M

Mitsubishi Estate Logistics REIT Investment Corp
TSE:3481

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Mitsubishi Estate Logistics REIT Investment Corp
TSE:3481
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Price: 339 000 JPY 0.89% Market Closed
Market Cap: 170.7B JPY
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Relative Value

The Relative Value of one Mitsubishi Estate Logistics REIT Investment Corp stock under the Base Case scenario is 474 362.4 JPY. Compared to the current market price of 339 000 JPY, Mitsubishi Estate Logistics REIT Investment Corp is Undervalued by 29%.

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
474 362.4 JPY
Undervaluation 29%
Relative Value
Price
M
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
96
vs Industry
10
Median 3Y
15
Median 5Y
17.1
Industry
3.6
Forward
11
vs History
96
vs Industry
19
Median 3Y
31.5
Median 5Y
34.4
Industry
16.7
Forward
20.4
vs History
96
vs Industry
20
Median 3Y
20.6
Median 5Y
25
Industry
10.9
vs History
12
vs Industry
11
Median 3Y
-6.5
Median 5Y
-8.1
Industry
13.3
vs History
95
vs Industry
27
Median 3Y
1.3
Median 5Y
1.3
Industry
0.8
vs History
96
vs Industry
8
Median 3Y
21.9
Median 5Y
22.6
Industry
6.6
Forward
17.5
vs History
96
vs Industry
13
Median 3Y
29.6
Median 5Y
30.5
Industry
11.9
vs History
96
vs Industry
14
Median 3Y
30.9
Median 5Y
32
Industry
15.8
Forward
25.5
vs History
96
vs Industry
14
Median 3Y
41.3
Median 5Y
42.9
Industry
19
vs History
96
vs Industry
22
Median 3Y
26.9
Median 5Y
32.1
Industry
18.5
vs History
vs Industry
2
Median 3Y
-6.9
Median 5Y
-6.6
Industry
20.1
vs History
95
vs Industry
21
Median 3Y
1.1
Median 5Y
1.2
Industry
0.7

Multiples Across Competitors

Competitors Multiples
Mitsubishi Estate Logistics REIT Investment Corp 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
Mitsubishi Estate Logistics REIT Investment Corp
TSE:3481
170.7B JPY 10.1 20 22.9 29.7
US
Prologis Inc
NYSE:PLD
96.4B USD 12.1 31.1 23.6 44.9
AU
Goodman Group
ASX:GMG
69.4B AUD 35 -701.9 131.3 131.3
US
Lineage Inc
NASDAQ:LINE
13.4B USD 1.4 -18.7 8.7 24.2
UK
SEGRO PLC
LSE:SGRO
9.4B GBP 12.8 -937.2 24.9 25.3
SG
Ascendas Real Estate Investment Trust
SGX:A17U
11.2B 0 0 0 0
US
Rexford Industrial Realty Inc
NYSE:REXR
8.4B USD 9.3 31.6 18.8 33.2
US
Eastgroup Properties Inc
NYSE:EGP
7.9B USD 12.7 34 21.7 37.8
US
First Industrial Realty Trust Inc
NYSE:FR
6.7B USD 10.2 21.6 21 33.4
SG
Mapletree Logistics Trust
SGX:M44U
6.4B 0 0 0 0
SG
Mapletree Industrial Trust
SGX:ME8U
6.2B 0 0 0 0
P/E Multiple
Earnings Growth P/E to Growth
JP
M
Mitsubishi Estate Logistics REIT Investment Corp
TSE:3481
Average P/E: 27.7
20
N/A N/A
US
Prologis Inc
NYSE:PLD
31.1
0%
N/A
AU
Goodman Group
ASX:GMG
Negative Multiple: -701.9 N/A N/A
US
Lineage Inc
NASDAQ:LINE
Negative Multiple: -18.7 N/A N/A
UK
SEGRO PLC
LSE:SGRO
Negative Multiple: -937.2 N/A N/A
SG
Ascendas Real Estate Investment Trust
SGX:A17U
Not Available
343%
N/A
US
Rexford Industrial Realty Inc
NYSE:REXR
31.6
48%
0.7
US
Eastgroup Properties Inc
NYSE:EGP
34
33%
1
US
First Industrial Realty Trust Inc
NYSE:FR
21.6
-15%
N/A
SG
Mapletree Logistics Trust
SGX:M44U
Not Available
20%
N/A
SG
Mapletree Industrial Trust
SGX:ME8U
Not Available
271%
N/A

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