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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 Daiwa House REIT Investment's Debt-to-EBITDA or its related term are showing as below:
TSE:8984'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 8.87 Med: 10.58 Max: 12.2
Current: 8.96
During the past 13 years, the highest Debt-to-EBITDA Ratio of Daiwa House REIT Investment was 12.20. The lowest was 8.87. And the median was 10.58.
TSE:8984's Debt-to-EBITDA is ranked worse than 68.19% of 569
companies
in the REITs industry
Industry Median: 6.52
vs TSE:8984: 8.96
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.
Daiwa House REIT Investment Debt-to-EBITDA Related Terms
Daiwa House REIT 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 - Diversified subindustry, Daiwa House 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.
Daiwa House REIT Investment Debt-to-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, Daiwa House REIT Investment's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Daiwa House REIT 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 (Feb. 2026) EBITDA data.
Daiwa House REIT Investment (TSE:8984) has a Debt-to-EBITDA of 9.53 as of Feb. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Daiwa House REIT Investment. This is 10% below median its historical median of 10.58. Over the past decade, Daiwa House REIT Investment's Debt-to-EBITDA has ranged from 8.87 to 12.20. According to the industry distribution chart, Daiwa House REIT Investment ranks #388 out of 569 companies in the REITs industry, placing it in the top 68.2%.
Is Daiwa House REIT Investment's Debt-to-EBITDA too high?
Daiwa House REIT Investment's current Debt-to-EBITDA of 9.53 is 10% below median its 10-year median of 10.58. Over the past 10 years, this metric has ranged from a low of 8.87 to a high of 12.20. The REITs industry median Debt-to-EBITDA is 6.52. Daiwa House REIT Investment's value of 9.53 is 46.2% above this industry median. Based on the distribution chart, Daiwa House REIT Investment ranks #388 out of 569 companies in the REITs industry, which is below the industry midpoint. Overall, Daiwa House REIT Investment has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Daiwa House REIT Investment's Debt-to-EBITDA compare to VICI and WPC?
According to the REITs industry distribution chart, Daiwa House REIT Investment ranks #388 out of 569 companies for Debt-to-EBITDA. This places Daiwa House REIT Investment in the lower half of its industry. The industry median Debt-to-EBITDA is 6.52. Daiwa House REIT Investment's value of 9.53 is 46.2% above this benchmark. Historically, Daiwa House REIT Investment's own Debt-to-EBITDA has ranged from 8.87 to 12.20 over the past decade. While the company's 10-year median is 10.58 vs. the industry median of 6.52, Daiwa House 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. Daiwa House REIT Investment's current Debt-to-EBITDA of 9.53 is 46.2% 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 Daiwa House 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. Daiwa House REIT Investment's current Debt-to-EBITDA is 9.53, which is 10% below median its own 10-year median of 10.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daiwa House REIT Investment stock overvalued right now?
Based on GuruFocus' analysis, Daiwa House REIT Investment (TSE:8984) is currently considered Fairly Valued. The stock's GF Value™ is 円125,566.40, compared to a current price of 円116,800.00 — trading 7% below its estimated fair value. The current Debt-to-EBITDA is 9.53, which is 10% below median its 10-year median of 10.58 and 46.2% above the REITs industry median of 6.52. Daiwa House REIT Investment's overall GF Score™ is 64/100 with 4 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 Daiwa House REIT Investment (TSE:8984), the current Debt-to-EBITDA is 9.53 as of Feb. 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 Daiwa House REIT Investment (TSE:8984) Overvalued in 2026?
Based on GuruFocus' analysis, Daiwa House REIT Investment stock appears to be undervalued.
The current stock price of 円116,800.00 is trading 7% below its estimated GF Value™ of 円125,566.40.
GuruFocus considers Daiwa House REIT Investment to be Fairly Valued.
Key valuation signals for TSE:8984:
Debt-to-EBITDA: 9.53 (10% below median its 10-year median of 10.58)
GF Value™: 円125,566.40 vs. price of 円116,800.00 (7% below fair value)
Industry Position: 46.2% above the REITs median (#388 of 569)
No single metric tells the full story. See the TSE:8984 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Daiwa House REIT Investment Corp is a diversified real estate investment trust which invests in real estate properties. Its core assets are logistics properties, residential properties, retail properties, and hotels. It invests mainly in three metropolitan areas the greater Tokyo area, the greater Nagoya area, and the greater Osaka area. The firm's portfolio consists of assets with various risk-return profiles. It generates revenue from rental activity on a straight-line accrual basis over the life of each lease contract. The company operates only in Japan.
64GF Score
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