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1 Comment
NIPPON REIT Investment Corporation is currently in a long term uptrend where the price is trading 13.0% above its 200 day moving average.
From a valuation standpoint, the stock is 112.9% more expensive than other stocks from the Real Estate sector with a price to sales ratio of 10.3.
NIPPON REIT Investment Corporation's total revenue sank by 0.0% to $4B since the same quarter in the previous year.
Its net income has dropped by 0.0% to $2B since the same quarter in the previous year.
Finally, its free cash flow grew by 218.2% to $7B since the same quarter in the previous year.
Based on the above factors, NIPPON REIT Investment Corporation gets an overall score of 2/5.
ISIN | JP3047750009 |
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Sector | Real Estate |
Industry | REIT - Diversified |
Exchange | TSE |
CurrencyCode | JPY |
Target Price | 93875 |
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PE Ratio | 17.11 |
Market Cap | 162B |
Dividend Yield | 5.2% |
Beta | 0.31 |
NIPPON REIT was established on September 8, 2010, by Polaris Investment Advisors K.K. (now SBI REIT Advisors Co., Ltd., hereafter referred to as the "Asset Management Company") as the founder under the Act on Investment Trusts and Investment Corporations (Act No.198 of 1951, as amended). Registration with the Kanto Local Finance Bureau was completed on October 26, 2010 (registration number 72, filed with the Director of the Kanto Local Finance Bureau). NIPPON REIT issued new investment units through a public offering (144,200 units) on April 23, 2014, as the payment date and was listed on the J-REIT section of the Tokyo Stock Exchange (securities code: 3296) on April 24, 2014. Furthermore, NIPPON REIT issued investment units through public offerings in February 2015, July 2015 and July 2018 and third-party allotments in March 2015, July 2015 and July 2018 and cancelled treasury investment units in December 2024, and the total number of investment units issued and outstanding as of the end of the current period (December 31, 2024) is 442,095 units.
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