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Nippon Prologis REIT (TSE:3283) Intrinsic Value: Projected FCF : 円19,389.85 (As of Jun. 10, 2024)


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What is Nippon Prologis REIT Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-06-10), Nippon Prologis REIT's Intrinsic Value: Projected FCF is 円19,389.85. The stock price of Nippon Prologis REIT is 円246600.00. Therefore, Nippon Prologis REIT's Price-to-Intrinsic-Value-Projected-FCF of today is 12.7.

The historical rank and industry rank for Nippon Prologis REIT's Intrinsic Value: Projected FCF or its related term are showing as below:

TSE:3283' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 9.09   Med: 14.46   Max: 112.66
Current: 12.72

During the past 10 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Nippon Prologis REIT was 112.66. The lowest was 9.09. And the median was 14.46.

TSE:3283's Price-to-Projected-FCF is ranked worse than
99.09% of 549 companies
in the REITs industry
Industry Median: 0.65 vs TSE:3283: 12.72

Nippon Prologis REIT Intrinsic Value: Projected FCF Historical Data

The historical data trend for Nippon Prologis REIT's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nippon Prologis REIT Intrinsic Value: Projected FCF Chart

Nippon Prologis REIT Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -233,244.00 -179,417.00 2,906.97 40,639.10 19,389.80

Nippon Prologis REIT Semi-Annual Data
Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 May23 Nov23
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 40,639.10 - - 19,389.80

Competitive Comparison of Nippon Prologis REIT's Intrinsic Value: Projected FCF

For the REIT - Industrial subindustry, Nippon Prologis REIT's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nippon Prologis REIT's Price-to-Projected-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Nippon Prologis REIT's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Nippon Prologis REIT's Price-to-Projected-FCF falls into.



Nippon Prologis REIT Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Nippon Prologis REIT's Free Cash Flow(6 year avg) = 円-37,389.09.

Nippon Prologis REIT's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Nov23)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*-37389.093+512592.99*0.8)/2.791
=19,389.85

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Nippon Prologis REIT  (TSE:3283) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Nippon Prologis REIT's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=246600.00/19389.853380786
=12.72

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Nippon Prologis REIT Intrinsic Value: Projected FCF Related Terms

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Nippon Prologis REIT (TSE:3283) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Tokyo Building 21F, 2-7-3, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-6421
Nippon Prologis REIT Inc is a Japanese real estate investment trust primarily involved in owning, operating, and developing logistics facilities in Japan's major urban markets. The company's real estate portfolio is comprised mainly of large, multitenant warehouse facilities located near transportation hubs and population clusters. Nippon Prologis also operates a sizable number of build-to-suit facilities with similar physical specifications to its other buildings. The majority of the company's properties are located in the Greater Tokyo area, while a significant percentage are located in the Greater Osaka area as well. Nippon Prologis derives nearly all of its income from rental revenue. Its customers include a variety of logistics, distribution, transportation, and industrial companies.

Nippon Prologis REIT (TSE:3283) Headlines

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