Valuation Mitsubishi Estate Co., Ltd.

Equities

8802

JP3899600005

Real Estate Development & Operations

Market Closed - Japan Exchange Other stock markets 01:30:00 2024-12-13 am EST			5-day change	1st Jan Change
2,139.50 ^JPY	-0.40%		+0.21%	+10.11%

Nov. 15	CapitaLand Development Achieves 92% Bookings at Senique Hanoi Project in Vietnam	MT
Nov. 12	Tranche Update on Mitsubishi Estate Co., Ltd.'s Equity Buyback Plan announced on May 10, 2024.	CI

Company Valuation: Mitsubishi Estate Co., Ltd.

Data adjusted to current consolidation scope

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	2,134,907	2,586,793	2,405,831	2,052,406	3,525,844	2,665,782	-	-
Change	-	21.17%	-7%	-14.69%	71.79%	-24.39%	-	-
Enterprise Value (EV) ¹	4,297,250	4,936,172	4,910,131	4,694,023	6,383,763	5,790,958	5,923,280	6,085,567
Change	-	14.87%	-0.53%	-4.4%	36%	-9.29%	2.28%	2.74%
P/E ratio	14.7x	19.1x	15.6x	12.6x	21.1x	15.2x	13.9x	12.8x
PBR	1.23x	1.4x	1.2x	0.95x	1.47x	1.06x	1.01x	0.97x
PEG	-	-2.84x	1x	1.61x	4.13x	2.36x	1.41x	1.63x
Capitalization / Revenue	1.64x	2.14x	1.78x	1.49x	2.34x	1.69x	1.61x	1.57x
EV / Revenue	3.3x	4.09x	3.64x	3.41x	4.24x	3.67x	3.58x	3.58x
EV / EBITDA	13.3x	15.7x	13.3x	12.1x	16.9x	14.4x	13.9x	13.6x
EV / EBIT	17.8x	22x	17.6x	15.8x	22.9x	19.2x	18.2x	17.7x
EV / FCF	-131x	-33.8x	-146x	-111x	-38.2x	-17.1x	-29x	-34.6x
FCF Yield	-0.76%	-2.96%	-0.69%	-0.9%	-2.62%	-5.85%	-3.44%	-2.89%
Dividend per Share ²	33	31	36	38	40	43	46.2	50.22
Rate of return	2.07%	1.6%	1.98%	2.41%	1.44%	2.01%	2.16%	2.35%
EPS ²	108.6	101.3	116.4	125.5	132	140.5	154.4	166.5
Distribution rate	30.4%	30.6%	30.9%	30.3%	30.3%	30.6%	29.9%	30.2%
Net sales ¹	1,302,196	1,207,594	1,349,489	1,377,827	1,504,687	1,576,151	1,653,786	1,700,866
EBITDA ¹	322,287	313,501	370,558	388,283	376,928	403,267	427,306	447,390
EBIT ¹	240,768	224,394	278,977	296,702	278,627	302,338	324,699	343,323
Net income ¹	148,451	135,655	155,171	165,343	168,432	175,904	190,414	202,214
Net Debt ¹	2,162,343	2,349,379	2,504,300	2,641,617	2,857,919	3,125,176	3,257,498	3,419,785
Reference price ²	1,595.00	1,932.50	1,819.00	1,576.50	2,784.50	2,139.50	2,139.50	2,139.50
Nbr of stocks (in thousands)	1,338,500	1,338,573	1,322,612	1,301,875	1,266,239	1,245,984	-	-
Announcement Date	5/14/20	5/13/21	5/12/22	5/11/23	5/10/24	-	-	-

¹JPY in Million²JPY

Estimates

P/E ratio, Detailed evolution

Sector Comparison:

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E ratio	EV / Sales	EV / EBITDA	Yield (Y)	Capi. ($)
MITSUBISHI ESTATE CO., LTD.	15.29x	3.68x	14.39x	+2.00%	17.58B
SUN HUNG KAI PROPERTIES LIMITED	9.26x	4.12x	9.06x	+5.22%	28.6B
DLF LIMITED	61.14x	28.09x	83.46x	+0.56%	25.29B
EMAAR PROPERTIES	7.37x	1.65x	3.38x	+5.29%	22.74B
MITSUI FUDOSAN CO., LTD.	14.24x	2.98x	15.75x	+2.45%	22.52B
CHINA RESOURCES LAND LIMITED	5.76x	1.05x	5.72x	+6.17%	22.01B
CHINA OVERSEAS LAND & INVESTMENT LTD.	6.12x	1.49x	9.11x	+5.02%	19.4B
MACROTECH DEVELOPERS LIMITED	57.8x	11.17x	40.7x	+0.16%	16.87B
POLY DEVELOPMENTS AND HOLDINGS GROUP CO., LTD.	11.03x	0.99x	10.92x	+3.11%	16.67B
Average	20.89x	6.14x	21.39x	+3.33%	21.3B
Weighted average by Cap.	20.73x	6.54x	22.04x	+3.45%