Valuation Starts Proceed Investment Corporation

Stocks

Market Closed - Japan Exchange Other stock markets 02:30:00 2026-07-03 EDT			5-day change	1st Jan Change
187,400.00 ^JPY	+0.64%		-0.90%	-7.09%

06-15	Starts Proceed Investment's Net Income Slips in Half-Year Ended April	MT
06-15	Starts Proceed Investment Corporation Revises Earnings Guidance for the Fiscal Period from May 1, 2026, to October 31, 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: April	2020	2021	2022	2023	2024	2025
Market Cap ¹	46,543	57,709	59,130	65,111	58,473	46,308
Change	-	23.99%	2.46%	10.11%	-10.2%	-20.8%
Enterprise Value (EV) ¹	91,110	101,966	102,666	115,959	113,212	97,386
Change	-	11.92%	0.69%	12.95%	-2.37%	-13.98%
P/E	16.4x	22.4x	25.1x	22.8x	22.2x	17.3x
PBR	1.07x	1.33x	1.36x	1.32x	1.19x	0.98x
PEG	-	-2.44x	-2.94x	2.49x	-2.72x	3.41x
Capitalization / Revenue	6.89x	8.86x	9.43x	9.71x	8.18x	6.39x
EV / Revenue	13.5x	15.7x	16.4x	17.3x	15.8x	13.4x
EV / EBITDA	20.3x	24x	26x	27.4x	25.7x	21.7x
EV / EBIT	28.1x	34.6x	38.7x	40.2x	36.9x	31.7x
EV / FCF	-67.5x	-57.2x	-	78.1x	36.9x	32.6x
FCF Yield	-1.48%	-1.75%	-	1.28%	2.71%	3.07%
Dividend per Share ²	-	-	9,281	11,638	9,985	10,720
Rate of return	-	-	3.98%	5.05%	4.82%	6.33%
EPS ²	11,171	10,147	9,281	10,130	9,304	9,776
Distribution rate	-	-	100%	115%	107%	110%
Net sales ¹	6,759	6,512	6,271	6,709	7,145	7,242
EBITDA ¹	4,493	4,249	3,948	4,225	4,405	4,480
EBIT ¹	3,239	2,946	2,654	2,884	3,065	3,072
Net income ¹	2,835	2,575	2,355	2,716	2,628	2,761
Net Debt ¹	44,567	44,257	43,536	50,848	54,740	51,078
Reference price ²	183,400.00	227,400.00	233,000.00	230,500.00	207,000.00	169,400.00
Nbr of stocks (in thousands)	254	254	254	282	282	273
Announcement Date	7/27/20	7/27/21	7/25/22	7/24/23	7/29/24	7/25/25

¹JPY in Million²JPY

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
STARTS PROCEED INVESTMENT CORPORATION	-	-	-	-	317M
AVALONBAY COMMUNITIES, INC.	34.48x	11.8x	19.33x	3.68%	27.48B
EQUITY RESIDENTIAL	50.99x	10.87x	18.22x	4.03%	26.17B
ESSEX PROPERTY TRUST, INC.	49.21x	13.36x	20.08x	3.5%	19.17B
INVITATION HOMES INC.	39.84x	9.26x	17.18x	3.94%	18.14B
MID-AMERICA APARTMENT COMMUNITIES, INC.	41.94x	9.98x	17.85x	4.32%	16.55B
SUN COMMUNITIES, INC.	55.48x	8.16x	18.7x	3.6%	15.24B
UDR, INC.	47.91x	11.17x	17.97x	4.23%	13.35B
EQUITY LIFESTYLE PROPERTIES, INC.	32.82x	10.23x	21.08x	3.25%	12.85B
AMERICAN HOMES 4 RENT	45.29x	9.22x	17.35x	3.85%	12.29B
Average	44.22x	10.45x	18.64x	3.82%	16.15B
Weighted average by Cap.	44.07x	10.65x	18.66x	3.83%