Kenedix Office Investment Corp
TSE:8972

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Kenedix Office Investment Corp
TSE:8972
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Price: 149 800 JPY -0.4% Market Closed
Market Cap: 611.2B JPY

Relative Value

The Relative Value of one Kenedix Office Investment Corp stock under the Base Case scenario is 256 122.25 JPY. Compared to the current market price of 149 800 JPY, Kenedix Office Investment Corp is Undervalued by 42%.

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
256 122.25 JPY
Undervaluation 42%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
76
vs Industry
23
Median 3Y
11.6
Median 5Y
9.1
Industry
3.6
Forward
9.8
vs History
90
vs Industry
38
Median 3Y
21.4
Median 5Y
20.4
Industry
16.3
Forward
18.5
vs History
92
vs Industry
51
Median 3Y
13.2
Median 5Y
12.5
Industry
11.1
vs History
92
vs Industry
26
Median 3Y
19.9
Median 5Y
21.4
Industry
13
vs History
84
vs Industry
37
Median 3Y
1.2
Median 5Y
1.2
Industry
0.8
vs History
60
vs Industry
17
Median 3Y
19.7
Median 5Y
14.2
Industry
6.5
Forward
17.2
vs History
60
vs Industry
18
Median 3Y
30.3
Median 5Y
22
Industry
11.7
vs History
61
vs Industry
24
Median 3Y
30.5
Median 5Y
22.1
Industry
15.7
Forward
22.5
vs History
84
vs Industry
24
Median 3Y
38.5
Median 5Y
29.2
Industry
18.7
vs History
93
vs Industry
50
Median 3Y
20.9
Median 5Y
19.9
Industry
18.5
vs History
26
vs Industry
11
Median 3Y
46.1
Median 5Y
31.3
Industry
20.3
vs History
82
vs Industry
32
Median 3Y
1
Median 5Y
1
Industry
0.7

Multiples Across Competitors

Competitors Multiples
Kenedix Office Investment Corp Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
JP
Kenedix Office Investment Corp
TSE:8972
611.1B JPY 7.8 12.4 21.2 26.4
US
Alexandria Real Estate Equities Inc
NYSE:ARE
16.5B USD 5.1 53.2 13.1 29.5
US
Boston Properties Inc
NYSE:BXP
10.7B USD 3.1 750.1 13.6 25.5
JP
Nippon Building Fund Inc
TSE:8951
1.1T JPY 11 24.3 25.2 33.4
US
Vornado Realty Trust
NYSE:VNO
7B USD 3.9 848 20.2 57.8
FR
Covivio SA
PAR:COV
5.8B EUR 4.4 84.6 15.9 18.2
US
COPT Defense Properties
NYSE:CDP
6.1B USD 8.1 44 39.6 39.6
JP
Japan Real Estate Investment Corp
TSE:8952
773.3B JPY 9.2 20.6 21.4 27.9
US
Cousins Properties Inc
NYSE:CUZ
5B USD 5.8 107.7 15 46.8
AU
Dexus
ASX:DXS
7.7B AUD 9 -7.9 32.5 32.5
US
SL Green Realty Corp
NYSE:SLG
4.1B USD 4.6 792.8 21.6 55