Japan Metropolitan Fund Investment (TSE:8953) EBIT: 円50,068 Mil (TTM As of Feb. 2026)

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Japan Metropolitan Fund Investment Corp TSE:8953

73 GF Score

Price 円118,300.00

GF Value 円115,138.58

Valuation Fairly Valued

7 Warning Signs

View Full Analysis

What is Japan Metropolitan Fund Investment EBIT?

Japan Metropolitan Fund Investment TSE:8953 +1.02% 73 EBIT is 円50,068 Mil as of Feb. 2026. GuruFocus rates TSE:8953 with a GF Score™ of 73/100 and a GF Value™ of 円115,138.58 (Fairly Valued). The stock has 7 warning signs investors should review.

Japan Metropolitan Fund Investment's earnings before interest and taxes (EBIT) for the six months ended in Feb. 2026 was 円26,198 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2026 was 円50,068 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Japan Metropolitan Fund Investment's annualized ROC % for the quarter that ended in Feb. 2026 was 3.88%. Japan Metropolitan Fund Investment's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 4.20%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Japan Metropolitan Fund Investment's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 3.42%.

Japan Metropolitan Fund Investment (TSE:8953) EBIT Explanation

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

Japan Metropolitan Fund Investment's annualized ROC % for the quarter that ended in Feb. 2026 is calculated as:

	ROC % (Q: Feb. 2026 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Aug. 2025 )	+	Invested Capital (Q: Feb. 2026 ))	/ count )
=	53300.214 * ( 1 - 0% )	/	( (1339832.759	+	1410137.116)	/ 2 )
=	53300.214	/	1374984.9375
=	3.88 %

where

	Invested Capital		(Q: Aug. 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	))
=	1329366.239	-	8213.981	-	( 51894.52	-	max(0, 99302.846	-	80622.345	+	51894.52	))
=	1339832.759

	Invested Capital		(Q: Feb. 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	))
=	1363436.155	-	7444.462	-	( 17810.011	-	max(0, 100324.674	-	46179.251	+	17810.011	))
=	1410137.116

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

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

Japan Metropolitan Fund Investment's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Feb. 2026 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Aug. 2025		Q: Feb. 2026
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	52396.538	/	( ( (1204337.318 + max(9101.699, 0))	+	(1270962.933 + max(10109.55, 0)) )	/	2 )
=	52396.538	/	( ( 1213439.017	+	1281072.483 )	/	2 )
=	52396.538	/	1247255.75
=	4.20 %

where Working Capital is:

	Working Capital		(Q: Aug. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1141.219	+	0	+	27513.326)	-	(8213.981	+	0	+	11338.865)
=	9101.699

	Working Capital		(Q: Feb. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1266.521	+	0	+	27017.703)	-	(7444.462	+	0	+	10730.212)
=	10109.55

When net working capital is negative, 0 is used.

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

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

Japan Metropolitan Fund Investment's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Feb. 2026 )
	=	50067.908	/	1462744.294
	=	3.42 %

* 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.

Japan Metropolitan Fund Investment EBIT Related Terms

Japan Metropolitan Fund Investment EBIT Historical Data

* Premium members only.

The historical data trend for Japan Metropolitan Fund Investment's EBIT can be seen below:

Japan Metropolitan Fund Investment EBIT Chart

Japan Metropolitan Fund Investment Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

EBIT

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27,637.89

28,384.57

35,823.85

35,161.43

35,001.85

Japan Metropolitan Fund Investment Semi-Annual Data
	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24	Feb25	Aug25	Feb26
EBIT	Get a 7-Day Free Trial															17,619.30	17,382.55	21,694.93	23,869.64	26,198.27

TSE:8953 vs SPG, O, KIM: EBIT Comparison

For the REIT - Retail subindustry, Japan Metropolitan Fund 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.

Japan Metropolitan Fund Investment EV-to-EBIT vs REITs Industry

For the REITs industry and Real Estate sector, Japan Metropolitan Fund Investment's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Japan Metropolitan Fund Investment's EV-to-EBIT falls into.

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73GF Score

Japan Metropolitan Fund Investment Corp TSE:8953

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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Japan Metropolitan Fund 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 Feb. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円50,068 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of 円50,068 Mil mean?

Japan Metropolitan Fund Investment (TSE:8953) has a EBIT of 円50,068 Mil as of Feb. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Japan Metropolitan Fund Investment.

Is Japan Metropolitan Fund Investment's EBIT too high?

Japan Metropolitan Fund Investment's current EBIT is 円50,068 Mil. Overall, Japan Metropolitan Fund 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 Metropolitan Fund Investment's EBIT compare to SPG and O?

Japan Metropolitan Fund Investment's EBIT of 円50,068 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 Japan Metropolitan Fund Investment. Japan Metropolitan Fund Investment's current EBIT is 円50,068 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Japan Metropolitan Fund Investment stock overvalued right now?

Based on GuruFocus' analysis, Japan Metropolitan Fund Investment (TSE:8953) is currently considered Fairly Valued. The stock's GF Value™ is 円115,138.58, compared to a current price of 円118,300.00 — trading 2.7% above its estimated fair value. The current EBIT is 円50,068 Mil. Japan Metropolitan Fund Investment's overall GF Score™ is 73/100 with 7 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 Japan Metropolitan Fund Investment (TSE:8953), the current EBIT is 円50,068 Mil 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 Japan Metropolitan Fund Investment (TSE:8953) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Metropolitan Fund Investment stock appears to be overvalued. The current stock price of 円118,300.00 is trading 2.7% above its estimated GF Value™ of 円115,138.58. GuruFocus considers Japan Metropolitan Fund Investment to be Fairly Valued.

Key valuation signals for TSE:8953:

EBIT: 円50,068 Mil
GF Value™: 円115,138.58 vs. price of 円118,300.00 (2.7% above fair value)
GF Score™: 73/100 with 7 warning signs

No single metric tells the full story. See the TSE:8953 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Japan Metropolitan Fund Investment Business Description

Industry Real Estate REITs

Comparable Companies TSE:3462 TSE:3292 TSE:8964 TSE:2971 SPG O KIM XPAR:URW REG SGX:C38U ASX:SCG XPAR:LI HKSE:00823 FRT BRX ADC NNN ASX:VCX TSX:CHP.UN MAC

Other Exchanges 59JA:Germany

Address Tokyo Building 7-3, Marunouchi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-6420

Website https://www.jmf-reit.com

Japan Metropolitan Fund Investment Corp is a diversified REIT investing in real estate properties serving as a foundation of urban lives. Its portfolio includes urban retail, mixed-use, office, residence, hotel and suburban retail.

73GF Score

Get the complete analysis for TSE:8953

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

円118,300.00

Price

円115,138.58

GF Value

View TSE:8953 Analysis

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