NTT UD REIT Investment Ratios and Metrics

Market cap in millions JPY. Fiscal year is November - October.

Millions JPY. Fiscal year is Nov - Oct.

Fiscal Year	Current	FY 2024	FY 2024	FY 2023	FY 2023	FY 2023	2018 - 2022
Period Ending	Jul '25 Jul 16, 2025	Oct '24 Oct 31, 2024	Apr '24 Apr 30, 2024	Oct '23 Oct 31, 2023	Apr '23 Apr 30, 2023	Oct '23 Oct 31, 2023	2018 - 2022
Market Capitalization	190,283	161,838	179,326	174,784	183,754	174,784	Upgrade
Market Cap Growth	9.88%	-9.75%	2.60%	-4.88%	5.13%	-4.88%	Upgrade
Enterprise Value	332,089	305,809	294,869	295,174	302,942	295,174	Upgrade
Last Close Price	129600.00	106657.19	115067.28	115840.07	118729.87	115840.07	Upgrade
PE Ratio	21.50	18.87	21.24	17.40	20.61	17.40	Upgrade
PS Ratio	7.43	6.81	7.81	7.13	8.00	7.13	Upgrade
PB Ratio	1.29	1.09	1.21	1.25	1.32	1.25	Upgrade
P/OCF Ratio	9.95	13.24	16.36	8.41	11.46	8.41	Upgrade
EV/Sales Ratio	12.97	12.86	12.85	12.03	13.19	12.03	Upgrade
EV/EBITDA Ratio	23.25	23.18	22.88	20.94	23.37	20.94	Upgrade
EV/EBIT Ratio	30.82	31.24	30.91	26.96	30.92	26.96	Upgrade
Debt / Equity Ratio	1.01	1.00	1.00	0.88	0.90	0.88	Upgrade
Debt / EBITDA Ratio	10.43	11.29	11.56	8.66	9.63	8.66	Upgrade
Asset Turnover	0.08	0.08	0.08	0.09	0.08	0.09	Upgrade
Quick Ratio	0.31	0.31	0.23	0.36	0.24	0.36	Upgrade
Current Ratio	0.87	0.94	0.82	1.00	0.85	1.00	Upgrade
Return on Equity (ROE)	6.03%	5.96%	5.88%	7.26%	6.41%	7.26%	Upgrade
Return on Assets (ROA)	2.17%	2.09%	2.02%	2.48%	2.19%	2.48%	Upgrade
Return on Capital (ROIC)	2.27%	2.19%	2.13%	2.61%	2.31%	2.61%	Upgrade
Earnings Yield	4.68%	5.30%	4.71%	5.75%	4.85%	5.75%	Upgrade
Dividend Yield	4.84%	5.43%	-	-	-	-	Upgrade
Payout Ratio	96.22%	102.13%	107.56%	83.70%	107.49%	83.70%	Upgrade
Buyback Yield / Dilution	0.23%	-0.02%	-5.70%	0.00%	0.00%	0.00%	Upgrade
Total Shareholder Return	5.07%	5.41%	-5.70%	-	-	-	Upgrade

Updated Jan 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.