Financials Japan Logistics Fund, Inc.

Equities

8967

JP3046230003

Commercial REITs

Delayed Japan Exchange 11:30:00 2024-05-16 pm EDT 5-day change 1st Jan Change
276,700 JPY -0.82% Intraday chart for Japan Logistics Fund, Inc. -0.04% -3.11%

Valuation

Fiscal Period: January 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 265,548 283,288 287,813 276,557 253,895 259,665 - -
Enterprise Value (EV) 1 380,296 383,636 388,809 383,259 253,895 360,266 360,534 357,263
P/E ratio 30.1 x 20.4 x 34.6 x 29 x 26.3 x 25 x 25.7 x 25.1 x
Yield 3.32% 4.67% 3.04% 3.44% - 3.93% 3.94% 4.03%
Capitalization / Revenue 14.1 x 11.7 x 15.6 x 14 x 12.5 x 13.2 x 13.2 x 12.9 x
EV / Revenue 20.2 x 15.9 x 21.1 x 19.4 x 12.5 x 18.3 x 18.3 x 17.8 x
EV / EBITDA 27.9 x 20.8 x 30.2 x 26.9 x 17.7 x 24.6 x 24.4 x 23.6 x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 1.98 x 2.1 x 2.14 x 1.93 x - 1.82 x 1.82 x 1.82 x
Nbr of stocks (in thousands) 905 905 905 934 931 930.7 - -
Reference price 2 293,400 313,000 318,000 296,100 272,800 279,000 279,000 279,000
Announcement Date 3/13/20 3/17/21 3/16/22 3/14/23 3/15/24 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: January 2020 2021 2022 2023 2024 2025 2026 2027
Net sales 1 18,873 24,156 18,424 19,769 20,287 19,644 19,694 20,083
EBITDA 1 13,615 18,485 12,894 14,242 14,327 14,669 14,763 15,156
EBIT 1 9,613 14,665 9,122 10,414 10,540 11,018 11,037 11,334
Operating Margin 50.93% 60.71% 49.51% 52.68% 51.96% 56.09% 56.04% 56.43%
Earnings before Tax (EBT) 1 8,812 13,875 8,324 - - 10,364 10,272 10,496
Net income 1 8,810 13,873 8,321 9,518 9,672 10,376 10,117 10,360
Net margin 46.68% 57.43% 45.17% 48.14% 47.68% 52.82% 51.37% 51.59%
EPS 2 9,733 15,327 9,194 10,206 10,359 11,149 10,871 11,132
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 9,734 14,630 9,671 10,190 - 10,957 10,998 11,252
Announcement Date 3/13/20 3/17/21 3/16/22 3/14/23 3/15/24 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: January 2020 S2 2021 S1 2021 S2 2022 S1 2022 S2 2023 S1 2023 S2 2024 S1 2024 S2 2025 S1 2025 S2 2026 S1 2026 S2 2027 S1
Net sales 1 9,682 15,036 9,120 9,155 9,269 9,613 10,156 10,139 10,148 10,782 10,313 10,428 10,466 10,543
EBITDA 6,992 12,083 6,402 6,205 6,689 6,970 7,271 7,139 - - - - - -
EBIT 1 4,961 10,151 4,514 4,302 4,820 5,090 5,324 5,239 5,302 5,776 5,342 5,447 5,484 5,536
Operating Margin 51.24% 67.51% 49.5% 46.99% 52% 52.95% 52.42% 51.67% 52.24% 53.57% 51.8% 52.24% 52.4% 52.51%
Earnings before Tax (EBT) 1 4,556 9,754 4,120 3,914 4,410 4,629 4,891 4,812 4,862 5,356 4,936 5,002 5,034 5,080
Net income 1 4,555 9,753 4,120 3,913 4,408 4,628 4,890 4,811 4,861 5,342 4,903 5,002 5,034 5,080
Net margin 47.05% 64.86% 45.18% 42.75% 47.56% 48.14% 48.15% 47.45% 47.9% 49.55% 47.54% 47.96% 48.1% 48.18%
EPS 2 5,033 10,775 4,552 4,323 4,871 4,971 5,235 5,150 5,209 5,740 5,268 5,374 5,409 5,458
Dividend per Share 2 5,034 9,830 4,800 4,800 4,871 4,955 5,235 5,151 - 5,334 5,376 5,428 5,462 5,512
Announcement Date 3/13/20 9/14/20 3/17/21 9/14/21 3/16/22 9/13/22 3/14/23 9/13/23 3/15/24 - - - - -
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: January 2020 2021 2022 2023 2024 2025 2026 2027
Net Debt 1 114,747 100,348 100,995 106,701 - 100,600 100,869 97,597
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 8.428 x 5.429 x 7.833 x 7.492 x - 6.858 x 6.833 x 6.439 x
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 6.56% 10.3% 6.18% 6.85% - 7.05% 7.03% 7.21%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 148,487 148,950 148,631 153,562 - 153,247 153,297 153,339
Cash Flow per Share - - - - - - - -
Capex 1 14,591 5,265 5,601 18,649 - 8,364 6,033 6,052
Capex / Sales 77.31% 21.8% 30.4% 94.33% - 42.58% 30.63% 30.13%
Announcement Date 3/13/20 3/17/21 3/16/22 3/14/23 3/15/24 - - -
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

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