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Mitsubishi Estate Co (Mitsubishi Estate Co) EV-to-EBIT : 20.68 (As of Apr. 26, 2024)


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What is Mitsubishi Estate Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Mitsubishi Estate Co's Enterprise Value is $37,861 Mil. Mitsubishi Estate Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $1,831 Mil. Therefore, Mitsubishi Estate Co's EV-to-EBIT for today is 20.68.

The historical rank and industry rank for Mitsubishi Estate Co's EV-to-EBIT or its related term are showing as below:

MITEY' s EV-to-EBIT Range Over the Past 10 Years
Min: 14.18   Med: 22.2   Max: 76.37
Current: 20.62

During the past 13 years, the highest EV-to-EBIT of Mitsubishi Estate Co was 76.37. The lowest was 14.18. And the median was 22.20.

MITEY's EV-to-EBIT is ranked worse than
66.14% of 1341 companies
in the Real Estate industry
Industry Median: 13.2 vs MITEY: 20.62

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Mitsubishi Estate Co's Enterprise Value for the quarter that ended in Dec. 2023 was $33,368 Mil. Mitsubishi Estate Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $1,831 Mil. Mitsubishi Estate Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.49%.


Mitsubishi Estate Co EV-to-EBIT Historical Data

The historical data trend for Mitsubishi Estate Co's EV-to-EBIT 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.

Mitsubishi Estate Co EV-to-EBIT Chart

Mitsubishi Estate Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.11 16.68 20.86 16.44 15.08

Mitsubishi Estate Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT 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 14.88 15.08 18.46 19.51 18.58

Competitive Comparison of Mitsubishi Estate Co's EV-to-EBIT

For the Real Estate - Diversified subindustry, Mitsubishi Estate Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Mitsubishi Estate Co's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Mitsubishi Estate Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Mitsubishi Estate Co's EV-to-EBIT falls into.



Mitsubishi Estate Co EV-to-EBIT Calculation

Mitsubishi Estate Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=37860.584/1830.955
=20.68

Mitsubishi Estate Co's current Enterprise Value is $37,861 Mil.
Mitsubishi Estate Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,831 Mil.

* 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.


Mitsubishi Estate Co  (OTCPK:MITEY) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Mitsubishi Estate Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=1830.955/33368.3282
=5.49 %

Mitsubishi Estate Co's Enterprise Value for the quarter that ended in Dec. 2023 was $33,368 Mil.
Mitsubishi Estate Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,831 Mil.

* 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.


Mitsubishi Estate Co EV-to-EBIT Related Terms

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Mitsubishi Estate Co (Mitsubishi Estate Co) Business Description

Traded in Other Exchanges
Address
Otemachi 1-chome, Otemachi Park Building, 1-1, Chiyoda-ku, Tokyo, JPN, 100-8133
Mitsubishi Estate is one of the three big Japanese real estate companies. Around two thirds of its operating profit comes from leasing office space in Japan, where half of its portfolio is concentrated in the prime Marunouchi/Otemachi district between Tokyo station and the Imperial Palace. Mitsubishi Estate's predecessor originally bought this land from the government in 1890, and the company sees itself as steward of the showcase area's long-term development, rarely if ever selling any properties there.

Mitsubishi Estate Co (Mitsubishi Estate Co) Headlines

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