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This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Ichigo Office REIT Investment's Enterprise Value for the quarter that ended in Apr. 2026 was $1,642.9 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ichigo Office REIT Investment's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was $58.8 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.
Ichigo Office REIT Investment EV-to-EBIT Related Terms
Ichigo Office REIT Investment EV-to-EBIT 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 - Office subindustry, Ichigo Office 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 Office REIT Investment EV-to-EBIT vs REITs Industry
For the REITs industry and Real Estate sector, Ichigo Office REIT Investment's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Ichigo Office REIT Investment's EV-to-EBIT falls into.
Ichigo Office REIT Investment's current Enterprise Value is $1,673.2 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ichigo Office REIT Investment's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was $58.8 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.
Ichigo Office REIT Investment (FCRQF) has a EV-to-EBIT of 28.43 as of Aug. 29, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Ichigo Office REIT Investment and its competitors. This is near median its historical median of 31.05. Over the past decade, Ichigo Office REIT Investment's EV-to-EBIT has ranged from 21.47 to 50.04. According to the industry distribution chart, Ichigo Office REIT Investment ranks #493 out of 651 companies in the REITs industry, placing it in the top 75.7%.
Is Ichigo Office REIT Investment's EV-to-EBIT too high?
Ichigo Office REIT Investment's current EV-to-EBIT of 28.43 is near median its 10-year median of 31.05. Over the past 10 years, this metric has ranged from a low of 21.47 to a high of 50.04. The REITs industry median EV-to-EBIT is 18.18. Ichigo Office REIT Investment's value of 28.43 is 56.4% above this industry median. Based on the distribution chart, Ichigo Office REIT Investment ranks #493 out of 651 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Ichigo Office REIT Investment has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Ichigo Office REIT Investment's EV-to-EBIT compare to BXP and ARE?
According to the REITs industry distribution chart, Ichigo Office REIT Investment ranks #493 out of 651 companies for EV-to-EBIT. This places Ichigo Office REIT Investment in the lower half of its industry. The industry median EV-to-EBIT is 18.18. Ichigo Office REIT Investment's value of 28.43 is 56.4% above this benchmark. Historically, Ichigo Office REIT Investment's own EV-to-EBIT has ranged from 21.47 to 50.04 over the past decade. While the company's 10-year median is 31.05 vs. the industry median of 18.18, Ichigo Office 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 EV-to-EBIT for a REITs company?
The median EV-to-EBIT among REITs companies is 18.18, based on 651 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ichigo Office REIT Investment's current EV-to-EBIT of 28.43 is 56.4% 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Ichigo Office REIT Investment and its competitors. For the REITs industry, the median EV-to-EBIT is 18.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ichigo Office REIT Investment's current EV-to-EBIT is 28.43, which is near median its own 10-year median of 31.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichigo Office REIT Investment stock overvalued right now?
Ichigo Office REIT Investment (FCRQF) has a current EV-to-EBIT of 28.43. The stock's GF Value™ is $547.59, compared to a current price of $585.00 — trading 6.8% above its estimated fair value. The current EV-to-EBIT is 28.43, which is near median its 10-year median of 31.05 and 56.4% above the REITs industry median of 18.18. Ichigo Office REIT Investment's overall GF Score™ is 67/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Ichigo Office REIT Investment (FCRQF), the current EV-to-EBIT is 28.43 as of Aug. 29, 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 Office REIT Investment (FCRQF) Overvalued in 2026?
Based on GuruFocus' analysis, Ichigo Office REIT Investment stock appears to be overvalued.
The current stock price of $585.00 is trading 6.8% above its estimated GF Value™ of $547.59.
Key valuation signals for FCRQF:
EV-to-EBIT: 28.43 (near median its 10-year median of 31.05)
GF Value™: $547.59 vs. price of $585.00 (6.8% above fair value)
Industry Position: 56.4% above the REITs median (#493 of 651)
No single metric tells the full story. See the FCRQF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ichigo Office REIT Investment Corp is investment company operating in Japan. Its investment strategy is focused on mid-size offices which offer return stability and upside potential. The company seeks to drive higher earnings and sustainable growth for its shareholders by increasing the value of its assets through a wide array of value-add activities, including tailored tenant services, structural building improvements, and targeted tenant leasing. It provides stable cash flows, supporting stable dividends and upside for shareholders through rental income earned in mid-size offices.
67GF Score
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EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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