NTT UD REIT Investment Ratios and Metrics

Market cap in millions JPY. Fiscal year is November - October.

Millions JPY. Fiscal year is Nov - Oct.

Fiscal Year	Current	FY 2024	FY 2024	FY 2023	FY 2023	FY 2023	2018 - 2022
Period Ending	May '25 May 13, 2025	Oct '24 Oct 31, 2024	Apr '24 Apr 30, 2024	Oct '23 Oct 31, 2023	Apr '23 Apr 30, 2023	Oct '23 Oct 31, 2023	2018 - 2022
Market Capitalization	193,807	161,838	179,326	174,784	183,754	174,784	Upgrade
Market Cap Growth	-12.78%	-9.75%	2.60%	-4.88%	5.13%	-4.88%	Upgrade
Enterprise Value	336,793	305,809	294,869	295,174	302,942	295,174	Upgrade
Last Close Price	132000.00	106734.19	115150.35	115923.70	118815.59	115923.70	Upgrade
PE Ratio	22.80	18.87	21.24	17.40	20.61	17.40	Upgrade
PS Ratio	8.15	6.81	7.81	7.13	8.00	7.13	Upgrade
PB Ratio	1.30	1.09	1.21	1.25	1.32	1.25	Upgrade
P/OCF Ratio	15.85	13.24	16.36	8.41	11.46	8.41	Upgrade
EV/Sales Ratio	14.16	12.86	12.85	12.03	13.19	12.03	Upgrade
EV/EBITDA Ratio	25.53	23.18	22.88	20.94	23.37	20.94	Upgrade
EV/EBIT Ratio	34.41	31.24	30.91	26.96	30.92	26.96	Upgrade
Debt / Equity Ratio	1.00	1.00	1.00	0.88	0.90	0.88	Upgrade
Debt / EBITDA Ratio	11.29	11.29	11.56	8.66	9.63	8.66	Upgrade
Asset Turnover	0.08	0.08	0.08	0.09	0.08	0.09	Upgrade
Quick Ratio	0.31	0.31	0.23	0.36	0.24	0.36	Upgrade
Current Ratio	0.94	0.94	0.82	1.00	0.85	1.00	Upgrade
Return on Equity (ROE)	5.96%	5.96%	5.88%	7.26%	6.41%	7.26%	Upgrade
Return on Assets (ROA)	2.09%	2.09%	2.02%	2.48%	2.19%	2.48%	Upgrade
Return on Capital (ROIC)	2.19%	2.19%	2.13%	2.61%	2.31%	2.61%	Upgrade
Earnings Yield	4.43%	5.30%	4.71%	5.75%	4.85%	5.75%	Upgrade
Dividend Yield	4.65%	5.42%	-	-	-	-	Upgrade
Payout Ratio	102.13%	102.13%	107.56%	83.70%	107.49%	83.70%	Upgrade
Buyback Yield / Dilution	0.02%	-0.02%	-5.70%	0.00%	0.00%	0.00%	Upgrade
Total Shareholder Return	4.67%	5.40%	-5.70%	-	-	-	Upgrade

Updated Jan 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.