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1 Comment
Mitsui Fudosan Logistics Park Inc is currently in a long term uptrend where the price is trading 13.9% above its 200 day moving average.
From a valuation standpoint, the stock is 344.5% more expensive than other stocks from the Real Estate sector with a price to sales ratio of 21.5.
Mitsui Fudosan Logistics Park Inc's total revenue sank by 0.0% to $3B since the same quarter in the previous year.
Its net income has dropped by 0.0% to $1B since the same quarter in the previous year.
Finally, its free cash flow grew by 0.1% to $-36B since the same quarter in the previous year.
Based on the above factors, Mitsui Fudosan Logistics Park Inc gets an overall score of 2/5.
Exchange | TSE |
---|---|
CurrencyCode | JPY |
ISIN | JP3048300002 |
Sector | Real Estate |
Industry | REIT - Diversified |
Market Cap | 329B |
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PE Ratio | 28.33 |
Target Price | 122875 |
Dividend Yield | 6.0% |
Beta | 0.4 |
Mitsui Fudosan Logistics Park Inc. ("MFLP-REIT"), a Japanese real estate investment corporation, was established on March 4, 2016 under the Act on Investment Trusts and Investment Corporations of Japan (Act No. 198 of 1951, including subsequent amendments; the "Investment Trust Act"), by Mitsui Fudosan Logistics REIT Management Co., Ltd. (the "Asset Management Company") as the organizer with investments in capital of ¥300 million (600 investment units). Registration with the Kanto Local Finance Bureau of the Ministry of Finance of Japan was completed on March 25, 2016. The investment units were listed on the Real Estate Investment Trust Securities Market (J-REIT section) of Tokyo Stock Exchange, Inc. on August 2, 2016 (Securities Code: 3471). MFLP-REIT started acquisition of properties on August 2, 2016. With Mitsui Fudosan Co., Ltd. ("Mitsui Fudosan") as a sponsor, MFLP-REIT invests primarily in logistics facilities with a particular focus on MFLP facilities, that is, leading-edge logistics facilities with Mitsui Fudosan quality. This focus has been chosen in light of MFLP-REIT's goal of establishing a portfolio that emphasizes location, quality and balance. As of October 31, 2024, MFLP-REIT held 30 properties with the total acquisition price of ¥399.7 billion. On November 1, 2024, MFLP-REIT conducted an absorption-type merger whereby MFLP-REIT is the surviving corporation, and Advance Logistics Investment Corporation ("ADL") is the dissolving corporation. For more information, please refer to Note 16. "Significant Subsequent Events."
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