Tokaido REIT Ratios and Metrics

Market cap in millions JPY. Fiscal year is August - July.

Millions JPY. Fiscal year is Aug - Jul.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Oct '25 Oct 9, 2025	Jul '25 Jul 31, 2025	Jul '24 Jul 31, 2024	Jul '23 Jul 31, 2023	Jul '22 Jul 31, 2022
Market Capitalization	35,839	34,921	33,213	29,197	22,100
Market Cap Growth	13.22%	5.14%	13.76%	32.11%	-
Enterprise Value	66,725	62,812	55,287	44,727	37,335
Last Close Price	113100.00	110200.00	112143.05	107279.22	105567.52
PE Ratio	16.84	17.48	19.24	21.20	18.48
PS Ratio	8.31	8.09	9.38	10.57	9.98
PB Ratio	1.08	1.05	1.13	1.17	1.26
P/OCF Ratio	11.22	10.93	13.64	19.17	11.50
EV/Sales Ratio	15.46	14.56	15.62	16.19	16.86
EV/EBITDA Ratio	22.77	21.43	22.71	23.68	24.97
EV/EBIT Ratio	27.10	25.51	27.00	27.94	28.26
Debt / Equity Ratio	0.99	0.99	0.93	0.94	0.89
Debt / EBITDA Ratio	11.15	11.15	11.21	12.39	10.43
Asset Turnover	0.07	0.07	0.07	0.07	-
Quick Ratio	0.29	0.29	0.29	0.13	0.23
Current Ratio	0.67	0.67	0.93	0.42	0.60
Return on Equity (ROE)	6.39%	6.39%	6.35%	6.46%	-
Return on Assets (ROA)	2.44%	2.44%	2.36%	2.38%	-
Return on Capital (ROIC)	2.51%	2.51%	2.44%	2.45%	-
Earnings Yield	5.57%	5.72%	5.20%	4.72%	5.41%
Payout Ratio	92.14%	92.14%	93.92%	81.77%	36.04%
Buyback Yield / Dilution	-14.20%	-14.20%	-24.23%	-18.22%	-

Updated Mar 18, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.