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Nippon Building Fund (TSE:8951) 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.
Nippon Building Fund's Enterprise Value for the quarter that ended in Jun. 2026 was 円1,713,896 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nippon Building Fund's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was 円47,809 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.
Nippon Building Fund EV-to-EBIT Related Terms
Nippon Building Fund EV-to-EBIT Historical Data
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The historical data trend for Nippon Building Fund'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.
For the REIT - Office subindustry, Nippon Building Fund'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.
Nippon Building Fund EV-to-EBIT vs REITs Industry
For the REITs industry and Real Estate sector, Nippon Building Fund's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Nippon Building Fund's EV-to-EBIT falls into.
Nippon Building Fund's current Enterprise Value is 円1,746,512 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nippon Building Fund's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was 円47,809 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.
Nippon Building Fund (TSE:8951) has a EV-to-EBIT of 36.53 as of Aug. 27, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Nippon Building Fund and its competitors. This is near median its historical median of 38.53. Over the past decade, Nippon Building Fund's EV-to-EBIT has ranged from 30.74 to 49.76. According to the industry distribution chart, Nippon Building Fund ranks #557 out of 652 companies in the REITs industry, placing it in the top 85.4%.
Is Nippon Building Fund's EV-to-EBIT too high?
Nippon Building Fund's current EV-to-EBIT of 36.53 is near median its 10-year median of 38.53. Over the past 10 years, this metric has ranged from a low of 30.74 to a high of 49.76. The REITs industry median EV-to-EBIT is 17.99. Nippon Building Fund's value of 36.53 is 103.1% above this industry median. Based on the distribution chart, Nippon Building Fund ranks #557 out of 652 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Nippon Building Fund has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nippon Building Fund's EV-to-EBIT compare to BXP and ARE?
According to the REITs industry distribution chart, Nippon Building Fund ranks #557 out of 652 companies for EV-to-EBIT. This places Nippon Building Fund in the lower half of its industry. The industry median EV-to-EBIT is 17.99. Nippon Building Fund's value of 36.53 is 103.1% above this benchmark. Historically, Nippon Building Fund's own EV-to-EBIT has ranged from 30.74 to 49.76 over the past decade. While the company's 10-year median is 38.53 vs. the industry median of 17.99, Nippon Building Fund 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 17.99, based on 652 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. Nippon Building Fund's current EV-to-EBIT of 36.53 is 103.1% 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 Nippon Building Fund and its competitors. For the REITs industry, the median EV-to-EBIT is 17.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Building Fund's current EV-to-EBIT is 36.53, which is near median its own 10-year median of 38.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Building Fund stock overvalued right now?
Based on GuruFocus' analysis, Nippon Building Fund (TSE:8951) is currently considered Fairly Valued. The stock's GF Value™ is 円117,801.82, compared to a current price of 円129,600.00 — trading 10% above its estimated fair value. The current EV-to-EBIT is 36.53, which is near median its 10-year median of 38.53 and 103.1% above the REITs industry median of 17.99. Nippon Building Fund's overall GF Score™ is 64/100 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 Nippon Building Fund (TSE:8951), the current EV-to-EBIT is 36.53 as of Aug. 27, 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 Nippon Building Fund (TSE:8951) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Building Fund stock appears to be overvalued.
The current stock price of 円129,600.00 is trading 10% above its estimated GF Value™ of 円117,801.82.
GuruFocus considers Nippon Building Fund to be Fairly Valued.
Key valuation signals for TSE:8951:
EV-to-EBIT: 36.53 (near median its 10-year median of 38.53)
GF Value™: 円117,801.82 vs. price of 円129,600.00 (10% above fair value)
Industry Position: 103.1% above the REITs median (#557 of 652)
No single metric tells the full story. See the TSE:8951 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Building Fund Inc is a Japanese real estate investment trust engaged in the acquisition, ownership, and leasing of properties in the Greater Tokyo area. The company's real estate portfolio comprises of large corporate office buildings. The majority of these are located in the five wards of Tokyo's central business district. Office space located throughout the rest of Tokyo also makes up a substantial percentage of Nippon Building Fund's assets. The company derives the majority of its income in the form of rental revenue from tenants. Nippon Building Fund's customers are firms from the service, electrical equipment, and information and communications industries in terms of square footage used.
64GF Score
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