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Star Asia Investment Corporation is currently in a long term uptrend where the price is trading 24.7% above its 200 day moving average.
From a valuation standpoint, the stock is 75.7% more expensive than other stocks from the Real Estate sector with a price to sales ratio of 8.5.
Star Asia Investment Corporation's total revenue sank by 0.0% to $2B since the same quarter in the previous year.
Its net income has dropped by 0.0% to $747M since the same quarter in the previous year.
Finally, its free cash flow grew by 520.1% to $5B since the same quarter in the previous year.
Based on the above factors, Star Asia Investment Corporation gets an overall score of 2/5.
Exchange | TSE |
---|---|
CurrencyCode | JPY |
Industry | REIT - Diversified |
ISIN | JP3048200004 |
Sector | Real Estate |
Dividend Yield | 6.1% |
---|---|
Beta | 0.19 |
Market Cap | 146B |
PE Ratio | 16.67 |
Target Price | 60500 |
Star Asia Investment Corporation was listed on the Tokyo Stock Exchange Real Estate Investment Trust Market on April 20, 2016. After that, in August 2020, Sakura Sogo REIT Investment Corporation was absorbed and merged to expand the asset scale. The Investment Corporation outsources its management to Star Asia Investment Corporation, which has members with abundant experience and achievements in the real estate financial market, and invests in offices, commercial facilities, housing, logistics facilities, hotels and student residences. As a comprehensive REIT, we aim to maximize the profits of our investors by building a portfolio that can simultaneously capture the stability and growth potential of earnings. In addition, the Star Asia Group, which is the sponsor of the Investment Corporation, provides institutional investors, mainly in the United States, with opportunities to invest mainly in Japanese real estate-related assets, accumulates a track record, and acts as an independent fund manager. Based on the philosophy of putting the interests of investors first, we have acquired excellent investment opportunities by making full use of multifaceted approaches and agile investment methods.
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