Fukuoka REIT (TSE:8968) EBIT: 円8,830 Mil (TTM As of Feb. 2026)


TSE:8968 Fukuoka REIT Corp TSE:8968
64 GF Score
Price 円173,100.00
GF Value 円177,136.95
Valuation Fairly Valued
! 5 Warning Signs
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What is Fukuoka REIT EBIT?

Fukuoka REIT TSE:8968 +1.47% 64 EBIT is 円8,830 Mil as of Feb. 2026. GuruFocus rates TSE:8968 with a GF Score™ of 64/100 and a GF Value™ of 円177,136.95 (Fairly Valued). The stock has 5 warning signs investors should review.

Fukuoka REIT's earnings before interest and taxes (EBIT) for the six months ended in Feb. 2026 was 円4,391 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2026 was 円8,830 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Fukuoka REIT's annualized ROC % for the quarter that ended in Feb. 2026 was 3.88%. Fukuoka REIT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 4.16%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Fukuoka REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 3.67%.


Fukuoka REIT  (TSE:8968) EBIT Explanation

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

Fukuoka REIT'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 )
=8975.332 * ( 1 - 0.03% )/( (230893.393 + 231180.163)/ 2 )
=8972.6394004/231036.778
=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))
=226809.414 - 986.45 - ( 3109.604 - max(0, 15390.487 - 10320.058+3109.604))
=230893.393

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))
=227423.118 - 1597.724 - ( 5815.414 - max(0, 17022.804 - 11668.035+5815.414))
=231180.163

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:

Fukuoka REIT'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 )
=8782.968/( ( (209683.233 + max(2919.967, 0)) + (208756.655 + max(1329.817, 0)) )/ 2 )
=8782.968/( ( 212603.2 + 210086.472 )/ 2 )
=8782.968/211344.836
=4.16 %

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)
=(1386.433 + 0 + 5824.021) - (986.45 + 0 + 3304.037)
=2919.967

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1359.739 + 0 + 4492.882) - (1597.724 + 0 + 2925.08)
=1329.817

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2026 )
=8830.039/240927.328
=3.67 %

* 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.


Fukuoka REIT EBIT Related Terms


Fukuoka REIT EBIT Historical Data

* Premium members only.

The historical data trend for Fukuoka REIT'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.

Fukuoka REIT EBIT Chart

Fukuoka REIT Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,041.69 6,064.37 6,172.33 6,398.31 7,127.22

Fukuoka REIT 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 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 3,563.61 3,563.61 4,313.72 4,438.56 4,391.48

TSE:8968 vs VICI, WPC: EBIT Comparison

For the REIT - Diversified subindustry, Fukuoka REIT'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.


Fukuoka REIT EV-to-EBIT vs REITs Industry

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

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


TSE:8968
64GF Score
Fukuoka REIT Corp TSE:8968
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Fukuoka REIT 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8,830 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8,830 Mil mean?
Fukuoka REIT (TSE:8968) has a EBIT of 円8,830 Mil as of Feb. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Fukuoka REIT.
Is Fukuoka REIT's EBIT too high?
Fukuoka REIT's current EBIT is 円8,830 Mil. Overall, Fukuoka REIT has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fukuoka REIT's EBIT compare to VICI and WPC?
Fukuoka REIT's EBIT of 円8,830 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 Fukuoka REIT. Fukuoka REIT's current EBIT is 円8,830 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fukuoka REIT stock overvalued right now?
Based on GuruFocus' analysis, Fukuoka REIT (TSE:8968) is currently considered Fairly Valued. The stock's GF Value™ is 円177,136.95, compared to a current price of 円173,100.00 — trading 2.3% below its estimated fair value. The current EBIT is 円8,830 Mil. Fukuoka REIT's overall GF Score™ is 64/100 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 Fukuoka REIT (TSE:8968), the current EBIT is 円8,830 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 Fukuoka REIT (TSE:8968) Overvalued in 2026?

Based on GuruFocus' analysis, Fukuoka REIT stock appears to be undervalued. The current stock price of 円173,100.00 is trading 2.3% below its estimated GF Value™ of 円177,136.95. GuruFocus considers Fukuoka REIT to be Fairly Valued.

Key valuation signals for TSE:8968:

  • EBIT: 円8,830 Mil
  • GF Value™: 円177,136.95 vs. price of 円173,100.00 (2.3% below fair value)
  • GF Score™: 64/100 with 5 warning signs

No single metric tells the full story. See the TSE:8968 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fukuoka REIT Business Description

Industry Real EstateREITs
Address 1-2-25 Sumiyoshi, Hakata, Fukuoka, JPN, 812-0018
Fukuoka REIT Corp is an REIT based in Japan. The company manages a portfolio with a focus on entertainment retail facilities and office buildings in the Fukuoka metropolitan area and other neighbouring areas in the Kyushu region. Fukuoka REIT's asset manager, Fukuoka Realty, provides real estate management, acquisition, arrangement of new property, fundraising, and other operations under contracts. The firm diversifies in retail, office buildings, and other types of property, including residences, hotels, logistics facilities, and public and other facilities. Retail property represents more than half of the portfolio assets.
64GF Score

Get the complete analysis for TSE:8968

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

円173,100.00
Price
円177,136.95
GF Value