TYO/3234 (TYO/3234)

Tokyo Stock Exchange: TYO/3234 · JPY

¥117,000

-1805.85 (-1.5%)· Recorded snapshot

Market cap	219.9B
Revenue (ttm)	22.7B
Net income (ttm)	11.9B
EPS (ttm)	¥6,358
Shares out	1.9M
P/E (trailing)	18.4x
Dividend	¥6,200 (5.30%)
Volume	4,640
Beta	0.14

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 22.7B
Net income (ttm): 11.9B
EPS (ttm): ¥6,358
P/E (trailing): 18.4x
Market cap: 219.9B

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/E18.4

P25 n/aP50 n/aP75 n/a

ROE5.9

P25 n/aP50 n/aP75 n/a

ROIC3.5

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All TYO/3234 indicators

Market & fundamental data

Available fields

213

Groups with data

Currency

JPY

Showing 213 of 213 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	2026-12-15
Enterprise value	JPY 404.4B
Exchange	Tokyo Stock Exchange
Financial currency	JPY
Financial report date	2026-07-31
First seen	2026-05-10
Fiscal year end	January
Founded	2006
Industry	REIT - Diversified
Is primary listing	Yes
ISIN number	JP3046470005
Last earnings date	2026-09-14
Last refreshed	2026-10-28
Last stock split date	2014-01-29
Last stock split type	Forward
Market cap	JPY 219.9B
Next earnings date	2026-12-15
Price	JPY 117,000.00
Price currency	JPY
Sector	Real Estate
SIC code	6798
Stock price date	2026-10-28
Symbol	tyo/3234
Website	https://www.mori-hills-reit.co.jp

Valuation

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

Metric	Value
Average P/E ratio (10Y)	24.44x
Average P/E ratio (3Y)	20.73x
Average P/E ratio (5Y)	22.03x
Earnings yield	5.43%
EV/Earnings	33.9x
EV/EBIT	29.8x
EV/EBITDA	25.6x
EV/Sales	17.81x
Graham number	123960.35315
Graham upside	5.95%
Industry P/E	18.14x
Lynch fair value	JPY 31,791.95
Lynch upside	-72.83%
P/B ratio	1.09x
P/E ratio	18.4x
P/OCF ratio	12.85x
P/S ratio	9.69x
Price / tangible book value	1.28x
Price/EBITDA ratio	13.92x
Sector P/E	13.61x

Profitability

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

Metric	Value
EBIT margin	59.78%
EBITDA margin	69.59%
Effective tax rate	0.01%
Gross margin	61.7%
Operating margin	59.78%
Pretax margin	52.56%
Profit margin	52.56%
Profitable quarters	3
Profitable years	20
ROA	2.07%
ROCE	3.57%
ROE	5.86%
ROIC	3.46%
Tax / revenue	0.01%

Growth

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

Metric	Value
EPS growth	-0.95%
EPS growth (Q)	-3.72%
EPS growth (QoQ)	-5.87%
EPS growth 10Y	2.28%
EPS growth 3Y	-1.7%
EPS growth 5Y	1.74%
EPS growth years	1
Net income growth	-2.66%
Net income growth (Q)	-4.7%
Net income growth (QoQ)	-5.18%
Net income growth 3Y	-2.39%
Net income growth 5Y	1.35%
Net income growth years	1
OCF growth	6.71%
OCF growth (Q)	-6.27%
OCF growth (QoQ)	-14.87%
OCF growth 10Y	6.1%
OCF growth 3Y	-1.83%
OCF growth 5Y	4.41%
Revenue growth	2.66%
Revenue growth (Q)	0.91%
Revenue growth (QoQ)	-3.89%
Revenue growth 10Y	4.59%
Revenue growth 3Y	0.44%
Revenue growth 5Y	2.97%
Revenue growth quarters	3
Revenue growth years	1

Financial statements

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

Metric	Value
EBIT	JPY 13.6B
EBITDA	JPY 15.8B
EPS	JPY 6,358.39
Financing cash flow	JPY -10.1B
Gross profit	JPY 14B
Income taxes	JPY 1.8M
Investing cash flow	JPY -10.7B
Net cash flow	JPY -3.8B
Net income	JPY 11.9B
Operating income	JPY 13.6B
Revenue	JPY 22.7B

Financial strength

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

Metric	Value
Book value per share	JPY 107,407.84
Debt / EBITDA	12.07
Debt / equity	0.94
Interest coverage	9.19
Net cash (debt)	JPY -184.5B
Net cash / market cap	-83.92%
Net debt / EBITDA	11.68
Net debt / equity	0.91
Piotroski F-Score	4
Property, plant and equipment	JPY 366B
Shareholders' equity	JPY 201.9B
Tangible book value	JPY 171.2B
Tangible book value per share	JPY 91,095.95
Total assets	JPY 411.2B
Total cash	JPY 6.1B
Total debt	JPY 190.6B
Total liabilities	JPY 209.3B
WACC	3.05%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.06
Current ratio	0.36
Net working capital	JPY 2.3B
Quick ratio	0.2
Working capital	JPY -19.6B

Dividends and buybacks

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

Metric	Value
Buyback yield / dilution	1.73%
Dividend growth	0.49%
Dividend growth (10Y)	2.03%
Dividend growth (3Y)	-1.01%
Dividend growth (5Y)	1.27%
Dividend growth years	0
Dividend payment date	2026-10-21
Dividend payment years	20
Dividend payout frequency	Semi-Annual
Dividend per share	JPY 6,200.00
Dividend yield	5.3%
Ex-dividend date	2026-07-30
Last dividend	JPY 3,100.00
Payout ratio	97.83%
Shareholder yield	7.03%

Performance and technicals

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

Metric	Value
10Y price change	-20.57%
10Y return CAGR	1.81%
10Y total return	19.67%
150-day SMA	JPY 128,481.33
15Y price change	125.35%
15Y return CAGR	9.86%
15Y total return	309.64%
1D price change	-1.52%
1M price change	-3.86%
1M total return	-3.86%
1W price change	0.6%
1W total return	0.6%
1Y price change	-20.95%
1Y return CAGR	-17.38%
1Y total return	-17.37%
20-day SMA	JPY 118,355.00
200-day SMA	JPY 133,146.00
3M price change	-12.82%
3M total return	-10.79%
3Y price change	-17.78%
3Y return CAGR	-1.81%
3Y total return	-5.35%
50-day SMA	JPY 122,932.00
50-day SMA vs 200-day SMA	50under200
52-week high	JPY 151,800.00
52-week high date	2025-11-28
52-week low	JPY 115,300.00
52-week low date	2026-10-22
5Y price change	-24.08%
5Y return CAGR	-1.02%
5Y total return	-4.99%
6M price change	-13.72%
6M total return	-11.71%
All-time high	JPY 292,000.00
All-time high date	2007-05-08
All-time low	JPY 33,640.00
All-time low date	2010-08-12
Average true range (ATR)	JPY 1,591.51
Average volume	4.8K
Beta (1Y)	0.14
Beta (2Y)	0.17
Beta (5Y)	0.14
Change from 52-week high	-22.92%
Change from 52-week low	1.47%
Change from all-time high	-59.93%
Change from all-time low	247.8%
Change from open	-1.27%
Day's gap	-0.25%
Dollar volume	JPY 542.9M
High price	JPY 118,600.00
Low price	JPY 116,500.00
Monthly RSI	31.31
Open price	JPY 118,500.00
Position in 52-week range	23.81%
Previous close	JPY 118,800.00
Price vs 150-day SMA	-8.94%
Price vs 20-day SMA	-1.14%
Price vs 200-day SMA	-12.13%
Price vs 50-day SMA	-4.83%
Relative volume	0.99
RSI	37.72
Sharpe ratio	-1.37
Sharpe ratio (3Y)	-0.43
Sharpe ratio (5Y)	-0.32
Sortino ratio	-1.39
Sortino ratio (3Y)	-0.17
Sortino ratio (5Y)	-0.06
Volume	4.6K
Weekly RSI	26.06
YTD price change	-21.48%
YTD total return	-17.92%

Ownership and float

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

Metric	Value
Float	1.4M
Shares change (QoQ)	0.73%
Shares change (YoY)	-1.73%
Shares held by institutions	47.19%
Shares outstanding	1.9M

Deeper analysis on TYO/3234

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

Forecast

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

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Valuation

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

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Sensitivity

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

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Risks

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

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Earnings

Next earnings setup and beat / inline / miss thresholds.

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Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

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Financials

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

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Peers

Relative valuation and profitability against the cohort.

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Moat

Economic-profit evidence and competitive advantage risk.

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Industry cycle

Sector phase, capital cycle, and secular tailwinds.

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Frequently asked questions

About this TYO/3234 report

Is a complete TYO/3234 research report available?

No complete published report is available for tyo/3234 (TYO/3234) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

TYO/3234 (TYO/3234)

Price

Financial snapshot

Fair-value bridge

Latest news · TYO/3234

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All TYO/3234 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/3234

Frequently asked questions