Mitsubishi Estate Logistics REIT Investment Corp. (3481) AI Stock Analysis

• Market Cap: ¥177.33B
• Dividend Yield: 3.61%
• Average Volume (3M): 4.13K
• Price to Earnings (P/E): 18.5
• Beta (1Y): 0.30
• Revenue Growth: 42.96%
• EPS Growth: 33.25%
• Country: JP
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 61
• Industry: REIT - Industrial
• EPS (TTM): 3200.67
• Shares Outstanding: 1,510,455
• 10 Day Avg. Volume: 3,185
• 30 Day Avg. Volume: 4,126
• PEG Ratio: 1.49
• Price to Book (P/B): 1.12
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 15.43
• 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: ¥129,140.00
• Price Target Upside: 9.63% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 70 Outperform
• Price Target: ¥129,140 ▲(9.63%Upside)

The overall stock score is driven primarily by strong financial performance, with robust revenue growth and profitability. Technical analysis supports a stable market position, while valuation indicates a fairly priced stock. The absence of earnings call and corporate events data means these factors do not influence the score.

Mitsubishi Estate Logistics REIT Investment Corp. Business Overview & Revenue Model

Company Description

Mitsubishi Estate Logistics REIT Investment Corp. (3481) is a Japan-based real estate investment trust focused on logistics properties. It is part of the Mitsubishi Estate Group, a leading real estate company in Japan. The company invests primarily in logistics facilities, aiming to provide stable and growing dividends to its investors through strategic asset management and acquisitions of high-quality logistics properties.

How the Company Makes Money

Mitsubishi Estate Logistics REIT Investment Corp. makes money primarily through rental income generated from its portfolio of logistics properties. The company invests in high-quality logistics facilities, which are leased out to tenants, providing a steady stream of rental revenue. Additionally, the company may engage in property acquisitions and disposals to optimize its portfolio and enhance returns. Significant partnerships with logistics operators and property managers also contribute to its earnings by ensuring high occupancy rates and efficient property management. The REIT structure allows the company to pay out the majority of its income as dividends to investors, benefiting from favorable tax treatments.

Mitsubishi Estate Logistics REIT Investment Corp. Financial Statement Overview

Summary

The company demonstrates strong financial health with excellent revenue growth and profitability. The balance sheet is solid, but moderate leverage and negative free cash flow highlight some financial risks.

Income Statement

The company has shown strong revenue growth with a 15.4% increase from the previous year. Gross profit margin is healthy at 67.1%, and net profit margin is robust at 50.6%. Both EBIT and EBITDA margins are strong, at 54.4% and 70.4% respectively, indicating excellent operational efficiency.

Balance Sheet

The debt-to-equity ratio is 0.70, reflecting a moderate level of leverage. Return on Equity is impressive at 5.3%, showcasing effective use of equity capital. Equity ratio stands at 56.8%, indicating a solid equity base. However, the high level of debt could pose a risk in fluctuating interest environments.

Cash Flow

Free cash flow growth rate remains negative, although improved from the previous year. The operating cash flow to net income ratio is strong at 1.79, indicating good cash generation relative to net income. However, the free cash flow to net income ratio is negative, underscoring challenges in sustaining free cash flows.

Breakdown	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement
Total Revenue	16.91B	14.66B	11.31B	9.16B	6.54B
Gross Profit	11.36B	9.43B	7.34B	5.86B	4.28B
EBITDA	11.91B	10.01B	7.95B	6.42B	4.61B
Net Income	8.55B	6.94B	5.52B	4.45B	3.29B
Balance Sheet
Total Assets	282.35B	271.36B	228.17B	181.21B	120.48B
Cash, Cash Equivalents and Short-Term Investments	4.68B	4.49B	4.24B	4.67B	3.50B
Total Debt	113.05B	103.18B	82.07B	59.27B	35.37B
Total Liabilities	121.94B	111.49B	88.55B	64.80B	38.83B
Stockholders Equity	160.41B	159.87B	139.62B	116.41B	81.65B
Cash Flow
Free Cash Flow	-1.40B	-34.22B	-39.65B	-51.87B	-26.30B
Operating Cash Flow	15.29B	12.20B	6.91B	6.08B	4.81B
Investing Cash Flow	-16.34B	-45.47B	-46.10B	-56.45B	-30.46B
Financing Cash Flow	1.85B	34.24B	40.33B	54.12B	27.72B

Mitsubishi Estate Logistics REIT Investment Corp. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 117800.00
• 50DMA: Negative
• 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:3481, the sentiment is Neutral. The current price of 117800 is below the 20-day moving average (MA) of 119150.00, below the 50-day MA of 117850.00, and above the 200-day MA of 115205.77, indicating a neutral trend. The MACD of 4.43 indicates Positive momentum. The RSI at 40.82 is Neutral, neither overbought nor oversold. The STOCH value of >-0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:3481.

Mitsubishi Estate Logistics REIT Investment Corp. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3283	75 Outperform	¥671.13B	24.13		13.49%	7.60%	12.83%
2979	74 Outperform	¥83.59B	22.34		5.35%	-1.09%	-2.16%
3481	70 Outperform	¥177.33B	18.48		3.61%	42.96%	33.25%
Sector *	54 Neutral	$1.23B	3.75	0.67%	6.15%	-2.39%	-129.28%

Mitsubishi Estate Logistics REIT Investment Corp. Corporate Events

Mitsubishi Estate Logistics REIT Secures Debt Financing for Property Acquisition

Mitsubishi Estate Logistics REIT Investment Corporation has announced a debt financing arrangement to secure 1,200 million yen from MUFG Bank, Ltd. This borrowing will be used to finance the acquisition of MJ Industrial Park Kobe-Nishi. The move is expected to enhance the company’s logistics property portfolio, potentially strengthening its market position in the logistics real estate sector.

Mitsubishi Estate Logistics REIT Acquires New Property in Kobe

Mitsubishi Estate Logistics REIT Investment Corporation has announced the acquisition of a property in Kobe, Hyogo, as part of its strategy to enhance profitability and unitholder value. The acquisition, priced below its appraisal value, is expected to stabilize and improve the company’s portfolio through its high appraisal NOI yield, contributing to the company’s long-term growth and market positioning.

Mitsubishi Estate Logistics REIT Announces June 2025 Investment Unit Buyback

Mitsubishi Estate Logistics REIT Investment Corporation announced the repurchase of 7,526 investment units in June 2025, totaling approximately 887 million yen. This buyback is part of a broader repurchase program authorized by the board, aiming to enhance shareholder value and optimize capital structure, with a maximum of 30,000 units to be repurchased by July 31, 2025.

Mitsubishi Estate Logistics REIT to Prepay 300 Million Yen Loan

Mitsubishi Estate Logistics REIT Investment Corporation announced the prepayment of a 300 million yen bank loan using cash on hand, scheduled for June 23, 2025. This move will not affect the company’s financial forecasts for the fiscal periods ending in August 2025 and February 2026, as the impact of the prepayment is already included in the forecasts.

Mitsubishi Estate Logistics REIT Announces Progress in Investment Unit Buyback

Mitsubishi Estate Logistics REIT Investment Corporation has announced the status of its repurchase program for its own investment units, reporting the acquisition of 7,225 units in May 2025, amounting to approximately 844 million yen. This buyback is part of a broader strategy approved by the board to repurchase up to 30,000 units by July 2025, aiming to enhance shareholder value and optimize capital structure.

Mitsubishi Estate Logistics REIT Announces Investment Unit Buyback

Mitsubishi Estate Logistics REIT Investment Corporation has announced the repurchase of 2,886 of its own investment units, totaling approximately 337.66 million yen, through open-market transactions on the Tokyo Stock Exchange. This move is part of a broader strategy approved by the board to repurchase up to 30,000 units, or 2% of total outstanding units, by July 31, 2025, potentially impacting the company’s market positioning and investor relations.