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← CockpitCompetitor Analysis › 3287.T Hoshino Resorts REIT, Inc.Open in the cockpit ↗

Hoshino Resorts REIT, Inc.3287.TCompetitor analysis, valuation and peers

Japan · JPY·Real Estate›Real Estate Investment Trusts
Momentum weak 37
Mkt cap
$831M
US dollars, full cap
Free float
97%
of shares outstanding
$/day
$3.62M
20-day average traded
Fwd P/E
16.4×
forward earnings
ROIC−WACC
n/a
WACC 5.0%
Hurdle
n/a
no reverse DCF
Next earnings
45 days
21 Dec 2026
Close · JPY¥223,600
1D-3.0%
1W+2.4%
1M-2.0%
3M-7.3%
6M-11.4%
YTD-14.4%
1Y-15.0%
ATR %1.7%
52w lowhigh18.4% off high

What Hoshino Resorts REIT does

No business profile yet.

Hoshino Resorts REIT at a glance

Size Hoshino Resorts REIT (3287.T) is a Japan Real Estate company (Real Estate Investment Trusts) with a market value of $831M, the 827th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥223,600 on 6 Nov 2026.

Performance Over six months the shares fell 11.4%, against -6.3% for the median peer and +1.8% for the Japan market (cap-weighted) — 7th lowest of 21 in its peer set.

Growth Revenue grew 44.5% over the last twelve months (peer median +5.9%); the operating margin is 39.5% (peer median 56.9%).

Valuation It trades at 16.4× forward earnings against a peer median of 14.3× (6th most expensive of 18).

Next results Next results expected around 21 Dec 2026 (exchange calendar; dates can move).

Relative performance

909510011 May 202611 Aug 20266 Nov 2026Peer median 943287.T 91
Six months, rebased to 100: Hoshino Resorts REIT against the median of its 20 peers (local-currency closes).

Hoshino Resorts REIT financials

Reported figures in JPY; fiscal year ends 2025-10-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue¥23.4B¥21.7B¥15.3B¥12.7B¥11.3B
Revenue growth—+42%+20%+12%—
Gross profit¥9.63B¥8.22B¥6.64B¥5.70B¥4.95B
EBITDA¥13.4B¥12.0B¥10.1B¥8.80B¥7.80B
Net income¥7.55B¥6.35B¥5.07B¥4.52B¥3.73B
Free cash flow¥2.49B¥5.74B-¥27.0B-¥1.45B-¥13.8B
Capital expenditure¥14.3B¥12.4B¥35.3B¥12.9B¥25.2B
Total debtn/a¥99.1B¥95.9B¥84.3B¥74.6B

Quarterly statements and history in the cockpit →

Hoshino Resorts REIT 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

-10%0%0%+10%UIBUQ5TINDUSINVITINN89753296VITL-UNAU8UAPZARFPSTL330590CTOP40USCHLRSEBSGR-UNO5RUWKP3287.T6-month return →1-month return →
Up and to the right = strong over both horizons. Hoshino Resorts REIT is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%+40%20×40×Q5T89753296AU8UAPZARFPSTL330590CTOP40USEB3468O5RUWKP3287.TRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Hoshino Resorts REIT is the large dot.

Hoshino Resorts REIT competitors and peer comparison

How Hoshino Resorts REIT 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.

Hoshino Resorts REIT against its 20 peers (data as of 6 Nov 2026)
Measure3287.TPeer medianRank in peer set
1-month return-2.0%-0.7%7th lowest of 21
6-month return-11.4%-6.3%7th lowest of 21
Distance from 52-week high-18.4%-17.8%10th lowest of 21
Revenue growth (TTM)+44.5%+5.9%highest of 19
Operating margin39.5%56.9%6th lowest of 20
Forward P/E16.4×14.3×6th most expensive of 18

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Hoshino Resorts REIT 3287.TJapan$831M-11%+44%39%16.4×n/an/a
UI Boustead REIT UIBU.SISingapore$831M-5%n/an/a13.5×n/an/a
Far East Hospitality Trust Q5T.SISingapore$831M-10%+6%75%16.1×n/an/a
Indus Infra Trust INDUSINVIT.NSIndia$842M+3%+41%74%n/an/an/a
Summit Hotel Properties INNUnited States$845M+27%+2%10%n/an/an/a
Ichigo Office REIT Investment 8975.TJapan$816M-6%-18%46%10.5×n/an/a
NIPPON REIT Investment 3296.TJapan$852M-18%+42%26%14.5×n/an/a
Vital Infrastructure Property Trust VITL-UN.TOCanada$853M-15%-28%50%n/an/an/a
CapitaLand China Trust AU8U.SISingapore$860M-7%-10%59%12.8×n/an/a
Aspen APZ.AXAustralia$802M+6%+31%34%24.1×n/an/a
Arena REIT ARF.AXAustralia$801M-13%+7%98%13.8×n/an/a
Postal Realty Trust PSTLUnited States$863M-5%+22%38%30.8×n/an/a
LOTTE REIT 330590.KSSouth Korea$792M-16%+13%67%24.4×n/an/a
CTO Realty Growth CTOUnited States$783M0%+16%25%50.1×n/an/a
Starhill Global Real Estate Investment Trust P40U.SISingapore$884M-13%0%68%11.4×n/an/a
Helios Re Socimi SCHLR.MCSpain$779M0%n/a76%22.2×n/an/a
Stoneweg Europe Stapled Trust SEB.SISingapore$889M-12%-2%57%9.4×n/an/a
Star Asia Investment 3468.TJapan$895M-7%+17%41%14.3×n/an/a
Slate Grocery REIT SGR-UN.TOCanada$763M+8%+2%58%12.4×n/an/a
Aims Apac REIT O5RU.SISingapore$904M-10%+6%65%12.6×n/an/a
Workspace WKP.LUnited Kingdom$913M+8%-2%51%15.1×n/an/a

Questions

Which companies are Hoshino Resorts REIT's closest peers?
The cockpit's peer set: UI Boustead REIT (UIBU.SI), Far East Hospitality Trust (Q5T.SI), Indus Infra Trust (INDUSINVIT.NS), Summit Hotel Properties (INN), Ichigo Office REIT Investment (8975.T), NIPPON REIT Investment (3296.T), Vital Infrastructure Property Trust (VITL-UN.TO), CapitaLand China Trust (AU8U.SI).
Is Hoshino Resorts REIT expensive compared with its peers?
On forward p/e it trades at 16.4× against a peer median of 14.3×, 6th most expensive of 18 in its peer set.
How has Hoshino Resorts REIT stock performed?
Over six months to 6 Nov 2026 the shares returned -11.4% against -6.3% for the median peer; over one year -15.0%.

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.