-
1 Comment
Daiwa Office 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 175.0% more expensive than other stocks from the Real Estate sector with a price to sales ratio of 13.3.
Daiwa Office Investment Corporation's total revenue sank by 0.0% to $7B since the same quarter in the previous year.
Its net income has dropped by 0.0% to $3B since the same quarter in the previous year.
Finally, its free cash flow grew by 58.7% to $6B since the same quarter in the previous year.
Based on the above factors, Daiwa Office Investment Corporation gets an overall score of 2/5.
| Sector | Real Estate |
|---|---|
| Industry | REIT - Office |
| Exchange | TSE |
| CurrencyCode | JPY |
| ISIN | JP3046310003 |
| Market Cap | 287B |
|---|---|
| PE Ratio | 21.54 |
| Target Price | 332285.72 |
| Dividend Yield | 4.5% |
| Beta | 0.2 |
Daiwa Office Investment Corporation was established on July 11, 2005, in accordance with the Act on Investment Trusts and Investment Corporations (Act No. 198 of 1951; including amendments thereto) with Daiwa Real Estate Asset Management Co., Ltd. (former name K.K. daVinci Select) (the "Asset Manager") as the organizer. After its establishment, the Investment Corporation implemented an additional issuance of investment units through a public offering (99,600 units) on October 18, 2005 and then listed on the Tokyo Stock Exchange, Inc. (TSE) Real Estate Investment Trust Section (stock code: 8976) on the following day. Though initial assets under management were 79,573 million yen (sum total of acquisition price), subsequent activities, such as additional acquisition of properties and replacement of portfolio properties, resulted in the assets under management amounting to 468,886 million yen as of the last day of May 2024. The Investment Corporation strives to secure stable revenue and sustained growth of the investment assets based on a clear portfolio development policy of specializing in investment in office buildings, with a particular focus on investment in a total floor area of more than about 2,000 m2 situated in downtown Tokyo, as well as through dedicated efforts to heighten tenant satisfaction levels.
Learn MoreHere's how to backtest a trading strategy or backtest a portfolio for 8976.TSE using our backtest tool. PyInvesting provides the backtesting software for you to backtest your investment strategy. Our backtest software is written using Python code and allows you to backtest stock, backtest etf, backtest options, backtest crypto and backtest forex online. Our backtesting Python framework is highly robust and gives you a realistic simulation of how your strategy would have performed in the past using backtest data.
© PyInvesting 2025
