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Japan Real Estate Investment (TSE:8952) 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.
Japan Real Estate Investment's Enterprise Value for the quarter that ended in Mar. 2026 was 円1,306,441 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Japan Real Estate Investment's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円39,884 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 Real Estate Investment EV-to-EBIT Related Terms
Japan Real Estate Investment 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.
For the REIT - Office subindustry, Japan Real Estate 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.
Japan Real Estate Investment EV-to-EBIT vs REITs Industry
For the REITs industry and Real Estate sector, Japan Real Estate Investment's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Japan Real Estate Investment's EV-to-EBIT falls into.
Japan Real Estate Investment's current Enterprise Value is 円1,344,406 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Japan Real Estate Investment's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円39,884 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 Real Estate Investment (TSE:8952) has a EV-to-EBIT of 33.71 as of Aug. 27, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Japan Real Estate Investment and its competitors. This is near median its historical median of 36.63. Over the past decade, Japan Real Estate Investment's EV-to-EBIT has ranged from 28.66 to 49.21. According to the industry distribution chart, Japan Real Estate Investment ranks #539 out of 652 companies in the REITs industry, placing it in the top 82.7%.
Is Japan Real Estate Investment's EV-to-EBIT too high?
Japan Real Estate Investment's current EV-to-EBIT of 33.71 is near median its 10-year median of 36.63. Over the past 10 years, this metric has ranged from a low of 28.66 to a high of 49.21. The REITs industry median EV-to-EBIT is 17.99. Japan Real Estate Investment's value of 33.71 is 87.4% above this industry median. Based on the distribution chart, Japan Real Estate Investment ranks #539 out of 652 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Japan Real Estate Investment has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Japan Real Estate Investment's EV-to-EBIT compare to BXP and ARE?
According to the REITs industry distribution chart, Japan Real Estate Investment ranks #539 out of 652 companies for EV-to-EBIT. This places Japan Real Estate Investment in the lower half of its industry. The industry median EV-to-EBIT is 17.99. Japan Real Estate Investment's value of 33.71 is 87.4% above this benchmark. Historically, Japan Real Estate Investment's own EV-to-EBIT has ranged from 28.66 to 49.21 over the past decade. While the company's 10-year median is 36.63 vs. the industry median of 17.99, Japan Real Estate 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 17.99, 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. Japan Real Estate Investment's current EV-to-EBIT of 33.71 is 87.4% 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 Real Estate Investment 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. Japan Real Estate Investment's current EV-to-EBIT is 33.71, which is near median its own 10-year median of 36.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Real Estate Investment stock overvalued right now?
Based on GuruFocus' analysis, Japan Real Estate Investment (TSE:8952) is currently considered Modestly Overvalued. The stock's GF Value™ is 円106,786.00, compared to a current price of 円119,000.00 — trading 11.4% above its estimated fair value. The current EV-to-EBIT is 33.71, which is near median its 10-year median of 36.63 and 87.4% above the REITs industry median of 17.99. Japan Real Estate Investment's overall GF Score™ is 66/100 with 6 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 Real Estate Investment (TSE:8952), the current EV-to-EBIT is 33.71 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 Japan Real Estate Investment (TSE:8952) Overvalued in 2026?
Based on GuruFocus' analysis, Japan Real Estate Investment stock appears to be overvalued.
The current stock price of 円119,000.00 is trading 11.4% above its estimated GF Value™ of 円106,786.00.
GuruFocus considers Japan Real Estate Investment to be Modestly Overvalued.
Key valuation signals for TSE:8952:
EV-to-EBIT: 33.71 (near median its 10-year median of 36.63)
GF Value™: 円106,786.00 vs. price of 円119,000.00 (11.4% above fair value)
Industry Position: 87.4% above the REITs median (#539 of 652)
No single metric tells the full story. See the TSE:8952 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Japan Real Estate Investment Corp, or J-REIT, is a Japanese real estate investment trust that invests in, owns, and leases office properties. The vast majority of the company's real estate portfolio is located within Tokyo's 23 wards and the Tokyo metropolitan area in terms of total value. Within this area, J-REIT's offices reside within the Tokyo central business district. The company derives nearly all of its income in the form of rental revenue from the leasing of its office properties. While J-REIT tenants hail from a diverse assortment of industries, firms from the service, information services, electric devices, and financial services industries are its customers.
66GF Score
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