Company Valuation: Japan Logistics Fund, Inc.

Data adjusted to current consolidation scope
Fiscal Period: January 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 287,813 276,557 253,895 248,318 277,637 278,461 - -
Change - -3.91% -8.19% -2.2% 11.81% 0.3% - -
Enterprise Value (EV) 1 388,809 383,259 358,308 351,264 382,437 384,310 382,637 380,785
Change - -1.43% -6.51% -1.97% 8.87% 0.49% -0.44% -0.48%
P/E 34.6x 29x 26.3x 23.4x 22.2x 23.2x 22.9x 22.3x
PBR 2.14x 1.93x 1.78x 1.76x 1.97x 2.04x 2.04x 2.05x
PEG - 2.6x 17.54x 2x 1.2x -13.01x 18.71x 7.29x
Capitalization / Revenue 15.6x 14x 12.5x 11.6x 11.8x 16.2x 13.2x 12.9x
EV / Revenue 21.1x 19.4x 17.7x 16.4x 16.2x 22.4x 18.1x 17.6x
EV / EBITDA 30.2x 26.9x 25x 22.9x 22.4x 25.2x 24.5x 24.5x
EV / EBIT 42.6x 36.8x 34x 30.3x 28.5x 34.6x 30.9x 30x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 3,224 3,397 3,458 10,878 4,450 4,640 4,618 4,799
Rate of return 3.04% 3.44% 3.8% 12.1% 4.4% 4.47% 4.45% 4.63%
EPS 2 3,065 3,402 3,453 3,848 4,546 4,465 4,520 4,658
Distribution rate 105% 99.8% 100% 283% 97.9% 104% 102% 103%
Net sales 1 18,424 19,769 20,287 21,453 23,586 17,152 21,158 21,619
EBITDA 1 12,894 14,242 14,327 15,341 17,072 15,230 15,603 15,563
EBIT 1 9,122 10,414 10,540 11,599 13,415 11,108 12,401 12,689
Net income 1 8,321 9,518 9,672 10,724 12,505 12,229 12,387 12,765
Net Debt 1 100,995 106,701 104,413 102,946 104,800 105,849 104,176 102,324
Reference price 2 106,000.00 98,700.00 90,933.33 89,900.00 101,100.00 103,700.00 103,700.00 103,700.00
Nbr of stocks (in thousands) 2,715 2,802 2,792 2,762 2,746 2,746 - -
Announcement Date 16/03/22 14/03/23 15/03/24 12/03/25 17/03/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.23x22.77x25.65x4.47% 1.74B
43.68x19.82x24.63x2.94% 136B
24.17x19.61x22.41x1.03% 41.44B
35.1x16.43x23.23x3.05% 11.19B
25.34x14.16x20.69x3.05% 8.66B
429.89x11.06x15.61x4.53% 8.6B
36.03x11.97x16.26x3.98% 7.5B
36.88x16.81x25.6x2.96% 7.63B
23.25x13.33x18.67x4.49% 7.35B
8.77x19.73x22.29x4.92% 6.16B
Average 68.63x 16.57x 21.50x 3.54% 23.6B
Weighted average by Cap. 51.10x 18.57x 23.23x 2.82%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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