Stock 3287 HOSHINO RESORTS REIT, INC.
Add to a list
To use this feature you must be a member
Log inSign up

Financials Hoshino Resorts REIT, Inc.

Equities

3287

JP3047610005

Specialized REITs

Market Closed - Japan Exchange
Other stock markets
 02:00:00 2024-04-30 am EDT 		5-day change 1st Jan Change
553,000 JPY -1.07% Intraday chart for Hoshino Resorts REIT, Inc. -0.36% -2.30%
Apr. 04 Hoshino Resorts Group Ups Stake in Hoshino Resort REIT to 4.78% MT
Mar. 21 Hoshino Resorts REIT, Greens Enter Building Lease Agreement MT

Valuation

Fiscal Period: October 2018 2019 2020 2021 2022 2023
Capitalization 1 117,587 130,899 109,156 167,149 180,424 151,801
Enterprise Value (EV) 1 159,091 181,585 165,831 226,805 243,803 224,343
P/E ratio 21.1 x 22.6 x 18.8 x 57.7 x 46.8 x 33.6 x
Yield - - - - 2.11% -
Capitalization / Revenue 10.4 x 10.9 x 8.96 x 17.7 x 15.9 x 12 x
EV / Revenue 14 x 15.1 x 13.6 x 24 x 21.5 x 17.7 x
EV / EBITDA 18.5 x 20.1 x 17.9 x 35.2 x 31.2 x 25.5 x
EV / FCF - -11,848,332 x -21,855,829 x 638,437,706 x 133,850,912 x -
FCF Yield - -0% -0% 0% 0% -
Price to Book 1.11 x 1.24 x 1.03 x 1.57 x 1.43 x 1.2 x
Nbr of stocks (in thousands) 222 222 222 225 256 256
Reference price 2 530,000 590,000 492,000 743,000 706,000 594,000
Announcement Date 1/30/19 1/27/20 1/25/21 1/27/22 1/28/23 1/26/24
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: October 2018 2019 2020 2021 2022 2023
Net sales 1 11,342 12,010 12,179 9,431 11,321 12,701
EBITDA 1 8,597 9,054 9,255 6,438 7,803 8,790
EBIT 1 6,285 6,574 6,639 3,663 4,679 5,397
Operating Margin 55.41% 54.73% 54.51% 38.84% 41.33% 42.49%
Earnings before Tax (EBT) 1 5,465 5,801 5,805 2,878 3,731 4,525
Net income 1 5,464 5,800 5,804 2,876 3,727 4,522
Net margin 48.17% 48.3% 47.66% 30.49% 32.92% 35.6%
EPS 2 25,163 26,145 26,161 12,888 15,090 17,695
Free Cash Flow - -15,326 -7,588 355.2 1,821 -
FCF margin - -127.6% -62.3% 3.77% 16.09% -
FCF Conversion (EBITDA) - - - 5.52% 23.34% -
FCF Conversion (Net income) - - - 12.35% 48.88% -
Dividend per Share - - - - 14,876 -
Announcement Date 1/30/19 1/27/20 1/25/21 1/27/22 1/28/23 1/26/24
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: October 2019 S2 2020 S1 2020 S2 2021 S1 2021 S2 2022 S1 2022 S2 2023 S1 2023 S2 2024 Q2 2024 S1 2024 S2 2025 S1 2025 S2 2026 S1
Net sales 5,924 6,087 6,158 6,021 4,591 4,840 5,438 5,883 6,266 - 6,436 6,592 6,632 6,813 7,268
EBITDA 4,441 4,613 4,693 4,560 3,160 - 3,725 4,062 4,227 - 4,468 4,561 4,634 4,630 -
EBIT 3,244 3,330 3,399 3,238 1,817 1,846 2,201 2,463 2,628 - 2,741 2,795 2,860 2,977 3,431
Operating Margin 54.75% 54.71% 55.2% 53.78% 39.57% 38.13% 40.46% 41.87% 41.93% - 42.59% 42.4% 43.12% 43.7% 47.21%
Earnings before Tax (EBT) 2,879 2,924 2,952 2,854 1,467 1,412 1,764 1,967 2,142 - 2,186 2,239 2,255 2,368 2,804
Net income 2,878 2,923 2,951 2,853 1,466 1,411 1,762 1,965 2,338 - 2,185 2,238 2,254 2,367 2,803
Net margin 48.59% 48.02% 47.92% 47.38% 31.93% 29.14% 32.39% 33.4% 37.31% - 33.94% 33.96% 33.99% 34.75% 38.56%
EPS 1 12,974 13,173 13,301 12,860 6,608 6,284 7,282 7,796 9,149 18,204 8,548 8,758 8,821 9,263 10,968
Dividend per Share 12,974 13,173 13,302 12,860 6,406 6,344 7,195 7,681 8,385 - 8,557 8,761 8,824 9,263 10,968
Announcement Date 6/14/19 12/16/19 6/15/20 12/15/20 6/15/21 12/15/21 6/15/22 12/15/22 6/15/23 - 12/18/23 - - - -
1JPY
Estimates

Balance Sheet Analysis

Fiscal Period: October 2018 2019 2020 2021 2022 2023
Net Debt 1 41,504 50,686 56,675 59,656 63,379 72,542
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 4.827 x 5.598 x 6.124 x 9.266 x 8.123 x 8.253 x
Free Cash Flow - -15,326 -7,588 355 1,821 -
ROE (net income / shareholders' equity) 5.9% 5.49% 5.5% 2.72% 3.21% 3.59%
ROA (Net income/ Total Assets) 2.7% 2.44% 2.36% 1.28% 1.52% 1.6%
Assets 1 202,181 237,666 246,055 225,221 245,732 282,885
Book Value Per Share 2 475,868 476,242 475,931 471,882 492,414 494,044
Cash Flow per Share 2 50,419 49,887 50,360 39,233 43,852 46,001
Capex 1 998 958 1,123 11,327 24,384 8,757
Capex / Sales 8.8% 7.98% 9.22% 120.1% 215.39% 68.95%
Announcement Date 1/30/19 1/27/20 1/25/21 1/27/22 1/28/23 1/26/24
1JPY in Million2JPY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Quarterly earnings - Rate of surprise

Company calendar

Sector Hospitality REITs

1st Jan change Capi.
HOSHINO RESORTS REIT, INC. Stock Hoshino Resorts REIT, Inc.
-2.30% 912M
VICI PROPERTIES, INC. Stock VICI Properties, Inc.
-8.88% 30.3B
HOST HOTELS & RESORTS, INC. Stock Host Hotels & Resorts, Inc.
-1.44% 13.5B
GAMING AND LEISURE PROPERTIES, INC. Stock Gaming and Leisure Properties, Inc.
-12.46% 11.73B
RYMAN HOSPITALITY PROPERTIES, INC. Stock Ryman Hospitality Properties, Inc.
-2.66% 6.34B
APPLE HOSPITALITY REIT, INC. Stock Apple Hospitality REIT, Inc.
-9.21% 3.65B
PARK HOTELS & RESORTS INC. Stock Park Hotels & Resorts Inc.
+8.95% 3.51B
CAPITALAND ASCOTT TRUST Stock CapitaLand Ascott Trust
-8.08% 2.53B
JAPAN HOTEL REIT INVESTMENT CORPORATION Stock Japan Hotel REIT Investment Corporation
+19.94% 2.45B
COVIVIO HOTELS Stock Covivio Hotels
-8.54% 2.34B
Hospitality REITs
  1. Stock Market
  2. Equities
  3. 3287 Stock
  4. Financials Hoshino Resorts REIT, Inc.