SUMITOMO REALTY & DEVELOPMENT CO., LTD. Financials Sumitomo Realty & Development Co., Ltd.
Equities
8830
JP3409000001
Real Estate Development & Operations
|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 5,391 JPY | +1.91% |
|
-0.59% | +28.54% |
| 29/03 | Japan's Nikkei rebounds, yen stable | RE |
| 27/03 | Japanese shares rise on weaker yen, demand for high-dividend stocks | RE |
Valuation
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 21,73,490 | 12,48,831 | 18,51,207 | 16,06,179 | 14,13,285 | 25,55,002 | - | - |
| Enterprise Value (EV) 1 | 53,44,085 | 44,94,379 | 52,24,160 | 50,14,779 | 51,66,187 | 63,55,916 | 64,36,624 | 65,06,086 |
| P/E ratio | 16.6 x | 8.86 x | 13.1 x | 10.7 x | 8.73 x | 14.4 x | 13.6 x | 12.9 x |
| Yield | 0.65% | 1.33% | 1.02% | 1.33% | 1.74% | 1.09% | 1.22% | 1.36% |
| Capitalization / Revenue | 2.15 x | 1.23 x | 2.02 x | 1.71 x | 1.5 x | 2.63 x | 2.51 x | 2.44 x |
| EV / Revenue | 5.27 x | 4.43 x | 5.69 x | 5.34 x | 5.5 x | 6.55 x | 6.33 x | 6.22 x |
| EV / EBITDA | 20 x | 15.9 x | 18.9 x | 17 x | 16.9 x | 19.5 x | 18.5 x | 17.8 x |
| EV / FCF | 71 x | -113 x | -36.8 x | -295 x | -15.9 x | -135 x | -117 x | -268 x |
| FCF Yield | 1.41% | -0.89% | -2.71% | -0.34% | -6.28% | -0.74% | -0.86% | -0.37% |
| Price to Book | 1.8 x | 0.96 x | 1.23 x | 0.98 x | 0.79 x | 1.3 x | 1.21 x | 1.12 x |
| Nbr of stocks (in thousands) | 4,73,940 | 4,73,940 | 4,73,939 | 4,73,939 | 4,73,939 | 4,73,938 | - | - |
| Reference price 2 | 4,586 | 2,635 | 3,906 | 3,389 | 2,982 | 5,391 | 5,391 | 5,391 |
| Announcement Date | 16/05/19 | 14/05/20 | 13/05/21 | 12/05/22 | 11/05/23 | - | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 10,13,229 | 10,13,512 | 9,17,472 | 9,39,430 | 9,39,904 | 9,69,873 | 10,17,146 | 10,45,849 |
| EBITDA 1 | 2,66,731 | 2,83,306 | 2,77,056 | 2,94,527 | 3,05,909 | 3,25,647 | 3,47,561 | 3,64,614 |
| EBIT 1 | 2,20,419 | 2,34,332 | 2,19,244 | 2,33,882 | 2,41,274 | 2,58,016 | 2,76,274 | 2,89,547 |
| Operating Margin | 21.75% | 23.12% | 23.9% | 24.9% | 25.67% | 26.6% | 27.16% | 27.69% |
| Earnings before Tax (EBT) 1 | 1,89,588 | 2,05,809 | 2,10,359 | 2,18,653 | 2,30,336 | 2,54,405 | 2,69,658 | 2,81,034 |
| Net income 1 | 1,30,817 | 1,40,997 | 1,41,389 | 1,50,452 | 1,61,925 | 1,77,636 | 1,87,990 | 1,99,143 |
| Net margin | 12.91% | 13.91% | 15.41% | 16.02% | 17.23% | 18.32% | 18.48% | 19.04% |
| EPS 2 | 276.0 | 297.5 | 298.3 | 317.4 | 341.7 | 374.6 | 396.5 | 416.9 |
| Free Cash Flow 1 | 75,263 | -39,889 | -1,41,774 | -17,017 | -3,24,687 | -47,055 | -55,053 | -24,317 |
| FCF margin | 7.43% | -3.94% | -15.45% | -1.81% | -34.54% | -4.85% | -5.41% | -2.33% |
| FCF Conversion (EBITDA) | 28.22% | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | 57.53% | - | - | - | - | - | - | - |
| Dividend per Share 2 | 30.00 | 35.00 | 40.00 | 45.00 | 52.00 | 59.00 | 66.00 | 73.11 |
| Announcement Date | 16/05/19 | 14/05/20 | 13/05/21 | 12/05/22 | 11/05/23 | - | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 Q2 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2022 S2 | 2023 Q1 | 2023 Q2 | 2023 S1 | 2023 Q3 | 2023 Q4 | 2023 S2 | 2024 Q1 | 2024 Q2 | 2024 S1 | 2024 Q3 | 2024 Q4 | 2024 S2 | 2025 Q1 | 2025 Q2 | 2025 S1 | 2025 Q3 | 2025 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 5,79,438 | 4,34,074 | 5,15,122 | 4,02,350 | 2,30,558 | 4,80,968 | 2,32,444 | 2,26,018 | 4,58,462 | 2,43,524 | 2,31,347 | 4,74,871 | 2,24,014 | 2,41,019 | 4,65,033 | 2,53,138 | 2,52,105 | 5,05,243 | 2,21,215 | 2,43,531 | 4,73,757 | 2,53,672 | 2,53,187 | 5,20,000 | 2,41,940 | - |
| EBITDA | 1,60,730 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 1,37,573 | 96,759 | 1,32,847 | 86,397 | 65,151 | 1,36,192 | 57,576 | 40,114 | 97,690 | 73,595 | 64,387 | 1,37,982 | 58,937 | 44,355 | 1,03,292 | 78,151 | 71,624 | 1,49,775 | 54,223 | 53,129 | 1,08,425 | 70,990 | 69,692 | 1,53,000 | 67,111 | - |
| Operating Margin | 23.74% | 22.29% | 25.79% | 21.47% | 28.26% | 28.32% | 24.77% | 17.75% | 21.31% | 30.22% | 27.83% | 29.06% | 26.31% | 18.4% | 22.21% | 30.87% | 28.41% | 29.64% | 24.51% | 21.82% | 22.89% | 27.98% | 27.53% | 29.42% | 27.74% | - |
| Earnings before Tax (EBT) 1 | 1,34,941 | - | 1,40,702 | - | 59,941 | 1,31,454 | 52,831 | 34,368 | - | 75,777 | 59,898 | 1,35,675 | 59,563 | 35,098 | 94,661 | 81,888 | 69,188 | 1,51,076 | 56,798 | 47,350 | 1,06,412 | 86,000 | - | 1,55,000 | - | - |
| Net income 1 | 93,224 | 47,773 | 97,131 | 44,258 | 41,919 | 91,103 | 37,899 | 21,450 | 59,349 | 52,890 | 41,160 | 94,050 | 41,555 | 26,320 | 67,875 | 56,880 | 49,044 | 1,05,924 | 39,668 | 32,186 | 73,276 | 54,626 | 44,791 | 1,08,000 | 41,920 | - |
| Net margin | 16.09% | 11.01% | 18.86% | 11% | 18.18% | 18.94% | 16.3% | 9.49% | 12.95% | 21.72% | 17.79% | 19.81% | 18.55% | 10.92% | 14.6% | 22.47% | 19.45% | 20.96% | 17.93% | 13.22% | 15.47% | 21.53% | 17.69% | 20.77% | 17.33% | - |
| EPS 2 | 196.7 | - | 204.9 | - | 88.45 | 192.2 | 79.96 | 45.26 | - | 111.6 | 86.85 | 198.4 | 87.67 | 55.54 | - | 120.0 | 103.5 | 223.5 | 83.70 | 66.26 | - | 140.9 | 94.20 | 316.5 | 94.84 | - |
| Dividend per Share 2 | 16.00 | - | 19.00 | - | 22.00 | 22.00 | - | 23.00 | 23.00 | - | 24.00 | 24.00 | - | 28.00 | - | - | 29.00 | 29.00 | - | 29.75 | - | - | 54.50 | 32.00 | - | 54.50 |
| Announcement Date | 12/11/19 | 14/05/20 | 12/11/20 | 13/05/21 | 11/11/21 | 11/11/21 | 10/02/22 | 12/05/22 | 12/05/22 | 10/08/22 | 11/11/22 | 11/11/22 | 09/02/23 | 11/05/23 | 11/05/23 | 10/08/23 | 10/11/23 | 10/11/23 | 09/02/24 | - | - | - | - | - | - | - |
1JPY in Million2JPY
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 31,70,595 | 32,45,548 | 33,72,953 | 34,08,600 | 37,52,902 | 38,00,913 | 38,81,621 | 39,51,084 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 11.89 x | 11.46 x | 12.17 x | 11.57 x | 12.27 x | 11.67 x | 11.17 x | 10.84 x |
| Free Cash Flow 1 | 75,263 | -39,889 | -1,41,774 | -17,017 | -3,24,687 | -47,055 | -55,053 | -24,317 |
| ROE (net income / shareholders' equity) | 11.3% | 11.3% | 10.1% | 9.6% | 9.4% | 9.5% | 9.28% | 9.03% |
| ROA (Net income/ Total Assets) | 3.96% | 4.22% | 3.82% | 3.92% | 3.89% | 3.6% | 3.71% | 3.73% |
| Assets 1 | 33,02,934 | 33,39,215 | 37,01,011 | 38,36,143 | 41,64,074 | 49,37,084 | 50,69,852 | 53,36,091 |
| Book Value Per Share 2 | 2,549 | 2,732 | 3,171 | 3,448 | 3,797 | 4,134 | 4,464 | 4,809 |
| Cash Flow per Share 2 | 374.0 | 401.0 | 420.0 | 445.0 | 478.0 | 553.0 | 545.0 | 613.0 |
| Capex 1 | 1,84,794 | 2,70,347 | 3,67,721 | 1,87,826 | 4,63,751 | 2,33,689 | 2,77,067 | 2,90,200 |
| Capex / Sales | 18.24% | 26.67% | 40.08% | 19.99% | 49.34% | 24.09% | 27.24% | 27.75% |
| Announcement Date | 16/05/19 | 14/05/20 | 13/05/21 | 12/05/22 | 11/05/23 | - | - | - |
1JPY in Million2JPY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
11
Last Close Price
5,391
JPY
Average target price
5,804
JPY
Spread / Average Target
+7.65%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +28.54% | 16.23B | |
| +36.16% | 27.94B | |
| -13.91% | 26.97B | |
| +21.99% | 26.95B | |
| +2.14% | 25.32B | |
| +44.49% | 22.58B | |
| +2.78% | 19.59B | |
| +5.52% | 19.52B | |
| -14.54% | 14.98B | |
| -0.83% | 14.69B |
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- Financials Sumitomo Realty & Development Co., Ltd.
