- Investing.com
Fukuoka REIT Corporation (securities code: 8968) is the first region-specific REIT in Japan. With our strength in knowing the local characteristics of real estate, which is a very regional-specific business, Fukuoka REIT manages a portfolio centering on superior design entertainment retail facilities and Class A office buildings in the entire Kyushu region centering on Fukuoka, as well as Yamaguchi and Okinawa. Fukuoka REIT was registered by Prime Minister, based on Article 187 of the Investment Trusts and Investment Corporations Law in August 2004 and listed on the Tokyo Stock Exchange and Fukuoka Stock Exchange on June 21, 2005. Its real estate management, acquisition arrangements of new properties, fundraising and other operations are contracted to its asset manager, Fukuoka Realty Co., Ltd.
Metrics to compare | 8968 | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship Relationship8968PeersSector | |
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P/E Ratio | 21.2x | 20.5x | 7.6x | |
PEG Ratio | 3.30 | −0.77 | 0.01 | |
Price/Book | 1.3x | 1.2x | 0.9x | |
Price / LTM Sales | 7.1x | 8.8x | 3.8x | |
Upside (Analyst Target) | 14.9% | 11.8% | 11.0% | |
Fair Value Upside | Unlock | −10.0% | 0.8% | Unlock |