TYO/8966 (TYO/8966)

Tokyo Stock Exchange: TYO/8966 · JPY

¥124,800

-1095.29 (-0.9%)· Recorded snapshot

Market cap	167.7B
Revenue (ttm)	22.2B
Net income (ttm)	10.9B
EPS (ttm)	¥8,698
Shares out	1.3M
P/E (trailing)	14.3x
Dividend	¥8,070 (6.47%)
Volume	4,248
Beta	0.27

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 22.2B
Net income (ttm): 10.9B
EPS (ttm): ¥8,698
P/E (trailing): 14.3x
Market cap: 167.7B

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/E14.3

P25 n/aP50 n/aP75 n/a

ROE8.4

P25 n/aP50 n/aP75 n/a

ROIC4.6

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All TYO/8966 indicators

Market & fundamental data

Available fields

232

Groups with data

Currency

JPY

Showing 232 of 232 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	2027-01-18
Enterprise value	JPY 290.4B
Exchange	Tokyo Stock Exchange
Financial currency	JPY
Financial report date	2026-05-31
First seen	2026-05-10
Fiscal year end	May
Industry	REIT - Diversified
Is primary listing	Yes
ISIN number	JP3046220004
Last earnings date	2026-07-16
Last refreshed	2026-10-28
Last stock split date	2010-09-28
Last stock split type	Forward
Market cap	JPY 167.7B
Next earnings date	2027-01-18
Price	JPY 124,800.00
Price currency	JPY
Sector	Real Estate
SIC code	6798
Stock price date	2026-10-28
Symbol	tyo/8966
Website	https://www.heiwa-re.co.jp

Valuation

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

Metric	Value
Average P/E ratio (10Y)	22.59x
Average P/E ratio (3Y)	19x
Average P/E ratio (5Y)	21.84x
Earnings yield	6.97%
EV/Earnings	26.68x
EV/EBIT	23.02x
EV/EBITDA	19.45x
EV/FCF	54.11x
EV/Sales	13.06x
FCF / EV yield	1.85%
FCF yield	3.2%
Graham number	145107.25164
Graham upside	16.27%
Industry P/E	17.96x
Lynch fair value	JPY 103,866.43
Lynch upside	-16.77%
P/B ratio	1.25x
P/E ratio	14.35x
P/FCF ratio	31.25x
P/OCF ratio	8.73x
P/S ratio	7.54x
Price / tangible book value	1.25x
Price/EBITDA ratio	11.23x
Sector P/E	13.61x

Profitability

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

Metric	Value
EBIT margin	56.74%
EBITDA margin	67.14%
Effective tax rate	0.01%
FCF margin	24.14%
Gross margin	61.96%
Operating margin	56.74%
Pretax margin	48.96%
Profit margin	48.96%
Profitable quarters	29
Profitable years	14
ROA	2.88%
ROA (5Y)	2.44%
ROCE	4.76%
ROE	8.36%
ROE (5Y)	7.06%
ROIC	4.62%
ROIC (5Y)	4.08%
Tax / revenue	0%

Growth

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

Metric	Value
EPS growth	15.74%
EPS growth (Q)	11.09%
EPS growth (QoQ)	8.98%
EPS growth 10Y	8.13%
EPS growth 3Y	10.78%
EPS growth 5Y	7.1%
EPS growth quarters	3
EPS growth years	4
Net income growth	21.19%
Net income growth (Q)	16.29%
Net income growth (QoQ)	9.04%
Net income growth 3Y	15.17%
Net income growth 5Y	11.94%
Net income growth quarters	4
Net income growth years	4
OCF growth	31.87%
OCF growth (Q)	24.54%
OCF growth (QoQ)	11.85%
OCF growth 10Y	6.9%
OCF growth 3Y	22.51%
OCF growth 5Y	13.01%
Revenue growth	15.78%
Revenue growth (Q)	13.5%
Revenue growth (QoQ)	7.66%
Revenue growth 10Y	6.76%
Revenue growth 3Y	11.85%
Revenue growth 5Y	10%
Revenue growth quarters	1
Revenue growth years	4

Financial statements

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

Metric	Value
Capital expenditures	JPY -13.8B
EBIT	JPY 12.6B
EBITDA	JPY 14.9B
EPS	JPY 8,698.31
FCF per share	JPY 3,994.10
Financing cash flow	JPY 9.9B
Free cash flow	JPY 5.4B
Gross profit	JPY 13.8B
Income taxes	JPY 605,000
Investing cash flow	JPY -26.5B
Net cash flow	JPY 2.7B
Net income	JPY 10.9B
Operating income	JPY 12.6B
Revenue	JPY 22.2B

Financial strength

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

Metric	Value
Book value per share	JPY 107,587.25
Debt / EBITDA	9.29
Debt / equity	1.03
Debt / FCF	25.84
Interest coverage	7.68
Net cash (debt)	JPY -122.7B
Net cash / market cap	-73.17%
Net debt / EBITDA	8.22
Net debt / equity	0.91
Net debt / FCF	22.86
Piotroski F-Score	6
Property, plant and equipment	JPY 263.9B
Shareholders' equity	JPY 134.6B
Tangible book value	JPY 134.6B
Tangible book value per share	JPY 107,587.25
Total assets	JPY 285.7B
Total cash	JPY 16B
Total debt	JPY 138.7B
Total liabilities	JPY 151B
WACC	3.68%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.08
Current ratio	1.05
Net working capital	JPY 1.6B
Quick ratio	0.78
Working capital	JPY 1B

Dividends and buybacks

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

Metric	Value
Buyback yield / dilution	-4.71%
Dividend growth	2.82%
Dividend growth (10Y)	8.07%
Dividend growth (3Y)	7.48%
Dividend growth (5Y)	7.11%
Dividend growth years	13
Dividend payment date	2027-02-16
Dividend payment years	22
Dividend payout frequency	Semi-Annual
Dividend per share	JPY 8,070.00
Dividend yield	6.47%
Ex-dividend date	2026-11-27
FCF payout ratio	200.8%
Last dividend	JPY 4,030.00
Payout ratio	87.68%
Shareholder yield	1.76%

Performance and technicals

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

Metric	Value
10Y price change	56.98%
10Y return CAGR	9.49%
10Y total return	147.64%
150-day SMA	JPY 135,849.33
15Y price change	210.45%
15Y return CAGR	13.02%
15Y total return	526.79%
1D price change	-0.87%
1M price change	-4.07%
1M total return	-4.07%
1W price change	0.81%
1W total return	0.81%
1Y price change	-20.05%
1Y return CAGR	-15.65%
1Y total return	-15.64%
20-day SMA	JPY 125,085.00
200-day SMA	JPY 140,687.50
20Y price change	2.3%
20Y return CAGR	5.78%
20Y total return	207.72%
3M price change	-8.03%
3M total return	-8.03%
3Y price change	-12.73%
3Y return CAGR	0.92%
3Y total return	2.8%
50-day SMA	JPY 128,890.00
50-day SMA vs 200-day SMA	50under200
52-week high	JPY 164,100.00
52-week high date	2025-12-30
52-week low	JPY 122,800.00
52-week low date	2026-10-08
5Y price change	-20.96%
5Y return CAGR	0.15%
5Y total return	0.74%
6M price change	-15.33%
6M total return	-12.84%
All-time high	JPY 190,000.00
All-time high date	2007-06-05
All-time low	JPY 19,000.00
All-time low date	2008-10-17
Average true range (ATR)	JPY 1,444.59
Average volume	5K
Beta (1Y)	0.19
Beta (2Y)	0.2
Beta (5Y)	0.27
Change from 52-week high	-23.95%
Change from 52-week low	1.63%
Change from all-time high	-34.32%
Change from all-time low	556.84%
Change from open	-0.95%
Day's gap	0.08%
Dollar volume	JPY 530.2M
High price	JPY 126,400.00
Low price	JPY 124,500.00
Monthly RSI	37.47
Open price	JPY 126,000.00
Position in 52-week range	15.79%
Previous close	JPY 125,900.00
Price vs 150-day SMA	-8.13%
Price vs 20-day SMA	-0.23%
Price vs 200-day SMA	-11.29%
Price vs 50-day SMA	-3.17%
Relative volume	0.85
RSI	42.59
Sharpe ratio	-1.27
Sharpe ratio (3Y)	-0.23
Sharpe ratio (5Y)	-0.26
Sortino ratio	-1.29
Sortino ratio (3Y)	0.08
Sortino ratio (5Y)	-0.01
Volume	4.2K
Weekly RSI	30.3
YTD price change	-20.61%
YTD total return	-18.28%

Ownership and float

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

Metric	Value
Float	967.3K
Shares change (QoQ)	0.05%
Shares change (YoY)	4.71%
Shares held by insiders	13.52%
Shares held by institutions	51.35%
Shares outstanding	1.3M

Deeper analysis on TYO/8966

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/8966 report

Is a complete TYO/8966 research report available?

No complete published report is available for tyo/8966 (TYO/8966) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

TYO/8966 (TYO/8966)

Price

Financial snapshot

Fair-value bridge

Latest news · TYO/8966

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All TYO/8966 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/8966

Frequently asked questions