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1 Comment
GLP J-REIT is currently in a long term uptrend where the price is trading 11.1% above its 200 day moving average.
From a valuation standpoint, the stock is 280.4% more expensive than other stocks from the Real Estate sector with a price to sales ratio of 18.4.
GLP J-REIT's total revenue sank by 0.0% to $10B since the same quarter in the previous year.
Its net income has dropped by 0.0% to $5B since the same quarter in the previous year.
Finally, its free cash flow fell by 19.0% to $7B since the same quarter in the previous year.
Based on the above factors, GLP J-REIT gets an overall score of 1/5.
ISIN | JP3047510007 |
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Exchange | TSE |
CurrencyCode | JPY |
Sector | Real Estate |
Industry | REIT - Industrial |
PE Ratio | 20.77 |
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Target Price | 158925 |
Beta | 0.36 |
Market Cap | 603B |
Dividend Yield | 5.4% |
GLP J-REIT is a Japanese real estate investment corporation specializing in modern logistics facilities in Japan. GLP J-REIT was established on September 16, 2011 under the Act on Investment Trusts and Investment Corporations of Japan (hereinafter the Investment Trust Act of Japan). GLP J-REIT is externally managed by a licensed asset management company, GLP Japan Advisors Inc. (hereinafter Asset Manager) which operates with support of GLP Capital Partners Japan Inc. (a 100% shareholder of the Asset Manager) based on the Sponsor Support Agreement. Since its initial public offering on December 20, 2012, GLP J-REIT has, on a number of occasions, issued units through public offering or through allocation to a third party. Those units are listed on the J-REIT section of the Tokyo Stock Exchange. As of August 31, 2023, GLP J-REIT held beneficiary rights of real estate in trust with respect to 92 properties located in the Tokyo metropolitan area, the Greater Osaka area and other areas.
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