Hankyu Hanshin REIT (TSE:8977) EV-to-EBIT: 32.30 (As of Aug. 24, 2026) — 10% Below Median

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TSE:8977 Hankyu Hanshin REIT Inc TSE:8977
58 GF Score
Price 円133,700.00
GF Value 円154,735.69
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Hankyu Hanshin REIT EV-to-EBIT?

Hankyu Hanshin REIT TSE:8977 -0.89% 58 EV-to-EBIT is 32.30 as of Aug. 24, 2026, which is 10% below its 10-year median of 35.99. GuruFocus rates TSE:8977 with a GF Score™ of 58/100 and a GF Value™ of 円154,735.69 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 654 REITs companies, Hankyu Hanshin REIT ranks worse than 81.35% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Hankyu Hanshin REIT's Enterprise Value is 円175,610 Mil. Hankyu Hanshin REIT's EBIT for the trailing twelve months (TTM) ended in May. 2026 was 円5,437 Mil. Therefore, Hankyu Hanshin REIT's EV-to-EBIT for today is 32.30.

The historical rank and industry rank for Hankyu Hanshin REIT's EV-to-EBIT or its related term are showing as below:

TSE:8977' s EV-to-EBIT Range Over the Past 10 Years
Min: 26.25   Med: 35.99   Max: 41.79
Current: 32.3

During the past 13 years, the highest EV-to-EBIT of Hankyu Hanshin REIT was 41.79. The lowest was 26.25. And the median was 35.99.

TSE:8977's EV-to-EBIT is ranked worse than
81.35% of 654 companies
in the REITs industry
Industry Median: 17.82 vs TSE:8977: 32.30

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Hankyu Hanshin REIT's Enterprise Value for the quarter that ended in May. 2026 was 円182,672 Mil. Hankyu Hanshin REIT's EBIT for the trailing twelve months (TTM) ended in May. 2026 was 円5,437 Mil. Hankyu Hanshin REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in May. 2026 was 2.98%.


Hankyu Hanshin REIT  (TSE:8977) 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) %.

Hankyu Hanshin REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in May. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: May. 2026 ) =EBIT / Enterprise Value (Q: May. 2026 )
=5437.436/182672.074
=2.98 %

Hankyu Hanshin REIT's Enterprise Value for the quarter that ended in May. 2026 was 円182,672 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hankyu Hanshin REIT's EBIT for the trailing twelve months (TTM) ended in May. 2026 was 円5,437 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.


Hankyu Hanshin REIT EV-to-EBIT Related Terms


Hankyu Hanshin REIT EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Hankyu Hanshin REIT'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.

Hankyu Hanshin REIT EV-to-EBIT Chart

Hankyu Hanshin REIT Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.55 37.37 35.99 33.19 36.69

Hankyu Hanshin REIT Semi-Annual Data
Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
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 33.19 0.00 36.69 0.00

TSE:8977 vs VICI, WPC: EV-to-EBIT Comparison

For the REIT - Diversified subindustry, Hankyu Hanshin REIT'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.


Hankyu Hanshin REIT EV-to-EBIT vs REITs Industry

For the REITs industry and Real Estate sector, Hankyu Hanshin REIT's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hankyu Hanshin REIT's EV-to-EBIT falls into.


TSE:8977
58GF Score
Hankyu Hanshin REIT Inc TSE:8977
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hankyu Hanshin REIT EV-to-EBIT Calculation

Hankyu Hanshin REIT's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=175609.814/5437.436
=32.30

Hankyu Hanshin REIT's current Enterprise Value is 円175,610 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hankyu Hanshin REIT's EBIT for the trailing twelve months (TTM) ended in May. 2026 was 円5,437 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 32.30 mean?
Hankyu Hanshin REIT (TSE:8977) has a EV-to-EBIT of 32.30 as of Aug. 24, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Hankyu Hanshin REIT and its competitors. This is 10% below median its historical median of 35.99. Over the past decade, Hankyu Hanshin REIT's EV-to-EBIT has ranged from 26.25 to 41.79. According to the industry distribution chart, Hankyu Hanshin REIT ranks #532 out of 654 companies in the REITs industry, placing it in the top 81.3%.
Is Hankyu Hanshin REIT's EV-to-EBIT too high?
Hankyu Hanshin REIT's current EV-to-EBIT of 32.30 is 10% below median its 10-year median of 35.99. Over the past 10 years, this metric has ranged from a low of 26.25 to a high of 41.79. The REITs industry median EV-to-EBIT is 17.82. Hankyu Hanshin REIT's value of 32.30 is 81.3% above this industry median. Based on the distribution chart, Hankyu Hanshin REIT ranks #532 out of 654 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Hankyu Hanshin REIT has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hankyu Hanshin REIT's EV-to-EBIT compare to VICI and WPC?
According to the REITs industry distribution chart, Hankyu Hanshin REIT ranks #532 out of 654 companies for EV-to-EBIT. This places Hankyu Hanshin REIT in the lower half of its industry. The industry median EV-to-EBIT is 17.82. Hankyu Hanshin REIT's value of 32.30 is 81.3% above this benchmark. Historically, Hankyu Hanshin REIT's own EV-to-EBIT has ranged from 26.25 to 41.79 over the past decade. While the company's 10-year median is 35.99 vs. the industry median of 17.82, Hankyu Hanshin REIT 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 17.82, 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. Hankyu Hanshin REIT's current EV-to-EBIT of 32.30 is 81.3% 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 Hankyu Hanshin REIT and its competitors. For the REITs industry, the median EV-to-EBIT is 17.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hankyu Hanshin REIT's current EV-to-EBIT is 32.30, which is 10% below median its own 10-year median of 35.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hankyu Hanshin REIT stock overvalued right now?
Based on GuruFocus' analysis, Hankyu Hanshin REIT (TSE:8977) is currently considered Modestly Undervalued. The stock's GF Value™ is 円154,735.69, compared to a current price of 円133,700.00 — trading 13.6% below its estimated fair value. The current EV-to-EBIT is 32.30, which is 10% below median its 10-year median of 35.99 and 81.3% above the REITs industry median of 17.82. Hankyu Hanshin REIT's overall GF Score™ is 58/100 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 Hankyu Hanshin REIT (TSE:8977), the current EV-to-EBIT is 32.30 as of Aug. 24, 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 Hankyu Hanshin REIT (TSE:8977) Overvalued in 2026?

Based on GuruFocus' analysis, Hankyu Hanshin REIT stock appears to be undervalued. The current stock price of 円133,700.00 is trading 13.6% below its estimated GF Value™ of 円154,735.69. GuruFocus considers Hankyu Hanshin REIT to be Modestly Undervalued.

Key valuation signals for TSE:8977:

  • EV-to-EBIT: 32.30 (10% below median its 10-year median of 35.99)
  • GF Value™: 円154,735.69 vs. price of 円133,700.00 (13.6% below fair value)
  • GF Score™: 58/100 with 4 warning signs
  • Industry Position: 81.3% above the REITs median (#532 of 654)

No single metric tells the full story. See the TSE:8977 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hankyu Hanshin REIT Business Description

Industry Real EstateREITs
Address 19-19, Chayamachi, Applause Tower, 19th floor, Osaka, JPN, 530-0013
Hankyu Hanshin REIT Inc is a real estate investment trust. The firm manages funds contributed by unitholders by investing them mainly in real estate and real estate backed securities. Its portfolio comprises retail facilities, Office use facilities and Complex facilities. The firm holds the majority of its investments in Kansai region.
58GF Score

Get the complete analysis for TSE:8977

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

円133,700.00
Price
円154,735.69
GF Value