LaSalle LOGIPORT REIT (3466) AI Stock Analysis

• Market Cap: $248.78B
• Dividend Yield: 6257079.31%
• Average Volume (3M): 4.55K
• Price to Earnings (P/E): 20.3
• Beta (1Y): 0.11
• Revenue Growth: 21.62%
• EPS Growth: 6.38%
• Country: JP
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 70
• Industry: REIT - Industrial
• EPS (TTM): 3395.00
• Shares Outstanding: 1,810,620
• 10 Day Avg. Volume: 4,033
• 30 Day Avg. Volume: 4,553
• PEG Ratio: -8.84
• Price to Book (P/B): 1.19
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 12.14
• 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: $176,356.59
• Price Target Upside: 28.07% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

LaSalle LOGIPORT REIT scores well overall, driven primarily by strong financial performance. The company's robust profitability, revenue growth, and cash flow management are significant strengths. While technical analysis indicates some bearish momentum, the valuation remains reasonable with a high dividend yield, offering value for income-seeking investors.

LaSalle LOGIPORT REIT Business Overview & Revenue Model

Company Description

LaSalle LOGIPORT REIT (3466) is a real estate investment trust primarily engaged in acquiring, managing, and leasing logistics and industrial properties in Japan. The company specializes in high-quality logistics facilities, strategically located in key urban and regional markets to cater to the growing demand for efficient supply chain solutions. LaSalle LOGIPORT REIT aims to provide stable income and sustainable growth to its investors through its diversified portfolio of logistics properties.

How the Company Makes Money

LaSalle LOGIPORT REIT generates revenue primarily through leasing its logistics and industrial properties to a variety of tenants, including manufacturers, retailers, and third-party logistics providers. The company's income is derived from rental fees, which are typically contracted for long-term periods, providing a stable cash flow. Additionally, LaSalle LOGIPORT REIT may engage in strategic acquisitions and disposals of properties to enhance its portfolio value and optimize returns. The company benefits from the growing demand for logistics facilities driven by e-commerce expansion and supply chain modernization, which supports occupancy rates and rental income growth. Partnerships with property management firms and developers can also contribute to operational efficiencies and value creation.

LaSalle LOGIPORT REIT Financial Statement Overview

Summary

LaSalle LOGIPORT REIT presents a compelling financial profile with strong profitability, significant revenue growth, and efficient cash management. The balance sheet is solid with manageable leverage and strong equity support. Cash flows indicate excellent liquidity and operational efficiency.

Income Statement

LaSalle LOGIPORT REIT demonstrates strong profitability with a TTM net profit margin of 49.99% and a gross profit margin of 69.77%. Revenue growth is robust, showing a 16.67% increase from the previous year, indicating healthy expansion. The EBIT margin is at 55.35%, showcasing efficient cost management. Overall, the income statement reflects a solid financial performance with high margins and significant revenue growth.

Balance Sheet

The balance sheet reveals a stable financial position with a debt-to-equity ratio of 0.76, suggesting a moderate level of leverage which is typical for REITs. The equity ratio stands at 55.33%, indicating a strong equity base. ROE is impressive at 57.58%, reflecting efficient use of equity to generate profits. The balance sheet indicates a well-capitalized structure with healthy leverage and strong equity utilization.

Cash Flow

Cash flow analysis shows a significant recovery in free cash flow, with a notable growth rate from a negative position to 19203218000 JPY. The operating cash flow to net income ratio is 1.85, indicating strong cash generation relative to net income. Free cash flow to net income ratio is also robust at 1.48, signifying efficient cash conversion. The cash flow statement highlights a strong liquidity position and effective cash management.

Breakdown
TTM	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement		Total Revenue
28.43B	25.91B	22.20B	21.37B	20.21B	16.19B
	Gross Profit
11.78B	18.08B	11.60B	14.30B	14.02B	11.45B
	EBIT
14.05B	13.97B	11.44B	11.42B	11.29B	9.30B
	EBITDA
17.12B	17.07B	14.35B	14.27B	13.39B	10.89B
	Net Income Common Stockholders
12.65B	12.95B	10.19B	10.24B	9.95B	8.42B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
23.08B	20.01B	17.95B	20.06B	19.29B	10.14B
	Total Assets
398.05B	406.62B	406.07B	384.16B	385.68B	262.44B
	Total Debt
171.02B	171.02B	171.02B	160.62B	161.32B	112.24B
	Net Debt
147.94B	151.01B	153.07B	140.56B	142.03B	102.10B
	Total Liabilities
181.53B	181.69B	181.04B	170.30B	170.76B	119.23B
	Stockholders Equity
216.53B	224.93B	225.03B	213.85B	214.91B	143.20B
Cash Flow		Free Cash Flow
20.54B	19.20B	-11.89B	12.99B	-102.13B	-23.75B
	Operating Cash Flow
21.94B	23.98B	12.53B	14.35B	16.45B	14.84B
	Investing Cash Flow
-4.90B	-8.35B	-25.45B	-1.67B	-116.66B	-38.15B
	Financing Cash Flow
-22.02B	-13.05B	11.38B	-12.01B	110.68B	27.55B

LaSalle LOGIPORT REIT Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 137700.00
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3466, the sentiment is Negative. The current price of 137700 is below the 20-day moving average (MA) of 138070.00, below the 50-day MA of 138426.00, and below the 200-day MA of 138627.61, indicating a bearish trend. The MACD of -140.13 indicates Negative momentum. The RSI at 49.65 is Neutral, neither overbought nor oversold. The STOCH value of 49.98 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:3466.

LaSalle LOGIPORT REIT Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3476	75 Outperform	¥80.11B	17.26		5.73%	-35.89%	-5.78%
3466	71 Outperform	$248.78B	20.29	5.63%	6257079.31%	21.62%	6.38%
Sector *	60 Neutral	$2.77B	10.47	0.42%	8531.49%	6.23%	-16.09%

LaSalle LOGIPORT REIT Corporate Events

LaSalle LOGIPORT REIT Announces Investment Unit Repurchase

LaSalle LOGIPORT REIT has announced the repurchase of 1,409 of its own investment units, valued at approximately 192.7 million yen, through open market transactions on the Tokyo Stock Exchange. This move is part of a broader strategy to repurchase up to 29,000 units, with a maximum budget of 4 billion yen, to enhance shareholder value and optimize capital structure.

LaSalle LOGIPORT REIT Adjusts Investment Unit Repurchase Strategy

LaSalle LOGIPORT REIT announced a strategic shift in its approach to repurchasing and canceling its own investment units. Initially, the repurchase was intended to enhance unitholder returns and optimize capital strategy, but market conditions led to a reevaluation. The company has decided to terminate the previous repurchase plan and focus on acquiring units at attractive prices to boost distributions per unit, reallocating resources to maximize investment value.

LaSalle LOGIPORT REIT Reports Stable Financial Performance Amid Market Challenges

LaSalle LOGIPORT REIT reported its financial results for the fiscal period ending February 28, 2025, showing a slight decrease in operating revenues but a modest increase in operating and net income compared to the previous period. The REIT maintained a stable payout ratio and net assets distribution ratio, indicating a steady performance in its financial operations. The announcement highlights the company’s ability to sustain its financial health despite a challenging market environment, which is crucial for its stakeholders.

LaSalle LOGIPORT REIT Acquires Equity Interest in Nagoya Kawasaki Properties

LaSalle LOGIPORT REIT has announced its decision to acquire a 49% equity interest in Nagoya Kawasaki Properties GK, involving real estate assets in Nagoya and Kawasaki. This acquisition is part of the company’s strategy to enhance unitholder value by utilizing disposition funds for high-return investments and securing long-term growth opportunities. The acquisition is expected to maintain the company’s asset management ratio above 70%, although the liquidity of the acquired equity interest is low.

LaSalle LOGIPORT REIT Adjusts Disposition Plans for LOGIPORT Kawagoe

LaSalle LOGIPORT REIT announced changes to the scheduled disposition dates and joint co-ownership interests of its real estate trust beneficiary interest in LOGIPORT Kawagoe. These changes involve adjusting the co-ownership interest percentages and corresponding disposition dates, which may impact the company’s financial strategy and stakeholder interests.

LaSalle LOGIPORT REIT Updates Acquisition Schedule for Preferred Shares

LaSalle LOGIPORT REIT announced changes to the acquisition schedule of preferred shares in Japan Logistics Development 2 TMK. The revised timeline for the acquisition of the 3rd and 4th preferred shares is now set between September 2025 and April 2026, which may impact the company’s strategic planning and investment outcomes.

Mitsubishi and LaSalle REITs Explore Asset Securitization

Mitsubishi Estate Logistics REIT and LaSalle LOGIPORT REIT have announced a collaborative agreement to explore the securitization of jointly owned assets and investment in a special purpose company. This move is aimed at realizing capital gains, enhancing unitholder value, and providing future growth opportunities, though no final decisions have been made yet.

LaSalle LOGIPORT REIT Reports March 2025 Investment Unit Repurchase Status

LaSalle LOGIPORT REIT announced the status of its repurchase of investment units for March 2025, revealing no units were repurchased during this period. The repurchase strategy aims to return profits to unitholders and make attractive investments, with a significant portion of the repurchase completed earlier in January 2025. This reflects the company’s ongoing efforts to manage its investment units effectively, impacting shareholder returns and market positioning.

LaSalle LOGIPORT REIT Completes Partial Disposition of Real Estate Interests

LaSalle LOGIPORT REIT announced the completion of a partial disposition of domestic real estate trust beneficiary interests, specifically a 12.5% joint co-ownership interest in LOGIPORT Nagareyama B located in Chiba. This strategic move is part of the company’s ongoing efforts to optimize its portfolio and enhance operational efficiency, potentially impacting its market positioning and stakeholder value.

LaSalle LOGIPORT REIT Expands Investment Portfolio with Matsudo Project Completion

LaSalle LOGIPORT REIT announced an additional investment into LRF3 and the completion of the Matsudo project development via Japan Logistics Development 1 TMK. This strategic move is expected to strengthen the company’s portfolio in the logistics sector, potentially enhancing its market position and offering improved returns for stakeholders.

LaSalle LOGIPORT REIT Expands with Strategic Acquisition and Redemption

LaSalle LOGIPORT REIT announced an additional acquisition of a tokumei kumiai equity interest in LRF3 Properties GK and the redemption of preferred shares in Japan Logistics Development 1 TMK. This strategic move aligns with their active asset management strategy, aiming to optimize capital use and increase unitholder value. The acquisition involves the Matsudo Matsuhidai Logistics Center and Urayasu Logistics Center, marking a significant step in their excess return strategy through development profits.

LaSalle LOGIPORT REIT Announces Auditor Change

LaSalle LOGIPORT REIT announced a change in its asset management company’s auditor, with Kenjiro Higashino resigning and Aki Wakimizu being appointed as the new auditor. This change is part of the company’s ongoing compliance with financial and real estate regulations, potentially impacting its operational oversight and stakeholder confidence.

LaSalle LOGIPORT REIT Enhances Shareholder Value with Unit Repurchase and Cancellation

LaSalle LOGIPORT REIT announced the repurchase and cancellation of its own investment units, a strategic move aimed at enhancing shareholder value. The company completed the repurchase of 52,782 units totaling approximately 7.5 billion yen and plans to cancel 56,133 units, representing 3.01% of the total units before cancellation, by February 28, 2025. This action is expected to impact their distribution per unit (DPU) forecasts, increasing temporary distributions due to the change in the number of units canceled.