Tokyu Reit (TSE:8957) Debt-to-EBITDA : 7.99 (As of Jan. 2026) — 18% Below Median

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TSE:8957 Tokyu Reit Inc TSE:8957
72 GF Score
Price 円184,800.00
GF Value 円184,538.09
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Tokyu Reit Debt-to-EBITDA?

Tokyu Reit TSE:8957 -0.54% 72 Debt-to-EBITDA is 7.99 as of Jan. 2026, which is 18% below its 10-year median of 9.72. GuruFocus rates TSE:8957 with a GF Score™ of 72/100 and a GF Value™ of 円184,538.09 (Fairly Valued). The stock has 5 warning signs investors should review. Among 575 REITs companies, Tokyu Reit ranks worse than 62.26% on this metric.

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

Tokyu Reit's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2026 was 円15,700 Mil. Tokyu Reit's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2026 was 円89,800 Mil. Tokyu Reit's annualized EBITDA for the quarter that ended in Jan. 2026 was 円13,210 Mil. Tokyu Reit's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2026 was 7.99.

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

TSE:8957' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 6.67   Med: 9.72   Max: 11.27
Current: 8.17

During the past 13 years, the highest Debt-to-EBITDA Ratio of Tokyu Reit was 11.27. The lowest was 6.67. And the median was 9.72.

TSE:8957's Debt-to-EBITDA is ranked worse than
62.26% of 575 companies
in the REITs industry
Industry Median: 6.56 vs TSE:8957: 8.17

Tokyu Reit  (TSE:8957) 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.


Tokyu Reit Debt-to-EBITDA Related Terms


Tokyu Reit Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Tokyu Reit'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.

Tokyu Reit Debt-to-EBITDA Chart

Tokyu Reit 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 10.05 6.67 7.61 9.39 8.56

Tokyu Reit 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 9.06 9.13 8.68 8.45 7.99

TSE:8957 vs VICI, WPC: Debt-to-EBITDA Comparison

For the REIT - Diversified subindustry, Tokyu Reit'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.


Tokyu Reit Debt-to-EBITDA vs REITs Industry

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

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


TSE:8957
72GF Score
Tokyu Reit Inc TSE:8957
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokyu Reit Debt-to-EBITDA Calculation

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

Tokyu Reit'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
=(11200 + 95300) / 12438.238
=8.56

Tokyu Reit'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
=(15700 + 89800) / 13210.03
=7.99

* 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 7.99 mean?
Tokyu Reit (TSE:8957) has a Debt-to-EBITDA of 7.99 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 Tokyu Reit. This is 18% below median its historical median of 9.72. Over the past decade, Tokyu Reit's Debt-to-EBITDA has ranged from 6.67 to 11.27. According to the industry distribution chart, Tokyu Reit ranks #358 out of 575 companies in the REITs industry, placing it in the top 62.3%.
Is Tokyu Reit's Debt-to-EBITDA too high?
Tokyu Reit's current Debt-to-EBITDA of 7.99 is 18% below median its 10-year median of 9.72. Over the past 10 years, this metric has ranged from a low of 6.67 to a high of 11.27. The REITs industry median Debt-to-EBITDA is 6.56. Tokyu Reit's value of 7.99 is 21.8% above this industry median. Based on the distribution chart, Tokyu Reit ranks #358 out of 575 companies in the REITs industry, which is below the industry midpoint. Overall, Tokyu Reit has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tokyu Reit's Debt-to-EBITDA compare to VICI and WPC?
According to the REITs industry distribution chart, Tokyu Reit ranks #358 out of 575 companies for Debt-to-EBITDA. This places Tokyu Reit in the lower half of its industry. The industry median Debt-to-EBITDA is 6.56. Tokyu Reit's value of 7.99 is 21.8% above this benchmark. Historically, Tokyu Reit's own Debt-to-EBITDA has ranged from 6.67 to 11.27 over the past decade. While the company's 10-year median is 9.72 vs. the industry median of 6.56, Tokyu Reit 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 6.56, based on 575 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. Tokyu Reit's current Debt-to-EBITDA of 7.99 is 21.8% 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 Tokyu Reit. For the REITs industry, the median Debt-to-EBITDA is 6.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyu Reit's current Debt-to-EBITDA is 7.99, which is 18% below median its own 10-year median of 9.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyu Reit stock overvalued right now?
Based on GuruFocus' analysis, Tokyu Reit (TSE:8957) is currently considered Fairly Valued. The stock's GF Value™ is 円184,538.09, compared to a current price of 円184,800.00 — trading 0.1% above its estimated fair value. The current Debt-to-EBITDA is 7.99, which is 18% below median its 10-year median of 9.72 and 21.8% above the REITs industry median of 6.56. Tokyu Reit's overall GF Score™ is 72/100 with 5 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 Tokyu Reit (TSE:8957), the current Debt-to-EBITDA is 7.99 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 Tokyu Reit (TSE:8957) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyu Reit stock appears to be overvalued. The current stock price of 円184,800.00 is trading 0.1% above its estimated GF Value™ of 円184,538.09. GuruFocus considers Tokyu Reit to be Fairly Valued.

Key valuation signals for TSE:8957:

  • Debt-to-EBITDA: 7.99 (18% below median its 10-year median of 9.72)
  • GF Value™: 円184,538.09 vs. price of 円184,800.00 (0.1% above fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 21.8% above the REITs median (#358 of 575)

No single metric tells the full story. See the TSE:8957 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokyu Reit Business Description

Industry Real EstateREITs
Address 1-12-1, Dogenzaka, Shibuya-ku, Tokyo, JPN, 150-0043
Tokyu Reit Inc is a Japanese real estate company. It is engaged in asset investment and management based on principles of growth, stability, and transparency. The company invests predominantly in retail and office properties located in Chiyoda, Chuo, Minato, Shinjuku and Shibuya wards.
72GF Score

Get the complete analysis for TSE:8957

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

円184,800.00
Price
円184,538.09
GF Value