655,0003,708,810,0002,894,177,000
Dividend
Feb 27, 20250 JPY/sh

Profile

SASANKEI REAL ESTATE Inc. listed on the Tokyo Stock Exchange Real Estate Investment Trust Securities Market (J-REIT market) on March 12, 2019 (TSE code: 2972; abbreviation: SANKEI REAL ESTATE). SANKEI REAL ESTATE invests mainly in major metropolitan areas (Greater Tokyo, Osaka City, and Nagoya City) by setting “office buildings,” the asset type representative of Japan's real estate (securitization) market, as the primary investment target, while setting “sub assets” as the secondary investment target in which a fixed percentage of investments are made. “Sub assets” are asset types that possess characteristics different from “office buildings” and which contribute to building a strong portfolio that features both revenue stability and growth capable of withstanding the cyclical real estate market. Based on the investment policy, in terms of external growth, SANKEI REAL ESTATE aims to expand the scale of its assets by establishing an “asset recycling business model” with the sponsor group (the Sankei Building Group), which undertakes the “Urban Development, Hotels & Resorts” operations of media conglomerate Fuji Media Holdings, and thereby secure a pipeline of “office buildings” and “sub assets” developed and/or owned by the sponsor. In terms of internal growth, SANKEI REAL ESTATE aims to maintain and improve earnings of assets under management over the medium to long term by making maximum use of the sponsor group's platform, which covers development, operation, management and various other functions. As its basic philosophy, SANKEI REAL ESTATE aims to maximize unitholder value over the medium to long term by growing with the J-REIT market as a public entity of society that makes each and every person happy under the philosophy of “Making people, cities & society happy” through sponsorship support.
IPO date
Mar 12, 2019
Employees
Domiciled in
JP
Incorporated in
JP

Valuation

Title
JPY in thousands, except ratios and share amounts
FYFYFYFYFY
2023‑082022‑082021‑082020‑082019‑08
Income
Revenues
5,643,271
-2.81%
5,806,165
34.28%
Cost of revenue
2,962,865
2,546,604
Unusual Expense (Income)
NOPBT
2,680,406
3,259,561
NOPBT Margin
47.50%
56.14%
Operating Taxes
1,823
1,750
Tax Rate
0.07%
0.05%
NOPAT
2,678,583
3,257,811
Net income
2,206,238
-23.04%
2,866,557
41.17%
Dividends
(2,551,322)
(2,410,776)
Dividend yield
Proceeds from repurchase of equity
BB yield
Debt
Debt current
16,000,000
9,600,000
Long-term debt
41,000,000
40,600,000
Deferred revenue
Other long-term liabilities
3,691,839
4,217,652
Net debt
48,663,878
44,624,465
Cash flow
Cash from operating activities
2,894,177
3,708,810
CAPEX
(7,153,100)
(25,859,184)
Cash from investing activities
(7,684,024)
(24,948,658)
Cash from financing activities
4,248,677
22,861,346
FCF
(3,085,018)
(22,221,482)
Balance
Cash
5,687,000
5,575,535
Long term investments
2,649,122
Excess cash
8,053,958
5,285,227
Stockholders' equity
50,565,303
50,910,826
Invested Capital
103,203,184
99,870,487
ROIC
2.64%
3.74%
ROCE
2.41%
3.10%
EV
Common stock shares outstanding
467
467
Price
Market cap
EV
EBITDA
3,299,551
3,878,261
EV/EBITDA
Interest
253,976
189,195
Interest/NOPBT
9.48%
5.80%