Ichigo Office REIT Investment Corp
TSE:8975

Watchlist Manager
Ichigo Office REIT Investment Corp Logo
Ichigo Office REIT Investment Corp
TSE:8975
Watchlist
Price: 86 100 JPY 1.06% Market Closed
Market Cap: 133.5B JPY
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one Ichigo Office REIT Investment Corp stock under the Base Case scenario is 117 108.48 JPY. Compared to the current market price of 86 100 JPY, Ichigo Office REIT Investment Corp is Undervalued by 26%.

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
117 108.48 JPY
Undervaluation 26%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

7.7
P/S
P/S
Price to Sales
7.7
vs History
25
vs Industry
24
Median 3Y
7.3
Median 5Y
7.3
Industry
3.6
Forward
7.8
More Details
18.1
P/E
P/E
Price to Earnings
18.1
vs History
42
vs Industry
30
Median 3Y
17.4
Median 5Y
17.4
Industry
16.4
Forward
19.9
More Details
10.9
P/OCF
P/OCF
Price to OCF
10.9
vs History
50
vs Industry
37
Median 3Y
12
Median 5Y
10.9
Industry
10.8
More Details
54.5
P/FCFE
P/FCFE
Price to FCFE
54.5
vs History
1
vs Industry
7
Median 3Y
21.1
Median 5Y
20.1
Industry
12.6
More Details
1.3
P/B
P/B
Price to Book Value
1.3
vs History
25
vs Industry
27
Median 3Y
1.2
Median 5Y
1.2
Industry
0.8
More Details
13.8
EV/S
EV/S
Enterprise Value to Sales
13.8
vs History
15
vs Industry
18
Median 3Y
12.7
Median 5Y
12.5
Industry
6.4
Forward
13.9
More Details
25.9
EV/GP
EV/GP
Enterprise Value to Gross Profit
25.9
vs History
20
vs Industry
13
Median 3Y
24.7
Median 5Y
24.2
Industry
11.8
More Details
21.5
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
21.5
vs History
20
vs Industry
24
Median 3Y
20.4
Median 5Y
20.2
Industry
15.7
Forward
29.4
More Details
26.2
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
26.2
vs History
20
vs Industry
25
Median 3Y
25
Median 5Y
24.5
Industry
18.9
More Details
19.5
EV/OCF
EV/OCF
Enterprise Value to OCF
19.5
vs History
49
vs Industry
35
Median 3Y
20.5
Median 5Y
19.3
Industry
18.3
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
18
Median 3Y
39.4
Median 5Y
34.6
Industry
20
More Details
1
EV/IC
EV/IC
Enterprise Value to IC
1
vs History
22
vs Industry
24
Median 3Y
1
Median 5Y
1
Industry
0.7
More Details

Multiples Across Competitors

Competitors Multiples
Ichigo Office REIT Investment Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
JP
Ichigo Office REIT Investment Corp
TSE:8975
133.9B JPY 7.7 18.1 21.5 26.2
US
Alexandria Real Estate Equities Inc
NYSE:ARE
13.1B USD 4 42.2 11.5 26
US
Boston Properties Inc
NYSE:BXP
10.4B USD 3.1 729.8 13.5 25.2
JP
Nippon Building Fund Inc
TSE:8951
1.1T JPY 11.2 24.5 25.4 33.7
US
Vornado Realty Trust
NYSE:VNO
6.8B USD 3.8 824.5 19.9 57
FR
Covivio SA
PAR:COV
5.7B EUR 4.3 83 15.8 18.1
US
COPT Defense Properties
NYSE:CDP
5.9B USD 7.8 42.5 38.6 38.6
JP
Japan Real Estate Investment Corp
TSE:8952
806.1B JPY 9.6 21.5 22 28.7
AU
Dexus
ASX:DXS
7.8B AUD 9.1 -8 32.7 32.7
US
Cousins Properties Inc
NYSE:CUZ
4.6B USD 5.4 101.1 14.4 45
JP
Kenedix Office Investment Corp
TSE:8972
610.3B JPY 7.8 12.4 21.2 26.4

See Also

Summary
Intrinsic value, competitors valuation, and company profile.
DCF Valuation
Stock valuation using Discount Cash Flow valuation method.
Relative Valuation
Stock valuation using valuation multiples.
Wall Street Estimates
Price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
Stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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