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A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Japan Real Estate Investment's Debt-to-EBITDA or its related term are showing as below:
JREIF'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 8.59 Med: 8.92 Max: 9.69
Current: 9.61
During the past 13 years, the highest Debt-to-EBITDA Ratio of Japan Real Estate Investment was 9.69. The lowest was 8.59. And the median was 8.92.
JREIF's Debt-to-EBITDA is ranked worse than 72.65% of 574
companies
in the REITs industry
Industry Median: 6.57
vs JREIF: 9.61
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Japan Real Estate Investment Debt-to-EBITDA Related Terms
Japan Real Estate Investment Debt-to-EBITDA Historical Data
* 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.
For the REIT - Office subindustry, Japan Real Estate Investment's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.
Japan Real Estate Investment Debt-to-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, Japan Real Estate Investment's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Japan Real Estate Investment's Debt-to-EBITDA falls into.
* 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is two times the quarterly (Mar. 2026) EBITDA data.
Japan Real Estate Investment (JREIF) has a Debt-to-EBITDA of 9.35 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Japan Real Estate Investment. This is near median its historical median of 8.92. Over the past decade, Japan Real Estate Investment's Debt-to-EBITDA has ranged from 8.59 to 9.69. According to the industry distribution chart, Japan Real Estate Investment ranks #417 out of 574 companies in the REITs industry, placing it in the top 72.6%.
Is Japan Real Estate Investment's Debt-to-EBITDA too high?
Japan Real Estate Investment's current Debt-to-EBITDA of 9.35 is near median its 10-year median of 8.92. Over the past 10 years, this metric has ranged from a low of 8.59 to a high of 9.69. The REITs industry median Debt-to-EBITDA is 6.57. Japan Real Estate Investment's value of 9.35 is 42.3% above this industry median. Based on the distribution chart, Japan Real Estate Investment ranks #417 out of 574 companies in the REITs industry, which is below the industry midpoint. Overall, Japan Real Estate Investment has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Japan Real Estate Investment's Debt-to-EBITDA compare to BXP and ARE?
According to the REITs industry distribution chart, Japan Real Estate Investment ranks #417 out of 574 companies for Debt-to-EBITDA. This places Japan Real Estate Investment in the lower half of its industry. The industry median Debt-to-EBITDA is 6.57. Japan Real Estate Investment's value of 9.35 is 42.3% above this benchmark. Historically, Japan Real Estate Investment's own Debt-to-EBITDA has ranged from 8.59 to 9.69 over the past decade. While the company's 10-year median is 8.92 vs. the industry median of 6.57, Japan Real Estate Investment has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a REITs company?
The median Debt-to-EBITDA among REITs companies is 6.57, based on 574 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Japan Real Estate Investment's current Debt-to-EBITDA of 9.35 is 42.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Japan Real Estate Investment. For the REITs industry, the median Debt-to-EBITDA is 6.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Real Estate Investment's current Debt-to-EBITDA is 9.35, which is near median its own 10-year median of 8.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Real Estate Investment stock overvalued right now?
Based on GuruFocus' analysis, Japan Real Estate Investment (JREIF) is currently considered Fairly Valued. The stock's GF Value™ is $772.78, compared to a current price of $769.20 — trading 0.5% below its estimated fair value. The current Debt-to-EBITDA is 9.35, which is near median its 10-year median of 8.92 and 42.3% above the REITs industry median of 6.57. Japan Real Estate Investment's overall GF Score™ is 73/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Japan Real Estate Investment (JREIF), the current Debt-to-EBITDA is 9.35 as of Mar. 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 Japan Real Estate Investment (JREIF) Overvalued in 2026?
Based on GuruFocus' analysis, Japan Real Estate Investment stock appears to be undervalued.
The current stock price of $769.20 is trading 0.5% below its estimated GF Value™ of $772.78.
GuruFocus considers Japan Real Estate Investment to be Fairly Valued.
Key valuation signals for JREIF:
Debt-to-EBITDA: 9.35 (near median its 10-year median of 8.92)
GF Value™: $772.78 vs. price of $769.20 (0.5% below fair value)
Industry Position: 42.3% above the REITs median (#417 of 574)
No single metric tells the full story. See the JREIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Japan Real Estate Investment Corp, or J-REIT, is a Japanese real estate investment trust that invests in, owns, and leases office properties. The vast majority of the company's real estate portfolio is located within Tokyo's 23 wards and the Tokyo metropolitan area in terms of total value. Within this area, J-REIT's offices reside within the Tokyo central business district. The company derives nearly all of its income in the form of rental revenue from the leasing of its office properties. While J-REIT tenants hail from a diverse assortment of industries, firms from the service, information services, electric devices, and financial services industries are its customers.
73GF Score
Get the complete analysis for JREIF
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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