Company Valuation: CRE Logistics REIT, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 66,532 127,735 103,735 97,482 85,819 104,296
Change - 91.99% -18.79% -6.03% -11.96% 21.53%
Enterprise Value (EV) 1 107,229 186,866 161,516 167,318 154,900 172,597
Change - 74.27% -13.57% 3.59% -7.42% 11.42%
P/E 26.2x 35.1x 19.3x 22.8x 39x 46.7x
PBR 1.3x 1.62x 1.35x 1.15x 1.02x 1.26x
PEG - 4.74x 0.4x -0.8x -0.8x 19.79x
Capitalization / Revenue 14.4x 18.9x 10.8x 11.1x 18.3x 21.9x
EV / Revenue 23.1x 27.7x 16.8x 19.1x 33.1x 36.2x
EV / EBITDA 30.3x 36.7x 22.3x 26.6x 46.7x 50.6x
EV / EBIT 40.1x 48x 27.2x 34.7x 60.8x 65.3x
EV / FCF -2.89x - - - 76.8x 76.7x
FCF Yield -34.6% - - - 1.3% 1.3%
Dividend per Share 2 - - 9,851 - 7,440 7,706
Rate of return - - 5.36% - 5.41% 4.57%
EPS 2 6,001 6,445 9,510 6,824 3,524 3,607
Distribution rate - - 104% - 211% 214%
Net sales 1 4,633 6,755 9,630 8,765 4,679 4,762
EBITDA 1 3,536 5,085 7,245 6,287 3,314 3,408
EBIT 1 2,674 3,891 5,944 4,819 2,549 2,645
Net income 1 2,267 3,320 5,370 4,173 2,210 2,230
Net Debt 1 40,697 59,131 57,780 69,836 69,081 68,301
Reference price 2 157,100.00 226,200.00 183,700.00 155,300.00 137,500.00 168,600.00
Nbr of stocks (in thousands) 424 565 565 628 624 619
Announcement Date 30/03/21 30/03/22 23/03/23 26/03/24 24/03/25 24/03/26
1JPY in Million2JPY
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 480M
34.07x18.19x22.83x3.34% 122B
33.24x14.69x18.87x4.14% 70.46B
37.77x14.9x15.4x5.73% 53.7B
18.5x15.6x17.81x1.12% 38.84B
14x22.71x27.43x3.59% 16.54B
28.53x11.15x15.29x4.42% 16.29B
8.24x11.94x14.63x6.06% 14.69B
18.27x16.28x23.88x5.27% 14.23B
29.92x11.35x16.61x4.07% 13.63B
Average 24.73x 15.20x 19.19x 4.19% 36.05B
Weighted average by Cap. 29.77x 16.03x 19.75x 3.89%

Y-o-Y evolution of P/E

Valuation ratios - P/E - CRE Logistics REIT, Inc.

Historical PBR trend

Valuation ratios - PBR - CRE Logistics REIT, Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - CRE Logistics REIT, Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - CRE Logistics REIT, Inc.

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