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Mindspace Business Parks REIT (NSE:MINDSPACE) 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.
Mindspace Business Parks REIT's Enterprise Value for the quarter that ended in Mar. 2026 was ₹416,445 Mil.
Mindspace Business Parks REIT's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹20,077 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.
Mindspace Business Parks REIT EV-to-EBIT Related Terms
Mindspace Business Parks REIT 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.
NSE:MINDSPACE vs BXP, ARE, VNO: EV-to-EBIT Comparison
For the REIT - Office subindustry, Mindspace Business Parks 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.
Mindspace Business Parks REIT EV-to-EBIT vs REITs Industry
For the REITs industry and Real Estate sector, Mindspace Business Parks REIT's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Mindspace Business Parks REIT's EV-to-EBIT falls into.
Mindspace Business Parks REIT's current Enterprise Value is ₹451,598 Mil.
Mindspace Business Parks REIT's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹20,077 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.
Mindspace Business Parks REIT (NSE:MINDSPACE) has a EV-to-EBIT of 22.49 as of Aug. 02, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Mindspace Business Parks REIT and its competitors. This is near median its historical median of 21.60. Over the past decade, Mindspace Business Parks REIT's EV-to-EBIT has ranged from 10.92 to 114.91. According to the industry distribution chart, Mindspace Business Parks REIT ranks #385 out of 657 companies in the REITs industry, placing it in the top 58.6%.
Is Mindspace Business Parks REIT's EV-to-EBIT too high?
Mindspace Business Parks REIT's current EV-to-EBIT of 22.49 is near median its 10-year median of 21.60. Over the past 10 years, this metric has ranged from a low of 10.92 to a high of 114.91. The REITs industry median EV-to-EBIT is 18.18. Mindspace Business Parks REIT's value of 22.49 is 23.7% above this industry median. Based on the distribution chart, Mindspace Business Parks REIT ranks #385 out of 657 companies in the REITs industry, which is below the industry midpoint. Overall, Mindspace Business Parks REIT has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mindspace Business Parks REIT's EV-to-EBIT compare to BXP and ARE?
According to the REITs industry distribution chart, Mindspace Business Parks REIT ranks #385 out of 657 companies for EV-to-EBIT. This places Mindspace Business Parks REIT in the lower half of its industry. The industry median EV-to-EBIT is 18.18. Mindspace Business Parks REIT's value of 22.49 is 23.7% above this benchmark. Historically, Mindspace Business Parks REIT's own EV-to-EBIT has ranged from 10.92 to 114.91 over the past decade. While the company's 10-year median is 21.60 vs. the industry median of 18.18, Mindspace Business Parks REIT 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 657 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. Mindspace Business Parks REIT's current EV-to-EBIT of 22.49 is 23.7% 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 Mindspace Business Parks REIT 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. Mindspace Business Parks REIT's current EV-to-EBIT is 22.49, which is near median its own 10-year median of 21.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mindspace Business Parks REIT stock overvalued right now?
Based on GuruFocus' analysis, Mindspace Business Parks REIT (NSE:MINDSPACE) is currently considered Fairly Valued. The stock's GF Value™ is ₹489.75, compared to a current price of ₹492.13 — trading 0.5% above its estimated fair value. The current EV-to-EBIT is 22.49, which is near median its 10-year median of 21.60 and 23.7% above the REITs industry median of 18.18. Mindspace Business Parks REIT's overall GF Score™ is 84/100 with 7 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 Mindspace Business Parks REIT (NSE:MINDSPACE), the current EV-to-EBIT is 22.49 as of Aug. 02, 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 Mindspace Business Parks REIT (NSE:MINDSPACE) Overvalued in 2026?
Based on GuruFocus' analysis, Mindspace Business Parks REIT stock appears to be overvalued.
The current stock price of ₹492.13 is trading 0.5% above its estimated GF Value™ of ₹489.75.
GuruFocus considers Mindspace Business Parks REIT to be Fairly Valued.
Key valuation signals for NSE:MINDSPACE:
EV-to-EBIT: 22.49 (near median its 10-year median of 21.60)
GF Value™: ₹489.75 vs. price of ₹492.13 (0.5% above fair value)
Industry Position: 23.7% above the REITs median (#385 of 657)
No single metric tells the full story. See the NSE:MINDSPACE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mindspace Business Parks REIT is a real estate investment company. It owns an office portfolio located in four key office markets such as Mumbai Region, Hyderabad, Pune, and Chennai in India. The company's portfolio has several integrated business parks with superior infrastructure and amenities (such as restaurants, creches, and outdoor sports arenas) and five quality independent offices.
84GF Score
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