Heiwa Real Estate REIT (TSE:8966) FFO per Share: 円10,145.00 (TTM As of May. 2026)

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TSE:8966 Heiwa Real Estate REIT Inc TSE:8966
73 GF Score
Price 円134,400.00
GF Value 円156,678.21
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Heiwa Real Estate REIT FFO per Share?

Heiwa Real Estate REIT TSE:8966 -1.54% 73 FFO per Share is 円10,145.00 as of May. 2026. GuruFocus rates TSE:8966 with a GF Score™ of 73/100 and a GF Value™ of 円156,678.21 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Heiwa Real Estate REIT's FFO per Share for the six months ended in May. 2026 was 円5,091.83. Heiwa Real Estate REIT's FFO per Share for the trailing twelve months (TTM) ended in May. 2026 was 円10,145.00.


Heiwa Real Estate REIT FFO per Share Related Terms


Heiwa Real Estate REIT FFO per Share Historical Data

* Premium members only.

The historical data trend for Heiwa Real Estate REIT's FFO per Share 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.

Heiwa Real Estate REIT FFO per Share Chart

Heiwa Real Estate REIT Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
FFO per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,601.24 7,804.57 8,466.27 8,478.67 9,812.25

Heiwa Real Estate REIT Semi-Annual Data
Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
FFO per Share 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 4,165.54 4,316.62 4,986.08 5,053.18 5,091.83

TSE:8966 vs VICI, WPC: FFO per Share Comparison

For the REIT - Diversified subindustry, Heiwa Real Estate REIT's Price-to-FFO, along with its competitors' market caps and Price-to-FFO 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.


Heiwa Real Estate REIT Price-to-FFO vs REITs Industry

For the REITs industry and Real Estate sector, Heiwa Real Estate REIT's Price-to-FFO distribution charts can be found below:

* The bar in red indicates where Heiwa Real Estate REIT's Price-to-FFO falls into.


TSE:8966
73GF Score
Heiwa Real Estate REIT Inc TSE:8966
FFO per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Heiwa Real Estate REIT FFO per Share Calculation

FFO per Share is the amount of funds from operations per outstanding share of the REITs stock.

Heiwa Real Estate REIT's FFO per Share for the fiscal year that ended in Nov. 2025 is calculated as

FFO per Share (A: Nov. 2025 )=FFO (A: Nov. 2025 /Shares Outstanding (Diluted Average) (A: Nov. 2025 )
=12284.937/1.252
=9,812.25

Heiwa Real Estate REIT's FFO per Share for the quarter that ended in May. 2026 is calculated as

FFO per Share (Q: May. 2026 )=FFO (Q: May. 2026 )/Shares Outstanding (Diluted Average) (Q: May. 2026 )
=6843.416/1.344
=5,091.83

FFO per Share for the trailing twelve months (TTM) ended in May. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円10,145.00

* 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.

Frequently Asked Questions Learn more about FFO per Share →
What does a FFO per Share of 円10,145.00 mean?
Heiwa Real Estate REIT (TSE:8966) has a FFO per Share of 円10,145.00 as of May. 2026. For REITs, funds from operations equal earnings plus depreciation less gain on sales. View historical data on Heiwa Real Estate REIT and its competitors.
Is Heiwa Real Estate REIT's FFO per Share too high?
Heiwa Real Estate REIT's current FFO per Share is 円10,145.00. Overall, Heiwa Real Estate REIT has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Heiwa Real Estate REIT's FFO per Share compare to VICI and WPC?
Heiwa Real Estate REIT's FFO per Share of 円10,145.00 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FFO per Share for a REITs company?
A good FFO per Share depends on the REITs industry context. However, FFO per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FFO per Share mean?
A high FFO per Share can signal that a stock is expensive relative to its fundamentals. For REITs, funds from operations equal earnings plus depreciation less gain on sales. View historical data on Heiwa Real Estate REIT and its competitors. Heiwa Real Estate REIT's current FFO per Share is 円10,145.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heiwa Real Estate REIT stock overvalued right now?
Based on GuruFocus' analysis, Heiwa Real Estate REIT (TSE:8966) is currently considered Modestly Undervalued. The stock's GF Value™ is 円156,678.21, compared to a current price of 円134,400.00 — trading 14.2% below its estimated fair value. The current FFO per Share is 円10,145.00. Heiwa Real Estate REIT's overall GF Score™ is 73/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FFO per Share calculated?
FFO per Share is calculated from a company's financial statements. For Heiwa Real Estate REIT (TSE:8966), the current FFO per Share is 円10,145.00 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Heiwa Real Estate REIT (TSE:8966) Overvalued in 2026?

Based on GuruFocus' analysis, Heiwa Real Estate REIT stock appears to be undervalued. The current stock price of 円134,400.00 is trading 14.2% below its estimated GF Value™ of 円156,678.21. GuruFocus considers Heiwa Real Estate REIT to be Modestly Undervalued.

Key valuation signals for TSE:8966:

  • FFO per Share: 円10,145.00
  • GF Value™: 円156,678.21 vs. price of 円134,400.00 (14.2% below fair value)
  • GF Score™: 73/100 with 4 warning signs

No single metric tells the full story. See the TSE:8966 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Heiwa Real Estate REIT Business Description

Industry Real EstateREITs
Address 5-1, Nihonbashi-kabutocho, Chuo-ku, Tokyo, JPN, 105-6237
Heiwa Real Estate REIT Inc is a real estate company that invests in office buildings and residential buildings located in the Tokyo Metropolitan Area and other cities across Japan. The company leases its buildings for rental revenue and renovates its properties. The tenants include both individuals and businesses from various industries such as wholesale and retail, manufacturing, and information and technology services.
73GF Score

Get the complete analysis for TSE:8966

FFO per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円134,400.00
Price
円156,678.21
GF Value