Tosei Reit Investment (TSE:3451) EV-to-EBIT: 25.79 (As of Sep. 09, 2026) — Near Median

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TSE:3451 Tosei Reit Investment Corp TSE:3451
57 GF Score
Price 円127,000.00
GF Value 円142,968.92
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Tosei Reit Investment EV-to-EBIT?

Tosei Reit Investment TSE:3451 +0.32% 57 EV-to-EBIT is 25.79 as of Sep. 09, 2026, which is 5% below its 10-year median of 27.22. GuruFocus rates TSE:3451 with a GF Score™ of 57/100 and a GF Value™ of 円142,968.92 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 649 REITs companies, Tosei Reit Investment ranks worse than 67.64% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Tosei Reit Investment's Enterprise Value is 円89,308 Mil. Tosei Reit Investment's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was 円3,463 Mil. Therefore, Tosei Reit Investment's EV-to-EBIT for today is 25.79.

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

TSE:3451' s EV-to-EBIT Range Over the Past 10 Years
Min: 19.16   Med: 27.22   Max: 38.75
Current: 25.79

During the past 11 years, the highest EV-to-EBIT of Tosei Reit Investment was 38.75. The lowest was 19.16. And the median was 27.22.

TSE:3451's EV-to-EBIT is ranked worse than
67.64% of 649 companies
in the REITs industry
Industry Median: 17.77 vs TSE:3451: 25.79

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Tosei Reit Investment's Enterprise Value for the quarter that ended in Apr. 2026 was 円93,047 Mil. Tosei Reit Investment's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was 円3,463 Mil. Tosei Reit Investment's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 3.72%.


Tosei Reit Investment  (TSE:3451) 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) %.

Tosei 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 )
=3462.755/93047.364
=3.72 %

Tosei Reit Investment's Enterprise Value for the quarter that ended in Apr. 2026 was 円93,047 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tosei Reit Investment's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was 円3,463 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.


Tosei Reit Investment EV-to-EBIT Related Terms


Tosei Reit Investment EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Tosei 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.

Tosei Reit Investment EV-to-EBIT Chart

Tosei 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 26.98 29.42 28.64 27.25 28.56

Tosei 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 27.25 0.00 28.56 0.00

TSE:3451 vs VICI, WPC: EV-to-EBIT Comparison

For the REIT - Diversified subindustry, Tosei 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.


Tosei Reit Investment EV-to-EBIT vs REITs Industry

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

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


TSE:3451
57GF Score
Tosei Reit Investment Corp TSE:3451
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tosei Reit Investment EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=89307.549/3462.755
=25.79

Tosei Reit Investment's current Enterprise Value is 円89,308 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tosei Reit Investment's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was 円3,463 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 25.79 mean?
Tosei Reit Investment (TSE:3451) has a EV-to-EBIT of 25.79 as of Sep. 09, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Tosei Reit Investment and its competitors. This is near median its historical median of 27.22. Over the past decade, Tosei Reit Investment's EV-to-EBIT has ranged from 19.16 to 38.75. According to the industry distribution chart, Tosei Reit Investment ranks #439 out of 649 companies in the REITs industry, placing it in the top 67.6%.
Is Tosei Reit Investment's EV-to-EBIT too high?
Tosei Reit Investment's current EV-to-EBIT of 25.79 is near median its 10-year median of 27.22. Over the past 10 years, this metric has ranged from a low of 19.16 to a high of 38.75. The REITs industry median EV-to-EBIT is 17.77. Tosei Reit Investment's value of 25.79 is 45.1% above this industry median. Based on the distribution chart, Tosei Reit Investment ranks #439 out of 649 companies in the REITs industry, which is below the industry midpoint. Overall, Tosei Reit Investment has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tosei Reit Investment's EV-to-EBIT compare to VICI and WPC?
According to the REITs industry distribution chart, Tosei Reit Investment ranks #439 out of 649 companies for EV-to-EBIT. This places Tosei Reit Investment in the lower half of its industry. The industry median EV-to-EBIT is 17.77. Tosei Reit Investment's value of 25.79 is 45.1% above this benchmark. Historically, Tosei Reit Investment's own EV-to-EBIT has ranged from 19.16 to 38.75 over the past decade. While the company's 10-year median is 27.22 vs. the industry median of 17.77, Tosei 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 17.77, based on 649 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. Tosei Reit Investment's current EV-to-EBIT of 25.79 is 45.1% 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 Tosei Reit Investment and its competitors. For the REITs industry, the median EV-to-EBIT is 17.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tosei Reit Investment's current EV-to-EBIT is 25.79, which is near median its own 10-year median of 27.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tosei Reit Investment stock overvalued right now?
Based on GuruFocus' analysis, Tosei Reit Investment (TSE:3451) is currently considered Modestly Undervalued. The stock's GF Value™ is 円142,968.92, compared to a current price of 円127,000.00 — trading 11.2% below its estimated fair value. The current EV-to-EBIT is 25.79, which is near median its 10-year median of 27.22 and 45.1% above the REITs industry median of 17.77. Tosei Reit Investment's overall GF Score™ is 57/100 with 5 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 Tosei Reit Investment (TSE:3451), the current EV-to-EBIT is 25.79 as of Sep. 09, 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 Tosei Reit Investment (TSE:3451) Overvalued in 2026?

Based on GuruFocus' analysis, Tosei Reit Investment stock appears to be undervalued. The current stock price of 円127,000.00 is trading 11.2% below its estimated GF Value™ of 円142,968.92. GuruFocus considers Tosei Reit Investment to be Modestly Undervalued.

Key valuation signals for TSE:3451:

  • EV-to-EBIT: 25.79 (near median its 10-year median of 27.22)
  • GF Value™: 円142,968.92 vs. price of 円127,000.00 (11.2% below fair value)
  • GF Score™: 57/100 with 5 warning signs
  • Industry Position: 45.1% above the REITs median (#439 of 649)

No single metric tells the full story. See the TSE:3451 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tosei Reit Investment Business Description

Industry Real EstateREITs
Address 4-5-4 Shibaura, Tamachi Tosei Building, Minato-ku, Tokyo, JPN
Tosei Reit Investment Corp is a Japanese company operating in the real estate industry. The company invests in real estate and other assets and the investments are spread across Offices, Commercial facility and Housing.
57GF Score

Get the complete analysis for TSE:3451

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

円127,000.00
Price
円142,968.92
GF Value