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SANKEI REAL ESTATE Inc is currently in a long term uptrend where the price is trading 22.1% above its 200 day moving average.
From a valuation standpoint, the stock is 123.3% more expensive than other stocks from the Real Estate sector with a price to sales ratio of 10.8.
Based on the above factors, SANKEI REAL ESTATE Inc gets an overall score of 1/5.
Exchange | TSE |
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CurrencyCode | JPY |
ISIN | JP3048880003 |
Sector | Real Estate |
Industry | REIT - Office |
Target Price | 90000 |
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Beta | 0.26 |
Dividend Yield | 5.3% |
Market Cap | 41B |
PE Ratio | 18.34 |
Sankei Real Estate Investment Corporation was listed on the Tokyo Stock Exchange Real Estate Investment Trust Securities Market (J-REIT Market) on March 12, 2019 (Securities Code: 2972 ""/ Brand Abbreviation: Sankei RE). The Investment Corporation will invest mainly in metropolitan areas (Tokyo area, Osaka city, Nagoya city), mainly for office buildings, which is a typical use of the Japanese real estate (securitization) market. In addition, it has different characteristics from office buildings and contributes to the stability of portfolio profits, with the aim of building a strong portfolio that has both stable profits and growth potential that can respond to the cyclical real estate market. We position the usage as a sub-asset as a general term, and invest in a certain percentage as a secondary investment target.
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