Tokaido REIT Ratios and Metrics

Market cap in millions JPY. Fiscal year is February - January.

Millions JPY. Fiscal year is Feb - Jan.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	May '25 May 22, 2025	Jan '25 Jan 31, 2025	Jul '24 Jul 31, 2024	Jul '23 Jul 31, 2023	Jul '22 Jul 31, 2022
Market Capitalization	32,892	28,759	33,213	29,197	22,100
Market Cap Growth	-4.75%	-13.41%	13.76%	32.11%	-
Enterprise Value	60,783	55,152	55,287	44,727	37,335
Last Close Price	103800.00	103300.00	115626.27	110611.36	108846.50
PE Ratio	15.57	15.50	18.17	18.02	18.48
PS Ratio	8.19	7.16	8.74	9.03	9.98
PB Ratio	1.12	0.98	1.13	1.17	1.26
P/OCF Ratio	13.13	11.48	14.99	17.34	11.50
EV/Sales Ratio	15.13	13.73	14.55	13.84	16.86
EV/EBITDA Ratio	23.20	21.05	21.10	19.76	24.97
EV/EBIT Ratio	27.81	25.23	25.15	23.15	28.26
Debt / Equity Ratio	0.99	0.99	0.93	0.94	0.89
Debt / EBITDA Ratio	11.05	11.05	10.42	10.34	10.43
Asset Turnover	0.07	0.07	0.07	0.08	-
Quick Ratio	0.22	0.22	0.29	0.13	0.23
Current Ratio	0.68	0.68	0.93	0.42	0.60
Return on Equity (ROE)	6.83%	6.83%	6.72%	7.60%	-
Return on Assets (ROA)	2.49%	2.49%	2.54%	2.87%	-
Return on Capital (ROIC)	2.57%	2.57%	2.61%	2.96%	-
Earnings Yield	5.64%	6.45%	5.50%	5.55%	5.41%
Payout Ratio	98.38%	98.38%	88.84%	70.00%	36.04%
Buyback Yield / Dilution	-14.80%	-	-14.80%	-36.75%	-

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