Japan Excellent (FRA:81L) EV-to-EBIT: 30.33 (As of Aug. 25, 2026) — 12% Below Median

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FRA:81L Japan Excellent Inc FRA:81L
64 GF Score
Price €730.00
GF Value €677.89
! 9 Warning Signs
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What is Japan Excellent EV-to-EBIT?

Japan Excellent FRA:81L 64 EV-to-EBIT is 30.33 as of Aug. 25, 2026, which is 12% below its 10-year median of 34.66. GuruFocus rates FRA:81L with a GF Score™ of 64/100 and a GF Value™ of €677.89. The stock has 9 warning signs investors should review. Among 655 REITs companies, Japan Excellent ranks worse than 78.47% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Japan Excellent's Enterprise Value is €1,687.0 Mil. Japan Excellent's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €55.6 Mil. Therefore, Japan Excellent's EV-to-EBIT for today is 30.33.

The historical rank and industry rank for Japan Excellent's EV-to-EBIT or its related term are showing as below:

FRA:81L' s EV-to-EBIT Range Over the Past 10 Years
Min: 24.64   Med: 34.66   Max: 55.34
Current: 30.62

During the past 13 years, the highest EV-to-EBIT of Japan Excellent was 55.34. The lowest was 24.64. And the median was 34.66.

FRA:81L's EV-to-EBIT is ranked worse than
78.47% of 655 companies
in the REITs industry
Industry Median: 18 vs FRA:81L: 30.62

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Japan Excellent's Enterprise Value for the quarter that ended in Jun. 2026 was €1,633.6 Mil. Japan Excellent's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €55.6 Mil. Japan Excellent's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 3.40%.


Japan Excellent  (FRA:81L) EV-to-EBIT Explanation

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.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Japan Excellent's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=55.615/1633.607
=3.40 %

Japan Excellent's Enterprise Value for the quarter that ended in Jun. 2026 was €1,633.6 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Japan Excellent's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €55.6 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.


Japan Excellent EV-to-EBIT Related Terms


Japan Excellent EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Japan Excellent's EV-to-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.

Japan Excellent EV-to-EBIT Chart

Japan Excellent Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.04 34.92 32.45 30.09 31.26

Japan Excellent Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
EV-to-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 0.00 30.09 0.00 31.26 0.00

FRA:81L vs BXP, ARE, VNO: EV-to-EBIT Comparison

For the REIT - Office subindustry, Japan Excellent'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 Excellent EV-to-EBIT vs REITs Industry

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

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


FRA:81L
64GF Score
Japan Excellent Inc FRA:81L
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Japan Excellent EV-to-EBIT Calculation

Japan Excellent's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1686.958/55.615
=30.33

Japan Excellent's current Enterprise Value is €1,687.0 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Japan Excellent's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €55.6 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 EV-to-EBIT →
What does a EV-to-EBIT of 30.33 mean?
Japan Excellent (FRA:81L) has a EV-to-EBIT of 30.33 as of Aug. 25, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Japan Excellent and its competitors. This is 12% below median its historical median of 34.66. Over the past decade, Japan Excellent's EV-to-EBIT has ranged from 24.64 to 55.34. According to the industry distribution chart, Japan Excellent ranks #514 out of 655 companies in the REITs industry, placing it in the top 78.5%.
Is Japan Excellent's EV-to-EBIT too high?
Japan Excellent's current EV-to-EBIT of 30.33 is 12% below median its 10-year median of 34.66. Over the past 10 years, this metric has ranged from a low of 24.64 to a high of 55.34. The REITs industry median EV-to-EBIT is 18.00. Japan Excellent's value of 30.33 is 68.5% above this industry median. Based on the distribution chart, Japan Excellent ranks #514 out of 655 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Japan Excellent has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Japan Excellent's EV-to-EBIT compare to BXP and ARE?
According to the REITs industry distribution chart, Japan Excellent ranks #514 out of 655 companies for EV-to-EBIT. This places Japan Excellent in the lower half of its industry. The industry median EV-to-EBIT is 18.00. Japan Excellent's value of 30.33 is 68.5% above this benchmark. Historically, Japan Excellent's own EV-to-EBIT has ranged from 24.64 to 55.34 over the past decade. While the company's 10-year median is 34.66 vs. the industry median of 18.00, Japan Excellent 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 18.00, based on 655 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. Japan Excellent's current EV-to-EBIT of 30.33 is 68.5% 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 Japan Excellent and its competitors. For the REITs industry, the median EV-to-EBIT is 18.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Excellent's current EV-to-EBIT is 30.33, which is 12% below median its own 10-year median of 34.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Excellent stock overvalued right now?
Japan Excellent (FRA:81L) has a current EV-to-EBIT of 30.33. The stock's GF Value™ is €677.89, compared to a current price of €730.00 — trading 7.7% above its estimated fair value. The current EV-to-EBIT is 30.33, which is 12% below median its 10-year median of 34.66 and 68.5% above the REITs industry median of 18.00. Japan Excellent's overall GF Score™ is 64/100 with 9 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 Japan Excellent (FRA:81L), the current EV-to-EBIT is 30.33 as of Aug. 25, 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 Excellent (FRA:81L) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Excellent stock appears to be overvalued. The current stock price of €730.00 is trading 7.7% above its estimated GF Value™ of €677.89.

Key valuation signals for FRA:81L:

  • EV-to-EBIT: 30.33 (12% below median its 10-year median of 34.66)
  • GF Value™: €677.89 vs. price of €730.00 (7.7% above fair value)
  • GF Score™: 64/100 with 9 warning signs
  • Industry Position: 68.5% above the REITs median (#514 of 655)

No single metric tells the full story. See the FRA:81L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Japan Excellent Business Description

Industry Real EstateREITs
Other Exchanges 8987:Japan
Address 1-9-20 Akasaka, Minato-ku, Tokyo, JPN, 107-0052
Japan Excellent Inc is a real estate investment trust. It mainly invests in office buildings located in major metropolitan areas and pursues to create a portfolio that produces stable growth of income by acquiring properties. The company's portfolio of assets is managed by Japan Excellent Asset Management Co., Ltd.
64GF Score

Get the complete analysis for FRA:81L

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

€730.00
Price
€677.89
GF Value