Mori Hills Reit Investment (TSE:3234) Debt-to-EBITDA : 12.02 (As of Jan. 2026) — Near Median

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TSE:3234 Mori Hills Reit Investment Corp TSE:3234
60 GF Score
Price 円127,200.00
GF Value 円143,067.35
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Mori Hills Reit Investment Debt-to-EBITDA?

Mori Hills Reit Investment TSE:3234 -0.62% 60 Debt-to-EBITDA is 12.02 as of Jan. 2026, which is 7% below its 10-year median of 12.93. GuruFocus rates TSE:3234 with a GF Score™ of 60/100 and a GF Value™ of 円143,067.35 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 569 REITs companies, Mori Hills Reit Investment ranks worse than 84.71% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Mori Hills Reit Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2026 was 円27,184 Mil. Mori Hills Reit Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2026 was 円162,338 Mil. Mori Hills Reit Investment's annualized EBITDA for the quarter that ended in Jan. 2026 was 円15,764 Mil. Mori Hills Reit Investment's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2026 was 12.02.

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 Mori Hills Reit Investment's Debt-to-EBITDA or its related term are showing as below:

TSE:3234' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 12.12   Med: 12.93   Max: 13.86
Current: 12.12

During the past 13 years, the highest Debt-to-EBITDA Ratio of Mori Hills Reit Investment was 13.86. The lowest was 12.12. And the median was 12.93.

TSE:3234's Debt-to-EBITDA is ranked worse than
84.71% of 569 companies
in the REITs industry
Industry Median: 6.52 vs TSE:3234: 12.12

Mori Hills Reit Investment  (TSE:3234) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


Mori Hills Reit Investment Debt-to-EBITDA Related Terms


Mori Hills Reit Investment Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Mori Hills Reit Investment's Debt-to-EBITDA 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.

Mori Hills Reit Investment Debt-to-EBITDA Chart

Mori Hills Reit Investment Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.17 12.87 12.16 12.16 12.15

Mori Hills Reit Investment Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
Debt-to-EBITDA 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 12.25 12.11 12.25 12.13 12.02

TSE:3234 vs VICI, WPC: Debt-to-EBITDA Comparison

For the REIT - Diversified subindustry, Mori Hills Reit 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.


Mori Hills Reit Investment Debt-to-EBITDA vs REITs Industry

For the REITs industry and Real Estate sector, Mori Hills Reit Investment's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Mori Hills Reit Investment's Debt-to-EBITDA falls into.


TSE:3234
60GF Score
Mori Hills Reit Investment Corp TSE:3234
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mori Hills Reit Investment Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Mori Hills Reit Investment's Debt-to-EBITDA for the fiscal year that ended in Jul. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(24104 + 164084) / 15491.242
=12.15

Mori Hills Reit Investment's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(27184 + 162338) / 15763.706
=12.02

* 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 (Jan. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 12.02 mean?
Mori Hills Reit Investment (TSE:3234) has a Debt-to-EBITDA of 12.02 as of Jan. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Mori Hills Reit Investment. This is near median its historical median of 12.93. Over the past decade, Mori Hills Reit Investment's Debt-to-EBITDA has ranged from 12.12 to 13.86. According to the industry distribution chart, Mori Hills Reit Investment ranks #482 out of 569 companies in the REITs industry, placing it in the top 84.7%.
Is Mori Hills Reit Investment's Debt-to-EBITDA too high?
Mori Hills Reit Investment's current Debt-to-EBITDA of 12.02 is near median its 10-year median of 12.93. Over the past 10 years, this metric has ranged from a low of 12.12 to a high of 13.86. The REITs industry median Debt-to-EBITDA is 6.52. Mori Hills Reit Investment's value of 12.02 is 84.4% above this industry median. Based on the distribution chart, Mori Hills Reit Investment ranks #482 out of 569 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Mori Hills Reit Investment has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mori Hills Reit Investment's Debt-to-EBITDA compare to VICI and WPC?
According to the REITs industry distribution chart, Mori Hills Reit Investment ranks #482 out of 569 companies for Debt-to-EBITDA. This places Mori Hills Reit Investment in the lower half of its industry. The industry median Debt-to-EBITDA is 6.52. Mori Hills Reit Investment's value of 12.02 is 84.4% above this benchmark. Historically, Mori Hills Reit Investment's own Debt-to-EBITDA has ranged from 12.12 to 13.86 over the past decade. While the company's 10-year median is 12.93 vs. the industry median of 6.52, Mori Hills Reit 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 6.52, based on 569 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. Mori Hills Reit Investment's current Debt-to-EBITDA of 12.02 is 84.4% 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 Mori Hills Reit Investment. For the REITs industry, the median Debt-to-EBITDA is 6.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mori Hills Reit Investment's current Debt-to-EBITDA is 12.02, which is near median its own 10-year median of 12.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mori Hills Reit Investment stock overvalued right now?
Based on GuruFocus' analysis, Mori Hills Reit Investment (TSE:3234) is currently considered Modestly Undervalued. The stock's GF Value™ is 円143,067.35, compared to a current price of 円127,200.00 — trading 11.1% below its estimated fair value. The current Debt-to-EBITDA is 12.02, which is near median its 10-year median of 12.93 and 84.4% above the REITs industry median of 6.52. Mori Hills Reit Investment's overall GF Score™ is 60/100 with 3 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 Mori Hills Reit Investment (TSE:3234), the current Debt-to-EBITDA is 12.02 as of Jan. 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 Mori Hills Reit Investment (TSE:3234) Overvalued in 2026?

Based on GuruFocus' analysis, Mori Hills Reit Investment stock appears to be undervalued. The current stock price of 円127,200.00 is trading 11.1% below its estimated GF Value™ of 円143,067.35. GuruFocus considers Mori Hills Reit Investment to be Modestly Undervalued.

Key valuation signals for TSE:3234:

  • Debt-to-EBITDA: 12.02 (near median its 10-year median of 12.93)
  • GF Value™: 円143,067.35 vs. price of 円127,200.00 (11.1% below fair value)
  • GF Score™: 60/100 with 3 warning signs
  • Industry Position: 84.4% above the REITs median (#482 of 569)

No single metric tells the full story. See the TSE:3234 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mori Hills Reit Investment Business Description

Industry Real EstateREITs
Address 1-12-32 Akasaka, ARK Mori Building, Minato-ku, Tokyo, JPN, 107-6011
Mori Hills Reit Investment Corp is engaged in real estate investment, leasing, and management. The firm's primary objective is to secure steady growth in its portfolio and to maximize unitholders' value by making selective investments that mainly target areas and real estate properties. The company's real estate portfolio, as of the end of the twenty-first fiscal period, was comprised of ten properties. The company owns real estate office buildings and residential and retail properties available for lease in Tokyo.
60GF Score

Get the complete analysis for TSE:3234

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

円127,200.00
Price
円143,067.35
GF Value