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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.
Daiwa Office Investment's Enterprise Value for the quarter that ended in May. 2026 was 円509,996 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Daiwa Office Investment's EBIT for the trailing twelve months (TTM) ended in May. 2026 was 円17,515 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.
Daiwa Office Investment EV-to-EBIT Related Terms
Daiwa Office 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, Daiwa Office 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.
Daiwa Office Investment EV-to-EBIT vs REITs Industry
For the REITs industry and Real Estate sector, Daiwa Office Investment's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Daiwa Office Investment's EV-to-EBIT falls into.
Daiwa Office Investment's current Enterprise Value is 円518,795 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Daiwa Office Investment's EBIT for the trailing twelve months (TTM) ended in May. 2026 was 円17,515 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.
Daiwa Office Investment (TSE:8976) has a EV-to-EBIT of 29.62 as of Aug. 20, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Daiwa Office Investment and its competitors. This is 17% below median its historical median of 35.80. Over the past decade, Daiwa Office Investment's EV-to-EBIT has ranged from 28.02 to 47.44. According to the industry distribution chart, Daiwa Office Investment ranks #496 out of 654 companies in the REITs industry, placing it in the top 75.8%.
Is Daiwa Office Investment's EV-to-EBIT too high?
Daiwa Office Investment's current EV-to-EBIT of 29.62 is 17% below median its 10-year median of 35.80. Over the past 10 years, this metric has ranged from a low of 28.02 to a high of 47.44. The REITs industry median EV-to-EBIT is 18.12. Daiwa Office Investment's value of 29.62 is 63.5% above this industry median. Based on the distribution chart, Daiwa Office Investment ranks #496 out of 654 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Daiwa Office Investment has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Daiwa Office Investment's EV-to-EBIT compare to BXP and ARE?
According to the REITs industry distribution chart, Daiwa Office Investment ranks #496 out of 654 companies for EV-to-EBIT. This places Daiwa Office Investment in the lower half of its industry. The industry median EV-to-EBIT is 18.12. Daiwa Office Investment's value of 29.62 is 63.5% above this benchmark. Historically, Daiwa Office Investment's own EV-to-EBIT has ranged from 28.02 to 47.44 over the past decade. While the company's 10-year median is 35.80 vs. the industry median of 18.12, Daiwa Office 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 18.12, based on 654 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. Daiwa Office Investment's current EV-to-EBIT of 29.62 is 63.5% 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 Daiwa Office Investment and its competitors. For the REITs industry, the median EV-to-EBIT is 18.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daiwa Office Investment's current EV-to-EBIT is 29.62, which is 17% below median its own 10-year median of 35.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daiwa Office Investment stock overvalued right now?
Based on GuruFocus' analysis, Daiwa Office Investment (TSE:8976) is currently considered Modestly Undervalued. The stock's GF Value™ is 円362,117.66, compared to a current price of 円327,500.00 — trading 9.6% below its estimated fair value. The current EV-to-EBIT is 29.62, which is 17% below median its 10-year median of 35.80 and 63.5% above the REITs industry median of 18.12. Daiwa Office Investment's overall GF Score™ is 66/100 with 4 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 Daiwa Office Investment (TSE:8976), the current EV-to-EBIT is 29.62 as of Aug. 20, 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 Daiwa Office Investment (TSE:8976) Overvalued in 2026?
Based on GuruFocus' analysis, Daiwa Office Investment stock appears to be undervalued.
The current stock price of 円327,500.00 is trading 9.6% below its estimated GF Value™ of 円362,117.66.
GuruFocus considers Daiwa Office Investment to be Modestly Undervalued.
Key valuation signals for TSE:8976:
EV-to-EBIT: 29.62 (17% below median its 10-year median of 35.80)
GF Value™: 円362,117.66 vs. price of 円327,500.00 (9.6% below fair value)
Industry Position: 63.5% above the REITs median (#496 of 654)
No single metric tells the full story. See the TSE:8976 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Daiwa Office Investment Corp is a real estate investment trust focused on acquiring, managing, and leasing office properties located in the Five Central Wards of Tokyo. The vast majority of the company's real estate portfolio is composed of office buildings fairly evenly distributed between Tokyo's Five Central Wards in terms of total value. Daiwa derives nearly all of its income in the form of rental revenue from leasing its properties. The firm has a varied tenant base from a number of industries, including the entertainment, retail, insurance, and food and beverage companies.
66GF Score
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