Nippon Prologis REIT, Inc. (3283) AI Stock Analysis

• Market Cap: ¥765.09B
• Dividend Yield: 11.97%
• Average Volume (3M): 12.07K
• Price to Earnings (P/E): 27.7
• Beta (1Y): 0.13
• Revenue Growth: 12.04%
• EPS Growth: 12.83%
• Country: JP
• Employees: 136
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Industrial
• EPS (TTM): 1821.00
• Shares Outstanding: 8,389,107
• 10 Day Avg. Volume: 13,239
• 30 Day Avg. Volume: 12,073
• PEG Ratio: 1.65
• Price to Book (P/B): 0.44
• Price to Sales (P/S): 3.64
• P/FCF Ratio: 5.93
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ¥95,850.00
• Price Target Upside: 7.70% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): 3,504.99
• Revenue Forecast (FY): ¥68.14B

• Rating: 76 Outperform
• Price Target: ¥99,333.00 ▲(11.61% Upside)

Nippon Prologis REIT, Inc. scores well due to its strong financial performance and positive technical indicators. The high dividend yield further enhances its attractiveness, despite a relatively high P/E ratio. The absence of earnings call data and corporate events does not impact the overall score significantly.

Nippon Prologis REIT, Inc. Business Overview & Revenue Model

Company Description

Nippon Prologis REIT, Inc. (3283) is a leading real estate investment trust (REIT) in Japan, specializing in the acquisition, development, and management of logistics facilities. The company focuses on the industrial sector, primarily investing in high-quality logistics properties strategically located to serve major urban areas and transportation hubs. Its portfolio includes state-of-the-art warehouses and distribution centers that cater to a diverse range of tenants, including e-commerce, retail, and third-party logistics providers.

How the Company Makes Money

Nippon Prologis REIT generates revenue primarily through leasing its logistics properties to tenants on long-term contracts. The company's revenue model is based on rental income earned from these leases, which provides a consistent and stable cash flow. Additionally, the REIT may benefit from property appreciation and value creation through strategic asset management and development projects. Key revenue streams include rental income from existing properties, potential lease escalations, and income derived from new developments or acquisitions. The company's strong relationships with major logistics operators and e-commerce firms also play a pivotal role in securing long-term tenants, thereby enhancing its revenue stability. Furthermore, Nippon Prologis REIT may engage in partnerships and joint ventures to expand its portfolio and leverage market opportunities, contributing to its overall earnings.

Nippon Prologis REIT, Inc. Financial Statement Overview

Summary

Nippon Prologis REIT, Inc. presents a strong financial position with consistent revenue growth, high profitability margins, and robust cash flow generation. The company's effective leverage management and strong equity base contribute to financial stability and resilience, ensuring minimal financial risk.

Income Statement

Nippon Prologis REIT, Inc. demonstrates strong profitability with a consistent increase in revenue and net income over the years. The gross profit margin for the latest year is approximately 53.5%, and the net profit margin is 40.9%, indicating efficient cost management and robust profitability. The revenue growth rate from 2023 to 2024 is 3.5%, demonstrating steady growth. The company also shows a healthy EBIT margin of 44.6% and an EBITDA margin of 67.6%, both reflecting efficient operations. Overall, the company’s income statement reflects a solid performance with consistent growth and profitability.

Balance Sheet

The balance sheet shows a stable financial position with a debt-to-equity ratio of 0.66, indicating a balanced leverage strategy. The return on equity (ROE) is high at 49.4%, showcasing effective utilization of equity to generate profits. The equity ratio of 57.9% highlights a strong equity base relative to total assets, ensuring financial stability. Despite a significant debt load, the company's robust equity position mitigates potential risks, maintaining financial health.

Cash Flow

Nippon Prologis REIT, Inc. exhibits strong cash flow management with a notable improvement in free cash flow, transitioning from a negative to a positive position year over year. The free cash flow growth rate is significantly positive, reflecting effective cash generation and capital expenditure management. The operating cash flow to net income ratio is 1.61, indicating efficient cash conversion from earnings. The free cash flow to net income ratio of 1.50 further emphasizes strong cash generation capabilities, supporting potential for reinvestment and shareholder returns.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2021	Dec 2020	Dec 2019
Income Statement
Total Revenue	65.61B	61.43B	59.35B	49.96B	46.27B	41.45B
Gross Profit	36.06B	32.87B	26.09B	27.92B	26.19B	23.24B
EBITDA	45.05B	41.54B	40.02B	34.52B	32.17B	28.44B
Net Income	27.99B	25.14B	23.46B	21.61B	19.95B	17.93B
Balance Sheet
Total Assets	897.31B	878.18B	881.22B	752.32B	693.02B	638.46B
Cash, Cash Equivalents and Short-Term Investments	21.29B	34.70B	33.30B	35.00B	29.11B	19.41B
Total Debt	362.30B	333.30B	333.30B	282.50B	260.20B	241.10B
Total Liabilities	398.09B	369.63B	368.63B	313.48B	288.68B	264.92B
Stockholders Equity	499.22B	508.54B	512.59B	438.84B	404.34B	373.54B
Cash Flow
Free Cash Flow	-7.67B	37.69B	-60.84B	-30.70B	-21.49B	-52.74B
Operating Cash Flow	37.05B	40.51B	36.39B	34.22B	39.64B	25.27B
Investing Cash Flow	-43.63B	-2.54B	-94.50B	-63.05B	-59.36B	-76.33B
Financing Cash Flow	-10.53B	-29.20B	52.23B	35.09B	29.86B	46.46B

Nippon Prologis REIT, Inc. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 89000.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3283, the sentiment is Positive. The current price of 89000 is below the 20-day moving average (MA) of 89080.00, above the 50-day MA of 86672.00, and above the 200-day MA of 80099.49, indicating a bullish trend. The MACD of 1609.89 indicates Negative momentum. The RSI at 60.51 is Neutral, neither overbought nor oversold. The STOCH value of 83.12 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3283.

Nippon Prologis REIT, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3283	76 Outperform	¥765.09B	27.68	―	11.97%	12.04%	12.83%
3466	75 Outperform	$270.80B	21.47	5.78%	5.37%	27.21%	1.32%
3481	70 Outperform	¥186.22B	21.95	―	4.79%	22.29%	0.88%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%

Nippon Prologis REIT, Inc. Corporate Events

Nippon Prologis REIT Secures New Debt Financing and Interest Rate Swap

Nippon Prologis REIT, Inc. announced a new debt financing arrangement of 5,000 million yen with a syndicate of lenders arranged by Sumitomo Mitsui Banking Corporation, alongside an interest rate swap agreement to mitigate interest rate volatility. This strategic financial move aims to refinance existing long-term borrowings, maintaining the company’s stable financial structure and potentially enhancing its market position by securing fixed interest rates, which could benefit stakeholders by reducing exposure to fluctuating interest rates.

The most recent analyst rating on (JP:3283) stock is a Buy with a Yen100000.00 price target. To see the full list of analyst forecasts on Nippon Prologis REIT, Inc. stock, see the JP:3283 Stock Forecast page.

Nippon Prologis REIT Completes Strategic Real Estate Transactions

Nippon Prologis REIT, Inc. has successfully completed the acquisition of an 18% co-ownership stake in Prologis Park Ichikawa 2 and the sale of a 50% co-ownership stake in Prologis Park Kitanagoya. This strategic move is part of the company’s ongoing efforts to optimize its portfolio and strengthen its position in the logistics real estate market, potentially impacting its operational efficiency and stakeholder value.

The most recent analyst rating on (JP:3283) stock is a Hold with a Yen293000.00 price target. To see the full list of analyst forecasts on Nippon Prologis REIT, Inc. stock, see the JP:3283 Stock Forecast page.