PICJF (NTT UD Reit Investment) Accumulated Depreciation: $-265.5 Mil (As of Apr. 2026)

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PICJF NTT UD Reit Investment Corp PICJF
63 GF Score
Price $892.43
GF Value $949.92
! 7 Warning Signs
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What is NTT UD Reit Investment Accumulated Depreciation?

NTT UD Reit Investment PICJF 63 Accumulated Depreciation is $-265.5 Mil as of Apr. 2026. GuruFocus rates PICJF with a GF Score™ of 63/100 and a GF Value™ of $949.92. The stock has 7 warning signs investors should review.

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

NTT UD Reit Investment's quarterly accumulated depreciation declined from Apr. 2025 ($-301.6 Mil) to Oct. 2025 ($-271.6 Mil) but then stayed the same from Oct. 2025 ($-271.6 Mil) to Apr. 2026 ($-265.5 Mil).

NTT UD Reit Investment's annual accumulated depreciation increased from Oct. 2023 ($-265.8 Mil) to Oct. 2024 ($-287.9 Mil) but then stayed the same from Oct. 2024 ($-287.9 Mil) to Oct. 2025 ($-271.6 Mil).

NTT UD Reit Investment Accumulated Depreciation Related Terms

NTT UD Reit Investment Accumulated Depreciation Historical Data

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The historical data trend for NTT UD Reit Investment's Accumulated Depreciation 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.

NTT UD Reit Investment Accumulated Depreciation Chart

NTT UD Reit Investment Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -311.32 -257.32 -265.77 -287.92 -271.62

NTT UD Reit Investment Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
Accumulated Depreciation 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 -269.15 -287.92 -301.62 -271.62 -265.49
PICJF
63GF Score
NTT UD Reit Investment Corp PICJF
Accumulated Depreciation is just one metric. See GF Score™, valuation, warning signs, and more.
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NTT UD Reit Investment Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

What does a Accumulated Depreciation of $-265.5 Mil mean?
NTT UD Reit Investment (PICJF) has a Accumulated Depreciation of $-265.5 Mil as of Apr. 2026. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on NTT UD Reit Investment and its competitors.
Is NTT UD Reit Investment's Accumulated Depreciation too high?
NTT UD Reit Investment's current Accumulated Depreciation is $-265.5 Mil. Overall, NTT UD Reit Investment has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does NTT UD Reit Investment's Accumulated Depreciation compare to VICI and WPC?
NTT UD Reit Investment's Accumulated Depreciation of $-265.5 Mil 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 Accumulated Depreciation for a REITs company?
A good Accumulated Depreciation depends on the REITs industry context. However, Accumulated Depreciation 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 Accumulated Depreciation mean?
A high Accumulated Depreciation can signal that a stock is expensive relative to its fundamentals. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on NTT UD Reit Investment and its competitors. NTT UD Reit Investment's current Accumulated Depreciation is $-265.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTT UD Reit Investment stock overvalued right now?
NTT UD Reit Investment (PICJF) has a current Accumulated Depreciation of $-265.5 Mil. The stock's GF Value™ is $949.92, compared to a current price of $892.43 — trading 6.1% below its estimated fair value. The current Accumulated Depreciation is $-265.5 Mil. NTT UD Reit Investment's overall GF Score™ is 63/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For NTT UD Reit Investment (PICJF), the current Accumulated Depreciation is $-265.5 Mil as of Apr. 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 NTT UD Reit Investment (PICJF) Overvalued in 2026?

Based on GuruFocus' analysis, NTT UD Reit Investment stock appears to be undervalued. The current stock price of $892.43 is trading 6.1% below its estimated GF Value™ of $949.92.

Key valuation signals for PICJF:

  • Accumulated Depreciation: $-265.5 Mil
  • GF Value™: $949.92 vs. price of $892.43 (6.1% below fair value)
  • GF Score™: 63/100 with 7 warning signs

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

NTT UD Reit Investment Business Description

Industry Real EstateREITs
Other Exchanges 8956:Japan
Address 1-5-1 Otemachi, Chiyoda-ku, Tokyo, JPN
NTT UD Reit Investment Corp is a Japan-based real estate investment trust company. It is a J-REIT managing compound portfolio of office buildings and residential properties, with NTT Urban Development serving as the sponsor.
63GF Score

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

$892.43
Price
$949.92
GF Value