Ichigo Hotel REIT Investment (TSE:3463) EBIT: 円3,191 Mil (TTM As of Jan. 2026)


TSE:3463 Ichigo Hotel REIT Investment Corp TSE:3463
66 GF Score
Price 円118,800.00
GF Value 円168,081.11
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Ichigo Hotel REIT Investment EBIT?

Ichigo Hotel REIT Investment TSE:3463 -0.25% 66 EBIT is 円3,191 Mil as of Jan. 2026. GuruFocus rates TSE:3463 with a GF Score™ of 66/100 and a GF Value™ of 円168,081.11 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Ichigo Hotel REIT Investment's earnings before interest and taxes (EBIT) for the six months ended in Jan. 2026 was 円1,592 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2026 was 円3,191 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ichigo Hotel REIT Investment's annualized ROC % for the quarter that ended in Jan. 2026 was 4.39%. Ichigo Hotel REIT Investment's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2026 was 4.30%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ichigo Hotel REIT Investment's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2026 was 4.38%.


Ichigo Hotel REIT Investment  (TSE:3463) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Ichigo Hotel REIT Investment's annualized ROC % for the quarter that ended in Jan. 2026 is calculated as:

ROC % (Q: Jan. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jul. 2025 ) + Invested Capital (Q: Jan. 2026 ))/ count )
=3448.05 * ( 1 - 0.07% )/( (73100.963 + 83847.849)/ 2 )
=3445.636365/78474.406
=4.39 %

where

Invested Capital(Q: Jul. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=79165.593 - 933.874 - ( 5130.756 - max(0, 3114.277 - 9026.692+5130.756))
=73100.963

Invested Capital(Q: Jan. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=81290.949 - 1091.105 - ( 4097.412 - max(0, 11467.857 - 7819.852+4097.412))
=83847.849

Note: The Operating Income data used here is two times the semi-annual (Jan. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Ichigo Hotel REIT Investment's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jul. 2025  Q: Jan. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3183.676/( ( (69657.79 + max(2781.659, 0)) + (73045.767 + max(2454.583, 0)) )/ 2 )
=3183.676/( ( 72439.449 + 75500.35 )/ 2 )
=3183.676/73969.8995
=4.30 %

where Working Capital is:

Working Capital(Q: Jul. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(419.08 + 0 + 3476.856) - (933.874 + 0 + 180.403)
=2781.659

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(453.957 + 0 + 3268.483) - (1091.105 + 0 + 176.752)
=2454.583

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jan. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Ichigo Hotel REIT Investment's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2026 )
=3190.565/72828.281
=4.38 %

* 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.


Ichigo Hotel REIT Investment EBIT Related Terms


Ichigo Hotel REIT Investment EBIT Historical Data

* Premium members only.

The historical data trend for Ichigo Hotel REIT Investment's EBIT 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.

Ichigo Hotel REIT Investment EBIT Chart

Ichigo Hotel REIT Investment Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 689.54 917.17 1,498.16 2,294.87 5,115.09

Ichigo Hotel 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
EBIT 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 1,109.28 1,185.60 3,516.36 1,598.73 1,591.84

TSE:3463 vs HST, RHP, APLE: EBIT Comparison

For the REIT - Hotel & Motel subindustry, Ichigo Hotel REIT Investment's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Ichigo Hotel REIT Investment EV-to-EBIT vs REITs Industry

For the REITs industry and Real Estate sector, Ichigo Hotel REIT Investment's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ichigo Hotel REIT Investment's EV-to-EBIT falls into.


TSE:3463
66GF Score
Ichigo Hotel REIT Investment Corp TSE:3463
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Ichigo Hotel REIT Investment EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jan. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円3,191 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of 円3,191 Mil mean?
Ichigo Hotel REIT Investment (TSE:3463) has a EBIT of 円3,191 Mil as of Jan. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Ichigo Hotel REIT Investment.
Is Ichigo Hotel REIT Investment's EBIT too high?
Ichigo Hotel REIT Investment's current EBIT is 円3,191 Mil. Overall, Ichigo Hotel REIT Investment has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ichigo Hotel REIT Investment's EBIT compare to HST and RHP?
Ichigo Hotel REIT Investment's EBIT of 円3,191 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 EBIT for a REITs company?
A good EBIT depends on the REITs industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Ichigo Hotel REIT Investment. Ichigo Hotel REIT Investment's current EBIT is 円3,191 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichigo Hotel REIT Investment stock overvalued right now?
Based on GuruFocus' analysis, Ichigo Hotel REIT Investment (TSE:3463) is currently considered Modestly Undervalued. The stock's GF Value™ is 円168,081.11, compared to a current price of 円118,800.00 — trading 29.3% below its estimated fair value. The current EBIT is 円3,191 Mil. Ichigo Hotel REIT Investment's overall GF Score™ is 66/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Ichigo Hotel REIT Investment (TSE:3463), the current EBIT is 円3,191 Mil 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 Ichigo Hotel REIT Investment (TSE:3463) Overvalued in 2026?

Based on GuruFocus' analysis, Ichigo Hotel REIT Investment stock appears to be undervalued. The current stock price of 円118,800.00 is trading 29.3% below its estimated GF Value™ of 円168,081.11. GuruFocus considers Ichigo Hotel REIT Investment to be Modestly Undervalued.

Key valuation signals for TSE:3463:

  • EBIT: 円3,191 Mil
  • GF Value™: 円168,081.11 vs. price of 円118,800.00 (29.3% below fair value)
  • GF Score™: 66/100 with 5 warning signs

No single metric tells the full story. See the TSE:3463 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ichigo Hotel REIT Investment Business Description

Industry Real EstateREITs
Address Marunouchi Park Building, 2-6-1 Marunouchi, 20th floor, Chiyoda-ku, Tokyo, JPN, 100-6920
Ichigo Hotel REIT Investment Corp operates as a real estate investment trust (REIT) investing in hotel properties. Its investment portfolio includes hotel properties in Sapporo, Kushiro, Yokohama, Tokyo, Hamamatsu, Nagoya, Tokoname, Suzuka, Kyoto, Kobe, Okayama, Osaka, Matsuyama, Hiroshima, Fukuoka and Okinawa.
66GF Score

Get the complete analysis for TSE:3463

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

円118,800.00
Price
円168,081.11
GF Value