GLP J-REIT
TSE:3281

Watchlist Manager
GLP J-REIT Logo
GLP J-REIT
TSE:3281
Watchlist
Price: 150 200 JPY -1.18% Market Closed
Market Cap: 721B JPY

Relative Value

The Relative Value of one GLP J-REIT stock under the Base Case scenario is 162 976.35 JPY. Compared to the current market price of 150 200 JPY, GLP J-REIT is Undervalued by 8%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

Relative Value
Base Case
162 976.35 JPY
Undervaluation 8%
Relative Value
Price
Worst Case
Base Case
Best Case

Multiples Across Competitors

Competitors Multiples
GLP J-REIT Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
JP
GLP J-REIT
TSE:3281
720.6B JPY 12.1 23.2 24.1 30.2
US
Prologis Inc
NYSE:PLD
123.7B USD 14.2 38.6 25.9 45.4
AU
Goodman Group
ASX:GMG
59.7B AUD 25.5 35.3 82.1 82.1
UK
SEGRO PLC
LSE:SGRO
10B GBP 0.1 0.2 0.1 0.1
SG
Ascendas Real Estate Investment Trust
SGX:A17U
13.3B 0 0 0 0
SG
ESR-REIT
OTC:CGIUF
12.8B USD 39.7 -148.8 89.6 89.6
US
Eastgroup Properties Inc
NYSE:EGP
10B USD 14.4 40.4 23.3 40.9
US
Rexford Industrial Realty Inc
NYSE:REXR
9.5B USD 9.6 29.1 18.1 32.9
US
Lineage Inc
NASDAQ:LINE
8.3B USD 1.5 -60.5 13.5 65.4
US
First Industrial Realty Trust Inc
NYSE:FR
7.9B USD 11.1 33.5 21 34.1
MX
Prologis Property Mexico SA de CV
BMV:FIBRAPL14
135.4B MXN 10.8 9.8 17.1 17.1
P/E Multiple
Earnings Growth PEG
JP
GLP J-REIT
TSE:3281
Average P/E: 26.3
23.2
-2%
N/A
US
Prologis Inc
NYSE:PLD
38.6
-5%
N/A
AU
Goodman Group
ASX:GMG
35.3
26%
1.4
UK
SEGRO PLC
LSE:SGRO
0.2
-2%
N/A
SG
Ascendas Real Estate Investment Trust
SGX:A17U
Not Available
1%
N/A
SG
ESR-REIT
OTC:CGIUF
Negative Multiple: -148.8 N/A N/A
US
Eastgroup Properties Inc
NYSE:EGP
40.4
9%
4.5
US
Rexford Industrial Realty Inc
NYSE:REXR
29.1
0%
N/A
US
Lineage Inc
NASDAQ:LINE
Negative Multiple: -60.5 N/A N/A
US
First Industrial Realty Trust Inc
NYSE:FR
33.5
-3%
N/A
MX
P
Prologis Property Mexico SA de CV
BMV:FIBRAPL14
9.8
-26%
N/A