Financials Takara Leben Real Estate Investment Corporation

Equities

3492

JP3048750008

Diversified REITs

Market Closed - Japan Exchange 11:30:00 17/05/2024 am IST 5-day change 1st Jan Change
1,01,800 JPY -0.20% Intraday chart for Takara Leben Real Estate Investment Corporation -1.36% +0.99%

Valuation

Fiscal Period: August 2018 2019 2020 2021 2022 2023
Capitalization 1 - 41,080 39,266 52,124 61,582 66,506
Enterprise Value (EV) 1 - 70,979 78,269 92,066 1,16,413 1,28,989
P/E ratio 103 x 14.7 x 12.6 x 17.1 x 17.5 x 17.9 x
Yield - - - 5.55% 5.72% -
Capitalization / Revenue - 8.14 x 6.74 x 8.78 x 8.13 x 8.87 x
EV / Revenue - 14.1 x 13.4 x 15.5 x 15.4 x 17.2 x
EV / EBITDA - 19.8 x 18.6 x 21.8 x 21 x 24 x
EV / FCF - - -17,32,445 x 4,76,73,370 x 3,46,51,861 x -
FCF Yield - - -0% 0% 0% -
Price to Book 0.98 x 1.23 x 0.84 x 1.11 x 1.04 x 0.94 x
Nbr of stocks (in thousands) - 346 463 463 575 691
Reference price 2 91,200 1,18,900 84,900 1,12,700 1,07,100 96,200
Announcement Date 27/11/18 27/11/19 27/11/20 18/01/22 25/11/22 28/11/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: August 2018 2019 2020 2021 2022 2023
Net sales 1 377 5,045 5,825 5,936 7,576 7,499
EBITDA 1 283 3,584 4,200 4,230 5,544 5,382
EBIT 1 201 3,072 3,528 3,570 4,669 4,351
Operating Margin 53.32% 60.88% 60.57% 60.14% 61.64% 58.02%
Earnings before Tax (EBT) 1 34 2,793 3,106 3,122 3,534 3,629
Net income 1 33 2,791 3,105 3,040 3,528 3,578
Net margin 8.75% 55.32% 53.31% 51.22% 46.57% 47.71%
EPS 2 883.5 8,078 6,719 6,574 6,136 5,383
Free Cash Flow - - -45,178 1,931 3,359 -
FCF margin - - -775.55% 32.53% 44.34% -
FCF Conversion (EBITDA) - - - 45.65% 60.6% -
FCF Conversion (Net income) - - - 63.52% 95.22% -
Dividend per Share - - - 6,256 6,128 -
Announcement Date 27/11/18 27/11/19 27/11/20 18/01/22 25/11/22 28/11/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period:
Estimates

Balance Sheet Analysis

Fiscal Period: August 2018 2019 2020 2021 2022 2023
Net Debt 1 33,869 29,899 39,003 39,942 54,830 62,483
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 119.7 x 8.342 x 9.285 x 9.442 x 9.89 x 11.61 x
Free Cash Flow - - -45,179 1,931 3,359 -
ROE (net income / shareholders' equity) - 8.52% 7.76% 6.51% 6.65% 5.52%
ROA (Net income/ Total Assets) - 2.7% 2.64% 2.36% 2.69% 2.05%
Assets 1 - 1,03,447 1,17,728 1,28,608 1,30,920 1,74,263
Book Value Per Share 2 92,654 97,036 1,00,657 1,01,157 1,03,053 1,01,828
Cash Flow per Share 2 2,116 17,601 9,507 7,477 5,991 6,751
Capex 1 65,047 3,153 901 656 28,899 12,075
Capex / Sales 17,253.85% 62.49% 15.47% 11.05% 381.46% 161.03%
Announcement Date 27/11/18 27/11/19 27/11/20 18/01/22 25/11/22 28/11/23
1JPY in Million2JPY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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