Financials One REIT, Inc.

Equities

3290

JP3047640002

Commercial REITs

Market Closed - Japan Exchange 02:00:00 2024-06-19 EDT 5-day change 1st Jan Change
256,900 JPY +0.51% Intraday chart for One REIT, Inc. +1.26% -3.13%

Valuation

Fiscal Period: February 2019 2020 2021 2022 2023 2024
Capitalization 1 65,711 78,690 68,710 76,755 64,432 68,352
Enterprise Value (EV) 1 113,206 126,300 119,251 134,396 126,287 129,936
P/E ratio 19.4 x 20.5 x 13.2 x 19.8 x 17.3 x 18.8 x
Yield - - - 5.2% 5.82% -
Capitalization / Revenue 8.12 x 9.44 x 7.03 x 8.62 x 7.07 x 7.42 x
EV / Revenue 14 x 15.2 x 12.2 x 15.1 x 13.9 x 14.1 x
EV / EBITDA 23 x 23.5 x 17.6 x 24.1 x 23.1 x 23.6 x
EV / FCF 86.6 x 54.1 x -5.88 x 45.6 x 34.4 x -
FCF Yield 1.15% 1.85% -17% 2.19% 2.91% -
Price to Book 1.24 x 1.48 x 1.29 x 1.25 x 1.05 x 1.12 x
Nbr of stocks (in thousands) 240 240 240 268 268 268
Reference price 2 273,900 328,000 286,400 285,900 240,000 254,600
Announcement Date 19-11-28 20-11-27 21-11-29 22-11-29 23-07-07 24-05-30
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: February 2019 2020 2021 2022 2023 2024
Net sales 1 8,092 8,334 9,778 8,900 9,115 9,211
EBITDA 1 4,930 5,374 6,782 5,576 5,477 5,494
EBIT 1 3,914 4,362 5,756 4,446 4,319 4,280
Operating Margin 48.37% 52.34% 58.87% 49.95% 47.39% 46.46%
Earnings before Tax (EBT) 1 3,392 3,834 5,224 3,850 3,721 3,628
Net income 1 3,392 3,834 5,224 3,849 3,719 3,627
Net margin 41.92% 46% 53.43% 43.25% 40.8% 39.38%
EPS 2 14,139 15,981 21,775 14,431 13,854 13,511
Free Cash Flow 1 1,306 2,334 -20,293 2,946 3,672 -
FCF margin 16.15% 28% -207.54% 33.1% 40.28% -
FCF Conversion (EBITDA) 26.5% 43.43% - 52.84% 67.04% -
FCF Conversion (Net income) 38.52% 60.87% - 76.54% 98.72% -
Dividend per Share - - - 14,872 13,962 -
Announcement Date 19-11-28 20-11-27 21-11-29 22-11-29 23-07-07 24-05-30
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: February 2020 S2 2021 S1 2021 S2 2022 S1 2022 S2 2023 S1 2023 S2 2024 S1 2025 S1
Net sales 1 4,167 4,061 4,889 4,384 4,517 4,598 4,636 4,575 4,620
EBITDA - - - - - - - - -
EBIT 1 2,181 1,274 2,878 2,262 2,185 2,135 2,148 2,132 2,105
Operating Margin 52.34% 31.38% 58.87% 51.6% 48.37% 46.43% 46.32% 46.59% 45.56%
Earnings before Tax (EBT) - 1,023 2,614 1,968 1,883 1,838 1,832 1,797 -
Net income 1 1,917 1,022 2,613 1,967 1,882 1,837 1,831 1,796 1,724
Net margin 46% 25.17% 53.44% 44.87% 41.68% 39.95% 39.5% 39.26% 37.32%
EPS 2 - 4,260 10,890 7,423 7,011 6,842 6,821 6,691 6,421
Dividend per Share 2 - 7,605 7,546 7,326 7,120 6,842 6,821 6,691 6,421
Announcement Date 20-10-15 21-04-14 21-10-15 22-05-31 22-10-17 23-04-14 23-10-16 24-04-15 -
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: February 2019 2020 2021 2022 2023 2024
Net Debt 1 47,495 47,610 50,541 57,641 61,855 61,584
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 9.634 x 8.859 x 7.452 x 10.34 x 11.29 x 11.21 x
Free Cash Flow 1 1,307 2,334 -20,293 2,946 3,672 -
ROE (net income / shareholders' equity) 7.17% 7.21% 9.82% 6.73% 6.07% 5.93%
ROA (Net income/ Total Assets) 2.46% 2.45% 3.2% 2.27% 2.04% 1.99%
Assets 1 137,813 156,675 163,352 169,424 182,542 182,490
Book Value Per Share 2 221,085 222,014 221,568 229,592 227,825 227,673
Cash Flow per Share 2 17,519 13,397 13,059 14,746 13,556 14,564
Capex 1 794 910 24,386 507 302 688
Capex / Sales 9.81% 10.92% 249.4% 5.7% 3.31% 7.47%
Announcement Date 19-11-28 20-11-27 21-11-29 22-11-29 23-11-29 24-05-30
1JPY in Million2JPY
Estimates
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