AEON REIT Investment Corp. (3292) AI Stock Analysis

• Market Cap: ¥265.76B
• Dividend Yield: 5.3%
• Average Volume (3M): 3.42K
• Price to Earnings (P/E): 19.9
• Beta (1Y): 0.15
• Revenue Growth: 0.69%
• EPS Growth: -3.93%
• Country: JP
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 52
• Industry: REIT - Retail
• EPS (TTM): 3243.00
• Shares Outstanding: 2,102,569
• 10 Day Avg. Volume: 3,864
• 30 Day Avg. Volume: 3,421
• PEG Ratio: -10.73
• Price to Book (P/B): 1.28
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -90.25
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ¥128,400.00
• Price Target Upside: 1.58% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 76 Outperform
• Price Target: ¥142,719 ▲(12.91%Upside)

AEON REIT Investment Corp.'s strong financial performance and positive technical indicators are the primary drivers of its overall score. The company's valuation is reasonable, with a compelling dividend yield. Monitoring of revenue growth and leverage is advised to sustain financial health.

AEON REIT Investment Corp. Business Overview & Revenue Model

Company Description

AEON REIT Investment Corp. (3292) is a Japanese real estate investment trust (REIT) that primarily invests in retail and shopping center properties. The company is part of the larger AEON Group, a prominent retail conglomerate in Japan, and focuses on generating stable income through its portfolio of commercial real estate assets primarily consisting of AEON-branded shopping centers and related facilities. AEON REIT aims to provide investors with consistent returns by leveraging its strategic partnerships and extensive industry expertise.

How the Company Makes Money

AEON REIT Investment Corp. generates revenue primarily through rental income from its portfolio of retail properties. These properties, often anchored by AEON-branded shopping centers, attract a steady stream of tenants ranging from large retail chains to smaller specialty stores. The REIT benefits from long-term lease agreements that provide a reliable source of rental income. Additionally, AEON REIT may engage in property management services and benefit from property value appreciation, which can enhance the overall return on investment. Strategic partnerships with the AEON Group and other affiliates enable the company to maintain high occupancy rates and optimize tenant mix, further contributing to its financial performance.

AEON REIT Investment Corp. Financial Statement Overview

Summary

AEON REIT Investment Corp. has demonstrated strong financial performance with solid profitability and efficient operations. While the revenue growth rate has slowed and leverage is moderately high, the company shows robust cash flow and a strong balance sheet.

Income Statement

AEON REIT Investment Corp. has shown solid financial performance with a stable revenue growth trend over the years. The Gross Profit Margin remains healthy, indicating efficient cost management. The Net Profit Margin is strong, showcasing profitability. While EBIT and EBITDA margins are robust, they reflect the company's operational efficiency. However, the revenue growth rate has slowed down in recent periods, which is a potential area of concern.

Balance Sheet

The company's balance sheet is strong, with a moderate Debt-to-Equity ratio reflecting reasonable leverage. Return on Equity is commendable, suggesting effective use of shareholders' equity. However, the Equity Ratio indicates that a substantial portion of assets is financed by debt, which could pose risks in economic downturns.

Cash Flow

The company's cash flow is stable with a positive Free Cash Flow. The Operating Cash Flow to Net Income Ratio indicates good cash conversion, though Free Cash Flow Growth has been inconsistent, reflecting fluctuations in capital expenditures. Despite these fluctuations, the overall cash generation remains strong.

Breakdown	Mar 2025	Mar 2024	Sep 2023	Sep 2022	Sep 2021
Income Statement
Total Revenue	42.35B	42.22B	41.00B	40.05B	35.40B
Gross Profit	16.12B	18.08B	17.91B	17.47B	15.54B
EBITDA	26.40B	25.88B	25.89B	25.29B	22.44B
Net Income	13.46B	13.59B	13.77B	13.55B	11.83B
Balance Sheet
Total Assets	451.15B	458.58B	452.49B	434.63B	385.98B
Cash, Cash Equivalents and Short-Term Investments	26.93B	31.35B	23.94B	21.40B	18.19B
Total Debt	188.40B	188.40B	188.40B	179.10B	159.80B
Total Liabilities	207.34B	211.83B	205.09B	198.03B	175.07B
Stockholders Equity	243.81B	246.75B	247.39B	236.61B	210.91B
Cash Flow
Free Cash Flow	24.03B	21.58B	-3.52B	-28.58B	13.18B
Operating Cash Flow	24.03B	25.64B	22.11B	25.29B	21.74B
Investing Cash Flow	-9.04B	-3.85B	-25.63B	-53.04B	-8.56B
Financing Cash Flow	-16.92B	-14.23B	6.28B	31.39B	-12.04B

AEON REIT Investment Corp. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 126400.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3292, the sentiment is Neutral. The current price of 126400 is below the 20-day moving average (MA) of 126895.00, above the 50-day MA of 126050.00, and above the 200-day MA of 124786.15, indicating a neutral trend. The MACD of 249.14 indicates Positive momentum. The RSI at 48.02 is Neutral, neither overbought nor oversold. The STOCH value of 3.92 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:3292.

AEON REIT Investment Corp. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8954	78 Outperform	¥526.61B	23.38		4.07%	-17.31%	15.83%
3292	76 Outperform	¥265.76B	19.91		5.30%	0.69%	-3.93%
8953	72 Outperform	$752.37B	20.85	5.50%	5.35%	-8.21%	9.33%
3462	66 Neutral	$695.56B	20.81	5.46%	4.61%	28.38%	14.19%
Sector *	63 Neutral	$6.99B	18.83	-1.16%	6.86%	4.65%	-25.28%

AEON REIT Investment Corp. Corporate Events

AEON REIT Announces Corporate Auditor Change

AEON REIT Investment Corporation announced a scheduled change in its corporate auditor, with Maki Watanabe set to replace Tadao Minamidate as a part-time corporate auditor effective May 23, 2025. This change is part of a broader proposal for the election of directors at the upcoming General Meeting of Shareholders, reflecting the company’s ongoing efforts to enhance its governance structure.