XJPX8956
Market cap1.14bUSD
Jan 21, Last price
117,800.00JPY
1D
-1.84%
1Q
6.14%
Jan 2017
-14.98%
Name
NTT UD REIT Investment Corp
Chart & Performance
Profile
Premier Investment Corporation (PIC) is a J-REIT (real estate investment trust) that manages a portfolio comprised of office buildings and residential properties, investing primarily in the Tokyo Economic Bloc. PIC was the sixth J-REIT listed on the Tokyo Stock Exchange (securities code: 8956) in September 2002. Since then, PIC has steadily expanded its portfolio valued at over 200 billion yen on an acquisition price basis. PIC utilizes a hedged strategy that minimizes risk by combining the strengths of office buildings and residential properties against economic cycles, as well as employing a strategic focus on the Tokyo Economic Bloc and prudent management of debt and equity financing. This approach has enabled PIC to successfully achieve steady dividends at a high level over the past fiscal periods. PIC outsources management of its assets to Premier REIT Advisors, Co., Ltd. (PRA). Both PIC and PRA are committed to realizing stable operations over the medium to long term while working to improve the quality of the owned assets.
Valuation
Title JPY in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|
2023‑10 | 2022‑10 | 2021‑10 | 2020‑10 | 2019‑10 | 2018‑10 | 2017‑10 | 2016‑10 | 2015‑10 | |
Income | |||||||||
Revenues | 24,528,569 5.69% | 23,208,140 4.51% | |||||||
Cost of revenue | 13,269,908 | 12,408,269 | |||||||
Unusual Expense (Income) | |||||||||
NOPBT | 11,258,661 | 10,799,871 | |||||||
NOPBT Margin | 45.90% | 46.53% | |||||||
Operating Taxes | 3,474 | 3,127 | |||||||
Tax Rate | 0.03% | 0.03% | |||||||
NOPAT | 11,255,187 | 10,796,744 | |||||||
Net income | 10,047,189 4.78% | 9,588,749 -1.86% | |||||||
Dividends | (8,409,456) | (9,801,537) | |||||||
Dividend yield | 4.81% | 4.80% | |||||||
Proceeds from repurchase of equity | (2,000,000) | 12,261,191 | |||||||
BB yield | 1.14% | -6.01% | |||||||
Debt | |||||||||
Debt current | 17,200,000 | 2,000,000 | |||||||
Long-term debt | 104,950,000 | 101,924,296 | |||||||
Deferred revenue | |||||||||
Other long-term liabilities | 9,358,184 | 8,470,138 | |||||||
Net debt | 95,507,825 | 77,126,347 | |||||||
Cash flow | |||||||||
Cash from operating activities | 20,782,597 | 26,065,052 | |||||||
CAPEX | (8,567,505) | (30,262,168) | |||||||
Cash from investing activities | (9,154,523) | (28,991,600) | |||||||
Cash from financing activities | (12,209,456) | 1,909,654 | |||||||
FCF | (2,900,468) | 13,646,187 | |||||||
Balance | |||||||||
Cash | 6,607,000 | 6,762,774 | |||||||
Long term investments | 20,035,175 | 20,035,175 | |||||||
Excess cash | 25,415,747 | 25,637,542 | |||||||
Stockholders' equity | 139,289,182 | 137,656,006 | |||||||
Invested Capital | 245,381,619 | 224,027,588 | |||||||
ROIC | 4.80% | 4.71% | |||||||
ROCE | 4.16% | 4.33% | |||||||
EV | |||||||||
Common stock shares outstanding | 1,402 | 1,402 | |||||||
Price | 124,700.00 -14.35% | 145,600.00 -3.83% | |||||||
Market cap | 174,783,884 -14.35% | 204,078,056 2.35% | |||||||
EV | 270,291,710 | 281,204,403 | |||||||
EBITDA | 14,407,986 | 13,984,288 | |||||||
EV/EBITDA | 18.76 | 20.11 | |||||||
Interest | 865,825 | 844,043 | |||||||
Interest/NOPBT | 7.69% | 7.82% |