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Daiwa Office Investment Corp
TSE:8976

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Daiwa Office Investment Corp
TSE:8976
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Price: 334 000 JPY -0.3% Market Closed
Market Cap: ¥310.6B

P/B

1.3
Current
11%
More Expensive
vs 3-y average of 1.2

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.3
=
Market Cap
¥346.3B
/
Total Equity
¥242.5B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.3
=
Market Cap
¥346.3B
/
Total Equity
¥242.5B

Valuation Scenarios

Daiwa Office Investment Corp is trading above its 3-year average

If P/B returns to its 3-Year Average (1.2), the stock would be worth ¥300 652.68 (10% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-16%
Maximum Upside
+11%
Average Downside
1%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.3 ¥334 000
0%
3-Year Average 1.2 ¥300 652.68
-10%
5-Year Average 1.1 ¥280 260.88
-16%
Industry Average 1.4 ¥371 996.77
+11%
Country Average 1.4 ¥366 585.58
+10%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

In line with most companies in Japan
Percentile
43rd
Based on 5 195 companies
43rd percentile
1.3
Low
0 — 1.1
Typical Range
1.1 — 2.1
High
2.1 —
Distribution Statistics
Japan
Min 0
30th Percentile 1.1
Median 1.4
70th Percentile 2.1
Max 31 732 017.6

Daiwa Office Investment Corp
Glance View

Market Cap
310.6B JPY
Industry
Real Estate

In the bustling real estate landscape of Japan, Daiwa Office Investment Corporation (DOIC) has etched a formidable presence, aligning its operations strategically in the economic heartbeat of Tokyo and other key urban centers. Established as a Real Estate Investment Trust (REIT), DOIC specializes in acquiring and managing a diverse portfolio of high-quality office properties. The company is sponsored by Daiwa Securities Group, which not only provides a robust financial backbone but also contributes deep expertise in the financial and real estate markets. This symbiosis allows DOIC to judiciously select properties that promise steady cash flow and value appreciation, focusing prominently on well-located buildings that attract a stable tenant base, hence ensuring a consistent revenue stream through lease agreements. DOIC's financial engine runs on the adept management of its property portfolio, with income primarily derived from leasing space to a carefully curated mix of corporate tenants. The company's expertise lies in maintaining high occupancy rates and leveraging market insights to optimize rental yields. By periodically reviewing and upgrading facilities to match evolving business needs, they ensure properties remain desirable in a competitive market. This approach drives the recurring rental income that underpins their financial performance. Further enhancing returns, DOIC selectively engages in the acquisition and divestment of properties, capitalizing on favorable market conditions. Through this finely tuned blend of asset management and strategic investment practices, DOIC sustains its mission to deliver stable dividends to its investors, while continuously enhancing the quality of its portfolio.

Intrinsic Value
339 051.09 JPY
Undervaluation 1%
Intrinsic Value
Price ¥334 000
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