TYO/3481 (TYO/3481)

Tokyo Stock Exchange: TYO/3481 · JPY

¥105,400

-2096.18 (-1.9%)· Recorded snapshot

Market cap	156.5B
Revenue (ttm)	16.9B
Net income (ttm)	8.1B
EPS (ttm)	¥5,485
Shares out	1.5M
P/E (trailing)	19.2x
Dividend	¥5,873 (5.57%)
Volume	5,708
Beta	0.24

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 16.9B
Net income (ttm): 8.1B
EPS (ttm): ¥5,485
P/E (trailing): 19.2x
Market cap: 156.5B

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/En/a

P25 n/aP50 n/aP75 n/a

Trailing P/E19.2

P25 n/aP50 n/aP75 n/a

ROE5.2

P25 n/aP50 n/aP75 n/a

ROIC3.3

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All TYO/3481 indicators

Market & fundamental data

Available fields

208

Groups with data

Currency

JPY

Showing 208 of 208 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	JPY
Country	Japan
Country code	JP
Earnings date	2026-10-19
Enterprise value	JPY 274.7B
Exchange	Tokyo Stock Exchange
Financial currency	JPY
Financial report date	2026-08-31
First seen	2026-05-10
Fiscal year end	August
Founded	2016
Industry	REIT - Industrial
Is primary listing	Yes
ISIN number	JP3048480002
Last earnings date	2026-10-19
Last refreshed	2026-10-28
Last stock split date	2025-02-27
Last stock split type	Forward
Market cap	JPY 156.5B
Next earnings date	2026-11-26
Price	JPY 105,400.00
Price currency	JPY
Sector	Real Estate
SIC code	6798
Stock price date	2026-10-28
Symbol	tyo/3481
Website	https://www.mel-reit.co.jp

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Average P/E ratio (10Y)	31.15x
Average P/E ratio (3Y)	22.41x
Average P/E ratio (5Y)	27.6x
Earnings yield	5.2%
EV/Earnings	33.72x
EV/EBIT	30.14x
EV/EBITDA	23.01x
EV/Sales	16.23x
Graham number	113903.91066
Graham upside	8.07%
Industry P/E	20.72x
Lynch fair value	JPY 70,363.57
Lynch upside	-33.24%
P/B ratio	1x
P/E ratio	19.22x
P/OCF ratio	10.96x
P/S ratio	9.25x
Price / tangible book value	1x
Price/EBITDA ratio	13.11x
Sector P/E	13.74x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	53.85%
EBITDA margin	70.52%
Effective tax rate	0.02%
Gross margin	56.94%
Operating margin	53.85%
Pretax margin	48.14%
Profit margin	48.13%
Profitable quarters	20
Profitable years	10
ROA	1.98%
ROA (5Y)	1.97%
ROCE	3.34%
ROE	5.21%
ROE (5Y)	4.99%
ROIC	3.27%
ROIC (5Y)	3.25%
Tax / revenue	0.01%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	-4.03%
EPS growth (Q)	13.63%
EPS growth (QoQ)	10.99%
EPS growth 3Y	5.51%
EPS growth 5Y	6.38%
EPS growth quarters	1
EPS growth years	0
Net income growth	-5.29%
Net income growth (Q)	12.57%
Net income growth (QoQ)	10.99%
Net income growth 3Y	5.49%
Net income growth 5Y	12.83%
Net income growth quarters	1
Net income growth years	0
OCF growth	2.4%
OCF growth (Q)	82.81%
OCF growth (QoQ)	36.32%
OCF growth 3Y	5.38%
OCF growth 5Y	18.62%
Revenue growth	-1.31%
Revenue growth (Q)	9.09%
Revenue growth (QoQ)	7.59%
Revenue growth 3Y	4.91%
Revenue growth 5Y	13.07%
Revenue growth quarters	1
Revenue growth years	9

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
EBIT	JPY 9.1B
EBITDA	JPY 11.9B
EPS	JPY 5,485.00
Financing cash flow	JPY -8.4B
Gross profit	JPY 9.6B
Income taxes	JPY 1.8M
Investing cash flow	JPY -5.5B
Net cash flow	JPY 436.3M
Net income	JPY 8.1B
Operating income	JPY 9.1B
Revenue	JPY 16.9B

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Book value per share	JPY 105,127.91
Debt / EBITDA	10.29
Debt / equity	0.79
Interest coverage	9.37
Net cash (debt)	JPY -118.1B
Net cash / market cap	-75.48%
Net debt / EBITDA	9.9
Net debt / equity	0.76
Piotroski F-Score	5
Property, plant and equipment	JPY 271.5B
Shareholders' equity	JPY 156.1B
Tangible book value	JPY 156.1B
Tangible book value per share	JPY 105,123.86
Total assets	JPY 287.4B
Total cash	JPY 4.6B
Total debt	JPY 122.8B
Total liabilities	JPY 131.3B
WACC	3.46%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.06
Current ratio	0.94
Net working capital	JPY 6.4B
Quick ratio	0.32
Working capital	JPY -883.1M

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	1.31%
Dividend growth	-51.81%
Dividend growth (3Y)	4.92%
Dividend growth (5Y)	5.94%
Dividend growth years	7
Dividend payment date	2026-11-24
Dividend payment years	9
Dividend payout frequency	Semi-Annual
Dividend per share	JPY 5,873.00
Dividend yield	5.57%
Ex-dividend date	2026-08-28
Last dividend	JPY 3,117.00
Payout ratio	103.26%
Shareholder yield	6.88%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
150-day SMA	JPY 119,048.00
1D price change	-1.95%
1M price change	-6.23%
1M total return	-6.23%
1W price change	-1.03%
1W total return	-1.03%
1Y price change	-15.27%
1Y return CAGR	-11.13%
1Y total return	-11.12%
20-day SMA	JPY 107,785.00
200-day SMA	JPY 122,341.50
3M price change	-15.61%
3M total return	-13.36%
3Y price change	-17.76%
3Y return CAGR	-1.63%
3Y total return	-4.82%
50-day SMA	JPY 112,220.00
50-day SMA vs 200-day SMA	50under200
52-week high	JPY 138,400.00
52-week high date	2026-01-19
52-week low	JPY 105,000.00
52-week low date	2026-10-20
5Y price change	-35.14%
5Y return CAGR	-4.24%
5Y total return	-19.46%
6M price change	-14.66%
6M total return	-12.38%
All-time high	JPY 176,666.67
All-time high date	2021-12-29
All-time low	JPY 77,700.00
All-time low date	2018-12-25
Average true range (ATR)	JPY 1,417.88
Average volume	4.3K
Beta (1Y)	0.14
Beta (2Y)	0.19
Beta (5Y)	0.24
Change from 52-week high	-23.84%
Change from 52-week low	0.38%
Change from all-time high	-40.34%
Change from all-time low	35.65%
Change from open	-1.95%
Day's gap	0%
Dollar volume	JPY 601.6M
High price	JPY 107,500.00
Low price	JPY 105,400.00
Monthly RSI	32.2
Open price	JPY 107,500.00
Position in 52-week range	0%
Previous close	JPY 107,500.00
Price vs 150-day SMA	-11.46%
Price vs 20-day SMA	-2.21%
Price vs 200-day SMA	-13.85%
Price vs 50-day SMA	-6.08%
Relative volume	1.37
RSI	30.99
Sharpe ratio	-0.92
Sharpe ratio (3Y)	-0.33
Sharpe ratio (5Y)	-0.52
Sortino ratio	-0.82
Sortino ratio (3Y)	-0.06
Sortino ratio (5Y)	-0.37
Volume	5.7K
Weekly RSI	22.55
YTD price change	-20.69%
YTD total return	-16.8%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	1.4M
Shares change (QoQ)	0%
Shares change (YoY)	-1.31%
Shares held by institutions	52.14%
Shares outstanding	1.5M

Deeper analysis on TYO/3481

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Frequently asked questions

About this TYO/3481 report

Is a complete TYO/3481 research report available?

No complete published report is available for tyo/3481 (TYO/3481) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

TYO/3481 (TYO/3481)

Price

Financial snapshot

Fair-value bridge

Latest news · TYO/3481

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All TYO/3481 indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on TYO/3481

Frequently asked questions