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← CockpitCompetitor Analysis › 2972.T SANKEI REAL ESTATE Inc.Open in the cockpit ↗

SANKEI REAL ESTATE Inc.2972.TCompetitor analysis, valuation and peers

Japan · JPY·Real Estate›Real Estate Investment Trusts
Momentum leader 84
Mkt cap
$383M
US dollars, full cap
Free float
61%
of shares outstanding
$/day
$2.71M
20-day average traded
P/B
1.28×
price to book
ROE
-4.7%
delivered
Implied ROE
5.0%
what the price asks
Next earnings
173 days
28 Apr 2027
Close · JPY¥129,300
1D-1.1%
1W+3.6%
1M+3.1%
3M+20.9%
6M+3.8%
YTD+24.4%
1Y+28.1%
ATR %0.8%
52w lowhigh3.5% off high

What SANKEI REAL ESTATE does

No business profile yet.

SANKEI REAL ESTATE at a glance

Size SANKEI REAL ESTATE (2972.T) is a Japan Real Estate company (Real Estate Investment Trusts) with a market value of $383M, the 1208th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥129,300 on 6 Nov 2026.

Performance Over six months the shares gained 3.8%, against -10.8% for the median peer and +1.8% for the Japan market (cap-weighted) — 3rd highest of 20 in its peer set.

Growth Revenue fell 15.0% over the last twelve months (peer median +2.1%); the operating margin is 55.9% (peer median 46.9%).

Valuation It trades at 1.28× book value against a peer median of 0.87× (4th most expensive of 21).

Price implies The share price implies a return on equity of about 5.0%; SANKEI REAL ESTATE delivers -4.7%, so the price asks more than the business earns today.

Next results Next results expected around 28 Apr 2027 (exchange calendar; dates can move).

Relative performance

9010011 May 202611 Aug 20266 Nov 20262972.T 103Peer median 90
Six months, rebased to 100: SANKEI REAL ESTATE against the median of its 20 peers (local-currency closes).

SANKEI REAL ESTATE financials

Reported figures in JPY; fiscal year ends 2026-08-31. TTM = trailing twelve months.
TTMFY2026FY2025FY2024FY2023
Revenue¥6.61B¥6.61B¥7.78B¥38.9B¥5.64B
Revenue growth—-15%-80%+590%—
Gross profit¥3.84B¥3.84B¥2.88B¥2.74B¥2.68B
EBITDA¥4.33B¥4.33B¥3.35B¥3.17B¥3.20B
Net income-¥2.29B-¥2.29B¥2.25B¥2.14B¥2.21B
Free cash flow¥3.52B¥3.52B¥5.64B¥8.56B-¥4.26B
Capital expenditure¥277M¥277M¥193M¥27.8B¥7.15B
Total debtn/a¥49.5B¥50.2B¥50.2B¥57.0B

Quarterly statements and history in the cockpit →

SANKEI REAL ESTATE competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%+20%-10%0%+10%INEACOFRWTNSIHABAPRV-UNFPIILPTSELERBSRT-UN29793459ARMXRNBRSPNXRTNXR-UNPLZ-UN2972.T6-month return →1-month return →
Up and to the right = strong over both horizons. SANKEI REAL ESTATE is the large dot.

Fundamentals: return on equity against price-to-book

-10%0%10%0.50×10×1.50×INEACOFRWTNSIHABAPRV-UNFPIILPTSELERBSRT-UN29793459ARMSEITINVITXRNBRSPNXRTNXR-UNPLZ-UN1807012972.TReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. SANKEI REAL ESTATE is the large dot.

Capital: ROE delivered against the ROE the price implies

-10%0%10%-10%0%10%INEACOFRWTNSIPRV-UNFPIILPTSELER29793459ARMSEITINVITXRNNXRTPLZ-UN2972.TROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. SANKEI REAL ESTATE is the large dot.

SANKEI REAL ESTATE competitors and peer comparison

How SANKEI REAL ESTATE compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

SANKEI REAL ESTATE against its 20 peers (data as of 6 Nov 2026)
Measure2972.TPeer medianRank in peer set
1-month return+3.1%-2.5%5th highest of 21
6-month return+3.8%-10.8%3rd highest of 20
Return on equity-4.7%3.8%3rd lowest of 21
Price / book1.28×0.87×4th most expensive of 21
ROE the price implies5.0%7.2%5th least demanding of 21
ROE delivered-4.7%3.8%3rd lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
SANKEI REAL ESTATE 2972.TJapan$383M+4%-15%-5%1.28×5.0%-4.7%
Fonciere INEA INEA.PAFrance$382M-11%-1%1%0.68×5.3%0.5%
Centuria Office REIT COF.AXAustralia$375M-3%-1%6%0.55×7.4%5.6%
Redwood Trust RWTUnited States$392M-44%-9%-4%0.44×7.2%-4.0%
Nsi NSI.ASNetherlands$394M+1%-4%-2%0.54×4.5%-2.5%
Hamborner REIT HABA.DEGermany$370M-19%-4%-2%0.97×6.3%-2.2%
PRO Real Estate Investment Trust PRV-UN.TOCanada$397M+6%+8%7%0.96×9.1%7.2%
Farmland Partners FPIUnited States$369M-17%-6%2%0.87×8.1%2.2%
Industrial Logistics Properties Trust ILPTUnited States$397M-27%+4%-12%0.94×16.7%-12.2%
Selectirente SELER.PAFrance$367M-7%+2%5%0.88×6.0%5.0%
BSR Real Estate Investment Trust BSRT-UN.TOCanada$405M-10%-17%3%0.68×6.8%3.2%
SOSiLA Logistics REIT,Inc 2979.TJapan$407M-28%0%5%0.82×4.3%4.7%
Samty Residential Investment 3459.TJapan$411M-27%+13%6%0.77×4.0%6.1%
Arima Real Estate SOCIMI ARM.MCSpain$356M-6%+210%8%0.91×5.4%7.7%
Sustainable Energy Infra Trust SEITINVIT.NSIndia$415Mn/a+6%4%1.44×26.6%3.7%
Chiron Real Estate XRNUnited States$416M-16%+4%10%0.87×9.5%10.0%
BrightSpire Capital BRSPUnited States$416M-44%+2%2%0.47×7.2%2.1%
NexPoint Residential Trust NXRTUnited States$417M-46%+1%-14%1.85×17.3%-13.6%
Nexus Industrial REIT NXR-UN.TOCanada$418M-1%+2%5%0.71×9.0%4.9%
Plaza Retail REIT PLZ-UN.TOCanada$419M+19%+3%11%1.01×7.7%11.1%
Yinhua Shaoxing Yuanshui Water Conservancy REIT 180701.SZChina$348M-8%+290%4%1.43×4.3%3.8%

Questions

Which companies are SANKEI REAL ESTATE's closest peers?
The cockpit's peer set: Fonciere INEA (INEA.PA), Centuria Office REIT (COF.AX), Redwood Trust (RWT), Nsi (NSI.AS), Hamborner REIT (HABA.DE), PRO Real Estate Investment Trust (PRV-UN.TO), Farmland Partners (FPI), Industrial Logistics Properties Trust (ILPT).
Is SANKEI REAL ESTATE expensive compared with its peers?
On price / book it trades at 1.28× against a peer median of 0.87×, 4th most expensive of 21 in its peer set. The share price implies a return on equity of about 5.0%; SANKEI REAL ESTATE delivers -4.7%, so the price asks more than the business earns today.
How has SANKEI REAL ESTATE stock performed?
Over six months to 6 Nov 2026 the shares returned +3.8% against -10.8% for the median peer; over one year +28.1%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.