Daiwa House REIT Investment Corporation (TYO:8984)

TYO:8984 Statistics

Total Valuation

TYO:8984 has a market cap or net worth of JPY 597.22 billion. The enterprise value is 976.41 billion.

Market Cap	597.22B
Enterprise Value	976.41B

Important Dates

The last earnings date was Friday, October 17, 2025.

Earnings Date	Oct 17, 2025
Ex-Dividend Date	Feb 26, 2026

Share Statistics

TYO:8984 has 4.59 million shares outstanding. The number of shares has decreased by -0.93% in one year.

Current Share Class	4.59M
Shares Outstanding	4.59M
Shares Change (YoY)	-0.93%
Shares Change (QoQ)	-0.38%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	58.80%
Float	4.27M

Valuation Ratios

The trailing PE ratio is 21.19.

Price/FFO Ratio	n/a
Price/AFFO Ratio	n/a
PE Ratio	21.19
Forward PE	n/a
PS Ratio	9.95
PB Ratio	1.18
P/TBV Ratio	1.31
P/FCF Ratio	n/a
P/OCF Ratio	10.87
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	34.64
EV / Sales	16.26
EV / EBITDA	24.26
EV / EBIT	38.59
EV / FCF	n/a

Financial Position

The company has a current ratio of 0.82, with a Debt / Equity ratio of 0.81.

Current Ratio	0.82
Quick Ratio	0.50
Debt / Equity	0.81
Debt / EBITDA	10.21
Debt / FCF	n/a
Interest Coverage	7.83

Financial Efficiency

Return on equity (ROE) is 5.56% and return on invested capital (ROIC) is 1.71%.

Return on Equity (ROE)	5.56%
Return on Assets (ROA)	1.65%
Return on Invested Capital (ROIC)	1.71%
Return on Capital Employed (ROCE)	2.86%
Revenue Per Employee	n/a
Profits Per Employee	n/a
Employee Count	n/a
Asset Turnover	0.06
Inventory Turnover	n/a

Taxes

In the past 12 months, TYO:8984 has paid 2.87 million in taxes.

Income Tax	2.87M
Effective Tax Rate	0.01%

Stock Price Statistics

The stock price has increased by +12.65% in the last 52 weeks. The beta is 0.24, so TYO:8984's price volatility has been lower than the market average.

Beta (5Y)	0.24
52-Week Price Change	+12.65%
50-Day Moving Average	128,140.00
200-Day Moving Average	121,695.50
Relative Strength Index (RSI)	65.58
Average Volume (20 Days)	9,463

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, TYO:8984 had revenue of JPY 60.03 billion and earned 28.19 billion in profits. Earnings per share was 6,140.59.

Revenue	60.03B
Gross Profit	30.38B
Operating Income	25.30B
Pretax Income	28.19B
Net Income	28.19B
EBITDA	40.25B
EBIT	25.30B
Earnings Per Share (EPS)	6,140.59

Balance Sheet

The company has 31.77 billion in cash and 410.95 billion in debt, giving a net cash position of -379.19 billion or -82,602.81 per share.

Cash & Cash Equivalents	31.77B
Total Debt	410.95B
Net Cash	-379.19B
Net Cash Per Share	-82,602.81
Equity (Book Value)	504.94B
Book Value Per Share	109,998.18
Working Capital	-11.39B

Cash Flow

Operating Cash Flow	54.95B
Capital Expenditures	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Margins

Gross margin is 50.60%, with operating and profit margins of 42.14% and 46.95%.

Gross Margin	50.60%
Operating Margin	42.14%
Pretax Margin	46.96%
Profit Margin	46.95%
EBITDA Margin	67.05%
EBIT Margin	42.14%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 6,315.00, which amounts to a dividend yield of 4.82%.

Dividend Per Share	6,315.00
Dividend Yield	4.82%
Dividend Growth (YoY)	54.88%
Years of Dividend Growth	2
Payout Ratio	105.12%
Buyback Yield	0.93%
Shareholder Yield	5.82%
Earnings Yield	4.72%
FCF Yield	n/a

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on August 28, 2025. It was a forward split with a ratio of 2.

Last Split Date	Aug 28, 2025
Split Type	Forward
Split Ratio	2

Scores

Altman Z-Score	n/a
Piotroski F-Score	4