LA Holdings Co., Ltd. (2986.T) Stock

About LA Holdings Co., Ltd.

LA Holdings Co., Ltd., together with its subsidiaries, engages in the real estate business in Japan. It operates through DX New Construction Real Estate Business; DX Regeneration Real Estate Business; DX Real Estate Value Improvement Project; Real Estate Leasing; and Others segment. The company is involved in the procurement, development, and sales in development operations; sale of individual renovated condominiums, buildings, and new condominiums; purchasing, reselling, interior design, and sales of real estate; operations, procurement in investment operations, land development, and land planning; leasing and managing real estate; and real estate brokerage, land value enhancement, and investment services, as well as purchase and resale of newly built condominiums and apartments; custom-built housing business; pre-built housing business; and welfare-related facility business. It also operates as a real estate sales agent. LA Holdings Co., Ltd. was incorporated in 2020 and is based in Tokyo, Japan.

LA Holdings Co., Ltd. (2986.T) stock trades at $2654.00 with a market capitalization of $60.84B. The stock is valued at a price-to-earnings (P/E) ratio of 9.21, price-to-book of 2.08, price-to-sales of 1.31. Over the past 52 weeks the stock has ranged between $2230.00 and $3956.67, and currently trades 32.9% below its 52-week high. It pays a dividend yielding 6.56%.

On profitability, LA Holdings Co., Ltd. generates a return on equity (ROE) of 25.85% — well above the market average, a sign of a high-quality business, an operating margin of 15.39%, a net profit margin of 13.08%.

The balance sheet shows a debt-to-equity ratio of 2.41 — a leveraged balance sheet worth monitoring, a current ratio of 2.41.

2986.T has an average daily trading volume of 224,171 shares, a beta of 0.39 (less volatile than the overall market), 0.02B shares outstanding.

Official website: lahd.co.jp