XJPX3466
Market cap1.68bUSD
Dec 27, Last price
142,000.00JPY
1D
0.57%
1Q
-2.94%
Jan 2017
28.27%
IPO
32.96%
Name
LaSalle Logiport REIT
Chart & Performance
P/E
26.04
P/S
11.95
EPS
5,454.08
Div Yield, %
4.16%
Shrs. gr., 5y
—
Rev. gr., 5y
25.84%
Revenues
22.20b
+3.85%
Net income
10.19b
-0.53%
CFO
12.53b
-12.70%
Dividend
Feb 27, 20250 JPY/sh
Profile
LLR is a logistics focused J-REIT sponsored by the LaSalle Investment Management group. Over the past couple of years, logistics real estate and its accompanying market size has continued on its path of steady expansion. LLR intends to build a high-quality portfolio with a focus on Tokyo and Osaka, where it believes there is a stable base of demand driven from consumer logistics tenants. It aims to invest in facilities well suited and ones that cater to its tenants' needs for integrated and efficient logistics operations. The LaSalle Group is one of the world's leading real estate investment managers. Within Japan, as a pioneer in the logistics development and investment space, the LaSalle Group has a deep track record with abundant experience in this area of expertise. By leveraging off of the support received from the LaSalle Group, LLR aims to steadily accumulate achievements in internal growth strategies, external growth strategies, and financial strategies, all with the goal of pursuing a policy that enhances asset values and cash flows, for long-term stability on behalf of for its investors.
Valuation
Title JPY in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|---|
| 2023‑08 | 2022‑08 | 2021‑08 | 2020‑08 | 2019‑08 | 2018‑08 | 2017‑08 | 2016‑08 | |
| Income | ||||||||
Revenues | 22,197,994 3.85% | 21,374,146 5.75% | ||||||
Cost of revenue | 10,637,111 | 9,848,687 | ||||||
Unusual Expense (Income) | ||||||||
NOPBT | 11,560,883 | 11,525,459 | ||||||
NOPBT Margin | 52.08% | 53.92% | ||||||
Operating Taxes | 1,745 | 1,738 | ||||||
Tax Rate | 0.02% | 0.02% | ||||||
NOPAT | 11,559,138 | 11,523,721 | ||||||
Net income | 10,188,220 -0.53% | 10,242,127 2.89% | ||||||
Dividends | (11,024,330) | (11,298,468) | ||||||
Dividend yield | 4.12% | 3.68% | ||||||
Proceeds from repurchase of equity | 12,002,549 | |||||||
BB yield | -4.49% | |||||||
| Debt | ||||||||
Debt current | 19,460,000 | 15,110,000 | ||||||
Long-term debt | 151,560,000 | 145,510,000 | ||||||
Deferred revenue | ||||||||
Other long-term liabilities | 4,348,308 | 4,575,914 | ||||||
Net debt | 151,307,256 | 140,045,356 | ||||||
| Cash flow | ||||||||
Cash from operating activities | 12,530,248 | 14,353,565 | ||||||
CAPEX | (24,425,201) | (1,360,789) | ||||||
Cash from investing activities | (25,449,786) | (1,673,064) | ||||||
Cash from financing activities | 11,378,217 | (12,010,275) | ||||||
FCF | (10,745,572) | 14,417,347 | ||||||
| Balance | ||||||||
Cash | 17,951,390 | 20,060,943 | ||||||
Long term investments | 1,761,354 | 513,701 | ||||||
Excess cash | 18,602,844 | 19,505,937 | ||||||
Stockholders' equity | 225,031,296 | 213,854,479 | ||||||
Invested Capital | 381,796,760 | 359,245,364 | ||||||
ROIC | 3.12% | 3.19% | ||||||
ROCE | 2.89% | 3.04% | ||||||
| EV | ||||||||
Common stock shares outstanding | 1,798 | 1,785 | ||||||
Price | 148,700.00 -13.60% | 172,100.00 -10.36% | ||||||
Market cap | 267,329,440 -12.98% | 307,198,500 -5.26% | ||||||
EV | 418,636,696 | 447,243,856 | ||||||
EBITDA | 14,469,086 | 14,377,904 | ||||||
EV/EBITDA | 28.93 | 31.11 | ||||||
Interest | 914,633 | 877,617 | ||||||
Interest/NOPBT | 7.91% | 7.61% | ||||||