PICJF (NTT UD Reit Investment) EV-to-EBIT: 29.36 (As of Jul. 22, 2026) — Near Median

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PICJF NTT UD Reit Investment Corp PICJF
62 GF Score
Price $892.43
GF Value $926.58
! 10 Warning Signs
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What is NTT UD Reit Investment EV-to-EBIT?

NTT UD Reit Investment PICJF 62 EV-to-EBIT is 29.36 as of Jul. 22, 2026, which is 8% below its 10-year median of 31.86. GuruFocus rates PICJF with a GF Score™ of 62/100 and a GF Value™ of $926.58. The stock has 10 warning signs investors should review. Among 663 REITs companies, NTT UD Reit Investment ranks worse than 76.62% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, NTT UD Reit Investment's Enterprise Value is $1,959.5 Mil. NTT UD Reit Investment's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was $66.7 Mil. Therefore, NTT UD Reit Investment's EV-to-EBIT for today is 29.36.

The historical rank and industry rank for NTT UD Reit Investment's EV-to-EBIT or its related term are showing as below:

PICJF' s EV-to-EBIT Range Over the Past 10 Years
Min: 23.38   Med: 31.86   Max: 39.56
Current: 30.06

During the past 13 years, the highest EV-to-EBIT of NTT UD Reit Investment was 39.56. The lowest was 23.38. And the median was 31.86.

PICJF's EV-to-EBIT is ranked worse than
76.62% of 663 companies
in the REITs industry
Industry Median: 18.39 vs PICJF: 30.06

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. NTT UD Reit Investment's Enterprise Value for the quarter that ended in Apr. 2026 was $2,038.2 Mil. NTT UD Reit Investment's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was $66.7 Mil. NTT UD Reit Investment's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 3.27%.


NTT UD Reit Investment  (OTCPK:PICJF) 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) %.

NTT UD Reit Investment's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Apr. 2026 ) =EBIT / Enterprise Value (Q: Apr. 2026 )
=66.747/2038.217304
=3.27 %

NTT UD Reit Investment's Enterprise Value for the quarter that ended in Apr. 2026 was $2,038.2 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. NTT UD Reit Investment's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was $66.7 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.


NTT UD Reit Investment EV-to-EBIT Related Terms


NTT UD Reit Investment EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for NTT UD Reit Investment'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.

NTT UD Reit Investment EV-to-EBIT Chart

NTT UD Reit Investment Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.38 28.87 25.87 30.52 32.51

NTT UD Reit Investment Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 30.52 0.00 32.51 0.00

PICJF vs VICI, WPC: EV-to-EBIT Comparison

For the REIT - Diversified subindustry, NTT UD 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.


NTT UD Reit Investment EV-to-EBIT vs REITs Industry

For the REITs industry and Real Estate sector, NTT UD Reit Investment's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where NTT UD Reit Investment's EV-to-EBIT falls into.


PICJF
62GF Score
NTT UD Reit Investment Corp PICJF
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NTT UD Reit Investment EV-to-EBIT Calculation

NTT UD Reit Investment's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1959.492/66.747
=29.36

NTT UD Reit Investment's current Enterprise Value is $1,959.5 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. NTT UD Reit Investment's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was $66.7 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 29.36 mean?
NTT UD Reit Investment (PICJF) has a EV-to-EBIT of 29.36 as of Jul. 22, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on NTT UD Reit Investment and its competitors. This is near median its historical median of 31.86. Over the past decade, NTT UD Reit Investment's EV-to-EBIT has ranged from 23.38 to 39.56. According to the industry distribution chart, NTT UD Reit Investment ranks #508 out of 663 companies in the REITs industry, placing it in the top 76.6%.
Is NTT UD Reit Investment's EV-to-EBIT too high?
NTT UD Reit Investment's current EV-to-EBIT of 29.36 is near median its 10-year median of 31.86. Over the past 10 years, this metric has ranged from a low of 23.38 to a high of 39.56. The REITs industry median EV-to-EBIT is 18.39. NTT UD Reit Investment's value of 29.36 is 59.7% above this industry median. Based on the distribution chart, NTT UD Reit Investment ranks #508 out of 663 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, NTT UD Reit Investment has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does NTT UD Reit Investment's EV-to-EBIT compare to VICI and WPC?
According to the REITs industry distribution chart, NTT UD Reit Investment ranks #508 out of 663 companies for EV-to-EBIT. This places NTT UD Reit Investment in the lower half of its industry. The industry median EV-to-EBIT is 18.39. NTT UD Reit Investment's value of 29.36 is 59.7% above this benchmark. Historically, NTT UD Reit Investment's own EV-to-EBIT has ranged from 23.38 to 39.56 over the past decade. While the company's 10-year median is 31.86 vs. the industry median of 18.39, NTT UD 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 18.39, based on 663 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. NTT UD Reit Investment's current EV-to-EBIT of 29.36 is 59.7% 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 NTT UD Reit Investment and its competitors. For the REITs industry, the median EV-to-EBIT is 18.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NTT UD Reit Investment's current EV-to-EBIT is 29.36, which is near median its own 10-year median of 31.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTT UD Reit Investment stock overvalued right now?
NTT UD Reit Investment (PICJF) has a current EV-to-EBIT of 29.36. The stock's GF Value™ is $926.58, compared to a current price of $892.43 — trading 3.7% below its estimated fair value. The current EV-to-EBIT is 29.36, which is near median its 10-year median of 31.86 and 59.7% above the REITs industry median of 18.39. NTT UD Reit Investment's overall GF Score™ is 62/100 with 10 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 NTT UD Reit Investment (PICJF), the current EV-to-EBIT is 29.36 as of Jul. 22, 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 NTT UD Reit Investment (PICJF) Overvalued in 2026?

Based on GuruFocus' analysis, NTT UD Reit Investment stock appears to be undervalued. The current stock price of $892.43 is trading 3.7% below its estimated GF Value™ of $926.58.

Key valuation signals for PICJF:

  • EV-to-EBIT: 29.36 (near median its 10-year median of 31.86)
  • GF Value™: $926.58 vs. price of $892.43 (3.7% below fair value)
  • GF Score™: 62/100 with 10 warning signs
  • Industry Position: 59.7% above the REITs median (#508 of 663)

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


NTT UD Reit Investment Business Description

Industry Real EstateREITs
Other Exchanges 8956:Japan
Address 1-5-1 Otemachi, Chiyoda-ku, Tokyo, JPN
NTT UD Reit Investment Corp is a Japan-based real estate investment trust company. It is a J-REIT managing compound portfolio of office buildings and residential properties, with NTT Urban Development serving as the sponsor.
62GF Score

Get the complete analysis for PICJF

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

$892.43
Price
$926.58
GF Value