LaSalle LOGIPORT REIT (3466) AI Stock Analysis

• Market Cap: ¥251.86B
• Dividend Yield: 5.76%
• Average Volume (3M): 4.30K
• Price to Earnings (P/E): 20.5
• Beta (1Y): 0.11
• Revenue Growth: 21.62%
• EPS Growth: 6.38%
• Country: JP
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 55
• Industry: REIT - Industrial
• EPS (TTM): 3395.00
• Shares Outstanding: 1,810,620
• 10 Day Avg. Volume: 3,661
• 30 Day Avg. Volume: 4,303
• PEG Ratio: -21.27
• Price to Book (P/B): 1.19
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -22.47
• 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: ¥175,000.72
• Price Target Upside: 25.81% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 77 Outperform
• Price Target: ¥155,155 ▲(11.54%Upside)

LaSalle LOGIPORT REIT scores highly on financial performance due to its strong profitability, revenue growth, and cash management, which are the most significant factors. The technical analysis score reflects a neutral market position with weak momentum but no clear overbought or oversold signals. The valuation score is boosted by an attractive dividend yield, making the stock appealing for income 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 demonstrates strong financial performance with high profitability margins, robust revenue growth, and efficient cash management. The balance sheet reveals a solid financial position with manageable leverage and strong equity support, while cash flows indicate excellent liquidity.

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
EBITDA	17.12B	17.07B	14.35B	14.27B	13.39B	10.89B
Net Income	12.65B	12.95B	10.19B	10.24B	9.95B	8.42B
Balance Sheet
Total Assets	398.05B	406.62B	406.07B	384.16B	385.68B	262.44B
Cash, Cash Equivalents and Short-Term Investments	23.08B	20.01B	17.95B	20.06B	19.29B	10.14B
Total Debt	171.02B	171.02B	171.02B	160.62B	161.32B	112.24B
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: Positive
• Last Price: 139100.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• 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 Positive. The current price of 139100 is above the 20-day moving average (MA) of 138030.00, above the 50-day MA of 136940.00, and above the 200-day MA of 138111.46, indicating a bullish trend. The MACD of 818.96 indicates Negative momentum. The RSI at 57.33 is Neutral, neither overbought nor oversold. The STOCH value of 48.08 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3466.

LaSalle LOGIPORT REIT Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3466	77 Outperform	¥251.86B	20.54	5.63%	5.76%	21.62%	6.38%
3283	75 Outperform	¥674.48B	27.24		4.64%	3.50%	5.40%
2979	74 Outperform	¥83.81B	23.57		5.16%	-1.09%	-2.16%
3481	70 Outperform	¥180.50B	18.75		1.74%	42.96%	33.25%
Sector *	70 Neutral	¥232.08B	14.13	10.67%	4.28%	17.32%	17.90%

LaSalle LOGIPORT REIT Corporate Events

LaSalle LOGIPORT REIT Completes Strategic Asset Disposition

LaSalle LOGIPORT REIT has completed the disposition of a 30% joint co-ownership interest in the LOGIPORT Kawagoe property, located in Kawagoe-city, Saitama, for 3,900 million yen. This transaction is part of the company’s strategic asset management, potentially impacting its portfolio and financial performance, while also reflecting its ongoing efforts to optimize asset allocation.

The most recent analyst rating on (JP:3466) stock is a Buy with a Yen185000.00 price target. To see the full list of analyst forecasts on LaSalle LOGIPORT REIT stock, see the JP:3466 Stock Forecast page.

LaSalle LOGIPORT REIT Completes June Investment Unit Repurchase

LaSalle LOGIPORT REIT announced the completion of a repurchase of its own investment units, acquiring 4,718 units for approximately 649 million yen in June 2025. This move is part of a broader strategy to repurchase up to 29,000 units by October 2025, potentially impacting the market by consolidating its investment units and possibly enhancing shareholder value.

The most recent analyst rating on (JP:3466) stock is a Buy with a Yen185000.00 price target. To see the full list of analyst forecasts on LaSalle LOGIPORT REIT stock, see the JP:3466 Stock Forecast page.

LaSalle LOGIPORT REIT Secures Financial Stability Through Interest Rate Swaps

LaSalle LOGIPORT REIT has entered into interest rate swap agreements to mitigate risks associated with interest rate fluctuations on its recent borrowings. These agreements will convert variable interest rates to fixed rates, ensuring stability in financial planning and potentially enhancing investor confidence by reducing exposure to interest rate volatility.

The most recent analyst rating on (JP:3466) stock is a Buy with a Yen185000.00 price target. To see the full list of analyst forecasts on LaSalle LOGIPORT REIT stock, see the JP:3466 Stock Forecast page.

LaSalle LOGIPORT REIT Announces Strategic Debt Refinancing

LaSalle LOGIPORT REIT announced its decision to borrow funds and make an early prepayment of its debt financing. This strategic financial move involves securing long-term loans from multiple banks with varying interest rates and repayment terms. The borrowing is intended to refinance existing loans maturing soon, ensuring the company’s financial stability and operational continuity. The announcement reflects LLR’s proactive approach in managing its financial obligations, potentially impacting its stakeholders by maintaining a stable financial outlook.

The most recent analyst rating on (JP:3466) stock is a Buy with a Yen185000.00 price target. To see the full list of analyst forecasts on LaSalle LOGIPORT REIT stock, see the JP:3466 Stock Forecast page.

LaSalle LOGIPORT REIT Announces May 2025 Investment Unit Repurchase

LaSalle LOGIPORT REIT announced the repurchase of 3,780 investment units in May 2025, totaling 515,726,800 yen, as part of its ongoing strategy to manage its investment units. This move is part of a broader repurchase plan approved by the board, aiming to repurchase up to 29,000 units by October 2025, potentially impacting the company’s market positioning and shareholder value.

The most recent analyst rating on (JP:3466) stock is a Buy with a Yen185000.00 price target. To see the full list of analyst forecasts on LaSalle LOGIPORT REIT stock, see the JP:3466 Stock Forecast page.

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.